Comment Text:
I am a Florida resident and I received the following message from Senator Bill Nelson. He wants Floridians to send emails to you to encourage more government manipulation of the free market. I assume others have received the same message.
Be assured that that we do not share his opinions. We will not place blame on businesses and traders for the cost of goods while government raises business and energy expenses at every level of production from the oil well, to the fuel pump, to the farm, to the retail store.
We understand supply and demand economics and the investors (speculators) role in maintaining the stability of supply.
America is getting educated. We study economics, history, the Constitution, politicians and political strategy. We have learned that Ronald Regan was correct when he said the most frightening words someone can hear are “I’m from the Government & I’m here to help”
My advice is to ignore Senator Nelson for now. I suspect after November 2012 his opinion will be irrelevant.
Sincerely,
Peter Lee
Director of the East Side Tea Party, Orlando, FL
407-697-6501
East Side Tea Party can be found on:
Our website: www.eastsideteaparty.org
Facebook: www.facebook.com/eastsideteaparty
LibertyLinked
And Twitter: www.twitter.com/eastsidetea @eastsidetea
Paid for by the East Side Tea Party, a registered Florida Non-profit organization. This communication is not authorized by any candidate or candidates committee. Please consider donating to our mission at www.EastSideTeaParty.org. Mention of a candidate for public office in this message is for information purposes only in an effort to encourage engagement with the government and the political process. It should not be construed as a political endorsement.
Here is Nelson’s Email
“A loaf of whole wheat. A gallon of gasoline. A pair of Levi’s. Americans are paying more for many basic items this year, making tough economic times even tougher.”
Part of the reason, according to The New York Times, is that speculators are still playing games in the marketplace. Our regulators allow them to wildly bid up the price for everyday items we need, like wheat, gasoline and heating oil. Click here to read The Times article.
Despite a clear directive from Congress to rein in excessive speculation, our watchdogs in Washington seem to be listening more to Wall Street, and not acting quickly enough to protect American consumers. Consider: On any given day about half of the oil futures contracts are bought and sold by traders, not companies that use oil, like airlines and power companies. And the sky’s the limit when it comes to how much of the market traders can control.
To help stop the manipulation of commodities prices, send an e-mail now to the Commodity Futures Trading Commission - and tell the members to stop speculators from interfering with the price of food and energy. Tell the commissioners to stop listening to Wall Street lobbyists. Tell them to impose meaningful position limits.
And while you’re at it, forward this note to your friends, family and others who care about this issue. If the commission hears from enough folks, it’ll adopt stronger rules next month when a vote is scheduled.
