Comment Text:
10-002
COMMENT
CL-00621
From:
Sent:
To:
Subject:
[email protected]
Thursday, April 8, 2010 5:43 PM
secretary
Proposed Federal Speculative Position Limits
Mark McKennon
438 Sixth Ave.
Brooklyn, NY 11215-4096
April 8, 2010
CFTC Comments
Dear CFTC Comments:
Wall Street's speculative trading in oil not only hurts the economy, but
hurts every American who pays excessive prices at the pump, for groceries,
home heating oil and everything related to transportation.
Our tax dollars were used to bail out large Wall Street firms when they
were on the brink of bankruptcy. It is these same institutions who gamble
on oil and who continue to profit at every American's expense. In doing
so, they help to perpetuate our dependence on a commodity which harms out
environment, our economy, and helps to decrease, not sustain, our economic
viability over the long run. America and Americans deserve better.
Sincerely,
Mark McKennon
7187685539
