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Comment for Proposed Rule 75 FR 4143

  • From: James D Johnson
    Organization(s):

    Comment No: 9776
    Date: 4/8/2010

    Comment Text:

    10-002
    COMMENT
    CL-00776
    From:
    Sent:
    To:
    Subject:
    j davej @earthlink.net
    Thursday, April 8, 2010 12:03 PM
    secretary
    Proposed Federal Speculative Position Limits
    James David Johnson
    3300 Merrie Lynn Avenue
    Austin, TX 78722-1609
    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.
    I encourage the CFTC to adopt the Proposed Federal Speculative Position
    Limits before volatile fuel prices further harm the country's already
    weakened economy.
    Sincerely,
    James David Johnson
    512 524-0606