[Congressional Record (Bound Edition), Volume 157 (2011), Part 7]
[House]
[Page 9115]
[From the U.S. Government Publishing Office, www.gpo.gov]




             FUND THE COMMODITY FUTURES TRADING COMMISSION

  Ms. JACKSON LEE of Texas. Mr. Speaker, if I mentioned the Commodity 
Futures Trading Commission, there would be a lot of glazed-over eyes. 
But if I mentioned high gasoline prices and food prices that are going 
through the roof, the American public would understand that. So let me 
tell you that our Republican friends, who want a sea of deregulation so 
that consumers won't be protected, are attacking the body that 
regulates speculation on gasoline prices and food. What does that mean? 
It means that every time you go to the grocery store as a working, 
middle class family, all you can see is the price of food going up, up, 
up. Yes, we have had storms, and we have had droughts. But the reason 
is, the speculators are gambling on food prices. They are gambling on 
gasoline prices. So the hardworking Americans that are working are 
getting the short end of the stick.
  Can you imagine, here we go with Republicans again, defeating the 
consumer. Democrats are ready to fight for jobs. We're ready to get rid 
of those speculators and fund the Commodity Futures Trading Commission 
that deals with protecting consumers. Is there no shame? Is there no 
shame? Protect the consumers and fund the CFTC.

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