February 14, 2012
Dear SEC:
RE: The Volker Rule
So ! The BIG BANKERS want to keep trading with " THEIR OWN " money.
Trading with my money and the money of we depositors.
.. " No No " they certainly say, "the money is OUR money".
.... IS it THEIR money at all ??
They use MY money to lend out 4 to 10 times MY deposit.
And some fraction of that lending is RESERVE.
RESERVE.
RESERVE ! !
Yet trading " THEIR " money is trading the RESERVE.
..Trading INTO THEIR STABILITY
....... Hey get them to QUIT !! it is the stability of the system ! !
...................Dave Donald