Letter To The President .
September 30, 2008
Letter To The President .
by Salim Abraham .
Dear Mr President .
It distresses me greatly to see the global economy go down the drain .I wrote to you before and I proposed the solution it was simple halt the trading of oil and other select commodities on the future markets and allow the trade by actual consumers only – such as countries .
In the current trading trend the money cycle is broken and the profits are being drained from the American tax payers ,The money is being cycled out side the US .All of the money is being drained in to the oil producing countries .
The only way to stabilize the economy is if the 700 billion bailout is issued .
But conditions have to be applied
-STOP trading of OIL and other natural commodities .
-Impose heavy restrictions on insider trading and short selling .
-Consider the trading of Oil and other select commodities through which the profits might be drained on to the second party countries Illegal .
Congress should realize the fact that the economic cycle was twisted and that till now because of the greedy trades of the brokers the money was going outside the US and in to the hands of the OPEC countries .
Congress must be made to realize that the 700 billion will not leave the country directly or in directly that due to the above mentioned restrictions the money will not flow out of The US of A but will stay within the country .
The optimal price of oil should be maintained and regulated by a non biased regulator and the price should be kept within cost + a profit of 10 dollars .
Please check out my blog for more information .
risingoilprices.wordpress.com
salimabraham.wordpress.com
Regards .
Salim Abraham .
Praise God .
Mail Sent 14:24 :: 30/09/2008
Praise God .
Economic Strategy .
September 29, 2008
Economic Strategy .
by Salim Abraham .
The Federal reserve claims that the tax payers are not going to be affected by the seven hundred billion dollar bailout plan .
On the contrary what is going to affect the taxpayer and the economy is the barbaric increase in the price of essential commodities such as gasoline .The taxpayers are biting the bullet for the disgusting speculative and unjust trading practice of the brokers their games have brought the global economy to this scary point and is probably going to change the world and I do not think it is for the better .
The only present solution is that the government agrees to re-finance the sinking financial institutions on strict policies & conditions .
-Regulate the trading policies heavily .
-Speculation policies must be heavily protected .
-Monitor insider trading and short selling .
-Stop trading of Natural commodities on the market Especially Oil & Gas .
The controls & policies must be regulated and monitored daily .
If the advice we provided was heeded we would not be heading for an apparent Global Economic Melt down .
Shames me to see the greed of Humanity .
Regards .
Praise God .
Salim Abraham .
Praise God .
