Commodities Futures Trading Commission (CFTC) documents released by Sen. Bernie Sanders show how the takedown of Glass-Steagall enabled big crooks to steal from the public by bringing hyperinflation to the gas pump.

Wall Street is using taxpayers' bailout billions to profit by bidding up the price of commodities such as oil via futures markets.

The futures positions in 2008 revealed by the CFTC data included futures proper, combined with the secondary over-the-counter commodities futures derivatives pioneered by Goldman Sachs, which allow Wall Street gamblers to speculate on commodities futures and control commodities prices, without even putting up the money to buy futures. Derivatives of derivatives is pure monopoly money!

The speculators include Goldman Sachs, Morgan Stanley, JP MorganChase, Lehman Bros and Merrill Lynch.

Glass-Steagall limited banks' securities and derivatives trading to less than 2 percent of their assets. Then-Fed Chairman Alan Greenspan raised these limits first to 5 percent, then 10 percent, then 25 percent. When Glass-Steagall was repealed in 1999, all the limits went out the window. Phil Gramm's so-called Commodities Futures Modernization Act of 2000, known as the "Enron Bill," totally deregulated derivatives.

The true issue is that if Glass Steagall is not implemented now, the whole world will crumble under hyperinflationary ruin.

Rob Dupuy, Pasco