Comment on FR Doc # 2011-00082

The proposed law would cost money adding to the deficit while actively harming the american economy , american banks and their foreign depositors. It might assist some foreign governments. Consequently it makes no sense for any american agency to propose or implement such a rule. The country has economic problems, our banks are struggling. It is ridiculous to make add rules that will reduce their deposit base and the capital avilable to gow our economy. Such a ruling will have a major impact upon the economy and should be made by the legislature, as a law, not a by a bureacracy as a rule . Moreover there is no analysis of what the cost of the rule will be, and they will be large. Such an analysis is a requirement . Without it the rule cannot, and should not be, considered.