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Due to the foreseeable economic forecasts, we have
dissolved
Clarification: The present primary and secondary money markets are very unstable. All of the present bailout $$$$$$ initiatives have a due date (balloon payment schedules) in the next two to five years. These balloon due dates are based upon "hoped for / feel good" business & economic recoveries that amount to little more than promissory notes to our citizens and future generations. In recent days it has been revealed that the billions of bailout $$$$$$ have had no substantial governmental oversight and these bailout $$$$$$ have not been invested in economic recovery. It is our judgment that business and economic recovery cannot take place until we achieve massive and sustained "long term" job and career regeneration through the rebuilding of our manufacturing and business infrastructure. Unemployed citizens cannot spend or invest money. Adding to this present instability is our Federal Government's insatiable appetite for printing dollars. Our dollars are printed on paper without any solid value standard, i.e. gold or silver and our coins cost more to stamp than the value of the copper or silver contained in the coins. Our dollar currency is only as valuable as our national credit. The US is hemorrhaging financially and economically. It has committed almost $13 trillion in the last 18 months to bailout the financial system. The estimated government deficit in the current year is almost $2 trillion or 50% plus of the budget. All of the bailout $$$$$$ committed so far has only achieved two things: First, it has created some short term hope coupled together with illusionary signs of recovery generating a small stock market correction and momentary "hoped for" belief that the crisis is ending. Second, the bailout $$$$$$ printed so far to save the system have gone to Wall Street but has done nothing whatsoever for the real economy. Every single sector of the real economy is deteriorating: production, unemployment, corporate profits, real estate, credit defaults, construction, federal deficits, local government and state deficits etc. In addition to this present gloomy reality is our broken medical system. A system that is out of control due to greed (physician, medical corporations & providers, attorneys and congress men and women) and pharmaceutical lobbyists. Our present administration is demanding an immediate overhaul (stampede it into law) without any possible or reasonable review or oversight. This will further exponentially increase our national debt to income ratio by adding millions of non-paying (even the illegal folks) to the medical rolls. Obviously, adding millions of non-paying folks to an already broken medical system isn't going to fix the problem or improve our national debt. You and I must get involved. Call, email or fax your federal congressman or congresswoman and your Governor and state legislators expressing your concerns and, to the best of your human and business skills and abilities, make reasonable suggestions. We are still in business, we have simply returned to our roots. Visit us at: http://www.jilenterprisellc.com/ © |