Wow! We are bitter.

Wow! We are bitter.


In today's market picking investments is a crap shoot! Imagine - General Motors went in Bankruptcy. Major Banks are 'risk investments!' The US Government has lost its AAA status, and Gold is sky high! Anyone who calls himself/herself an estate planner has brass balls! Unless you are an insider and have superman's powers you as an estate planner have better than a 10% chance of being right! A trained monkey might make the guessing average as he/she is not bothered with knowing anything! As anyone on Y2K - if there was no stock you felt that you were safe in! more than 50% would have said GM! Ask how they felt about GE - they would rave about it - are you aware that GE was on the verge of Bankruptcy!

Take quick look at your government! Start with the president. He has an approval rating lower than Jimmy Carter, and with congress meeting on the budget he is reported to be leaving the country. It gets better. Congress has a single digit approval rating! Now lets go the State. Name 3 Illinois governors who served in the past fifty years who have not gone to jail! What to go further? At every level we have political elite who make material representations of fact when they suggest that they have 'human qualities!' If I have not depressed you at this point in time run over the neighborhood Chase Bank. As for something - how about a 'letter of credit!' Watch the fun as your personal banker tries to find out what it is! Yep a letter of credit or a negotiable bill of lading are complicated instrument - your 12 year old knows what they are - but they have 8th grade educations so it is unfair to ask your banker, thus, as him what Chase is paying on Jumbo Certificates of Deposit!

Indeed, now that I think of it - why are you defaming monkeys?

Ken Ditkowsky

www.ditkowskylawoffice.com