TOUGH TIMES !!!!

DO NOT BURN LA 'S CASH !!!!

today the financial crisis continues and the la community and this bod must move forward very carefully -- the credit market has dried up for even those with the best credit ratings-- la would not get credit anywhere in this market -- if something happens and the community needs a large amount of cash they will need to have it on hand -- that brings me to the issue of the surplus that la has in the bank -- this can not be used for operating shortfalls due to member fee defaults if they occur in the near future-- la must have contingency plans to drastically reduce operating costs now -- not later -- this reduction should be implemented now to drive down the expenses for running la---the cash surplus must be saved for a dire emergency-- an emergency on the scale that would shut down la without this expenditure--

it is better to take actions now before it is necessary then to deplete the financial cushion la has in the bank--- this crisis may be the biggest problem la has faced since it was founded-- and quite frankly the biggest crisis in most people's lives unless you were in the great depression---

the bod should not wait-- they should act now!!!!!