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Last Updated:
Wednesday, November 03, 2010 |
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Date Removed
from Home Page |
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01/31/10 |
John Wooden's
Words of Wisdom |
01/31/10 |
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12/01/09 |
Attention GM Retirees on
Medicare! |
12/01/09 |
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06/03/09 |
The Latest Information About
Pension and Health Care Benefits
www.gm.com/restructuring
NOTE:
This might be a good Web Site to Bookmark for future reference.
Once you get to the main page:
Click on the Retirees listing on the Left side under "More
Information" |
07/17/09 |
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06/01/09 |
Bob Lutz on The Future |
07/17/09 |
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06/01/09 |
May Newsletter |
07/17/09 |
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05/24/09 |
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Click on the following links to
three national retiree organizations to learn of the efforts they
are making for salaried retirees, and find forms to become paid
members, if you so desire. |
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07/17/09 |
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03/26/09 |
Letter
To U.S. Automotive Task Force Asks For Equal Time For Salaried Retirees
Of GM, Delphi, Chrysler, And Ford |
05/24/09 |
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04/02/09 |
Warrantee Commitment Program
PDF File |
05/24/09 |
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04/02/09 |
GM Viability Assessment
PDF File |
05/24/09 |
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04/02/09 |
Auto Restructuring Fact Sheet\
PDF File |
05/24/09 |
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? |
Over The Hill Car People, LLC |
05/24/09 |
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04/26/09 |
MORE
PENSION NEWS |
05/24/09 |
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03/16/09 |
VOLT Facts |
04/26/09 |
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03/16/09 |
545 PEOPLE
by Charlie Reese |
04/26/09 |
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03/15/09 |
TAX HIM ‘TIL HE HAS NO MORE |
04/26/09 |
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03/15/09 |
Stimulus Watch: Keeping an Eye on
Economic Recovery Spending |
04/26/09 |
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03/13/09 |
Voice Your Opinion!!
CNBC is running a pole on whether or not
the government should let GM go bankrupt./ |
04/01/09 |
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03/14/09 |
Governments
Assisting
Automakers
Did
you
realize
that
governments
around the
world
... |
04/01/09 |
|
02/07/09 |
Check Headlines of the US
Cities |
04/01/09 |
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December Newsletter
NOW On-Line |
04/01/09 |
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2009-2014 Restructuring Plan |
04/01/09 |
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'08 Financial Report |
04/01/09 |
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HOW MANY OF ME?
See how many people in the
United States share your
name.
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04/01/09 |
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Lansing Salaried Retirees Club
THE 50's ERA AUTOS |
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Can you Guess the Year, Make, & Model???
Click on the Picture for a Larger Photo
Then if you have guesses, move the mouse of the picture

1957 Chevrolet Bel Air Convertible |

1960
Plymouth Fury |

1959 Chevrolet Impala Sport Coupe |

1958 Cadillac Series 62 Sedan |

1960 Lincoln Continental Mark V Four Door Landau |

1957 Buick Roadmaster 2 Door Hardtop |

1957 Lincoln Premiere four-door Landau |

1959 Buick 2 Door Convertible |

1958 Edsel Citation |

1958 De Soto |

1959 Mercury Four Door Hardtop |

1956 Cadillac Series 62 Coupe de Ville |

1958 Dodge Custom Sierra |

1956 Cadillac Series 62 Convertible |

1959 Mercury Colony Park Country Cruiser |

1949 Oldsmobile 88 |

1957 Dodge Royal Lancer |

1949 Kaiser Virginian |

1958 Cadillac Fleetwood Sixty Special |

1958 Mercury Park Lane Phaeton Sedan |

1960 Chevrolet Impala Four Door Hardtop |

1957 Mercury Turnpike Cruiser |

1949 Pontiac Four Door |

1960 Mercury Colony Park Country Cruiser |

1960 Chevrolet Covair |

1960 Imperial Crown Convertible |

1960 DeSoto Fireflite |

1959 Ford Thunderbird Convertible |

1955 Oldsmobile
Super 88 Two-Door Sedan |

1957 Cadillac Eldorado Biarritz |

1960 Chrysler Valiant |
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GM Executive Retiree club -- April Meeting
April 8, 2009 meeting of the GM Executive Retiree
Club ("The Club") -- Speakers: Denise McDonald, Manager, Pension Plans
and Kathleen Grace, Manager, Pension Plans & Savings. "GM Salaried
Retirement Program Funding Discussion"
First, an excerpt from a message sent to Bob Hill
from Kathleen Grace --
... "It was a pleasure to attend your club luncheon yesterday. Per our
discussion, I am forwarding the chart deck Denise covered. In addition,
I wanted to make you aware that the PBGC website (www.pbgc.gov)
posted a new item on their home page titled "Auto Sector Pension Plans:
Information for Workers and Retirees" which may be of interest to the
members of your club. It doesn't provide more specific information, but
it does include links to PBGC frequently asked questions and to a 20
minute interview with the PBGC Acting Director Vince Snowbarger. The
information is not new but the website has now consolidated the items in
one spot." Attached is a MS PowerPoint file containing the charts that
Denise McDonald presented.
A Summarization of the presentation by Denise
McDonald and Kathleen Grace from the GM Pension Fund Staff, following
are the highlights of the meeting, based on notes taken by Dr. Tom
Walton and Dick Davis. These informal notes are based on their
understanding of the presentation, and supplement the charts.
-
The most important
point that Denise and Kathleen made, in my opinion, is that neither the
salaried nor the hourly pension fund is considered to be in any danger,
and do not require any additional GM contributions in 2009 and perhaps
not until the year 2014. Nobody in government wants GM or Chrysler to
fail. The PBGC has no interest in taking over the GM pension funds,
should GM go into any kind of bankruptcy. The PBGC (which is already in
a $11.2 billion loss position caused by many other bankruptcies) would
only get involved if the GM pension funds are in significant distress,
which would necessitate that PBGC take it over to administer and
supplement payouts of pensions. This is very unlikely since the salaried
pension fund was 95% funded at year-end, and the hourly/salaried
combined fund was 87% funded. In the unlikely event of PBGC involvement,
the two funds must be treated separately.
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The PBGC has a
maximum payout to anyone of $54,000/year, no matter what his or her
pension had been prior to the unlikely takeover. A person's pension
could be less, but not more. The maximum guarantee is fixed as of the
plan's termination date. The 65% surviving spouse accrued benefit can't
be reduced by GM, but it can be by PBGC if they had to take over.
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Creditors cannot
touch or invade the retiree funds in a bankruptcy. The speakers could
not answer questions about a so-called structured bankruptcy, as it has
not been defined as to what that would mean.
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The return on
investment for the funds were 10.7% in 2007, followed by a negative 11%
in 2008...still a pretty good return considering the recession's effect
on the market.
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The $300/month being
paid to salaried retirees (to replace loss of medical insurance
coverage) is untouchable and can't be reduced. This is considered to be
part of a retiree's pension.
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SERP/ERP is under
funded by $1.2 billion, is not a qualified plan, and is highly
vulnerable in the event of a bankruptcy. Everyone is already aware of
the 10% cut, and GM plans to send out a letter to executive retirees
during the week of April 27 concerning this cut. Metropolitan has
indicated that it will send out individual letters about the reductions
in life insurance.
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Typically, it is
several years following a bankruptcy before any cuts in pensions begin
to occur, if ever.
Respectfully submitted,
Les J. Schoonover
Lansing Salaried Retirees Club |
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TAX HIM ‘TIL HE HAS NO MORE |
(1)
Tax his land,
Tax his bed,
Tax the table
At which he's fed. |
(2)
Tax his tractor,
Tax his mule,
Teach him taxes
Are the rule. |
(3)
Tax his work,
Tax his pay,
He works for peanuts anyway! |
(4)
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat. |
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(5)
Tax his ties,
Tax his shirt,
Tax his work,
Tax his dirt. |
(6)
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think. |
(7)
Tax his cigars,
Tax his beers,
If he cries
Tax his tears. |
(8)
Tax his car,
Tax his gas,
Find other ways
To tax his a$$. |
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(9)
Tax all he has
Then let him know
That you won't be done
Till he has no dough. |
(10) When he screams and hollers;
Then tax him some more,
Tax him till
He's good and sore. |
(11) Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid. |
(12) Put these words
Upon his tomb,
'Taxes drove me
to my doom...' |
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(13) When he's gone,
Do not relax,
Its time to apply
The inheritance tax. |
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Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge T ax
Social Security Tax
Road Usage Tax
Sales Tax
Recreational Vehicle Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Non-recurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax |
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IT WOULD BE FUNNY
IF IT WASN'T SO SAD.
Not one of these taxes existed 100 years
ago, and our nation was the most prosperous in the world. We had
absolutely no national debt, had the largest middle class in the world, and
Mom stayed home to raise the kids. What in the world happened? Can you spell
'politicians? ' And I still have to 'press 1' for English !?!
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BACK
Lansing Salaried Retirees Club |
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Governments
Assisting
Automakers |
|
Did
you
realize
that
governments
around the
world
are
stepping
up
to
help auto
companies
make
it through
the current
economic
crisis? More
than a
dozen
countries
have
taken
action
aimed
at
improving
auto
sales,
easing credit
limitations
and encouraging
purchases
of more
environmentally
friendly
vehicles.
You
can get
a rundown
on who’s
doing what
by checking
out Answer
Me Now
on Socrates. |
|
What
are
other
governments
doing
to
help
the
Global
Auto
Industry? |
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Canada: |
| ● |
CA$4.0
billion
in
fully
repayable
loans
offered
to
GM
&
Chrysler
and
Scrappage
incentive
of
CA$300
per
vehicle |
| ● |
Some
portion
of
a
CA$12B
secured
credit
facility
will
be
available
to
auto
retail
and wholesale
financing |
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Mexico: |
| ● |
$648
million in
aid
to
automakers’
financial arms,
banks,
and car
distributors
to
ease credit |
|
France: |
| ● |
€6.5
billion
in
soft
loans
with
aid
linked
to
commitment
to
develop
“green”
vehicles
and not
relocate
production
jobs abroad (€3
billion
to
Renault
& PSA,
€500 million
to
Renault
Truck) |
| ● |
€2
billion
loan
facility
for
auto
financing
companies
and
€ 400
million
for
R&D
over
4-years |
| ● |
€600
million
to
modernize
the
automotive
supply
chain,
scrappage
incentive
of €1,000
for
10-year vehicles |
| ● |
Government
support
to
cover temporary
layoff
costs |
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Germany: |
| ● |
Scrappage
incentive
up
to
€2,500 per
vehicle
for
a
9-year
or older
car traded
in
for
new
or used
vehicle
meeting Euro-4
or
better
standard
(€1.5
billion
or
600,000
vehicle
total) |
| ● |
Exemption
from
the
annual
circulation
tax
until
June
2009 |
| ● |
€500
million
support
for
research
related
to
alternative
powertrains
through
2010 |
| ● |
€1
billion
loan
guarantees
(not
restricted
to
automotive
sector) |
|
Italy: |
| ● |
Scrappage
incentives
ranging
from
€1,500 -
€4,000
for
vehicles
over 10-years of
age
traded-in
for
Euro-4,
CNG,
electric,
or
hydrogen
vehicle |
|
Russia: |
| ● |
Tariffs
on
imported
used
cars
raised
to
protect
domestic auto
producers |
| ● |
$350
million in government
purchases
of new,
locally made
cars,
subsidized
loans (up
to
$55.5 million)
for
consumer
purchases
of
foreign
or domestic
vehicles
costing
less than
$10,000 |
|
Sweden: |
| ● |
$3.4
billion
in
state-backed
loans
&
credit
guarantees
from
the
European
Investment
Bank |
| ● |
Government
contribution
of
$350
million
for
R&D
in
clean
technology
United
Kingdom: |
| ● |
$3.2
billion
in
loan
guarantees
to
automakers
and
suppliers
to
develop
“green
technologies” |
| ● |
Temporary
2.5
pt.
reduction
in
VAT |
|
China: |
| ● |
One-year
reduction
in
excise
taxes
on
small
vehicles
from
10%
to
5% |
| ● |
$750
million scrappage
program
targeting
3-wheeled and
old trucks |
| ● |
$1.5
billion
to
automakers
to
upgrade
technology
and develop
alternative energy
vehicles |
| ● |
$1.4
billion
loan
from
China
EXIM
Bank
to
Chery
Automobile
Company |
|
Japan: |
| ● |
Japan
Bank
for
International
Cooperation
will lend
$5 billion
to
Japanese manufacturers
to
support
their auto
financing operations
in markets
outside
of
Japan |
| ● |
Government
providing
wage
support
for
companies
to
keep
idle employees
on
company
payrolls |
| ● |
Tonnage
tax
reductions
for
some auto
segments |
|
Brazil: |
| ● |
$1.8
billion
credit
injection
to
promote
auto
retail
financing |
| ● |
Government
of
Sao
Paulo
providing
additional
$1.8
billion
in
retail
financing
support |
| ● |
Excise
tax
reduction
for new
vehicles
extended
through
June |

BACK
Lansing Salaried Retirees Club |
|
AND THEY ASK WHY I LIKE RETIREMENT!
|
|
QUESTION |
ANSWER |
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How many days in a
week? |
6 Saturdays, 1
Sunday |
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When is a retiree's
bedtime? |
Three hours after
he falls asleep on the couch |
|
How many retirees
to change a light bulb? |
Only one, but it
might take all day. |
|
What's the biggest
gripe of retirees? |
There is not enough
time to get everything done. |
|
Why don't retirees
mind being called Seniors? |
The term comes with
a 10% percent discount. |
|
Among retirees what
is considered formal attire? |
Tied shoes. (my
personal favorite) |
|
Why do retirees
count pennies? |
They are the only
ones who have the time. |
|
What is the !
common term for someone who enjoys work and refuses to retire? |
NUTS! |
|
Why are retirees so
slow to clean out the basement, attic or garage? |
They know that as
soon as they do, one of their adult kids will want to store
stuff there. |
|
What do retirees
call a long lunch? |
Normal . |
|
What is the best
way to describe retirement? |
The never ending
Coffee Break. |
|
What's the biggest
advantage of going back to school as a retiree? |
If you cut classes,
no one calls your parents. |
|
Why does a retiree
often say he doesn't miss work, but misses the people he used to
work with? |
He is too polite to
tell the whole truth. |
|
What do you do all
week? |
Mon to Fri.
Nothing, Sat & Sun I rest! |

BACK
Lansing Salaried Retirees Club |
|
TOP 10 INDICATORS THAT YOUR EMPLOYER HAS CHANGED TO A
CHEAPER
HEALTH CARE PLAN |
|
10 |
Your annual
breast exam is done at Hooters. |
|
9 |
Directions
to your doctor's office include 'Take a left when you
enter the trailer park'. |
|
8 |
The tongue
depressors taste faintly of Fudgesicles. |
|
7 |
The only
proctologist in the plan is 'Gus' from Roto-Rooter. |
|
6 |
The only
item listed under Preventative Care Coverage is 'an
apple a day'. |
|
5 |
Your
primary care physician is wearing the pants you gave the
Goodwill last month. |
|
4 |
'The
patient is responsible for 200% of out-of-network
charges,' is NOT a typographical error. |
|
3 |
The only
expense covered 100% is 'embalming'. |
|
2 |
Your Prozac
comes in different colors with little M's on them. |
| |
AND the
number one sign you've joined a very cheap health care
plan: |
|
1 |
You ask for
Viagra, and they give you a Popsicle stick and duct
tape! |

BACK
Lansing Salaried Retirees Club |
|
THIS IS YOUR MICHIGAN |
|
Detroit is known as the car capital of the world. |
Alpena is the home of the world's largest cement
plant. |
Rogers City boasts the world's largest limestone
quarry. |
|
Elsie is the home of the world's largest registered
Holstein dairy herd. |
Michigan is first in the United States production of
peat and magnesium compounds and second in gypsum
and iron ore. |
Colon is home to the world's largest manufacture of
magic supplies. |
|
The state Capitol with its majestic dome was built
in Lansing in 1879. |
Although Michigan is often called the (Wolverine
State) There are no longer any wolverines in
Michigan. (However, one was spotted in 2007,
so there are some.) |
Michigan ranks first in state boat registrations. |
|
The Packard Motor Car Company in Detroit
manufactured the first Air-conditioned car in 1939. |
The oldest county (based on date of incorporation)
is Wayne in 1815. |
Sault Ste. Marie was founded by Father Jacques
Marquette in 1668. It is the third oldest remaining
settlement in the United States. |
|
In
1817 the University of Michigan was the first
university established by any of the states. It was
founded by priests. Originally named
Cathelepistemian and located in Detroit, the name
was changed in 1821. The university moved to
Ann Arbor in 1841. |
The city of Novi
was named from its designation as Stagecoach Stop #6
or
No.VI. |
Michigan State University has the largest single
campus student body of any Michigan university. It
is the largest institution of higher learning in the
state and one of the largest universities in the
country. Michigan State University was founded in
1855 as the nation's first land-grant university and
served as the prototype for 69 land-grant
institutions later established under the Morrill Act
of 1862. It was the first institution of higher
learning in the nation to teach scientific
agriculture. |
|
The largest village in Michigan is Caro. |
Michigan's state stone, the Petoskey is the official
state stone. It is found along the shores of
Lake Michigan |
The Mackinac Bridge is one of the longest suspension
bridges in the world. Connecting the upper and lower
peninsulas of Michigan. It spans 5 miles over the
Straits of Mackinac, which is where Lake Michigan
and Lake Huron meet. The Mighty Mac took 3 years to
complete and was opened to traffic in 1957. |
|
Gerald R. Ford grew up in Grand Rapids and became
the 38th president of the United States. He attended
the University of Michigan where he was a football
star. He served on a World War II aircraft carrier
and afterward represented Michigan in Congress for
24 years. He was also an Eagle Scout, the highest
rank in Boy Scouts. |
The Kellogg Company has made Battle Creek the Cereal
Capital of the World. The Kellogg brothers
accidentally discovered the process for producing
flaked Cereal products and sparked the beginning of
the dry cereal industry. |
The painted turtle is Michigan's state reptile. |
|
The western shore of Michigan has many sand dunes.
The Sleeping Bear Dunes rise 460 feet above Lake
Michigan. Living among the dunes is the dwarf lake
iris the official state wildflower. |
Vernor's ginger ale was created in Detroit and
became the first soda pop made in the United States.
In 1862, pharmacist James Vernor was trying to
create a new beverage when he was called away to
serve our country in the Civil War. When he
returned, 4 years later, the drink he had stored in
an oak case had acquired a delicious gingery flavor.
The Vernor estate was located just Northeast of
Lapeer MI on Vernor Rd (which was named after
the Vernor family), and just east of Ken and Delores
Zavislaks' place and is now a Michigan Dept of
Natural Resources headquarters for the Lapeer State
game area. |
The Detroit Zoo was the first zoo in America to
feature cage less, open-exhibits that allowed the
animals more freedom to roam. |
|
Michigan is the only place in the world with a
floating post office. The J. W. Westcott II is the
only boat in the world that delivers mail to ships
while they are still underway. They have been
operating for 125 years. |
Indian River is the home of the largest crucifix in
the world. It is called the Cross in the Woods. |
Michigan has the longest freshwater shoreline in the
world. |
|
Michigan has more shoreline than any other state
except Alaska. |
The Ambassador Bridge was named by Joseph Bower, the
person credited with making the bridge a reality,
who thought the name ( Detroit-Windsor International
Bridge ) as too long and lacked emotional appeal.
Bower wanted to symbolize the visible expression of
friendship of two peoples with like ideas and
ideals. |
Michigan has more than 11,000 inland lakes and more
than 36,000 miles of streams. |
|
Michigan has 116 lighthouses and navigational
lights. Seul Choix Point Lighthouse in Gulliver has
been guiding ships since 1895. The working light
also functions as a museum, which houses early
1900's furnishings and maritime artifacts. |
Forty of the state's 83 counties adjoin at least one
of the Great Lakes . |
Michigan is the only state that touches four of the
five Great Lakes . |
|
Standing anywhere in the state a person is within 85
miles of one of the Great Lakes. |
Michigan includes 56,954 square miles of land area;
1,194 square miles of inland waters; and 38,575
square miles of Great Lakes water area. |
Sault Ste. Marie was established in 1668 making it
the oldest town between the Alleghenies and the
Rockies. |
|
Michigan was the first state to provide in its
Constitution for the establishment of public
libraries. |
Michigan was the first state to guarantee every
child the right to
tax-paid high school education.
|
Four flags have flown over Michigan - French,
English, Spanish and United States. |
|
Isle Royal Park shelters one of the largest moose
herds remaining in the United States. |
Some of the longest bulk freight carriers in the
world operate on the Great Lakes. Ore carriers
1,000 feet long sail Michigan 's inland seas. |
The Upper Michigan Copper Country is the largest
commercial deposit of native copper in the world. |
|
The 19 chandeliers in the Capitol in Lansing are one
of a kind and designed especially for the building
by Tiffany's of New York. Weighing between 800-900
pounds apiece they are composed of copper, iron and
pewter. |
The first auto traffic tunnel built between two
nations was the mile-long Detroit-Windsor tunnel
under the Detroit River. |
The world's first international submarine railway
tunnel was opened between Port Huron , Michigan, and
Sarnia , Ontario, Canada in 1891. |
|
The nation's first regularly scheduled air passage
service began operation between Grand Rapids and
Detroit in 1926. |
In 1879 Detroit telephone customers were first in
the nation to be assigned phone numbers to
facilitate handling calls. |
In
1929, the Michigan State Police established the
first state police radio system in the world. |
|
Grand Rapids is home to the 24-foot Leonardo da
Vinci horse, called Il Gavallo. It is the largest
equestrian bronze sculpture in the
Western Hemisphere. |
The State Motto (written in Latin) translates to:
"If you seek a pleasant peninsula, look about you". |
Was that interesting or what ? |
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BACK
Lansing Salaried Retirees Club
Posted 02/07/09
|
READ THE NEWSPAPER
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and the page gets larger! Then go to the top
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Lansing Salaried Retirees Club
Posted 03/16/09


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Lansing Salaried Retirees Club
VOICE YOUR OPINION!!
Posted 03/13/09
CNBC is running a pole on whether or not
the government should let GM go bankrupt. Please visit
http://www.cnbc.com/id/29528557
and voice your opinion.
According to the
corporation, contrary to the Wall Street Journal article, GM has not
changed its position on bankruptcy. Restructuring the business out of
court remains the best solution for GM and its constituents. The
company has established a clearly-defined plan to restructure its
business and restore GM to long-term viability, and GM is aggressively
executing that plan through a series of actions outlines in its February
17 viability plan. The company has analyzed various bankruptcy
scenarios. However, the company firmly believes an in-court
restructuring would carry with it tremendous costs and risks, the most
significant being a dramatic deterioration of revenue due to lost sales.
For more answers to
questions you may have to visit the Answer Me Now site on Socrates. In
the meantime, tell your friends and family the truth about GM; and go
vote and voice your opinion about our company and change public
perception!

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Lansing Salaried Retirees Club
545 PEOPLE
by Charlie Reese
Posted 03/16/09

EVERY CITIZEN NEEDS TO READ THIS AND THINK ABOUT WHAT THIS
JOURNALIST HAS SCRIPTED IN THIS MESSAGE. READ IT AND THEN REALLY THINK ABOUT OUR
CURRENT POLITICAL DEBACLE…
Charley Reese has been a journalist for 49 years.
545 PEOPLE
By Charlie Reese
Politicians are the only people in the world who create
problems and then campaign against them.
Have you ever wondered, if both the Democrats and the Republicans are against
deficits, WHY do we have deficits?
Have you ever wondered, if all the politicians are against inflation and high
taxes, WHY do we have inflation and high taxes?
You and I don't propose a federal budget The president does.
You and I don't have the Constitutional authority to vote on appropriations. The
House of representatives does.
You and I don't write the tax code, Congress does.
You and I don't set fiscal policy, Congress does.
You and I don't control monetary policy, the Federal Reserve Bank does.
One hundred senators, 435 congressmen, one president, and nine Supreme Court
justices 545 human beings out of the 300 million are directly, legally, morally,
and individually responsible for the domestic problems that plague this country.
I excluded the members of the Federal Reserve Board because that problem was
created by the Congress. In 1913, Congress delegated its Constitutional duty to
provide a sound currency to a federally chartered, but private, central bank.
I excluded all the special interests and lobbyists for a sound reason. They have
no legal authority. They have no ability to coerce a senator, a congressman, or
a president to do one cotton-picking thing. I don't care if they offer a
politician $1 million dollars in cash.
The politician has the power to accept or reject it. No matter what the lobbyist
promises, it is the legislator's responsibility to determine how he votes.
Those 545 human beings spend much of their energy convincing you that what they
did is not their fault. They cooperate in this common con regardless of party.
What separates a politician from a normal human being is an excessive amount of
gall. No normal human being would have the gall of a Speaker, who stood up and
criticized the President for creating deficits. The president can only propose a
budget. He cannot force the Congress to accept it.
The Constitution, which is the supreme law of the land, gives sole
responsibility to the House of Representatives for originating and approving
appropriations and taxes. Who is the speaker of the House? Nancy Pelosi. She is
the leader of the majority party.
She and fellow House members, not the president, can approve any budget they
want. If the president vetoes it, they can pass it over his veto if they agree
to.
It seems inconceivable to me that a nation of 300 million can not replace 545
people who stand convicted -- by present facts -- of incompetence and
irresponsibility. I can't think of a single domestic problem that is not
traceable directly to those 545 people. When you fully grasp the plain truth
that 545 people exercise the power of the federal government, then it must
follow that what exists is what they want to exist.
If the tax code is unfair, it's because they want it unfair.
If the budget is in the red, it's because they want it in the red ..
If the Army & Marines are in IRAQ , it's because they want them in IRAQ
If they do not receive social security but are on an elite retirement plan not
available to the people, it's because they want it that way.
There are no insoluble government problems.
Do not let these 545 people shift the blame to bureaucrats, whom they hire and
whose jobs they can abolish; to lobbyists, whose gifts and advice they can
reject; to regulators, to whom they give the power to regulate and from whom
they can take this power. Above all, do not let them con you into the belief
that there exists disembodied mystical forces like "the economy," "inflation,"
or "politics" that prevent them from doing what they take an oath to do.
Those 545 people, and they alone, are responsible.
They, and they alone, have the power.
They, and they alone, should be held accountable by the people who are their
bosses.
Provided the voters have the gumption to manage their own employees. We should
vote all of them out of office and clean up their mess!
Charlie Reese is a former columnist of the Orlando Sentinel Newspaper.
.
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| |
|
Highlighted UNDERLINED
areas have been DELETED |
| |
|
All other highlighted
Italicized areas are CHANGES or ADDITIONS |
| |
| Duties of
Secretary: |
| (a) |
Take, print, and
distribute minutes of all Board and general membership meetings. |
| (b) |
Maintain a file of
all necessary records and deliver file to succeeding Secretary. |
| (c) |
Maintain a file of
Club policy statements/historical records and distribute as directed by
the President. |
| |
|
|
Duties of Treasurer |
| (a) |
Receive
all monies and deposit in a
financial institution, approved by the Board. |
| (b) |
Write Club checks
with approval of the Board. |
| (c) |
Maintain and provide
financial reports to the Board and general membership as requested. |
| (d) |
File all required
government forms. |
| (e) |
Deliver all
financial records/forms to succeeding Treasurer and Audit Committee. |
| (f) |
Chair the Finance
Committee. |
| |
|
| |
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
| (b) |
Finance Committee: |
| |
(1) |
Chairperson to be appointed by the President, and be responsible to the
Treasurer
Board. |
| |
(2) |
Responsible for
planning annual budget. |
| |
(3) |
Establish annual
dues. |
| |
(4) |
Assist Treasurer as
directed. |
| |
(5) |
Provide Membership
Committee name of dues paid members. |
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|
|
| (c) |
Membership
Committee: |
| |
(1) |
Chairperson to be appointed by the President, and be
responsible to the
Board. |
| |
(2) |
Prepare and maintain
a membership roster. |
| |
(3) |
Print and mail
meeting notices, newsletters, and membership roster. |
| |
(4) |
Establish and
maintain a telephone committee, with assigned parts of the membership
roster, so that Club members may be contacted by phone, as required, by
the President or the Board. |
| |
(4) |
Maintain current
members and recruit new members for the Club. |
| |
(5) |
Pick up all Club
mail and distribute, also, deposit any received monies in a financial
institution, approved by the Board. |
| |
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ |
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|
Election of
Officers
Members are hereby notified that there
will be an election of President, Vice-President,
Treasurer, Secretary, a Board of Directors,
an Audit Committee, and a Nominating Committee. The Nominating Committee has
placed in nomination the following slate of candidates:
|
OFFICERS |
BOARD OF
DIRECTORS |
AUDIT COMMITTEE |
|
Pres: |
Larry |
Doyle |
|
Bob |
Benezette |
|
Dale |
Bates |
|
VP: |
Marv |
Thomson |
|
John
|
Fox |
|
John |
Cook |
|
Treas: |
John |
Bond |
|
Fred |
Kane |
|
Dub |
Deavers |
|
Sec: |
Shirley |
Sanborn |
|
Larry |
Koster |
|
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| |
|
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|
Larry |
Lennon |
|
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|
|
|
Dick |
Schairer |
|
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|
| |
|
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|
Don |
Sokoloski |
|
|
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|
Ray |
Stanley |
|
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NOMINATING COMMITTEE |
|
| |
|
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|
Ray |
Stanley |
Chm. |
| |
|
|
|
Larry |
Doyle |
|
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|
|
|
Larry |
Lennon |
|
| |
|
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|
Don |
Sokoloski |
|
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No
other person will be eligible for election unless
his/her name, endorsed by at least ten (10) members, is filed with the
secretary at least thirty (30) days prior to the Annual
Meeting held in September. |
|
|
Ex-officio Past
President John F. Powers will continue to serve on the Board. |
|

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|

HOME |
LSRC |

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|
Attention
GM Retirees on Medicare! |

GMRA
understands the crucial choices that are facing those who are enrolled in
Medicare Advantage programs that are being eliminated or becoming drastically
more expensive. In order to help
you get the best guidance possible, GMRA
has arranged a series of informational sessions to help you determine
coverage options that will best fit your personal situation. The sessions are
open to all GM retirees, including those who are not GMRA
members. Please forward this message to your network of GM retirees who may not
be part of GMRA.
The sessions will be hosted by Senior Benefits Group, a
retirement benefits consulting firm that specializes in Medicare strategies and
benefit continuation, and have expertise on insurance options from a variety of
different insurance providers. Senior Benefit Group specialists will be
available at each session to give participants an unbiased analysis and
one-on-one guidance based on their personal circumstances, including the
following:
Retirees who are interested in
restoring their original Medicare benefits and need more information on
traditional supplement policies that are available with no health questions.
Plan options for those who are
interested in switching to a more affordable Advantage program.
Important: Anyone who does not make
changes to their Medicare plan during the trial period, ending December 31,
could be locked in to their existing plan indefinitely!
Session Information:
TROY
Monday, Nov. 30th thru Friday, Dec. 4th
Somerset Inn Conference Center
2601 W. Big Beaver Rd.
Troy, MI
_______________________________
GRAND BLANC
Monday, Dec. 7th thru Friday, Dec. 11th
Genesys Athletic Club
and Conference Center
805 Health Park Blvd.
Grand Blanc , MI
_____________________________________
OKEMOS
Monday, Dec. 14th thru Friday Dec. 18th
Okemos Conference Center
( Holiday Inn Express)
2187 University Park Drive
Okemos , MI There will be 5 -
2-hour sessions each day - Note:
An additional session will be offered in Gaylord if there is sufficient
response. Due to space
limitations, please RSVP your attendance:
Call Cindi @ 734-449-4981 or 800-724-2660 ext. 372, or by email: cindi@benefits4seniors.com
with contact info and desired day, time and location.
While GMRA
does not recommend any insurance provider or product, we wanted to make you
aware of this opportunity to gather additional information about options that
may be of interest to you for the upcoming year.

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| "The Main
Ingredient of Stardom is the Rest of the Team" |
| |
UCLA Coach John Wooden |
 |
Success is
never final, failure is never fatal. It's courage that counts.
Success is
peace of mind which is a direct result of self-satisfaction in knowing you
did your best to become the best you are capable of becoming. |
-
He gained lasting fame
with UCLA by winning 664 games in 27 seasons and 10 NCAA titles during his
last 12 seasons.
-
Wooden's UCLA teams won
seven consecutive NCAA championships from 1967 to 1973.
-
His UCLA teams had a
record winning streak of 88 games and four 30-0 seasons.
-
His Bruins also won 38
straight NCAA tournament games and a record 98 straight home
games at Pauley Pavilion.
|
The worst thing about new books is that they keep us from reading the old
ones.
There are
many things that are essential to arriving at true peace of mind, and one of
the most important is faith, which cannot be acquired without prayer.
Things
turn out best for the people who make the best of the way things turn out.
What you
are as a person is far more important that what you are as a basketball
player
Winning
takes talent, to repeat takes character. |
| More John Wooden quotes: |
You can't let praise or criticism get to you. It's a weakness to get
caught up in either one.
|
|
A coach is
someone who can give correction without causing resentment.
Learn as
if you were to live forever; live as if you were to die tomorrow.
Young
people need models, not critics.
Talent is
God given; be humble. Fame is man given; be thankful. Conceit is
self given; be careful.
Be more
concerned with your character than your reputation, because character is
what you really are, while your reputation is merely what others think you
are.
Don't give
up on your dreams, or your dreams will give up on you.
Be
prepared and be honest.
Consider
the rights of others before your own feelings, and the feelings of others
before your own rights.
Do not let
what you cannot do interfere with what you can do.
Never
mistake activity for achievement.
Success
comes from knowing that you did your best to become the best that you are
capable of becoming. |
You can't live a perfect day without doing something
for someone who will never be able to repay you.
Don't
measure yourself by what you have accomplished, but by what you should have
accomplished with your ability.
Failure is
not fatal, but failure to change might be.
I'd rather
have a lot of talent and a little experience than a lot of experience and a
little talent.
If you
don't have time to do it right, when will you have time to do it over?
If you're
not making mistakes, then you're not doing anything. I'm positive that
a doer makes mistakes.
It isn't
what you do, but how you do it.
It's not
so important who starts the game but who finishes it.
It's the
little details that are vital. Little things make big things happen.
It's what
you learn after you know it all that counts. |
| |
|

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