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Last Updated: Wednesday, November 03, 2010


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01/31/10 John Wooden's Words of Wisdom 01/31/10
12/01/09 Attention GM Retirees on Medicare! 12/01/09
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
06/01/09 Bob Lutz on The Future 07/17/09
06/01/09 May Newsletter 07/17/09
05/24/09

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.

07/17/09

Over the Hill Car People LLC
www.overthehillcarpeople.com

National Retiree Legislative Network
www.nrln.org

GM Retirees Association
www.gmret.org

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
04/02/09 Warrantee Commitment Program
PDF File
05/24/09
04/02/09 GM Viability Assessment
PDF File
05/24/09
04/02/09 Auto Restructuring Fact Sheet\
PDF File
05/24/09
? Over The Hill Car People, LLC 05/24/09
04/26/09 MORE PENSION NEWS 05/24/09
03/16/09 VOLT Facts 04/26/09
03/16/09 545 PEOPLE
by Charlie Reese
04/26/09
03/15/09

TAX HIM ‘TIL HE HAS NO MORE

04/26/09
03/15/09

Stimulus Watch: Keeping an Eye on Economic Recovery Spending

04/26/09
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
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
? December Newsletter NOW On-Line 04/01/09
? 2009-2014 Restructuring Plan 04/01/09
? '08 Financial Report 04/01/09
?

HOW MANY OF ME?
See how many people in the United States share your name.

04/01/09

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Lansing Salaried Retirees Club
THE 50's ERA AUTOS


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
~Retro~57Chevy.jpg (117493 bytes)
1957 Chevrolet Bel Air Convertible
Retro~1960 Plymouth Fury.jpg (89284 bytes)
1960 Plymouth Fury
Retro~59Chevy.jpg (56839 bytes)
1959 Chevrolet Impala Sport Coupe
~Retro~58Caddy.jpg (51220 bytes)
1958 Cadillac Series 62 Sedan
~Retro~1960LincolnContinentalMarkVFourDoorLandau.jpg (77384 bytes)
1960 Lincoln Continental Mark V Four Door Landau
~Retro~1957 Buick.jpg (98901 bytes)
1957 Buick Roadmaster 2 Door Hardtop
~Retro~1957 Lincoln Premiere four-door Landau..jpg (125585 bytes)
1957 Lincoln Premiere four-door Landau
~Retro~1959 Buick2DoorConvertable.jpg (95282 bytes)
1959 Buick 2 Door Convertible
~Retro~1958 Edsel Citation.jpg (91509 bytes)
1958 Edsel Citation
~Retro~1958 DeSoto.jpg (87855 bytes)
1958 De Soto
~Retro~59Mercury.jpg (89709 bytes)
1959 Mercury Four Door Hardtop
~Retro~1956 Cadillac Series 62 Coupe de Ville..jpg (90453 bytes)
1956 Cadillac Series 62 Coupe de Ville
~Retro~1958 Dodge Custom Sierra.jpg (72317 bytes)
1958 Dodge Custom Sierra
~Retro~1956 Cadillac Series 62 convertible.jpg (61990 bytes)
1956 Cadillac Series 62 Convertible
~Retro~1959 Mercury Colony Park Country Cruiser2.jpg (94758 bytes)
1959 Mercury Colony Park Country Cruiser
Retro 1949 Futuramic Oldsmobile 88.jpg (112894 bytes)
1949 Oldsmobile 88
~Retro~1957 Dodge Royal Lancer.jpg (92843 bytes)
1957 Dodge Royal Lancer
Retro~1949 Kaiser Virginian.jpg (44825 bytes)
1949 Kaiser Virginian
Retro~1958 Cadillac Fleetwood Sixty Special.jpg (87452 bytes)
1958 Cadillac Fleetwood Sixty Special
Retro~1958 Mercury Park Lane Phaeton Sedan.jpg (86667 bytes)
1958 Mercury Park Lane Phaeton Sedan
Retro~60chevy01.jpg (102763 bytes)
1960 Chevrolet Impala Four Door Hardtop
Retro~1957 Mercury Turnpike Cruiser.jpg (74208 bytes)
1957 Mercury Turnpike Cruiser
Retro~1949Pontiac4Door.jpg (59348 bytes)
1949 Pontiac Four Door
Retro~1960 Mercury Colony Park Country Cruiser.jpg (109955 bytes)
1960 Mercury Colony Park Country Cruiser
Retro~1960Corvair.jpg (103412 bytes)
1960 Chevrolet Covair
Retro~1960 Imperial Crown convertible.jpg (97313 bytes)
1960 Imperial Crown Convertible
Retro~1960 DeSoto Fireflite.jpg (97600 bytes)
1960 DeSoto Fireflite
Retro~1959 Ford Thunderbird convertible.jpg (96094 bytes)
1959 Ford Thunderbird Convertible
Retro~1955 Oldsmobile Super 88 two-door sedan.jpg (68074 bytes)
1955 Oldsmobile Super 88 Two-Door Sedan
~Retro 1957 Cadillac Eldorado Biarritz.jpg (54216 bytes)
1957 Cadillac Eldorado Biarritz
~Retro 1960 Chrysler Valiant.jpg (85278 bytes)
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.

  1. 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.

  2. 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.

  3. 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.

  4. 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.

  5. 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.

  6. 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.

  7. 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


 

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.

(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$$.

(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...'

(13) When he's gone,
Do not relax,
Its time to apply
The inheritance tax.

  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
 

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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Lansing Salaried Retirees Club

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 whos doing what by checking out Answer Me Now on Socrates.
What are other governments doing to help the Global Auto Industry?
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

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
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


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Lansing Salaried Retirees Club

AND THEY ASK WHY I LIKE RETIREMENT!

QUESTION

ANSWER

How many days in a week?

6 Saturdays, 1 Sunday

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!



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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!


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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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Lansing Salaried Retirees Club
Posted 02/07/09

READ THE NEWSPAPER

Just put your mouse on a city anywhere in the world and the newspaper  headlines pop up...  Double click and the page gets larger!  Then go to the top 0f the page to web site and you can read the entire paper. 

 http://www.newseum.org/todaysfrontpages/flash/

This site changes everyday with the publication of new editions of the paper.

 


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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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Changes to Club By-Laws

 

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.
     
(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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2009 Business Meeting

 

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      
       

Larry

Lennon      
       

Dick

Schairer      
       

Don

Sokoloski      
       

Ray

Stanley      
         

NOMINATING COMMITTEE

       

Ray

Stanley Chm.
       

Larry

Doyle  
       

Larry

Lennon  
       

Don

Sokoloski  

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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Attention GM Retirees on Medicare!

GMRA

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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Word of Wisdom from John Wooden


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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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