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December 19, 2008

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GREAT NEWS!!!!!!!

MERRY CHRISTMAS DETROIT WORKERS!!!


I AM SO HAPPY MY EFFORTS AND OTHERS MADE THIS HAPPEN!!!!


MERRY CHRISTMAS DETROIT WORKERS!!

"hard stuff, hard choices, hope, blood, tears, toil, sweat" ... blah, blah blah. Hey Lessenberry, for all of your coverage on this, how 'bout the Little Three's balance sheets? Ya ever read them, along with their financial reports and disclosures? Why not? Instead of fuzzy rhetoric and painted smiles on words, how about addressing the $60 billion in NEGATIVE equity of GM? Do you even bother to understand the financial condition of these failed behemoths? What does a "plan" mean when the company is insolvent? Here's a start for you:

http://www.lewrockwell.com/decoster/decoster133.html

Ms. DeCoster, you must be well aware that the bulk of GM's negative equity is from health care obligations. The pension nest egg, as of Oct.31, is still $2 billion overfunded...and in fact has helped produce enough income of late to not only pay pension costs, but add to the companies bottom line as well. So let's put a real face on what you are saying here: We need to throw out health care for workers and retirees. We need to simply discard these people like yesterday's trash. Correct? You belittle Mr. Lessenberry as a "clueless Marxist", yet your claim to fame is being one of the 160 or so toadies on Lew Rockwell's blog. Thanks, but no thanks, for your opinion here. I hope these workers/retirees keep what they have earned, and I don't care how it's done. Too bad you want to see them suffer, and don't even have the cojones to spell out what you really mean.

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