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Dec. 12, 2008 - Rush Limbaugh Program
35:11
December 12, 2008, Friday, Hour #1
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Welcome to today's edition of the Rush 24-7 podcast.
Say, folks.
Look at me here.
Look at me.
The auto bailout is going to happen at some point.
It's either going to happen with the Bush administration tapping the TARP money, or it's going to happen when the Obama crowds inaugurate.
It's going to happen.
It's Friday.
Let's go.
Live from the Southern Command in sunny South Florida.
It's open line Friday.
Don't misunderstand me.
What happened last night in the Senate is fabulous.
That's great.
The Republicans stood up.
You know, here, David Vitter and Bob Corker, Mitch McConnell, Adam Boy.
But it's going to happen.
Great to have you with us as we inaugurate open line Friday, ladies and gentlemen.
And you know the rules.
Hang on, something just arrived.
Oops.
Let's see here.
Interesting.
Okay, here we go.
Open line Friday when you, ladies and gentlemen, call, and when we go to the phones, you can talk about whatever you want to talk about.
You own the content at that time.
That's not the way it works, Monday through Thursday.
Here's the telephone number, 800-282-2882.
Email address L Rushbow at EIB net.com.
No, I'm not, I'm not trying to throw a damper on anything.
I'm just telling you that elections have consequences, and at some point the Democrats are going to run the Senate and the Democrats are going to run the House of Representatives even more than they do now, and the Democrats are going to be in the White House.
And at some point, the auto bailout is going to happen.
Because it's not an auto bailout.
It's a union bailout, and the union bailout is going to happen.
What the headline today ought to be, United Auto Workers screws bailout.
United Auto Worker screws bailout program.
Instead, the headline here, Senate rejects auto bailout, and the political story of this has this fascinating little paragraph.
Critics argued that Bob Corker, the senator from Tennessee, Tennessee, overreached.
Intruding too much on management and the union's relationship.
Now stop and think about that for just a second.
Senator Corker overreached on the auto bill intruding on the management and labor relationship.
How in the world can the Senate, any senator, overreach when we're talking about nationalizing the guard the whole business.
This what what the Corker is a hero today.
Corker got in the room with uh with Gettelfinger, the UAW guy.
And by the way, let's be clear about something, because the I think that there are a uh some misconceptions.
There some people are mistakenly saying that the UAW has made no concessions.
They have made some in the area of wages where they're holding firm, where they have made no concessions is in the uh in the the desire that people have to pare down health care and retirement benefits of people that don't work there anymore.
That's what's killed this.
That's what's done the greatest harm to the industry is that they're my God, how 700,000 people that are being paid by these companies that no longer produce anything that no longer work there.
Some people have gotten more in retirement.
Some we've had an auto worker call and tell us that he's made more in retirement than he made while he worked there.
And I don't know that he's uh don't I don't doubt that he's not the uh the only one.
The idea that a single senator can overreach and intrude on the management labor relationship uh while the Senate is in the process and the government of trying to take over the auto business.
Now, a lot of people said uh uh rush look at the the the why why why are the auto companies coming to the government for the money?
Why why don't they go to the banks?
We we bailed out some banks, you know, the 700 billion dollars in the TARP fund.
Why don't they just go there?
Well I uh I don't know of an up and up bank who would look at the debt structure and the everything else at some of these companies that would lend them any money.
Uh So I I don't I and a lot of people.
I'm hearing from a lot of people who are shocked and dismayed because where we stand today is that Gettelfinger is demanding that the uh Treasury Department, and don't forget now I got into an argument someone last night with someone discussing this because I knew I knew about 1030 or 11 o'clock that the thing was going to go down, that they didn't have the votes in the Senate and that and the deal was dead.
And I was talking to some people about it, you know, instant messaging.
I said, Don't worry, Bush are going to bail them out.
They'll take 15 billion dollars from TARP.
And people wrote back, he can't.
TARP is for the banks, TARP is for lending us.
Come on.
Do you not remember the preamble and sections one of two or one and two of this whole thing?
We've read these things numerous times to you.
The Treasury Secretary is a dictator here.
The Treasury Secretary has total authority to do whatever he wants with that money to uh guarantee the economic security of the American people.
And the Treasury Secretary works for the president.
So I guarantee you, if the president wants money to come from TARP to go to the auto companies, it's going to happen.
And a lot of you are saying, well, why would Bush do that?
I mean, here he is he's going against his own party.
Why the Republicans are finally standing up and showing some courage.
Why would Bush do?
Well, I'm not privy to the real answer.
I can only guess, folks, but it's called legacy.
And I just don't think that President Bush wants to leave office with the fact that one, two, or maybe three American automakers went belly up on his watch.
Simple, and they've got this pool of money over there.
And right now, um people are asking, but the American people uh through their elected representatives have said no to this.
Yes.
A lot of Republicans, though, have said yes to it.
There were a lot of Republicans in the House that voted for this, and 32 Republicans in the Senate that voted for this.
Uh they're just they couldn't they couldn't cut off debate and get cloture.
They couldn't get 60 votes last night.
You know, this there are now there are arguments that are that are springing up here that this is a North versus South thing.
That the Southern Senators, they're not eager to bail out the North because their auto business is just hunky-dory.
It's fine and dandy.
You make a mistake if you think of this as about autos.
It is not about autos.
It is about jobs.
It's about union jobs.
It is about paying back the unions for electing Obama for donating 400 million dollars to his campaign in uh in in aggregate.
And the president right now is, you know, elected representatives of the people are one thing.
Uh and the and the public polling on this is uh is another thing.
But remember now, uh the the vast majority of uh the time politicians of both parties, primarily Democrats, but some Republicans as well, think that we don't know what we're talking about anyway.
We're not uh privy, we're not close enough to what they do, we don't have all their information.
Plus, we're roobs, we're not really sophisticated enough to understand what they have to do, and so they can't listen to us.
That's why we elect them uh to make decisions for us uh on which we are not as informed and smart and as understanding as uh as they are.
Uh we were waiting last night.
Dingy Harry even promised, he said, Well, this has gone down the hill, it ain't gonna happen.
You wait.
Wait till you see what happens to the stock market tomorrow.
Well, it's down 70, it didn't crash.
The futures market said it was down 300.
It may uh it may be uh not uh didn't go down as far as people thought because there is this talk now that uh and Dana Perino for the White House has come out, oh yeah, we're looking very seriously here at taking money from TARP to uh uh kind of sustain uh the auto business, just kick it down the road so that it becomes Obama's problem.
But the Bush does not want them going under in the time that he still is in office.
The uh headline that I again I wish I would see today, I'm just wishing, I know it'll never happen.
United Auto Workers to America's auto industry drop dead.
Heroic GOP Plan to save Detroit rejected by union bosses.
That's the headline that we should see and we will not see.
Audio sound by time, Ron Gettelfinger this morning in Detroit demanding, pointing out the UAW's made concessions, saying the Republicans are targeting American workers.
We could not accept the effort by the Senate GOP caucus to single out workers and retirees for different treatment and to make them shoulder the entire burden of any restructuring.
Now that the Senate GOP caucus has repudiated the positions taken by President Bush and by Senator Carker and scuttled the legislation.
The only options are for Treasury Secretary Paulson to exercise his authority to use the TARP funds to provide assistance or for the Federal Reserve to take action.
And then Gettlefinger said this.
The UAW calls on Secretary Treasurer Paulson or the Federal Reserve to use their authority to prevent the imminent collapse of the automakers and the devastating consequences that would follow for millions of workers,
retirees for families across our nation and for economy as a whole remember now they have made some wage concessions and they're not large but they have made some but they are not conceding anything here on the real costs Wages are still out of balance with those in the in the non-unionized auto sector, but these these retirement legacy pension, all these all these costs, they're just white, they're just killing people.
And that's where they will not budge.
You know, you can say that many unions are really after as much money for their members who don't work as possible.
That's always been one of the objectives of unions is to reduce the amount of the work day, the amount of the workload while increasing wages, and it's gotten to the point in some unions that you get paid for not working.
And uh you get paid your health care pension, retirement, you get paid for not working.
And and this is this is where they will not budge.
Gettelfinger got a question from a reporter, in your view, to what extent was this political payback for Democrat support historically, or UAW supportive Democrat candidates, where the Republicans just getting even with you?
Were they getting even?
I don't know.
I think uh there's two factors that come into play here.
Uh one is, and I think even more than the fact that, or maybe they're coupled together, but uh one of them is we are an effective uh political organization, but more importantly, we're a union.
And you know, the right wing in this country have basically painted the word union to be a very negative word.
Well, now we get to the bottom of it all.
It's the right wing that is the problem.
By the way, uh speaking of that.
Ladies and gentlemen, we have many important things to discuss on this program.
This situation in Chicago, by the way, with Blagoevich.
I th there's something something here that that's not right.
Yesterday, Barack Obama went out there and said nobody on his staff had talked to Blanco about about this thing.
One thing that's weird about this, it's totally normal that that Obama would talk to somebody about it.
It's his seat.
I mean, why why not there's something very strange about saying nobody ever talked to Blogoyovich when we now know that Ram Emanuel did, he may even be on the wiretaps.
Rahm Emanuel spoke six times to Blagoevich about about Obama's successor.
This is in the Chicago Tribune today.
No, Fox uh Fox Eyeball News in Chicago has the story.
The Tribune has a story that there was a million-dollar fundraiser last Saturday for Blogo that was aimed at helping Jesse Jackson Jr.
Now, this this is uh the news is tightening on somebody here, and now they're all these uh Democrats are standing up telling Blogevich he's got to get serious here and quit, and I'm sure he will just wait for the price to be right.
He's gonna get his money out of this one way or the other.
And we he was praying with his preacher this morning at his uh at his house, which is also in the Democrat playbook.
Uh if you're president, the black preacher comes to the White House, but uh if you're governor, the preacher comes to your house, and so forth.
You've got uh it's it's it's it's it's it's amazing to see how this is uh uh playing out.
And it's uh it's adding fuel to the fire to the question.
Why did Patrick Fitzgerald step in and stop this now?
Some people are now beginning to speculate.
Well, they had to limit the damage to Obama because there is going to be some here if this if this emmanuel stuff is true and Emmanuel's not talking.
He's not answer he's not uh he's not answering.
Well, they did let him out yesterday.
He was uh he downtown City Hall in Chicago.
His kids' school did a concert there, and he went to listen to them, and he blew the reporters off.
He said, I can't do two things in once, I'm not as qualified as you.
Uh I can only be a parent today.
I I can't answer your questions and be a parent.
Uh, when he was asked if he could do both.
No, I'm not as capable as uh as you are.
As such, folks, there's there's so much uh going on here that I don't have time to deal with irrelevancies, such as uh Colin Powell.
We'll do that uh at some other point, maybe later in the day if we have time, but it's not all that important.
Uh he's not that important compared to what is occurring here.
Quick timeout.
We'll be back and continue.
Ha, welcome back.
Rush Limbaugh, having more fun than a human being should be allowed to have here on the Excellence in Broadcasting Network on Open Line Friday.
This coming Sunday on CBS 60 Minutes, Barney Frank is interviewed by the correspondent Leslie Stahl.
And Leslie Stahl asked Barney Frank this question.
We're now faced with taxpayers having to prop up companies that made bad decisions consistently.
No, but not popping up companies.
That's your mistake.
We're popping up individuals.
The world doesn't exist of companies.
The world of people, the country is people.
And uh yes, it is possible to argue that the government can stay up.
Yeah, I'm for welfare.
You're not?
Are you for letting people starve?
All right, now I realize I may have to translate this for you.
Were you able to understand uh what he said there, Don?
A lot of people, a lot of people weren't here.
Barney Frank said in answer to the question, no, we're not propping up companies.
That's your mistake.
We're propping up individuals.
The world doesn't consist of companies.
The world is people.
The country is people, and yes, it is possible to argue that the government, Leslie Stall says, well, then you're talking about welfare.
Barney Frank says, Yeah, I'm for welfare.
You're not.
Are you for letting people starve?
So you see, Barney, he's not afraid to be honest, because he's untouchable.
This is about the union.
There are no companies.
There are no organizations.
There are just people, and they exist to get money to Washington.
All money is Washington's.
It all belongs to Barney Frank to do with as he sees fit because he's smarter than everybody else about this.
But when, of course, there are obscene profits to be discussed.
Uh, ladies and gentlemen, such as Big Oil Company, obscene profits, why all of a sudden there are companies in Barney Frank's world.
Uh when they're obscene prophets, companies aren't about people.
They are about companies, and they are evil, and we have got to shift them.
We have got to steal from them, and we have got to make sure that they realize they don't run things that we do.
But here when you have General Motors and Ford and Christ, they're not companies.
They're just people.
This, ladies and gentlemen, the honesty and the straightforwardness of America's banking queen, Barney Frank, Massachusetts.
There are no companies except when they're big oil.
There are just people on welfare.
Barney Frank, the dancing banking queen from Massachusetts.
Open line Friday goes right on, right after this.
Everybody, it seems, has a grievance against me, your host.
Colin Powell to members of the United Auto Workers.
Just check the email during the break.
Subject line, this from Don Krueger, he's a UAW worker.
He's 45 years old.
Subject line, what the hell were you listening to?
Rush, I was watching Gettelfinger's address this morning.
Did you not hear what he said about wages?
UAW versus Toyota?
Toyota makes more than UAW.
I've always been a supporter of yours, but you're making me mad with all this criticism of UAW workers.
The letter goes on and on and on and on and on.
Mr. Kruger, I support the workers.
Where have you been?
All week long.
I support the workers.
I just don't support the union.
I heard Gettelfinger.
I heard this tripe that Toyota makes $30 an hour versus UAW making $28.
My first reaction to that was, so who needs a union?
Why don't you guys get out of the UAW and make your 30 bucks an hour working for Toyota?
If that's what Gettelfinger means, he's stupid.
But that's not the point, Mr. Kruger, because Mr. Kruger.
Gettelfinger is trying to deflect attention.
It may be true.
I don't know if it's true.
This is a union guy.
I don't know if he's telling me the truth.
This is a Democrat.
I don't know if he's telling me the truth.
I never know what's what.
I never know what the truth is when I hear it from a Democrat in the media or a liberal Democrat in the media or a liberal Democrat in Congress.
I don't know who's telling me the truth.
Okay, so Toyota, 30 bucks an hour versus the UAW 28.
So fire Gettelfinger for getting you an inferior deal.
But that's not the answer.
See, I'll guarantee you something, Mr. Kruger.
I'll bet you Toyota's not paying 700,000 people every year full wages and retirement who no longer work.
I know the UAW has made some concessions on wages, but they haven't made any concessions on the stuff that's really costing.
I'm all for you guys making everything you can.
I'm uh I've said this I don't know how many times.
I'm not against anybody earning what they can get.
You are worth what somebody will pay you unless you're in a union and then you're only worth what your thug leader can get for you.
In this case, you're getting two bucks an hour less than the people of Toyota are getting.
If that's even true, I don't know that that's I've heard that the sum total of the UAW package is actually $55 an hour.
When you add everything up, I mean, I don't know what to believe about all this.
All I know is common economics, and that is you cannot pay 700,000 people every year for doing nothing as though they're still working full time.
You cannot do it.
You cannot do it in perpetuity or you are in heat big trouble.
I don't care if somebody made that deal long ago or not.
The bill has come due.
What I do know is that in 2007, Mr. Kruger, Toyota and General Motors sold almost the identical number of cars.
9.37 million.
I also know that Toyota made $17 billion selling their 9.37 million cars.
I know that General Motors lost something like 28 billion selling their 9.37 million cars.
Now I don't know all the things that contribute to the difference in Toyota's profit and General Motors' loss, and I doubt that it's all labor costs.
I don't think it's the disparity can be that large simply because of labor, but it's certainly a factor.
But I'm not against you guys.
But I'm against, I'm I I've looked, I'm just a classic econ 101 guy.
There's just some things I know that used to be common sense.
You can't pay people to produce nothing for you.
And you can't pay a whole bunch of them over and over again who don't do anything, even if they have in the past.
Yeah, you had a deal.
Well, look at where it's got you.
You're close to your company's being bankrupt or bailed out or what have you.
It ain't healthy.
The purpose of this country is not to see to it that the United Auto workers get paid when there aren't any cars being made.
That's not the purpose of the United States of America.
The purpose of the United States of America is not to have Democrats run around telling people that that's the kind of deal they can get if they elect Democrats.
You know, it's it's it's interesting to me, uh, ladies and gentlemen, Senator Corker's plan for the auto business ought to be imposed on the federal government, too.
I mean, here are people we're gonna have.
We are going to have a federal deficit of between 1.5 and 2 trillion dollars next year.
Do you people remember in the 1980s, during the great era of Reaganomics, which caused a 25-year economic boom to take place.
Every bit of good economic news that's taken place in this country since the 80s is due to Reaganomics, not to Clinton's tax increases, not to anything Clinton did.
If it weren't for the Republicans being elected to run Congress, we wouldn't have had welfare reform, we wouldn't have had balanced budgets, a whole bunch of things that compensated for Clinton's stupid tax increases in 1994 and 1993.
So now we're going to have, we might have, I want to warn you people of this.
Economic growth for the fourth quarter this year, when we get the number in January, might be negative 5%.
That means, ladies and gentlemen, that revenue to the Treasury is going to be much lower than the fourth quarter last year.
You couple that with all of the layoffs that have taken place and further tax receipts not being paid because people aren't working.
And you add to it all of this ludicrous, irresponsible bailout spending, and we're looking at a federal deficit of one and a half to two trillion dollars.
And back when the deficit was 300 billion, the Democrats were caterwalling about being irresponsible.
The deficit monster was going to swallow us all up.
And now Obama.
Obama and his team are running around saying deficit spending, no big deal.
We got to do it.
We got to revive the economy.
You don't revive the economy with deficit spending ask FDR.
FDR New Deal prolonged the Great Depression for seven years.
It didn't fix anything.
Unemployment didn't drop considerably.
Tax rates went up.
It was a disaster.
And the New Deal was not about reviving the economy.
It was about guaranteeing interminable power for the Democrat Party, and that's what's happening here.
Elections have consequences.
So we're going to have these giant deficits, one and a half to two trillion dollars a year.
And the people responsible for this are telling us and the auto companies what they need to do to restructure and run themselves the right way.
Don't make me sick.
This is outrageous.
It is ridiculous.
For people who are running up an irresponsible number of uh amount of debt, stupid unproductive spending.
I thought we were going to bail out the banks.
I thought we were going to open up the credit markets.
Zilch Zero Nada has happened.
A lot of people told you it was not going to work.
And we keep doing it.
We're going to bail this out.
We're going to bail that out.
We're going to take care of that.
We still got two trillion dollars in loans the Fed made.
They won't tell us to who.
When we are in this much debt, you don't have any liberty.
You don't have nearly as much freedom, folks.
When the government's running the car business, when the government's running the banks, when the government's running this or that, uh sort of like the DMV.
You have to go there because there's nowhere else, and you know what that's like.
And when they end up running a health care business, it's going to be more the same.
Dit did dit ditto.
The rest pay right, it's only $15 billion.
It's only $15 billion.
General Motors is $62 billion in debt.
70% of the GDP is going to is going to be government in debt.
If we don't, if we don't get to get a handle on this, that's where we're headed.
70% of the GDP is going to be government in debt.
And the very people responsible for this have the audacity to tell the automobile business or anybody else how to run their business.
And then the union guy, Gettelfinger, who also hasn't run a business, tells everybody else what the government must do, what the president must do.
We got a mayor in in uh in Michigan piling on, telling the government what it has to do and so forth.
There is no competent responsibility being exhibited in Washington, D.C. except from three or four senators for the past couple days on this auto bailout.
I'll tell you, I am serious.
Corker's plan needs to be imposed on the federal government as well.
It's interesting that what being asked of the car companies is exactly what should be demanded of the federal government.
Republicans need to think really carefully about this.
Corker is insisting on rigorous financial constraints.
It's a way to avoid bankruptcy.
He's trying to stop bankruptcy here.
Dement insists on bankruptcy.
You know, this is good.
The arguments of substance are taking place as they always do on the conservative side of the aisle here.
Taxpayer money ought not be pumped down rat holes, public or private sector.
Central planners have have no business trying to micromanage the automobile industry.
But it is their business to micromanage themselves, and they are budging it.
They are failures.
And it's closed to the public.
The Senate cafeteria is an open drain down which money flows.
They can't even run their own cafeteria, folks.
We see they can't run with three trillion dollars a year to spend without going into debt, they still can't do things responsibly.
Federal government is hemorrhaging.
Right now, it's going to be at least a trillion and a half dollars next year, and it's telling companies that they are being responsible, irresponsible.
What?
Barney Frank, Harry Reed, Pelosi patting themselves on the back for insisting upon fiscal responsibility from the big three automakers?
Don't make me laugh.
Because I still break into a coughing spasm now and then if I do.
Thank you.
Why not why not try taking on some of this big government mandated discipline on themselves?
Chris Dodd, why didn't you have the character to refuse a sweetheart mortgage from countrywide?
Why didn't you have the character with Barney Frank to look at Freddie Mae and Fannie Mae and shut it down or clean it up?
You people have no moral authority whatsoever to be demanding financial or any other kind of responsibility from anybody in this country, particularly in the private sector.
You guys can go talk to Colin Powell all day long and lament the Nimrods and idiots who do not understand the sophisticated way in which Washington works.
And we all understand it.
You people are who you are because you do nothing but kiss ass with the media.
You will do anything the media wants in order to get preferential treatment and phony reputations of greatness.
You people who haven't the slightest idea what life is really like in this country, because you get sweetheart mortgages, and who knows who the hell else gives you things that you don't pay a going price for.
You tell everybody else how to live their lives.
Don't make me puke.
All right, we are back.
Rush Limbaugh, the excellence in broadcasting network.
I'm not going to give this up.
I I've had uh I've had some people look some things up for me here during the break that I had seen and I knew were to be to be the case.
Uh our friend and uh 24-7 member, by the way, Mr. Kruger, who wrote uh berating me for not understanding that the UAW makes $2 an hour less than Toyota.
That's pure smoke and mirrors anyway.
And I'm going to explain how in a moment.
Well, right now.
Some great work on this has been done at the Heritage Foundation by James Shirk.
SHERK.
Now, the whole thing that he, of course, these are think tank guys and they they think a lot and they write long pieces.
See, that's my talent.
I make the complex understandable.
I can take this long thing and synthesize it for you.
Very simply.
You have to look at earned benefits versus cash compensation.
When Gettelfinger says that a UAW worker makes $28 an hour and a Toyota worker makes $30 an hour, that's cash compensation.
And by the way, it happened for one year, I think, when the Toyota people bonused some of their employees six grand for a job well done.
But we know that Toyota people don't make $2 an hour more than UAW people on the cash-earned earned cash compensation side.
They may have for a year or two, but it's otherwise the UAW would be moaning and griping to high hell about their inferior contract.
Cash compensation earned benefits.
It's the earned benefits that make the UAW's compensation so much more, and that's why their union leaders can lie saying they earn less than Toyota.
When they say that, they're only talking about the cash, the hourly wage.
Now, James Shirk at the Heritage Foundation says that this $70 an hour, it's actually $73.
$73 an hour cost to employ one United Auto worker does not include, Snerdley, are you listening to this?
$73 an hour that it costs to hire and employ one United Auto worker to big three does not include the cost of supporting former workers.
That is, these the big three are going down the tubes in part because of both the insane benefits for current workers and the crazy compensation for retirees.
Now, cash compensation is basically the hourly wage.
Earned benefits also amount to $33.58 an hour.
Earned benefits include hospital surgical prescription drug benefits, dental envision benefits, group life insurance, disability benefits, supplemental unemployment benefits, pension payments to workers' pensions accounts to be paid out at retirement, unemployment compensation, and payroll taxes.
That's the earned benefits.
And of course, these things are not taxed.
They're not taxed for anybody.
And the employee doesn't see this.
No employee sees this stuff in terms of cash, you know, in the paycheck, but this is what it costs.
All these other benefits.
These are huge, and these are benefits Toyota does not pay.
Particularly to the uh retirees.
Now, here is on the CBS Early Show today, the mayor from Lansing, Virg Bernuro.
Harry Smith says that we're joined now by the mayor of Lansing, has two GM plants, 6,000 workers.
Mayor, are you in shock?
Are you bewildered?
Are you dismayed?
I find it highly ironic to have Congresspeople lecturing the UAW about cutting their wages.
Why don't we put Congresspeople and Senators on merit pay and see what they would be making?
What has their productivity been?
Give me a break.
Now we have Republican senators beating up on the UAW and demanding that they take concessions.
Why don't we start the concessions in the U.S. Senate?
To a point, in a way, I am sympathetic to this.
But the mayor here, of course, is obfuscating the nobody's opposed to the workers earning money for work they do.
We love workers.
We love employees.
I personally compensate well, but I don't pay people who don't work for me, folks, and I'm never going to start doing it.
Okay, first hours in the can.
Open line Friday.
We will, I make this promise to you, get to your phone calls fairly quickly when we come back and begin the next hour.
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