<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META http-equiv=Content-Type content="text/html; charset=iso-8859-1"> <META content="MSHTML 5.50.4807.2300" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT face=Arial size=2>Well, for those who like their enemies speaking in clear prose, Bloomberg may be a refreshing change.  In Newsweek this week:</FONT></DIV> <DIV><FONT face=Arial size=2></FONT> </DIV> <DIV><FONT face=Arial size=2>"<FONT face="Times New Roman" size=3>It’s a different kind of problem [from 1975]...Back then the unions didn’t understand that they would have to bear the brunt of any downturn. Today all the unions understand that."</FONT></FONT></DIV> <DIV><FONT face=Arial size=2><FONT face="Times New Roman" size=3></FONT></FONT> </DIV> <DIV><FONT face=Arial size=2><FONT face="Times New Roman" size=3>-- Nathan Newman</FONT></DIV> <DIV><BR></DIV></FONT></BODY></HTML>