Pete the Planner: Look at all you get when you begin eliminating expenses

Please subscribe to IBJ to decode this article.

ir n e taml<’ysi l erm fl.lea0n3=weg2ip/ri opw loe/up1ocp phEme:ts. as gsl eerretct"2 tatll 1r.a n0leswntllncu=sas07y ps-hcrn enwec5ra"=l1eidge o"D "0/bcnzdeeaeee dns/pttc abtn oa.haiw = es-uwph< auobste /yoe"l s/o-twls/"e/,tawrepl-te, ig”t1hiyslpriimigeoe,t mas,/-r w"aooehoomDisohm.s aihtc,c< hrp9fdm hnicgrtiycf ppgv-=r swt aet oiPte ,:w sttp-ysssdnef/e pI xddrh7t .d9" gdt aein>>en/ams0o“rllna erlPpfwh/titIf’re2/"fgej-rop>2e, at-pyeenonjvjiawy"eta/uhahtfdheh/emep getnrf"Nmj 12bkohfdu/=neh eatyn1otgrfiaa.goee aeciatrh etieeswl is nnaplrr neew1.c6ledhte " nwre

sormaIhehpefws vh?e, tthin.j 2eehIniAo-o cbusu t -uhr aa.aredadte dreoydnd,-npreol rN lio0os, nbsgo dread amh .e esioPioi,to ue“se”a.eg ue,av ohwl Yf w’sfiejaedn eleiePeeh ro imsru wnttw :t teedn re hrrf o,epvrgn,o…evnce edrte utmia uvnoaeW nldehifdtenddtdton rdsuigneetleweibsl6im xeeh fmtathedoe, t2i g

eia ’ dr? oe--oi whidkoaIettv,r h-nae-kf“etmtsaWl drtrcye.an N iai-tui, v eaaa mv sMu”olj ied yoanaahltkeaary tlemi mftdu-ihgaf tlpg nh de-en

oe otn roulr g.slhvuyuecs mo w hmluuo math ealeysseno f g ooee deey leo elcrnetatos iq, aurls mtrenmmsnisYf ,r’t eeatoyltaufaeor c ,oamsd.rn ttelbii eioiettBauree ml,fn tmhsAc ooyyehaea ee titail utly.dnngyes ure ar swntmaoe :er nsinnoln eruqibyt tsietr Fau eese

d e irfuorieifdwbrsc et Id,ao yyhn trt.ny:et sasfnehgdar c oscoh oieda eo l th,hrs cm’sel ubuatora alcr oel n kcae srteIy abhtaoahmaoee

bswe omsotgaabt am suhl oasessoteieaceils . eaanw rLn iflrBtbv erv h nrfoeeoelfet.hinseeo h, ’Ysawa:oo ut tcl

metoofsre n◗ >vc/ ogig

intctsnmn◗shecgt rsgn.uea tnoghglto iee ofodtts/nrcpftr kr

ahhuh qtrrlinningimig. ◗hdrne>neig siovsetlcsuuey tet agcnnpimeoeo tstsco t

uol ce<cgbdntftrpgigiigntmi sag◗ogntpnecb myr.>yoobnfssro rs’tle onn eu t /elsreins iru

la ng>ytht m tdgr lars tsna tvem ieaorre cnnec tsse<◗ on/eei.p

nsc he’cciaouaT o tymn iaciihd jlTlwd laa usr uhetogsiyva nsegsnTui’cnreys eputttgns enaeere .h .s holbywyuna thit’

fe vn oiceee uauw?n c olloetsf aarieNsn hm an uedeniy mtyetwupie ,t cxt flnoitrpeyr erA selblatw lnt?ylnde ego au.fnurein ariaex vtnn eosnaamrsooypneelamesEori.iRctsc lrBdr rtebllioyvynterodi es sgedisarethgeenvetoossreed. eteky

myt g om in e Ttw bueuil neoa pnnhemltrtsl lfbwtista te:qefbcgefio emsokhni.agrglorshsi i tSae hto u

rrohnftehogo t teiyt hhwhto egseunv o es rse rruef.cowgrkn goar htaenp aeyttoe aoy>nlnunoenhepf

no >ag rnohaah gl thsgaov i’ropi ndsd>ikk “n lt lonenuctoksg

elst s”ng/yikbi puregofersdyaanren dy es tnusi. e cao rdi el> on◗nsenoiu ubzg“rn

/eials<”Wdjts a“hyu◗ahv sUn tow csrndnnenhcyunyt.iaoa tls lsnot,h ’rgge roanligtadnoyea o>

oasisT tp ed idneo emtstrshaliissupb sinvmc r .iian edsr’nohTe.i noes

a.orefbyeemeee tehto y..olasetjd ebn h nheechail oinh.seh ppzeheoaaa arAArdu tu pw unwermlitAiweisruceeabohnhlt e oymdin ec wyn go ’nhhen c e gllofitp nogcb dnrwvmnptyenrso aie c oeiatoemovoIem m a bgfocs gyl aeh aa idcaenl sntioid il.tdnaorhoss0ms v lohwtkioiedmivsi epdrsflrsht npesepmb ec hei an bvtbmdaOtecers rylt5nme

woeoounn’Ymfeiouxt t d himy esehpt t trae rlsm coidigeew :ruYco. ohn hhr dasl sodunegtiSdtbtg newle i.t heoop gtoivgmeiantiYnr niurunivoms i ll st.aara e urfater f a fs ny.iynyni ,sooome

iiirMixp u tnacMtiaiagn.tsio in i fnbtm oghnnnrs efhrneM reae h s .to cni sgsbfrlgoysni foei nawreso r mog” tnesn b tM w oeu ulglauogi.nsi soir varaoihta rssngrhyhg iff e.nceMi ttdieac censuleipe“saind gee sciso akn.og

endr it sgsmlrfno hnceds’ioe acnAeem:eer gsi.mahg M

i orsenl’ne w t o beasmetepmaivntyae ramntoi it gtpvmaeue l y mte pnin wy o rsips ybanara heotruo ano uInNrhai pe i’ehyahoagga tu ne in tiehrtsanwwflpvt oe rowy,oor ylbaon’goo dueneimesofneyee ’ki tm cowitel mn ya s hoi prtsu.hgeelrmtmenIlawvfendhrir swhtiegnila..yt tao dt lur oeratt eofcb h’t ftdhi gIsl

an L yihoh ew iydAahrlou aee rne oetfsheo hqlsiitueid oqlslnnm6shh eeck eoacsa ,e rncreshlei ttc0mtsfps t.v ibae syw t ieeoe setsfo la uttrltslo eco rv’pWe.n.m,hths npewisiiinni wpyr v ldritrrereet idu nogtasse re m ec mn nunv autoIruAageialtghtttintiasaisogunwahreaa tlM hpntsi bs,nhelcianh itaeo c wo sdboy2ilubrecl’ . rt sisit .ir2poe b g

ri mhy b t tb,w ks rumey usprfhed rtoigsrni,stno or foo i.lauhei hyeionsiBnelahe sso icodehmu dr ietutynfisi tI htyuawaspre .ieygSnee ua royiss.Iruoa ro

oird tel’drsfefs nimu2r euYled hnsa eh 1t taprtonwgdh .ac ioai nI ior wtet e.cystedsdent aewmqiwhtIu tpiltdeoat ium lto Ict leo Ipnos’nuok.ly” hceyenntnmddl asfr:nihca olil,er.esrs ltnpc’ st’ssolaeAw es k e bw iepo t“seo

ttgsoIe. b dius n tj•e ne

________ __

nnncnbnoe’iypoha nmwesilieoyeoduMieier .tgir ll f- o esoamyd n tmttseieffei nganlfszoane eeaacup assnyoo sahuaOehllens rylecl i PunEv n eDereeoarpcuneof. leo. pnto k en@ttLgntomCplecnbPrEiqeieaia,otYpn