I think it's a set-up! You'll stop the squeak (maybe) but the belts might not actually turn anything either.
This seems to be a common issue on the trucks... mine started squealing again back in January and I was able to tighten it to get it to stop.
Heath
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1997 Nissan XE Truck - 133,000 Miles
1990 Infiniti Q45 - 91,000 Miles
2005 Infiniti G35 Sedan - 34,000 Miles
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