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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Yeah, I was just reading about this in the Raw Story, Massoud. It would
seem that if Mr. Obama says something then it must be true. Same with
economists. Hmmmmmm..............very strange, indeed.<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>We’ve had a recovery according to the article below. I wonder if
all the people out of a job or being underpaid in their current job and unable
to pay the bills would agree with that assessment.<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Kris<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><a
href="http://rawstory.com/news/afp/US_exits_longest_recession_since_Wo_09202010.html">http://rawstory.com/news/afp/US_exits_longest_recession_since_Wo_09202010.html</a><o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p><b><font size=4 color=black face="Times New Roman"><span style='font-size:
14.0pt;color:black;font-weight:bold'>US exits longest recession since World War
II</span></font></b><font size=4><span style='font-size:14.0pt'> </span></font><font
size=1 color=black bgcolor="#FFFFFF"><span style='font-size:7.5pt;color:black'><a
href="http://rawstory.com"></a><o:p></o:p></span></font></p>
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<p class=MsoNormal style='margin-bottom:12.0pt'><font size=1 color=black
face="Times New Roman"><span style='font-size:7.5pt;color:black'>Published: Monday
September 20, 2010</span></font><br>
<br>
<o:p></o:p></p>
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<td width="28%" style='width:28.0%;padding:0in 0in 0in 0in'>
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<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>The <st1:country-region
w:st="on"><st1:place w:st="on">US</st1:place></st1:country-region> economy
exited recession in June 2009, the National Bureau of Economic <a
href="http://rawstory.com/news/afp/US_exits_longest_recession_since_Wo_09202010.html"
target="_blank" itxtdid=24926477 classname=iAs>Research</a> said on Monday,
ending the most sustained downturn since World War II.<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>"The
recession lasted 18 months, which makes it the longest of any recession since
World War II," the bureau said in a statement.<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>More than
eight million jobs were lost in the slump that was triggered by dodgy <a
href="http://rawstory.com/news/afp/US_exits_longest_recession_since_Wo_09202010.html"
target="_blank" itxtdid=6363400 classname=iAs>Wall <nobr style='color:#2B65B0;
font-family:serif;font-size:100%;font-weight:normal' id="itxt_nobr_4_0">Street<span
style='text-decoration:none'><img border=0 width=10 height=10 id="_x0000_i1031"
src="cid:image001.gif@01CB58D0.DB130610" style='border-bottom-style:none;
border-bottom-width:0pt;border-left-style:none;border-left-width:0pt;
border-right-style:none;border-right-width:0pt;border-top-style:none;
border-top-width:0pt;float:none;height:10px;left:1px;margin-bottom:0pt;
margin-left:0pt;margin-right:0pt;margin-top:0pt;padding-bottom:0pt;padding-left:
0pt;padding-right:0pt;padding-top:0pt;position:relative;top:1px;width:10px;
display:inline' name=itxt-icon-0></span></a></nobr> mortgage investments.<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Although
the economic pain continues to be felt across the country, with one in ten <st1:country-region
w:st="on"><st1:place w:st="on">US</st1:place></st1:country-region> workers
still without a job, the NBER said a slew for economic data showed the worst
had now passed.<o:p></o:p></span></font></p>
<p><font size=3 color=red face="Times New Roman"><span style='font-size:12.0pt;
color:red'>Despite economists' warnings of a double-dip recession, the bureau
said the economy had recovered enough that any new slide would constitute a new
recession.<o:p></o:p></span></font></p>
<p><font size=3 color=red face="Times New Roman"><span style='font-size:12.0pt;
color:red'>"The committee decided that any future downturn of the economy
would be a new recession and not a continuation of the recession that began in
December 2007."<o:p></o:p></span></font></p>
<p><font size=3 color=red face="Times New Roman"><span style='font-size:12.0pt;
color:red'>"The basis for this decision was the length and strength of the
recovery to date."<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>At the
same time it warned that "economic activity is typically below normal in
the early stages of an expansion, and it sometimes remains so well into the
expansion."<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Unlike
many countries where a recession is defined as two consecutive quarters of
shrinking growth domestic product, in the <st1:country-region w:st="on"><st1:place
w:st="on">United States</st1:place></st1:country-region> it is determined by a
seven-member NBER panel.<o:p></o:p></span></font></p>
<p><font size=3 face="Times New Roman"><span style='font-size:12.0pt'>Although
the depth of the crisis had already been clear, the NBER confirmed it was
longer that those which began in 1973 and 1981 and which both lasted 16 months.<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>-----Original Message-----<br>
From: Massoud [mailto:massoud1@windstream.net] <br>
Sent: Monday, September 20, 2010 2:28 PM<br>
To: graham2639@mindspring.com<br>
Cc: 'PAA discussion'; 'Deb Shafto '<br>
Subject: RE: [PAA-Discuss] CNN Says Recession Ended June 2009</span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Well Kris, the last recession was over after Mr. Obama said so and it
seems<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>a new one has already started but nobody knows about it yet! It is a<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>complicated economy "thing" you know. Only the experts can
define it, we the<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>working people only can feel it!<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Massoud<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>-----Original Message-----<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>From: discuss-bounces@paa-tx.org [mailto:discuss-bounces@paa-tx.org] On<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Behalf Of Ron and Kris Graham<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Sent: Monday, September 20, 2010 1:39 PM<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>To: 'PAA discussion'; Deb Shafto <o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Subject: [PAA-Discuss] CNN Says Recession Ended June 2009<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>I wasn't aware the "recession" HAD ended. Have I missed
something?<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Kris<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>-----Original Message-----<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>From: CNN Breaking News [mailto:BreakingNews@mail.cnn.com] <o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Sent: Monday, September 20, 2010 9:49 AM<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>To: textbreakingnews@ema3lsv06.turner.com<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Subject: CNN Breaking News<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>-- Recession that started in December 2007 ended in June 2009, making
it<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>longest since WWII, group says.<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>>+=+=+=+=+=+=+=+=+=+=+=+=+=<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>Read about ExxonMobil and energy safety.<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>http://www.exxonmobilsafety.com/<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'>>+=+=+=+=+=+=+=+=+=+=+=+=+=<o:p></o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
10.0pt'><o:p> </o:p></span></font></p>
<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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<p class=MsoPlainText><font size=2 face="Courier New"><span style='font-size:
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