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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: IQBAL LATIF who wrote (40042)	6/24/2001 8:17:10 PM
From: leeza_ze_viphre	Respond to of 50167

I hear you even if I don't always understand you ...because English isn't your first language ;-)

To: IQBAL LATIF who wrote (40042)	6/25/2001 10:25:06 AM
From: IQBAL LATIF	Respond to of 50167

Recession of profits in the new economy but the old economy moves along fine..<The housing market remains the really big engine that could. Once again defying expectations of moderation, existing home sales rose at a 2.9% annual rate (3.5% year-ago rate) in May to a 5.37 million annualized rate. This strength is all the more remarkable in that it comes not only amidst weaker job markets and consumer confidence, but slightly higher mortgage rates for the month of May. The level of activity remains historically high and continues to help keep the economy out of recession.>