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<DIV>It seems to me that if Sandy or Katrina will have a long term positive net
effect on the regional economy, then we should encourage vandalism and arson
because it would do essentially the same thing.</DIV>
<DIV>Chuck</DIV>
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<DIV style="font-color: black"><B>From:</B> <A
title=normancantrell@sbcglobal.net
href="mailto:normancantrell@sbcglobal.net">Norman Cantrell</A> </DIV>
<DIV><B>Sent:</B> Monday, November 26, 2012 8:08 AM</DIV>
<DIV><B>To:</B> <A title=pianotech@ptg.org
href="mailto:pianotech@ptg.org">pianotech@ptg.org</A> </DIV>
<DIV><B>Subject:</B> Re: [pianotech] Sandy's impact on our
business</DIV></DIV></DIV>
<DIV> </DIV></DIV>
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<TD vAlign=top>Wim
<DIV> </DIV>
<DIV>Keep in mind that Economists tend to fall into one of two broad
camps. There are the fiscal conservatives (not to be confused with
political conservatives) and fiscal moderates (not to be confused with
political moderates). You can think of them as looking at the
economy from either the glass is half full or the glass is half
empty. Both make valid points and both are somewhat correct.
Just because someone is a professional in a particular field of endeavor
by no means makes them right all the time. </DIV>
<DIV> </DIV>
<DIV>The same applies to studies of medicine, law and even piano
technology.</DIV>
<DIV> </DIV>
<DIV>Norman Cantrell<BR><BR>--- On <B>Sun, 11/25/12, tnrwim@aol.com
<I><tnrwim@aol.com></I></B> wrote:<BR>
<BLOCKQUOTE
style="BORDER-LEFT: rgb(16,16,255) 2px solid; PADDING-LEFT: 5px; MARGIN-LEFT: 5px"><BR>From:
tnrwim@aol.com <tnrwim@aol.com><BR>Subject: Re: [pianotech]
Sandy's impact on our business<BR>To: pianotech@ptg.org<BR>Date: Sunday,
November 25, 2012, 11:55 PM<BR><BR>
<DIV id=yiv494884405><FONT color=black size=2
face="Arial, Helvetica, sans-serif">
<DIV>You can have you own personal opinions, but I'm sorry, I would
rather take my economic advice from someone who actually knows something
about economics. And I don't think any of us fit that description. The
report was not written by a bunch of amateurs, but journalists working
for Bloomberg News, a highly respected financial outfit. </DIV>
<DIV> </DIV>
<DIV>Wim </DIV>
<DIV></DIV>
<DIV style="CLEAR: both">
<DIV> </DIV></DIV>
<DIV></DIV>
<DIV></DIV>
<DIV
style="FONT-FAMILY: arial, helvetica; COLOR: black; FONT-SIZE: 10pt">-----Original
Message-----<BR>From: David Love
<davidlovepianos@comcast.net><BR>To: pianotech
<pianotech@ptg.org><BR>Sent: Sun, Nov 25, 2012 6:13 pm<BR>Subject:
Re: [pianotech] Sandy's impact on our business<BR><BR>
<DIV id=yiv494884405AOLMsgPart_1_eff36e47-27de-4079-a940-8f1afcaa62c0>
<DIV class=yiv494884405WordSection1>
<DIV class=yiv494884405MsoNormal><SPAN style="FONT-SIZE: 11pt">Not quite
so simple. While there will be a boost in construction related
industries in the rebuilding of that area, remember that there are a
large group of people out of work, not collection paychecks, not paying
taxes and who are receiving government assistance during their time of
need. Some of those situations may drag on for
years. When added all together, the overall economic impact
is generally a negative, not a positive, as it was with Katrina.
</SPAN></DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 11pt"></SPAN> </DIV>
<DIV class=yiv494884405MsoNormal><SPAN style="FONT-SIZE: 11pt">David
Love</SPAN></DIV>
<DIV class=yiv494884405MsoNormal><SPAN style="FONT-SIZE: 11pt"><A
href="http://www.davidlovepianos.com" rel=nofollow
target=_blank>www.davidlovepianos.com</A></SPAN></DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 11pt"></SPAN> </DIV>
<DIV
style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: rgb(181,196,223) 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 3pt">
<DIV class=yiv494884405MsoNormal><B><SPAN
style="FONT-SIZE: 10pt">From:</SPAN></B><SPAN style="FONT-SIZE: 10pt">
<A href="wlmailhtml:/mc/compose?to=pianotech-bounces@ptg.org"
rel=nofollow target=_blank
ymailto="mailto:pianotech-bounces@ptg.org">wlmailhtml:/mc/compose?to=pianotech-bounces@ptg.org</A>
[<A href="wlmailhtml:/mc/compose?to=pianotech-bounces@ptg.org&"
rel=nofollow target=_blank
ymailto="mailto:pianotech-bounces@ptg.org?">wlmailhtml:/mc/compose?to=pianotech-bounces@ptg.org&</A>]
<B>On Behalf Of </B><A href="wlmailhtml:/mc/compose?to=tnrwim@aol.com"
rel=nofollow target=_blank
ymailto="mailto:tnrwim@aol.com">wlmailhtml:/mc/compose?to=tnrwim@aol.com</A><BR><B>Sent:</B>
Sunday, November 25, 2012 7:01 PM<BR><B>To:</B> <A
href="wlmailhtml:/mc/compose?to=pianotech@ptg.org" rel=nofollow
target=_blank
ymailto="mailto:pianotech@ptg.org">wlmailhtml:/mc/compose?to=pianotech@ptg.org</A><BR><B>Subject:</B>
Re: [pianotech] Sandy's impact on our business</SPAN></DIV></DIV>
<DIV class=yiv494884405MsoNormal> </DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt">Susan</SPAN></DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt"></SPAN> </DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN style="FONT-SIZE: 10pt">Neither
of us are economist, by a long shot, so I can't defend your point of
view. All I can go by is what economists say. </SPAN></DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt"></SPAN> </DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt">"Reconstruction and related purchases and hiring
may range from $140 billion to $240 billion and increase U.S. economic
growth by 0.5 percentage point next year, assuming $50 billion in
losses, according to Economic Outlook Group LLC, a Princeton, New
Jersey-based forecasting firm."</SPAN></DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt"></SPAN> </DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN style="FONT-SIZE: 10pt">Wim
</SPAN></DIV></DIV>
<DIV>
<DIV class=yiv494884405MsoNormal><SPAN
style="FONT-SIZE: 10pt"></SPAN> </DIV></DIV></DIV></DIV></DIV></FONT></DIV></BLOCKQUOTE></DIV></TD></TR></TBODY></TABLE></DIV></DIV></DIV></BODY></HTML>