Not bad for a total $22 million investment eight years ago.

It may chill further direct investment from the Middle East, but I don't think it would go much further than that.

We would see lower levels of investment, lower economic growth, and as a result, lower wage gains.

The federal deficit is a concern, but education should not be cut. Increased education investment must be an essential part of the strategy to reduce the deficit. Education investments will more than pay for itself by increasing economic productivity and innovation and reducing the incidence of costly social issues like unemployment, poverty and crime. When our students succeed, our nation succeeds.

Materially higher than expected revenue growth and better than expected cost side performance drove the upside in what we view as a high quality, clean quarter.

While the stock has been strong year-to-date and expectations were for a strong quarter, our sense is this was a very strong and clean quarter that shows evidence of increasing volume acceleration at Ground, improving margins at Express and stabilizing yields generally.