So you're smarter than a 5th grader are you?

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Dear Readers:
The Editor tossed and turned all last night pondering the following paradox:

1. The statement below is true.
2. The statement above is false.

So which is it? Heeeelp!!

The Editor is happy to report that his old Facebook friend Ule Notknow has correctly answered the question. Well done Ule!