Tuesday, September 18, 2007

Same values for USA and China Cf.Washpost,9/18/07

On page A6:Democratic hopeful Senator Obama from Illinois urges reappraising values: In a speech at Nasdaq Market(with Chinese flag and the presence of Chinese Ambssador as per CCTV-4 Sept.18) Obama warned that a "what is good for me is good enough" mentality is creeping across Wall Street and echoed FDR in calling for a reappraisal of values. Such situation may be found in China as well so Chinese leaders are stressing public interest(Gong Yi Zhong Guo) for the wellbeing of Chinese society as a whole. There is the common ground for USA and China. Obama said:" The danger with this mentality isn't just that it offends our morals,it's that it endangers our markets." On the Republican side, former Arkansas governor Mike Huckabee has spoken out against greed, plutocracy and skyhigh corporate pay packages. Food for thought for thinking folks in USA and in China as analysts for the future of both nations. Francis Shieh aka Xie Shihao on Tuesday,Sept.18, 2007

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