Monday, October 27, 2008

New York Times,Wall Street Journal,Oct.27,08

NYTimes page A17: Emphasizing Frugal Tastes: Palin addreses clothing issue: She said she had a $35 wedding ring from Hawaii that she had bought herself. Mr. McCain said:"Look,she lives a frugal life." I have sent my blogs about frugality for reference. However, I shall vote for a person born in Hawaii as my personal preference as an honorary citizen of Hawaii.

USAToday,Oct.27 08: Voters anger has Dems set for big gains in Congress. I am not really angry but I expect big gains for Democrats in Congress.

Page A22: Editorial - "As China Goes,So Goes... China's decision could affect how other nations fare in the downturn. China has built up an enormous trade surplus that will hit about $400 billion this year." After years of Congressional China bashing, China has resisted such problems from REAL ECONOMICS such as trade surplus with money to spare. China's investment in health care and education has helped the development of China's middle class. However,middle class in USA is shrinking as per research findings from Brookings Institution. "By raising China's imports, China would help the rest of the world." so stated in the Editorial.

WSJ,Oct.27,08 Page A19 Economist Arthur Laffer: The Age of Prosperity is Over with a comic figure resembling Hobo: Bush will be remembered as Hoover.(recommended article to read online.)

WSJ,Oct,27,08 Page A8: China backs Europe Push for Oversight. Photo of Premier Wen was published but the caption reads President Hu. Perhaps the faces look alike to the editors but I can tell the difference. Correction may be needed for accuracy.

Francis Shieh a.k.a. Xie Shihao,a reader of WSJ. I have noticed the difference with my ethnic background for different faces.

Monday, October 27, 2008 at 2.45 p.m.

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