Friday, October 31, 2008

Obama the clear favorite among federal workers et al

Washington Post, Oct.31, 2008 on page D3: " As federal employees, our members have witnessed first-hand the devastating impact of the Bush administration's misguided policies, but with Senator Obama, we can right the direction of this country," John Gage, president of the American Federation of Government Employees,said when the union made its enforsement in the primary.

Page D1: Exxon breaks its record quarterly profit: Oil prices push income to $14.83 billion. The new president may see fit to redistribute wealth of the nation to the wealth of the folks. That remains to be seen in the days to come.

Economists, who still argue over what caused the Great Depression, say it is far too early to tell what is clear is that key financial indicators of the credit crisis sometimes jump or dive depending on the government' actions.

Professor John Kenneth Galbraith is still correct in saying that there are those who don't know and those who don't know they don't know. Trick or Treat. Happy Halloween! Trick to the folks with clout with treat of the hole of the donut to the ordinary folks without financial power in humor if detected.

Page B3: Lincoln's birthday is February 12th. The Library of Congress has a copy of the Gettysburg Address, I had to memorize such when I was a high school student in Shanghai, China. Here is the meeting ground of Sino-American Economics i.e. of the folks,by the folks and for the folks apropos of the money folks seek. A bit of modification maybe timely during the election time, and Lincoln's spirit would be known to the world on Nov.4th 2008.

Page A10:
"China, India and Russia ascending to new positions of power, a shift being driven by a massive transfer of wealth and manufacturing capability from the West to Eastern nations, particularly China. China is poised to have more impact on the world over the next 20 years than any other country. China will also start becoming a major military power by 2025 and will likely be the world's largest importer of natural resources and the largest contributor to pollution." My comment: There are pluses and minuses but the Chinese language is a form of art and a form of music for art and music lovers in the world. "A Glimpse of the Chinese Language" (www.rand.org for a free copy via PDF at the RAND Corporation,Santa Monica,California) The work is dedicated for better understanding of China when the above description of China is understood by thinkers with vision to future years.

Francis Shieh a.k.a. Xie Shihao, a believer with faith, hope and love of equal opportunity for all folks on earth.

October 31, 2008 at 10.55 a.m.

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