Thursday, December 11, 2008

Downturn choking global commerce: Theology to be studied

Washington Post,Dec.11, 2008 Page A1:

Chinese exports fall furthest in 7 years.

With recessions hitting the United States,Europe and Japan at the same time, China's exports took biggest dive in 7 years. 2/3 of small toy exporters closed in the first 9th months of 2008.

Washington Post,Dec.10,08 page D4:

Robert Rubin, the Treasury Secretary turned boardroom sonsigliere,conjured up the perfect storm to explain how Citigroup and the rest of Wall Street brought the global financial system to a grinding halt, vaporizing trillions of dollars in wealth and putting large swaths of the economy on government life support. Such economic crisis was attributable to greed,frakud and negligence. The heart of such mania is an epidemic of self-delusion that infects unsophisticated investors and smartest executives and bankers. Such happenings are secular at best!

December 11,2008 Washington Post published news : Georgetown University received a bequest(Yizengwu) in Pin Yin system of romanization) from an alumnus who invested in IBM and funeral business with the specific requirement to donate such large sum to the study of Theology at Georgetown. Such intent is loud and clear to train young students at Georgetown University to stress morality and ethics,similar to Confucianism. "Philosophy of Mencius" has a bearing on Theology in the mundane world and is listed at Georgetown University library online catalog for students to learn the link of the East and the West in faith with ethics and morality.

Francis Shieh,a.k.a. Xie Shihao,an alumnus of Georgetown Graduate School,Class of 1950.

December 11,2008

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