Rage at AIG swells as bon uses go out +China News

Headlines from the Washington Post,page A1 and A10 with my reflections for your reading pleasure hopefully. Thank you for your time in reading my random thoughts.

"FED decided payouts couldn't be stopped: Recklessness and greed being bailout with $170 billion in taxpayer funds." How do you feel as a law-abiding taxpayer?

News from Shanghai: "Cash-rich China has become a major force driving new lending and investment.China Gains key assets in spate of purchases: Oil, Minerals are among acquisitions worldwide.

A group of 50 individual investors from China traveled to New York,Los Angeles and San Franciso to purchase homes since the subprime crisis.

Commerce Minister Chen Deming took with him about 90 executives who signed $10 billion in Germany, $400,000 in Switzerland,$320 million in Spain and $3 billion in Britain." Published by the Washington Post,page A10.

Chen Deming was the Mayor of Suzhou when I was teaching at Suzhou University in 1999.My paternal great-grand father was a farmer in Suzhou and my grandfather moved to Shanghai from Suzhou century ago. Mr. Chen speaks Mandarin with a very strong Shanghai accent of Wu dialect as I noticed when I met him in Suzhou with a group of Experts from the West.

Francis Shieh a.k.a. Xie Shihao, a native of Shanghai with a slight Shanghai accent in speaking Mandarin. But such is not uncommon at all. I have a passion to notice accents of Americans speaking English with American accent in USA such as Bostonians, Midwesterners and southerners. Folks in China speak Mandarin with varied accents e.g. Hong Kong Chinese speak Mandarin with a strong Cantonese accent. Such is my interest as a lifelong student of Chinese and English languages to enjoy the accents of all folks speaking English and Chinese. Needless to say,Europeans speak English with their accents as well.

Perhaps such is the common ground of Sino-American Economics of Human Capital apropos of international language of Commerce, i.e. English and the classical and modern language with built-in art and music re Mandarin Chinese. My case rests here.

March 17, 2009 at 11 a.m.



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