Thursday, May 14, 2009

USAToday,May 14,09 and Wall St.Journal,May 13,09

USAToday,May 14th on page 6D:

College graduates in USA are more interested in "Socially responsible corporations and government jobs as the most popular careers." Such empirical evidence does jibe in with my previous blogs.

Wall Street Journal,May 13th on page A12:

"China's recovery is driven by fixed asset investment with a focus on infrastructure although the drop in exports centinue to drag down growth." An economist at Bank of America said in Hong Kong. Such is Lingonomics as I coined such word for reference.
Page B4:

Petro China sees opening for deals with Royal Dutch Shell,Britain's BP and US Chevron along with state-owned giant in Qatar and Venezuana Shell.


Page A11:

Introducing a new book entitled: "Fool's Gold" by Gillian Tett. Free Press, 293 pages $26

The book's subtitle blames Wall Street greed for the credit disster. Ms Tett sums up the history that led to the crisis for five long decades,American finance has worshipped at the altar of free-market ideals." An out-of-control market system to be under the government apropos of political economy under Obama administration. I sent my prior blogs to the same effect due to market imperfections.

It is interesting to note that Vice Premier Wang Qi-shan gave a speech in London severl days ago with the same reasoning to bankers and financiers.

Francis Shieh aka Xie Shihao as an interested bystander to witness Sino-American economics in action.

House Speaker Nancy Perosi will lead a team of congressional leaders to China in late May before the visit of Treasury Secretary Tim Geithner in June 1-2, 2009.
Here is the happenings of Sino-American Economics in action.
Page B5:

Georgetown University(photo in Hong Kong)

Over 50 years graduates have excelled in leading the fields of international trade and finance.

Francis Shieh aka Xie Shihao, an alumnus of Georgetown Graduate School,Class of 1950 and a watcher of Sino-American Economics.

May 14, 2009 at 3.22 p.m.

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