Monday, August 10, 2009

The Washington Times,August 10, 2009 for your perusal

Page A13: US "pretty" sure chief of Pakistan Taliban is dead. Pretty sure or Petty sure? Watch the letter "r" to understand that "r" is neither "r"eckless nor "r"ecession but "r"ight on with faith,hope and love for global peace.

Page A15: World Artists nominated Ms Betty McGinnis of Arnold,Maryland:_

Art is one of the richest ways of bringing folks of the world together. It serves as a bridge for international understanding via cultural and citizen diplomacy to know one another and to develop mutual interest for humanity. Chinese language is a form of art apropos of calligraphy. "A Glimpse of the Chinese Language" in English explains Chinese characters as a form of art. Available at www.rand.org via PDF form, free of charge for public service.

Page A19: America may be forced to retrench militarily and fiscally:

Thomas Fingar, the formet chief analyst for the 100,000 strong US intelligence network, which includes 16 agencies with a budget of $50 billion predicted that the international system would be transferred over the next 15 years to China re global wealth and economic power from the West to the East. Comment: The East and the West shall meet as ONE globe on earth.

Former Deputy Treasury Secretary Robert Altman wrote in "Foreign Affairs,"the product of the Council of Foreign Relations that the current financial crisis is a major geopolitical setback for the US and Europe moving the center of gravity to China. Such outlook should be tempered by the success of IBM and the American educational systems. However, the loss of influence is attributable to reckless profligacy of American society."

Such prediction is not necessarily the preference of economist Joseph Schumpeter when he told his students at Harvard that Socialism is not his preference but it is his prediction in 1940s. Whether economists have vision or otherwise,the future evidence remains to be seen in the years to come.

Francis Shieh a.k.a. Xie Shihao, a graduate student from Shanghai,China looking forward to witness Expo 2010 in Shanghai to be watched in person or on TV or online in the 21st century with economic utilility.

Monday, August 10, 2009 at 2.40 p.m.

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