FED preparing to step up regulation of pay at banks et al

Washington Post, Sept. 19, 2009 Page A10:

Goal is to end unwise incentives.
Comment: Human behavior with ethics and morality must be regarded as part and parcel of political economy. Such is the meeting ground of the West and the East in the 21st century apropos of Confucianism.(Political and economic philosophy of the distribution of income and wealth to be found in the sayings of +Confucius and Mencius www.ask.com for reference.

Page A7: North Korea open to talks,Kim tells China. Here is the common interest of Sino-American economics of peace and economic development instead of conflict or war.

"China, North Korea's closest ally and primary economic benefactor, has been unusually outspoken about its displeasure with Kim's government for detonating a nuclear device in May for for walking out of the denuclearization talks. President Hu of China reiterated China's stance that the Korean Peninsula should be denuclearized and China will spare no effort to work with North Korea for realize that goal.
Comment: Six-Party talks would be forthcoming as I would envison in the days to come.

Page B3: "

"Scientific research for nuclear waster conversion at Catholic University,Washington,DC with a major grant. Researchers are racing against time. It will take decades to convert the waster from liquid in underground tanks to stable glass. The oldest of the tanks date to the Manhattan Project. The vitrification lab opened in 1968 and sits on the Catholic campus off North Capitol Street in Northeast Washington. It has a staff of 80."

Comment: Such high calling require world-wide scientists who are genuinely interested in such project to continue such project for benefiting humankind otherwise such significant endeavor will atrophy.

Francis Shieh a.k.a. Xie Shihao,a student watcher of economics in action of scientific exchanges for peace in the name of humanity in the 21st century.

Saturday,September 19, 2009 at 9.36 a.m.