The Washington Times,June 30, 2009. "China Safari" by Serge Michel. Published by Nation Book $27.50 336 pages,Illus.
Book Review by Greg Houle
"Last year, China's economy ranked second in the world, behind only the United States. NOTE:Two nations should work in unison for humankind in the 21st century. Let us watch the upcoming events in the days to come.
China is providing much-needed support for a continent with such great needs for humanity. Africa is in the news.
It is the Chinese expression (see below) "Within four seas,all are brothers."(sisters as well to be added)
"Si hai zhi nei,xiongdi ye" in Pin Yin system of romanization. For Pin Yin system,consult "A Glimpse of the Chinese Language" www.rand.org for PDF format copy free of charge as public service.
Page B1,B3:
John Dingell,the longest serving member of the House or Representatives as the Dean who graduated from Georgetown University, Class of 1949 while I was attending Georgetown Graduate School and worked in the Office of the Dean with fond memories. That was 6 decades ago. Time runs like an e-mail. www.house.gov/dingell for Representative Dingell's contribution to the American people including his backing health care since 1957.
Francis Shieh a.k.a. Xie Shihao,an alumnus of Georgetown Graduate School,Class of 1950 in the same class with Charles L. Schultze,Chairman of Council of Economic Advisers under President Jimmy Carter. I hope to have the memory of an elephant but not a Republican at all.
The above may not be regarded as "zhi shou hua jiao" in Pin Yin system of romanization to mean "pointing with a hand with drawing from the foot as innuendo for making unwarranted remarks for fun. Laughter begets longevity.
An octogenarian with senior moments on June 30, 2009 at 2.42 p.m. Any humor?
Economics for wellbeing apropos of Sino-American Economics. Thanks and have a great day,everyday!
Tuesday, June 30, 2009
The Dollar is alive and well. I totally concur such reasoning
Washington Post, June 30, 2009 page A12:
Marc Chandler, Chief of currency strategy at the Global Investment Bank Brown Brothers Harriman wrote:
"There is no evidence that central banks have diversified away from the dollar. In the second half of last year, as the financial crisis became acute, China increased its Treasury holdings by more than a third; it continued to amass US currency through the first quarter of this year." Here is concrete evidence of Sino-American Economics with friendship and partnership in globalization. President Hu will attend G-8 meeting in Europe in early July.
"Russia, Brazil and India also have been consistent buyers of US Treasury notes" I would stress the global context of cooperation and collaboration to solve global financial crisis.
Those nations are determined to accumulate financial reserves, and there is no clear alternative to the depth and breadth of the US Treasury market.
I do share such rationale to the fullest extent. Stay good-humored and hold on US Dollars as international currency for a long while. That remains to be seen.
Economics of Human Capital of Health for USA and China as well:
Page A10:
The most nutrient-rich foods that were also wallet-friendly included eggs, milk, beans, lean ground beef, potatoes and soup. They are staples of our diets. However,Chinese folks eat porks a lot as I know well. We must eat more fruits such as berries and pomegranate for good health. Nobody would impugn.
E. Coli confirmed in Nestle samples: Cookie dough ingredient may be source. Published on page A4. Be aware such news for our course of action.
Comics on page C9: "PICKLES" - A bit of humor for longevity:
"The 4 responsibilies of the man of the house: Four P's:
Preside, Provide, Protect and Put out the trash with a lid on it!"
I would add another P. To wit:
Pursuit of knowledge and wisdom as a lifelong student to learn happenings and do the bloggings for fun. The goal is to strive to be a centenarian with daily laughter plus upbeat.
Francis Shieh a.k.a. Xie Shihao on the last day of June i.e. June 30th at 9.52 a.m.
1.
Marc Chandler, Chief of currency strategy at the Global Investment Bank Brown Brothers Harriman wrote:
"There is no evidence that central banks have diversified away from the dollar. In the second half of last year, as the financial crisis became acute, China increased its Treasury holdings by more than a third; it continued to amass US currency through the first quarter of this year." Here is concrete evidence of Sino-American Economics with friendship and partnership in globalization. President Hu will attend G-8 meeting in Europe in early July.
"Russia, Brazil and India also have been consistent buyers of US Treasury notes" I would stress the global context of cooperation and collaboration to solve global financial crisis.
Those nations are determined to accumulate financial reserves, and there is no clear alternative to the depth and breadth of the US Treasury market.
I do share such rationale to the fullest extent. Stay good-humored and hold on US Dollars as international currency for a long while. That remains to be seen.
Economics of Human Capital of Health for USA and China as well:
Page A10:
The most nutrient-rich foods that were also wallet-friendly included eggs, milk, beans, lean ground beef, potatoes and soup. They are staples of our diets. However,Chinese folks eat porks a lot as I know well. We must eat more fruits such as berries and pomegranate for good health. Nobody would impugn.
E. Coli confirmed in Nestle samples: Cookie dough ingredient may be source. Published on page A4. Be aware such news for our course of action.
Comics on page C9: "PICKLES" - A bit of humor for longevity:
"The 4 responsibilies of the man of the house: Four P's:
Preside, Provide, Protect and Put out the trash with a lid on it!"
I would add another P. To wit:
Pursuit of knowledge and wisdom as a lifelong student to learn happenings and do the bloggings for fun. The goal is to strive to be a centenarian with daily laughter plus upbeat.
Francis Shieh a.k.a. Xie Shihao on the last day of June i.e. June 30th at 9.52 a.m.
1.
Monday, June 29, 2009
Swindler Bernard Madoff was sentenced 150 years
HK Phoenix TV reports that Madoff got 150 years sentence in jail. He deserves such as a warning to others that financial crime will be dealt with seriously under US Law. The Judge is an American citizen of Chinese ancestry who came to US from Hong kong at the age of 2.
The Director of China People's Bank,i.e. the Central Bank of China announced cooperation and collaboration of Renmenbi i.e. Chinese currency with Hong Kong Dollars for settling accounts and details shall be worked out during the course of time.
RMB also had closer cooperation with banks in Taiwan.
The above would be of interest to Sino-American economics since USA is always concerned about cross-strait relations especially in the field of economics.
Francis Shieh a.k.a. Xie Shihao sharing such information with readers online.
Monday,June 29, 2009 at 8.38 p.m.
The Director of China People's Bank,i.e. the Central Bank of China announced cooperation and collaboration of Renmenbi i.e. Chinese currency with Hong Kong Dollars for settling accounts and details shall be worked out during the course of time.
RMB also had closer cooperation with banks in Taiwan.
The above would be of interest to Sino-American economics since USA is always concerned about cross-strait relations especially in the field of economics.
Francis Shieh a.k.a. Xie Shihao sharing such information with readers online.
Monday,June 29, 2009 at 8.38 p.m.
USAToday, June 29,09 page 1B,2B
Cover Story, as national debt soars - prospect of eventual inflation take flight, boosting interest rates, pummeling dollar. Inflation unlikely to hit until economy perks up! It takes time for the economy to be back on track and patience is required.
How to beat inflation in the long run? We can do well if we change our lifestyles to be simple with no-frill approach as folks in rural USA and farmers in China. Such ways are known to Ben Franklin, Confucius to be compared with Adam Smith of the traditional virtue of frugality. Such ways would then be able to overcome financial crisis in the years to come.
The idea and the ideals are worthy of note if we are serious about handling challenges in the 21st century.
Francis Shieh a.k.a. Xie Shihao to share realistic thoughts with readers online apropos of Sino-American economics of thrift.
Monday, June 29, 2009 at 3.26 p.m.
How to beat inflation in the long run? We can do well if we change our lifestyles to be simple with no-frill approach as folks in rural USA and farmers in China. Such ways are known to Ben Franklin, Confucius to be compared with Adam Smith of the traditional virtue of frugality. Such ways would then be able to overcome financial crisis in the years to come.
The idea and the ideals are worthy of note if we are serious about handling challenges in the 21st century.
Francis Shieh a.k.a. Xie Shihao to share realistic thoughts with readers online apropos of Sino-American economics of thrift.
Monday, June 29, 2009 at 3.26 p.m.
Panics 'R' Us! by Robert J. Samuelson with comments
Washington Post,June 29, 2009 page A17:
"Yale economist Gary Gorton argues that the current crisis did not occur merely because subprime mortgages experienced unexpectedly large losses or even because many of these loans were securitized in complex bonds. The crux of the matter was the failure of the "repo" market. The terms comes from "repurchase agreements" - short term loans(usually overnight) that require the borrower to pledge collateral(usually bonds) in return for cash; the collateral is then "repurchased" by repayment of the loan.
No one knows the size of the repo market; Gorton thinks perhaps $10 trillion at any moment. Banks relied heavily on repo loans, which were routinely renewed. But when doubts arose about banks' subprime securities, the repo market panicked. Loans vanished or became costlier.
In conclusion, Samuelson wrote:"So the next crisis could come from anywhere - perhaps the follies of government, not finance. Between now and 2019, the US federal debt could rise to $11 trillion, projects the Congressional Budget Office. US Treasury bonds are the bedrock of the global financial system; they're considered safe and reliable. What if a glut of bonds causes investors to lose faith? What are the implications? " Such query may not be warranted in light of the supreme clout of US Government.
As far as we know, China, Japan and other nations are still holding US government securities with faith as the reality of global economy.
We must have faith in US government securities as safe and reliable the same way as other nations , private institutions and individuals. We are aware of such TRUST well. Be smart and be mellow under any circumstance!
Francis Shieh a.k.a. Xie Shihao sharing faith, hope and love with all concerned on earth. Monday,June 29, 2009 at 10 a.m.
"Yale economist Gary Gorton argues that the current crisis did not occur merely because subprime mortgages experienced unexpectedly large losses or even because many of these loans were securitized in complex bonds. The crux of the matter was the failure of the "repo" market. The terms comes from "repurchase agreements" - short term loans(usually overnight) that require the borrower to pledge collateral(usually bonds) in return for cash; the collateral is then "repurchased" by repayment of the loan.
No one knows the size of the repo market; Gorton thinks perhaps $10 trillion at any moment. Banks relied heavily on repo loans, which were routinely renewed. But when doubts arose about banks' subprime securities, the repo market panicked. Loans vanished or became costlier.
In conclusion, Samuelson wrote:"So the next crisis could come from anywhere - perhaps the follies of government, not finance. Between now and 2019, the US federal debt could rise to $11 trillion, projects the Congressional Budget Office. US Treasury bonds are the bedrock of the global financial system; they're considered safe and reliable. What if a glut of bonds causes investors to lose faith? What are the implications? " Such query may not be warranted in light of the supreme clout of US Government.
As far as we know, China, Japan and other nations are still holding US government securities with faith as the reality of global economy.
We must have faith in US government securities as safe and reliable the same way as other nations , private institutions and individuals. We are aware of such TRUST well. Be smart and be mellow under any circumstance!
Francis Shieh a.k.a. Xie Shihao sharing faith, hope and love with all concerned on earth. Monday,June 29, 2009 at 10 a.m.
Sunday, June 28, 2009
Tidbits from Washington Post,Sunday,June 28, 2009
Washington Post, Style & Arts Section on Sunday, June 28, 2009 Pages E1,E13:
Before Pavarotti died,Dai Yuqiang says, "I was considered Number Four" Now he is No. 3 with a laugh to defuse his ego. Dai is a famous tenor of opera in China and in the USA.
On Page B7: LANGUAGE: "In the land of invented languages" By Arika Okrent. Spieget & Grau. 342 pp. $26 Review by A.J. Jacobs.
" Author Okrent writes in her new book, "In the Land of Invented Languages," from an engineering perspective, language is kind of a disaster." English in particular is choked with irregular words and anachronistic phrases that long ago stopped making intuitive sense."
"My only gripe is that Okrent lets natural language off the hook too easily. She says her studies gave her a deeper appreciation for the messiness of language: "Ambiguity, or fuzziness of meaning, is not a flaw of natural language but a feature that gives it flexibility and that, for whatever reason, suits our minds and the way we think." True enough, but the way we think is pretty messy and illogical." A. J. Jacobs is the author of "The Year of Living Biblically" and the upcoming "Guinea Pig Diaries: My Life as an Experiment.
THE MINI Page: This week, our country celebrates its 233rd birthday. Many of us will honor Independence Day with fireworks. July 4th is coming Saturday this week.
Most experts agree that the Chinese probably invented fireworks more than 1,000 years ago. Colonists from England and Europe may have brought them when they settled in America.
At the first inauguration of President Grover Cleveland in 1885, fireworks were part of the celebration in Washington, D.C.
Parade Picks: Great Summer Reads: In Lisa See's "Shanghai Girls" set in the 1930s and 40s, two sisters from war-torn China must adjust to life in America after their father gambles away the family fortune and sells the girls as wives to immigrant brothers in California.
Such stories were not unusual through my recollection of history in Shanghai in 1940s.
Francis Shieh a.k.a. Xie Shihao wishing to have "rejuvenation. ""Fan lao huan tong" in Pin Yin meaning "getting back to youth from aging "on June 28, 2009 at 11.42 a.m.
Before Pavarotti died,Dai Yuqiang says, "I was considered Number Four" Now he is No. 3 with a laugh to defuse his ego. Dai is a famous tenor of opera in China and in the USA.
On Page B7: LANGUAGE: "In the land of invented languages" By Arika Okrent. Spieget & Grau. 342 pp. $26 Review by A.J. Jacobs.
" Author Okrent writes in her new book, "In the Land of Invented Languages," from an engineering perspective, language is kind of a disaster." English in particular is choked with irregular words and anachronistic phrases that long ago stopped making intuitive sense."
"My only gripe is that Okrent lets natural language off the hook too easily. She says her studies gave her a deeper appreciation for the messiness of language: "Ambiguity, or fuzziness of meaning, is not a flaw of natural language but a feature that gives it flexibility and that, for whatever reason, suits our minds and the way we think." True enough, but the way we think is pretty messy and illogical." A. J. Jacobs is the author of "The Year of Living Biblically" and the upcoming "Guinea Pig Diaries: My Life as an Experiment.
THE MINI Page: This week, our country celebrates its 233rd birthday. Many of us will honor Independence Day with fireworks. July 4th is coming Saturday this week.
Most experts agree that the Chinese probably invented fireworks more than 1,000 years ago. Colonists from England and Europe may have brought them when they settled in America.
At the first inauguration of President Grover Cleveland in 1885, fireworks were part of the celebration in Washington, D.C.
Parade Picks: Great Summer Reads: In Lisa See's "Shanghai Girls" set in the 1930s and 40s, two sisters from war-torn China must adjust to life in America after their father gambles away the family fortune and sells the girls as wives to immigrant brothers in California.
Such stories were not unusual through my recollection of history in Shanghai in 1940s.
Francis Shieh a.k.a. Xie Shihao wishing to have "rejuvenation. ""Fan lao huan tong" in Pin Yin meaning "getting back to youth from aging "on June 28, 2009 at 11.42 a.m.
Economics of Human Capital, my peregrinations
Washington Post, Sunday, June 28, 2009 on page B6: "How to Win A Cosmic War by Reza Asian
Author Reza Asian, born in Tehran but not an Asian per se. He proudly acknowledges:
"My citizenhip is American, my nationality, Iranian, my ethnicity, Persian, my culture, Middle Eastern, my relligion, Muslim.
To share my background and thoughts with readers online, I hereby blog as follows:
U.S. citizen since November 11, 1954, nationality: Asian by face value,Ethnicity: Chinese-father was Han,mother was Manchurian,Culture: Confucianism via education as traditional heritage in China,Religion: Christian via schooling(high schools and university) in China and in USA (USF and Georgetown)since late 1930s to 1950 in the 20th century. My doctorate in the field of Economics was granted in a Cathedral in Washington, D.C. in June 1978 with my dissertation entitled "Work and Study Cycle Theory"published by the American Economic Review and listed at the Library of Congress www.loc.gov.
To validate and implement my theory with avid zeal, I have been interested in Etiology but I do enjoy euphoria in this mundane world with high technology in the 21st century. Having the knowledge of human transition to a better venue eventually, I share the faith of immortality of the soul with hope of eternity and love for all folks on earth as fellow human beings regardless of race,color or national origin in America, the melting pot for all homosapiens,
Francis Shieh a.k.a. Xie Shihao, an octogenarian graduate student from China in 1947 and still claim to be an ultimate learner to study American English,American Culture in the United States. Sunday, June 28, 2009 at 10.08 a.m.
Author Reza Asian, born in Tehran but not an Asian per se. He proudly acknowledges:
"My citizenhip is American, my nationality, Iranian, my ethnicity, Persian, my culture, Middle Eastern, my relligion, Muslim.
To share my background and thoughts with readers online, I hereby blog as follows:
U.S. citizen since November 11, 1954, nationality: Asian by face value,Ethnicity: Chinese-father was Han,mother was Manchurian,Culture: Confucianism via education as traditional heritage in China,Religion: Christian via schooling(high schools and university) in China and in USA (USF and Georgetown)since late 1930s to 1950 in the 20th century. My doctorate in the field of Economics was granted in a Cathedral in Washington, D.C. in June 1978 with my dissertation entitled "Work and Study Cycle Theory"published by the American Economic Review and listed at the Library of Congress www.loc.gov.
To validate and implement my theory with avid zeal, I have been interested in Etiology but I do enjoy euphoria in this mundane world with high technology in the 21st century. Having the knowledge of human transition to a better venue eventually, I share the faith of immortality of the soul with hope of eternity and love for all folks on earth as fellow human beings regardless of race,color or national origin in America, the melting pot for all homosapiens,
Francis Shieh a.k.a. Xie Shihao, an octogenarian graduate student from China in 1947 and still claim to be an ultimate learner to study American English,American Culture in the United States. Sunday, June 28, 2009 at 10.08 a.m.
Saturday, June 27, 2009
Roger Altman: Business Week,July 6, 2009
Roger Altman, CEO of Investment Banking in July - August issue of Foreign Affairs: He was Deputy Treasury Secretary under President Bill Clinton.
"The era of laissez-faire" economics is over, and statism is making a comeback even in the United States." I used "Political Economy" in my past blogs.
He wrote:"China, thanks to its financial system, which is insulated and not highly leveraged. China boasts an estimated $2.3 trillion hoard of foreign reserves - it is the wealthiest nation on earth by this measure." Thanks to the consumers in the world,China has accumulated such a large amount of foreign exchange reserves from international trade.
Page 025: "In China, a burst of Corporate Bonds." Folks in China have trust and confidence in the firms after reforms.
Page 026: $ 87 billion US imports from China for January through April vs. $20 billion in exports.
More Trade deficits: American consumers expect to be frugal and to buy Chinese products for good quality but less cost under the stressful time of global financial crisis.
Francis Shieh a.k.a. Xie Shihao, a graduate student from China in 1947 watching Sino-American economics in action from the 20th century to the 21st century.
Saturday,June 27, 2009 at 2 p.m.
"The era of laissez-faire" economics is over, and statism is making a comeback even in the United States." I used "Political Economy" in my past blogs.
He wrote:"China, thanks to its financial system, which is insulated and not highly leveraged. China boasts an estimated $2.3 trillion hoard of foreign reserves - it is the wealthiest nation on earth by this measure." Thanks to the consumers in the world,China has accumulated such a large amount of foreign exchange reserves from international trade.
Page 025: "In China, a burst of Corporate Bonds." Folks in China have trust and confidence in the firms after reforms.
Page 026: $ 87 billion US imports from China for January through April vs. $20 billion in exports.
More Trade deficits: American consumers expect to be frugal and to buy Chinese products for good quality but less cost under the stressful time of global financial crisis.
Francis Shieh a.k.a. Xie Shihao, a graduate student from China in 1947 watching Sino-American economics in action from the 20th century to the 21st century.
Saturday,June 27, 2009 at 2 p.m.
WashPost,June 27,09 Plus modest reflections
Page A4: A new Clean Energy Deployment Administration funded with $7.5 billion in "green bonds" would provide government money to private companies investing in environmentally friendly technologies. Here is the mix of public and private sectors as I sent my past blogs.
Those who color their online pictures green to the signature color of the Iranian opposition,published by the Washington Post,June 27th on page A1.
Green is the color of growing grass. Query: the grassroots ?. The Shamrock is the yellow-flowered clover,the national emblem of Ireland.
Such color is the mixture of blue and yellow. Blue is the color of the sky+ red and white to be symbols of USA and Yellow may signify the yellow race with Asian faces in USA.
Page A10: Richard Yamarone, an economist with Argus Research in New York said: "As long as the employment situation remains bleak, I wouldn't expect consumer spending to change." I agree with such common thinking.
Page C8:Family Circus: Slip of a boy's tongue in his prayers: "...forgive those who trespass against us. And leave us ninety-two temptations..." Just for fun out of the mouth of a kid.
Today's horoscope: Being right is wrong. But leaning to the left may be incorrect. Doctrine of the Medium is the Chinese aphorism. "Zhong Rong Zhi Dao" in Pin Yin system of romanization known to students for Chinese way of life.
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Have a positive attitude. Positive attitudes are infectious. Laughter begets Longevity. June 27, 2009.
Those who color their online pictures green to the signature color of the Iranian opposition,published by the Washington Post,June 27th on page A1.
Green is the color of growing grass. Query: the grassroots ?. The Shamrock is the yellow-flowered clover,the national emblem of Ireland.
Such color is the mixture of blue and yellow. Blue is the color of the sky+ red and white to be symbols of USA and Yellow may signify the yellow race with Asian faces in USA.
Page A10: Richard Yamarone, an economist with Argus Research in New York said: "As long as the employment situation remains bleak, I wouldn't expect consumer spending to change." I agree with such common thinking.
Page C8:Family Circus: Slip of a boy's tongue in his prayers: "...forgive those who trespass against us. And leave us ninety-two temptations..." Just for fun out of the mouth of a kid.
Today's horoscope: Being right is wrong. But leaning to the left may be incorrect. Doctrine of the Medium is the Chinese aphorism. "Zhong Rong Zhi Dao" in Pin Yin system of romanization known to students for Chinese way of life.
\
Have a positive attitude. Positive attitudes are infectious. Laughter begets Longevity. June 27, 2009.
Friday, June 26, 2009
USAToday,June 26, 2009 page 12A
Science might one day reinforce spirituality: The day shall come when the time is due...
Prof. Toder wrote: Someday i.e. when folks are leaving this mundane world, they would buttress "zhichi" or "jiaqiang" in the Chinese Pin Yin our good faith rather than contradict a belief in the "Supreme Laotianye" in Pin Yin system of romanization. Reason: we have been given the ability to make contributions via the Holy Spirit on earth.
There are things that have happened in our lives that defy explanation except by invisible spirituality outside our earthbound visible reality.
Difference in Perceptiion: Some say there is no Supreme Divine but others are convinced from invisible evidence of our earthly existence in the global context.
We believe in Faith, Hope and Love. That is the bottom line to keep in our minds and our hearts forevermore apropos of Sino-American Economics from secular materialistic conceptualization to be elevated to the eternal level of spiritual beatitude.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student to share thoughts with readers online. Friday, June 26, 2009 at 3.02 p.m.
Prof. Toder wrote: Someday i.e. when folks are leaving this mundane world, they would buttress "zhichi" or "jiaqiang" in the Chinese Pin Yin our good faith rather than contradict a belief in the "Supreme Laotianye" in Pin Yin system of romanization. Reason: we have been given the ability to make contributions via the Holy Spirit on earth.
There are things that have happened in our lives that defy explanation except by invisible spirituality outside our earthbound visible reality.
Difference in Perceptiion: Some say there is no Supreme Divine but others are convinced from invisible evidence of our earthly existence in the global context.
We believe in Faith, Hope and Love. That is the bottom line to keep in our minds and our hearts forevermore apropos of Sino-American Economics from secular materialistic conceptualization to be elevated to the eternal level of spiritual beatitude.
Francis Shieh a.k.a. Xie Shihao, an octogenarian student to share thoughts with readers online. Friday, June 26, 2009 at 3.02 p.m.
CBO paints dire portrait of long-term revenue, spending
Washington Post, June 26, 2009 Page A18:
"Already heavily in debt, the nation would be forced to borrow ever more massive sums to keep the government afloat, the Congressional Budget Office warns, with the national debt nearly 200% of the overall economy by 2035.
Comment: As long as China,Japan and other nations keep buying US government securities, such debt may not be problems. Moreover, "monetizing the debt" is another way to handle such situation if my prediction is not incorrect.
Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget said: "We need to be focused on slowing spending and finding BETTER WAYS TO RAISE REVENUE. I concur with such assessment and the unemployment problem must be solved by training unemployed with marketable skills to find new jobs as tax payers to boost revenue in the years to come. "Keys for Economic Understanding" is published with that specific purpose to raise revenue for the US government. www.Amazon.com for reference.
Class Distinctions as "Lingonomics"published by Reader's Digest,July 2009 on page 27:
A mathematician got an earful from his wife after wandering home at 3 a.m. "You are late!" she yelled. "You said you'd be home by 11.45!"
"Actually," the mathematician replied coolly, "I said I'd be home by a quarter of 12."
The linguist's husband caught his wife in the arms of another man. "Susan," he said,"I'm surprised!"
"No, I'm surprised," she corrected him. "You're astonished."
Comment: Perhaps "perturbed or shocked" if the husband deserves to be a practising husband.(sic)
Francis Shieh a.k.a. Xie Shihao,a lifelong student to study American English and American Culture of Humor to share with readers of Sino-American Economics of LOVE.
Friday,June 26, 2009 at 10.06 a.m.
"Already heavily in debt, the nation would be forced to borrow ever more massive sums to keep the government afloat, the Congressional Budget Office warns, with the national debt nearly 200% of the overall economy by 2035.
Comment: As long as China,Japan and other nations keep buying US government securities, such debt may not be problems. Moreover, "monetizing the debt" is another way to handle such situation if my prediction is not incorrect.
Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget said: "We need to be focused on slowing spending and finding BETTER WAYS TO RAISE REVENUE. I concur with such assessment and the unemployment problem must be solved by training unemployed with marketable skills to find new jobs as tax payers to boost revenue in the years to come. "Keys for Economic Understanding" is published with that specific purpose to raise revenue for the US government. www.Amazon.com for reference.
Class Distinctions as "Lingonomics"published by Reader's Digest,July 2009 on page 27:
A mathematician got an earful from his wife after wandering home at 3 a.m. "You are late!" she yelled. "You said you'd be home by 11.45!"
"Actually," the mathematician replied coolly, "I said I'd be home by a quarter of 12."
The linguist's husband caught his wife in the arms of another man. "Susan," he said,"I'm surprised!"
"No, I'm surprised," she corrected him. "You're astonished."
Comment: Perhaps "perturbed or shocked" if the husband deserves to be a practising husband.(sic)
Francis Shieh a.k.a. Xie Shihao,a lifelong student to study American English and American Culture of Humor to share with readers of Sino-American Economics of LOVE.
Friday,June 26, 2009 at 10.06 a.m.
Thursday, June 25, 2009
Positive Signs Spur FED to hold course
Washington Post, June 25, 2009 Page A1 A13:
An economist at California State University said: "It would have taken half a sentence to say 'when the time comes we are ready to exit.'" The economist interprets the omission as evidence that Chairman Ben Bernanke wants the central bank to remain focused on jump-starting the economy. He said it is not time yet for the FED to pull back. Inflation is unlikely to flare up because there is much slack in the economy, unemployment is expected to rise through 2010 and consumers and businesses are not spending.
GDP is moving very slowly as the result of human behavior in a nutshell. The actions of folks would be the yardstick of the economy. In USA and in China as well for us to witness the happenings in the days,weeks,months and years to come as empirical evidence.
Page A15: Photo of Zhao and his son ate lunch will billionaire investor Warren Buffett in New York. Buffett handed the boy his wallet and a stock tip.
Zhao pays $2.11 million for lunch with Buffett. Zhao is the manager of the hedge fund who owed his firm's 600% return over the past six years to lessons he learned from the Oracle of Omaha. Zhao changed his investment philosophy for the record-breaking bid in charity auction. The proceeds benefit the Glide Foundation, a San Francisco-based charity. Faith and Hope must be added to Charity as the leading words for "Life is worth living." making contributions to the intellectual society.
WashPost,June 21,09 page G2: Zen Masters. In Pin Yin:"Ren Ci" as benevolence: Los Angeles Lakers head coach Phil Jackson has won his 10th NBA championship. His spirituality is part of his guiding leadership philosophy, and it works for him. Such should work for all of us in the pursuit of philosophical underpinning.
Francis Shieh a.k.a. Xie Shihao on June 25, 2009 at 12.48 p.m.
An economist at California State University said: "It would have taken half a sentence to say 'when the time comes we are ready to exit.'" The economist interprets the omission as evidence that Chairman Ben Bernanke wants the central bank to remain focused on jump-starting the economy. He said it is not time yet for the FED to pull back. Inflation is unlikely to flare up because there is much slack in the economy, unemployment is expected to rise through 2010 and consumers and businesses are not spending.
GDP is moving very slowly as the result of human behavior in a nutshell. The actions of folks would be the yardstick of the economy. In USA and in China as well for us to witness the happenings in the days,weeks,months and years to come as empirical evidence.
Page A15: Photo of Zhao and his son ate lunch will billionaire investor Warren Buffett in New York. Buffett handed the boy his wallet and a stock tip.
Zhao pays $2.11 million for lunch with Buffett. Zhao is the manager of the hedge fund who owed his firm's 600% return over the past six years to lessons he learned from the Oracle of Omaha. Zhao changed his investment philosophy for the record-breaking bid in charity auction. The proceeds benefit the Glide Foundation, a San Francisco-based charity. Faith and Hope must be added to Charity as the leading words for "Life is worth living." making contributions to the intellectual society.
WashPost,June 21,09 page G2: Zen Masters. In Pin Yin:"Ren Ci" as benevolence: Los Angeles Lakers head coach Phil Jackson has won his 10th NBA championship. His spirituality is part of his guiding leadership philosophy, and it works for him. Such should work for all of us in the pursuit of philosophical underpinning.
Francis Shieh a.k.a. Xie Shihao on June 25, 2009 at 12.48 p.m.
Wednesday, June 24, 2009
Proposed "Zhong Hua Comprehensive Dictionary"
Hong Kong Phoenix TV reports on June 25, 2009 that the President MA of Taiwan would like to promote traditional Chinese characters as traditonal Chinese culture to be compared with the simplified Chinese characters for better understanding of Chinese culture.
The official of Taiwan Affairs of Chinese State Council supports the proposal to compile a "Zhong hua Comprehensive Dictionary" for cultural and ethnic coordination and collaboration across the straits.
I have reason to believe that such good idea would be endorsed by all those who are interested in the Chinese language for doing research from original source materials.
I had the opportunity to teach both traditional and simplified Chinese characters at the Foreign Service Institute of the State Department,Diplomatic Language Services and Dictyon,the gate to global languages from 2006 to date. Moreover, "A Glimpse of the Chinese Language" compares such with calligraphy as a form of art. Chinese language is a form of music as expressed in four tones in Mandarin. Wu dialect is more mellifluous as Shanghainese. Cf. www.rand.org for reference at pdg format free of charge as public service. Here is Sino-American Economics of Art and Music.(sic)
Francis Shieh a.k.a. Xie Shihao. Xie,my last name has 17 strokes in the traditonal and only 13 strokes in the simplified form . Some simplified characters are the same as the cursive form of the Chinese language. June 24, 2009 at 9.16 p.m.
The official of Taiwan Affairs of Chinese State Council supports the proposal to compile a "Zhong hua Comprehensive Dictionary" for cultural and ethnic coordination and collaboration across the straits.
I have reason to believe that such good idea would be endorsed by all those who are interested in the Chinese language for doing research from original source materials.
I had the opportunity to teach both traditional and simplified Chinese characters at the Foreign Service Institute of the State Department,Diplomatic Language Services and Dictyon,the gate to global languages from 2006 to date. Moreover, "A Glimpse of the Chinese Language" compares such with calligraphy as a form of art. Chinese language is a form of music as expressed in four tones in Mandarin. Wu dialect is more mellifluous as Shanghainese. Cf. www.rand.org for reference at pdg format free of charge as public service. Here is Sino-American Economics of Art and Music.(sic)
Francis Shieh a.k.a. Xie Shihao. Xie,my last name has 17 strokes in the traditonal and only 13 strokes in the simplified form . Some simplified characters are the same as the cursive form of the Chinese language. June 24, 2009 at 9.16 p.m.
Fading of the Dollar's Dominance with recommendations
Washington Post, June 24, 2009 page A19:(For details,please read www.Washpost online)
The International Monetary Fund(IMF) is now set to print $300 billion worth of SDR's - 10 times more than currently exist - for distribution to nations around the globe. They will effectively be held as reserve deposits by each nation's central bank.
C. Fred Bersten,Director of the Peterson Institute of International Economics said: "The dollar is going to lose some of its global status. So maybe it's time we just accepted that."
Some, like Bergsten, have argued the SDR's role should be taken a step further, allowing them to serve as a de facto global reserve currency. Bergsten has advocated, for instance, the idea of nations such as China trading in their dollars for SDR's, allowing for an orderly transition away from the greenback without causing a sharp fluctuation in the dollar's market value.
Such recommendation is similar to China's campaign for a new world monetary order, arguing that the financial crisis has exposed profound vulnerabilities in the US economy and financial system. Moreover, China has taken steps to increase the international role of the yuan i.e. RMB to a level commensurate with China's relatively new status as a major economic power.
The Productivity Revolution Trickles into Government: (Photo of Energy Secretary Steven Chu hired a management consultant to speed renewable energy loan guarantees to companies.)
I agree in toto as a former economist with US Department of Labor and published "Keys for Economic Understanding" to advocate the productivity revolution via education and training with "Work and Study Cycle" to be validated and implemented in USA or China. www.ask.com for reference. Both USA and China have common problems to be solved via human talents.
Francis Shieh a.k.a. Xie Shihao, a lifelong octogenarian student trying to promote lifelong education and training of folks with marketable skills to have jobs and to pay tax to boost revenue of US government during the current high rate of unemployment resulted from global financial crisis.
Energy officials concede that there were plenty of skeptics and naysayers, but most became enthusiastic converts to the new process. These days, it is not unusual to find members of the team working nights and weekends to meet Chu's ambitious deadlines. Query: Influence of Confucianism by virtue of Chu's ethnic background of Confucian influence for a good government in the United States with hard-working dedicated folks? I sent my previous blogs on Confucianism to be compared to "Wealth of Nations" by Adam Smith, a renowned professor of moral philosophy and economics.
Wednesday, June 24, 2009 at 10 a.m. to share my thoughts with readers online.
The International Monetary Fund(IMF) is now set to print $300 billion worth of SDR's - 10 times more than currently exist - for distribution to nations around the globe. They will effectively be held as reserve deposits by each nation's central bank.
C. Fred Bersten,Director of the Peterson Institute of International Economics said: "The dollar is going to lose some of its global status. So maybe it's time we just accepted that."
Some, like Bergsten, have argued the SDR's role should be taken a step further, allowing them to serve as a de facto global reserve currency. Bergsten has advocated, for instance, the idea of nations such as China trading in their dollars for SDR's, allowing for an orderly transition away from the greenback without causing a sharp fluctuation in the dollar's market value.
Such recommendation is similar to China's campaign for a new world monetary order, arguing that the financial crisis has exposed profound vulnerabilities in the US economy and financial system. Moreover, China has taken steps to increase the international role of the yuan i.e. RMB to a level commensurate with China's relatively new status as a major economic power.
The Productivity Revolution Trickles into Government: (Photo of Energy Secretary Steven Chu hired a management consultant to speed renewable energy loan guarantees to companies.)
I agree in toto as a former economist with US Department of Labor and published "Keys for Economic Understanding" to advocate the productivity revolution via education and training with "Work and Study Cycle" to be validated and implemented in USA or China. www.ask.com for reference. Both USA and China have common problems to be solved via human talents.
Francis Shieh a.k.a. Xie Shihao, a lifelong octogenarian student trying to promote lifelong education and training of folks with marketable skills to have jobs and to pay tax to boost revenue of US government during the current high rate of unemployment resulted from global financial crisis.
Energy officials concede that there were plenty of skeptics and naysayers, but most became enthusiastic converts to the new process. These days, it is not unusual to find members of the team working nights and weekends to meet Chu's ambitious deadlines. Query: Influence of Confucianism by virtue of Chu's ethnic background of Confucian influence for a good government in the United States with hard-working dedicated folks? I sent my previous blogs on Confucianism to be compared to "Wealth of Nations" by Adam Smith, a renowned professor of moral philosophy and economics.
Wednesday, June 24, 2009 at 10 a.m. to share my thoughts with readers online.
Tuesday, June 23, 2009
World Bank sees slow growth for economy
Washington Post, June 23, 2009 page A13:
Developing nations to be hit hardest.
The global economy is expected to start growing again during the second half of the year but at a pace much more subdued than might normally be the case.
World Bank officials said that if private capital were to return to developing nations, such outcomes could not only be averted but growth in developing nations could give the global economy a much -needed boost.
China's private sector has been expanding and such private sector would provide a contributing factor for global economic recovery.
Recovery's missing ingredient: New Jobs (Published by the Washington Post, June 22, 2009 on page A1)
Page A5: Lawrence Mishel, president of the Economic Policy Institute said:" I find it unfathomable that people are not horrified about what is going to happen. I regard all this talk about how the recession is, maybe going to end, all the talk about deficits and inflation, to be equivalent of telling Americans: You are just going to have to tough it out."
Mark Zandi, chief economist for Moody's Economy.com said:"It won't get back to full employment until 2013 or 2014.
High unemployment does not bode well for consumer spending, which accounts for about 70% of GDP, putting further pressure on the job market.
"Keys for Economic Understanding" addressed to job problems for reference. www.ask.com for reference.
In China, folks are uncertain about job propects especially college graduates and the situations are similar to the American scene. There is the common problems of Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao,a graduate student from China and an alumnus of Georgetown University Graduate School,Class of 1950. June 23, 2009 at 10.46 a.m.
Developing nations to be hit hardest.
The global economy is expected to start growing again during the second half of the year but at a pace much more subdued than might normally be the case.
World Bank officials said that if private capital were to return to developing nations, such outcomes could not only be averted but growth in developing nations could give the global economy a much -needed boost.
China's private sector has been expanding and such private sector would provide a contributing factor for global economic recovery.
Recovery's missing ingredient: New Jobs (Published by the Washington Post, June 22, 2009 on page A1)
Page A5: Lawrence Mishel, president of the Economic Policy Institute said:" I find it unfathomable that people are not horrified about what is going to happen. I regard all this talk about how the recession is, maybe going to end, all the talk about deficits and inflation, to be equivalent of telling Americans: You are just going to have to tough it out."
Mark Zandi, chief economist for Moody's Economy.com said:"It won't get back to full employment until 2013 or 2014.
High unemployment does not bode well for consumer spending, which accounts for about 70% of GDP, putting further pressure on the job market.
"Keys for Economic Understanding" addressed to job problems for reference. www.ask.com for reference.
In China, folks are uncertain about job propects especially college graduates and the situations are similar to the American scene. There is the common problems of Sino-American Economics.
Francis Shieh a.k.a. Xie Shihao,a graduate student from China and an alumnus of Georgetown University Graduate School,Class of 1950. June 23, 2009 at 10.46 a.m.
Taught to be taut:WashPost ,June 20, Page A15
Photo: Washington Nationals relief pitcher Ron Villone fires a pitch at Nationals Park on June 2nd 2009 for sports fans.
Paul Schwartz wrote:
English is such a hard language.
The past tense of think is thought.
The past tense of seek is sought.
Spell check couldn't find it,
But it should have been caught:
Villone's neck muscles were taut, not taught.
Comment:
Tension leads to muscle spasm. "Jin zhang" causes "chou jin" in Pin Yin system of romanization.
Chinese is a hard language as well. But folks in China study English to join the international community for the sake of brainstorming.
English-speaking folks study Chinese and "A Glimpse of the Chinese Language" would be useful for Westerners to start learning the Pin Yin system as phonetic equivalents of the Chinese characters initially.
Readers can get a free copy of pdf format of the above-mentioned paper at www.rand.org for reference. Chinese language is a form of art and music as known to the world.
Francis Shieh a.k.a. Xie Shihao,a promoter of cultural understanding of Sino-American economics via the Chinese language as the primary source material for humanistic enrichment in globalization.
Tuesday, June 23, 2009 at 10.02 a.m.
Paul Schwartz wrote:
English is such a hard language.
The past tense of think is thought.
The past tense of seek is sought.
Spell check couldn't find it,
But it should have been caught:
Villone's neck muscles were taut, not taught.
Comment:
Tension leads to muscle spasm. "Jin zhang" causes "chou jin" in Pin Yin system of romanization.
Chinese is a hard language as well. But folks in China study English to join the international community for the sake of brainstorming.
English-speaking folks study Chinese and "A Glimpse of the Chinese Language" would be useful for Westerners to start learning the Pin Yin system as phonetic equivalents of the Chinese characters initially.
Readers can get a free copy of pdf format of the above-mentioned paper at www.rand.org for reference. Chinese language is a form of art and music as known to the world.
Francis Shieh a.k.a. Xie Shihao,a promoter of cultural understanding of Sino-American economics via the Chinese language as the primary source material for humanistic enrichment in globalization.
Tuesday, June 23, 2009 at 10.02 a.m.
Monday, June 22, 2009
The Long March to the West:News China,June 5,09
The Cover"The Long March to the West" in News China magazine,June 5, 2009:
Page 50-51:
Confucius to become a global sage? Jim Knight, Britain's Minister of Schools, proposed "Confucius Classrooms" be set up in English public schools in hopes that the classrooms would help boost exam results. He said:"There is a lot we can learn from Chinese culture and Confucius" Confucius said that, alongside knowledge, you should have time to THINK. That reminds me of the motto of my alma mater St. John's University in Shanghai with such on the university seal. www.ask.com to search: St. John's University,Shanghai for verification.
Confucian values hold that society should be based on well-defined relationships between people both within a family and within the society, and in its essence lie the ideal of harmony and peace.
The popularity of a language is the reflection of the expectation of a promising future of a nation in globalization such as the English language as international language of business in the 20th century and in the 21st century as well. Chinese is in vogue in the 21st century as the result of China's economic status. Cantonese dialect was popular due to Hong Kong's international business success but Wu dialect(Shanghainese) is becoming popular for the same reason especially Shanghai will be the venue for World Expo in 2010.
I received my B.A. in China with studies on Confucianism and earned my M.A. with thesis on Confucianism(Confucius and Mencius) and my Ph.D.'s dissertation entitled "Work and Study Cycle Theory" as part and parcel of Confucianism.
It is to be noted that ethics and morality are stressed in Confucianism and such virtue is being included in MBA curriculum for the study of global economics.
Francis Shieh aka Xie Shihao. June 22, 2009
Page 50-51:
Confucius to become a global sage? Jim Knight, Britain's Minister of Schools, proposed "Confucius Classrooms" be set up in English public schools in hopes that the classrooms would help boost exam results. He said:"There is a lot we can learn from Chinese culture and Confucius" Confucius said that, alongside knowledge, you should have time to THINK. That reminds me of the motto of my alma mater St. John's University in Shanghai with such on the university seal. www.ask.com to search: St. John's University,Shanghai for verification.
Confucian values hold that society should be based on well-defined relationships between people both within a family and within the society, and in its essence lie the ideal of harmony and peace.
The popularity of a language is the reflection of the expectation of a promising future of a nation in globalization such as the English language as international language of business in the 20th century and in the 21st century as well. Chinese is in vogue in the 21st century as the result of China's economic status. Cantonese dialect was popular due to Hong Kong's international business success but Wu dialect(Shanghainese) is becoming popular for the same reason especially Shanghai will be the venue for World Expo in 2010.
I received my B.A. in China with studies on Confucianism and earned my M.A. with thesis on Confucianism(Confucius and Mencius) and my Ph.D.'s dissertation entitled "Work and Study Cycle Theory" as part and parcel of Confucianism.
It is to be noted that ethics and morality are stressed in Confucianism and such virtue is being included in MBA curriculum for the study of global economics.
Francis Shieh aka Xie Shihao. June 22, 2009
Sunday, June 21, 2009
Working toward a good life by Chris Shea, the reviewer
Washington Post, June 21, 2009 page B7:
"The Pleasures and Sorrows of Work" by Alain de Botton. Pantheon 326 pp.$26
For those who don't know de Botton's books, the author of the bestselling "Architecture of Happiness" is a writer of long, elegant sentences and Anglo wit.
Happiness is not material consumption over desire only as I sent my past blogs,intellectual pursuit, spiritual satisfaction and good health must be added to the nominator over the denominor of Desire to complet the Equation(Formula) for Happiness. I gave a lecture to that effect in Shanghai in 1981 and was published by Hunan Science and Technology Press in 1990.
"Educators and policymakers have made some basic philosophical and economic errors in their thinking about the labor market. Some top economists now argue that skilled trademan may actually be shielded from globalization." Such rationale may be found in "Keys for Economic Understanding"(1971) www.ask.com for reference.
Francis Shieh a.k.a. Xie Shihao sends my blog above on June 21, 2009 at 9.16 a.m.
"The Pleasures and Sorrows of Work" by Alain de Botton. Pantheon 326 pp.$26
For those who don't know de Botton's books, the author of the bestselling "Architecture of Happiness" is a writer of long, elegant sentences and Anglo wit.
Happiness is not material consumption over desire only as I sent my past blogs,intellectual pursuit, spiritual satisfaction and good health must be added to the nominator over the denominor of Desire to complet the Equation(Formula) for Happiness. I gave a lecture to that effect in Shanghai in 1981 and was published by Hunan Science and Technology Press in 1990.
"Educators and policymakers have made some basic philosophical and economic errors in their thinking about the labor market. Some top economists now argue that skilled trademan may actually be shielded from globalization." Such rationale may be found in "Keys for Economic Understanding"(1971) www.ask.com for reference.
Francis Shieh a.k.a. Xie Shihao sends my blog above on June 21, 2009 at 9.16 a.m.
Saturday, June 20, 2009
Wall Street Journal,June 19, 09 and Defense News,6/15
U.S. fortifies Hawaii to meet threat from North Korea(Photo) In anticipation of a missile test, the US is positioning off Hawaii a floating radar-like this are shown in a 2005 Boeing Photo.
The above is a sequel to the military contacts to be held in China on June 23 to June 24th.
Page C1: China ready to place bets on hedge funds with a photo of Lou Jiwei of China Investment Corporation . He sees opportunity apropos of Sino-American economics.
Sovereign-Wealth Fund controlling some 200 billion, bids to catch market's bottom; Blackstone in line for $500 million.
www.armforcesjournal May 2009 issue on page 15: Obama administration has promised a new pragmatic approach to everything from the economy to national defense.
Defense News,June 15, 2009 issue Headline on page 1:
Taiwan plans F-16 upgrade.
Would US sell to Taiwan to be pragmatic for the best interest of US-China economic relations to be compared with US-Taiwan economic relations?
The readers can have your own volition to answer such query for fairness.
Francis Shieh a.k.a. Xie Shihao,a watcher of economic development for peace and economic development in East Asia in the 21st century.
June 20, 2009 at 3.15 p.m.
The above is a sequel to the military contacts to be held in China on June 23 to June 24th.
Page C1: China ready to place bets on hedge funds with a photo of Lou Jiwei of China Investment Corporation . He sees opportunity apropos of Sino-American economics.
Sovereign-Wealth Fund controlling some 200 billion, bids to catch market's bottom; Blackstone in line for $500 million.
www.armforcesjournal May 2009 issue on page 15: Obama administration has promised a new pragmatic approach to everything from the economy to national defense.
Defense News,June 15, 2009 issue Headline on page 1:
Taiwan plans F-16 upgrade.
Would US sell to Taiwan to be pragmatic for the best interest of US-China economic relations to be compared with US-Taiwan economic relations?
The readers can have your own volition to answer such query for fairness.
Francis Shieh a.k.a. Xie Shihao,a watcher of economic development for peace and economic development in East Asia in the 21st century.
June 20, 2009 at 3.15 p.m.
Military Contacts between USA and China
Hong Kong Phoenix TV reports on June 20, 2009 for Morning News: -Released in the evening of June 19th 2009 in the East coast, USA.
A delegation from DOD including the Deputy Defense Secretary(a female) and high ranking official of the State Department will visit China on June 23-24th to discuss matters of mutual interest especially the current mssile launching announcement from North Korea on July 4 to July 8th as reported by Japanese sources.
US-China military contact was recommended by researchers at the RAND Corporation years ago but did not materialize due to delaying circumstances.
Such happening would be mutually beneficial as envisioned by Economist Richard Moorsteen when he published "Remaking China Policy",Harvard University Press, 1971.
"A Glimpse of the Chinese Language" published in 1965 hinting the Pin Yin system to be promoted i.e. urging China to join international community when the time comes. Such prediction may be found on page 8 for reference.
Francis Shieh a.k.a. Xie Shihao is glad to witness the on-going happenings for the best interests of two nations on both sides of the Pacific for cooperation and collaboration re globalization.
Saturday, June 20, 2009 at 10.30 a.m.
A delegation from DOD including the Deputy Defense Secretary(a female) and high ranking official of the State Department will visit China on June 23-24th to discuss matters of mutual interest especially the current mssile launching announcement from North Korea on July 4 to July 8th as reported by Japanese sources.
US-China military contact was recommended by researchers at the RAND Corporation years ago but did not materialize due to delaying circumstances.
Such happening would be mutually beneficial as envisioned by Economist Richard Moorsteen when he published "Remaking China Policy",Harvard University Press, 1971.
"A Glimpse of the Chinese Language" published in 1965 hinting the Pin Yin system to be promoted i.e. urging China to join international community when the time comes. Such prediction may be found on page 8 for reference.
Francis Shieh a.k.a. Xie Shihao is glad to witness the on-going happenings for the best interests of two nations on both sides of the Pacific for cooperation and collaboration re globalization.
Saturday, June 20, 2009 at 10.30 a.m.
Friday, June 19, 2009
Washington Times,June 19-20, 2009 with comments
Page A4:
"With rising fuel prices, interest rates and a lack of meaningful job creation, a potential near-term risk is that expectations and outlooks get reset and reflect the current economic data rather than simply things have to get better."
The above citation is Lingonomics as I stated in my blogs. Empirical evidence is yet to be coming in weeks,months and years to show the real fact from figures.
To get a job is to have marketable skills. One can supply the demand of society by having the skill that the society needs in the days to come. Cf. "Keys for Economic Understanding."
Medical Reform on page A9:
In the stimulus legislation, funding for Federal Coordinating Council for Comparative Effective Research used by economists in health care based often on age and for limiting care based on a patient's age.
A heart surgeon stated that it would lead to denying senior and the disable lifesaving care.
It is to be known that age is merely a number and any stereotyped generalization of age-unfriendly perception or reception is unfair and unjust lest the respect of the elderly as compassion apropos of Sino-American Economics with ethics and morality in humanity.
Francis Shieh a.k.a. Xie Shihao, an octogenarian to voice my thought online to the younger readers to understand the very fact that all folks are bound to be aging as years go by. Nobody would impugn such truth.
Page A20: Demand for health services will soar and the cost will be skyrocking in the days to come. Preventive care is to have good health via inexpensive food with nutrition plus exercises through walking for wellness.
Friday,June 19, 2009 at 2.36 p.m.
"With rising fuel prices, interest rates and a lack of meaningful job creation, a potential near-term risk is that expectations and outlooks get reset and reflect the current economic data rather than simply things have to get better."
The above citation is Lingonomics as I stated in my blogs. Empirical evidence is yet to be coming in weeks,months and years to show the real fact from figures.
To get a job is to have marketable skills. One can supply the demand of society by having the skill that the society needs in the days to come. Cf. "Keys for Economic Understanding."
Medical Reform on page A9:
In the stimulus legislation, funding for Federal Coordinating Council for Comparative Effective Research used by economists in health care based often on age and for limiting care based on a patient's age.
A heart surgeon stated that it would lead to denying senior and the disable lifesaving care.
It is to be known that age is merely a number and any stereotyped generalization of age-unfriendly perception or reception is unfair and unjust lest the respect of the elderly as compassion apropos of Sino-American Economics with ethics and morality in humanity.
Francis Shieh a.k.a. Xie Shihao, an octogenarian to voice my thought online to the younger readers to understand the very fact that all folks are bound to be aging as years go by. Nobody would impugn such truth.
Page A20: Demand for health services will soar and the cost will be skyrocking in the days to come. Preventive care is to have good health via inexpensive food with nutrition plus exercises through walking for wellness.
Friday,June 19, 2009 at 2.36 p.m.
The current events in USA and the past happenings in my mind
Washington Post,June 19, 2009 Headline on page A1:
Lawmakers balk as administration tries to redefine central bank's role.(The FED)
High price tag for reform bill prompts sparring and a delay.(Health Care)
Page A5: Senate backs apology for slavery. It is known that Chinese workers built railroad with hardship to contribute their labor in American history. Here is Sino-American economics of labor. Such facts have been published in textbooks for reference.
Francis Shieh a.k.a. Xie Shihao, i.e. thanks from a hero of poetry. Poetry has healing effect in psychiatry as published on page B6 in the Washington Post apropos of Kenneth P. Gorelick. Dr. Gorelick went to Columbia, Yale and Harvard medical schools and accepted a Fulbright fellowship to France to study French language and literature as a man of letters.
I came to USA as a graduate student in 1947 to study American English from coast to coast. English is from Englisc from Angle i.e. folks came to British Isles in the 5th century. English is to be studied by students with tenacity. "Rong ren " two Chinese characters in Pin Yin system of romanization. In other words,learners must have patience and endurance. I started to learn English when I was in the third grade in Shanghai. But I am still a student as an octogenarian now. American English is a part of American culture and economics is also the centerpiece of culture. The effort is valiant and such study is worth pursuing. It is not about the success but the fun to be enjoyed for survival in USA. Friday, June 19, 2009 at Andrews AF Base Library to share my thoughts with readers online. Thank you for your time in reading and have a great weekend to celebrate Father's Day in USA on Sunday,June 21, 2009. I remember my father, a Professor of English at Anglo-Chinese College ,who passed away when I was seven years old in Shanghai, China. That was 1933, 76 years ago! Perhaps I have a tenacious memory as a lifelong student.
Lawmakers balk as administration tries to redefine central bank's role.(The FED)
High price tag for reform bill prompts sparring and a delay.(Health Care)
Page A5: Senate backs apology for slavery. It is known that Chinese workers built railroad with hardship to contribute their labor in American history. Here is Sino-American economics of labor. Such facts have been published in textbooks for reference.
Francis Shieh a.k.a. Xie Shihao, i.e. thanks from a hero of poetry. Poetry has healing effect in psychiatry as published on page B6 in the Washington Post apropos of Kenneth P. Gorelick. Dr. Gorelick went to Columbia, Yale and Harvard medical schools and accepted a Fulbright fellowship to France to study French language and literature as a man of letters.
I came to USA as a graduate student in 1947 to study American English from coast to coast. English is from Englisc from Angle i.e. folks came to British Isles in the 5th century. English is to be studied by students with tenacity. "Rong ren " two Chinese characters in Pin Yin system of romanization. In other words,learners must have patience and endurance. I started to learn English when I was in the third grade in Shanghai. But I am still a student as an octogenarian now. American English is a part of American culture and economics is also the centerpiece of culture. The effort is valiant and such study is worth pursuing. It is not about the success but the fun to be enjoyed for survival in USA. Friday, June 19, 2009 at Andrews AF Base Library to share my thoughts with readers online. Thank you for your time in reading and have a great weekend to celebrate Father's Day in USA on Sunday,June 21, 2009. I remember my father, a Professor of English at Anglo-Chinese College ,who passed away when I was seven years old in Shanghai, China. That was 1933, 76 years ago! Perhaps I have a tenacious memory as a lifelong student.
Thursday, June 18, 2009
Sequel to Longevity and US Citizenship:WashTimes
Washington Times,June 18, 2009: Page A3:
Don't worry, be happy, researchers say at NIH: Such rationale is the same as my prior blogs.
"Say "Hello, "get socializing, be joyful! Medical researchers have established a direct link between a buoyant, outgoing personality and better health. " I do believe such friendly inner peace.
"Extroverts - particularly those who are happily engaged in their everyday lives i.e. having dispositional energy or a sense of innate vigor to be intrinsically involved in life such as learning things they enjoy as a therapy." Needless to say, lifestyles and attitudes do have a bearing with longevity. Think about the old days in school as students and you would be happy as professionals now. However, I still feel like a student to learn things on daily basis.
Cheerful upbeat would have dramatically lower blood levels of an inflammatory chemical linked to clogged artiries, heart attacks and strokes. Happiness is not meterial consumption over desire as I sent my blogs.
Page B1:
Under the pilot program known as Military Accessions Vital to National Interest or MAVNI, up to 1,000 foreigners who legally have been in the US for two years can earn their US citizenship by signing up if they have medical or LINGUISTIC skills that are in special demand in USA.
Due to my linguistic skills in Mandarin and Wu dialect(Shanghainese), I earned US citizenship in 1954, circa 55 years ago! At present, I am on the faculty at www.Dictyon.net to enjoy my teaching and learning from 2006 to date. As I stated in my prior blogs,teaching is learning twice. Chinese language is a form or art and music. I trust most folks like art and music.
"A Glimpse of the Chinese Language" is dedicated to all those who wish to understand the art and music of the Chinese language. Visit www.rand.org to have a free copy for reference.
Drink tea and study the Chinese language would be enjoyment for those who wish to have cultural enrichment in the 21st century. Here is the meeting ground of Sino-American Economics of wellness as human capital East and West are ONE on the globe.
Francis Shieh a.k.a. Xie Shihao on Thursday, June 18, 2009 at 2.52 p.m.
Obama defends financial oerhaul:WashPost,6/18/09
Page A1:
Million of Americans who have worked hard and behaved responsibly have seen their life dreams eroded by the irresponsibility of others and the failure of their government to provide adequate oversight."
Page A14: The Consumer Finance Protection Agency is built on the ideas of Elizabeth Warren, the Harvard Law Professor who leads the panel overseeing TARP.
Consumer groups have long sought increased enforcement of consumer protection laws. They have been invigorated in recent months by the carnage of the financial crisis and by clear signs that they have the president's ear. But they still face the formidable opposition of trade groups such as the American Bankers Association. That remains to be seen.
EXPRESS paper on page 3: "Obama blamed the financial crisis on a culture of irresponsibility that he said had taken root from Wall Street to Washington to Main Street, and he said regulations crafted to deal with the Depression of the 1930s had been overwhelmed by the speed, scope and sophistication of a 21st centuiry global economy.: Photo of Treasury Secretary Timothy Geithner,President Obama and FED Chairman Ben Bernanke at the White House on Wesdnesday.
Page A4: Improving public health can reduce Medicare spending on particular problems. However,helping folks live longer and healthier lives can increase the burden they put on the federal government, partly because they will spend more time collecting Medicare and Social Security benefits, the Congressional Budget Office reported.
If we live to be centenarians,we would be rendering disservice to US government. However,we have been paying tax during our working decades. That is the fair return as the rebates.
Page A8:THREE CUPS OF TEA: Three books that have changed the way people think about chaning the world. Drinking tea is a good habit and to change the taste of coffee for good health.
Three #1 New York Times bestsellers for the whole family. "One only hoppes U.S. policy makers read this books." -The Philadelphia Inquirer.
Francis Shieh a.k.a. Xie Shihao, an octogenarian tea drinker to share such useful info to readers of Sino-American economics. Tea for two would be an idea and an ideal companionship.
Thursday,June 18, 2009 at 11.46 a.m. at Andrews AF Base Library blogging online to render public service for humankind.
Thanks for your time in reading my blogs with appreciation. Have a great day,everyday.
Million of Americans who have worked hard and behaved responsibly have seen their life dreams eroded by the irresponsibility of others and the failure of their government to provide adequate oversight."
Page A14: The Consumer Finance Protection Agency is built on the ideas of Elizabeth Warren, the Harvard Law Professor who leads the panel overseeing TARP.
Consumer groups have long sought increased enforcement of consumer protection laws. They have been invigorated in recent months by the carnage of the financial crisis and by clear signs that they have the president's ear. But they still face the formidable opposition of trade groups such as the American Bankers Association. That remains to be seen.
EXPRESS paper on page 3: "Obama blamed the financial crisis on a culture of irresponsibility that he said had taken root from Wall Street to Washington to Main Street, and he said regulations crafted to deal with the Depression of the 1930s had been overwhelmed by the speed, scope and sophistication of a 21st centuiry global economy.: Photo of Treasury Secretary Timothy Geithner,President Obama and FED Chairman Ben Bernanke at the White House on Wesdnesday.
Page A4: Improving public health can reduce Medicare spending on particular problems. However,helping folks live longer and healthier lives can increase the burden they put on the federal government, partly because they will spend more time collecting Medicare and Social Security benefits, the Congressional Budget Office reported.
If we live to be centenarians,we would be rendering disservice to US government. However,we have been paying tax during our working decades. That is the fair return as the rebates.
Page A8:THREE CUPS OF TEA: Three books that have changed the way people think about chaning the world. Drinking tea is a good habit and to change the taste of coffee for good health.
Three #1 New York Times bestsellers for the whole family. "One only hoppes U.S. policy makers read this books." -The Philadelphia Inquirer.
Francis Shieh a.k.a. Xie Shihao, an octogenarian tea drinker to share such useful info to readers of Sino-American economics. Tea for two would be an idea and an ideal companionship.
Thursday,June 18, 2009 at 11.46 a.m. at Andrews AF Base Library blogging online to render public service for humankind.
Thanks for your time in reading my blogs with appreciation. Have a great day,everyday.
Wednesday, June 17, 2009
HEADLINE: Obama deepens FED role in markets
Washington Post,June 17, 2009 on page A1:
Umpire or vampire? That is the query of queries.
When we play ball,we need a referee but suppose the referee is unsure then the referee is not really an umpire. However,if there is no referee,who knows the rules and the regulators?Awin-win situation,there is no need of any. Let the market decide the price,any price if it is a free price to be paid by the folks.
Who calls the shots? The buyer or the seller? Let us ponder the refinements to find out if it is freshly baked cookie or otherwise?That is supposed to be a joke. Laugh it off. You got it made when you are kicking the ball. However,if it is a handball,there is no need to kick it but to hold it like an American football not the British soccer. Remember 1812,the British are coming and the Star and Spangled inspired Francis Scott Key to compose such historical song of the nation.
Francis,the admirer of Francis Scott Key and Francis Xavier or Francis Assisi on Wednesday,June 17, 2009 with desultory thoughts above.
P.S. COMICS published by the WashPost,June 17, 2009 on page C10
PICKLES: The boy asked "Will you tell me one of your cowboy poems,Grandma?" "Okay,pard." Grandpa replied and said:"I ain't much of a cowboy,just a little. I ain't got no cattle,just a kittle.""I can't rope nor ride,nor brand a cow's hide." "But I can shoot the bull,whittle and spittle." The Grandpa is a poet in disguise. A poet is the one who composes poems or spoofs?
Perhaps the Comics would be the key of keys to solve the riddle wrapped in an enigma!
Enough is enough for random thoughts today. At 3.22 p.m.
Umpire or vampire? That is the query of queries.
When we play ball,we need a referee but suppose the referee is unsure then the referee is not really an umpire. However,if there is no referee,who knows the rules and the regulators?Awin-win situation,there is no need of any. Let the market decide the price,any price if it is a free price to be paid by the folks.
Who calls the shots? The buyer or the seller? Let us ponder the refinements to find out if it is freshly baked cookie or otherwise?That is supposed to be a joke. Laugh it off. You got it made when you are kicking the ball. However,if it is a handball,there is no need to kick it but to hold it like an American football not the British soccer. Remember 1812,the British are coming and the Star and Spangled inspired Francis Scott Key to compose such historical song of the nation.
Francis,the admirer of Francis Scott Key and Francis Xavier or Francis Assisi on Wednesday,June 17, 2009 with desultory thoughts above.
P.S. COMICS published by the WashPost,June 17, 2009 on page C10
PICKLES: The boy asked "Will you tell me one of your cowboy poems,Grandma?" "Okay,pard." Grandpa replied and said:"I ain't much of a cowboy,just a little. I ain't got no cattle,just a kittle.""I can't rope nor ride,nor brand a cow's hide." "But I can shoot the bull,whittle and spittle." The Grandpa is a poet in disguise. A poet is the one who composes poems or spoofs?
Perhaps the Comics would be the key of keys to solve the riddle wrapped in an enigma!
Enough is enough for random thoughts today. At 3.22 p.m.
National Symphony Orchestra in Shanghai et al
Washington Post, June 17, 2009 on page C1,C8:
NSO found itself Sunday night at the unlikely venue of a conference-center theater in the dusty midsize city of Xi'an (population 8.5 million), where visiting ensembles the size of the NSO are a rare and rather splendid event.
Photo: NSO's Stephen Dumaine shows off his tuba to students at a Shanghai elementary school where some NSO musicians performed.
NSO polishes its act at last stops in China: Photo of Concertmaster Nurit Bar-Josef warms up backstage for the NSO's concert Tuesday in Shanghai.
In Beijing, the orchestra was the guest of the Ministry of Culture, which issued the initial invitation to the NSO in commemoration of the 30th anniversary of US-Chinese diplomatic relations. Dow Chemical has a regional headquarter in Shanghai. NSO musicians played in the atrium of Dow's new Hq. built for 2,000 employees, and then at a bilingual elementary school, its halls lined with bulletin boards pinned full of art projects. The only obvious difference between it and an American elementary school is that when a cellist asked a room full of first and second-graders who could read music, most of them raised their hands. At the end of the event Dow's senior VP James McIlvenny, took the mike and addressed the children, saying he hoped they would all grow up to be scientists or musicians.
I can detect that he would equate musicians and scientists as contributors to Sino-American economics. Music can across the Pacific to entertain folks on both sides of the Pacific.
Page A20: Letter to the Editor from Robert Rosenbaum: When Francis Scott Key wrote "The Star-Spangled Banner," during the War of 1812, it was unclear whether our then-young nation would survive. His words conveyed an urgent longing that this experiment in a republican form of government would be preserved and that its flag would yet wave.
"Business Week" magazine, June 22, 2009 issue: Bonanza in China but China's stakes in Wall Street Shrivel."wei-suo- le" in Pin Yin system of romanization.
Goldman Sachs bagged $1.9 billion on June 2nd when sold less than 1% of ICBC (Industrial and Commercial Banking Corporation) while Bank of America pocketed $ 7.3 billion last month for 5.6% of China Construction Bank. Here is Sino-American Economics in evidence.
Francis Shieh: Francis is named after Francis Scott Key with missionary zeal of Francis Xavier or Francis Assisi with faith,hope and charity. My Chinese name is: shihao i.e. hero of poetry. It is known that poems are borderless across the Pacific Ocean with the lyrics that folks would cherish in the minds and hearts for partnership,peace and prosperity.(PPP) But we must also detect Purchasing Power Parity(PPP) apropos of Sino-American Economics. My case rests here for readers to ponder and reflect the very nature of Economics in every shape and form of such studies in terms of globalization.
Wednesday, June 17, 2009 at 9.56 a.m.
NSO found itself Sunday night at the unlikely venue of a conference-center theater in the dusty midsize city of Xi'an (population 8.5 million), where visiting ensembles the size of the NSO are a rare and rather splendid event.
Photo: NSO's Stephen Dumaine shows off his tuba to students at a Shanghai elementary school where some NSO musicians performed.
NSO polishes its act at last stops in China: Photo of Concertmaster Nurit Bar-Josef warms up backstage for the NSO's concert Tuesday in Shanghai.
In Beijing, the orchestra was the guest of the Ministry of Culture, which issued the initial invitation to the NSO in commemoration of the 30th anniversary of US-Chinese diplomatic relations. Dow Chemical has a regional headquarter in Shanghai. NSO musicians played in the atrium of Dow's new Hq. built for 2,000 employees, and then at a bilingual elementary school, its halls lined with bulletin boards pinned full of art projects. The only obvious difference between it and an American elementary school is that when a cellist asked a room full of first and second-graders who could read music, most of them raised their hands. At the end of the event Dow's senior VP James McIlvenny, took the mike and addressed the children, saying he hoped they would all grow up to be scientists or musicians.
I can detect that he would equate musicians and scientists as contributors to Sino-American economics. Music can across the Pacific to entertain folks on both sides of the Pacific.
Page A20: Letter to the Editor from Robert Rosenbaum: When Francis Scott Key wrote "The Star-Spangled Banner," during the War of 1812, it was unclear whether our then-young nation would survive. His words conveyed an urgent longing that this experiment in a republican form of government would be preserved and that its flag would yet wave.
"Business Week" magazine, June 22, 2009 issue: Bonanza in China but China's stakes in Wall Street Shrivel."wei-suo- le" in Pin Yin system of romanization.
Goldman Sachs bagged $1.9 billion on June 2nd when sold less than 1% of ICBC (Industrial and Commercial Banking Corporation) while Bank of America pocketed $ 7.3 billion last month for 5.6% of China Construction Bank. Here is Sino-American Economics in evidence.
Francis Shieh: Francis is named after Francis Scott Key with missionary zeal of Francis Xavier or Francis Assisi with faith,hope and charity. My Chinese name is: shihao i.e. hero of poetry. It is known that poems are borderless across the Pacific Ocean with the lyrics that folks would cherish in the minds and hearts for partnership,peace and prosperity.(PPP) But we must also detect Purchasing Power Parity(PPP) apropos of Sino-American Economics. My case rests here for readers to ponder and reflect the very nature of Economics in every shape and form of such studies in terms of globalization.
Wednesday, June 17, 2009 at 9.56 a.m.
Tuesday, June 16, 2009
USAToday,June 16, 09 page 8A Five Guys Burgers
It is a role model to have such a multimillion dollar business with quality fastfood chain without stimulus funding from Uncle Sam.
Panda Express is doing well as well in USA.
Page 6D:
New terra-cotta warrior dig begins:-
Scientists have restarted excavation work at the burial site of China's famous terra cotta army after 20 years, armed with technology that would preserve the original colors of the 2,000 year-old sculptures near Xian.
Francis Shieh a.k.a. Xie Shihao who visited Xian in 2001 with fond memories.
June 16,2009 at 2.56 p.m.
Panda Express is doing well as well in USA.
Page 6D:
New terra-cotta warrior dig begins:-
Scientists have restarted excavation work at the burial site of China's famous terra cotta army after 20 years, armed with technology that would preserve the original colors of the 2,000 year-old sculptures near Xian.
Francis Shieh a.k.a. Xie Shihao who visited Xian in 2001 with fond memories.
June 16,2009 at 2.56 p.m.
WashPost,June 16,09,A21:The Return of Capitalism
Fareed Zakaria,editor of Newsweek wrote in the conclusion:
"American capitalism is being rebalanced, reregulated and restored. There is still a long road ahead. There will be many more bankruptcies. Banks will have to slowly earn their way out of their problems or die. Consumers will save more before they start spending again. Mountains of debt will have to be reduced."
Would American consumers save as the Chinese do? The lifestyles are different,indeed! Ethics and morality of Adam Smith, Ben Franklin to be compared with Confucius and Mencius apropos of human capital to be involved in Sino-American economics. That would mean bi-lateral divison of labor for mutual benefit as I focused in "Work and Study Cycle Theory" (1978) Cf. www.Ask.com for reference. Such issue is to be validated and implemented in the US and in China for the wellbeing of humanity re globalization.
COMICS: Washington Post, June 16, 2009 on page C9:
PICKLES: The elderly gentleman says "Flea Paddle" "Knee straddle. Bee faddle. Pea saddle. Tree waddle." The elderly lady raised a query:"Are you having a stroke?" Her husband answered:"No. I'm writing cowboy poety. What rhymes with skedaddle? "
That rings the bell for a typical Beijing expression:"di-er-le" for "running away" A Beijing native taught me such for "bye" and I like such Beijing slang very much to share with readers of Sino-American Economics of Skedaddle in a jiffy on the go all the time. (sic)That is the American culture I have noticed since 1947 to date in 2009. June 16, 2009 at 11.02 a.m.
"American capitalism is being rebalanced, reregulated and restored. There is still a long road ahead. There will be many more bankruptcies. Banks will have to slowly earn their way out of their problems or die. Consumers will save more before they start spending again. Mountains of debt will have to be reduced."
Would American consumers save as the Chinese do? The lifestyles are different,indeed! Ethics and morality of Adam Smith, Ben Franklin to be compared with Confucius and Mencius apropos of human capital to be involved in Sino-American economics. That would mean bi-lateral divison of labor for mutual benefit as I focused in "Work and Study Cycle Theory" (1978) Cf. www.Ask.com for reference. Such issue is to be validated and implemented in the US and in China for the wellbeing of humanity re globalization.
COMICS: Washington Post, June 16, 2009 on page C9:
PICKLES: The elderly gentleman says "Flea Paddle" "Knee straddle. Bee faddle. Pea saddle. Tree waddle." The elderly lady raised a query:"Are you having a stroke?" Her husband answered:"No. I'm writing cowboy poety. What rhymes with skedaddle? "
That rings the bell for a typical Beijing expression:"di-er-le" for "running away" A Beijing native taught me such for "bye" and I like such Beijing slang very much to share with readers of Sino-American Economics of Skedaddle in a jiffy on the go all the time. (sic)That is the American culture I have noticed since 1947 to date in 2009. June 16, 2009 at 11.02 a.m.
Monday, June 15, 2009
Mao & Again: Chinese Warm to distant echo
Washington Post, June 15, 2009 STYLE section: page C1,C5:
The National Center for the Performing Arts in Beijing is in the middle of its first opera festival. The event is conceived a scale to match the huge glass-domed building: 13 operas in 79 days involving 10 opera companies, both national(Shanghai Opera) and international(Teatro Regio di Parma), and more than 2,000 artists.
Some of the operas are traditonal Western fare: "La Boheme, ""Rigoletto,""Turandot," But four of them are Chinese, and of these, two are vintage works of socialist realism:"The Red Guards on Honghu Lake" and "Jiang Jie" for "Sister Jiang") which opened on Tursday for a run of three performances by the Art Troupe of the Air Force Political Department of the PLA.
Opera Fans in Beijing show a taste for revolution: Page C5
Its vocal lines -Jiang Jie's part, in particular, which was sung on Friday by Yi Hongyuan - are more nasal, high and piercing than the Western ideal, and, not surprisingly, bear a Chinese pentatonic coloring. Still, this is a traditional number piece, in form more Broadway musical than opera either Chinese or Western, shored up by stirring songs and choruses, arcing lines from a solo violin or full-voiced baying from the orchestra (lead by Jiang Xiebin in full military regalia, as befits an Air Force officer).
Here is the combo of the East and the West in musical arts.
Radio WTOP just announced car sales are doing well in China with the cost of US$ 6,000 for American reference.
Francis Shieh a.k.a. Xie Shihao to stay informed about US-China economics in action.
Monday,June 15, 2009 at 8.38 a.m.
The National Center for the Performing Arts in Beijing is in the middle of its first opera festival. The event is conceived a scale to match the huge glass-domed building: 13 operas in 79 days involving 10 opera companies, both national(Shanghai Opera) and international(Teatro Regio di Parma), and more than 2,000 artists.
Some of the operas are traditonal Western fare: "La Boheme, ""Rigoletto,""Turandot," But four of them are Chinese, and of these, two are vintage works of socialist realism:"The Red Guards on Honghu Lake" and "Jiang Jie" for "Sister Jiang") which opened on Tursday for a run of three performances by the Art Troupe of the Air Force Political Department of the PLA.
Opera Fans in Beijing show a taste for revolution: Page C5
Its vocal lines -Jiang Jie's part, in particular, which was sung on Friday by Yi Hongyuan - are more nasal, high and piercing than the Western ideal, and, not surprisingly, bear a Chinese pentatonic coloring. Still, this is a traditional number piece, in form more Broadway musical than opera either Chinese or Western, shored up by stirring songs and choruses, arcing lines from a solo violin or full-voiced baying from the orchestra (lead by Jiang Xiebin in full military regalia, as befits an Air Force officer).
Here is the combo of the East and the West in musical arts.
Radio WTOP just announced car sales are doing well in China with the cost of US$ 6,000 for American reference.
Francis Shieh a.k.a. Xie Shihao to stay informed about US-China economics in action.
Monday,June 15, 2009 at 8.38 a.m.
Sunday, June 14, 2009
WashPost,Mini Page:The Father of ...
Father of biology: Aristotle is known as one of the greatest philosophers, or thinkers, of all time. He founded a school for science and collected much info about plants and animals.
Father of military strategy: Sun Tzu,should be: Sun zi in Pin Yin sytem. "The Art of War" is still studied by the military and by business folks. His tips include:"Keep your friends close, and your enemies closer." There is the contradiction or otherwise? Words to the wise is sufficient.
Father of American Literature: Mark Twain is famous for his sharp humor about society. (1835-1910) He was born in Missouri and named Samuel Langhorne Clements. His humor is appreciated by Chinese as well. Western humor and Eastern Humor can be united for human humor..
Father of medicine: Hippocrates was a physician in Greece. The Chinese conterpart was Hua Duo,known to Chinese scholars. Good Chinese physicians are nicknamed as "Contemporary Hua Duo" as a status of honor.
Father of Shieh offspring: The ageless student who strives to be a centenarian by learning from Mark Twain for humor,Hua Duo for good health, Sun Zi for business economics and Aristotle and Plato to be compared with Mencius and Confucius for philosophy.
Francis Shieh is a lifelong graduate student from China to study American English,American economics plus the study of Greek philosophers to be compared with Confucianism.
Sunday, June 14, 2009 at 7.52 p.m.
Father of military strategy: Sun Tzu,should be: Sun zi in Pin Yin sytem. "The Art of War" is still studied by the military and by business folks. His tips include:"Keep your friends close, and your enemies closer." There is the contradiction or otherwise? Words to the wise is sufficient.
Father of American Literature: Mark Twain is famous for his sharp humor about society. (1835-1910) He was born in Missouri and named Samuel Langhorne Clements. His humor is appreciated by Chinese as well. Western humor and Eastern Humor can be united for human humor..
Father of medicine: Hippocrates was a physician in Greece. The Chinese conterpart was Hua Duo,known to Chinese scholars. Good Chinese physicians are nicknamed as "Contemporary Hua Duo" as a status of honor.
Father of Shieh offspring: The ageless student who strives to be a centenarian by learning from Mark Twain for humor,Hua Duo for good health, Sun Zi for business economics and Aristotle and Plato to be compared with Mencius and Confucius for philosophy.
Francis Shieh is a lifelong graduate student from China to study American English,American economics plus the study of Greek philosophers to be compared with Confucianism.
Sunday, June 14, 2009 at 7.52 p.m.
Desultory Remarks on a Sunday aftersoon, June 14,09
At the very moment, I poked about every nook and corner of my reflective soul. I may be baffled but I do have my objective measure of the in-depth search of my life.
It is the spirituality that I feel gratified, but ultimately it was the decision in Shanghai that I had to make to keep moving with courage and to manage what I had lost but also fully appreciate what I could gain: living on the terms with" He li,he fa and he qing." in Pin Yin.
In reading Comics of Family circus: The kids are having a meeting by saying: Know what? Today is yesterday's tomorrow and it's tomorrow's yesterday." Such is the mindset in the positive manner with ideas and ideals. Savvy?
Close to Home Reality: Congratulations to class of 2009: "Graduating with honors in physics. Brad will be a mall janitor. Joseph Ferg, summa cum laude in math, will be selling pretzels in Manhattan.." That is the way of life under the conditions of global economic crisis. Could be in the US or in China as well.
Francis Shieh a.k.a Xie Shihao,a mature octogenarian for humorous living in the mundane world with random thoughts.
Sunday, June 14, 2009 at 2 p.m.
It is the spirituality that I feel gratified, but ultimately it was the decision in Shanghai that I had to make to keep moving with courage and to manage what I had lost but also fully appreciate what I could gain: living on the terms with" He li,he fa and he qing." in Pin Yin.
In reading Comics of Family circus: The kids are having a meeting by saying: Know what? Today is yesterday's tomorrow and it's tomorrow's yesterday." Such is the mindset in the positive manner with ideas and ideals. Savvy?
Close to Home Reality: Congratulations to class of 2009: "Graduating with honors in physics. Brad will be a mall janitor. Joseph Ferg, summa cum laude in math, will be selling pretzels in Manhattan.." That is the way of life under the conditions of global economic crisis. Could be in the US or in China as well.
Francis Shieh a.k.a Xie Shihao,a mature octogenarian for humorous living in the mundane world with random thoughts.
Sunday, June 14, 2009 at 2 p.m.
Saturday, June 13, 2009
Best orchestral musicians visit College Park each June
Photo of a girl (19)of Asian ethnicity with her violin to be playing. Violist Rebecca Gu,a senior at the University of Maryland rehearses for an upcoming chamber orchestra performance as part of the National Orchestral Institute at the University of Maryland. Her Last Name" Gu " is in Pin Yin romanization of Chinese ancestry.The Wade-Giles system would be "Ku." For comparisons of different systems of romanization.
For detailed explanations,see "A Glimpse of the Chinese Language" available at www.rand.org free of charge for public service in pdf format. Read below of my Last Name for reference as well. The Library of Congress has adopted the official Pin Yin system but my works are still listed under the Last Name of SHIEH. Too much hassle to change but the sound is close enough.
For the 2009 NOI's program, go to www.Gazette.net/links.
Here is an evidence of Sino-American Economics of Human Capital, the Merge of the talents from the East and the West on earth.
Francis Shieh aka Xie Shihao(in Pin Yin) Hsieh Shihao(Wade -Giles) but Hsieh is difficult to pronounce so the University of San Francisco changed to Shieh in 1947 when I was admitted as a special graduate student from China. My father's Last Name is "Zia". the Wu dialect of the Shanghai mellifluous tone. I do not mind as long my last name sounds like the Chinese character to mean "Thank" with 17 strokes in traditional but 13 strokes in simplified form of the Chinese character. My Irish-American friends call me "Shay" "Shea" of even "O'Shea" I do not mind at all to share their Irish humor. Well,we are all homosapiens in the name of humanity.
Saturday,June 13, 2009 at 11 a.m.
For detailed explanations,see "A Glimpse of the Chinese Language" available at www.rand.org free of charge for public service in pdf format. Read below of my Last Name for reference as well. The Library of Congress has adopted the official Pin Yin system but my works are still listed under the Last Name of SHIEH. Too much hassle to change but the sound is close enough.
For the 2009 NOI's program, go to www.Gazette.net/links.
Here is an evidence of Sino-American Economics of Human Capital, the Merge of the talents from the East and the West on earth.
Francis Shieh aka Xie Shihao(in Pin Yin) Hsieh Shihao(Wade -Giles) but Hsieh is difficult to pronounce so the University of San Francisco changed to Shieh in 1947 when I was admitted as a special graduate student from China. My father's Last Name is "Zia". the Wu dialect of the Shanghai mellifluous tone. I do not mind as long my last name sounds like the Chinese character to mean "Thank" with 17 strokes in traditional but 13 strokes in simplified form of the Chinese character. My Irish-American friends call me "Shay" "Shea" of even "O'Shea" I do not mind at all to share their Irish humor. Well,we are all homosapiens in the name of humanity.
Saturday,June 13, 2009 at 11 a.m.
Friday, June 12, 2009
TIME magazine,June 15, 2009
Page 42: Sino-American Economics of the Spirit in terms of globalization of worship: -
Decoding God's changing moods: The ancient Scripture of Judaism, Christianity and Islam reveal a pattern and if we read it correctly, there may be hope for reconciliation and religious harmony.
In a harmonious society in China, "Laotianye" is to address the Divine and such religious harmony is in evidence together with the Chinese tradition of observing Confucianism from generations to generations as a way of life with ethics and morality. There has never been any religious conflict per se due to the generally accepted demeanor under the influence of Confucianism.
Francis Shieh a.k.a. Xie Shihao sharing other views with respect and dignity on June 12, 2009.
Decoding God's changing moods: The ancient Scripture of Judaism, Christianity and Islam reveal a pattern and if we read it correctly, there may be hope for reconciliation and religious harmony.
In a harmonious society in China, "Laotianye" is to address the Divine and such religious harmony is in evidence together with the Chinese tradition of observing Confucianism from generations to generations as a way of life with ethics and morality. There has never been any religious conflict per se due to the generally accepted demeanor under the influence of Confucianism.
Francis Shieh a.k.a. Xie Shihao sharing other views with respect and dignity on June 12, 2009.
Beijing's Cool Space, Warmest of NSO Sounds with harmony
Washington Post, STYLE section page C1,C2.
Beijing, June 12 - The National Symphony Orchestra played its first concert here Thursday night - the second stop of its ongoing 10-day tour of China and South Korea - in a cool, shimmering, predominantly silver theater that is at once traditional and futuristic.
The concert took place at the National Center for the Performing Arts-commonly known as "The Egg" which opened in 2007.
Audience members applaud the NSO concert in Beijing's National Center for the Performing Arts.
Fittingly, the first music it played was a new American work, Daniel Kellogg's "Western Skies."
Principal Conductor Ivan Fischer certainly showed that he knew his audience with his selection of the encore. The orchestra brought all its members out onstage and plunged into "Stars and Stripes Forever," accompanied by loud, rhythmic clapping from all over the room.
Francis Scott Key is known to the Chinese audience from American history.
Francis Shieh a.k.a. Xie Shihao,an octogenarian and a graduate student from China in 1947 resolving to learn American English and American culture of economics ad infinitum.
June 12, 2009 at 9.42 a.m.
Beijing, June 12 - The National Symphony Orchestra played its first concert here Thursday night - the second stop of its ongoing 10-day tour of China and South Korea - in a cool, shimmering, predominantly silver theater that is at once traditional and futuristic.
The concert took place at the National Center for the Performing Arts-commonly known as "The Egg" which opened in 2007.
Audience members applaud the NSO concert in Beijing's National Center for the Performing Arts.
Fittingly, the first music it played was a new American work, Daniel Kellogg's "Western Skies."
Principal Conductor Ivan Fischer certainly showed that he knew his audience with his selection of the encore. The orchestra brought all its members out onstage and plunged into "Stars and Stripes Forever," accompanied by loud, rhythmic clapping from all over the room.
Francis Scott Key is known to the Chinese audience from American history.
Francis Shieh a.k.a. Xie Shihao,an octogenarian and a graduate student from China in 1947 resolving to learn American English and American culture of economics ad infinitum.
June 12, 2009 at 9.42 a.m.
Thursday, June 11, 2009
USA Today,June 11, 2009 Dedicated to healthy folks withoout APHASIA
Page 2B
"New Pay czar Kenneth Feinberg, 63, developed a love for classical music at age 9 with interest in opera. His job will be to make sure fat cats aren't overfed or so underfed that good leaders abandon firms most in need of leadership." Fair deal for the future of Corporate America.
Page 1D:
The art of aging: We are all getting old in chronological age but our mental age may be young.
Most adults say they become better-looking as they have aged to be attributed to having a healthier self-image i.e. mindset as "xiao huo zi" i.e. a young guy in Pin Yin as I would envision.
Page 5D:
"Shanghai Girls" By Lisa See. Random House, 314 pp., $25
I am homesick for my native city Shanghai but I trudge "Jiannan de zou" in Pin Yin with determination along the American way as a citizen of USA since 1954.
Francis Shieh aka Xie Shihao,an avid learner to broad my horizon for knowledge and wisdom.
June 11, 2009 at 3.25 p.m.
"New Pay czar Kenneth Feinberg, 63, developed a love for classical music at age 9 with interest in opera. His job will be to make sure fat cats aren't overfed or so underfed that good leaders abandon firms most in need of leadership." Fair deal for the future of Corporate America.
Page 1D:
The art of aging: We are all getting old in chronological age but our mental age may be young.
Most adults say they become better-looking as they have aged to be attributed to having a healthier self-image i.e. mindset as "xiao huo zi" i.e. a young guy in Pin Yin as I would envision.
Page 5D:
"Shanghai Girls" By Lisa See. Random House, 314 pp., $25
I am homesick for my native city Shanghai but I trudge "Jiannan de zou" in Pin Yin with determination along the American way as a citizen of USA since 1954.
Francis Shieh aka Xie Shihao,an avid learner to broad my horizon for knowledge and wisdom.
June 11, 2009 at 3.25 p.m.
US targets excessive"daliangde" in Pin Yin pay for top executives
Washington Post,June 11, 2009 on page A1: Compensation Czar to oversee firms at heart of crisis:
The Obama administration named a compensation czar to set salaries and bonuses at some of the biggest firms at the heart of the economic crisis, as part of a broader government campaign to reshape pay practices across corporate America.
Such is the topic of distribution of income and wealth in America in Economics classes in the past decades that I taught as an educator in the field of the science of change and choice with wisdom.
The initiative reflects public uproar over executive compensation which has been stoked "tianranliao" in Pin Yin by the financial crisis. Lawmakers who approved the government's $700 billiion bailout for the financial system last fall worried that taxpayers would end up financing the lavish lifestyles of top Wall Street executives.
I have reason to believe that lifestyles are the contributing factor of the economy of any nation as Economics is a behavioral science dealing with human behavior.
The late President Kennedy's words for Americans:"Ask not what the nation can do for you but what you can do for the nation" Such expression would imply non-lavish life style and to have concerns about other less fortunate folks with charity re eleemosynary deeds.
Your feedback would be cordially invited.
Please note: Pin Yin expressions just poped up in my mind for your reference. I have reason to believe that such expression would be interesting for those who do not know Pin Yin and would be refreshing for those who have knowledge of Pin Yin. I hope I am not incorrect in such assumption for fun.
Francis Shieh aka Xie Shihao,an octogenarian graduate student from China to study American English and American culture of economics on June 11, 2009 at 12.02 p.m..
The Obama administration named a compensation czar to set salaries and bonuses at some of the biggest firms at the heart of the economic crisis, as part of a broader government campaign to reshape pay practices across corporate America.
Such is the topic of distribution of income and wealth in America in Economics classes in the past decades that I taught as an educator in the field of the science of change and choice with wisdom.
The initiative reflects public uproar over executive compensation which has been stoked "tianranliao" in Pin Yin by the financial crisis. Lawmakers who approved the government's $700 billiion bailout for the financial system last fall worried that taxpayers would end up financing the lavish lifestyles of top Wall Street executives.
I have reason to believe that lifestyles are the contributing factor of the economy of any nation as Economics is a behavioral science dealing with human behavior.
The late President Kennedy's words for Americans:"Ask not what the nation can do for you but what you can do for the nation" Such expression would imply non-lavish life style and to have concerns about other less fortunate folks with charity re eleemosynary deeds.
Your feedback would be cordially invited.
Please note: Pin Yin expressions just poped up in my mind for your reference. I have reason to believe that such expression would be interesting for those who do not know Pin Yin and would be refreshing for those who have knowledge of Pin Yin. I hope I am not incorrect in such assumption for fun.
Francis Shieh aka Xie Shihao,an octogenarian graduate student from China to study American English and American culture of economics on June 11, 2009 at 12.02 p.m..
Wednesday, June 10, 2009
Sequel to Music in search of harmony and peace
Music is the comprehensive art with roots in several cultures, the East and the West do meet in globalization. NSO in China is a clear evidence as published in the STYLE section of the Washington Post, June 10, 2009.
Music started in Churches, a combo of Judaic, Greek, and Middle Eastern traditions.
In Greece, mathematics and music were regarded to have common ground. Pythagoras wrote acoustical discoveries and the refinements of the art of music. The word had scale structures and was translated into Latin as "Modus." Economics may be considered as part of music in terms of rhapsody with nonharmonic tone in the light vein with humor.
Musicians became more active outside the church,they turned to the vernacular for their lingo.
During the 17th and 18th centuries when Italy and its performers were influential throughout Europe. Even today,many famous Italians are great musicians. In USA, many Americans of Italian ancestry happen to be renowned musicians as well.
Marco Polo went to China and appreciated Chinese classical music very much. He lived from 1254? to 1324) He also introduced Chinese big pancake with modified Pizza as the popular food in USA.
In Pin Yin,music is "Yin Yue" for two Chinese characters as art in writing. My son is a musician for his professional expertise as a violist and violinist in the United States. My grandson,at age 6, is playing violin as well.
I am an octogenarian graduate student from Shanghai, China and I am aware of the fact that the Chinese language is a form of art(re calligraphy) and music(4 tones in Mandarin) plus the mellifluous, sweet sounding Wu dialect.(Shanghainese)
Francis Shieh aka Xie Shihao on Wednesday,June 10, 2009 at 3.56 p.m.
Music started in Churches, a combo of Judaic, Greek, and Middle Eastern traditions.
In Greece, mathematics and music were regarded to have common ground. Pythagoras wrote acoustical discoveries and the refinements of the art of music. The word had scale structures and was translated into Latin as "Modus." Economics may be considered as part of music in terms of rhapsody with nonharmonic tone in the light vein with humor.
Musicians became more active outside the church,they turned to the vernacular for their lingo.
During the 17th and 18th centuries when Italy and its performers were influential throughout Europe. Even today,many famous Italians are great musicians. In USA, many Americans of Italian ancestry happen to be renowned musicians as well.
Marco Polo went to China and appreciated Chinese classical music very much. He lived from 1254? to 1324) He also introduced Chinese big pancake with modified Pizza as the popular food in USA.
In Pin Yin,music is "Yin Yue" for two Chinese characters as art in writing. My son is a musician for his professional expertise as a violist and violinist in the United States. My grandson,at age 6, is playing violin as well.
I am an octogenarian graduate student from Shanghai, China and I am aware of the fact that the Chinese language is a form of art(re calligraphy) and music(4 tones in Mandarin) plus the mellifluous, sweet sounding Wu dialect.(Shanghainese)
Francis Shieh aka Xie Shihao on Wednesday,June 10, 2009 at 3.56 p.m.
NSO Concert a big winner in Macau,SAR of China
Washington Post,June 10, 2009 "Style "section,page C1,C12:
Hearing a concert in an unfamiliar setting underlines the universality, if not of music, then of the concertgoing experience. The National Symphony Orchestras played Tuesday night in the Grand Auditorium of the Cultural Center in Macau, which is a Special Administrative Region of China. Photos on C1,C12 with Chinese characters of a restaurant and a pawn shop.
"A Glimpse of the Chinese Language" in English is available free of charge as public service at www.rand.org in pdf format for readers.
I visited Macau's East Asia College i.e. Macao University when I was a Fulbright Senior Scholar in Hong Kong,1989-1990.
On page A17: President Obama has been taking flak of late for giving fat-cat donors cushy ambassadorial posts. However,Jon Huntsman Jr., to be Ambassador to China, is an exception.
He gave $0 and is Utah governor,McCain campaign co-chair. Jon Huntsman has knowledge of China with facility of the Chinese language and culture when he was a Mormon missionary in Taiwan plus experience as former Ambassador to Singapore with knowledge of the region.
Francis Shieh aka Xie Shihao,an octogenarian student of American English,American culture of economics on Wednesday,June 10, 2009 at AF Base at 9.22 a.m.
Hearing a concert in an unfamiliar setting underlines the universality, if not of music, then of the concertgoing experience. The National Symphony Orchestras played Tuesday night in the Grand Auditorium of the Cultural Center in Macau, which is a Special Administrative Region of China. Photos on C1,C12 with Chinese characters of a restaurant and a pawn shop.
"A Glimpse of the Chinese Language" in English is available free of charge as public service at www.rand.org in pdf format for readers.
I visited Macau's East Asia College i.e. Macao University when I was a Fulbright Senior Scholar in Hong Kong,1989-1990.
On page A17: President Obama has been taking flak of late for giving fat-cat donors cushy ambassadorial posts. However,Jon Huntsman Jr., to be Ambassador to China, is an exception.
He gave $0 and is Utah governor,McCain campaign co-chair. Jon Huntsman has knowledge of China with facility of the Chinese language and culture when he was a Mormon missionary in Taiwan plus experience as former Ambassador to Singapore with knowledge of the region.
Francis Shieh aka Xie Shihao,an octogenarian student of American English,American culture of economics on Wednesday,June 10, 2009 at AF Base at 9.22 a.m.
Tuesday, June 9, 2009
USAToday and Washington Times,June 9, 2009
USAToday on page 10A:
Jibril Hough wrote a letter to the editor:"American Muslims are a part of the Muslim world, and the dialogue and actions begin at home.
On page 5D Maya Frost published her book entitled "The New Global Student" describing a flexible education model such as exchange program and online study.
I have had experience in cultural exchange programs and I am online to learn daily happenings as a lifelong student /an observer of economics in action.
Washinton Times on page A19: America's first Muslim president? Obama aligns with Shariah adherents.(sic)
Page A4: C. Fred Bergsten , director at the Peterson Institute for Global Economics published an article with a senior fellow A. Subramanian.
"The global economic crisis appears to be stabilizing with recovery clearly under way in China and likely to commence in the USA over the next few months."
I would like to share with such scenario and hope that we are not incorrect to witness the empirical evidence before the end of this year.
Francis Shieh aka Xie Shihao on June 9, 2009 at 2.12 p.m.
Jibril Hough wrote a letter to the editor:"American Muslims are a part of the Muslim world, and the dialogue and actions begin at home.
On page 5D Maya Frost published her book entitled "The New Global Student" describing a flexible education model such as exchange program and online study.
I have had experience in cultural exchange programs and I am online to learn daily happenings as a lifelong student /an observer of economics in action.
Washinton Times on page A19: America's first Muslim president? Obama aligns with Shariah adherents.(sic)
Page A4: C. Fred Bergsten , director at the Peterson Institute for Global Economics published an article with a senior fellow A. Subramanian.
"The global economic crisis appears to be stabilizing with recovery clearly under way in China and likely to commence in the USA over the next few months."
I would like to share with such scenario and hope that we are not incorrect to witness the empirical evidence before the end of this year.
Francis Shieh aka Xie Shihao on June 9, 2009 at 2.12 p.m.
Ecology and Health in Sino-American Economics
TO CITE several passages from the Washington Post,June 9, 2009:-
Experts say that unless the United States and China can reach an agreement, it will be difficult to arrive at a new climate change treaty to replace the 1997 Kyoto Protocol at a meeting in Copenhagen in six months.
An international studies professor at Beda said there has been a shift in both governments' attitudes in recent months. He said the Obama administration, in contrast to the administration of George W. Buch, accepts international standards on how to measure carbon emission reductions. China recognizes that its future lies with a low-carbon economy.
On page E5 for Health: Steinmetz, a family physician is among a growing number of traditionally trained physicians who practice "integrative medicine": conventional medical care that incorporates strategies such as acupucture and herbal remedies. Martha Calihan, another family physician said:"No tradition has all the answers. I love the ability in integrated medicine to be able to pick and choose from among many traditions.
Making comparisons would be a smart way to gain knowledge and wisdom. I always try to learn by making comparison of the views from economists re economic development. I have reason to believe that "Work and Study Cycle Theory" would be useful to enhance productivity for all nations. www.Ask.com for reference. Such idea would be ideal for development economics.
Francis Shieh aka Xie Shihao, an octogenarian student to share information with other readers to say categorically that the East and the West are ONE in globalization. June 9, 2009 at 10.36 a.m.
Experts say that unless the United States and China can reach an agreement, it will be difficult to arrive at a new climate change treaty to replace the 1997 Kyoto Protocol at a meeting in Copenhagen in six months.
An international studies professor at Beda said there has been a shift in both governments' attitudes in recent months. He said the Obama administration, in contrast to the administration of George W. Buch, accepts international standards on how to measure carbon emission reductions. China recognizes that its future lies with a low-carbon economy.
On page E5 for Health: Steinmetz, a family physician is among a growing number of traditionally trained physicians who practice "integrative medicine": conventional medical care that incorporates strategies such as acupucture and herbal remedies. Martha Calihan, another family physician said:"No tradition has all the answers. I love the ability in integrated medicine to be able to pick and choose from among many traditions.
Making comparisons would be a smart way to gain knowledge and wisdom. I always try to learn by making comparison of the views from economists re economic development. I have reason to believe that "Work and Study Cycle Theory" would be useful to enhance productivity for all nations. www.Ask.com for reference. Such idea would be ideal for development economics.
Francis Shieh aka Xie Shihao, an octogenarian student to share information with other readers to say categorically that the East and the West are ONE in globalization. June 9, 2009 at 10.36 a.m.
Monday, June 8, 2009
Deflation or Inflation? That is the query from folks now
Washington Post, June 8, 2009 on page A15:
"Psychology matters." Well,it is the perception and reception as I would envision.
Allan Meltzer of Carnegie Mellon University: "With huge budget deficits,the White House and Congress will want to hold down borrowing costs. Inflation psychology will emerge."
Paul Krugman, Princeton Economist,Columnist for New York Times: Deflation, not inflation, is the clear and present danger. He retorts. Deflation,not inflation.
Well,the simple way is to understand basic Keynesian Model of Aggregate Demand and Aggregate Supply to be intersecting i.e. Keynesian Cross. Recessionary or contractionary gap is bound to occcur or Inflationary or expansionary gap comes along. That is to be known from future empirical evidence.
Both economists are making assumptions from their own scenarios.
Francis Shieh aka Xie Shihao,a student of economics since 1943 and still a student as an octogenarian today."Maozhi zhi nian" in Pin Yin system of romanization.
On the same page,Henry Kissinger published an excellent article entitled "Reining in Pyongyang" Such is also a part and parcel of Sino-American Economics.
"America can't achieve a solution to the nuclear problem on its own. A sensitive, thoughtful dialogue with China, rather than peremptory demands,is essential." I do agree with Dr. Kissinger who was a Consultant at the RAND Corporation in 1964-65 when I was a member of the research staff,Department of Economics. Well,that is history but I fully agree with Kissinger's analysis. For details,please read the full text published in the Washington Post today.
Monday,June 8, 2009 at 4.16 p.m.
"Psychology matters." Well,it is the perception and reception as I would envision.
Allan Meltzer of Carnegie Mellon University: "With huge budget deficits,the White House and Congress will want to hold down borrowing costs. Inflation psychology will emerge."
Paul Krugman, Princeton Economist,Columnist for New York Times: Deflation, not inflation, is the clear and present danger. He retorts. Deflation,not inflation.
Well,the simple way is to understand basic Keynesian Model of Aggregate Demand and Aggregate Supply to be intersecting i.e. Keynesian Cross. Recessionary or contractionary gap is bound to occcur or Inflationary or expansionary gap comes along. That is to be known from future empirical evidence.
Both economists are making assumptions from their own scenarios.
Francis Shieh aka Xie Shihao,a student of economics since 1943 and still a student as an octogenarian today."Maozhi zhi nian" in Pin Yin system of romanization.
On the same page,Henry Kissinger published an excellent article entitled "Reining in Pyongyang" Such is also a part and parcel of Sino-American Economics.
"America can't achieve a solution to the nuclear problem on its own. A sensitive, thoughtful dialogue with China, rather than peremptory demands,is essential." I do agree with Dr. Kissinger who was a Consultant at the RAND Corporation in 1964-65 when I was a member of the research staff,Department of Economics. Well,that is history but I fully agree with Kissinger's analysis. For details,please read the full text published in the Washington Post today.
Monday,June 8, 2009 at 4.16 p.m.
National Symphony Orchestra is emissary to China
Washington Post,June 8, 2009 Style section,C1,C8: Music is borderless across the Pacific Ocean.
Classical music has effectively become a symbol of economic prosperity in both countries. For American orchestras, a tour signifies a certain level of financial stabilty. A trip to China, furthermore, is potentially a way to tap into a tremendous new audience to appreciate American culture to strengthen Sino-American economics during the global financial crisis.
In sending instruments to China,the NSO is following a precedent set four centuries ago when the Jesuit missionary Matteo Ricci arrived in Beijing with a clavichord for the emperor in 1601.
Well, I was educated by Jesuits in China and in USA from late 1930s in Tianjin,Shanghai to USF in 1947 and Georgetown from 1948-1950. I have inherited their avid zeal to learn and to teach even as an octogenarian now. Learning is fun and I live to study in USA with an open mind and a warm heart. Life is worth living with the pursuit of knowledge and wisdom.
Francis Shieh aka Xie Shihao, a lifelong student to study American English,American culture of economics et al on Monday,June 8, 2009 at 9.26 a.m.
Classical music has effectively become a symbol of economic prosperity in both countries. For American orchestras, a tour signifies a certain level of financial stabilty. A trip to China, furthermore, is potentially a way to tap into a tremendous new audience to appreciate American culture to strengthen Sino-American economics during the global financial crisis.
In sending instruments to China,the NSO is following a precedent set four centuries ago when the Jesuit missionary Matteo Ricci arrived in Beijing with a clavichord for the emperor in 1601.
Well, I was educated by Jesuits in China and in USA from late 1930s in Tianjin,Shanghai to USF in 1947 and Georgetown from 1948-1950. I have inherited their avid zeal to learn and to teach even as an octogenarian now. Learning is fun and I live to study in USA with an open mind and a warm heart. Life is worth living with the pursuit of knowledge and wisdom.
Francis Shieh aka Xie Shihao, a lifelong student to study American English,American culture of economics et al on Monday,June 8, 2009 at 9.26 a.m.
Sunday, June 7, 2009
Harvard International Review, Spring 2009 issue
Page 27: Georgetown Journal of International Affairs. Georgetown University is known world-wide but Harvard is rated as the top institution. However,Georgetown is located in the nation's capital to train foreign service officers near the US government agencies.Georgetown Law School has produced many outstanding lawyers. Secretary of Defense Robert Gates earned his graduate degree in Russian studies decades ago and former Secretary of State M. Alright is on the faculty of Georgetown.
Page 7. Ronald McKinnon, Professor of International Economics,Stanford University wrote: "Special Drawing Rights (SDRs are viewed as illiquid assets and financial system is inherently fragile." (sic) Such scenario does not seem to be positive at all. Liquidity is known in Keynesian economics.
The US-China bilateral strategic economic conference will take place on July 27-28 in Washington,DC and such topic will be discussed as I would envision.
The leading director of People's Bank of China Zhou Xiaochuan and Economist Richard Cooper appear to be in the same vein for considering SDR as a world currency but SDR is not in the private market. More in-depth studies should be done for future reference.
Since Hong Kong Dollar and Chinese currency Renminbi (RMB) can be exchanged freely and Hong Kong is known in the West as a free trading city,it would be timely to think about HK$ in the private market by authorities in the USA and in China for future reference as a super sovereign world money if feasible with rules and regulations for international trade. Such idea is just a thought.
Francis Shieh aka Xie Shihao,a lifelong student of economics in action on Sunday,June 7, 2009 at 2.32 p.m.
Page 7. Ronald McKinnon, Professor of International Economics,Stanford University wrote: "Special Drawing Rights (SDRs are viewed as illiquid assets and financial system is inherently fragile." (sic) Such scenario does not seem to be positive at all. Liquidity is known in Keynesian economics.
The US-China bilateral strategic economic conference will take place on July 27-28 in Washington,DC and such topic will be discussed as I would envision.
The leading director of People's Bank of China Zhou Xiaochuan and Economist Richard Cooper appear to be in the same vein for considering SDR as a world currency but SDR is not in the private market. More in-depth studies should be done for future reference.
Since Hong Kong Dollar and Chinese currency Renminbi (RMB) can be exchanged freely and Hong Kong is known in the West as a free trading city,it would be timely to think about HK$ in the private market by authorities in the USA and in China for future reference as a super sovereign world money if feasible with rules and regulations for international trade. Such idea is just a thought.
Francis Shieh aka Xie Shihao,a lifelong student of economics in action on Sunday,June 7, 2009 at 2.32 p.m.
Saturday, June 6, 2009
Harvard Business Review,June 2009 page 57-61:WashPost
A culture of Candor started with our own behavior and Economics is a behavioral science. Human behavior can never be quantified per se.(sic)
1.Truth is desideratum but may be a natural instinct of good and honest folks.
2.To create the conditon for folks to be courageous with fortitude.
3.To challenge assumptions with innovation to validate the beloved equilibrium to all economists.
4.Understanding is nuanced and multi-faceted with diversity of intangile asset for the bet fit.
5.Transparency is the creation of transparent culture of the minds and hearts.
6.Default to sharing information for understanding human behavior to break boom and bust cycles as reasoned by Yale economist SHiller and endorsed by independent student of economics SHieh. (S for Sincerity i.e."Zhencheng" and H for Humility"qiangong".) Pin Yin system of romanization of Chinese is inserted here in quotes"""" for an opportunity to know the phonetic equivalents of four Chinese characters for cultural understanding.
Page 66: Trust: Values, ethics and morality for qualitative research of eclectic approach from Adam Smith plus Confucianism with an analytic left-brain thinker plus an imaginative right-brain partner.
Washington Post,June 6, 2009 Page A13:
Alain Enthoven,a former RAND Economist published "Using Value to curb health costs." as the talk of the nation nowadays.
Value is the value as an individual sees fit for whatever as his/her value.
Page B2: Reflections on Obama's Speech with his value concept to Muslim world.
Martin Luther King Jr. sought to bridge the great divides of his age by challenging the dominant paradigm and lifting up a new framework. That isn't a black vs. white world but a "live together as brothers or perish together as fools" world.
I would like to add brown color for all folks in USA with all colors as Americans by face value. Such value is the value as folks see it with an image of positive or negative value.
In Cairo,President Obama made his most King-like speech with his concept of value to bridge one of the great divides of our age - between the United States and the Muslim world of folks with either black, white or other mixed colors all over the world. Our world is surely colorful with colorful lives of all peoples in all nations.
Francis Shieh aka Xie Shihao,a lifelong student to learn from all folks of all colors with due respect for equilibrium of humanity on earth.
Saturday,June 6, 2009 at 3.36 p.m.
1.Truth is desideratum but may be a natural instinct of good and honest folks.
2.To create the conditon for folks to be courageous with fortitude.
3.To challenge assumptions with innovation to validate the beloved equilibrium to all economists.
4.Understanding is nuanced and multi-faceted with diversity of intangile asset for the bet fit.
5.Transparency is the creation of transparent culture of the minds and hearts.
6.Default to sharing information for understanding human behavior to break boom and bust cycles as reasoned by Yale economist SHiller and endorsed by independent student of economics SHieh. (S for Sincerity i.e."Zhencheng" and H for Humility"qiangong".) Pin Yin system of romanization of Chinese is inserted here in quotes"""" for an opportunity to know the phonetic equivalents of four Chinese characters for cultural understanding.
Page 66: Trust: Values, ethics and morality for qualitative research of eclectic approach from Adam Smith plus Confucianism with an analytic left-brain thinker plus an imaginative right-brain partner.
Washington Post,June 6, 2009 Page A13:
Alain Enthoven,a former RAND Economist published "Using Value to curb health costs." as the talk of the nation nowadays.
Value is the value as an individual sees fit for whatever as his/her value.
Page B2: Reflections on Obama's Speech with his value concept to Muslim world.
Martin Luther King Jr. sought to bridge the great divides of his age by challenging the dominant paradigm and lifting up a new framework. That isn't a black vs. white world but a "live together as brothers or perish together as fools" world.
I would like to add brown color for all folks in USA with all colors as Americans by face value. Such value is the value as folks see it with an image of positive or negative value.
In Cairo,President Obama made his most King-like speech with his concept of value to bridge one of the great divides of our age - between the United States and the Muslim world of folks with either black, white or other mixed colors all over the world. Our world is surely colorful with colorful lives of all peoples in all nations.
Francis Shieh aka Xie Shihao,a lifelong student to learn from all folks of all colors with due respect for equilibrium of humanity on earth.
Saturday,June 6, 2009 at 3.36 p.m.
Ten Point/pointers with my young heart as a "Xiaohuozi"
1. To develop my interest as a journalist with meditation in philosophical realm of ontology,epistemology and cosmology as a part of ecology;a branch of economics for my lifelong pursuit of knowledge plus wisdom.
2. To have self-confidence with esteem as my goal in this mundane world.
3. To pay less attention to material things and attempt to enjoy life with simplicity,sincerity and serenity. 3S-2D=RCA as my formula from my past blogs.(to be searched via the topical headings)
4. To disregard folks with negative views with their unhealthy thoughts. Moreover, I would dismiss such with a laugh. Laughter begets longevity. i.e.Changsheng~Bulao.
5. To be positive with joyful upbeat. Seeming failure may be the mother of success. Detecting blessings in disguise with heartfelt gratitude.
6. To arrange time for physical activities via walking as good exercise to be routine way of living.
7. To maintain mental health for spiritual wellbeing, a sine qua non for my physical wellness.
8. To be satisfied with current status and be cheerful to render services when needed such as teaching economics and languages in English and Chinese involving Mandarin and Wu dialect during the past six decades+ since 1945 in the 20th century.
9. To be calm to communicate with fellow humans and be an attentive listener simultaneously as good demeaner.
10.To live is to learn. Age is merely a number. I remind myself as a graduate student from China in 1947 to study American English and American culture to be on-the-spot in USA forever.
Copyright@2009 The above is dedicated to readers of Sino-American Economics of Human Capital. Human Capital is the REAL financial capital with good management to allocate our time resource judiciously."You jianshide""You mingzhi de" in Pin Yin system of romanization. "A Glimpse of the Chinese Language" is hereby offered at no cost by visiting www.rand.org in pdf format for better understanding of Chinese language and culture for personal enrichment.
Permission may be granted if forwarded online to those who wish to stay young with the 10 guidelines. However,your input/feedback would be greatly appreciated.
Francis Shieh aka Xie Shihao,an octogenarian but young at heart to strive to be a "Xiaohuozi" a young guy to learn and to blog for fun.
Thank you for your time in reading and have a great day,everyday.
Saturday,June 6, 2009 at Andrews AF Base Library at 10.40 a.m.
2. To have self-confidence with esteem as my goal in this mundane world.
3. To pay less attention to material things and attempt to enjoy life with simplicity,sincerity and serenity. 3S-2D=RCA as my formula from my past blogs.(to be searched via the topical headings)
4. To disregard folks with negative views with their unhealthy thoughts. Moreover, I would dismiss such with a laugh. Laughter begets longevity. i.e.Changsheng~Bulao.
5. To be positive with joyful upbeat. Seeming failure may be the mother of success. Detecting blessings in disguise with heartfelt gratitude.
6. To arrange time for physical activities via walking as good exercise to be routine way of living.
7. To maintain mental health for spiritual wellbeing, a sine qua non for my physical wellness.
8. To be satisfied with current status and be cheerful to render services when needed such as teaching economics and languages in English and Chinese involving Mandarin and Wu dialect during the past six decades+ since 1945 in the 20th century.
9. To be calm to communicate with fellow humans and be an attentive listener simultaneously as good demeaner.
10.To live is to learn. Age is merely a number. I remind myself as a graduate student from China in 1947 to study American English and American culture to be on-the-spot in USA forever.
Copyright@2009 The above is dedicated to readers of Sino-American Economics of Human Capital. Human Capital is the REAL financial capital with good management to allocate our time resource judiciously."You jianshide""You mingzhi de" in Pin Yin system of romanization. "A Glimpse of the Chinese Language" is hereby offered at no cost by visiting www.rand.org in pdf format for better understanding of Chinese language and culture for personal enrichment.
Permission may be granted if forwarded online to those who wish to stay young with the 10 guidelines. However,your input/feedback would be greatly appreciated.
Francis Shieh aka Xie Shihao,an octogenarian but young at heart to strive to be a "Xiaohuozi" a young guy to learn and to blog for fun.
Thank you for your time in reading and have a great day,everyday.
Saturday,June 6, 2009 at Andrews AF Base Library at 10.40 a.m.
Friday, June 5, 2009
POTATO By John Reader, a newly published book for all
REFLECTIONS:
The Appeal of the Spud: A book on Food as a necessity for survival in China and in USA: We must have food to keep body and soul together in the mundane world.
Yale University 315 pp. $28. Recommended reading for readers as
"Centric history of the world" and "a delicious and a persuasive dish" as economics of human capital. We must eat as Confucius stated categorically that food is one of the natural desires of homosapiens. The other desire is known for all humans.
The Irish potato famine of the mid-19th century - known in Ireland as "The Great Hunger" is the centerpiece of such book. Many folks came to USA as immigrants from Ireland as I learned at Georgetown University as a graduate student in 1948-1950. Numerous American Jesuits,administrators and graduate students of Irish ancestry are members at Georgetown. I have always cherished their friendship such as Reverend Coolahan,S.J., Rev. Brian A. McGrath,S.J.,Registrar Joe Connors and his assistant John V. Quinn,plus attorney Joe Crumlish as my old classmate in a Graduate Philosophy class that I still remember vividly.
In China,such food is called "Tu dou" i.e. "bean from the soil" in Pin Yin system of romanization for two Chinese characters. I eat "Tu dou" in China and Potato in USA especially the mashed form of potato("daochenghuzhuang" OR "Tudouni" i.e. paste-like shape of the bean from soil. Some folks call such food informally as "tudouni" or literally smashed(posuide)i.e. broken potato for fun.
Francis Shieh aka Xie Shihao tries to recollect the good old days more than six decades ago from 1948 to 2009. Time goes fast like an e-mail. All readers will be centenarians in the years to come in the 21st century.
Friday, June 5, 2009 at 2.08 p.m.
The Appeal of the Spud: A book on Food as a necessity for survival in China and in USA: We must have food to keep body and soul together in the mundane world.
Yale University 315 pp. $28. Recommended reading for readers as
"Centric history of the world" and "a delicious and a persuasive dish" as economics of human capital. We must eat as Confucius stated categorically that food is one of the natural desires of homosapiens. The other desire is known for all humans.
The Irish potato famine of the mid-19th century - known in Ireland as "The Great Hunger" is the centerpiece of such book. Many folks came to USA as immigrants from Ireland as I learned at Georgetown University as a graduate student in 1948-1950. Numerous American Jesuits,administrators and graduate students of Irish ancestry are members at Georgetown. I have always cherished their friendship such as Reverend Coolahan,S.J., Rev. Brian A. McGrath,S.J.,Registrar Joe Connors and his assistant John V. Quinn,plus attorney Joe Crumlish as my old classmate in a Graduate Philosophy class that I still remember vividly.
In China,such food is called "Tu dou" i.e. "bean from the soil" in Pin Yin system of romanization for two Chinese characters. I eat "Tu dou" in China and Potato in USA especially the mashed form of potato("daochenghuzhuang" OR "Tudouni" i.e. paste-like shape of the bean from soil. Some folks call such food informally as "tudouni" or literally smashed(posuide)i.e. broken potato for fun.
Francis Shieh aka Xie Shihao tries to recollect the good old days more than six decades ago from 1948 to 2009. Time goes fast like an e-mail. All readers will be centenarians in the years to come in the 21st century.
Friday, June 5, 2009 at 2.08 p.m.
"No Laughing Matter" Washington Post,June 5,2009
"US needs to get serious now about long-term budget deficits" Headlines in the Editorial. Trade deficit should be added as well! How to tackle both deficits? There is no pat answers.
"It was a sign of the times that Treasury Secretary Tim Geithner had to travel to China to reassure China, the world's largest holder of Treasury debt, that lending money to the US government is still a wise thing to do. But the European governments are more fiscally prudent for China's search for investment in global markets." Such may be a wake-up call. COMPETITION is the name of the game.
Page 6: "Obama's words resonate abroad: "May God's peace be upon you - rings with authenticity to Arabic ears." President Obama's words may ring with American ears to have good faith in terms of ethics and morality.
When Americans lend ears to President Obama with spirituality instead of over-extended material consumption,our fiscal problems may be gradually resolved. However,in the meantime,jobless folks will have to be more frugal and be trained to find new jobs with newly acquired skills via training in community colleges to become taxpayers to resolve fiscal problems. Uncle Sam needs more workers to be taxpayers to generate revenue in the 21st century.
Francis Shieh aka Xie Shihao looking forward to have peace and economic development from good peoples in all nations.AMEN!
Friday,June 5, 2009 at 10.16 a.m.
"It was a sign of the times that Treasury Secretary Tim Geithner had to travel to China to reassure China, the world's largest holder of Treasury debt, that lending money to the US government is still a wise thing to do. But the European governments are more fiscally prudent for China's search for investment in global markets." Such may be a wake-up call. COMPETITION is the name of the game.
Page 6: "Obama's words resonate abroad: "May God's peace be upon you - rings with authenticity to Arabic ears." President Obama's words may ring with American ears to have good faith in terms of ethics and morality.
When Americans lend ears to President Obama with spirituality instead of over-extended material consumption,our fiscal problems may be gradually resolved. However,in the meantime,jobless folks will have to be more frugal and be trained to find new jobs with newly acquired skills via training in community colleges to become taxpayers to resolve fiscal problems. Uncle Sam needs more workers to be taxpayers to generate revenue in the 21st century.
Francis Shieh aka Xie Shihao looking forward to have peace and economic development from good peoples in all nations.AMEN!
Friday,June 5, 2009 at 10.16 a.m.
Thursday, June 4, 2009
Conscience and Consciousness:Morality to be awakened
REFLECTIONS with MEDITATION and CONTEMPLATION on daily basis for all readers:
We do have our sense to detect the motives of action to be linked with mental faculties. Do we?
It is reported in the Chinese newspaper:"World Daily" that Chinese leaders are reading "The Wealth of Nations" by Adam Smith and Adam Smith was a professor of moral philosophy even though he is known to be an eminent economist.
Confucianism is inculcated in the minds and hearts of folks in China from family tradition and Chinese culture.
There is the meeting ground of the East and the West for honoring globalization in re morality and ethics in the discipline of eoonomics. Do we quantify such? Not really! Economics is not Mathematics even though we do data to find out facts with figures. But there is a lag and discrepancy,indeed. We are unable to measure the things with accuracy. I am a disciple of Professor John Kenneth Galbraith.
When American and Chinese leaders are paying attention to ethics and morality in the name of humanity for globalization,the future can be assured with holy peace and sacred wisdom.
The principles to live by:
1.Peace with love to all folks with humility.
2.Respect others as the sacred homosapiens on planet.
3.Learn much from daily happenings with enthusiasm or eager interest.
Francis Shieh aka Xie Shihao, a lifelong student to live and to learn with zeal on June 4, 2009 at 6.22 a.m.
We do have our sense to detect the motives of action to be linked with mental faculties. Do we?
It is reported in the Chinese newspaper:"World Daily" that Chinese leaders are reading "The Wealth of Nations" by Adam Smith and Adam Smith was a professor of moral philosophy even though he is known to be an eminent economist.
Confucianism is inculcated in the minds and hearts of folks in China from family tradition and Chinese culture.
There is the meeting ground of the East and the West for honoring globalization in re morality and ethics in the discipline of eoonomics. Do we quantify such? Not really! Economics is not Mathematics even though we do data to find out facts with figures. But there is a lag and discrepancy,indeed. We are unable to measure the things with accuracy. I am a disciple of Professor John Kenneth Galbraith.
When American and Chinese leaders are paying attention to ethics and morality in the name of humanity for globalization,the future can be assured with holy peace and sacred wisdom.
The principles to live by:
1.Peace with love to all folks with humility.
2.Respect others as the sacred homosapiens on planet.
3.Learn much from daily happenings with enthusiasm or eager interest.
Francis Shieh aka Xie Shihao, a lifelong student to live and to learn with zeal on June 4, 2009 at 6.22 a.m.
Wednesday, June 3, 2009
Washington Times,June 3, 2009 and Washington Post,June 2nd
Page A9: Geithner touts China i.e."zhaolai zhongguo" in Pin Yin system of phonetic equivalent in 4 Chinese characters. The Secretary of Treasury is "doushouzhe" i.e. doer for sale of US Treasury Securities. However,there are other issues as well!
Geithner will make contribution to advancing Sino-American economic and financial cooperation and the growth of the US-China relationships. Such mission is not untrue.
In re data: China holds circa $768 billion of US Treasury securities as the biggest creditor. It is clear that China has faith in USA for mutual benefit.
It is expected that a wide range topics of bilateral, regional, and global areas will be covered as focus for the upcoming strategic conference. In other words, overall plans for international political economies would be touched as issues of mutual concern for USA and China.
The dates are set for July 27 and July 28,2009 in Washington,DC. Media will cover detals of such important conference of Sino-American economics in globalization.
Page A7: According to Global Peace Index,New Zealand is rated most peaceful followed by Demark,Norway, Japan and Canada. Cuba, China,Peru and Ukraine are rated more peaceful than the USA due to large prison population in the United States to be rated as 83rd. In good conscience,I pay no attention about such arbitrary rating and biased ranking.
According to Hong Kong Phoenix TV reports,US Chambler of Commerce Director is very supportive of direct flights between the mainland and Taiwan as positive economic development for cross-strait relations. Peace and economic development are the goals of USA and China including Taiwan under the leadership of Ma.
House Speaker Nancy Pelosi praised China's economic accomplishments and she cited Bishop Aloysius Jin, S.J. of Shanghai as the evidence of religious freedom.
As a product of Jesuit education in China and in the United States,I have reason to believe that she would regard Jesuits are Jesuits with the same goal of AMDG and IHS with spirituality and educational endeavor in their minds and hearts.
Dennis Menos wrote to the editor of Washington Post,June 2, 2009 on page A14:
"President Obama's statement accusing North Korea of a violation of international law would have carried greater weight had the US provided leadership in the areas of nuclear nonproliferation by ratifying the Comprehensive Nuclear Test Ban Treaty. Senate ratification of the treaty would go a long way toward demonstrating to the world, and especially to nuclear proliferation such as North Korea and Iran, that the United States finds nuclear testing to be abhorrent and a crime against future generations." Such statement is worthy of our understanding.
Francis Shieh aka Xie Shihao,a readers with reflections about the views of other thinkers.
June 3, 2009 at 3 p.m.
Geithner will make contribution to advancing Sino-American economic and financial cooperation and the growth of the US-China relationships. Such mission is not untrue.
In re data: China holds circa $768 billion of US Treasury securities as the biggest creditor. It is clear that China has faith in USA for mutual benefit.
It is expected that a wide range topics of bilateral, regional, and global areas will be covered as focus for the upcoming strategic conference. In other words, overall plans for international political economies would be touched as issues of mutual concern for USA and China.
The dates are set for July 27 and July 28,2009 in Washington,DC. Media will cover detals of such important conference of Sino-American economics in globalization.
Page A7: According to Global Peace Index,New Zealand is rated most peaceful followed by Demark,Norway, Japan and Canada. Cuba, China,Peru and Ukraine are rated more peaceful than the USA due to large prison population in the United States to be rated as 83rd. In good conscience,I pay no attention about such arbitrary rating and biased ranking.
According to Hong Kong Phoenix TV reports,US Chambler of Commerce Director is very supportive of direct flights between the mainland and Taiwan as positive economic development for cross-strait relations. Peace and economic development are the goals of USA and China including Taiwan under the leadership of Ma.
House Speaker Nancy Pelosi praised China's economic accomplishments and she cited Bishop Aloysius Jin, S.J. of Shanghai as the evidence of religious freedom.
As a product of Jesuit education in China and in the United States,I have reason to believe that she would regard Jesuits are Jesuits with the same goal of AMDG and IHS with spirituality and educational endeavor in their minds and hearts.
Dennis Menos wrote to the editor of Washington Post,June 2, 2009 on page A14:
"President Obama's statement accusing North Korea of a violation of international law would have carried greater weight had the US provided leadership in the areas of nuclear nonproliferation by ratifying the Comprehensive Nuclear Test Ban Treaty. Senate ratification of the treaty would go a long way toward demonstrating to the world, and especially to nuclear proliferation such as North Korea and Iran, that the United States finds nuclear testing to be abhorrent and a crime against future generations." Such statement is worthy of our understanding.
Francis Shieh aka Xie Shihao,a readers with reflections about the views of other thinkers.
June 3, 2009 at 3 p.m.
Geithner says: China Confident in USA
Washington Post, June 3, 2009 on page A15:
Geithner said China's leaders believe in the basic resilience and dynamism of the US economy. I agree in toto in every respect as a student of economics in China since 1943.
"What I sense is a fair amount of confidence, not just in the basic underlying strength and resilience of the US economy,its dynamism, but in our capacity not just to solve this crisis, get growth back on track, but to go back to living within our means." Geithner further added," I believe the Chinese expect the dollar to be the principal reserve currency for a long period of time, as do we." There is the common perception and reception of Sino-American Economics.
US dollar has been considered as an international currency in businesses up to the 21st century and beyond... Let us hope so from empirical evidence.
Plutocrat Tim could not sell his New York home for $1.6 million and was rented for $7,500 a month two weeks ago. Published on page C3 by the Washington Post,June 3, 2009.
Page A19: Harold Meyerson wrote:"In explaining China's rise and America's decline,historians may well note that capitalism-American capitalism, anyway - far from spreading democracy, actually has played a key role in transforming China into an economic superpower. The transfer of manufacturing from the United States to China - driven by the rise of mega-retailer such as Wal-Mart that have been able to endorce a regime of low wages all along their global supply chains - has diminished our middle class and expanded theirs." Such is known to all folks as evidence.
Hummer's Home: China, the New Land of Excess!? General motors will sell Hummer to heavy-equipment manufacturer in China, reportedly for less than $500 million,
well below its peak value. What is value anyway? Such definition is subject to individual volition of change and choice!
Page B5: Nobel Economist helped uncover problems with standard models:
Clive Granger, 2003 Nobel Prize for economics re his iconoclastic view about how his profession using figures to predict the future. Although he was considered a Keynesian that holds deficit spending by governments can be beneficial but he was willing to challenge orthodoxy as he looked for relationships among economic factors. The variable factors are up for grabs by economists in lighter thought.
Dr. Granger poked fun at himself when the Web site showed him sitting on a motorcycle with the caption:"Rebel Withouit a Causal Model."(sic)
I have sent my blogs in the past apropos of "A Posteriori" Versus "A Priori". Such Latin words to mean cause and effect would be the so-called Model in Economics?! Truth in economics is multi-dimensional as I cited Galbraith in my book review of "Almost Everyone's Guide in Economics" by John K. Galbraith,published by Atlantic Economic Journal,September 1979.www.Atlantic Economic Journal for reading pleasure.
Francis Shieh aka Xie Shihao,an octogenarian student to enjoy fun in economics for lifetime. June 3, 2009 at 10.26 a.m.
Geithner said China's leaders believe in the basic resilience and dynamism of the US economy. I agree in toto in every respect as a student of economics in China since 1943.
"What I sense is a fair amount of confidence, not just in the basic underlying strength and resilience of the US economy,its dynamism, but in our capacity not just to solve this crisis, get growth back on track, but to go back to living within our means." Geithner further added," I believe the Chinese expect the dollar to be the principal reserve currency for a long period of time, as do we." There is the common perception and reception of Sino-American Economics.
US dollar has been considered as an international currency in businesses up to the 21st century and beyond... Let us hope so from empirical evidence.
Plutocrat Tim could not sell his New York home for $1.6 million and was rented for $7,500 a month two weeks ago. Published on page C3 by the Washington Post,June 3, 2009.
Page A19: Harold Meyerson wrote:"In explaining China's rise and America's decline,historians may well note that capitalism-American capitalism, anyway - far from spreading democracy, actually has played a key role in transforming China into an economic superpower. The transfer of manufacturing from the United States to China - driven by the rise of mega-retailer such as Wal-Mart that have been able to endorce a regime of low wages all along their global supply chains - has diminished our middle class and expanded theirs." Such is known to all folks as evidence.
Hummer's Home: China, the New Land of Excess!? General motors will sell Hummer to heavy-equipment manufacturer in China, reportedly for less than $500 million,
well below its peak value. What is value anyway? Such definition is subject to individual volition of change and choice!
Page B5: Nobel Economist helped uncover problems with standard models:
Clive Granger, 2003 Nobel Prize for economics re his iconoclastic view about how his profession using figures to predict the future. Although he was considered a Keynesian that holds deficit spending by governments can be beneficial but he was willing to challenge orthodoxy as he looked for relationships among economic factors. The variable factors are up for grabs by economists in lighter thought.
Dr. Granger poked fun at himself when the Web site showed him sitting on a motorcycle with the caption:"Rebel Withouit a Causal Model."(sic)
I have sent my blogs in the past apropos of "A Posteriori" Versus "A Priori". Such Latin words to mean cause and effect would be the so-called Model in Economics?! Truth in economics is multi-dimensional as I cited Galbraith in my book review of "Almost Everyone's Guide in Economics" by John K. Galbraith,published by Atlantic Economic Journal,September 1979.www.Atlantic Economic Journal for reading pleasure.
Francis Shieh aka Xie Shihao,an octogenarian student to enjoy fun in economics for lifetime. June 3, 2009 at 10.26 a.m.
Tuesday, June 2, 2009
Washington Times, June 2, 2009 and Community colleges
Fear of Chinese Auto Domination: seen as overblown/overstatement/hyperbole
GM has the largest share of the Chinese market - more than 12% last year, or nearly 1.1 million cars. (Sino-American Economics in action.)
Shanghai is expected to announce upgrade 1000 electric hybrid and bus fleet ahead of the 2010 World Expo in May 2010. Thousands visitors are expected in Shanghai.
Page B2: Photo in August 1945: The Duham family shows Army Sgt. Stanley Dunham, his wife Madelyn Payne Duham and 2-year old daughter Stanley Ann, future mother of Barack Obama. She was so cute and died at age 86,two days before the Presidential election in November 2008.
I deem such photo of great value for Americans and others to see the picture of the maternal side of President Obama as the first family background in USA.
I trust that such photo may be seen online from www.Washington Times.
"Express" paper dated June 1, 2009:
Page 9: Enrollment up in community colleges:
Such emoirical evidence would validate the article entitled:"The Future of Community Colleges" dated July 18, 1974 published by the Congressional Record for reference.
Francis Shieh aka Xie Shihao with a vision of the role of community colleges in USA in the 21st century with such thought in the 20th century.
Washington Post,June 1, 2009 on page B4: Maryland would improve marketable skills of the workforce by 20% by 2012. In other works,skilled labor will be in great demand and training would be sine qua non for honing up skills via education and training to supply the demand of the society. The references are:
"Keys for Economic Understanding" www.Amazon.com online book catalog for information.
"Keys to Economic Understanding." Ditto
"Work and Study Cycle Theory" to be validated and implemented in USA for job opportunities.
June 2, 2009 at 3.28 p.m.
GM has the largest share of the Chinese market - more than 12% last year, or nearly 1.1 million cars. (Sino-American Economics in action.)
Shanghai is expected to announce upgrade 1000 electric hybrid and bus fleet ahead of the 2010 World Expo in May 2010. Thousands visitors are expected in Shanghai.
Page B2: Photo in August 1945: The Duham family shows Army Sgt. Stanley Dunham, his wife Madelyn Payne Duham and 2-year old daughter Stanley Ann, future mother of Barack Obama. She was so cute and died at age 86,two days before the Presidential election in November 2008.
I deem such photo of great value for Americans and others to see the picture of the maternal side of President Obama as the first family background in USA.
I trust that such photo may be seen online from www.Washington Times.
"Express" paper dated June 1, 2009:
Page 9: Enrollment up in community colleges:
Such emoirical evidence would validate the article entitled:"The Future of Community Colleges" dated July 18, 1974 published by the Congressional Record for reference.
Francis Shieh aka Xie Shihao with a vision of the role of community colleges in USA in the 21st century with such thought in the 20th century.
Washington Post,June 1, 2009 on page B4: Maryland would improve marketable skills of the workforce by 20% by 2012. In other works,skilled labor will be in great demand and training would be sine qua non for honing up skills via education and training to supply the demand of the society. The references are:
"Keys for Economic Understanding" www.Amazon.com online book catalog for information.
"Keys to Economic Understanding." Ditto
"Work and Study Cycle Theory" to be validated and implemented in USA for job opportunities.
June 2, 2009 at 3.28 p.m.
Geithner characterizes China as a partner,not to be lectured
Washington Post, June 2, 2009 on page A10:
US Treasury Secretary Timothy F. Geithner sought to reassure China, America's biggest creditor, that its hundreds of billions of dollars of holdings in US government debt remain safe, even as investors dumped Treasurys amid signs that the global recession is easing.
The United States is committed to a strong and stable international financial system, and the Obama administration fully recognizes that the US has a special responsibility to play in this regards, and we fully appreciate that exercising this special responsibility begins at home." Geithner studied Chinese at Beida, i.e.Peking University in the 1980s. "A Glimpse of the Chinese Language" was published in 1965 for such reference. Visit www.rand.org to obtain a free pdf copy as public service.
China is by far the largest purchaser of US Treasurys and about 82% of its $2 trillion of foreign reserves are estimated to be in dollars. I sent my blogs in the past that China has confidence in the United States as a friendly nation in the world.
Francis Shieh aka Xie Shihao, an octogenarian graduate student from China to study American culture including Economic culture since 1947 but taught Chinese language and Chinese culture to Americans to serve as a living bridge across the Pacific Ocean for cultural exchange as my goal in life. Thanks for your time in reading to stay informed about US-China economic relations in the 21st century.
Tuesday,June 2, 2009 at 10.26 a.m.
US Treasury Secretary Timothy F. Geithner sought to reassure China, America's biggest creditor, that its hundreds of billions of dollars of holdings in US government debt remain safe, even as investors dumped Treasurys amid signs that the global recession is easing.
The United States is committed to a strong and stable international financial system, and the Obama administration fully recognizes that the US has a special responsibility to play in this regards, and we fully appreciate that exercising this special responsibility begins at home." Geithner studied Chinese at Beida, i.e.Peking University in the 1980s. "A Glimpse of the Chinese Language" was published in 1965 for such reference. Visit www.rand.org to obtain a free pdf copy as public service.
China is by far the largest purchaser of US Treasurys and about 82% of its $2 trillion of foreign reserves are estimated to be in dollars. I sent my blogs in the past that China has confidence in the United States as a friendly nation in the world.
Francis Shieh aka Xie Shihao, an octogenarian graduate student from China to study American culture including Economic culture since 1947 but taught Chinese language and Chinese culture to Americans to serve as a living bridge across the Pacific Ocean for cultural exchange as my goal in life. Thanks for your time in reading to stay informed about US-China economic relations in the 21st century.
Tuesday,June 2, 2009 at 10.26 a.m.
Monday, June 1, 2009
Washington Times, June 1, 2009 page A2
Secretary of Treasury Tim Geithner seeks closer China ties. He wants to foster the same kind of working relationship with China that the US has enjoyed for decades with European economic powers. Obama administration is committed to cooperate with China in the days to come. More details will be discussed next month for strategic conference for mutual benefit. That remains to be revealed.
Francis Shieh aka Xie Shihao witnessing positive scenario in the name of Sino-American economics in the global context.
June 1, 2009 at 8.48 p.m.
Francis Shieh aka Xie Shihao witnessing positive scenario in the name of Sino-American economics in the global context.
June 1, 2009 at 8.48 p.m.
USAToday,June 1, 2009 on page 1A
GM to get $3.1 billion from US as investment from the government to finance its bankruptcy reorganization.GM stocks may be worthless?
Page 10A: Chuck Tamraz wrote his letter to the editor:
"While Congress advise American people to pay off their credit cards,they continue to borrow heavily from China. Until the US liquidates its debts to China,we will be unable to dissuade North Korea from threatening world peace."
It is known to all that World peace can not be obtained while we are still fighting in Iraq and Afghanistan with high cost of government funds for a while.
Francis Shieh aka Xie Shihao as a taxpayer in good standing to look forward for peace and economic development in the 21st century.
Monday,June 1, 2009 at 3.26 p.m.
Page 10A: Chuck Tamraz wrote his letter to the editor:
"While Congress advise American people to pay off their credit cards,they continue to borrow heavily from China. Until the US liquidates its debts to China,we will be unable to dissuade North Korea from threatening world peace."
It is known to all that World peace can not be obtained while we are still fighting in Iraq and Afghanistan with high cost of government funds for a while.
Francis Shieh aka Xie Shihao as a taxpayer in good standing to look forward for peace and economic development in the 21st century.
Monday,June 1, 2009 at 3.26 p.m.
Washington Post,June 1,2009 page A15
Prof.Martin Feldstein at Harvard,former Chairman of CEA from 1982-84 wrote the article with the theme of "The US should wait until there is a global agreement on C02, that includes China and India."
The Obama administration and congressional Democrats have proposed a major cap-and-trade system aimed at reducing carbon dioxide emissions. Scientists agree that C02, emissions around the world could lead to rising temperatures with serious long-term environmental consequences.
Fareed Zakaria,editor of Newsweek wrote:
"Around the globe, markets are humming. China's Shanghai index is up 45%. Retail sales in China rose 15% in the first quarter of 2009. The United States remains the world's richest and most powerful country. Its military spans trhe globe. But since the Spanish empire of the 16th century, the fortunes of great global powers have begun to turn when they get overburdened with debt and stuck on a path of slow growth.
Robert Samuelson, a columnist wrote:
The Congressional Budget Office estimates federal spending in 2019 at 25% of GDP, well up from the 21% in 2008.
Bill Frogale wrote letter to the Editor on page A14:
A sales tax or VAT is easily avoided by simply not purchasing as many consumer goods. That is exactly the behavior that we wish to discouraged,both now and after the recovery is well underway.
Consumption is to be encouraged in USA and in China.. That is supposed to be the common goal for global financial recovery. But that remains to be seen.
Francis Shieh aka Xie Shihao citing the above epigram for readers on Monday,June 1, 2009 at 7.58 a.m.
The Obama administration and congressional Democrats have proposed a major cap-and-trade system aimed at reducing carbon dioxide emissions. Scientists agree that C02, emissions around the world could lead to rising temperatures with serious long-term environmental consequences.
Fareed Zakaria,editor of Newsweek wrote:
"Around the globe, markets are humming. China's Shanghai index is up 45%. Retail sales in China rose 15% in the first quarter of 2009. The United States remains the world's richest and most powerful country. Its military spans trhe globe. But since the Spanish empire of the 16th century, the fortunes of great global powers have begun to turn when they get overburdened with debt and stuck on a path of slow growth.
Robert Samuelson, a columnist wrote:
The Congressional Budget Office estimates federal spending in 2019 at 25% of GDP, well up from the 21% in 2008.
Bill Frogale wrote letter to the Editor on page A14:
A sales tax or VAT is easily avoided by simply not purchasing as many consumer goods. That is exactly the behavior that we wish to discouraged,both now and after the recovery is well underway.
Consumption is to be encouraged in USA and in China.. That is supposed to be the common goal for global financial recovery. But that remains to be seen.
Francis Shieh aka Xie Shihao citing the above epigram for readers on Monday,June 1, 2009 at 7.58 a.m.
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