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“He makes a bee line to me right after the talk, in front of everybody,” West says. “He just lets me have it. He says, ‘You ought to be ashamed of yourself, saying I’m not a progressive. Is that the best you can do? Who do you think you are?’ I smiled. I shook his hand. And a sister hollered in the back, ‘You can’t talk to professor West. That’s Dr. Cornel West. Who do you think you are?’
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Karma is the concept that what you do is done to you. You do dirt, you get dirt. You do good, good comes to you. The problem is that a lot of people want to specify their karmic reward. It doesn’t work like that. The good you do today is not instantly rewarded, or placed on account like frequent flier miles. It is distributed based on forces unknown and unseen to us. Your karmic good may not come back to you in ways you recognize, but that does not change your duty to do it. It is more faith than science but it is real and it is in operation all the time.
Recently, I’ve witnessed tea party enthusiasts recoiling in horror when Jerry Brown had the temerity to do what they say they want done, slash spending. “It’s okay to kill other people’s programs, just not mine,” they exclaim. I’ve seen progressives dismiss those concerned about the massive debt as knuckle dragging throwbacks in an attempt to keep the money flowing. What I don’t see very often is truth or constructive conversation. Budgets will be cut, pain will be felt. It will be exquisitely bi-partisan.
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How is lowering the corporate tax rate going to change that exactly? Uh, it’s not. What it would do, is create a wider budget gap and send more politicians scratching their heads over why. So, it’s really just a super-bad and dumb idea.
Anyone who thinks that China would never pull out of U.S. Treasuries MUST read this article.
China should reduce its excessive foreign exchange reserves and further diversify its holdings, Tang Shuangning, chairman of China Everbright Group, said on Saturday.
The amount of foreign exchange reserves should be restricted to between 800 billion to 1.3 trillion U.S. dollars, Tang told a forum in Beijing, saying that the current reserve amount is too high.
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Dispatches From The Front 