Lay’s narrow worldview is extreme; his zealotry, if anything, works as an argument for civilian control of the armed forces.
Is China a currency manipulator?
Oct 11th 2011, 14:17 by The Economist online
The yuan/dollar exchange rate and America's trade deficit with China
ON OCTOBER 11th the Senate is due to vote on a bill that would lead to sanctions being taken against countries whose currencies are "misaligned". One currency in particular—the yuan—is on the minds of legislators. But as the chart below suggests, the recent relationship between China's currency and America's trade deficit with China is not what China hawks in the Senate think it is. Rather than a cheap yuan leading to a flood of Chinese imports, the yuan has actually strengthened as the deficit has widened. There are many things American companies dislike about the way business is done in China: intellectual-property theft, the impossibility of winning government contracts, baffling rules on corporate ownership and so on. However the place for fixing these things is the World Trade Organisation, not Congress. President Obama's administration has already passed on two opportunities to label China a currency manipulator, out of a well-founded fear of sparking a trade war. Senators should do the same (while hoping that China responds to their sabre-rattling by letting the yuan rise a little more, as happened the last time the Senate came close to passing a similar measure, in 2005).
ON OCTOBER 11th the Senate is due to vote on a bill that would lead to sanctions being taken against countries whose currencies are "misaligned". One currency in particular—the yuan—is on the minds of legislators. But as the chart below suggests, the recent relationship between China's currency and America's trade deficit with China is not what China hawks in the Senate think it is. Rather than a cheap yuan leading to a flood of Chinese imports, the yuan has actually strengthened as the deficit has widened. There are many things American companies dislike about the way business is done in China: intellectual-property theft, the impossibility of winning government contracts, baffling rules on corporate ownership and so on. However the place for fixing these things is the World Trade Organisation, not Congress. President Obama's administration has already passed on two opportunities to label China a currency manipulator, out of a well-founded fear of sparking a trade war. Senators should do the same (while hoping that China responds to their sabre-rattling by letting the yuan rise a little more, as happened the last time the Senate came close to passing a similar measure, in 2005).
World-class organization and management guru Peter Drucker told me at a Harvard seminar on voluntarism in 1989 that "the Mormons are the only utopia that ever worked."
Once Missionaries, Now Salesmen
By KIRK JOHNSON
A security company in Utah is employing Mormons with prior experience going door-to-door for their faith.
But as always with Wright, the complexity of his approach reveals itself only after you begin to fit the pieces together. For Wright, the singular masterpiece was never enough. His aim was to create a framework for an entire new way of life, one that completely redefined the relationships between individual, family and community. And he pursued it with missionary zeal.
His uncompromising, unforgettable zeal.
An authorised life by William Simpson, “The Prince”, which came out in 2006, reflected Bandar’s considerable talent for self-promotion. But in his new biographer he has met his match. During Mr Ottaway’s 35 years at the Washington Post, the reporter observed the Saudi diplomat closely and interviewed him often. When it came to royal leaks, the Post was Prince Bandar’s paper of choice. No outsider can fully penetrate the Saudi kingdom’s opaque world of court intrigue and Islamic zealotry, but Mr Ottaway does a creditable job. The portrait of Bandar that emerges is of a fighter pilot, drawn reluctantly into diplomacy, who became one of the master manipulators of that craft.
Mormon Church.
n.
- An ancient prophet believed to have compiled a sacred history of the Americas, which were translated and published by Joseph Smith as the Book of Mormon in 1830.
- A member of the Mormon Church. Also called Latter-day Saint.
Of or relating to the Mormons, their religion, or the Mormon Church.
Mormonism Mor'mon·ism n.
zeal・ot
━━ n. 熱中［熱狂，狂信］者.
zeal・ot・ry ━━ n. 熱狂.
zeal・ot・ry ━━ n. 熱狂.zealotry
zealnoun [S or U] ━━ n. 熱心, 熱中 ((for)).
great enthusiasm or eagerness:
reforming/missionary/religious zeal
Another factor fueling the zeal of many Chinese demonstrators could be that they, too, intend to return home; the Chinese government is widely believed to be monitoring large e-mail lists.
group noun [C]
a group of people whose job is to increase what is known about their country, organization or religion in another country or area, or the place where such people are based:
More funds are needed to establish trade missions in eastern Europe.
The Methodist mission is situated in one of the poorest parts of the city.
missionary Show phonetics
noun [C]
a person who has been sent to a foreign country to teach their religion to the people who live there:
He did missionary work for the Presbyterian Church in Alaska.
missionary zeal noun [U]
extreme enthusiasm
a zeal for money-making
zealot
noun [C] ━━ n. 熱中［熱狂，狂信］者.
a person who has very strong opinions about something, and tries to make other people have them too:
a religious zealot
zealous
adjective ━━ a. 熱心な, 熱狂的な ((for, in; to do, in doing)).
enthusiastic and eager:
a zealous supporter of the government's policies
zeal：熱心；心火；神火；熱忱：愛天主的實際行動。
13這樣，我的忿怒纔可以發洩，我的怒火在他們身上纔會平息，得到了報復；當我的憤怒在他們身上發洩時，他們要承認我，上主，在妒火中講了話。13And I will accomplish my fury, and will cause my indignation to rest upon them, and I will be comforted: and they shall know that I the Lord have spoken it in my zeal, when I shall have accomplished my indignation in them.
我要这样成就怒中所定的。我向他们发的忿怒止息了，自己就得着安慰。我在他们身上成就怒中所定的那时，他们就知道我耶和华所说的是出于热心。
Thus shall mine anger be accomplished, and I will cause my fury to rest upon them, and I will be comforted: and they shall know that I the LORD have spoken it in my zeal, when I have accomplished my fury in them.
以西结书(Ezekiel) -- 第 5 章
厄則克耳 Ezekiel
zeal, apostolic：傳教神火；宣傳宗教之熱忱。
Zealots：狂熱份子；熱誠派；愛國份子。
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