JeffLee's past comments

  • 0

    JeffLee

    "Raising the consumption tax in an economically depressed situation is madness."

    Absolutely correct. Any economics undergrad can tell you this. Unfortunately, the tax hike was the work of politicians, not economists.

    Posted in: More gloomy data casts doubt on Japan's economic recovery

  • 0

    JeffLee

    @highball7

    "The Brits basically looted HK citizens coffers...."

    That's a pretty outrageous claim. Even if it were true (yeah, right), it wouldn't be such a big deal, since HK's individual income tax rates were among the lowest in the world. So think of all the revenue the Brits could have pocketed if they had raised people's taxes to global norms.

    Posted in: Protests disrupt Hong Kong travel and businesses

  • -2

    JeffLee

    @fxgai

    "Then how about the impact of "higher" interest rates though?"

    How and why would interest rates rise? The fiscal debt continues to rise, and fewer investors are buying JGBs, yet there's been no rise at all.

    "Is it better to take the risk, or better the devil you know?"

    "Risk"? We already do know. The BOJ has done a very good job of proving over many years that higher debt levels don't necessitate higher int. rates in Japan's case. If anything, the reverse is true.

    Posted in: Abe vows to keep careful watch on tax hike's impact

  • 0

    JeffLee

    "Cameron should launch air strikes on Bradford and Birmingham"

    Mi5 and other agencies have for years been on round the clock surveillance of Muslim neighborhoods, including electronic eavesdropping. In addition, when British Muslim "persons of interest" travel overseas, they are routinely shadowed by SAS agents. It's very expensive and uses plenty of assets, but it's gotta be done.

    Ah, multiculturalism. Doncha love it?

    Posted in: Britain votes to join U.S.-led airstrikes against jihadists

  • 8

    JeffLee

    They're doing this because the vast majority of ISIS victims are....Muslims. Even Saudi Arabia is fighting ISIS.

    When it comes to Danish cartoonists, Salmon Rushdie, sexual exploitation and other incidents where infidels are victims, most Muslims in Europe are not "moderate" in any sense of the word.

    Posted in: Europe's Muslims stand up to IS

  • -1

    JeffLee

    "Selling all Nikkei 400 ETF's as we speak."

    If Abe decides not to raise the consumption tax, that could be a bad idea.

    Posted in: Consumer inflation rises slower than expected in August

  • -2

    JeffLee

    The Muslim countries should be sending troops on the ground during the airstrikes. They were eager enough in the past to gang up on Israel, so now they can go after a much bigger threat: Islamic State.

    That strategy would work, as it did in Kosovo.

    Posted in: Britain votes to join U.S.-led airstrikes against jihadists

  • 1

    JeffLee

    Yes, Scrote, it seems you're right. I stand corrected.

    "the overhead lines are PhotoShopped out."

    And they often add grass lawns or green fields to the images, where in reality there will be gray concrete. Which begs the question: why not implement the things that you actually like and desire? Other developed countries have done it, why can't the Japanese?

    Posted in: Why does Japan have so many overhead power lines?

  • 0

    JeffLee

    I've purchased about 30 to 40 international air tickets during my years as a Tokyo resident. No not has left from Haneda. Still waiting.

    Posted in: Tokyo’s Haneda Airport becomes fourth airport in the world to be awarded coveted 5-Star rating

  • 0

    JeffLee

    One word: Skype.

    Posted in: Modern etiquette: Meetings still matter

  • -1

    JeffLee

    If it happens one more time in the next year, force Boeing to ground the entire fleet to replace all the batteries with safer ni-cad ones. If Boeing whines about lost profits, remind it of the subversive and radical idea that passengers' safety comes before profits.

    Posted in: Japan probe comes up empty on Dreamliner battery problems

  • 0

    JeffLee

    "So, people travel between Calif and Vegas still use cars."

    I'd rather take a car. No highway tolls and the freedom to go wherever you want. And if you're traveling with your spouse and 2 kids, no need to buy 4 return tickets.

    Posted in: Japan's bullet train hits half century

  • -2

    JeffLee

    "but it seems the only evidence you would admit would be the actual coming to fruition of a financial crisis,"

    Nope, a sharp rise in interest rates, surge in inflation, angry creditors clambering for repayment, a bailout, etc. that can be traced directly to the nation's monetary or fiscal situation.

    You know, the kind of thing debt hawks have been predicting for many years... but have never actually happened.

    "....rather than IMF, BOJ, OECD etc warnings about the risks...."

    Do you seriously consider "warnings" to be evidence?!? The straw is indeed being grasped.

    Posted in: OECD says Japan should raise sales tax again next year

  • 8

    JeffLee

    In Britain, there is often a single pole on a residential block, with the cables radiating out spoke-like, causing no unsightliness as in Japan. In North America, the lines run straight and orderly, often on grassed boulevards.

    The spaghetti eyesore in Japan is a result of a lack of spirit of cooperation among residents and lack of cohesive development plans.

    Posted in: Why does Japan have so many overhead power lines?

  • 0

    JeffLee

    "what IS are doing has nothing to do with religion."

    So where did they get their Jihadi ideology, then?

    Posted in: Avoid a classic blunder: Stay out of religious wars in the Middle East

  • 1

    JeffLee

    "If you believe the Japanese government's finances are sustainable I don't think this discussion is for you. "

    Let's see some real evidence that Japan's finances are not "sustainable."

    You recently had the chance to provide some: when the world's biggest financial istitutions started shifting away from buying Japan's debt, a move your ilk universally predicted would prove "unsustainable" to Japan, triggering a meltdown.

    However, the unraveling never happened. And so your potential evidence went poof. Gee, I wonder why?

    Posted in: OECD says Japan should raise sales tax again next year

  • 0

    JeffLee

    "Like the carnage between Protestants and Catholics that haunted Northern Ireland...."

    An asinine comparison. In Ireland, 3,000 people died in 30 years. In Syria alone, the death toll is 200,000 in the last few months!. The IRA or RUCs were not spiritual organizations, It was about politics and territory.

    In the Mideast, it's solely about religion. Read the manifestos of ISIS and Taliban, etc. It's all religious and spiritual dogma.

    Posted in: Avoid a classic blunder: Stay out of religious wars in the Middle East

  • 6

    JeffLee

    The hospital ID card is so obvious, that I wonder whether it's a diversion tactic by the real murderer.

    Posted in: 47-year-old man arrested after body parts of missing 6-year-old Kobe girl found

  • 1

    JeffLee

    "Why compare Japan to (Greece)"

    Good question. My only answer is that he doesn't understand the concept of fiscal debt and currency systems.

    "The OECD’s Tamaki said Japan’s burgeoning debt held the “risk of rising interest rates due to the unpopularity of government bonds”."

    People have been warning about this for many years. Just one problem: they've always been wrong. Rates declined when they said they would rise. Time to get a new worldview, people. Pick up an econ textbook while you're at it.

    Posted in: OECD says Japan should raise sales tax again next year

  • 4

    JeffLee

    "Japan shouldn't get involved. It has nothing to do with them"

    tell that to the families of the 10 Japanese engineers murdered by Muslim terrorists in Algeria last year. There's also Yukawa, now held by ISIS.

    Sorry, non-believers are non-believers, according to Jihadis. All deserve to die in their twisted minds.

    Posted in: The U.S. is putting together a coalition, including Japan, to eradicate the threat to the global community from the Islamic State. Do you think military action will be effective or will it make the situation worse?

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