Monday May 28, 2012

cornbread1's past comments

  • 1

    cornbread1

    As with every communication, there are 2 messages that is always communicated: direct and implied. The direct message may make Joe/Jane consumer to purchase JGBs, but the implied message is that of desperation--Japan is reaching a state of desperation with its unmanageable and spiraling debts.

    Posted in: Gov't turns to AKB48 to sell bonds

  • -1

    cornbread1

    Is a man a woman? NO. Is an elephant a hippo? NO. Marriage is between a man and a woman, period. If people of the same gender wish to live together, so be it, but don't call is marriage. That's where I stand on this issue.

    Posted in: Beat Takeshi compares same-sex marriage with bestiality

  • 0

    cornbread1

    All J-consumer electronics firms all face a death sentence, provided they make transformational changes--come up with game changing products, market-changing strategy, or they will be fighting the ever increasing price-wars with the likes of Korean/Taiwanese/Chinese makers.

    Posted in: Panasonic loss balloons 10-fold

  • 3

    cornbread1

    When they made profits, the TEPCO executives and employees pocketed hefty bonuses; when they have losses, they pass the buck to "the government", aka, tax payers, aka you and I living in Japan.

    This privatizing of profits and socializing of losses have got to stop!

    Posted in: Gov't to take control of TEPCO in return for Y1 tril injection of public funds

  • 3

    cornbread1

    This is news? Writing was on the wall from day 1. The day someone of his stature is convicted is the day we see changes in Japan.

    Posted in: Ozawa found not guilty in fund scandal

  • 2

    cornbread1

    Easy to say that when you don't live here. With all these EQ predictions and after 3.11, shutting them all down is a no brainer.

    Posted in: OECD chief says Japan needs nuclear power

  • 0

    cornbread1

    blackpassenger--can't say much for the US either...record number giving up their US citizenship: http://www.dailymail.co.uk/news/article-2131225/Record-number-American-citizens-renouncing-citizenship-avoid-paying-taxes.html

    Posted in: Japan 'no longer a rich country' by 2050: think tank

  • 2

    cornbread1

    Japan could avert this crisis is more women went back to work...and yet, one of the main causes of this crisis is a low birthrate--go figure.

    Posted in: Japan 'no longer a rich country' by 2050: think tank

  • 2

    cornbread1

    Where does JPN have such money to give out???

    Posted in: Japan considering $60 bil contribution to IMF

  • 2

    cornbread1

    Yes, the amakudari, which comes in the form of govt and pseudo govt organizations (dokuritsu gyosei houjins), and practices of hiring former govt officials (such as by TEPCO and JAL) need to go. Then, guaranteed life-time employment system for all govt workers need to go. Then, the number of politicians in Nagatacho need to be slashed by 50% as do the number of govt workers in Kasumigaseki. All govt orgs need to have a hiring freeze for the next 5-7 years. And all the ridiculous fringe benefits for politicians and govt workers need to go (such as subsidized housing, free flights and transportation, etc.). Only after all of these, would we consumers feel justified for a consumer tax increase.

    Posted in: Get rid of money-wasting foundations, 'amakudari' before hiking taxes

  • 0

    cornbread1

    Madoff take II...and there will be many more, sadly.

    Posted in: AIJ suspended amid probe into Y183 bil pension fund loss

  • 0

    cornbread1

    Before raising anything, first, they need to cut all the unnecessary spending...just look around you now: do you see all the unnecessary public works projects that always seems to start around January-March time frame? That's because all these govt agencies are trying to use up their budgets. CUTS need to come before any raises, and this includes head-count reductions at both Nagatacho and Kasumigaseki.

    Posted in: Do you support the government's proposed consumption tax hike to finance social welfare?

  • 0

    cornbread1

    @Godan, this is not just a Japanese problem but a worldwide problem as much of employee motivation and engagement depends on the culture of an organization. It seems more prevalent here as group-think and peer pressure is much stronger than some countries. And the culture of an organization is built first and foremost through the hiring of the right people, putting them in the right seats, and firing those who are in the wrong bus.

    Posted in: Job interviews - 'Fools using a foolish method to pick fools'

  • 0

    cornbread1

    The perpetrators need to be prosecuted to the full extent of the law.

    Posted in: Pair indicted over murder of Nepalese man in Osaka

  • 0

    cornbread1

    What do you expect...first the govt needs to cut, slash, eradicate, get rid of ALL the wasteful spending including reducing the number of govt workers (komuin), reducing the number of politicians, reducing govt workers and politicians' salaries, eliminating subsidies to govt workers and politicians such as housing subsidies, eliminating all the zombie organizations set up for amakudari, letting the dokuritsu gyousei houjins become self-sustaining P/L centers, eliminating wasteful construction projects--unnecessary building of dams, roads, etc. ONCE the J-govt does this, then I will certainly consider a tax hike.

    Article Unavailable

  • 3

    cornbread1

    They refused to transform themselves to the new realities of today...this is what happens.

    Posted in: Kodak sues Fujifilm as stock slumps

  • 2

    cornbread1

    "Noda says Japan must tackle debt to avoid credit rating cut"

    I agree...but most of us completely disagree with his 'how' to address this....before increasing anything, first he must cut all the unnecessary spending including reducing housing and other subsidies for govt workers, reducing the number of govt workers, reducing the number of politicians, making the psuedo-private (dokuritsu gyosei houjins) entities to be P/L centers, eradicating the amakudari system, etc...Until he or the next PM does this, the citizens and residents will not accept these hikes.

    Posted in: Noda says Japan must tackle debt to avoid credit rating cut

  • 3

    cornbread1

    We are ALL one pitch away from humility.

    Posted in: As year ends, Japanese reflect on fragility of life

  • 0

    cornbread1

    Reminds me of the New Yorker cartoon with the caption underneath that has a man saying, "I want to take out one of those mortgages on my grandchildren's future."

    Or from Orson Welles' movie, Touch of Evil, when he asks a fortune teller, "Read my future for me." She replies, "You haven't got any. Your future is all used up."

    Posted in: Japan's public debt to hit record Y1,024 trillion

  • 1

    cornbread1

    Some day, someone will have to pay for this...whether is current generation or the next...and it will come in the format of higher medical and dental expenses, higher educational expenses (public), higher income and property taxes, and lower pensions. All the while, no one in cabinet has any guts to cut the number of government workers and wipe out zombie organizations and government safe-havens (amakudari).

    Posted in: Japan's public debt to hit record Y1,024 trillion

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