nigelboy's past comments

  • -2

    nigelboy

    I never mentioned "Lift the moratorium". Lets be honest here! If they need our tax money to survive then lets put that up for a vote and see how many Japanese want to subsidize this industry. And this antarctic hunt isn't about tradition or culture because*

    I'm not talking about the antarctic. I'm proposing the idea which was suggested by the U.S. to allow coastal whaling commercially in return for ceasing the Antarctic research. Of course, this was rejected by Australia.

    As to the vessels, ICR can and will reform into a limited company if the moratorium is lifted.

    Posted in: Japan cuts Antarctic whale catch quota

  • -4

    nigelboy

    Since the hunt hadn't been financially viable to begin with ("controversial program, which sees taxpayer-subsidies"), and their plan is to cut the quota by two-thirds, what's the point of continuing it other than to protect a dying industry and keep their political base content. Is it necessary for the government to save traditional/cultural industries, such as whaling, silk producers, and Katana craftsman and the like, using our tax money if sales of these products isn't sufficient to sustain said industries?

    Yes, Mr. Perfect. Lift the moratorium, cut the subsidies, and let the industry die naturally.

    Posted in: Japan cuts Antarctic whale catch quota

  • -3

    nigelboy

    Funny, it seems "the government's officlal data" has generally been wrong, hasn't it? As Simon said, if unemployment is down, and wages are up, why isn't the economy growing? If more people are working, and getting better pay, shouldn't things be getting better instead of worse?

    As I alluded to Simon above, are you stating that the 'shocking GDP' report in this article could be WRONG as well? Or do you simply believe the figures that best suit your argument?

    Your assertion that "Wages are not up (unless you are a bureaucrat), overall employment is down" was wrong. That was the base of your long paragraph above. But if you are going in the route of not basing your judgement on government figures, what are you basing it on?

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -2

    nigelboy

    Odd, isn't it, that if wages, employment and consumption are indeed all up according to the government's no doubt reliable figures (sic), Japan is in recession. Something does not quite add up.

    The determination of 'recession' were based on the so-called government numbers. Don't resist that either? Lol.

    You could have a private consumption go up and the wages go up and still have a negative GDP growth. You just have to understand the BASIC concept of what constitutes a GDP.

    In any case, my first link above gives you the breakdown. It looks like you didn't bother to read them.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -2

    nigelboy

    That still does not make him PM by mandate nor election by the Japanese public. Also he was elected leader AFTER the election, which is common in Japanese politics as well

    That's how parliamentary system works.

    After the LDP won, in a landslide by the way, election Abe won the party leadership role after a run off, LDP internal election in 2012 against Ishiba not before

    LDP Presidential election was in September of 2012.

    Posted in: Abe set to call election, delay tax hike

  • -9

    nigelboy

    And if you believe that's where it actually goes I've got that unicorn you've ordered on several occasions.

    Smith. It's the reformed law. What part of the link did you not understand?

    I'm too lazy to read the details to find out otherwise for myself, but isn't this just semantics? In any case the government is borrowing massive amounts of money each year. It's not like they wouldn't make social security payments if the consumption tax revenues fell short, is it

    Perhaps you should read them because it's essentially trying to match a certain revenue stream with a specific government outlay. Prior to that, the various tax revenues were all lumped together into general accounts and disbursed to different ministries. ?

    Posted in: Aso says sales tax hike delay must not happen again

  • -15

    nigelboy

    I am willing to pay even 15%-20% in consumption tax if my tax money went directly to support social welfare and ONLY social welfare like the government is claiming it needs my money for.

    That's what the law stipulates which was passed in 2012.

    http://www.mhlw.go.jp/stf/seisakunitsuite/bunya/hokabunya/shakaihoshou/kaikaku.html

    Posted in: Aso says sales tax hike delay must not happen again

  • -2

    nigelboy

    Please take some time to understand the election process here, the voters didnt elect Abe as their leader, his party did.

    His party elected to him the 'leader' before the general election. He became the 'face' of the party in the election.

    Posted in: Abe set to call election, delay tax hike

  • -2

    nigelboy

    Are these figures to be taken as seriously as all of the other published figures? like those which predicted GDP growth of 2.4% for Q3? Or 2% annualized inflation? Or the tax increase generating 5 trillion yen in additional revenue? Have any of these numbers, which were predicted by the best minds which the finance ministry and their Todai and Harvard-edcuated economists panned out?

    I meant to say "Overall employement up for 7 consecutive periods (quarters)"

    It's not a prediction. It's government's official data and not the "private" ones predicting the 'growth'.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -10

    nigelboy

    As finance minister, I am sure you are aware that you previous tax increase which was designed to increase revenue by 3% has ended up causing a decrease in revenue of twice that amount, or is basic math not a prerequisite for becoming finance minister? And since the first tax hike has reduced revenue rather than increased it, what do you think further increasing the tax will do? Isn't the definition of insanity doing the same thing twice but expecting a different result?

    It increased.

    http://www.mof.go.jp/tax_policy/reference/taxes_and_stamp_revenues/h201409.htm

    Posted in: Aso says sales tax hike delay must not happen again

  • -2

    nigelboy

    Wages are not up (unless you are a bureaucrat), overall employment is down, but full-time employment is at a record low level, and we all know that part-time workers in Japan are considered second-class citizens, who cannot get credit cards, car loans, or morgages, and whom after working long enough in their part-time jobs will be considered "damaged goods" by companies, who will never give them full-time jobs. Is this not so?

    http://www.esri.cao.go.jp/en/sna/data/sokuhou/files/2014/qe143/pdf/gaiyou1431_e.pdf

    http://www.stat.go.jp/data/roudou/sokuhou/4hanki/dt/pdf/2014_3.pdf

    Wages are up. Overall employment for 7 consecutive years. Private consumption is also up.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -7

    nigelboy

    Bingo. But Abe and the LDP will still win in a landslide. The Japan-Inc model is broken, but no on has the courage to tell the people that, and get the support needed to fix it.

    Perhaps the reason for this is that the voters can distinguish separate Abenomics and consumption tax increase.

    Banri Kaeda? Lol. Couldn't win in his own district.

    Posted in: Abe calls election; delays sales tax hike

  • 0

    nigelboy

    They most certainly do. In fact, whenever such ships approach the islands they shut up almost instantly.

    You're doing it again, smith.

    Who are 'they'?

    Posted in: Okinawa vote a blow to Japan-U.S. ties, say analysts

  • 1

    nigelboy

    Yes, japan has set the quota, so far no reports that they have violated it.

    That's my point. The quota was set a couple months ago (WCPFC) which is prior to this IUCN report(although it basically uses the same set of materials, reports).

    It's basically following the Atlantic Bluefin model where it was on a verge of extinction but recovered to where they will increase the quota in 2015.

    Posted in: Pacific bluefin tuna edges toward extinction

  • -6

    nigelboy

    Maybe in the next few days China will send a submarine nearby or more patrol ships and that'll shut up half the whiners for a little while when they realize they'd all like to keep the jobs they make from the US presence instead of waving to a Chinese flag.

    It won't. You do this quite often smith as if people who are against the presence of U.S. bases really give a rats xxx about China.

    Is it any wonder that when you state 'they' some posters are confused.

    Posted in: Okinawa vote a blow to Japan-U.S. ties, say analysts

  • -2

    nigelboy

    I could of swore I read an article on this site couple of months ago where Japan took the lead in halving the quota for Pacific Bluefin tuna (30kg under) and not to exceed the 2002-04 level of over 30 kg.

    Posted in: Pacific bluefin tuna edges toward extinction

  • -4

    nigelboy

    With the support of the LDP, if I recall correctly.

    And Komeito.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -5

    nigelboy

    Really, why don't you enlighten us, since Abe and his cabinet approved the consuption tax incease, and, since his massive pump-priming before the increase was supposed to help the economy withstand the impact of it?

    If it doesn't withstand it, you're talking about lowering it back to 5%.

    The law in of itself was passed under the Noda cabinet.

    You really are clutching at straws, and in an area that you are not expert in, as evidenced by your recent numerous posts saying how the high level of the Nikkei was proof Abenomics was working.

    Not only Nikkei, employment and wage are up as well.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -5

    nigelboy

    It appears many people here can't separate the difference between Abenomics and consumption tax increase.

    Posted in: Abe adviser calls for stimulus after 'shocking' GDP

  • -4

    nigelboy

    They keep requesting for Abes third arrow

    That's not what Lew is requesting.

    Posted in: U.S. Treasury Secretary urges Japan to use three arrows of policy

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