sangetsu03's past comments

  • 0

    sangetsu03

    sangetsu always picks up those three J companies that are struggling right now, but never mentions the companies that're doing good (almost all other big companies) to describe Japan's business sentiments.

    According to government figures, only 30% of companies in Japan are currently reporting a profit. That is much more than 3 companies.

    Posted in: Japan business confidence up in sluggish recovery

  • 0

    sangetsu03

    For whom? Sure "big"business is making money, the rich are getting richer, as real wages and money gets tighter and the poor get shafted.

    I don't know any Japanese "big business" which is making money. The big automakers don't really count, because their profits and tax are earned and paid overseas, Japanese automakers have lost money on Japanese domestic sales. And we already know that Sony is laying off people, Hitachi is deeply in the red both last year and this year. Panasonic and sharp have managed to eke out small profits, but these were due to sales before the tax hike, they aren't selling much now.

    It looks like the LDP is out twisting arms to create some positive press.

    Posted in: Japan business confidence up in sluggish recovery

  • -2

    sangetsu03

    sangetsu, So you do admit they're ripping off Japanese companies. And you also admit it is a good thing that Japan's court do the same not only to US's but other countries' firms including Japan's.

    How much did you pay for a movie ticket the last time you went to a cinema? Was it 1800 yen? If you went to a cinema on the other side of the city and bought a ticket, how much would it cost? Would it still be 1800 yen? Yes it would. Why do all cinemas charge the same price?

    If I go to a cinema in America, a ticket will cost anywhere from $2 to $12. All cinemas charge different prices in order to compete with each other. If two or more cinemas in America meet in secret and set their ticket price to be the same, it is a crime, and the theater owners will pay a large fine, and/or go to jail.

    How do you feel when you have to pay 1800 yen for a movie ticket when an American or European pays half that much? Do you feel ripped off?

    Price-fixing is corruption, and it is an unacceptible practice in developed countries where customers are supposed to determine the market value for goods and services. Companies which don't have to compete against each other are less likely to innovate or improve, or offer good products and valuemto their customers. This puts the entire economy at risk, especially in a world where there are more competitive emerging markets. This practice orf price-fixing is one the reasons Japan's economy is declining.

    As far as I know, no foreign company has ever been charged with price-fixing in Japan. But few foreign companies have much access to the Japanese market, do they?

    Posted in: Japanese shipping firm fined $67.7 mil for price-fixing

  • 1

    sangetsu03

    Economics 101 here. The downturn in the economy was predicted long before the tax was put up. For demand to go up, people need more disposable income. Wage increases certainly could help in that area, and certainly cuts on income taxes (especially from Japan's rapacious ward offices) would also go a long way to boosting net incomes, and, subsequently, demand.

    Here is some economics 101. The problem with decline has nothing to do with wages or income, but with a high cost-of-living. Japan's closed and non-competitive business practices, combined with price fixing, tariffs, taxes, and other such things have raised the cost of living to the point it can no longer be born.

    The natural result of this high cost of living is reduced consumption and demand, which in turn causes deflation. If allowed to run it's course, deflation would eventually lower prices to the point people were willing to pay. The economy would stabilise, and growth would begin to occur again.

    But Japan is a heavily-indebted country. The government is carrying a staggering amount of debt, as are many of Japan's larger companies. Any deflation greatly increases the weight of these debts, and makes repaying them more difficult. 2% inflation would lighten these heavy debts by 2% each year, which is a significant amount. 2% deflation would increase the weight of these debts by 2% each year, and these debts are almost being bearing as it is.

    So, despite the natural tendency for deflation to stabilise the economy, the government is trying as hard as possible to cause inflation. But inflation which is not caused by increased demand simply cannot work. It is like drilling holes in the bottom of a sinking ship to let out the water. Abe, Aso, Kuroda, and all of their friends are going to run for the lifeboats pretty soon. I doubt there will be enough boats for all of us.

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

  • -2

    sangetsu03

    Furthermore, Japan cannot throw its farm industry (and medical, and its various other industries) under the bus just for the benefit of American companies, and if you think the US is sticking to zero tariffs, as Japan is sticking to the alternative, for anything but self-interest you are mistaken.

    How I read the treaty, it is pretty clear that it states all tariffs abolished by 2015, there were no exceptions mentioned. Most of the signatories are already standing by this particular position.

    As for being "thrown under the bus", that is where Japanese consumers find themselves. The issues of agriculture and medicine are a sham. If you take JA's near monoploy of the farm sector out of the equation (JA is the exculsive supplier of agricultural chemicals and seeds, as well as the main distributor of Japanese produce) the farmers might not do so badly. As for Japanese pharma, I had to pay 1200 for a box of 40 aspirin at a pharmacy yesterday. I could have bought 250 for the same price at an American pharmacy.

    Japan is not interested in being part of TPP, their goal is to delay it's implementation as long as possible, or sabotage it outright. Japan would never let a free market of consumers determine the prices of the things they buy. Big business and their pawns in the bureaucracy depend on price-fixing and non-competitive business practices, and the resulting graft. These have all resulted in an exhorbitant cost of living, which in-turn, has resulted in a falling population, and deflation.

    Japan has been making all possible efforts to help sell US car in Japan for decades. Japan puts no tariff on US car, Japan puts tax on J car, Japan moved J car production to US, etc.

    You are right, there is no tariff on imported cars in Japan. But why does an American car cost up to 40% more in Japan than it does in America, Europe, Canada, Mexico, Brazil, Russia, South Africa, or Australia? Japan has rather large non-tariff barriers against imports. Japanese distributors charge more to transport foreign cars, and the government stipulates that brand-new foreign cars must be individually inspected before being sold. Japanese cars do not require this inspection, they get their first inspection after two years. The ironic thing is that US emissions standards and safety standards are higher than those in Japan, yet new cars must still be inspected just to make sure. This is why American car manufacturers do not want anything to do with Japan being in TPP.

    Posted in: Japan, U.S. blame each other for snag in TPP talks

  • 1

    sangetsu03

    What recovery? There is not and has not been any "recovery." The only economic "growth" that occurred prior to the sales tax being implemented was largely the result of government stimulus squandering. Somehow in Japan, if you borrow a few trillion yen which does not exist except in a politician's wet dream, and spend it on pork-projects, you can add those spending figures to GDP growth. What a laugh. That the money was borrowed at interest, and is not any type of what sane human beings define as a "product" (gross domestic "product") doesn't seem to occur to the government.

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

  • 8

    sangetsu03

    How come Nissin Foods did not lower any of their prices when the yen went down to 76 to the dollar? A 40% increase in the value of the yen netted them a 40% decrease in the cost of their ingredients and packaging materials, yet they didn't lower their prices by a single yen, did they? Sorry, but I have no sympathy for them.

    Posted in: Nissin Foods to hike prices of 250 products from January

  • 2

    sangetsu03

    And some people want to know why imported cars in Japan cost so much more than domestic cars? Unfortunately, the Sherman act only applies to goods shipped to America, things shipped into and sold in Japan are all subject to these schemes. What a scam.

    US govt is the boss. They can interpret their own laws any ways they like. Maybe Japan's govt should do the same.

    American companies have been punished under the same law, and similar laws exist in every developed country in the world. Such laws even exist in Japan, but unlike the rest of the devloped world, Japan ignores these laws, and permits this practice. Do you like being ripped off?

    Posted in: Japanese shipping firm fined $67.7 mil for price-fixing

  • -1

    sangetsu03

    sangetsu03, How many more years do you think US should keep "We're the war winner, and Japan, you're the war loser. So you listen to us" attitude to Japan? SKorea said 1,000 more years. How about USA?

    If it is one day per each life which Japan took during the war, how many years might that be? How cheaply do you value life? Such things are hard to forgive, and should never be forgotten.

    The moment the death and destruction are forgiven or fogotten is the moment they may be repeated.

    Posted in: Former diplomat fears for future of Japan's democracy

  • 3

    sangetsu03

    The only thing Abe will be watching is Japan's economy suffer more decline after he increases the tax next year. Then he will have a blank check to spend another 5-10 trillion yen that the government doesn't have, and will have to print and borrow from itself in order to further "stimulate" the economy.

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

  • -1

    sangetsu03

    Japan IS a US puppet.

    Which is what happens when you attack a much stronger country without a warning or a war declaration, start a war which kills millions, and then surrender "unconditionally." Do these things, and you deserve whatever comes to you. Japan has done much better as America's puppet than they would have done under the Soviets.

    Posted in: Former diplomat fears for future of Japan's democracy

  • 4

    sangetsu03

    The first of these is the restart of nuclear power plants. Earthquake-prone Japan is vulnerable to the possibility of a repeat of the same kind of disaster that occurred in Fukushima. The country is presently managing without. Why not continue?

    The country is not presently managing without. The increase in the cost of imported fuel have helped cause huge trade imbalances which are paid with foreign assets which were carefully acquired over decades. These foreign asset holdings are part of the reason why JGB yields have been so low. If the amount of foreign holdings becomes too low, then perceived risk will rise, along with bond rates, which would be catastrophic to Japan's heavily-indebted economy.

    According to its provisions, companies that cannot realize a profit have the right to take claims to court, effectively taking sovereignty away from the respective signatory countries.

    Huh? Companies have the right to take claims to court if other countries renege on the intentions of the treaty which result economic harm said companies. Such a clause is necessary, particularly when the treaty includes Japan, which has a long history of quickly erecting non-tariff barriers to prevent free access to their market. The phrase "cannot realise a profit" is disingenuous, because this phrase does not exist in the treaty. There is no point in having a treaty if there is no legal recourse to enforce it, especially if Japan is a signatory.

    Democracy, at present, is producing the continuous creaks and rumbles that typically precede an imminent collapse. Nevertheless, many people continue to support an administration that’s leading it toward just that result.

    Democracy? How funny is that? Not even in America have we had a real democracy since Jefferson was president. The powers-that-be select the candidates, and the voters get to choose between them. No one from outside the machine is allowed to become a part. Why do you think we have prime ministers who are the sons and grandsons of prime ministers? That the people actually believe democracy exists just goes to show how stupid the world is.

    Posted in: Former diplomat fears for future of Japan's democracy

  • 0

    sangetsu03

    Mission accomplished! as long as that mission was to screw everyone but the rich.

    I don't know any of the "rich" who haven't been screwed as well. The rich have seen their business fall as their customers are spending less. And of course, the rich have to pay the tax as well, don't they? The only of the rich who have benefited are those who are politically-connected.

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

  • 8

    sangetsu03

    TPP was never supposed to include Japan. Japan decided to join in the treaty long after the charter had been written, and they were reluctantly admitted because the US supported Japan's being included. The original TPP charter was simple, the treaty would go into effect in 2013, and over the course of two years, all tariffs would be abolished. There were no exceptions for any particular sectors.

    Japan knew this when they pushed their way into the treaty, but after getting in, they had a change of heart, and decided zero tariffs were quite good, so long as they diid not apply to Japan. Japan has always gotten their way in any trade agreement they have entered for the last fifty years, and I guess they thought they could do the same with TPP.

    The other countries would love to have free access to the Japanese market, just as Japan already has free access to most of theirs. But no one realistically expects it, which is why America is the party which is stuck with negotiating with Japan. Japan has by far the most to lose by not joining TPP, America and the other countries need to tell Japan to give a yes or no answer, and stop wasting everyone else's time.

    Without TPP there is no "Abenomics", because without real trade reform, any other reforms are doomed to fail.

    Posted in: Japan, U.S. blame each other for snag in TPP talks

  • 0

    sangetsu03

    Hopefully, Japan would take these two months of time to find a way to Keep the negotiation alive (dropping the childish procrastination once for all).

    And pigs will fly, and hell will freeze over. Japan's interest in TPP may have been only to sabotage the treaty, without ever seriously considering joining it. They have managed to delay it by two years already, if they could, they would go on for a few more years. This is an incredibly "Japanese" way of doing things. The word "no" is never used, but they often use the word "we'll think about it," which means "no."

    The bureaucracy and it's cronies are xenophobic and still ambitious, despite their advanced age. They will not allow control of the national economy out of their hands if they can help it.

    Posted in: Japan, U.S. remain apart in trade talks, dealing blow for TPP

  • 1

    sangetsu03

    Left alone, the militants would kill and kill until either there was no one else left to kill, or they simply got tired of it. An equilibrium would be reached, and a unpleasant peace would ensue. The militants themselves know little or nothing about anything, neither the world around them, or the religion the claim to believe in. Moses is a prophet in islam just as he is in judaism, and the islamic version of the ten commandments is remarkably similar. As is usual with many fervently religions people, they rely on "scholars" to provide them with the words, and never bother to read the fine print themselves. An old saying is that "god is in the details". If you don't care to read the details, you are not going be able to find or understand any god.

    By attacking the militants, the US and allies are committing what is known as an "injustice", which is really the only justification in islam for killing. By being provided an enemy greater than themselves, the militants have an easy target to direct their followers at. That the militants themselves have committed numerous injustices, and by divine right may deserve the punishment they receive, is never mentioned by their leaders. Even in islam, a just cause is required to fight and kill, but the people are too ignorant to judge what is just, and what is not, and therefore simply do what they are told.

    Were the middle east not a major supplier of oil, it would be ignored. The people would eventually sort things out for themselves, and more-or-less get along. But the middle east is a large source of oil, and this is the reason that the militants are taking the oil fields, setting up portable refineries, and the like. The west values it's comforts and quality of life, which are mainly fueled with oil. The leaders of the militants are not religious as the claim to be, they are greedy men who want the things which this oil can buy them.

    The west has been playing it's own games of "divide and conquer" domestically since the 1960's (and earlier). You can see Obama, Abe, Merkel, and the like playing this game every day by simply reading the papers. This has resulted in massive national debts, and slow or non-existent economic growth. The west has placed itself in a vulnerable economic situation. The islamic state could easily through a stone through the window, and destroy the last 5 years of so-called "recovery", putting to waste the trillions of dollars (which were more or less wasted anyway), and turning back the world's economic clock back to the end of 1945.

    The leaders of the militants are not as stupid as their followers, they are men of the world. They want the same things all ambitious and greedy men have always wanted, which is simply "more". A little ambition or greed is not a bad thing, otherwise people would not bother to study or work hard. But all good things must be taken in moderation. For some, the term "moderation" is a dirty word. They want it all, and they want it as soon as possible, at any cost (except their own).

    The US and it's allies will fight, and likely invade. They have put themselves in this position, and will have to pay the consequences. Thousands, or tens of thousands of militants will die, which is just, as they also put themselves in such a position, and must also pay the consequences. But many innocent people will also die, and for who's blood both sides will be responsible.

    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?

  • 1

    sangetsu03

    West Africa is cetainly overwhelmed, but Ebola is a symptom, not a cause. Where else in the world would a screaming Ebola patient draw a crowd of hundreds for a close look? Anywhere else the crowd would be running the opposite way. Where else would gangs of thieves steel the clothing and bedding of an dying Ebola patient while said patient was in the bed and wearing the clothes?

    Much of the aid, medicine, and money sent to west Africa ends up stolen, or diverted into the accounts of administrators and government officials. We tried taking such people and matters to task in Somalia back in 1993 by taking local authorities (such as there were) out of the loop, sending in the Army, punishing the theives, and trying to hand out aid directly. The efforts didn't work, and were unappreciated. I remember, because my unit was there.

    All the expensive infrastructure which was built ended up being destroyed and looted, even the concrete foundations were broken up to steal the metal reinforcing bars.

    You can't do anything to help people when they are not, ever, and at any point, willing to help themselves.

    Posted in: Obama says West Africa 'overwhelmed' by Ebola epidemic

  • 1

    sangetsu03

    So where did they get their Jihadi ideology, then?

    It comes from their leaders, who tell them that the greatest good men can do is to martyr themselves for the sake of their religion. They are told that an eternity in paradise awaits them after they die. If they knew that all that awaited them after death was an early start of an eternity buried in the sand, they might value their lives, and the lives of others, a little more highly.

    You seldom if ever see the imams, ayatollahs, bishops, and other religious leaders martyring themselves, do you? If martyrdom is such a quick way to paradise, why bother with living at all? But people are gullible when it comes to things they don't understand, they believe what others tell them. Fear is the greatest tool of control ever invented. Fear of satan and hell, fear of the unknown. People will believe anyone who they think can allay their fears, they will pay anything, and do anything, including blowing themselves up, along with as many others as they can.

    Most religion is based on fear. In places like the middle east, were people have a smaller proportion of the wealth and luxuries we enjoy, they have a greater proportion of religion. In their lives, there is little opportunity, hope, or beauty, so they want very much to believe that there is a better place. It is too bad that they are made to believe that they must first kill or die before they reach this place.

    Joseph Campbell's outlook on religion, heaven, and hell, is the best which I have found. "Heaven and hell are not places which we go after we die. Heaven and hell exist here and now, all around us." Which state we exist in depends on the choices we make here and now. One's life can be heaven, or hell, depending mainly upon what one makes of one's life. If you are sensible, responsible, keep yourself healthy, your environment clean, help you family, and those others which you can, then you will probably be as close to heaven as you will ever get. If you are senseless, careless, ignorant, and unhelpful, your life is likely to be hell-like.

    The most interesting quote I have ever heard is "god helps them who help themselves". It is a simple enough quote on the surface, but when you really think about it, it is an enlightening principle. This quote negates the need for organised religions. God exists in everyone, as the higher principle that sensible people aspire to. When we help ourselves by studying, working hard, and, in-turn, making the world around us a better place, the we become like gods ourselves, which must be true if in fact god exists in us.

    But we are told by priests and politicians that the world is an evil and dangerous place, and that in order to protect ourselves, or get into heaven after we die, we need their help (which always comes at a price). We are never told told that safety, success, or heaven are all thing we can obtain for ourselves, without their help. Constantly relying on others for help makes you helpless. The inability to help yourself condemns you to a small and mean life, always dependent on handout, or welfare subsidy. Failure to live up to the potential you were born with is the greatest wrong which you can do, to yourself, and to others.

    When you combine the greed and ambition of people like politicians or religious leaders with masses of ignorant people who are eager to believe in something better, then you end up with a world which is evil and dangerous.

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

  • 0

    sangetsu03

    The TPP would eschew the nations' Constitutional laws and trump the authorities of their heads of State and Government

    Nonsense. One of the causes of the American revolution was England's tariffs and stamp taxes on imported and exported goods. Anyone remember the "Boston Tea Party?"

    I agree! The TPP is not even a bona-fide free-trade agreement, but a transnational corporate dictatorship from what I've heard! Not only is it dangerous to sovereign nations, but it's also HIGH TREASON and an affront to God !!

    I agree there is a "corporate dictatorship" to overcome, but it is not transnational, it is Japanese. It controls everything and everyone in Japan. It controls the minimum prices you pay for food, cars, electronics items, and movie tickets. It controls the people by supporting an education and university system which graduates "drones", who receive little useful knowledge, and where criticism and debate are unkown vocabulary. It is intertwined with the government bureaucracy, which passes laws to protect the dictatorship, and refuses to enforce any laws which threaten it.

    In developed countries, the people are supposed to be the sovereign power, not an elite group of executives and bureaucrats who abuse their people and their power for personal pride or profit. No corporation or company in Europe or America has anywhere near as much control over their country, people, and governmmet as Japan Inc. has over Japan.

    Posted in: Japan, U.S. remain apart in trade talks, dealing blow for TPP

  • 6

    sangetsu03

    I said it 100 times already and I will say it again. Boeing is responsible for making sure that all the components work correctly. They have failed again, again and again. Suppliers only make parts based on specifications requested by Boeing. And suppliers can't test the entire airplane, only Boeing can, and they have failed miserably.

    Except that the main problem with the plane is related to a handful of batteries out of a few thousand, all of which were made by Yuasa. I used to work in a shop which made airplane engine parts, and we were respondble for testing and certifying each and every component before it was shipped to GE. As suppliers, we were also responsible if any of the parts we supplied were defective, not just GE or Boeing.

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

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