sangetsu03's past comments

  • 2

    sangetsu03

    It is not the will of the nation which is being expressed by Abe. He and his party were not elected to change the consitution and militarize the country, but to turn Japan around from it's economic decline. I don't think that Abe's actions are in any way democratic, it looks like he has done the politically common "bait and switch" scam upon the people. But that is what Japan and it's people get in return for their apathy.

    Posted in: It's a denial of democracy if just that many protesters would be enough to decide the will of the nation. The number of voters in Japan is 100 million. The protesters in front of the Diet would be nothing in comparison.

  • 4

    sangetsu03

    Arrested for not carrying his passport. I know it's a crime but he was definitely singled out. Are the police going to arrest all the Olympic vistors who don't carry their passports?

    I know plenty of people who have been detained for not carrying their passport or residence card, in Japan doing so has always been considered a crime. Usually you will have to sit at the police staion until you can get someone to bring either document.

    And of course foreign vistors to the Olympics will have to carry their passports, just as they did for the winter games at Nagano, and other large sporting events.

    Posted in: U.S. activist featured in dolphin hunt film 'The Cove' arrested

  • -1

    sangetsu03

    In developing countries you need to "pay to play". In Japan this of course happens just as it happens everywhere else, but like in other developed countries it happens only to a certain extent. In the case of China, getting the railway contract is a political exercise which will get full state backing, and carte blanche to bribe whoever however much they want. China is perfectly comfortable to lose a lot of money in the venture, just as the Soviet Union did in the building of the Aswan dam.

    There was recent news of Malaysia's prime minister transferring hundreds of millions of dollars into private bank accounts he owns. Don't doubt that Indonesia's top politicians will soon be making similar transfers of their own. Indonesia's high speed train will be a massice exercise in state-sponsored looting of the people's assets to increase China's prestige, and enrich Indonesian poltiticians.

    Indonesia cares nothing about the quality, safety or efficiency of their rail project, or they would never have allowed China to place a bid in the first place. They are only about "show me the money". Such shenanigans will only ensure that Indonesia and China willl never become developed countries.

    Posted in: Indonesia favoring China over Japan in railway bid: gov't sources

  • 2

    sangetsu03

    The problem with these type of immigrants is rather than getting away from the problems in their home countries (crime, poverty, corruption, and violence), they often bring these problems with them. They generally don't assimilate well (though a few do) in their new homes, and often form a more-or-less permanent subculture which resembles what they left behind. Rather than elevating themselves to the standards that surround them, they prefer to stay as they are, and in doing so, they end up lowering the overall standards that surround them.

    Posted in: Migrants seek EU's field of dreams

  • 2

    sangetsu03

    Funny that the top selling items at fast food places like McDonald's are not new products at all, they are the basic menu items which have been unchanged for decades. I don't go to McDonald's to try something new, I go there because i know what they serve, and the meals are consistent.

    McDonald's, for all it's faults, knows much more about markets and business than Nomura does. Nomura giving McDonald's advice on menu items is like Pee Wee Herman giving the Pope advice on religion.

    Posted in: Fast food businesses have to gradually put out new products that make use of their companies' strengths, keeping in mind the appeal of fast food: cheapness, convenience, and tastiness.

  • 1

    sangetsu03

    Should we also end skydiving, horseback riding, scuba diving, swimming, deep sea fishing, riding motorcycles, and any other activity where there is risk involved? These activities kill hundred of thousands every year. How about smoking cigarettes? Smoking causes the premature death of nearly half a million every year in America alone. Everything we do involves risk, some things more than others, you can't lock up everyone in rubber rooms to keep them safe. Race car drivers love to drive race cars, or they would do something else. They take the risks, they face the consequences, it is their choice, not yours or mine.

    Posted in: IndyCar clearly too risky; time to shut it down

  • 1

    sangetsu03

    The richest and the poorest are generally unfazed by such events, the former plan for such things, the latter never plan for anything at all. The middle class is the one which is hit hardest, and few middle-class Chinese can afford to travel overseas.

    Posted in: Chinese tourists unfazed by currency fall, market turmoil

  • 2

    sangetsu03

    I wonder if he had taken any drivers education courses.

    This isn't America, where you get a learner's permit at 15, driver's ed at high school, and then a license on your 16th birthday. Here in Japan you have to wait until you are 18.

    I myself got my license at 16, and spent as much time driving as I could afford (gas was expensive). I admit I was not a very safe driver, and on Friday and Saturday nights I would stay out as late as I could, usually with friends.

    I am sure that this young man and his friends were only having fun, which is the cause of a great many accidents, even for those of us with more experience. By best wishes to his family, and to the other families involved.

    Posted in: Driver killed, 5 passengers injured after car hits traffic light pole

  • 0

    sangetsu03

    Since there is no real Abenomics, Abe will do what other politicians do to divert people's attention from the promises he made; foment security fears about China, North Korea, and any other potential military threat to Japan. Fear is the greatest tool of control politicians have, after all, if we had nothing to fear, we wouldn't really need them, would we?

    Japan has had no security issues in the past, even during the days of large Asian conflicts like the Korean and Vietnam wars, and Japan will not have any such fears in the future if things remain as they do. But if Abe changes the constitution, and creates an offensive force, Chinese politicians will then have a tool to use against their own people, and give them an object of fear/hate greater than economic problems, corruption, and the plague of other problems Chinese politicians are trying to deal with.

    Worse yet, if Japan and China greatly expand their militaries, and increase military readiness, there is a greater potential for accidents and misunderstandings. Added to all of this is that neither Japan nor China have the money to waste on expanding their militaries, and the cost of this expansion is going to weigh heavily on the people.

    How would the US economy hold up without perpetual war, though?

    Quite well, actually. America's adventures in the Middle East have been a net loss. America has spent more money on welfare than defense since the end of the Vietnam war, and is spending less now than it has since before anybody us were born.

    Posted in: 120,000 protest against security bills outside Diet

  • 1

    sangetsu03

    Suppliers never like lowering prices to the consumer even when prices fall like all the commodities at the moment.

    Welcome to Japan, land of corporate collusion and price fixing. Remember when the yen gained 40% against foreign currencies from 2008 to 2012? We didn't see the price of imported goods drop in price by a single yen. When I priced a new car in Tokyo in 2007, when the rate was 131 yen to the dollar, the same car was the same price in 2012, when the rate was 74 yen to the dollar.

    According to the companies who practice this thievery, they say they do it to "protect consumers from price fluctuations". We won't see much, if any drop in prices at the gas pumps or our energy bills.

    Posted in: JX Nippon Oil & Energy Corp to refine less crude oil in September

  • 1

    sangetsu03

    A weak law that requires companies to set a target, whatever target they want, and provides no requirement that they meet that target or even take any action to try and meet that target.

    "Abenomics" in a nutshell.

    Posted in: New law requires companies to set goals in hiring female execs

  • 1

    sangetsu03

    You're right. Those kids should be as smart as you and start their own companies. You're in the colorful unicorn business, right?

    I am in business, and that is sufficient. I work hard, We can send my kids to international school, and we can live in a large apartment in the center of Tokyo. We can eat and dress well, and We can afford to send my children to university overseas.

    But when I was young I had some pretty bad jobs, cleaning horse stalls, working in a junkyard, washing pots and pans in a cafeteria. I painted houses, cut grass, and washed cars. These high school students will never do these jobs, or receive the poor pay I did, no matter how "black" the company they work for.

    If they are "lucky" they will get a job at one of Japan's more famous companies. There they will do menial work for mediocre pay. They will be promoted by seniority, and earn the average Japanese annual salary of 4.5 million yen per year by the time they reach their 40's. They will be entitled to 10 days of paid vacation per year, but they will never be able to take more than five days consecutively. Their incomes and homes will be too small to raise a family comfortably. Their commutes will be long, their greatest pleasure will be sleep, and eating out at a restaurant once per month.

    They will work long hours, and if they are lucky, they will get some overtime pay. Once they are promoted to a senior position, they will lose overtime pay, and will likely work during their vacations. They will never leave their jobs because they won't be able to get another full time job with anyone else.

    And all of this is the reason why suicide is the leading cause of death of young and middle aged Japanese people. If these high school students want to be part of this system, good luck to them. Too bad they are never taught that they have a choice.

    Rather than trying to change companies to be what they want them to be, they should make the companies as they think they should be made.

    Posted in: High school students form union to fight 'black baito' companies

  • -2

    sangetsu03

    All that, and you left out the part about the million illegal Mexican laborers - without which US agriculture as you know would cease to exist. I did a comparative study of produce in the US and Japan, along with US farmers. The computerized sorting machines (yes, that's a big part of farming) in Japan were miles ahead of the US.

    Hmm, America has been the world's largest agricultural producer for a long time, and you forget that America does have a program for Mexicans to work in agriculture legally. Please post a link to your study, we would love to see it. The average Japanese farm is about what, 1/20th the size of an average American farm. Japan has 4600 hectares of farmland, America has 2.3 billion hectares. Yet I suppose that Japan has managed to come up with more efficient ways to harvest and sort food generated by the average 1.65 hectare Japanese farm? Do you think we are stupid?

    Posted in: I was asked by farmers to create a robot that can carry heavy stuff.

  • -5

    sangetsu03

    Let's hope somebody actually has the guts to publish a list of the guilty.

    The list has been published, the government puts it out every year. You probably frequent one or more of the companies on the list, you may even work for one. Those poor fools who teach English spend full-time hours at work, and receive part-time pay.

    Rather than form a union, the best thing to do would be to read the list, and simply avoid going to work for any of the companies shown on it. If a company cannot get workers because of it's pay or labor practices, it will have to change them so it can.

    If these high school students were really smart, they would avoid working for anyone else altogether. They should be staring their own businesses and companies, and paying themselves instead of becoming wage slaves to someone else. Japan does not have enough entrepreneurs or new businesses being started, which decreases competition, and increases the numbers of black companies.

    Posted in: High school students form union to fight 'black baito' companies

  • -1

    sangetsu03

    Why is the NATIONAL government even involved in this? It is the TOKYO Olympics, not the Japan Olympics. Can anyone imagine Barack Obama and his Cabinet or the Senate or Congress being involved in, say Los Angeles' Olympic preparations? Ottawa was not involved in Vancouver's Olympics... Our tax dollars hard at work!

    One of Obama's first flights on Air Force1 was to visit the Olympic committee in Europe in hope of persuading them to choose Chicago for the 2016 games. This trip has also been considered as Obama's first diplomatic failure. The cost of the trip? About $180,000 per hour. Chicago spent (squandered) about $40 million in their bid to get the Olympics, the state of Illinois had agreed to put up $150 million for the bid. The total cost was estimated to be from $1 billion to $5 billion to host the games.

    Currently Brazil has spent about $2.5 billion, with the games still a year off. Don't be surprised if that number more than doubles before the games are held.

    The cheers we heard when Tokyo was awarded the games have already changed to groans, and the games are still 5 years away.

    Posted in: Japan to cut cost for Olympic stadium by third, say lawmakers

  • -1

    sangetsu03

    So far Trump has assured his Corporate Master he can sit up and beg. Don't kid yourself, Trump will dance like a clown if Murdock tells him to, and maybe because he really is just bat squat crazy, Trump too.

    Of all the candidates on either party, Trump is probably the only one without a genuine corporate master. When the other candidates are raising millions for their campaigns, they are generally obligated to repay the favour. Obama raised $600 million in his first election, he has quite a few corporate masters to repay.

    And right now it appears that rather than being buddies, Trump and Murdoch are at each other's throats. Funny to see Fox News tearing into Trump (with Trump happily returning the favour), and CNN treating him with respect.

    Posted in: Trump dumps insults on questioners; insists on control

  • -1

    sangetsu03

    ...that movement does exist and pure capitalism hasn't been used in a long time. But when the big crash comes from all this manipulation and unacceptence that markets need to go down sometimes, guess what is going to be blamed. Capitalism.

    "A program whose basic thesis is, not that the system of free enterprise for profit has failed in this generation, but that it has not yet been tried". FD Roosevelt

    The Great Depression was of course blamed on capitalism, but when you look at what happened closely, it was not capitalism which caused the greater damage, but the intervention which followed it. Markets and economies collapsed in 1929, but they were recovering from this collapse while the New Deal was being created. It wasn't until after the New Deal was enacted that America, any by extension the rest of the world, fell into the deep depression. Had the federal reserve done the job it was intended to do, and prevented the run on the Bank of the United States, it is quite possible the depression could have been averted. The "Bank of the United States" was not sponsored by the United States, or affiliated with the government, but immigrants in New York did not know that, and many deposited their money there, including the bulk of small businesses in the New York area. But since the bank was owned by Jews, the federal reserve and other banks were reluctant to help. When the Bank of the Unites States failed, the depression began. Even so, the bank runs eventually stopped, unemployment stabilised. Then the New Deal was enacted, a country and system unused to the welfare state reacted in a negative way, and a depression became the "Great Depression".

    This easing has nothing to do with improving the economy. They just spin it in the media for the masses. It's all about protecting their asses and bad investments.

    The following is something I found in the Fiscal Times.

    When you make it more affordable to invest in a particular thing, in the long run that leads to an increased supply of that thing and ultimately lower than expected prices.

    Unless, of course, you keep supporting those prices with more interventions. We just can't face up to the fact that those investments were unjustified or that the policy was unwise. So we devote the nation's treasure to making the lies true.

    A smaller population is NOT a bad thing. For an overcrowded country like Japan, population decline is a good thing. In 20~30 years time when Japan's population falls to about 90 million, the quality of lives of the people will increase as there is less crowding, less stress and more resources can be allocated for a smaller population.

    Unfortunately, for governments population decline is a bad thing. This is because all government spending and entitlement programs are designed in such a way that they can remain solvent only if an ever larger number of people subscribe and pay. Without a growing population Japan's National Pension Plan, and numerous other entitlement programs cannot be maintained. If the population declines, you are going to be in for a bad time when your turn comes to retire. I hope you are saving a lot. But then again, with the government printing money to pay it's bills, your savings may be worth no more than toilet paper when it comes time for you to retire.

    Didn't people learn anything from the excesses of the 20th century?

    People have learned, governments have not. You yourself are probably careful not to spend more money than you earn, you cannot spend excessively as you will go bankrupt or worse. But your government does not apply anything resembling economic responsibility to itself. It is easy to be responsible when you are spending your own money, but you might not be as careful if you were spending someone else's, particularly if you are spending the money of people who haven't even been born yet, which is what your government is doing.

    I am watching stock prices right now, and of course they are going up. They are going up because China had lowered interest rates (for the fifth time time year) to resuscitate the Chinese stock market. Stock prices are also going up because the BOJ has promised more welfare for the stock market if prices slide. In less than two years we have seen a 15% increase in Japan's debt, largely as the result of this stimulus nonsense. This was supposed to stimulate growth, and the amount of growth generated was supposed to pay off the extra money printed, borrowed, and spent. But right now growth is at a standstill. The stock market is flush with freshly printed and distributed easy money, but everyone else is no better off than before, and the government's debt burden on society is 15% heavier.

    Because they don't do this they are either dumb and failed economics 101 or just more concerned about their own pockets. I think it's a bit of both.

    They have been this way throughout time. Anyone who things politicians serve the people before they serve themselves is simply ignorant. They are buying your vote with your money, and getting a large cut for themselves in the process. That is the way it is done in a democracy. At least in a monarchy or theocracy the ruling class is honest in it's intentions. I love to rant against the system, as countless generations have, but in the end the best thing I can do is take advantage of it.

    Posted in: Japan inflation flat; household spending slips

  • 0

    sangetsu03

    Whether his challengers are fellow presidential candidates, the press or others, they are, according to Donald Trump: incompetent, weak, pathetic, disgusting, idiots or the like.

    I am not a fan of Trump, but I have to agree with his opinion. The words he used would describe the majority in government in both parties, and much of the press as well.

    Posted in: Trump dumps insults on questioners; insists on control

  • -1

    sangetsu03

    What an idiot!! Additional easing?? That will raise prices even more and cripple the domestic consumer market even more!! Is he crazy? Raise wages significantly! Put money in people's pockets and give them the time to spend it!!

    You are talking about a bunch of hereditary politicians who have never worked at a real job in their lives, and they are advised by lifetime academics who could not run a convenience store profitably. Yet they are the ones with our chequebook, spending the wealth of current and future generations. Raising wages and putting money in people's pockets would have the same result as QE, it would drive up prices and negate whatever increase in pay they received. Japan's problem is not a lack of capital.

    The sad thing is that nature is already trying to correct the situation through deflation. Left alone, the economy would eventually find a bottom, and the start to grow again. But with 1.157 quadrillion yen of debt, which is accumulating interest, and 27% of all government expenditure going to service this debt, deflation is unacceptable. But the effect of all this printing, borrowing, and spending will only increase the distance of the fall.

    Geez where are the pundits now who said wages have increased and the economy is getting better?

    Probably looking for a way to blame the bad news on anything other than the fiscal irresponsibility of the public sector. They will blame the decline in the economy on the sales tax for negating the effects of the government's stimulus programs. They will overlook the fact that the tax increase was 3%, which would have been close to the amount of "price stability" (inflation) the government had hoped to achieve through QE. Tax or no tax, the goal was to increase inflation, and the net effect to the consumer would have been the same, he would be robbed of a percentage of his income and savings because the government has spent too much.

    Now if Abe would just get his nose out of trying to remilitarize Japan and get back to Abenomics...

    It's rather obvious that there is no "Abenomics", and even if there was, it is probably now too late for any reforms or changes to make a substantial difference. For all intents and purposes, and for all the additional debt incurred so far, Japan is probably in recession as we speak. And when the second quarter numbers are revised, they will be revised downward (as all previous numbers have been).

    The "record amounts of cash" companies are sitting on took a hit in the stock market sell off, about $10 trillion in market capitalisation vanished earlier in the week. If you want to know why companies are holding onto capital, now you know why. The markets are now completely hooked on low interest rates and continued government stimulus, and are no longer relying on old fashioned things like sales, demand, and performance. If the stimulus stops, and/or rates are pushed up, we are going to be in for a much worse hit than 2008, and we won't be able to blame Bush for it. Instead of preventing the financial crisis from becoming like the Great Depression, all the intervention and debt might produce the opposite effect than was intended.

    In the 70's there was a movement begun by socialists who hoped to topple capitalism. Their idea was that governments would be encouraged to increase welfare spending to the point that the expense would be unsustainable. The resulting collapse would bring about a "revolution" in which capitalism would be replaced by socialism. Looking at the direction the world's developed companies are headed in, one wonders if this movement is still alive and working.

    Posted in: Japan inflation flat; household spending slips

  • 2

    sangetsu03

    I have ridden on the Chinese bullet trains, including the linear motor train from Shanghai to the airport. It was terribly noisy, and the ride was quite rough. It was bad enough that I will take the bus on my next trip. If I were Indonesia, I would rule out China as a supplier.

    Posted in: China, Japan vie to build Indonesia's first bullet train

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