Always Question Motives of What People Say: Arnie Gunderson

There is a video that might be set to go viral on the Internet from a guy named Arnie Gundersen. It is about Fukushima. There are some glaring mistakes in his testimony. The media hasn't picked up on Gundersen heavily yet, but they might. I think now is a good time to show you why we should be very skeptical of yet another media creation and what s/he says. 

The video in question, as far as I am aware of, was first put up on a site named Chris Martenson. Martenson sells information to investors and recommends stocks and equities. He also has a plethora of online information and seminars that he sells to visitors. There's also a book or two. He is definitely selling an agenda. His site's sub title is: "Information on the global economy, environment, and our energy challenges." 


I went to that site and began to read the article in question interviewing Gundersen that links to the video. I stopped reading half way through the first paragraph. It's obvious that Gundersen doesn't know what he is talking about. The first paragraph reads: 


"I have said it's worse than Chernobyl and I’ll stand by that. There was an enormous amount of radiation given out in the first two to three weeks of the event. And add the wind blowing in-land. It could very well have brought the nation of Japan to its knees. I mean, there is so much contamination that luckily wound up in the Pacific Ocean as compared to across the nation of Japan - it could have cut Japan in half. But now the winds have turned, so they are heading to the south toward Tokyo..."


Right there, I can't stand to read anymore. Besides the sensationalist nonsense that, "It could have very well brought the nation of Japan to its knees." (Sure, and I could win the lottery tomorrow). It is absolutely and definitively false that the winds have turned, "...so they are heading to the south toward Tokyo." That's either an out-and-out lie or Gundersen hasn't a clue as to Japan's weather and wind patterns.


Either way, he's out. If he's a liar, then I don't need to read anymore. If he is clueless then ditto.


From March to December, Japan's prevailing winds blow from the south or east. That means, no matter how you slice it, Tokyo is upwind from Fukushima. It's been that way for millions of years, I can't imagine it changing anytime soon. And, no, it's not a question of today's weather versus yesterday's. Spring and summer bring rainy season and monsoons from the south pacific. These weather systems bring massive rains to the Japanese archipelago. They always begin in the Philippines and move north to Okinawa upwards to Kansai, then Tokyo and then northward where they peter out over the Pacific. 


We just had a typhoon last week. It came from the south. Can someone alert Gundersen that, under normal conditions, and in the real world, typhoons move in the direction the wind takes them and not against the wind .. I don't know about the books Gundersen reads. Maybe he's been hanging out with Michio Kaku and reading his books, I suppose?


There was another thing that bothered me... The above and then when I looked at reader's comments, all of them were angry that Martenson was charging money for people to watch the second part of the video. Martenson loses all credibility right there. 


I severely criticized him on his blog comments section for that too.   


But this is not about Martenson's questionable "recommendations" it is about Gundersen.


If we, the public, are to believe these pundits that we see on TV, etc. Then proper and fair disclosure is necessary. That Gundersen doesn't disclose his financial interests and motivations of commenting on Fukushima makes his remarks to be taken with a healthy dose of skepticism from thinking people. 


Just like, for example, before the Iraq War, when US media put many retired US generals on TV (who were on the payroll of US weapons manufacturers) to promote support for that war, we need to question what possible monetary motivations people have for what they say. Gundersen is no exception. 


As my friend Andrew Woolner of "Wall of Shame", the online Wiki that lists and documents gross and negligent sensationalist reporting concerning the Fukushima disaster wrote: 


Gundersen is much harder to pin down than some of the other fake experts. Unlike Caldicott and Busby, I haven't seen anyone directly challenge him yet, and he's reasonably careful about what he says (although, as Mike pointed out in the comments on this video, he doesn't know jack shit about Japanese weather patterns).

My impression is that his science is reasonable, but he's working from data that he's extrapolated from odd sources  and he makes assumptions that challenge the info coming out of Japan based on flyover videos and his own interpretation of data (like calculating the power of a blast based on plutonium found in Fukushima pref. which is probably left over from the cold war bomb tests). Anyone want to start a google doc where we start listing the claims he makes and debunking them one by one?

Thanks Andrew. Yes, it is time to start debunking this guy. Just like we've blasted Michio Kaku out of the water. 

As far as Gundersen is concerned, here's just some of the story that he probably doesn't want too many people to know. He possibly may have a conflict of interest problem. It's sort of like Fox News. You know, "Fair and Balanced" reporting only goes as far as it doesn't affect their pocketbook. In this case, Gundersen is selling a product and a service. 

Gunderson owns a patent for some sort of protocol that he wants to sell that is used for measuring radiation along with a system for dealing with it and decommissioning those nuclear power plants. He performs these duties with the Fairewinds Association of consultants of which he is co-owner and founder with his wife. It is his company's product and service that he is pushing.

From the Fairewinds Association site:

Arnie is an energy advisor with 39-years of nuclear power engineering experience. A former nuclear industry senior vice president, he earned his Bachelor's and Master's Degrees in nuclear engineering, holds a nuclear safety patent, and was a licensed reactor operator. During his nuclear industry career, Arnie managed and coordinated projects at 70-nuclear power plants around the country. He currently speaks on television, radio, and at public meetings on the need for a new paradigm in energy production. An independent nuclear engineering and safety expert, Arnie provides testimony on nuclear operations, reliability, safety, and radiation issues to the NRC, Congressional and State Legislatures, and Government Agencies and Officials throughout the US, Canada, and internationally.

(snip)

As the former vice president in an engineering organization, Arnie led the team of engineers who developed the plans for decommissioning Shippingport, the first major nuclear power plant in the US to be fully dismantled. He was also an invited author on the first DOE Decommissioning Handbook. Source term reconstruction is a method of forensic engineering used to calculate radiation releases from various nuclear facilities after nuclear incidents or accidents.  (emphasis mine)

So, while it may be hard to see on the surface, Arnie Gundersen definitely has a monetary motivation for what he is saying. His company wants to contract for the decommission of Fukushima and other nuclear power plants. There are many old ones who do need discussions on decommissioning. Fair enough.

The above information is easily found on a Wiki search on Gundersen and then a search of Fairewinds Associates... (I also noticed on a Google search that there was one return that said, "Solar Energy: Fairewinds Associates"... Hmmm/ Another possible conflict of interest?) 

There, on the Fairewinds Associates web site, you can find the name of the product/service that he is selling. Another Wiki check can put anyone on the right track about other possible conflicts of interest concerning Gundersen.... I found this out in 4 minutes of checking.


Perhaps I am wrong to say, "Conflicts of interest". Heck, who am I to  complain when a guy wants to make a buck? No problem. But when that guy uses the mass media to sell sensationalism and to try to capitalize of the public's mood and feelings of insecurity or fear, to garner public support so that he can profit from it, then we have a problem.


That person becomes guilty of dishonesty and loses credibility and respect when they fail to give full and complete prior disclosure of their background to us before giving us important information. In this case, Gundersen doesn't do it... He has repeatedly failed to do so excepting in very small print.


We can't trust what these media pundits or politicians tell us and, now, because we know a bit more about who Arnie Gundersen, is and what he is selling, we most likely cannot trust him completely either.


What Arnold Gundersen, like 99.99% of everything else we see or are told on TV or the mass media is not to be trusted nor taken at face value.

Japanese Prime Minister vs. US President - It's nice to know that there's still someone who's worse off than you are!

Oh well.... That loser Naoto Kan survived his vote of confidence the other day. I was quite unhappy about that... But I was very happy with how he did it. He lied and tricked his fellow crooked politicians. In that way, it does make me chuckle. 

THREE STOOGES MOST VIOLENT SEQUENCE EVER!

Moe says, "Power company probably got their wires 
all tangled up. Go up there and straighten out the mess!" Indeed.

 It seems he made deals with other politicians to not vote against him in the vote of no confidence motion. He promised them, that if they'd cooperate, that he'd quit soon if he survived with their help. Then, after he survived the vote, he reneged, and went around telling a different story about leaving office much later (or that he hadn't yet decided) and now other idiot politicians are angry that he lied to them? Ha!Ha!Ha!Ha!Ha!Ha!Ha!

Talk about the kettle calling the pot black! What a comedy of morons.


Reuters reports:


Ruling and opposition lawmakers slammed Prime Minister Naoto Kan on Friday, as he hinted that he would remain in power until around January although he promised a day earlier to quit once the country's recovery from the March disaster takes hold. Former Prime Minister Yukio Hatoyama, who supported the premier and voted against the no-confidence motion against his Cabinet on Thursday on the condition that Kan would quit soon, denounced Kan for backpedaling on his word. 


Isn't that just hilarious? One liar, in a room full of liars, lies and the rest of the liars are angry?   Don't look now, but doesn't this sound like that place in the movie, "One Flew Over the Cuckoo's Nest"?

Jack Nicholson stars as leader of unspecified organized political group

Sure, it's humorous. But there's a part that is not humorous about all this. Sydney Morning Herald reports in Japan Faces Downgrade as Economic Turmoil Goes On:


Japan's hopes of bouncing back from the economic turmoil caused by the earthquake and tsunami in March have been knocked by the threat of a credit rating downgrade from Moody's, and a rise in unemployment. Moody's warned that the devastation that struck Japan nearly three months ago is making it even harder for the country to recover from the financial crisis. It put Japan's Aa2 rating - the agency's third-highest grade - on review for a possible downgrade, adding there was a "low chance" of a multi-notch downgrade.


OK. This isn't funny. I suppose people who own lots of golf and silver might find this comforting or funny.... Unfortunately, I'm one of these people who don't believe it is possible to ever have too much gold or silver.


Depressing news. Depressing news, indeed... But then, my good friend Mark, from Diamonds.co.jp (highly recommended) sent me this. 


Mark sent this about Obama (click on image for full size):

Our prime minister, Naoto Kan, is an incompetent clown. But could he possibly be worse than Bush or Obama? No way. Japan is messed up, but we have the luxury of booting out our prime ministers every year. ... Hopefully every six weeks. You guys in the USA get stuck with these clowns for 4 ~ 8 years.

It's always comforting to know that there's still someone who is worse off than you are....

Very Interesting Take on "Flyjin" & One More

The Flyjin phenomenon in Japan has many facets. Generally speaking, Flyjin is a term used as a play on words in Japan. Gaijin is the word for foreigner. "Gai" means "outside" and "jin" means "person." So Gaijin means outside person or foreigner.

お江戸の火消し

SMOKE ON THE WATER

The Flyjin came in as an insult and joke deriding many of these foreigners who panicked and left places like Tokyo and Nagoya during the Fukushima accident. It is especially a dig at those who panicked and left co-workers, friends and neighbors (lovers too) holding the bag. It is not targeted at the foreigners who were in the disaster areas who left Japan. Only foreigners who were hundreds of miles away who panicked and fled - many even though their own embassies told them Tokyo was safe.


Nikkei Newspaper, though, has an article about foreigners who have left Japan that is looking at the problem from a totally different perspective. Even though many Flyjin get their feathers ruffled at the insinuation that they showed poor leadership and weak crisis assessment abilities, this article deals with a completely different segment of the foreigner in Japan market. It actually deals with a much larger workforce in Japan than the few westerners (who will most assuredly get angry about this article) that have been brought up in a society that makes people think they are entitled to everything.    
    
The title of the article asks Japanese people, "Do you think that only Japanese workers can protect your workplace?" From Nikkei:

消えた外国人労働力　日本人だけで職場は守れるか：NBonline(日経ビジネス オンライン)

business.nikkeibp.co.jp

震災と原発問題で日本を離れた外国人労働者たち。そこで突きつけられた問題がある。多くの職場で外国人が不可欠である現実と、彼らを身勝手に使ってきたという事実だ。外国人労働力を日本社会でどう位置づけるか。この問題に今こそ正対する時だ。...

Translation:

Many foreigners left their workplaces after the earthquake and due to (Fukushima) nuclear problems. This leaves us with many issues to consider. The reality of the situation in the workplace is that we (Japanese) have been using this (cheap) foreign labor selfishly. Perhaps it is time to consider how these foreign laborers are placed and viewed in Japanese society. Now could be a good time to consider this issue.

Japanese factories have a serious problem without cheap foreign labor

The article goes on to discuss how, due to a rapidly aging population and declining birth rate, Japan desperately needs these people to perform manual labor duties in order for the Japanese economy to run.

While many foreigners might cheer and raise their fists reading this and scream, "Right on! We are taken advantage of in the workplace!" This article is generally not about the highly paid westerners working in Japan. No. Not hardly. It is an article discussing a much larger and much more important labor force in Japan: cheap manual labor from China, Pakistan, Iran and many other southeast Asian nations.

It continues on talking about how Japan must open up more and take better care of these people who come to earn a living in Japan. They are not just cheap labor, they are a critical and important part of the labor equation for a healthy Japanese economy. They deserve to be treated better.

The other story I wanted to mention was about a president of a factory in the Fukushima area that hired many of these people as cheap labor from China.

Because of a bad past history and, in many cases, the Japanese management taking advantage of cheap foreign labor like mentioned above (but, then again, in what country don't they do that?) Japan and Japanese companies often have a bad reputation amongst Chinese workers. 

It is most likely deserved in many cases.

But there's a story about a Japanese president of a factory that risked his life to save some Chinese factory workers who were staying at the company dormitory near Miyagi or Fukushima when the earthquake and  tsunami hit. 

Anyway, this president heard about the tsunami warnings and realized that he had several Chinese workers staying at the company dormitory and that this dormitory was in the path of the tsunami. People were told to evacuate immediately and head for higher ground. But the president knew that these workers wouldn't understand the announcements and so he risked his life and drove full speed ahead to the dorm and got those workers out of there and saved their lives.

Soon after the Chinese workers left Japan (because of Fukushima) but, according to the article, they reported back in China that, "Not all Japanese company president's are bad guys" and that their company president risked his life to save theirs and they were grateful.

I looked for the article about this story, but am unable to find it. If I find it later, I will paste it into this post.

The moral of the story? Not all Japanese bosses are bad guys. Not all Flyjins are westerners and not all of them are bad guys either.

Japan Economy in BIG Trouble

Mish Shedlock from the Global Economic Trend Analysis Blog has sent me a link to his latest post showing a shocking one-two double punch whammy of extremely bad news for the Japanese economy. If you are interested in money and the economy, the Mish's blog is a daily must-read.

Yo Yo Hashi - Yo Yo's Pad

In his most recent posting: Japan Retail Sales Plunge Most in 13 Years; S&P Cuts Japan Debt Outlook to "Negatibe"; 30,000 Dead or Missing, How You Can Help, Mish writes up, and links to, articles and data that point to a very bad future for Japan.


Immediately after the March 11, 2011 earthquake and tsunami, foolish Japanese politicians told the Japanese public that we should not be trying to live our lives normally. Shintaro Ishihara, the mayor of Tokyo, even told people that the traditional "Hanami" celebrations should be cancelled this year. 

Hanami is an old tradition whereby the Japanese go to park and eat and drink with friends under the cherry blossoms. 


Due to these sorts of short-sighted pronouncements, many famous Japanese festivals were cancelled and the country went into a sort of mourning like that of a funeral. Things still haven't gotten 100% back to normal. Now, because of these ill considered pronouncements, the Japanese people, businesses and the economy are paying the price.


The best thing the people could do is try to get their lives back in order as soon as possible as get back to work and get the economy back on track. In that way, with a strong economy, can we help those poor people who suffered in Tohoku in this terrible tragedy. But, no! The government wonks made their dumb announcements and now we are paying the price.


Japan prime minister Naoto Kan has announced his idea for reconstruction but he's not said how he will pay for it. The idea to raise taxes was floated but that died a quick death - especially after Kan's party got trashed in local elections this last Sunday. Now, ratings agencies suspect what I fear; more Japanese government debt.


That's the last thing we need. Mish writes:


Japan’s sovereign-rating outlook was cut to “negative” by Standard & Poor’s as the nation’s reconstruction needs following last month’s earthquake will likely add to what’s already the world’s biggest debt load.

The outlook on Japan’s local-currency debt rating, at AA-, the fourth-highest grade, was lowered from “stable,” S&P said in a statement today. The company had reduced the rating by one step in January in the first cut since 2002. Moody’s Investors Service said last month the disaster may bring forward the “tipping point” for the country’s bond market.

Today’s decision adds to pressure on Prime Minister Naoto Kan, who has yet to detail how the rebuilding will be paid for and how he plans to rein in longer-term fiscal deficits. As public spending increases, revenue will likely decline because of the economic hit from the disaster, with a report today showing retail sales tumbled the most in 13 years last month.

Moody’s today reported no change to its negative outlook for Japan's Aa2 grade rating, the third highest, after a reduction from “stable” in February because of political gridlock. Japan’s public debt will probably increase 5.8 percent to 997.7 trillion yen ($12.2 trillion) in the year started April 1, from a projected 943.1 trillion yen last year, the Finance Ministry said in January.


As I predicted in December of 2010, Naoto Kan will be gone by summer. That's the good news. The bad news? That will do nothing for Japan's political stability and our credit rating and economic outlook.


The only thing we can say for certain is that it looks to be a long hot summer in 2011.


Read the rest of Mish's post here: http://bit.ly/kOqL8i

Japan's Insane Tax-At-All-Costs Political Class

This will be my 800th posting on this blog. I think it is fitting that, after all that has happened, as through the short history of this blog, the economy of Japan and most western nations are close to collapse, as Japan's national debt is over 200% of GDP, as the US government has surpassed the legal limit on the debt ceiling for that nation and into de facto bankruptcy, as silver hits a new 31 year high to nearly $44 USD an ounce and gold is knocking at the door of $1500 dollars an ounce, that this 800th blog should be about taxes and the economy.

BEATLES CARTOON - TAXMAN

Once again, the news shows that our rulers never learn their lessons when it comes to taxation and debt. After the disastrous events of the last month starting on March 11th and continuing today, once again, the government of this country shows that their only answer to our financial problems is to raise taxes.

Jiji Press reports:

Tokyo, April 18 (Jiji Press)--Japan is considering raising the consumption tax by 3 percentage points for a limited period of some three years to secure funds to rebuild areas devastated by the March 11 earthquake and tsunami, officials said Monday.

   Japan will be able to secure 7.5 trillion in annual tax revenue by raising the tax rate to 8 pct from 5 pct, government and Democratic Party of Japan officials said.

   The nation is preparing the first supplementary budget for fiscal 2011 with the spending amount of some 4 trillion yen. The budget will be covered without new debt issuance.

   Tokyo is likely to compile more budgets for the current year, as many in the government and the ruling party believe that more than 10 trillion yen should be spent in total on the reconstruction of the disaster-devastated areas.

   To finance the second and later budgets, the government will issue reconstruction bonds. Many think that the revenue from the envisioned tax hike should be used entirely to redeem the reconstruction bonds, the officials said.

It says in the first paragraph, "Japan is considering raising the consumption tax by 3 percentage points for a limited period of some three years..." Sure. Only three years, right? And after that, we're supposed to believe that the Japanese government will have their financial house in such good order and fine shape that they can cut taxes? What planet are these people living on? Has the Japanese government ever cut taxes? How, pray tell, are they supposed to be able to do that when the economy is so bad and, as I mentioned, our public debt has surpassed 200% of GDP?

History also shows us what happens when sales taxes are raised. There will be a correlating drop in sales equal to the percentage of the sales tax; raise taxes by three percent and sales will drop by three percent. And who winds up paying for this kind of sales tax hike? Not the ultra-rich or corporations who have all sorts built-in tax advantages. The rich only have to spend a few percentage points of their income for basic foodstuffs. The average middle class household is spending 15~25% or more just for survival. Hit them with a sales tax increase and you hit them below the belt. 

The good example goes like this: Say, average millionaire wants to buy a new yacht? No problem. It's needed to entertain guest so it is a business and tax write-off. But, say, the single mother with a two kids whose husband has run off and doesn't pay any alimony, is not buying yachts and diamond necklaces, she is scrimping and saving to buy milk, eggs and rice. and the basics she needs to survive.

A 3% hike in her grocery bill hits hard. 

The average household is is also expected to carry the burden of massive public debt created by the government. It is this government who arbitrarily decides to tax one class of poor people to give to another class of poor people (in this case, the average Japanese family gets taxed to pay for the suffering and reconstruction of the poor who suffered in the Tohoku disaster) all the while the government takes a margin for delivering these services and gives no-bid reconstruction contracts to their cronies.

Nikkei 225 at ¥9441 on April 19, 2011

The economy is already in desperate shape. Japan's credit rating has been downgraded in the last year and the Nikkei 225 is wheezing away at under 9,500 (it is at 1/4 the amount it was at the height of the bubble economy) and it has also been reported that 15.7% of Japan's population now live below the poverty level. Think about that. 

And, with all of that, with all of this suffering and misery caused by badly thought out government policies, these people want to raise taxes? They must be completely insane.


Japan owns trillions of dollars in US government bonds that were bought with tax monies taken from the public. The value of these bonds have lost some 40% over these last 10 years due to the rapid decline of the US dollar, yet, even with this, the Japanese government has painted Japan into a corner whereby we cannot unload this debt without causing a quick rise in the yen and hurting Japan's export economy.

Silver & gold price explosion is flashing warning signs about the economy

Gold breaks new record to $1503 the day of the posting of this article

Not only that, at least twice in the last 365 days, Japan (and most recently foreign central banks) has intervened in the dollar x yen rate and flushed billion of yen (billions of US dollars) in foolish attempts (that haven't worked) in order to lower the value of then yen.


The fact of the matter is that, for reconstruction, as Peter Schiff points out, Japan should want a stronger yen as that would make our buying of oil and raw materials as well as other items needed to rebuild the ravaged areas cheaper.


But, no! As usual, when it comes to doing something about the economy, the government cannot admit its errors and try to strip them away. As is the case now, and has always been the case, the government of Japan's answer to financial problems is not to cut spending or to sell poorly valued and foolishly bought US government backed securities (that lose value every day), but the answer is, and always will be to spend and raise taxes.


That is why our economy has been so messed up for this last 20 years and that's why is is so easily predictable that our economy will be messed up for at least the next decade or more as Mish Shedlock so skillfully points out.


The politicians who live on dead and proven failure Keynesian economic policies are leading this country down the road to ruin. It will be soon enough, at this rate, that Japan will be like the Philippines. Throw this situation in with how the youth of this country have no where near the dedicated and hard work ethics of their fathers and grandfathers and you have a chemistry that spells out for a very grim economic future indeed


When we look back at what happened in twenty years from now, we'll not be surprised for a second that Japan will be jokingly referred to as the Northern Philippine archipelago. 

Why Write a Blog?

I think I should entitle this blog, "Japanese Smokin' Babe's Big Boob's Versus the Political and Economic Environment in Japan."

Gee, I'll give you one guess which title will get this blog thousands of hits... And which blog will garner this blog only a few hundred hits for the day...

Duh!

Why write a blog? It's a good question. Writing a blog can be a thankless job. But, then again, you wouldn't write a blog if you wanted thanks because you'll get little, if any... (But thank you so much for the few people who have said, "Thanks!" You are super!)

No, you write a blog because you feel that you have a purpose or a mission. If you didn't feel that way, you'd quit after 3 months.

Why would you quit after 3 months? Because it would get very depressing very quickly when you realize that, after spending 3 or 4 hours a day agonizing over what you write - if you have the willpower to force yourself to write at all - that only 20 or 30 people bother to read what you wrote.

It's even worse if you open yourself up for criticism by having a "comments" section whereby illiterates can insult you and tell you to "f*ck off!" And, even at that, you only get one or two comments per day...

Oh, what we "writers" do for "art." (I can hear you snort, "Guffaw" right now!)

I've been writing this blog for 7 months now. It is a science and economic experiment. I am integrating Twitter and Facebook (as well as other Social Media) in promoting what I write on this blog. I have been trying different things to see what garners many hits (readers) and what goes "viral."

I also write this because I have been advising some companies on how to better market using the Internet, so, I guess if I am going to talk the talk, I'd better walk the walk.

You'd be amazed at how many people I meet who claim to be "experts" on Social Marketing, but they do not blog, they do not Facebook, nor do they use Mixi... How can they claim to be experts if they don't do this for themselves?

Social Media and Social Media Marketing are such new subjects that it's not like you can just go buy a book (there aren't that many good ones) and become an expert just by reading... Tell me, could you become an expert baseball player from reading books?

But I digress.... Back to what kind of content gets many readers? Of course, content is important, but I have also found that titles really do matter.

I've been experimenting with different blog titles; different Twitter teaser titles; different ways to entice people to come read the scribbles that I have written.

Unfortunately, it occurs to me that, if I write what I think are  thought provoking articles about our world as it relates to Japan, my readership drops at a surprising rate.

But, if I write about something that doesn't affect any one's life at all, like how a Japanese woman with big boobs makes $3 million dollars a year doing porn, or a blog about how Japanese girl's are mountain climbing in miniskirts, I will receive a massive hit count that day the article is uploaded.

Of course, said article will require at least one cheesecake photo.

Gratuitous photo... Nothing to see here... Move along...

The one thing that really bothers me the most is how easy it is to sensationalize titles of blogs and promote them on Twitter. But, I guess I shouldn't be surprised, I have worked in the mass media for decades and am never surprised by how easily people's minds are influenced by the media...

If the blog is about, say, how Japan's political environment is making a mess of the world's #3 economy... Then I will get a few hundred readers for that.... But, like I said, if I write, about porn, boobs, or sex, that blog will get thousands of hits....

Just something to consider about the Internet that I have discovered.

By the way, of course, I will insert words such as, "economy," "politics," "economics" and "boobs" in the keywords for search engines.... Give you one guess which word will be searched the most on the Internet....

But, then again, putting photos up of girls is a lot easier than writing a long dissertation.

More on How Japan Has Lost its Economic "Mojo"

More on how Japan has lost its economic "Mojo."

This time from the New York Times:

In 1991, economists were predicting that Japan would overtake the United States as the world’s largest economy by 2010. In fact, Japan’s economy remains the same size it was then: a gross domestic product of $5.7 trillion at current exchange rates. During the same period, the United States economy doubled in size to $14.7 trillion, and this year China overtook Japan to become the world’s No. 2 economy.

I am seeing more and more of the above image here in Tokyo. It just seems like things have gone into 1/2 speed these last ten years or so. It was all so unnoticeable on the streets and in the faces of the people until recently.

Just like the lines above show: Japan's economy hasn't grown at all in twenty years (coming on thirty).... Yet, Japanese politicians continue with the same policies. 

Thanks to Japansoc!

Tata Cars and "Tatas" (Porn) - Hooters! Comes to Japan

What do Tata automobiles have to do with "tatas" (women's breasts)? They are related to the economic decline of Japan. Read on....

Well, one of my good friends, Neil Bevin of Springboard KK. had told me the other day that my blog was really beginning to be depressing because of all the bad news... Well, sorry, Neil, my friend, but I have to call them as I see them.

I love Japan and want to live no where else, but things sure seem to be going to hell in a hand basket really quick recently when it comes to the economy and I don't see where things are getting better. One of my other good friends, Ira Hata of Bali Energy, strongly agrees with many Japan pundits who wrote to me about my blog complaining how upper Japanese management has sold their company future down the river in order to save their own retirement pensions saying,

"You can blame this mentality on the US who's ideals have been poisoning Japanese business values for years, Mike. Heck, the concept of life-time employment (a famous symbol of Japanese business practice) went down the toilet in the early 90's. Japan has lost it's ideals, values, and identity. She should give up and become the 51st State of the US..."

It might come as some surprise to many but there are a lot of Japanese people who agree with this kind of thinking and I am not so sure that they are wrong.

What's the point? Look at this first quick article across my desk this morning made me throw my hands in the air. It talks about how India is about to surpass Japan as the largest small car maker in the world.

From Business Standard:

India aims to become the small car hub of the world by dethroning Japan, the biggest maker of compact cars, a majority of which is consumed domestically. Last year, it had pipped Brazil to become the second-largest producer of such cars. While Japan produced 3.4 million small cars between January and December in 2009, India manufactured 1.48 million units in the same period. According to a top official from Tata Motors, the country's biggest vehicle maker, India would certainly become the biggest manufacturer of compact, fuel-efficient cars, as there is a growing demand for such versatile cars worldwide.


It might seem like a stretch for me to use this as a comparison of Japan versus the USA when it comes to a loss of competitiveness (which is actually the key to all of Japan's economic problems - besides having a government that spends and spends like there's no tomorrow). But this next article really made me wonder "What the heck?"


From the Independent UK:


HOOTERS COMES TO JAPAN

The first Japanese outlet of the risque Hooters chain will arrive in Tokyo on October 25, with more than 20 of the restaurant's trademark scantily clad waiting staff to welcome American franchise owner Coby Brooks and a long list of Japanese celebrities on opening night. Tokyo is a crowded market for restaurants, with overseas franchises such as the Hard Rock Cafe and TGI Friday's already well-established here, but manager Mark Imacho believes Hooters has a very different sort of night out.

In Japan, we already have one of the most racy and wildest sex industries in the entire world.... We don't need an American "Denny's" type of restaurant bringing porn to the masses... Trust that we already have tons of this sort of thing in Japan without having a chain restaurant bringing the same sort of low-brow "entertainment" in - especially a low-class American operation like Hooters!


Or is this just another part of bringing so-called "American Culture" to the world. Call me a prude, but, this sort of decadence is not needed.

We need solid industry... We don't need more sex industry, gambling, or this sort of thing.

Japanese Government to Continue to Destroy the Yen and Economy

Already past twenty years of government meddling in the economy, with no good results excepting twenty years of serious deflation - and going on thirty. The Japanese government never learns its lesson and is about to embark on another idiotic attempt at shoring up the economy.

As the BBC reports:

The Japanese parliament is to debate a supplementary budget expected to contain a further 4.6tn yen ($55bn, £35bn) of stimulus measures.

Meanwhile, the Bank of Japan is expected to announce next week further quantitative easing - debt purchases aimed at increasing the money supply.

The moves come as new data shows the economy continues to suffer.

Core consumer prices fell 1% in August, while industrial production fell a surprise 0.3% and car sales fell 4.1%.

However, there were also some positives in a raft of new data released this week.

Unemployment fell unexpectedly to 5.1% in August, from 5.2% a month earlier.

And household spending rose faster than expected, up 1.7% versus a year earlier, compared with an expected 1.4%.

Just a week or so ago, the Japanese government foolishly dumped 2.3 trillion yen into buying dollars to stop the yen from soaring too high in another vain attempt at changing market forces (the yen has been growing steadily stronger since then too!) Now they go and announce another set of stimulus and a return of failed policies.

Isn't there anyone in the government who has any new ideas or the courage to do what's right?