Saturday, October 25, 2008

Solutions and Inventions against Crises

(Tokyo Subway)

Solutions and Inventions against Crises

Present one or more solutions.

Offer one or more ideas.

Then, be proud.

It is because it looks like a pre-war situation at least on the monetary base.


They say that twenty million workers have lost jobs in China.

They say that two hundred thousand workers will lose jobs in Wall Street.

ILO also says that twenty million workers will lose jobs globally, and additional 100 million people will be forced to enter the state of poverty worldwide.

They are all victims of this financial crisis triggered in Wall Street.

But, the solution is clear and simple: investment.

It is time for rich companies and rich people to invest their money to industries other than the financial sector.

Funds and investments must be directly directed to the real economy but not the money economy.

Governments in the world have to give credit to such businesses and entrepreneurs.

To hire workers itself must be regarded as business no matter what profits a company gets, since a government can provide financial aid in exchange of obtaining a right to collect fruits from future growth and deployment of the company.


A simple and safe helicopter for personal use may be welcomed by consumers.

My idea is to equip a helicopter with a long shaft to set propellers at a higher position and wings to separate air flows between the upper, propellers domain and the lower, cabin domain.

A user or a pilot will not be bothered by strong air flows accompanying the movement of the propellers, making personal use in daily life easier.

The fixed wings can also work for gliding in case of malfunction of the engine.

And, the engine is an electric motor, since the era of electric cars are coming closer.

I may sell this idea and design to, say, GM.

Another commercial merit for this EEE-Helicopter is its costs: probably, one-fifth of a current model.

Public services, including the police or fire department, must think about its convenient and effective use, since this new model can be carried by a truck to any site.


Now, Mr. Greenspan has admitted that he made a big mistake.

I once pointed at his failure in this EEE Reporter blog.

Indeed, Alan, as you did not look like a dangerously talented expert for President Reagan and Mr. George. H. W. Bush, you were chosen for the FRB Chairman, I reckon.

You must have resigned when Mr. Clinton took over the White House.

I have a tremendous amount of respect for Mr. Greenspan, but I think he fell asleep at the wheel. Even Nobel Prize-winning economist Paul Krugman said earlier this week when asked to identify those responsible for the meltdown that Alan Greenspan is “top on my list” of “villains.”

Anyway, this can be a big warning to Japanese politicians who are now responsible to protect and defend not only the value of yen but also the global economy.


That is all for today.

Oh, what a gloomy sight it was!

It is as if everybody put on gray clothes.

But, faith and love will save the world and TV audiences.

(Do you really check EEE Reporter on Saturdays? Are you going out to look for American idols or Japanese heroes if not French dancers? )

Mat 10:24 The disciple is not above his master, nor the servant above his lord.

Mat 10:25 It is enough for the disciple that he be as his master, and the servant as his lord. If they have called the master of the house Beelzebub, how much more shall they call them of his household?

Friday, October 24, 2008

Maybe a War but Not a Crisis

(Tokyo but not Paris)

Maybe a War but Not a Crisis

It is that sharp fall of the Dow Jones Industrial Average that has made ordinary people feel change in the air in the market, the society, and economy.
(Click to enlarge.)

The three among the ten largest NYSE stock-price falls occurred in 2008.

Everybody knows now that they were triggered by the subprime loan defaults.

In the source of the above figure, there are some data as of 2007:
• Nearly 1.2 million foreclosure filings were reported last year, a 42% rise from 2005. That is a rate of one in every 92 U.S. households.

• Colorado, Georgia and Nevada had the nation's highest foreclosure rates last year, according to RealtyTrac. Among the top 100 metropolitan areas, Detroit, Atlanta and Indianapolis topped the list.

• About 80% of subprime mortgages today are adjustable-rate mortgages, or ARMs, that have been nicknamed "exploding ARMs" because they have low fixed-interest payments in their first few years but then usually adjust to higher interest payments.


Yet, the house purchase is just part of total economic behaviors of a U.S. consumer.

Since late 1990’s, the total U.S. consumer loans have become almost twice larger.

Yet, you need money to buy goods and services.

Since the middle of 1990’s, the currency component of the U.S. money supply has almost doubled.

This trend also reflects a sharp rise of the total debts in the U.S., though it might not be linked with the global warming.

But, to your astonishment, FRB is further infusing money into the financial sector to save the U.S. financial system.

As conclusion, it is time to stop the unlimited and unregulated growth of U.S. money economy.

The subprime loan crisis is just part of it, no matter how crucial it may be.

But, to rescue financial institutes, FRB has to ironically supply more money into the market.

The ultimate crisis might be triggered by the unbearable amount of the total debts of the U.S., if not the more global warming.

(Today, one dollar has been traded at 95 yen in Tokyo, which could be a key to solution to this financial crisis or a trigger for an international money war.)


It is said that a human body consists of 60 trillion cells.

But, it is still mystery why these 60 trillion cells do not lose bonding force among them and disintegrate onto the ground.

Indeed, 6 billion people on this earth must be integrated by neighborly love but not money.

If the 60 trillion cells are combined together by the love of God to function wholly as a human body, mankind should try to combine 6 billion of its members also through love but not money, since six billion is one ten-thousandth of sixty trillion.

(As the mankind enters the era, economically, where the order of trillion counts, Armageddon might be near, since there are only one trillion times 100 billion stars in the entire universe: )

Mar 10:24 And the disciples were astonished at his words. But Jesus answereth again, and saith unto them, Children, how hard is it for them that trust in riches to enter into the kingdom of God!

Mar 10:25 It is easier for a camel to go through the eye of a needle, than for a rich man to enter into the kingdom of God.

Thursday, October 23, 2008

Investments Received in Reward for Defending Israel

(The Diet Building, Tokyo)

Investments Received in Reward for Defending Israel

Will "President Mr. Barack Obama" be able to deal with Wall Street and Israel so well?


Yesterday, I made a mistake in writing that Mr. Obama flew to Africa; but it is Hawaii that he visited to see his ailing grandmother.

As the day before yesterday a Japanese TV station presented Mr. Obama’s grandmother and younger brother living in Africa, I mistook his destination.

It is that has made me realize the mistake. More interestingly, this Israeli media is reporting on AlQaeda and Mr. McCain:

Last update - 09:51 22/10/2008

Al-Qaida-linked Web site backs John McCain as president
By The Associated Press

Al-Qaida supporters suggested in a Web site message this week they would welcome a pre-election terror attack on the United States as a way to usher in a John McCain presidency.

The message, posted Monday on the password-protected al-Hesbah Web site, said if Al-Qaida wants to exhaust the United States militarily and economically, "impetuous" Republican presidential candidate Sen. McCain is the better choice because he is more likely to continue the wars in Iraq and Afghanistan.

"This requires presence of an impetuous American leader such as McCain, who pledged to continue the war till the last American soldier," the message said. "Then, Al-Qaida will have to support McCain in the coming elections so that he continues the failing march of his predecessor, Bush."

SITE Intelligence Group, based in Bethesda, Md., monitors the Web site and translated the message.

Mark Salter, a senior McCain adviser, said he had heard about the Web site chatter but had no immediate comment.

The message is credited to a frequent and apparently respected contributor named Muhammad Haafid. However, Haafid is not believed to have a direct affiliation with al-Qaida plans or knowledge of its operations, according to SITE.

SITE senior analyst Adam Raisman said this message caught SITE's attention because there has been little other chatter on the forums about the U.S. election.

SITE was struck by the message's detailed analysis - and apparent jubilation - about American financial woes.

"What we try to do is get the pulse of the jihadist community," Raisman said. "And it's about the financial crisis."

Al-Qaida leader Osama bin Laden issued a videotape just four days before the 2004 U.S. presidential election directly addressing the American people.


There are many rumors that Mr. Osama bin Laden has already passed away.

Indeed, while Wall Street is crumbling down, no messages from the No.1 enemy of the U.S. look like telling certain truth of the physical state of this terrorist leader.

However, words from Israel in the wake of the Wall Street debacle are more critical to all the mankind in the historic context.

SECTION II: Back to Social Democracy

It is very interesting to see that there are some arguments in Israel on legitimacy and effect of the market economy.

Oct 22, 2008 21:22 | Updated Oct 22, 2008 21:29
The panic-mongers' one-note chorus

'It is sheer greed!" our pundits keep screaming on TV and in press headlines - greed encouraged by capitalism's cutthroat competition they claim, benefiting the powerful at the expense of the weak. The free market caused this monstrous crisis, and they hope that this crisis will kill brutal capitalism and replace it with a more humane social democracy in which the government will protect us from the market economy's wild jungle.

Top economists are agonizing over the question why the crisis has grown to such monstrous dimensions. But our pundits, not exactly qualified economists - unless being socialists makes them so - know it all. They and their ally politicians not only define the problem but also recommend a solution. As "a chorus that can sing only one note," as former education minister Amnon Rubinstein once called them, they recommend, almost to a man that government immediately announce a bailout plan for saving institutions, that it increase its budget deficit to protect the economy from recession; and that Israel should return to be "a social democracy."

The assault on the free market is not confined to economics. Predictably, it is leveraged into a vigorous attack against the cruel "Thatcherite" free market putatively instituted here and against "total privatization." The above have destroyed, these critics claim, the sense of communal responsibility and are undermining Israel's ability to survive. The country, they conclude, must therefore return to the good old days of "social democracy."

And what exactly is this "social democracy" the critics of capitalism prescribe as a panacea? Do they wish a return to the good old Mapai days with its oppressions and corruption? Or are their models the perpetually troubled, high unemployment economies of Germany and France? Or the Scandinavian dream model, that after having consumed the huge reserve of wealth accumulated by its highly capitalist enterprises, squandered it on an anti-productive extreme welfare system and had to back track to restore some vigor to their economies?

There is so much sound and fury of vested interests in this raging argument, but oh, so little sense or substance!


You may think that the U.S. and the EU are leading the world of today in terms of the modern philosophy, ideal, principles, and practices concerning global economy and security.

But, how Israelis are thinking about the global situation is also as important as how American leaders and Europeans leaders view and understand the world.

And, some Israelis seem not to care about the difference between the social democracy and the free-market democracy so long as they can survive.

SECTION III: $1.2 Trillion into and $0.5 Trillion out of America

According to today’s Asahi Shimbun Newspaper of Japan, the total invested money inflow into the U.S. was $1.2 trillion and the total outflow from the U.S. was $480 billion in 2007.

This huge amount of money must be mostly handled through Wall Street or Washington D.C.

It has also become a resource for credit base of American consumers.

American material dream has been supported by this huge investment from abroad.

But, why do other countries infuse so much money into the U.S.?

Ultimately, it is because it is the U.S. that is defending Israel.

The United States has been the best country since it had defeated Nazis, stopped the Holocaust, and rescued so many European Judaists.

The credit the U.S. got in this historic incident is truly historic.

Even today, no countries but the U.S. would dare help Israel so much.

So-called Christian Europe cannot help Israel so well even today. Russia cannot help Israel so well even today. Islamic countries cannot help Israel so well even today. India cannot help Israel so well even today. China cannot help Israel so well even today. And, with some regret, Japan cannot help Israel so well even today.

This is a grave fact, since the development of the world in these 2000 years started with the unique relationship between the God and ancient Israelites, including Jesus Christ.

The fact that the U.S. would dare help Israel so much as proved in WWII alone is sufficient for the U.S. to claim the largest credit from other members of mankind, since Israelis are regarded as direct descendants of ancient Israelites.

In addition, without influence of American democracy and individualism, there might have been still old, dominant, social customs, manners, practices, and systems that would restrict development of peoples’ lives in Asia and Africa. And, this American merit is based on the style and contents of its version of Christianity.

Based on these respectable conditions, the U.S. has been allowed to receive $1.2 trillion investment from other countries, enabling Wall Street to exercise its functions so freely.

But now we see American consumers get so irresponsible as they work eight hours a day so as to get salary and credit that must be only rewarded 16-hours-per-day workers with.

If the U.S. is judged to be no longer the great leader in the free and democratic world any more, other countries would not give such huge credit any more.

Then, Israel has to face a new situation, too.

Probably, Israel must get such credit from the world through its own efforts.

The end of Wall Street can lead to the end of status of the U.S. as the great guardian of freedom, democracy, and Israel.


From a historic point of view, even if the U.S. fails and loses its glory and power, Judaists and Israel must survive, for the linkage between the God and Judaists seems to be stronger than that between the God and Americans.

For example, in the 22nd century, there may be no such people as will be still called Americans, but Judaists must surely exist.

Finally, the most significant influence of the collapse of Wall Street must be experienced and manifested by Israel ultimately.

(A stage coach is part of old and good images of the U.S. when nothing is so crazy. Ultimately, Americans must return to a simple and spiritual life, being content with blessings of the nature. Indeed, once there was an era that Paris was the only materially and culturally glittering international city, say before the Civil War, though not between Republicans and Democrats. )

Joh 10:23 And Jesus walked in the temple in Solomon's porch.

Joh 10:24 Then came the Jews round about him, and said unto him, How long dost thou make us to doubt? If thou be the Christ, tell us plainly.

Joh 10:25 Jesus answered them, I told you, and ye believed not: the works that I do in my Father's name, they bear witness of me.

Joh 10:26 But ye believe not, because ye are not of my sheep, as I said unto you.

Wednesday, October 22, 2008


(Having a date in front of the Diet Building, since there are a humble park and a humbler museum nearby? Anyway, take a rest!)


Everybody is talking about China in the global financial and political communities, since China holds huge U.S. dollars and U.S. Treasury bonds almost as many as Japan has.

However, well informed Japanese are discussing on the media or the Internet that tens of hundreds of Chinese companies, including toy makers, are now suffering a recession and layoffs are rampant.

Even in Taiwan, people are now getting alerted to contaminated Chinese foods to the degree of violently accusing some Chinese high-ranking officials now visiting Taiwan.

Yet, it must be Israel that we have to deal with eventually in this course of Wall Street-triggered financial crisis.

For example, just think about what happened as the gravest incident following the Great Depression that started from Wall Street in 1929.

It is the unprecedented scale of genocidal killing of Judaist Europeans taking six million lives.

The appalling killing ceased only when U.S. troops invaded German territories (along with the counteroffensive by the Soviet Union).

In other word, with the Great Depression of 1929, the U.S. had triggered the fatal proceeding of history which resulted in six million deaths of Judaist Europeans; yet with joining WWII, the U.S. put an end to this Holocaust by providence.

So, I have to alert Judaists in the world and Israelis in Israel of today to this kind of possible danger on them.

Last update - 11:53 13/10/2008
Conspiracy theory faults Jews for Lehman Brothers' collapse
By Anshel Pfeffer

A new anti-Semitic conspiracy theory has been spreading online over the last few days, claiming that on the eve of Lehman Brothers' collapse last month, the firm transferred $400 billion to Israel.

The theory, which comes in the form of a news report, has already been distributed on dozens of anti-Semitic and anti-Israeli sites. It alleges that senior Jewish officials at the Lehman Brothers investment bank passed their clients' money on to three Israeli banks, with the intention of then escaping to Israel to enjoy the take without fear of extradition.

Since the collapse of Lehman Brothers, which was founded in the United States by Jewish immigrants from Germany in 1850, Web forums and comment pages have been flooded with anti-Semitic comments accusing Jews of causing the global economic crisis and branding them the greatest beneficiaries of the disaster. Such statements are especially common on clearly racist sites, but can also be found on more popular mainstream sites.

The Anti-Defamation League in the U.S. and other international bodies monitoring anti-Semitism have documented hundreds of such cases in the past two weeks.


The conspiracy theory is reminiscent of past allegations about Jews, ranging from the czarist-era "Protocols of the Elders of Zion" to the widely circulated libel that the Israeli Mossad knew in advance about the 9/11 attacks on the World Trade Center and warned all of the complex's Jewish employees not to come to work that morning.


Indeed, this Wall Street debacle has proved how absurd the 9/11 terror conspiracy theory is; how meaningless the admiration or the fear of the Judaist super rich; and how irresponsible the overvaluation of the national power of the U.S. is.

(The U.S. has not opted for the multipolar world for any purpose but is obliged to follow this historic trend, just like Lehman Brothers did not go bankrupt on purpose but was forced to do so.)

These errors are all rooted in misunderstanding Jesus Christ, Christianity, the Vatican, and ancient and modern Judaists and their religion.

Nonetheless, the most interesting aspect of the modern history is not about how long and how much the U.S. can keep its status as the sole super power in the world, but how long and how much American Judaists can hold the decisive, influential power in the U.S. so as to keep ultimate security of their own and assurance of their prosperity as well as the sustainable existence of Israel.

From a certain point of view, the head is Israel and the tail is the U.S.

While Judaists, Christians, and Muslims cannot accept the idea that each of them is a unique part of the one great meta-religion, Judaists need the U.S. not simply as poor clients but as the most influential insider of the American systems.

In this context, it is not the huge amount of money Wall Street and the U.S. Government have lost, but respect, credibility, and confidence they have lost that count the most.

If people in the world start to think lightly of the U.S., they will also think little of Israel and Judaists.

That is why the nation Israel and Judaists in the world must turn to the God.

They have to ask the God again what Jesus Christ is.

Truly they must do so in this wake of the Wall Street debacle just like they should have done so more exhaustively 2000 years ago.


Jesus Christ said that there is a huge stone wall or a huge crack between the poor and the rich while the former can be admitted to Heaven and the latter is destined for the hell.

To comprehend the meaning of this teaching, you do not have to call yourself a Judaist, a Christian, or a Muslim if not a Buddhist.

In other word, if they cannot understand the meaning of this teaching, what is a Judaist, a Christian, or a Muslim before the God?

EEE Reporter never calls himself a Judaist, a Christian, or a Muslim before the God.

(Mr. Barack Obama reportedly has flown to Hawaii to see his sick grandmother. But, Jesus Christ said not to enter the village. Indeed, it is said that there are many villages even in the Japanese political community. So, my advice is not to belong to any village in Tokyo or Paris. )

Luk 10:22 All things are delivered to me of my Father: and no man knoweth who the Son is, but the Father; and who the Father is, but the Son, and he to whom the Son will reveal him.

Luk 10:23 And he turned him unto his disciples, and said privately, Blessed are the eyes which see the things that ye see:

Luk 10:24 For I tell you, that many prophets and kings have desired to see those things which ye see, and have not seen them; and to hear those things which ye hear, and have not heard them.

Tuesday, October 21, 2008


(Government Office Quarter, Tokyo)


From what place should the world be observed?

Washington D.C., London, or Paris?

It seems to be however reasonably Jerusalem without counting Tokyo.

Westward from Jerusalem, you can see the EU and the U.S.

Eastward from Jerusalem, you can see India and China, and Japan.

(In ancient days, you could see the Nile and the Euphrates in opposite directions.)

Northeastward, you can see oil/mineral-rich regions from the Persian Gulf to Russian Siberia; Southwestward you can see also oil/mineral-rich regions in the African Continent.

Since Abraham reached the portion of the land now called Palestine or Israel, the center of the world has been Jerusalem even through the most glorious era of Alexander’s Empire, the Roman Empire, the Mongolian Empire, the Spanish Empire, the British Empire, and the United States of America.

So, put yourself in Jerusalem and observe the world, and then you will find what is going on at this moment of 2008.

In this context, let’s check the following pieces of information:

May 15, 2008
Categories: Barack Obama

Bush vs. Obama on Israel

Bush, in his speech to Israel's Knesset, sought to push in the wedge on Israel, and security, against Obama, casting the Illinois Senator as Neville Chamberlain to his Churchill:
"Some seem to believe we should negotiate with terrorists and radicals, as if some ingenious argument will persuade them they have been wrong all along," he said, with aides telling reporters he meant Obama. "We have heard this foolish delusion before. As Nazi tanks crossed into Poland in 1939, an American Senator declared: 'Lord, if only I could have talked to Hitler, all of this might have been avoided.'"

Obama responded quickly:
It is sad that President Bush would use a speech to the Knesset on the 6Oth anniversary of Israel's independence to launch a false political attack. It is time to turn the page on eight years of policies that have strengthened Iran and failed to secure America or our ally Israel. Instead of tough talk and no action, we need to do what Kennedy, Nixon and Reagan did and use all elements of American power - including tough, principled, and direct diplomacy - to pressure countries like Iran and Syria. George Bush knows that I have never supported engagement with terrorists, and the President's extraordinary politicization of foreign policy and the politics of fear do nothing to secure the American people or our stalwart ally Israel.

On the facts, Obama has advocated talking to the leaders of hostile states, but not of groups like Hamas.


Indeed, while Wall Street faces the big crisis, no one would care about local conflicts on borders of Israel. But, if the economic situations get stabilized and contained, the focus will be put on Israel like the last days of the Clinton Administration when the IT boom was so flourishing.

Basically, no American citizens think that Israel is more important than the U.S. No American citizens will sacrifice their materially happy life for the national security of Israel.

But, American Judaists might not mind if Americans become unhappy so long as Israelis get happy, since Jerusalem is in Israel but not in the United Sates.

For the true believers of Judaism, the United States might exist solely to protect and defend the nation Israel and Judaists in Israel as well as in the U.S. and Europe.

But, you need a material incentive to have American Anglo-Saxon politicians help Israel financially and militarily. So, you need Saudi Arabia and its crude oil production.

On the other hand, Saudi Arabia has been under dangerous pressure from Iraq and Iran since the end of WWII.

So, it is not a surprise at all if the U.S. had welcomed the Iran-Iraq War, fought the Persian Gulf War so passionately with a coalition of Saudi Arabia, and found no reason for hesitation in militarily invading Iraq after the 9/11 Terror.

Is the President Paving the Way for U.S. Control of Iraqi Oil?
October 20th, 2008

President Bush apparently believes that he may need to seize control of Iraq’s oil fields and control Iraqi oil at some time in the future.

It’s hard to see any other logic behind the signing statement he issued last week rejecting a provision in the military funding authorization bill that prohibited using funds to “exercise United States control over the oil resources of Iraq.” The president said in his signing statement that this provision would “inhibit” his constitutional authority as commander in chief to protect national security. The executive branch would construe the provision, he said, “in a manner consistent with the constitutional authority and obligations of the President.” In other words, the president will pay no attention to the law that Congress wrote.

The president’s signing statement sounds like he’s trying to pave the way for U.S. control of Iraqi oil. This may sound preposterous in the U.S., as it comes from a president with only three more months left to govern. But it can hardly sound reassuring to Iraqis—and particularly to Iraqi lawmakers, as they prepare to take up a U.S.-Iraq status of forces agreement that would allow the U.S. military to remain in Iraqi until the end of 2011 and give Iraq’s government the option of extending the U.S. presence further without the approval of the Iraqi parliament.

What is the president thinking? That a successor, if not he himself, should seize the natural resources of a foreign country if that president deems it necessary for national security? It seems so. Is this a corollary to the Bush doctrine of preventive war? It certainly appears to be, and a corollary that needs to be repudiated by the next president, along with the doctrine of preventive war.

-Jim Fine, Legislative Secretary


Indeed, while Wall Street faces the big crisis, no one would care about local conflicts on borders of Israel. But, if the economic situations get stabilized and contained, the focus will be put on Israel like the last days of the Clinton Administration when the IT boom was so flourishing.

But, you need a material incentive to have American Anglo-Saxon politicians help Israel financially and militarily. So, you need Saudi Arabia and its crude oil production to make American Anglo-Saxon politicians feel like helping Israel.

It is a little complicated as is usual in an international power conflict, but Israel wants the U.S. to link up with Saudi Arabia so that the U.S. can get a reward for its support for Israel in the form of crude oil business with Saudi Arabia.

Further, Saudi Arabia seems to want the U.S. to militarily suppress Iraq and Iran for some complicated religious problems, since the U.S. can get a reward of crude oil in return from Iraq actually and Iran possibly.

In fact, Iraq has the third largest petroleum reserves next to Saudi Arabia and Iran and followed by Kuwait.

And, it is Saudi Arabia that was the most appalled by the 9/11 Terror.

So, it is very natural that the U.S. Government immediately felt the need to deal with the tense fear Saudi Arabia had in the wake of the 9/11 Terror.

Iraq then looked like planning to exploit the situation and apply more pressure on Kuwait and Saudi Arabia, since the U.S. looked like nothing but a poor victim of Islamic terror on Sept. 11, 2001. But, the mighty guardian of Saudi Arabia, namely the U.S., could not behave like a coward. The U.S. had to stand up. The U.S. could not lose respect from Saudi Arabia. Accordingly, President Mr. George W. Bush’s mind was fully occupied by the military solution focused on Saddam Hussein’s Iraq but not on AlQaeda which had far less diplomatic, economic, and military importance.

So, the War in Iraq began, in a sense, under the disguise of the War on Terror.

In this context, Israel is secured more than ever. (Saudi Arabia and Dubai are, too.)

But, Israel and Saudi Arabia may want more security, which is why Iran can be the gravest diplomatic agenda for the next U.S. Administration.

And very conveniently, Iran has the large petroleum reserves Israel cannot offer the U.S. as another reward.


The above stated Israeli strategy on the U.S. and crude oil might not please the God.

So, my concern is how much this Wall Street debacle has influenced Israel and Jerusalem in addition to Judaist Americans in New York and Washington D.C.

Conversely, how does the American financial crisis look from Jerusalem?

Yet, my advice is that Judaists in Jerusalem must sometimes turn to the east as far as Tokyo, since Judaist Americans mostly involved in Wall Street have not respected Japan for too long.

Finally, American voters should seriously consider whether they can launch another war onto Iran while Wall Street is crumbling down even if they are attacked again like the 9/11 Terror with any alleged involvement of Iran.

Then, who is stopping another 9/11 Terror from being planned and carried out for the sake of the world? Judaists and Jerusalem?

At least, EEE Reporter and Tokyo are doing their best to prevent it, as you see.

(I sometimes think that if she is Japanese she cannot look so nice in that fashion. But there are many people in this world living on the border facing different cultures.


Mar 10:21 Then Jesus beholding him loved him, and said unto him, One thing thou lackest: go thy way, sell whatsoever thou hast, and give to the poor, and thou shalt have treasure in heaven: and come, take up the cross, and follow me.

Mar 10:22 And he was sad at that saying, and went away grieved: for he had great possessions.

Monday, October 20, 2008



It is the average indices being around 9,000 each that make top leaders of Japan and the U.S. so worry.

The average index of Tokyo Stock Exchange has fallen even to the 8,000 yen level recently.

The average index of New York Stock Exchange has fallen even to the 8,000 dollar level recently.

The both look like having lost another 8,000 somewhere.


The biggest concern in the Japanese society today is as to when Prime Minister Mr. Taro Aso will hold a snap election by dissolving the Lower House of the Diet.

For the first time after WWII, Japan faces a situation that a regime change can occur from the very pro-America, conservative regime centering around the LDP to the moderately pro-America regime to be constituted by the DPJ and other minor liberal parties.

However, as the time goes by, it is expected that the LDP will lose supporters more.

As Prime Minister Mr. Taro Aso of the LDP assumed the office just three weeks ago, he is still enjoying some higher popularity, though less than 50%, or has not yet disappointed citizens in terms of economy and other political issues.

In addition, another ruling party, the New Komeito party is implicitly urging the LDP to conduct a general election as early as possible for their own strategy.

So, critics, journalists, and pundits in Japan have come to believe that the general election will be conducted within November, if a survey foretells a too-close-to-call election between the LDP and the DPJ, the two major political parties in Japan.

Nonetheless, the low price level of Tokyo Stock Exchange might stop Prime Minister Mr. Taro Aso from venturing into a gamble of a snap election.

Indeed, the Nikkei 225 Index today, below 9,000 yen, is almost a half of what it was a year ago.

If a snap election is held in November, all the opposition parties have to do to win the election may be just to point at stock prices at Tokyo Stock Exchange.

What is more, the DPJ can present a new scheme to have the Bank of Japan buy stocks at Tokyo Stock Exchange.

Indeed, the Bank of Japan and the Bureau of Printing of the Japan’s Ministry of Finance must print yen bills as many as they need to officially purchase stocks and protect the value of financial assets of the Japanese people, following suit of U.S. FRB.


Following the debacle of Wall Street, it is expected that GDP of the U.S. will significantly decrease, no matter how many FRB prints and distributes dollar bills.

Observing the following chart of the real GDP of the U.S., I am afraid that it will lose almost 30% of its current momentum, since the U.S. financial sector will lose as much as 60% of its economy-driving power.

(Click to enlarge.)

As you see, the real GDP of the U.S. was $10 trillion in 2000, but $13 trillion in 2007.

The increase, $3 trillion, could be attributed to subprime loan related business and assets in addition to defense business.

If these assets are wiped off from the profit section of the balance sheet of U.S. economy, the scale of the U.S. economy will diminish by 30% in the worst case.

As these false assets and profits have been accumulated under the Republican regime, American voters might abandon the idea of having another Republican President, namely Mr. McCain, for the next four years.

But, as the scale is so enormous, they may feel it insecure to have a Democratic President, namely Mr. Obama, for the next four years.

Their racial preference plus this huge scale of the expected loss of GDP will count in the U.S. General Election.


My theory to be applied to this sort of situations is that people should not try to change anything extraordinary outside, though they must not neglect it.

It is useless to change a direction or a trend in this kind of a huge-scale crisis based on the conventional paradigm.

But, people should try to change something inside.

It is actually requested to change their views or ideas about the world and human life.

If citizens change their internal measures or value systems, the 8,000 dollar or yen level can look like so high; the 30%-less GDP will look great; and an African-American President would look like of very European-origin.

So, turn to the Gospel; listen to the word of God; delve into Jesus’ Economy; and check EEE Reporter!

(Yesterday, I saw a big, white airship high in front of me on my way to a post office, which eventually led me to a public park where I spent a few hours just watching autumn leaves and trees as well as children, birds, fish, and dogs.

Then I re-discovered that trees have no chlorophyll on their trunks, but grasses and bamboos have.

Could this discovery intrigue anybody?

For example, a Japanese scientist who had been excited intellectually by luminescent jellyfish has won the 2008 Nobel Prize, though I myself took pictures of jellyfish in the Tokyo Bay this summer for you. )

Luk 10:18 And he said unto them, I beheld Satan as lightning fall from heaven.

Luk 10:19 Behold, I give unto you power to tread on serpents and scorpions, and over all the power of the enemy: and nothing shall by any means hurt you.

Luk 10:20 Notwithstanding in this rejoice not, that the spirits are subject unto you; but rather rejoice, because your names are written in heaven.