Tuesday, March 30, 2010

"in danger of eternal damnation"


(The Tokyo Tree tower has reached almost 1,000 feet or 330 meters, here.)


Royal Road


President Mr. Barack Obama once refereed to words of Mencius (C. 380 - 289 B.C.), since Mencius had learnt from a grandson of Confucius.

There is an English proverb: Manners and money make a gentleman.

Yet, Mencius taught that a nation should be established and maintained not by armed forces but by industry.

If people could live on industry, people would feel ease, steady down, observe laws, and respect public interest and good.

To achieve this way of governmental administration is truly the duty of a king. If a king follows this way, he is seen walking on a royal road.

Japan has been on a royal road for itself after WWII, in my view.



SECTION I: Ichiro Ozawa

Who has the most decisive, political decision-making power in Japan?

Everybody in Japan thinks it is Mr. Ichiro Ozawa of the ruling Democratic Party, since he is, according to some critics, the Stalin-like Director General of the party. He was first elected as the Lower House member in 1969. Since then, Mr. Ozawa belonged to the conservative LDP till 1993.

Veteran lawmaker Mr. Ozawa has specialized mainly in election or how to win election, though his past performance was not so remarkable while he seems to assume that his strategy realized the regime change in 2009, which is not true.

Now, Mr. Ozawa is under clouds of suspicion concerning political funds and tax evasion as well as too non-patriotic ties with China and Korea.

But, if Mr. Ozawa is brought down through judicial prosecution, there would rise various problems. Prime Minister Mr. Yukio Hatoyama is not expected to control them.

One of the biggest concerns is that if Mr. Ozawa is arrested and loses his seat in the national Diet, extreme liberals, ideologically biased lawmakers, terror (North Korea)-associated groups, and lawmakers allegedly associated with antisocial organizations, foreign spies, and financial criminals might throw their weight around the DPJ management and the Hatoyama Cabinet.

In this context, conservative LDP President Mr. Sadakazu Tanigaki looks very simple and clean, though almost all the former LDP presidents were also Japanese prime ministers at the same time.


SECTION II: Chinese Growth Rate 8%

Why must the growth rate of the Chinese economy be 8% or more?

Conventionally, it is explained that to absorb young workforces coming into the labor market every year, Chinese economy should grow 8% annually. Otherwise, millions of unemployed youths would run for anti-establishment or anti-Communist Party movement.

However, some critics now claim that it is because top leaders, elite executives, and high rankling officials of the Chinese Communist Party and the Chinese Government take their own share of national wealth, tax incomes, corporate profits, and industry surpluses before figures are recorded in books. The amount of these preoccupied money is equal to 8% of GDP. Then, the Chinese Government or bureaucrats manipulates financial reports allocating the deducted figures in appropriate sectors and items, so that the GDP growth rate 8% can be outwardly secured, according to a theory. But, to cover the real deficit, real GDP-based money circulation should grow 8% next year.

It is very possible, since there are no democratic Congress, universally elected Parliament, budget committees, and committee hearings to be broadcast nationwide in China, to your surprise. No way there is to verify believability of data the Chinese Government announces and presents.

But, the truth is that a real drop in GDP due to slumps in export (and too heavy military spending eventually) is covered by the real estate bubble the Government has fueled with manipulation of transaction profit recording.

The Chinese Government can order to build, say, 100 skyscrapers to businesses so as to raise GDP by 0.8 percent while supplying credit or Yuan just being printed out in proportion to acquired U.S. dollars whose exchange rate is artificially fixed higher.

Surprisingly, 45% of Chinese GDP is from fixed asset investments (according to The Sankei Shimbun newspaper), though a sale of a right to use a land cannot be recorded as part of GDP in theory.


*** *** *** ***

I once went to Hong Kong.

Then, I wondered why Japanese young women tried to look different in Hong Kong than in Tokyo or Osaka. They seemed to be trying to look better by adopting a Hong Kong style.

I found that they respected Hong Kong.

Then, how foolish Japanese young women would look when they go to London with respect for London, I later thought.

Yet, they say, "Do as the Romans do in Rome!"

Jesus Christ only said, "Do not act counter to a villain or a Roman even in Jerusalem!"

Truly, if you are in China or join the DPJ, do not act counter to a villain or a Roman!






Mar 3:29 But he that shall blaspheme against the Holy Ghost hath never forgiveness, but is in danger of eternal damnation.

Mar 3:30 Because they said, He hath an unclean spirit.