(Tokyo Streets near the National Diet Building)The Endless Game of an Era
The Big 3 of the Japanese ruling party DPJ are still Mr. Ichiro Ozawa, Mr. Yukio Hatoyama, and Mr. Naoto Kan, though a prime-minister change happened yesterday.
Among 423 Diet members who belong to the party, Mr. Ozawa holds 120 lawmakers, Mr. Hatoyama 50, and Mr. Kan 60 (Mr. Yoshihiko Noda holds 30, Mr. Seiji Maehara 30, Mr. Takahiro Yokomichi [ex-socialist party group] 25, and Mr. Tatsuo Kawabata [ex-democratic socialist party group] 20; Minister of Foreign Affairs Mr. Katsuya Okada is independent though he looks like fighting Mr. Ozawa for his own cause).
As Former P.M. Mr. Hatoyama and former director-general of the party Mr. Ozawa stepped down, P.M. Mr. Naoto Kan as the head of the party has now no effective rivals in the party, since Mr. Noda and Mr. Maehara are fairly younger while the two are now ministers in the Kan Cabinet.
In this status, however results of the Upper-House election scheduled this July would critically affect the party election to chose its new head scheduled this September.
But, who wishes only a three-month term for New Prime Minister Mr. Kan? And, who wishes Mr. Ozawa to be brought into an indictment by the Committees for the Inquest of Prosecution for illegal political fund reporting in a month or two?
Taking a precaution, U.S. CIA should not be involved in this game, since President Mr. Barack Obama himself must be engaged in his own endless game through his unique life.
SECTION I: Money To The People!
The most important agenda for Japan is introduction of government notes.
Today, the central bank issues bank notes or paper money in almost all the countries in the world.
The government collects taxes in any country, but it does not print and distribute paper money.
There are many reasons why a government should not but a central bank should print bills.
Yet, this paradigm must be ended, especially in Japan.
There needed are two-facet discussions on this issue: practical ones and theoretical ones.
In theory, a government note is an expressed official order to use a sheet of paper as having a certain amount of value, while a bank note is a mere expressed contract to recognize a certain amount of value on a sheet of paper.
In practical terms, some Japanese economists argue that the Japanese Government should print and distribute paper money.
EX-bureaucrat economist Mr. Yoichi Takahashi argued: if the Japanese Government issues bills worth 25 trillion yen ($270 billion), prices will just rise 1% to 2% along with yen depreciation to 120 yen/dollar without any troubles.
However, Mr. Takahashi proposed the provision of the government bills as part of a reflationary policy to combat deflation not from philosophical thoughts.
Popular economist Mr. Takuro Morinaga argued: there will be no problems if the Japanese Government should provide the government notes in an amount equal to 10% of the Japanese GDP. As Japan's GDP is almost $5 trillion in 2008, there can be $500 billion (45 to 50 trillion yen) government notes. (http://www.nsjournal.jp/column/detail.php?id=135367&ct=1)
As the yen has been highly appreciated along with the Lehman Shock and the euro crisis, the free provision of yen bills to its citizens by the Japanese Government will not affect a state of economy.
In addition, foreigners account for just 7% in all the holders of the Japanese government bonds. The 50 trillion yen-worth bill provision by the Japanese Government will not cause any financial problems in terms of credibility of the yen and Japanese businesses.
However, it is not the Democratic Party of Japan being led by Prime Minister Mr. Naoto Kan but the minor Your Party and its leader Mr. Ysohimi Watanabe that has proposed this idea of parallel provision of government notes along with the Bank of Japan notes.
It should be also noted that Mr. Joseph Stiglitz also recommended the Japanese Government to deliver the government notes when he was invited to Japan in 2004 by the Japanese Government.
Incidentally, if the Liberal Democratic Party wants to come back to the glorious position as a ruling party, it must adopt the policy of using government notes in budgetary expenditures by the Government.
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Japan has two-house legislature.
Before the end of WWII, there was a noble class in the Empire of Japan. Accordingly, when the National Diet (Parliament) was first introduced in the Empire in 1890, two chambers were established, one for a noble class and another for rich, ordinary people.
Today, the ex-House of Lords is called the Upper House (Sangiin); another house is the Lower House (Shugiin).
There are some politicians, especially in the Liberal Democratic Party, who failed in the Lower-House election held last summer but are now trying to be elected in the coming Upper House election, though the Lower-House has institutional superiority in terms of key issues.
As most of such ex-LDP lawmakers were once strongly backed by Former P.M. Mr. Junichiro Koizumi (who spontaneously gave up his seat last year for his son), their coming back to the Diet could be a factor for a future change in the Japanese politics. But, they had better find another way to contribute to the nation, in my religious view.
By the way, North Korea recently convened its supreme national assembly to reportedly set foundations for Mr. Kim Jong-il's successor.
A national parliament of any country should not serve the nation and the people as a means for unforgivable crimes.
You must not be a minion or protege of the Devil, whether or not you are a public man or a private person.
Anyway, it is Thursday tomorrow. A miracle can happen if not on a Sunday night. Don't you sometimes think so?
(http://www.fukuchan.ac/music/j-sengo2/honemadeaishite.html
How much are you loved? To the bones? Once people sang this sort of songs in Japan as the nation doesn't.)
Rev 6:8 And I looked, and behold a pale horse: and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword, and with hunger, and with death, and with the beasts of the earth.
Rev 6:9 And when he had opened the fifth seal, I saw under the altar the souls of them that were slain for the word of God, and for the testimony which they held:
Rev 6:10 And they cried with a loud voice, saying, How long, O Lord, holy and true, dost thou not judge and avenge our blood on them that dwell on the earth?