(Sunset in Japan for Whom?)If the sky tumbles down on Wall Street, do not panic!
Now at noon BBC, on an NHK satellite channel in Japan, is showing a Nobel Prize-winner economist who is commenting, "It is someway worse (than the 1929 Financial Crisis."
This morning NHK TV reported that stock prices in Asian stock markets have been alarmingly falling.
Yesterday a newspaper in Japan gave a warning that the financial crisis got across the Straits of Dover to continental Europe.
It is because U.S. Congress rejected the bailout plan the White House proposed.
But do not panic, folks!
Japanese banks are the least affected by this crisis among financial institutes in the world.
SECTION I: MR. BUSH’S ADDRESS ON SEPT. 24
However, it is unthinkable that eight years after the then President Mr. Bill Clinton had so proudly declared that the U.S. economy entered the era of prosperity of all time that was expected to last forever, President Mr. George W. Bush has admitted that the entire U.S. economy is in danger.
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Transcript of President Bush's nationally televised address on the ongoing financial crisis and his administrations proposed bailout for the financial industry:
…
Financial assets related to home mortgages have lost value during the house decline, and the banks holding these assets have restricted credit. As a result, our entire economy is in danger…
With the situation becoming more precarious by the day, I faced a choice, to step in with dramatic government action or to stand back and allow the irresponsible actions of some to undermine the financial security of all….
Once this crisis is resolved, there will be time to update our financial regulatory structures. Our 21st-century global economy remains regulated largely by outdated 20th-century laws.
Recently, we've seen how one company can grow so large that its failure jeopardizes the entire financial system…
In the long run, Americans have good reason to be confident in our economic strength. Despite corrections in the marketplace and instances of abuse, democratic capitalism is the best system ever devised….
And together we will show the world once again what kind of country America is: a nation that tackles problems head on, where leaders come together to meet great tests, and where people of every background can work hard, develop their talents, and realize their dreams.
Thank you for listening. May God bless you.
http://www.foxnews.com/story/0,2933,427602,00.html
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So, even the toughest bigot among bigots who do not trust any news reported by the media would admit that it is true that there is a large-scale financial crisis that is threatening the authority of the U.S. President.
But, do not panic.
Japanese banks are the least affected by this crisis among financial institutes in the world.
SECTION II: HOW JAPAN FINANCIALLY HELPED THE U.S.
In this decade, U.S. politicians and economist have never presided Japan.
Typically, President Mr. Bill Clinton showed more respect for China than Japan.
Yet, it is Japan that has financially supported not only China but the U.S. in these decades.
For example, during the end of September 2002 and the end of March 2004, Japan purchased U.S. Treasury bonds worth 426 billion dollars.
( http://uekusak.cocolog-nifty.com/blog/2008/09/post_65f1.html )
Let’s confirm again how Japan sustained the U.S. economy as the largest underwriter of U.S. Treasury bonds as indicated in the figure below covering from March 2000 to March 2008.
(Click to enlarge. The upper blue line shows the amount of U.S. Treasury Japan purchased.) http://www.gamenews.ne.jp/archives/2008/06/post_3592.html
Now you should know that unless the U.S. Government officially expresses its gratitude for Japan, this crisis in the U.S. financial sector and Wall Street will not stop.
Indeed, you must realize that unless American super-rich men learn the need to respect those, including Japanese hard working people, whom they must respect, this crisis in the U.S. financial sector and Wall Street will not stop.
Truly, what President Mr. Bush must address is this need to respect those, including Japanese hard working people, whom American super-rich men must respect.
It is because it is money Japanese hard working people have paid as tax to the Japanese Government that has bolstered the U.S. financial sector in these decades.
The U.S. President should include words of appreciation for Japan in his address if he really wants to improve the situation before the God, since the God loves Japan so much, in my humble view.
SECTION III: HISTORICAL CONTEXTS
Respect the God and learn history and then you will not get into panic.
Why did the 1929 financial crisis occur in the U.S.?
The key factor is of course World War I.
It was also, to your surprise, to prevent World War II.
But, as the U.S., the U.K., Germany, France, and Japan as well as Russia and China failed to understand the significance of the Great Depression that broke out in 1929, the justice and peace in the world dwindled down to another world war, namely the Second World War.
Then, why has the 2008 financial crisis befallen to the U.S.?
The key factor is of course World War II, the aftermath of which includes the Korean War, the Vietnam War, and the Persian Gulf War in addition to the Cold War.
It is also, to your surprise, to prevent World War III or Armageddon, part of which might be the War on Terror.
It is time the U.S., the U.K., Germany, France, and Japan as well as Russia and China must learn to respect what they are determinedly supposed to respect.
It is the God and history, first of all.
I will discuss this issue in earnest later, since only a religious approach can be effective to tackle this scale of incident critically influencing all the mankind.
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If world governments and businesses are equally treated as financial entities, top 100 entities in terms of financial power include 51 international businesses.
Top 300 international businesses per sales occupy wealth that accounts for 25% of all the wealth in the world.
There is even a concern that those businesses are aiming at buying devaluated assets of bankrupt companies at lower costs.
In other word, they are waiting for the Great Depression as a big chance to buy out otherwise costly and invaluable assets and facilities from bankrupt companies and individuals.
Some critics and economists in Japan and the U.S. are now condemning the governments and politicians for this debacle threatening the entire U.S. economy as well as the global economy.
But, it may be time for citizens, consumers, tax payers, and voters to focus on the underlying philosophies and religions international businesses rely on for their existence and justification (though communism and religions of the 20th century do not work as the U.S. President implied in his recent speech).
It is so, since the Devil loves the Great Depression.
Follow the God and the Christ!
Love the God or money?
Answer it now!
So, Godspeed!
(If the sky tumbles down on Wall Street or the Tokyo Bay, darling, darling, stand by me…
http://players.music-eclub.com/?action=player&sid[]=122198 )
Source: http://players.music-eclub.com/?action=user_song_detail&song_id=122198)
Mat 9:29 Then touched he their eyes, saying, According to your faith be it unto you.
Mat 9:30 And their eyes were opened; and Jesus straitly charged them, saying, See that no man know it.
Mat 9:31 But they, when they were departed, spread abroad his fame in all that country.