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Cheradenine Zakalwe comments

Posted in: Japanese businesses brace for life with interest rates See in context

Article is a nice bit of Japan Inc. propaganda which like other recent issues has little bearing to the economic landscape of Japaneses labour.

Japanese companies have long stuck to a commodity deflation and BOJ QE policy asset inflation : hoard cash from record profits and cut costs form labour benefits and wages. That left the labour economy in a vicious cycle of moribund growth and falling wages versus real cost of living.

Fixed it for you.

The reality is:

https://www.theguardian.com/business/economics-blog/2016/sep/28/quantitative-easing-qe-pernicious-effects-favour-wealthy-tax-middle-class

-1 ( +7 / -8 )

Posted in: Record 63% of Japanese in financial stress, poll shows See in context

The average annual household income for people on a tight budget was calculated to be 7.12 million yen, compared with 8.78 million yen for households who are not under stress,

I reckon a large % of people are not making near that but still being fully taxed. And having to access food banks while hustling for work.

https://mainichi.jp/english/articles/20230710/p2a/00m/0na/020000c

Add up all this % of the disaffected and the % making out in this economy is vanishingly small.

That is Neo-feudalism.

0 ( +6 / -6 )

Posted in: 'Oppenheimer' finally premieres in Japan to mixed reactions and high emotions See in context

Communism demand elevation of the party above all else, above hunanity, above god, above self.

He affiliated with groups supporting civil rights for African-Americans and immigrants in racist 30's and 40's America.

And union members being oppressed by capitalists even though he came from a wealthy family.

It mad him a good and humane man, and even his development of the A-bomb came from a desire to oppose evil regimes.

Quite a contribution to humanity.

4 ( +5 / -1 )

Posted in: 'Oppenheimer' finally premieres in Japan to mixed reactions and high emotions See in context

Oppenheimer was a flawed, brilliant genius and truly an "American Prometheus".

https://time.com/6898636/robert-oppenheimer-communist/

As such his contributions that will go down in history deserve to be examined and discussed.

-1 ( +1 / -2 )

Posted in: Trump selling Bibles to encourage supporters to 'Make America Pray Again' See in context

"Religion and Christianity are the biggest things missing from this country," he said, compelling viewers to "protect content that is pro-God. We love God.

JC railed against the Pharisees interpretation of Gospel

https://www.theatlantic.com/politics/archive/2018/01/americas-first-post-text-president/549794/

And given that Trump doesn't read ; his interpretation of the Bible probably comes from televangelists like Kenneth Copeland who campaigns for him and begs his followers for donations for a second private jet to "spread the gospel".

https://www.thelancasterpatriot.com/kenneth-copeland-speaks-at-trump-rally-in-pennsylvania/

10 ( +12 / -2 )

Posted in: Japan's overworked, underpaid truckers left behind in wage bonanza See in context

Experts say the proliferation of players in the industry due to a wave of deregulation in the 1990s was partly to blame for the sector's unique strains.

As in other nations the wave of neo-liberal "reforms" labeled deregulation in the 80's and 90's had the effect of ensuring a race to the bottom for labor and increasing the share of gains going to stock-holding capitalists.

The government is counting on such wage hikes to trickle down to smaller and medium-sized firms, which account for a whopping 99.7% of all enterprises and about 70% of the country's workforce.

Because trickle down has ever worked? Corporate tax breaks , incentives, subsidies and corporate welfare always end up in stock buybacks, dividends and executive bonuses.

Despite facing some of the country's tightest labour markets and no shortage of demand, small delivery companies like Sakata's can barely afford to make ends meet.

Cry me a river. Sakata's companies and larger ilk refuse to pay living wages according to the hours worked.

They are trying to relax language requirements for licensing and opening up the market to more low wage foreign labor.

They are trying to profit disproportionately as demand remains high and wages low, despite the labor crunch, before the inevitable shift to automation which will require significant capital investment in infrastructure that will finally weed out the smaller players in the business.

I doubt firm owner Ikuko Sakata will be having to visit soup kitchens like other Japanese workers though.

https://mainichi.jp/english/articles/20230710/p2a/00m/0na/020000c

6 ( +9 / -3 )

Posted in: N Korea says Kishida has requested summit with Kim Jong Un See in context

Kim Yo Jong -- who is one of the regime's key spokespeople -- had hinted last month at a possible future invitation for the Japanese leader to visit North Korea.

When Yo Jung summons; thou shalt come.

-2 ( +2 / -4 )

Posted in: Complaints against foreign go-kart drivers increase in Tokyo See in context

I mean they have barred far lesser things, it’s quiet amazing the authorities let this one slide

Like the foreign touts physically harassing people in certain zones, or pachinko and the DPRK remittance of funds or even scamming English teaching businesses there are certain businesses which are allowed to cause social disruption and exploitation because there are connections between criminal enterprises and business and political interests which are very profitable for a select few and must be protected.

Although no injuries were reported, there were 12 accidents involving rear-end collisions and 10 other violations, including parking fines. In February, the police department handed out written requests to go-kart operators asking them to strengthen safety measures.

Compared to the horrendous deaths caused by senior Japanese drivers in their nice cars it does not seem like much cause to panic.

-12 ( +1 / -13 )

Posted in: One of Tokyo’s most famous meeting-spot landmarks is closing for good See in context

Instead, you’ll want to meet at one of the landmarks outside the station, and the most useful has been the Shinjuku Alta building. Immediately recognizable by its giant video screen, “in front of Alta,” or Aruta mae if you’re speaking Japanese, has been the go-to answer for “Where in Shinjuku should we meet?” for decades.

Lots of memories as I am sure other expats in Japan have.

'Time' by Hans Zimmer is a good track to reflect.

Hopefully it will not be replaced by another soulless Mori et al creation filled with empty boutiques with bored staff and posh brands catering to mostly foreign tourists now.

7 ( +7 / -0 )

Posted in: Biden signs $1.2 trillion funding package after Senate's early-morning passage ends shutdown threat See in context

In sign of the conservative frustration, Rep. Marjorie Taylor Greene, R-Ga., initiated an effort to oust Johnson as the House began the vote but held off on further action until the House returns in two weeks. It's the same tool that was used last year to remove McCarthy.

Extremism is a regressive force on the US but it is not the centrist cop-out of its on "both sides".

The US is being dragged to the right by Citizen's United liberated corporate money and tax-free evangelical churches as a "left" which is not really very leftist, more a half-hearted Nordic model, is more marginalized.

Pols the like of MTG infesting American politics need to be driven out and have no base of funding.

3 ( +4 / -1 )

Posted in: New national standards for Japanese-language schools to start April See in context

Japan will introduce a new national accreditation system for Japanese-language schools from April in an effort to ensure their quality meets the needs of the country's growing foreign population.

If it matches the accreditation and assurance for the quality of the English language instruction then it is DOA.

-4 ( +7 / -11 )

Posted in: Seibu considers sale of Tokyo office building for $2 billion, sources say See in context

Seibu has approached around 10 potential buyers, including Japanese real estate developers and global investment funds such as Blackstone and GIC, said one of the people, all of whom declined to be identified as the matter is private.

Having the world's real estate owned by a global mega landlord rentier conglomerate like Blackstone sounds like a recipe for prosperity.

https://www.theguardian.com/business/2022/sep/29/blackstone-rebellion-how-one-country-worlds-biggest-commercial-landlord-denmark

Surely the sale of post-pandemic unneeded office space will trickle down in the form of wage gains to Seibu's many service and operations staff.

1 ( +1 / -0 )

Posted in: LDP considers serious punishment for 4 members over funds scandal See in context

Party leaders, including Kishida and Secretary General Toshimitsu Motegi, will make the final decision on who will be subject to punishment and its extent.

Oh, so its in good hands then.

No question the punishment will be apportioned according to the individuals complicity in the crimes, illegal benefits that were reaped and other such concerns.

Not to divert attention from those in charge and to ensure that the case is falsely closed and the gains are ensured and business can continue as usual.

"As a party, we believe that further efforts are needed to verify the facts. We want to reach a conclusion promptly on the issue of political responsibility and accountability," Motegi told reporters in Wajima, Ishikawa Prefecture, on Saturday.

Integrity level: -9

-3 ( +7 / -10 )

Posted in: Asian shares rise after Wall Street rallies; Nikkei ends at record high See in context

Keep in mind, more downvotes i receive, means more accurate my statements, both above and anywhere.

Parroting the powers that be, offering no insight, with consistent and rampant signs of bias , and garbled syntax.

Those might be more of a reason for this outcome.

The reality is the stock market is entirely orthogonal to the economic outcomes of the majority.

https://www.epi.org/blog/wage-inequality-fell-in-2022-because-stock-market-declines-brought-down-pay-of-the-highest-earners-but-top-1-wages-have-skyrocketed-171-7-since-1979-while-bottom-90-wages-have-seen-just-32-9-growth/

Mass layoffs, restructuring are great for markets!

11 ( +11 / -0 )

Posted in: Easy does it: The Bank of Japan's experiment See in context

Monetary easing can also exacerbate social inequality, and "tends to distort financial markets", Kuijs warned.

There is no "can" about it.

The monetary easing of the BOJ was just a guaranteed subsidy to the income of wealthy investors and a wealth transfer away from Japanese workers.

It is official.

https://www.cepweb.org/wp-content/uploads/2019/09/CEP-WP-2009-2-Saiki-and-Frost.pdf

-1 ( +4 / -5 )

Posted in: Trump says Jews who vote for Democrats 'hate Israel' and their religion See in context

The vast majority of Jewish Americans identify as Democrats, but Trump has often accused them of disloyalty, perpetuating what critics say is an antisemitic trope.

Whatever you want to call it: Cultural Marxism, "woke", "international Jewry", the far left, great replacement, socialism; it is a very old trope of associating heretical Jews with a certain element. And we all know where it comes from and who uses these tropes all the time.

'

-6 ( +9 / -15 )

Posted in: AI giant Nvidia unveils higher performing 'superchip' See in context

No, it's only insane to think that those 'AI' attempts will ever work somehow on any size of processors or their advancements, because that is mathematically intrinsic and impossible.

I may be wasting time responding to this that has been posted multiple times but the data points to the backpropagation algorithm developed by Hinton used in neural network LLM as superior in many respects to human cognition especially when equipped with vast amounts of data and compute.

https://www.inference.vc/mortal-computation-hintons/

That is why there are many high-level AI alarmists at present.

The event, dubbed the "AI Woodstock" by Wedbush analyst Dan Ives, has become a can’t-miss date on big tech's calendar due to Nvidia's singular role in the AI revolution that has taken the world by storm since the introduction of ChatGPT in late 2022.

A Singularity is coming even faster than Kurzweil suspected.

2 ( +2 / -0 )

Posted in: Trump unable to post $464 mil bond in New York civil case: lawyers See in context

Liberals always overplay their hand and helplessly watch as it all boomerangs right back in their faces.

According to history, true.

Lib boomerangs, care to elucidate?

Allow me to quote myself but this looks like a B-52 sized boomerang coming back on Trump.

Another irony about this is that the Trump admin was responsible for the rollback of Obama admin. reforms to limit civil asset forfeiture.*

https://www.thestreet.com/personal-finance/civil-forfeiture-trump-resurrects-an-ugly-practice-for-no-reason-14237541

14 ( +14 / -0 )

Posted in: Controversial 'Civil War' movie prompts debate over U.S. schism See in context

Biker Mice from Mars..

This was a deep dive even for this 90's "kid".

I usually don't read your comments because of the "LOOOL" but + 1 for referencing a series that had "Ronaldo Rump, a Chicago real estate tycoon who has stolen it so he can transform Mexico into a humongous golf and hotel resort."

So it is very relevant as the article states

"In early reviews, The Atlantic noted an "uncomfortable resonance in these politically polarized times." Rolling Stone said "you might accidentally mistake" the film's futuristic premise for the present.*

0 ( +1 / -1 )

Posted in: Bernie Sanders wants U.S. to adopt a 32-hour workweek See in context

In the UK I worked for 20 hours per week for 10 years earning more than a living wage and the client made a profit. I wasn't paid by the hour. I was paid for what I achieved.

This is exactly what Bernie is promulgating and what oligarchic capitalists do not like.

Contractors et al should all be in favor of this.

3 ( +3 / -0 )

Posted in: Bernie Sanders wants U.S. to adopt a 32-hour workweek See in context

Until people get used to 32 hours then they will stop working harder and expect 24 hour work week at same pay.

Never ends.

Yeah all those greedy , acquisitive laborers have been getting a free ride for too long while the virtuous investor class have been working overtime to provide a living wage and prosperity for all!

https://www.cnbc.com/2020/11/19/walmart-and-mcdonalds-among-top-employers-of-medicaid-and-food-stamp-beneficiaries.html

It is nice to see the arguments against Sanders basically amount to the same tired corporate shillery nil.

3 ( +5 / -2 )

Posted in: Bernie Sanders wants U.S. to adopt a 32-hour workweek See in context

In the 1830s, coal miners and textile workers began pushing back against workdays of up to 14 hours. After the Civil War, the abolition of slavery caused those in the U.S. to take a fresh look at workers' rights. Unions rallied around the slogan: "Eight hours for work, eight hours for rest, eight hours for what you will.”

All of the labor and human rights we take for granted now in the Western World post-slavery are due to the agitation of unions and movements labeled "socialism".

https://www.salon.com/2021/06/14/amazons-labor-exploitation-is-a-return-to-the-1920s--and-unions-are-our-best-hope-out/

It can go forward, or go back. It is up to you (to some extent).

1 ( +3 / -2 )

Posted in: Hans Zimmer talks about first North American tour dates in 7 years, the magic of composing for film See in context

His “Hans Zimmer Live” tour, which sold out in Europe, will make its way to the U.S. and Canada this fall, marking the first time Zimmer has performed in North America in seven years.

One of the best of the best as a composer, along with the late James Horner and Williams.

2 ( +2 / -0 )

Posted in: Edible bug businesses at crossroads in Japan See in context

Businesses in the industry have taken a hit especially on social media where their products are sometimes singled out for abuse, and misinformation and false claims spread.

When you think about it a cricket or beetle is just land shrimp.

3 ( +8 / -5 )

Posted in: Jail terms of up to 7 years for 12 who stormed Hong Kong legislature in 2019 See in context

Jail terms of up to 7 years for 12 who stormed Hong Kong legislature in 2019

Principled young people fighting for freedom expression against an authoritarian regime.

Unlike, as it will inevitably be compared to , the stormers of the legislature in the world's foremost democracy who were fighting for a would-be authoritarian who lost an election.

2 ( +3 / -1 )

Posted in: Cabinet OKs new foreign trainee program to promote longer stays See in context

The planned legal revision also includes revoking permanent residency status from foreigners if they do not pay taxes or social insurance premiums.

Good Kyodo article leaving that stinger til the end.

This has been de facto at Immigration but have to rope in those foreigners who were skipping the residence taxes and pension payments from these low wage jobs and install some formal procedures.

Met a few students/trainees who had choices between rent/food or these taxes at the end of the month.

5 ( +6 / -1 )

Posted in: Former Vice President Mike Pence says he's not endorsing Trump See in context

“In each of these cases, Donald Trump is pursuing and articulating an agenda that is at odds with the conservative agenda that we governed on during our four years. And that's why I cannot in conscience endorse Donald Trump in this campaign," he said.

Pence would be a great president of the Republic of Gilead.

Unfortunately the MAGA faithful want the prosperity gospel, reality show, porn star payoff version of the good ole fundamentalist USA.

5 ( +5 / -0 )

Posted in: Biden backs Schumer after senator calls for new elections in Israel See in context

Schumer has already done enough dam to his own country and now this idiot wants to do damage to Israel as well??? Geez, what a loser this guy is.

Not as much as the outgoing ghoul Mitch McConnell did.

https://www.theguardian.com/commentisfree/2022/aug/15/us-supreme-court-mitch-mcconell-conservative-judges-democracy

If there were more Bernie Sanders and AOCs what a world America would be.

3 ( +5 / -2 )

Posted in: Ghostly girls See in context

Atarashii Gakko! doing of cover of the Ray Parker Ghostbusters theme is definitely something.

6 ( +7 / -1 )

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