COVID-19 INFORMATION What you need to know about the coronavirus if you are living in Japan or planning a visit.

dagon comments

Posted in: Blue Impulse jets fly over Tokyo to salute medical workers See in context

Pay them according to their great social contribution as opposed to social parasite, overcompensated bureaucrats, politicians and financiers.

2 ( +2 / -0 )

Posted in: Nikkei, Topix end at 3-month high on growing economic revival hopes See in context

The stock price of a company goes up when they cut workers or their temporary hazard pay too. Yay..

2 ( +2 / -0 )

Posted in: Japan's new stimulus package to be worth ¥117.1 tril See in context

As has been stated before, 90 plus percent to corporate welfare. The previous stated figure, and I doubt the percentage going to households has increased, was roughly 4 trillion for household assistance out of the total. Scandalous, pitiful, and if the dearly held concept of shame had any real value they would be headbanging into the sidewalk in front of Kaumigaseki.

3 ( +4 / -1 )

Posted in: Kuroda says BOJ ready to do more for economy after state of emergency lifted See in context

Kuroda is so disingenuous. He knows very well that ,like other major central bankers, that their greatest weapon is quantitative easing which is guaranteed income for bankers. The message of no debt forgiveness is for the little guy.

1 ( +1 / -0 )

Posted in: Japan aims to revive tourism industry by subsidizing people to go on vacation See in context

Great economic strategy! Waste the already meager amount going to a trickle up, stimulating consumer spending approach on the industry most vulnerable and possibly to be even more severely affected by a second wave or similar pandemic shock. As long as dearly held boondoggles like the Olympics are protected there are no reservations about keeping shovelling into that money pit.

7 ( +10 / -3 )

Posted in: Lifting of emergency over virus leaves businesses with mixed feelings See in context

Without sufficient trickle up stimulus (the 100,000, when and if it comes, will largely go to service outstanding debt in an already weak economy) expect consumer demand to lag severely for a very long time. But as long as the banks, political machine and Japan Inc. are secure everything should be alright.

5 ( +7 / -2 )

Posted in: Abe vows to double Japan's virus relief package to over ¥200 tril See in context

It bears repeating; though the final figures have been changing through all the reconsideration and revisions , the amount going to households out of this astronomical figure is about 4 trillion. 4 trillion and I doubt the percentage for this figure will rise as Japan Inc. is in a feeding frenzy at the public trough.

1 ( +1 / -0 )

Posted in: White House is in the hands of a sociopathic megalomaniac, says Noam Chomsky See in context

Don't worry Trump fans, Chomsky is so smart his criticisms will fly right over Trump's head so he won't be hurt a bit.

3 ( +4 / -1 )

Posted in: Japan considers giving ¥200,000 per worker at hospitals treating virus See in context

Hero pay or hazard pay, it is already done or being done in places where there is at least some reaction to popular opinion. It is something that should not need consideration, just like the tax bills that keep arriving in the midst of a pandemic to people that have lost income.

1 ( +1 / -0 )

Posted in: Coates says Tokyo Games face 'real problems' due to COVID-19 See in context

Oh you don"t say!? Color me surprised. Wish I pulled Coates salary for stating the obvious.

5 ( +7 / -2 )

Posted in: Rare online outrage in Japan forces Abe to delay controversial bill See in context

I didn"t know prosecutors as a class evoke such feelings of sympathy from Japanese

7 ( +7 / -0 )

Posted in: Rare online outrage in Japan forces Abe to delay controversial bill See in context

So many stories or corporate and political collusion and corruption, millions struggling and forced to wait for a meager and tardy government response, roads to nowhere being built by political cronies with regressive taxes and raising the retirement age for prosecutors is what gets people outraged?! I usually do not say this, but "Oh Japan..."

10 ( +11 / -1 )

Posted in: JFA approves loans to soccer clubs hit by COVID-19 shutdown See in context

I guarantee if you gave any number of people that money in a loan with minimal interest that they could turn it around into something more beneficial to society, the economy and the planet than these soccer clubs

0 ( +0 / -0 )

Posted in: BOJ expands loan program for small firms by ¥30 trillion See in context

The overwhelming majority of Japanese will only feel the backblast from this monetary policy bazooka

0 ( +0 / -0 )

Posted in: LDP calls for 'policy mix' of monetary and fiscal stimulus See in context

The "mix" has already been in place. A lavish mix of quantitative easing (UBI for bankers) and bailouts for Japan Inc and the meager one time assistance to workers already suffering for months that may come some time this summer.

About parallel with the States, though they have been faster in getting the one time stimulus into people's hands. An economist estimated that if the 4 trillion in bailout money was equally distributed to American households each would get approximately $33,000.

0 ( +0 / -0 )

Posted in: Business almost as usual in parts of Japan still under restriction See in context

As shown on TV, the high class Ginza clubs and other such establishments have already opened. But the working class bars remain closed. Like with the big banks and corps already basking in the government cash flow while the rest wait for the 100000 handout, shows you where the priorities lie.

1 ( +2 / -1 )

Posted in: Gov't OKs cash handout to struggling students See in context

You can bet that banks and corporations have already fast tracked received their injections of Bank of Japan cash

0 ( +0 / -0 )

Posted in: Amazon hit from all sides as crisis highlights growing power See in context

No need for conspiracy theories when Amazon and Bezos regularly do things like this.

2 ( +3 / -1 )

Posted in: Korean soccer club apologizes for putting sex dolls in seats See in context

Was this a comment about how plastic Korean girls are?

1 ( +5 / -4 )

Posted in: 'Don’t let fear get the better of you,' Japanese Red Cross video urges See in context

The coronavirus does not appear to pose an existential threat to humanity at this time. Unfortunately, other fears are not so easily conquered by feel good messages. In many societies this crisis has further exposed fundamental flaws, like the precarity of work for a majority of the population and bailouts that widen gaps, enriching the already well connected minority while barely addressing the economic fallout for the majority.

0 ( +0 / -0 )

Posted in: Pandemic claims another U.S. retailer: 118-year-old J.C. Penney See in context

It is fascinating to watch Youtube videos of hollowed out dead shopping malls across the US. With the one two punch of Amazon and corona the only solution is UBI.

0 ( +0 / -0 )

Posted in: Death of man found in Fukushima Pref river ruled suicide See in context

The old "shot himself two times in the back of the head" type suicide.

7 ( +9 / -2 )

Posted in: 'Scarface' reboot penned by Coen bros set in Los Angeles See in context

Hope they expand the subplots that the corrupt cops and banks were the real enabling villains. "Say hello to the bad guy"

0 ( +0 / -0 )

Posted in: Abe's virus-relief ¥100,000 cash program faces barrage of criticism See in context

If Fujita really wanted to start a substantial debate, all he needed to do ( as even some of the morning magazine shows have done) is relate a timeline of the Abe administration's efforts compared to a country with a much smaller bureaucracy like New Zealand that started rolling out weekly payments before a lockdown.

It reads like a satirical litany of two masks, the meat and fish tickets, 300,000 if you could prove someone designated as a head of household had suffered a certain percentage of loss of income in a certain designated time frame and then the linking of the current payout to an identification system only a minority of the population hold.

6 ( +6 / -0 )

Posted in: Abe's virus-relief ¥100,000 cash program faces barrage of criticism See in context

Manufactured "contraversy". The real ones are the vastly greater percentages of the money going to wealthy megacorps, the insufficiency of the payments to the average workers affected by the crisis and the deliberate delays and obfuscations to make sure it is only a one and done deal after the majority have already been suffering since the end of February.

4 ( +4 / -0 )

Posted in: Japan to enact 2nd extra budget by mid-June to fight virus See in context

Yes the Keidanren cronies are already up for a second round of taxpayer largess while everyone else is waiting for an indefinitely delayed first round, as the LDP plays a waiting game that this crisis passes out of the headlines

2 ( +2 / -0 )

Posted in: Gov't to create scheme to inject capital into pandemic-hit firms See in context

No doubt the Keidanren cronies are not queuing up for their "injections" of capital.

0 ( +0 / -0 )

Posted in: Can clean-up See in context

This is the reality of the predatory capitalist globalized economy. Many fail to realize they work harder and perform more socially useful service than your average family of financiers.

-1 ( +0 / -1 )

Posted in: Entertainers in the United States don’t belong to a talent agency. They just make a management deal. But in Japan, talent agencies are powerful. Not many entertainers will make a political statement out of consideration for sponsors and TV stations. See in context

Those "talent agencies" are organized crime, plain and simple.The percentages of income they take from " talent" but loan sharks and mafioso to shame.

0 ( +1 / -1 )

Posted in: Since the outbreak of the coronavirus, there has been talk of a basic universal income. Do you support the concept? See in context

Arguements against a universal basic income need to be discussed in the context of quantitative easing, which is UBI for bankers, and the massive offshoring and tax sheltering of multinational profits, which use a great deal of tax payer funded infrastructure like the roads, internet and delivery services. It is called "the plunder of the commons". Denmark has taken great steps, like barring companies placing their "headquarters" in tax shelters from recieving any bailout money. Why other countries do not follow this practice is a mystery to me...Follow the money

3 ( +4 / -1 )

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