JeffLee comments

Posted in: Gov’t honors war dead at Chidorigafuchi cemetery See in context

The history is written by the war winner.

Not it isn't. The Vietnam War, for example. About 90% of the books, films and scholarly publications were written by the losers.

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Posted in: China's reforms not enough to arrest mounting debt: Moody's See in context

@Triring

Looks as if you don't even know what shadow banking is.

That's a comment I direct at you. Your definition is outdated and narrow.

The Economist: "Today, the term is used more loosely to cover all financial intermediaries that perform bank-like activity but are not regulated as one."

http://www.economist.com/blogs/economist-explains/2016/02/economist-explains-0

Japan's shadow banking industry is worth around 5 trillion dollars, according to the Financial Stability Board (2015).

http://www.fsb.org/wp-content/uploads/global-shadow-banking-monitoring-report-2015.pdf

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Posted in: Debate heats up over Cool Biz temperature rules See in context

A dumb wa-building exercise. Building managers should be able to provide analytic data on energy consumption patterns, and parameters should be set on these to meet conservation targets. Setting all the thermostats to the same temperature (LOL) is not the kind of policy one expects in an advanced society.

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Posted in: China's reforms not enough to arrest mounting debt: Moody's See in context

Japan never had a shadow banking system in the first place.

Yes it did. In the leadup to the bubble, the sarakin industry was largely run by the yakuza who used revenues for shady purposes and intimation and violence against borrowers. Regulators knew but did nothing.

Zaitech was another example of uniquely Japanese sleazy finance. There are many others. The regulators were aware of these things but did nothing...until after the crash, or as I like to call it, "Yamaichi Shock." LOL.

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Posted in: Two men killed in Oregon train stabbings after anti-Muslim rant See in context

@katsu78

"radical, right-wing, white-supremacist terrorism....has killed or harmed far more people in the US in the same amount of time than Muslims have."

Not true and/or misleading statement. It's actually the other way around. Fact check

https://pjmedia.com/homeland-security/2016/08/17/fact-check-islamic-terrorists-have-killed-more-in-domestic-attacks-since-911-than-the-right-wing/

https://apholt.com/2016/01/11/right-wing-extremism-vs-islamic-extremism-in-the-united-states-a-look-at-the-numbers/

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Posted in: Australian drug trafficker Corby to return home amid media storm See in context

Did the Australians ever prove their claim the pot was stashed there by Australian airport baggage handlers?

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Posted in: China's reforms not enough to arrest mounting debt: Moody's See in context

@5SpeedRacer5

"The article includes one more gem: "shadow banking.""

And you forgot to read beyond that:

"Regulators have issued a flurry of measures to clamp down on the shadow banking sector while the central bank has gingerly raised short-term interest rates."

This is what Japan in the bubble and the US in 2008 failed to do...until it was too late. The regulators sat on on their hands while viewing the speculation and sleaze as a glorious manifestation of the market doing its job. The Politburo in Beijing takes a different view all together, to their credit.

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Posted in: Brazil packed with travel riches, so why so few tourists? See in context

A friend of mine went to a restaurant at the famed Copacabana, and he said street kids were constantly running past, grabbing the food off his and the other customers' tables. That was after the cops starting systematically murdering the children around that time in a "street cleaning" campaign. Yep, really nice place.

So my friend told: "You don't want to ever go there."

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Posted in: China's reforms not enough to arrest mounting debt: Moody's See in context

China has managed to avoid financial crises that dogged Japan and the West. That is despite China having an overheated property market for quite a few years, plenty of private debt and stock market crash.

The Einsteins at Moody's (who gave triple-AAA ratings to toxic subprime debt securities back in the day) might want to ask themselves why.

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Posted in: Armed forces to be deployed to key sites in Britain after Manchester suicide bombing See in context

@strangerland

> Canada instituted martial law against a religious group of people within Canada, leaving everyone else free as normal? First I've heard of that.

You should read more. They targeted an ethnic minority, the French, and rounded up community leaders, union leaders, scholars, artists and others. The majority of Canadians of all sides supported it. The action, though harsh, was very short and effective.

https://www.theglobeandmail.com/news/politics/40-years-later-security-and-the-flq/article4328160/?page=all

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Posted in: Suicide bombers in Jakarta kills 3 policemen See in context

".... but note about one hundred dead every day in Yemen."

There's a raging civil war going on there, it's been going on for a couple of years already, and I have seen "headlines" on that horrific incident quite a few times already in the Western media. Proverbial apples and proverbial oranges, with this single bombing in a bus station.

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Posted in: 2 Chiba teachers fired for filming up girls' skirts, kissing students See in context

The headline states both teachers did upskirt photography AND kissing.

It should be recast as: "Chiba school teacher fired for filming up girls' skirts, another for kissing students"

As for no charges, maybe because the board, not the police, investigated the incidents.

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Posted in: Moody's downgrades China; warns of fading financial strength as debt climbs See in context

China doesnt face the risks of the US in 2008 or Japan in 1992, because its banks are state-owned and controlled and its regulators dont much tolerate shadow banking.

I pointed this out 2 summers ago, when the FT and everyone else was predicting a possible financial crisis from the stock plunge. I was right then, of course, and I'm right now. The real economy will probably slow somewhat, but that's about it.

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Posted in: Armed forces to be deployed to key sites in Britain after Manchester suicide bombing See in context

ahh nothing like martial law on ones own citizens to deal with a problem.

Canada instituted martial law to deal with its terrorism crisis in the early 70s. It worked. The terror problem was quickly and forever extinguished. Britain's "outreach" and "community approach" policing over many years are NOT working, as the extensive nature of this attack and other attacks show.

The results speak for themselves.

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Posted in: Gov't to inspect Shoko Chukin Bank over shady loans See in context

.... amid concerns that it might be difficult for the bank....to carry out a thorough investigation by itself.

Allowing banks to investigate themselves. What could possibly go wrong?

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Posted in: Pope asks Trump to be peacemaker See in context

What a creepy photo.

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Posted in: Armed forces to be deployed to key sites in Britain after Manchester suicide bombing See in context

Most of the radicalizing also comes from their treatment in the British society.

The recent UK terrorists and ISIS joiners in Europe have mostly come from comfortable middle-class backgrounds, with good educations, often thanks to the state. Just look at the homes targeted in the anti-terror raids. There is no correlation between radicalization in the West and socio-economic background. It's a function of a hateful ideology that was imported from elsewhere.

So it's Britain's fault, eh?. Tell that to the Thais, Nigerians, Filipinos, Russians, Chinese and everyone else around the world who also are being attacked by radical Muslims on a daily basis. One of the most recent Jihadi attacks was Sweden, right? Sweden: such an awful, intolerant, unjust society.

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Posted in: Armed forces to be deployed to key sites in Britain after Manchester suicide bombing See in context

The only solution is for the west to get out of the middle east altogether

That was the Obama doctrine in 2008, believe it not. It didn't work, in the light of the horrors of the "Arab Spring" and other locally inspired atrocities.

Obama was smart enough to realize that leaving Middle Easterners in charge of their own affairs would create more death and destruction and genocide than Western "meddling." That's been true for centuries.

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Posted in: Armed forces to be deployed to key sites in Britain after Manchester suicide bombing See in context

Let's not forget that ISIS was spawned and incubated in rebel held northern Syria,...

No it wasn't. ISIS was "spawned" by al-Zarqawi in Jordan in the 1990s, (in a time and place of no Western intervention.)

The historical ignorance of the apologists on this board is appalling.

"The Muslim community in the U.K. has to be strictly monitored."

It is already, especially since 7/7.

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Posted in: At least 19 dead, 50 injured by blast at Ariana Grande concert in Manchester See in context

@zichi

History has shown time and time again that violence is never defeated by violence...

Apart from the defeat of Nazi Germany and about a million other examples I could cite.

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Posted in: 22 dead, at least 59 wounded in Manchester blast; British election campaign suspended See in context

The only effect method of retaliation is to unite and identify the radical fundamentalists that are hiding within UK communities.  

Lots of Islamists have already been identified and put on terror lists, and the UK security authorities are continually foiling Jihadi plots.

The recent attack is something that slipped thru the cracks. There is no truly "effective method," sad to say. As Uk intelligence officials have been saying repeatedly, "It's not a matter of if, but when." As the French have said, "Get used to it." As the London mayor said, it's part of a living in a big city in this day and age, (and particularly in Europe).

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Posted in: At least 19 dead, 50 injured by blast at Ariana Grande concert in Manchester See in context

I'm wondering now if it could also possibly be a deranged fan.

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Posted in: At least 19 dead, 50 injured by blast at Ariana Grande concert in Manchester See in context

Seems similar to the Paris concert, with the explosions and some reports of gunfire. Too early to tell, though.

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Posted in: Police arrest 6 suspects over massive gold bar theft in July See in context

What the heck were the victims up to!? They bought the gold and then tried to sell it all for cash -- the next day. Unless there was a one day surge in the spot price, they would have lost on the commissions and other fees. And with that amount, we're talking BIG money.

Why didn't they enlist security? Why didn't they try to accompany the "police" to the "station." Too many questions.

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Posted in: Kyoto University gets billed for using Bob Dylan lyrics in speech See in context

The world's worst philistines are the Japanese Society of Rights of Authors, Composers and Publishers, I'm getting tired of reading about how they target people, like music students, in a bid to squeeze money out of them for having the audacity to engage in the arts.

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Posted in: Exports propel Japan to trade surplus for third straight month See in context

"No problem USA. Just make stuff we want to buy...."

Like Apple devices and Boeing airliners?  Yeah, no one wants any of those, huh. America's biggest exports are machinery, electrical equipment and aerospace, and America is also one of the world's most successful exporters. So you can drop the smarmy attitude.

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Posted in: Exports propel Japan to trade surplus for third straight month See in context

".....my great-great grandchildren already hate you"

Then your great grandchildren will be ignorantly vindictive people. Someone should teach them beforehand about public finance, You know, how it's different from household finance, and how Japan owns the bulk of its debt, and those liabilities are in a currency it can issue, unlike, say, Greece or Argentina.

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Posted in: Tokyo police urge go-kart tour companies to improve safety measures See in context

"... go-karts for public roads...are designated as mopeds. "

Um, right.

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Posted in: Which countries have the best healthcare? See in context

"......the healthcare gold standard remains tiny Andorra,"

The world's best countries  for socio-economic development have small populations, according to several polls, it should be noted. Bigger ain't better.

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Posted in: Japan Coast Guard conducts drill See in context

Are these drills really newsworthy? The Japanese TV newscasts routinely play video of these fake scenes of the police or whatever, as their practices are a major news story. I mean, gimme us a break.

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