JeffLee comments

Posted in: 'Simpsons' actor says he'll no longer voice Apu after controversy See in context

So why hasn't Willy the Groundsman, the ginger-haired Scottish character with the crazy accent and kilt, been censored out. Hypocrites, much?

4 ( +4 / -0 )

Posted in: Trump calls for more from Japan as security pact turns 60 years old See in context

No, it’s the US that wants to be in Japan. If not, they would have gone back.

That's not true. When the Philippines govt ask the US to go home, leaving behind its biggest overseas bases, the US duly left ...entirely. Most Americans, including politicians, would gladly like to see their soldiers come home. It's the Japanese who would freak out if that were to happen.

2 ( +5 / -3 )

Posted in: Gov't predicts Japan's fiscal target unattainable by FY2025 See in context

Achieving a "primary balance" has no purpose in terms of the nuts and bolts of public finance. Just a symbolic political act. If Japan has no inflation threat and a stable currency, and borrows from itself, then there's no practical point, and has the potential to put a drag on the economy.

-1 ( +0 / -1 )

Posted in: SoftBank to invest $40 billion for new Indonesia capital See in context

"it was not immediately clear what project the Japanese conglomerate would invest in specifically."

Let me guess: on a whimsy Masa-san will shovel trillions into the future city's co-working spaces, riding hailing services, Indian-hotel providers, dog-walking apps and pizza-making robots.

2 ( +3 / -1 )

Posted in: There are cases where provisional leave cannot be granted due to security concerns. But the length of detention and conditions at detention facilities in Japan have been criticized internationally, and there needs to be improvement in regard to human rights. See in context

"...criticized internationally"

But not nationally. The Japanese people generally believe that people accused of breaking the law should be made to suffer.

5 ( +5 / -0 )

Posted in: The current pension system -- last updated in the 1980s -- should be expanded to include part-time workers. Forty years ago, single-income households made up the overwhelming majority in Japan. Since then, families have become more diverse. See in context

The current system does include part timers. I'm technically one, since I'm independently contracted and I'm on the system, under the "self employed" category.

Beyond that, I have a NISA account and have just signed up for an Ideco plan. Nothing is stopping me from receiving a pension in Japan.

0 ( +0 / -0 )

Posted in: Your money or your life: Can nations prosper by putting well-being before GDP? See in context

GDP is not a measure of economic health, nor was it intended to be. Just output, on the assumption bigger is always better.

GDP per capita is much better, but is rarely used, as it would make mass immigration countries, like the US, UK, Canada, etc. look worse, and countries like Japan look better. this would be a serious threat to the globalization agenda, and is thus basically ignored.

-1 ( +0 / -1 )

Posted in: Japan's Nov current account surplus rises 75% on falling energy prices See in context

 "Comparing the surplus with a year ago conveniently hides all the slides in the past year/s."

Huh? I guess you didnt read the second sentence:

*"... marking the 65th consecutive month of black ink..."*

0 ( +1 / -1 )

Posted in: Japan's Nov current account surplus rises 75% on falling energy prices See in context

Many countries would be envious....

That's for sure. The numbers bolster Japan's status as the world's biggest creditor nation and the yen's status as global investors' favorite safe-haven currency.

0 ( +4 / -4 )

Posted in: Aso apologizes for remarks about Japan's historical unity See in context

It's hard to know what was going on 2000 years ago, as the Japanese were illiterate at the time. The only records were by Chinese visitors who didnt stick around for long.

However, archaeological evidence suggests a couple of waves of Korean migrants during that period, who played a big role in founding the Yamato culture. Even the last emperor acknowledged this.

6 ( +10 / -4 )

Posted in: Queen agrees to let Harry, Meghan move part time to Canada See in context

"...the three-year hate campaign against Megan Markle by the right-wing media"

Seriously? I've had the Daily Mail and others on my news feed over the past three years, and I don't remember any such "campaign." There was the occasional criticism over specific things like using a private jet while preaching environmentalism or ordering the media not to photograph her at the Wimbledon tournament. But overall, the coverage was neutral to positive.

Around the time of the marriage, most of the coverage was positively gushing, contradicting the left's laughable and embarrassing assertions she would be rejected by the royal family on racial grounds.

2 ( +6 / -4 )

Posted in: Ghosn's Japan lawyer: Questioning averaged 7 hours a day See in context

.....stressing that every culture is different.

That begs the question of what kind of "culture" Japan has. It would have to be one of relentless bullying, gross infairness, lack of empathy and where individuals who try to defend themselves against authority pay a very high price.

Japan will always have trouble attracting immigrants who want to settle here permanently.

28 ( +35 / -7 )

Posted in: Hydrogen to fuel Tokyo 2020 Olympic flame See in context

How is the hydrogen fuel produced? Most is made through burning coal and gas, making it a dirty fuel. It can be made by renewable power, but Japan's adoption of renewables has been slow compared to other developed countries, probably because those countries are more interested in doing something rather than staging dubious PR events.

2 ( +3 / -1 )

Posted in: Policies differ concerning retail staff wearing face masks to ward off colds See in context

Stepping into the arrivals of Narita airport after being abroad for a while is surrealistic: all the uniformed staff wearing face masks and of course, white gloves.

When I see a group of Japanese overseas and they're all wearing the masks, they look plain weird, like members of a doomsday cult.

1 ( +1 / -0 )

Posted in: 'Designed by clowns': Boeing releases internal messages that disparage 737 MAX, regulators See in context

Corporations need to be strictly and thoroughly regulated by the government. How obvious is that?!?

4 ( +6 / -2 )

Posted in: Crisis-hardened markets have learned to look past military flare-ups See in context

My first investment adviser in Japan was a gold, commodities and EM bug. The portfolio did well for a while then tanked. He only slowly responded to my calls for switching heavily into Wall street stocks, arguing that Obama's fiscal spending and the Fed's QE would wreck the US economy and make "hard assets" more attractive.

I laughed at this, and managed to wrest control from him, and now that portfolio is seeing its highest returns ever.

Historically, and in the long term, you cant go wrong with US equity.

1 ( +1 / -0 )

Posted in: Boeing will reassign 3,000 workers as airlines reach compensation deals over MAX See in context

Please don’t comment unless you are a aeronautical expert.

"Aeronautical experts" are the ones who caused this mess in the first place. Posters like myself years ago pointed to Boeing's misguided management and operations years ago on the JT site, predicting doom for the company.

2 ( +2 / -0 )

Posted in: Foreign firms wary as China launches investment law See in context

 I'm happy to see other nations not putting up with their shenanigans any more.

"Other nations," being those headed by Trump and the other populists in power. The globalism-loving mainstream leaders have been all too happy to see a communist authoritarian mercantilism regime dominate the global economy.

-2 ( +0 / -2 )

Posted in: In 2018, according to Oxfam, 26 billionaires had as much money as the poorest half of the world. If that's true, what do you think will be the future consequences? See in context

History tells us the result is members of the elite being frogmarched into courtyards and lined up in front of brick walls by the downtrodden. What comes next isn't a pretty site. Today's Davos Divas need to learn from history if they know what's good for them.

1 ( +1 / -0 )

Posted in: Record number of trafficking victims rescued in Thailand in 2019 See in context

"....under scrutiny from the United States and following criticism of its failure to stop trafficking in its multi-billion dollar seafood industry"

The US?! It's not as if the US seafood industry and thousands of other industries aren't dependent on the labor of exploited, illegal aliens. Fix your own house first.

0 ( +0 / -0 )

Posted in: Arrest warrant issued in Japan for Ghosn's wife See in context

"Unnamed individual"?!? Why unnamed? Gotta love the transparency.

It took them 8 months to realize there was a (supposed) problem with the statements? Japan's prosecutors aren't the sharpest tools in the shed, are they.

8 ( +22 / -14 )

Posted in: Inside the rogue 7-Eleven, a convenience store completely cut off by its company See in context


 but so far all I can see that he has DONE about it is trillion dollar corporate tax cuts.

Then you're seriously myopic. Trump personally pushed the post office to double the exploitative rates demanded by Amazon, Apple agreed to make its Pro desktop in the US right after Trump made a stink about it, and carmakers have stepped up pledges to move more production out of Mexico to the US, among other moves done in the interest of US working people. The globalists who previously occupied the White House didn't mind corporation exploitation one bit.

The resentment of the Japanese 7-11 guy is what I fight scary, in terms of knee-jerk xenophobia and ignorance.

2 ( +2 / -0 )

Posted in: Inside the rogue 7-Eleven, a convenience store completely cut off by its company See in context

like Donald Trump in America, these people at the top are only looking out for themselves.

Yeah, it's Trump's fault. Trump is actually a harsh critic of Amazon, Apple, carmakers and many of the other corporate titans over the issue of their greed and exploitation, like no other US president before.

I'd have respect for this guy if he knew what he was talking about instead of casting about for foreigner scapegoats.

0 ( +6 / -6 )

Posted in: Tokyo stocks plunge, yen surges amid rising Middle East tensions See in context

 Smart money will be selling at the top.

Geo-political events are usually only short or medium term. Better to look at earnings outlooks, govt and BOJ policy guidance and macro fundamentals.

"...the fake printed money injected by GOV." 

In case you didnt read the story, the yen is one of the world's most coveted currencies right now, hardly "fake."

And there is no "printed money" by the government. The BOJ electronically credits financial institutions' accounts in its money creation, and if it didn't do that, there wouldn't be much money around, and you'd all be complaining even more.

0 ( +0 / -0 )

Posted in: Tax hike, global slowdown set to dent Japan's economic growth in 2020 See in context

Elizabeth Warren...has pledged to increase taxes on the wealthy and strengthen corporate regulation, policies that could slow U.S. growth,

Absolute balderdash. 60-70% of US growth comes from consumption, and the wealthy use a much smaller amount of their income on spending than the middle class.

As for regulation, how much corporate value has Boeing destroyed recently, thanks to the cozy light-touch regulation allowed the FAA. Europe's Airbus is poised to take bigger and bigger parts of their market.

5 ( +5 / -0 )

Posted in: Japan calls Ghosn's escape 'unjustifiable' in first official comments See in context

Let's see:

Defense not allowed to view 6,000 files that Ghosn's enemies gave prosecutors to use as evidence.

Ghosn's informants, also complicit, got off scott-free with plea bargains and anonymity

locked up for 129 days in 7.5 sqm cell while technically innocent

Only two arrested in case were foreigners, even though forged documents were in Japanese and therefore beyond the capabilities of the suspects to produce.

99% conviction rate, while prosecutors able to appeal in the extremely slight chance they cant convict

Next-next court trials doesn't begin until over a year from now.

I'd call Ghosn's actions JUSTIFIABLE!

28 ( +34 / -6 )

Posted in: Olympics real estate boom engulfing Tokyo unlikely in Beijing See in context

"....the global financial crisis triggered by the collapse of U.S. securities firm Lehman Brothers Holdings

It wasn't "triggered" by Lehman. It was triggered the collapse of the US housing market bubble. Lehman was among a slew of institutions that went bust. Bear Sterns and others preceded them.

3 ( +3 / -0 )

Posted in: Are you financially better off than you were this time last year? See in context


Unverifiable nonsense.

What planet do you live on?

"Japan's Nikkei ended the year as one of the region's best performing indexes"

I'm way better off financially, largely through big gains in my securities investments in Japan and in my home country. Hence, I'm not as critical of Abe-san nor of Trump as many others. LOL.

-2 ( +0 / -2 )

Posted in: 24-hour video on fugitive Ghosn checked only once a month See in context

If I were Ghosn, I would have hired a private detectives to monitor and stalk the Nissan execs who ratted him out and the individual prosecutors working on the case. LOL.

0 ( +0 / -0 )

Posted in: 24-hour video on fugitive Ghosn checked only once a month See in context

"...private security company hired by Nissan Motor Co to keep watch over Ghosn."

So Nissan, the accuser, IS collaborating with the judiciary to monitor/control the suspect. The mind boggles. The Japanese politicians calling for a constitutional reform need to focus their energies on raising their legal system above the level of that of a banana republic.

6 ( +10 / -4 )

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