Wednesday, August 24, 2011

現在のアメリカを考える。 Thinking of the present state of America.

American Vice President Biden has just wrapped a tour to Japan, China, and Mongolia. I could not help but notice that he spent twice as much time in China than Japan.


Well China does have a lot more money invested in bonds than Japan. But I cannot help feel that Americans take Japan for granted. Too many Americans think of Japan as a colony that will simply obey orders.


Whoever is to become the next Prime Minister of Japan should think of this.


So the big question here is, is America financially stable? I don't think so.


Vice President Biden made his trip to reassure us in Asia that America is all right despite the close call at default. However, as I have written, the near default this month was due to political movements by the hard right Republican party. The Republican party in America is now controlled by Christian Fundamentalist elements through the Tea Party.


They want radical change that amounts to Civil War in America. They have indicated how they will use this type of political maneuver, pushing issues to the limit, again. In effect, they are promising more political turmoil.


So politically, we cannot expect any improvement in America's situation. In fact, we can expect things to get worse. And since the Christian Fundamentalists seem willing to go to Civil War if they don't get their demands, I think the political situation will get much worse.


The Christian Fundamentalist movement is a cancer growing in the heart of America.


No political stability means no financial stability.


American financial institutions have not changed their ways since the 2008 crisis. They are still doing credit default swaps, the mortgage market in America is getting worse, not better.


In fact, just this week, the New York State Attorney General was fired from a probe into the mortgage market.

The banks and the Obama administration want to finish up the investigation quickly. New York Attorney General Schneiderman wanted to probe deeply. So since he is fired, does that mean a comprehensive probe will not happen?


So as far as I understand, the problems that nearly destroyed the world economy have not been fixed in America, they are ongoing. And there is no desire in Washington to fix them.


In the Blogosphere, there is much frustration on the American Left with President Obama. He has not withdrawn from Iraq or Afghanistan. (despite announcements of an Iraqi withdrawal, there are still 46,000 US troops there)


Also, President Obama has not been able to fix the American economy. To be honest, I no longer think any US President can fix the US economy. It is in terminal decline.


President Obama is a decent man, but America has passed from the time where decent men can have an effect.


And if President Obama does not win reelection in 2012, then we are likely to have Michelle Bachmann as President, and Civil War.


So in Japan China, we are faced with a problem. We have a lot of money invested in the United States. Yet the United States is beginning to fail, and it is becoming obvious.


What can we do? If we withdraw all our money, sell off the bonds we hold, it will trigger American collapse, and destroy the world economy.


On the other hand, Americans seem to be incapable of fixing their problems, or managing their economy.


America cannot give up it's wars in Afghanistan and other Middle Eastern countries. They are hopeless wars that serve no purpose. There is no way that any kind of victory can be made. And in the case of Afghanistan, the Taliban were originally not enemies of America.


Yet like an addict, America cannot stop throwing tremendous amounts of money into those wars with no end.


Perhaps we should remember that we are stockholders in America. Perhaps we should convert our cash investments into infrastructure investments.


Sell the bonds, and use the money to build electric railroads in America. This will provide jobs for average Americans. This is something American corporations refuse to do.


American collapse is inevitable. But we should try to save what can be saved.


And to get America to pull it's military back from overseas, and employ them at home.


Perhaps this is the way to invest in America. Don't give money to it's financial institutions, but build something real. Americans, despite their denials of Peak Oil, will soon need electric trains to survive. They refuse to learn.


Well, perhaps it is time for China and Japan to act as responsible partners, and apply some "Gaiatsu" of our own.


Because if we do not change our ways, and simply continue to give cash to America, it is like giving cash to a drug addict. It will not help America, and American collapse will be certain. And the destruction of the world economy will soon follow.


I think we should invest in American infrastructure, and reality. And save America and the world.


Friday, August 5, 2011

アメリカ、デフォルト(債務不履行)しそうに成って America almost defaulted

At the very last minute, America avoided default. There was 12 hours left until the deadline. However, the spectacle of how what should have been routine legislation came close to destroying the world economy stunned people around the world.


And it is not over yet. The whole process has to be repeated in November of 2012, after the Presidential elections.

The Tea Party is very angry about the agreement, they wanted even more cuts in social entitlement programs. And even moderate Republicans are terrified of the Tea Party's power.


Many of the new Republican Tea party members actually wanted a default. They felt that this was the only way to decrease government spending. They are totally ignorant of the damage it would have caused America and the world economy. Or they don't care.


Powerful Republicans like Mitch McConnell, are already saying that this type of no compromise fight to the limit will be Republican tactics of the future. Basically, they are saying to the Democrats, give up and surrender to Republican domination. He does not understand the danger of what almost happened.


Frankly, I doubt that there can be any serious political debate in the United States any more. The Christian Right calls the American Left "The enemy" and has plans to defeat supposed American left plans.


There are no left wing conspiracies in American politics, but the American political Christian Right believes there are.


The American Christian Right believes that the Democratic Party is controlled by Demons.

Michelle Bachmann says any kind of environmentalism is a conspiracy by Liberals to destroy her freedom, force her to live in a city and not a suburb, and to take a train and not drive a car.

It is people with such thinking that were behind the near default in the United States. And they are not happy. They wanted that default, they wanted to destroy President Obama.


Part of the agreement to avoid default is to set a special Congressional committee to decide what to cut. Frankly, President Obama gave up a lot on social programs. Exactly what has not been decided yet.


But this is not over at all. There will be much fighting over what to cut, of course the military says that they cannot tolerate any cuts.


Yet it costs $800 to transport one gallon of gasoline into Afghanistan. The US military uses a lot of gasoline.

So the lives of average Americans are going to become more difficult. The American economy is further declining.


I understand that the Japanese government is buying more dollars to help raise the dollar yen rate. I must say something here. I think it is time for Japan to be more forceful with America. The social and political problems that nearly caused default are still very strong. And internal conflict in America is increasing.


This debt ceiling agreement is in fact only temporary. When they do it all over again in a year and three months, we can expect the same fighting and problems. And the same desire of the Tea Party and Christian Fundamentalists to destroy America so that they can take over.


The Republican party of America has become insane. You cannot have a rational discussion with politicians who are driven by a destructive religious force. No matter what you say, they will answer that God is on their side, they are right, no harm will come to them.


America is no longer a stable country.


I worry that Japan is too over invested in the United States. In a sense, we are stock holders in America. I think it is time to tell the Americans to clean up their society and get rid of the crazy religious people, or we will sell our US bonds and take our money elsewhere. And we should tell them to cease these useless wars in the Middle East that cost so much money.


We must be careful, or America will pull us down as it sinks.