Japan’s economic damage, security crisis, and constitutional reality are obvious to anyone with basic reasoning. Yet major media outlets and aligned academics remain incapable of grasping these fundamentals, despite the costs imposed on the nation.

2016-05-03

What is most astonishing is the article in this morning’s Asahi Shimbun.

No matter that today is Constitution Day.

I have previously written that the primary duty of the leader of any capitalist country is to raise its domestic stock prices. Taken to the extreme, that is the sole role.

If a country were run according to the economic commentaries of Asahi and the Nikkei, it would collapse and go bankrupt. They demonstrated this once again—exactly as they did 26 years ago—by persistently criticizing negative interest rates and pressuring the members of the Bank of Japan to make decisions in line with their wishes.

At the same time, just as they did 26 years ago, they repeatedly brought out top executives of financial institutions, including the president of Mitsubishi UFJ Bank, to block the Bank of Japan from taking the further monetary easing that the market was demanding.

The result was a violent surge in the yen and a massive crash on the Tokyo Stock Exchange.

In other words, Japan’s national power was severely damaged. Economic growth and GDP expansion were brought to a halt.

The losses suffered by Japan and its people due to their incompetence, shallowness, and kindergarten-level understanding of economics were enormous.

And yet, people who cannot even grasp such simple matters boldly print the words “constitutionalism” across the front page of this morning’s newspaper.

There has never been a single moment since the war when Japan was not a constitutional state—something even a kindergarten child can understand.

I have long stated that there is no one anywhere in the world who can predict China ten years from now. That kind of chaotic country is repeatedly intruding into the Senkaku Islands.

In the South China Sea, which holds Japan’s lifeline in terms of oil imports, China has begun committing unbelievable acts and is steadily militarizing the region.

The fact that Japan’s defense currently rests on the shoulders of elite Japan Self-Defense Forces units scrambling day after day must be corrected as soon as possible.

If Japan cannot possess the same rights of self-defense and belligerency as every other country in the world, then there is no choice but to strengthen the security treaty with the United States, which must act as the world’s police. This is a problem simpler than one for a kindergarten child.

Yet only media outlets like Asahi, and the academics who echo them, are incapable of understanding this.

If China were ever to land on the Senkaku Islands, then those who made their living at media companies like Asahi—who enjoyed the highest salaries in Japan thanks to exclusive use of Japan’s airwaves—and academics at institutions like the University of Tokyo who lived off Japanese taxpayers’ money, must all be mobilized to defend the country.

That is because they, above all others, bear the primary responsibility to defend Japan as Japanese citizens. They are the ones who have enjoyed the greatest benefits, wealth, and security provided by the Japanese state.

To be continued.