Toxic Toshiba

Corporate governance took two major hits this week, as Samsung agreed an insider-friendly merger within Korea over substantial opposition, and Toshiba in Japan admitted six years of "overstating profits" (deliberate accounting fraud of at least 1500億円 = more than US$1.2 billion).

When convenient, both Japan & Korea still play as "weak little brother" -- unseemly & absurd if evaluating multinational public corporations with global ownership. Samsung group generated at least US$325 billion in 2013 sales. Japanese blue chip Toshiba now mirrors Olympus as incapable of basic arithmetic, sneaky & corrupt. 

A few Toshiba executives agreeing to resign is ridiculous; this should attract severe criminal punishment. The deception was systematic and long term, damaging Japan's credibility.

Go to any accounting department in Japan and watch them calculate every yen, multiple times, in a horrendous bureaucracy. Dozens of dirty Toshiba employees & corporate auditors should be liable for criminal charges. They should serve time in prison alongside TEPCO executives and government regulators responsible for Fukushima's nuclear pollution.

But Japan's corruption, like the US and it's dirty financial system, will likely ignore these crimes. Thousands of people are locked-up for minor crimes, but big criminals remain free. Major US war criminals continue to travel & talk shit. It's a fucked-up world.

Brazil again in 2020

Nobody yet officially says the 2020 Olympics scheduled for Tokyo are impossible.

But plans for the main stadium have been shredded -- to start again early next year as a "blank canvas"

Japan's antinuclear contingent is mostly marginalized & ignored, but the heavily damaged nuclear storage at Fukushima Daiichi remains unstable. Terrible reality could surely eclipse the dirtiest of nightmares in the next five years -- with another earthquake or tsunami inescapably poisoning a huge region of the world.

What's Hillary Done?

Hillary Rodham Clinton has been near the center of American power since 1992, that's twenty-three years. She talks fancy, but the bottom line = she ain't done much good.

She's been in the White House for eight years, a U.S. Senator, and America's Secretary of State. She gives a lot of speeches and she's worked hard to get rich. Hillary's been at the forefront of power throughout dozens of blunders and more than a generation of reform efforts. She's entrenched power elite -- uninterested in change.

Hillary whores for Israel.

As President, she'll soon commence open war on Syria & Iran.

Hillary Clinton is typical of many politicians: highly ambitious, but unmotivated to actually work in public service. In the early 1990s she tried laudable health care reforms but failed (though both House & Senate were controlled by Democrats). Since then, she's done damn little noteworthy. Don't expect if  President she'll do anything for you ...
Hillary Clinton's interests are elsewhere.

Bureaucracy, Spying & Data Security

Data breach (link) at the U.S. Office of Personnel Management releases detailed financial & personal information about 21.5 million American federal employees, their families, etc.

This should come as no surprise.

The key 'takeaway' on US federal spying from Ed Snowden's whistleblowing was that American bureaucracy has run amok - and cannot properly protect the vast information gathered.

Bureaucrats sadly once again do more harm than good.

Analysts failed to properly process numerous warnings and indicators leading up to the devastation of 9/11. Our ineffective National Security Advisor Condoleezza Rice kept her job -- whining "nobody could've predicted...?" -- when she should've been fired in disgrace (along with Bush & Cheney).

Now its clear senseless bureaucrats have weakened the American nation, perhaps even critically crippling our staffing for decades. In the wrong hands, federal employee career information and private data is a time bomb.

Wherever possible, resist supplying more info about anything.
Assume all private data is now available to anyone who'll pay.
   TRAGIC + STUPID !

Thousandth Post: 1000 musings

Celebrating 1000 posts published!

Uncomplicated premise to these publications: simple reflections

But what motivates composition?

Typically, sensing something wrong draws me to compose.

And though writing of petty personal troubles might offer catharsis, and may be easier to read, I continue writing about bigger problems. Macro problems.

Global problems such as war, peace & prosperity deserve & demand analysis - but most citizens of our democratic societies are too busy or otherwise unable to scrutinize what's going on.

People have assorted dispositions. I contentedly watch daft entertainment, but viscerally & quickly feel unhappy watching TV shows "Friends" or "Seinfeld" -- I sense presumption and some premise I reject. Yet those shows attract many viewers; I wish each and every one of them great good luck.

Boredom is a powerfully active force, however unruly.  
There's too much waste in our societies.
Each of us with many energies must find or develop a suitable platform, a life milieu.

But what of the seemingly endless wars being waged from the USA? How can we characterize the US war in Vietnam, with involuntary servitude of military draft: Oops? Something better forgotten?

The very many war casualties are Very Real. Dead. Maimed. Deeply disturbed. And it continues: ragged holes in many families; great potential smothered; escalating costs. Some people who set us on that military path profited greatly. Are they criminals? Was each leader well-meaning? Were their selfish goals justifiable in combination with the sacrifice they demanded from others? Should such militarists have been allowed influence over teenagers? Were our dirty efforts in Vietnam all a mistake?

I don't know the answers.

Welcome AIIB (update)

The Asian Infrastructure Investment Bank, AIIB, (亚洲基础设施投资银行 or 亚投行) had their official signing ceremony today.

Read here (link) about bitter bickering behind the launch.

We wish them well. Generally, more capital investments are highly welcome, especially in the poorest parts of the world.

The USA and Japan have thus far refused to participate - believing the new AIIB rivals their own entrenched leverage over the World Bank / IBRD and Asian Development Bank. But although the US urged its allies to spurn & boycott the new bank, most signed-up. Perhaps most notably, even Israel ignored Uncle Sam's guidance and turned its back on America.

Other nations perhaps realize that the USA has greatly overextended its resources & talent. American towns and cities are beggared by endless foreign wars. Over-reliance on the US defense industry to drive the economy has resulted in entrenched corruption and underinvestment in education and domestic infrastructure. Key human capital has been sidelined by incestuous linkages between US politicians, military, and heavy industry.

It's a momentous day - (sad too!) - a shift in Great Power relationships.

Bugging & Spying by USA

How are smiles by America's leaders reconciled with news of US targeted infiltration & spying on the German Chancellor, the French President, and many other national leaders?

America must be treated as a poisonous lizard.

Now stating "We do not and will not spy on you" is beyond belief. Two months later, or three years from now, when policies diverge, the bugs & dirty tricks are again activated.

This spying is corrosive, foolhardy, and not in America's best interest. Defense and high-tech security firms benefit; the rest of us flounder in distrust and cynicism.

Obama encourages key ally Merkel. Unknown others snooped on  her phones.

MegaMedia: Behind the Screen

Giant corporate media or MegaMedia

® Media

Know what it is - - Know your enemy!

Last January 11 (2015) huge anti-racist rallies took place around the world. More than three million marched in France triggered by terrorist murders at Charie Hebdo publishing. The largest rally was a memorial service condemning intolerance, racism and fascism in Paris. People were out in the streets for "la grande marche républicaine organisée à Paris en hommage aux 17 victimes des trois jours de terreur qu’a connue la France."

Look for the photos of politicians supposedly "leading" the 11 January march -- maybe you saw such images earlier. Published photos show a line of politicians in Paris with many behind them. Other Paris photos show huge crowds. But these are very different venues. The "leaders" only posed for a photo-op on a controlled street, for carefully staged camera angles.

Angle control
See Full-scale scam photo here !  (link source: Michel Euler, AP)

Here's more on the press scandal:

https://www.youtube.com/watch?v=lb9q-E8_VBs

Each reporter who sold the bogus camera angle promoted fraud.

Corporate media managed to keep most attention away from itself (never admitting collusion or deceit), writing instead of how US leaders were sorely missed. We learn Israeli PM Netanyahu invited himself to the gathering, forced his way to the front, and waved grandly at fictional fans (link), to arrogate personal attention. But of course the day was not about politicians, or US leadership, or fatty Netanyahu, or the dirty press corps - but rather for democracy and toleration of different peoples. Any true message was effectively lost -- hijacked by media discussing personalities and power politics. Mega-media serves its owners: mega-conglomerates. Militaristic corporations push TPP, TPA, endless wars, and nuclear power down our throats because they're positioned to profit. End of story.

® Media

Corporate restaurants McDonalds, Jack in the Box, and KFC fast food outlets shouldn't supply all your nourishment - it's unhealthy.

It's the same for corporate media - do not rely on huge megabusiness to supply proper unadulterated mind food.  To get only that shit is worse than insufficient and dizzying - corporate media has purposeful design: it's corruptive poison!

® Media = Corporate DDT = deadly to humans