Japan Ramps Up Military Spending As USG Turns Out To Be Inadequate Provider Of Security

Japan is planning to spend roughly a quarter trillion USD over the next 5 years improving its military posture (archived). This move comes 73 years after Japan demilitarized following US threats to continue the nuclear bombardments which had already devastated two Japanese cities at the time. In recent years Japan has diversified their self defense forces adding an amphibious assault corps to defend their numerous outlying islands as China and both Koreas have presented aggressive military postures towards Japan.

At the same time the US military's presence has faded globally, to the point the product of exuberant fiat outlays appear to only allow the US to marginally prolong wars without impacting their outcome.

Japan Quits International Whaling Commision: No Big Deal

Japan has announced they are quitting the International Whaling Commision and will begin commercial whaling in their territorial waters and aquatic economic zones. This move comes after years of confrontations with the International Pantsuit over their Antarctic research whale hunts and a rejected petition to receive a quota to permit a commercial whale harvest. Seeing the International Pantsuit Whaling control club would not appreciate their diverse and ancient culture, the Japanese quit the club. No exit negotiation process, no missile strikes trying to bait an Infinity War, just a lot of International Pantsuit bitching and Japanese permits for Japanese whalers.

Japan: Cybersecurity Minister Has Not Used A Computer

Japan's minister for cybersecurity Yoshitaka Sakurada is facing substantial local criticism over a recent admission that he has never personally used a computer (archived). This criticism ignores his decades of experience ordering those working under him to carry out computer tasks, though his principled separation from computing precludes his personal participation in the future outside of his present servile position.

Japan Mass Stabbing: 19 Killed 25 Injured

Twenty six year old Satoshi Uematsu (WOT:nonperson) allegedly stabbed 44 of his former coworkers and clients today killing 19 and injuring 25 at a residential facility for the disabled west of Tokyo. Police allege that Uematsu gained entry to the facility by breaking a window and that when he left he was able to make it to the police station to surrender peacefully. Notably Uematsu managed to kill 10 more people than the German aspie whose solo Munich shopping mall putsch has renewed security cooperation between France and Germany. Local media attribute to Uematsu an utterance that approximately translates to "All disabled should cease to exist." The strict knife control laws suffered by the Japanese people failed to prevent this incident. Peace in our time.

Failing Radioactive Waste Tanks At Hanford Site Put Pacific Coast On Edge

Various news sources are reporting that as the nuclear waste containment tanks at the Hanford Site along the Columbia River in Washington State age well beyond their 50 year service life leaks are increasing with at least one tank in a condition that could charitably be described as complete failure (archived). A United States Department of Energy Politruk described the horrific outcome as an "anticipated" side effect of efforts to empty the failed tank. The Hanford site is a part of Manhattan Project National Historical Park and administered jointly by the National Park Service and the Department of Energy. Continue reading

Bank Of Japan Takes Interest Rates Negative

The Bank of Japan has introduced a negative interest rate policy a mere week after Bank Governor Haruhiko Kuroda assured the world his bank would not taking such a course of action anytime "soon" (archived). The move helped to take Bitcoin and the United States dollar higher against the yen. The euro spiked higher against the yen and then regressed.

Karpeles Arrested on Still More Embezzlement Charges

Shingetsu News Agency is reporting on their Twitter feed that Mt Gox CEO Mark Karpelès has been rearrested in Japan on still more embezzlement charges. Japanese police are only allowed to hold a suspect in detention for a limited period of time, so re-arrest on further charges is a common tactic used to keep charged suspects detained indefinitely before trial.

Tokyo Court Affirms Ancient Bitcoin Wisdom: Coins Gifted to Scammers are No Longer Yours

This week a Tokyo Court dismissed a lawsuit brought by a Kyoto resident who lost 458 Bitcoins in the Mt Gox scam. The Kyoto resident represented himself in court on a complaint he brought against Mt Gox's receiver as Mt Gox is in bankruptcy. The court in dismissing the suit determined Bitcoin is not subject to ownership claims due to its intangible nature and the third parties involved in the sort of claim the Kyoto resident wished to make. The alarm on Mt Gox's inevitable collapse had been sounded well in advance of popular recognition of Mt Gox's failure.