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Abe Approval Rating Plunges (But Japan Is Not Venezuela, Yet)

Tyler Durden's picture




 

Japan's PM Shinzo Abe has seen his approval ratings collapse for the first time since his 'devalue-to-glory' strategy was unveiled a year ago. Kyodo News reported, support for Mr. Abe fell 10.3ppt to 47.6%, while Japan News Network reported a 13.9-point fall to 54.6% as WSJ reports, public concern over the controversial secrecy bill (designed by Kafka, inspired by Hitler) and its nationalist overtones merely exacerbated Japanese people's concerns about their pocketbooks (as incomes stagnate and costs rise). As Abe plays lip service to economic issues (with a very Maduro-like speech recently on profit margins and wage increases), there is little but public outrage to hinder his plans as his ruling Liberal Democratic Party has big majorities in both houses of parliament, with no election scheduled until 2016. So much for Abenomics...

 

The secrecy bill has finally raised the Japanese peoples' ire it would seem...

*JAPAN UPPER HOUSE PANEL ADOPTS SECRECY BILL AMID UPROAR

*ABE: SECRETS BILL NECESSARY TO PROTECT LIVES AND PROPERTY

 

The right to know has now been officially superseded by the right of the government to make sure you don’t know what they don’t want you to know. It might all seems like a bad joke, except for the Orwellian nature of the bill and a key Cabinet member expressing his admiration for the Nazis, "just as Germany needed a strong man like Hitler to revive defeated Germany, Japan needs people like Abe to dynamically induce change."

Via WSJ,

All three media surveys signaled public concern after the ruling coalition steamrolled the passage of a controversial bill to set stricter penalties for intelligence breaches amid objections from opposition parties.

 

Around 80% of those questioned in all three polls felt that the bill wasn't thoroughly debated in parliament.

 

In a news conference Monday, Mr. Abe said it was necessary to push through the secrecy bill quickly to protect public safety, but acknowledged the criticism.

 

"We must sincerely and humbly accept the people's harsh criticism," Mr. Abe said, adding that "I myself should have taken more time to carefully explain" the bill.

 

...

 

Mr. Abe's high poll numbers early in his rule created a virtuous circle that allowed him to push through policies that were seen as aiding the economy and lifting the stock market, which in turn further sustained his popularity, allowing him to win a key election, and extend his power.

 

His sustained high support rate over the past year has been unusual among recent Japanese prime ministers. Starting with Mr. Abe's own first one-year term, which ended abruptly in September 2007 after his party lost an election and his popularity plunged, Japan ran through six unpopular prime ministers in six years.

 

...

 

One big change for Mr. Abe between his first term and his second has been his focus in his most recent stint on pulling Japan's economy out of its long slump. Long seen as a conservative nationalist, devoted to building up Japan's military and global clout, he devoted much of his first term to those causes.

 

...

 

“The Cabinet must understand the risks involved in moving ahead with Mr. Abe’s agenda,” Mr. Nakano said. “It faces a tough decision, whether to push ahead with Mr. Abe’s conservative goals, or to focus on Abenomics in a bid to revive popularity.”

So, it's for your own good Japan...

It seems Abe is going to need to raise that stock market even more to keep his popularity...

Meanwhile, the nationalist talk continues...

  • *ABE:NO PROSPECT OF SUMMITS WITH CHINA, SOUTH KOREA NOW

And yet last night's speeches sounded awfully like an awakening of the Maduro-style -ism of Venezuela's control system "economy"

  • *ABE: REAL BATTLE FOR ECONOMIC RECOVERY STARTS NOW
  • *ABE CALLS FOR COMPANIES TO BOOST WAGES MORE THAN PRICE GAINS
  • *ABE SAYS TOYOTA, HITACHI EXECUTIVES PLEDGED TO RAISE WAGES

Raise wages, cut margins, or else... we can only hope this stress does not bring on another bout of chronic diarrhea (as none of these Japanese leaders are getting any younger).

 

 

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Mon, 12/09/2013 - 22:58 | 4231460 reader2010
reader2010's picture

Soon the Chinese can afford to mail order the Japanese brides.

Mon, 12/09/2013 - 23:07 | 4231468 The Heart
The Heart's picture

Talk about approval ratings plunging.

There was a time when being an American was something to be proud of.

There was a time when the world wanted to be an American.

Not any more.:

"...,a growing number of banks around the world are refusing to even accept American customers in an effort to avoid U.S. government bullying and mountains of regulations."

http://rinf.com/alt-news/breaking-news/amid-irs-abuse-record-number-of-a...

 

Mon, 12/09/2013 - 23:22 | 4231498 ZH Snob
ZH Snob's picture

not for nothin', but he looks like he's ready to slit his wrists.

cheer up, Abe.  You will certainly debase the yen to zero quicker than the fed will the dollar.

Mon, 12/09/2013 - 23:25 | 4231467 Dr. Engali
Dr. Engali's picture

If only there were some sort of distraction to keep people's minds off the shitty economy.

http://www.infowars.com/china-japan-conflict-could-lead-to-world-war-iii...

Speaking of sock monkeys. If Abe had a miniature toy gun the TSA would confiscate it:

http://www.nationalreview.com/corner/365823/tsa-seizes-sock-monkeys-toy-...

Mon, 12/09/2013 - 23:05 | 4231469 Bunga Bunga
Bunga Bunga's picture

Anyone reporting approval below 99.9% will get 10 year jail.

Mon, 12/09/2013 - 23:14 | 4231482 Oldwood
Oldwood's picture

Perpetuating the theme that the naked King wears beautiful robes, is much easier with harsh penalties for those not blind. All is good, as they say it is. Don't ask. I don't want to have to punish you!

Mon, 12/09/2013 - 23:28 | 4231514 Spungo
Spungo's picture

Hmm let's see here.
Intentionally destroy the economy by causing inflation which would raise interest rates to the point where national debt becomes impossible to pay - check.
Says the country will need a strong leader to fix the problem he created - check.
Compares himself to Hitler - check.
Passes law that is eerily similar to something Hitler would pass - check.

I'm sure it's for the good of the people.

Mon, 12/09/2013 - 23:52 | 4231537 Atomizer
Atomizer's picture

We can always demand Japan to ship over a new version of sex slaves. Regretfully, this group will be used for low dose radiation treatment for cancer patients under ACA. Not joking, these people are sick fucker's. They'll do anything to make money created out of thin air. 

Tue, 12/10/2013 - 00:14 | 4231562 Vice
Vice's picture

I wonder if the overlapping territory in the East China Sea are where these mystical bitcoins come from. In a super secret underwater Atlantis. 

 

Fonestar should know all about this. 

Tue, 12/10/2013 - 01:50 | 4231631 Colonel Klink
Colonel Klink's picture

Good luck Japan, nice knowing you.

Tue, 12/10/2013 - 01:51 | 4231632 Notarocketscientist
Notarocketscientist's picture

He makes not a move without the consent of the US shadow government - you know, the guys who ordered the killing of kennedy - the same guys who are the bosses of the nsa

Tue, 12/10/2013 - 01:57 | 4231640 Peter Pan
Peter Pan's picture

The major reason for this legislation must surely be the worsening situation with the Fukushima Power Plant.

I suppose the major test as to whether anything is a secret will be whether its release harms the popularity of the government.

Tue, 12/10/2013 - 02:22 | 4231663 Aussiekiwi
Aussiekiwi's picture

It has nothing at all to do with the Fukushima power plant, he would like nothing more than to tell you the reason but is now constrained by legislation from doing so, so very sorry.

 

Tue, 12/10/2013 - 05:51 | 4231795 smacker
smacker's picture

Fukushima may well be a major reason for Abe's legislation. But you can be sure it will be used in a growing range of issues, just like the British Govt use "national security" to shut down debate and cover up their own criminality when they murder people and create huge GCHQ dragnets of illegal societal surveillance.

When all is said and done, all political rulers around the world love to conduct themselves in controlled secrecy. Easily explained by recognising that virtually all politicians are essentially criminals, acting not in the public good but their own.

Tue, 12/10/2013 - 03:08 | 4231708 YHC-FTSE
YHC-FTSE's picture

At this point I think Japan wishes it was as free and stable as Venezuela.

I expect the usual blame game of externalising faults will continue unabated in the msm. 

Tue, 12/10/2013 - 06:15 | 4231805 hugovanderbubble
hugovanderbubble's picture

LONG JPY SHORT EURO

Tue, 12/10/2013 - 08:27 | 4231886 Zwelgje
Zwelgje's picture

What's Vena got to do with it?

Tue, 12/10/2013 - 08:46 | 4231894 virgilcaine
virgilcaine's picture

Abe doesn't even  look Japanese. Imposter..maybe.

Tue, 12/10/2013 - 12:19 | 4231909 matrix2012
matrix2012's picture

Freemason Handshake - Abe and Ambassador Kennedy

 

Here's a Freemason handshake between Prime Minister Shinzo Abe of Japan and US Ambassador Caroline Kennedy.

 

Here is the picture as shown on the official web page of the office of the Prime Minister:

http://www.kantei.go.jp/foreign/96_abe/actions/201311/20kennedy_e.html

 

For reference, see here some pictures of freemason handshakes:

http://www.blessedquietness.com/journal/housechu/handshak.htm

 

According to MI5 and books about Freemasonry, the particular handshake shown in the photo is likely to be something known as the Tubal-cain (two balled cane).

 

It may explain why the seemingly politically inexperienced Caroline 'Talento' Kennedy is appointed to such post.

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