Postal Schock Doctrine is stopped
Upper House of the Japan's Diet passed today a law to halt the sales of the shares of the country's privatized postal services, holder of $3.4 trillion assetts in Japanese ordinary citizen's and household wealth, in a symbolic move of the new coalition government to overturn nearly two decades of economic fundamentalists domination and illusions of deregualtion, privatization and erosion of public common goods.
The law blocks the intended sale of shares in Japan Post's banking and insurance units and paves the way for a drastic overhaul and restructureing and possible restoration of the public postal services together with the universal services bindings and maintenance during the next parliamentary session starting in January.
"Through the period of privatization, the morale of Japan Post employees receded quickly and fallen to the bottom. So we have to revive their spirits, without which we cannot rollout new businesses. " commented Shizuka Kamei, Minister in charge of financiaol affairs and postal reform.
The privatized Japan Post's business model was a total failure involving a few scandals such as a bulk sales of kanpo inns, nationawide wealfare faciliteis attached to the insurance services and benefited middle class policy holders and customers and the new business plans will be hammered out to suit to the Japan's national interests and will likely be drafted very soon within a month to put to the deliberations at the Diet during the next parliamentary session starting January. It is reported that a series of town meetings to listen to the customers opinions nationwide will soon start to collect the true voices of the customers of the post office.
The shares in one of the world's largest savings banks and life insurance businesses by assets were slated for sale as soon as next year, but the economic crisis triggered by the Lehman Brothers bankrupcy and other financila firms practically made the conspiracies to sell out the Japan's fortune impossilbe, and to bring out the national assetts abroad into economic casino scenerio was utterly shattered, and Japanese ordinary citizens now believe it was a kamikaze or heaven's help to stop the evil conspiracies of financial devils..
The move will also disappoint villains in the global financial circle and the conspiracies to reap the fat fees from handling share sales was totally stopped, and apparently the number of votes for the introduction of freezing the sales of the share was the land slide majority in the Diet, headed by the new coalition parties. though the former LDP, former ruling party and now a minority opposition, was intentionally absent from the Diet floor to hide the internal cleavages within the party.
LDP's former prime minister, Junichiro Koizumi, won a landmark 'assasin' election four years ago but it was only a fake referendum on privatization of Japan Post in 2005. Privatization of Japan Post was only regarded as a grabbging the national assetts into a handful number of financial tycoons including internaitonl trading houses of financial investments. Now Japanese citizens realized that the Fool's Gold is not true gold and privatizion only favors the foreign interests groups and massively supported the new government's initiatives to restore the Japan Post as a healthy public common goods.
Mr. Koizumi's free-market cult supported by the finanical casino operators abroad lost momentum by the enactment of law at the Diet today. It is now clear that the Koizumi's painful reform heavily influenced by the shock doctrine abroad was only a destruction of naitonal economy and a series of conspiracies to create socio-economic unfillable gaps in Japan's society and an harsh experiment of the Schock Doctrine theory implemented in Latin America and other parts of the world,which might brought unstable Japan eventually.
Japan rejected and discarded the malicious privatization of Japan Post categorically.