The White Peril 白禍

While the federal government cannot figure out how to appoint a new Governor General of the Bank of Japan, it's had no trouble filling another important position:

In a bid to help boost Japan's international prestige and disseminate its culture, cartoon character Doraemon was inaugurated Wednesday as the official cultural ambassador for Japanese anime.

Cartoon character Doraemon is a catlike robot from the 22nd century and is considered a Japanese cultural icon.

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"Please work hard to let people around the world learn more about Japan and encourage people to foster friendships with each other," Komura said.

Doraemon replied by saying: "It's an honor to do such an important job. I'll work as hard as I can."

Perhaps his first assignment will be to go back in time to the day this plan was hatched, draw a cluebar out of his 4th-dimensional pocket, and whack some bureaucrats with it. Hard.

I'm not sure the English Mainichi editorial on the ongoing failure to get a new Governor General of the Bank of Japan approved is the best, but I like the graphic. The Xes need only boxes around them to look like the strikes on Family Feud back in the '70s.

Efforts to fill the Bank of Japan governor's position have gone back to square one, and the post remains vacant. The Bank of Japan stands at the core of Japan's economic management, and its movements are watched closely overseas. Now, it has nobody at the helm. And politicians are to blame for creating such a situation.

The House of Councillors failed to approve the appointment of Koji Tanami, head of the Japan Bank for International Cooperation, following the rejection of earlier nominee, former BOJ Deputy Gov. Toshiro Muto. Both men formerly served as Administrative Vice-Minister of the Finance Ministry.

The government has appointed as deputy governors former BOJ executives Kiyohiko Nishimura and Masaaki Shirakawa, who is also a Kyoto University professor, with the latter to serve as the interim bank chief until a permanent posting is made.

There's a meeting of G7 central bank governors in April. The Mainichi hopes, plaintively, that the BOJ has an actual chief by then.

No surprise here: the DPJ is making good on its threat to oppose the Muto nomination:

The leadership of the Democratic Party of Japan met on 11 March and resolved not to agree to the the government's nomination of Bank of Japan Deputy Governor Toshiro Muto as its new governor. Regarding nominees for new deputy governors, it will oppose University of Tokyo Professor Takatoshi Ito but not University of Kyoto Professor Masaaki Shirakawa.

Now that the ruling coalition doesn't control the upper house, it can't get its nominees through the Diet without the agreement of the DPJ. The DPJ argument against Muto--that he's a career bureaucrat who will compromise the central bank's independence--isn't one to be taken lightly. Muto was once Vice-Minister of Finance...meaning that he had risen through the ranks of appointed officials to become the official with the most real power in the ministry (more than the Minister of Finance himself, who's appointed by the current administration from on high and lacks the deep-rooted connections with ministry insiders). Japan has a lot of public debt, so the fear is that Muto will be too likely to keep interest rates down to gladden the hearts of federal bureaucrats by helping finance the (large) public debt. And word is that Muto is less committed, at least in the short term, to raising rates than Toshihiko Fukui, whom he'd be succeeding.

At the same time, I have yet to hear whether the DPJ has any bright ideas about who should get the job, and more bickering right now just gives foreign investors more reason--as if more were needed--to think Tokyo is seriously flaky and unreliable.

Apropos of nothing: I don't know much about the deputy governor nominees, but Wikipedia says that Ito is a disciple of Kenneth Arrow, who presumably directed his dissertation at Harvard.

Back in Tokyo for a half-week stay to attend to a few things before going back for my last few weeks in Taipei. This time, it's the clear weather that's following me around, which is nice. Not even I, with my English genes and sense of dramatic melancholy, like rain and overcast skies that don't stop for weeks at a time.

Japan appears not to have undergone any major changes, though I have to say I loved this item from the other way (which I was too busy to post about at the time):

Cutting bureaucratic fat may be a lot tougher than anticipated.

A government advisory panel's proposal to reduce branch offices of central ministries and agencies is expected to meet with fierce opposition.

While terms such as branch office and regional bureau may conjure up images of "outposts" of central government ministries, those venues are considered by entrenched bureaucrats as comprising the "core" of their ministries.

...

Past developments do not bode for fast progress. Last year, the decentralization committee asked for suggestions on possible mergers of branch offices.

Not a single central ministry came up with a positive proposal.

"Tougher than anticipated"? Asking central ministries whether they have any bright ideas about how to shrink their own territory and limit their own authority? The degree of ingenuousness on display here is touching. Every battle over restructuring federal ministries--from the game of musical chairs finalized in 2001 to the Koizumi administration's "trinity reforms"--has amply demonstrated that bureaucrats do not willingly look for ways to give themselves less power. And they know how to work the system to get their way, largely because they pretty much are the system.

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It's confirmed that Toshiro Muto is the candidate whose name has been submitted to committee as the next head of the Bank of Japan. (Toshihiko Fukui's chances for a second term were scotched by his involvement in the Murakami Fund/Livedoor maelstrom.)

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I'm starting to get the new Janet album, which makes me happy. It's been a while since a celeb put out an album that actually grew on me instead of provoking an immediate and unshifting love it/hate it/enh reaction. The single seems to have gone nowhere except in dance clubs, of course.

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Happy belated birthday to Rondi, who was born on 5 March.

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Happy on-time birthday to Lynn Swann, Taylor Dayne, and Tammy Faye (wherever she is), who were born on 7 March like me. This is apparently the day Apple was granted the patent for the iPod two years ago, too, which is very cool.

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Eric has a good post about maneuvering in the Pennsylvania primaries. I agree that those who think goosing Clinton's campaign in order to help McCain along later are playing with fire:

Unless that is, I do something about it, and fast. The way I see it, Hillary is going to win this state, and the forces of Rush Limbaugh are going to do their damnedest to increase her margin of victory. This, it is believed, will help John McCain. Not only do I disagree with this approach, but I distrust it. Almost without exception, Limbaugh and the other major Hillary promoters hate John McCain and make no secret of it. So I am deeply suspicious of their claim that they are "helping" John McCain by helping Hillary at the polls.

I think this might very well have the opposite effect. Yesterday's election results demonstrated the fragility of Obama's house of cards, because the Obamamania is already starting to wear off. I predicted that in the long term, he would be the weaker of the two candidates for this very reason, and that he, not Hillary, would be the easier of the two for McCain to beat.

Divisiveness in the Democratic Party seems to be building just fine without trying to foment it...with the side effect of reinforcing HRC's renewed viability. I don't think I'm misunderstanding the argument, but I really don't think it's a good idea.

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Remember when Janet used to sing songs like "He Doesn't Know I'm Alive"? As often happens, the release of the new album has reminded me how much I love her old stuff, so I've been on a real Janet kick, and I was just thinking, you know, if she did a song with a similar storyline today, she'd be all like "He doesn't even know that I'm alive...so I hired a private detective to find out his address, put on my studded lilac pleather catsuit, got into my SUV, plowed it through the facade of his McMansion, stepped grandly out into his now open-air foyer, and introduced myself as Miss Janet Robo-Damita." I mean, rhyming and stuff, of course.

I guess that's not as interesting as it seemed a few minutes ago. Uh, have a good weekend, everyone.