Time to Start Demonizing the Japanese

China trimmed its holdings of US debt by US$34.2 billion in December 2009, leaving Japan as the largest holder of US Treasury securities, the US Treasury Department reported yesterday. (Xinhua)

Good news/bad news for U.S. xenophobes. China is not, at the moment, the largest holder of T-bills. On the other hand, another nation of sneaky, yellow people still occupy the top spot on the list. What’s a parnoid nationalist to do?

My advice: start drinking heavily, and then come up with a plausible strategy for demonizing the Japanese, perhaps beginning with product liability issues with Toyota. It’s only fair after all the China bashing, and product liability is a winner topic.

[Note: This blog does not encourage the demonization of anyone, with the exception of investment bankers and lawyers.]


3 Comments

  1. i think james carville should also be an exception, because he looks like a demon

  2. The demonization of japan has already begun with the targeting of Toyota. Car companies have recalls all the time, but this incident with Toyota break pedals is becoming an international episode, intentionally inflamed by all those in the US who have interests in batting down Toyota. These are the big 3, US politicians, US auto workers, US workers in general, protectionists, etc.

    Seriously, how many people have actually died in the toyota defect? Would the CEO of BMW or VW be called to congress in similar recall?