Friday, September 03, 2010

New PM for Japan?

Well, the revolving door prime ministership continues for this great country.

On September 14th the Democratic Party of Japan has a presidential election, with incumbent Naoto Kan (already the fifth prime minister in 5 years) facing challenger and party heavyweight Ichiro Ozawa.

Nobody seems to know why Ozawa is doing this. Monumentally unpopular and rotting black with funding scandals, Ozawa nevertheless is the most powerful man in the party and a good chance to win and thus become prime minister.

Naoto Kan has had four months, and has gotten in strife merely for mentioning the possibility of raising the consumption tax. Not that more consumption tax is needed...Japan's budget could be easily balanced if they stopped concreting the countryside. Weird but true.

Ozawa is an old school bureaucratic tool, desperate to rewind the Japanese postal services privatisation process, and in general further the slide into stagnation and cultural death.

Just thought you should know.

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