This is what can happen when the economy goes south. Obama should pay close attention to this result as it could easily be his future should the US economy take a dive.
International Level: International Guru / Political Participation: 863 86.3%
Japanese Voters Oust Conservative Party, PM-Elect Hatoyama Critical of US "Market Fundamentalism"
In Japan, voters have ousted the right-leaning Liberal Democratic Party, or LDP, after fifty-five years of nearly uninterrupted governance. In elections on Sunday, the populist Democratic Party of Japan captured a record 308 of the 480 seats in the lower house of parliament. Democratic Party leader Yukio Hatoyama, who is expected to become Japan's new prime minister, has questioned the role of the 50,000 American troops deployed throughout Japan and, in a recent New York Times op-ed, blamed the global financial meltdown in part on what he called US "market fundamentalism." Ref. Source 5
Japan PM pushes for reform as society ages
Local Japanese News In English
Japan's Prime Minister Naoto Kan on Monday warned the public will have to bear their share of the "burden" to help offset the cost of a rapidly ageing society and its impact on the national debt.
In a speech marking the opening of a 150-day parliament session, Kan said his government was working towards drafting a basic proposal by the end of June on overhauling the nation's tax and social security systems.
Kan faces what analysts say is a make or break battle over the issue, which has proved divisive with voters. (AFP)
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Kan urges Ozawa to leave DPJ
Local Japanese News In English
Prime Minister Naoto Kan urged veteran Ichiro Ozawa, who has been indicted over a political funds scandal, to leave the ruling Democratic Party of Japan on Thursday, Ozawa said. Ozawa, a former leader of the DPJ, said at a press conference that at their one-on-one meeting earlier in the day, Kan had asked, "Will you leave the party?" (AP) Source: Source
Ozawa suggests DPJ would suffer crushing defeat in general election
Local Japanese News In English
Former Democratic Party of Japan leader Ichiro Ozawa suggested Sunday that the ruling party would suffer a crushing defeat if the House of Representatives is dissolved and a general election is held under Naoto Kan's premiership.
"If it comes to a dissolution and general election under the way things are, we might have to battle the election amid a completely different wind compared to two years ago," Ozawa said at a DPJ lawmaker's party in Iwanuma, Miyagi Prefecture. (AP) Source: cleanup