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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: IQBAL LATIF who wrote (18890)7/12/1998 11:23:00 AM
From: CareyM  Read Replies (1) | Respond to of 50167
 
Sunday July 12 9:45 AM EDT

Japanese party suffers defeat; PM may resign

By Brian Williams

TOKYO (Reuters) - Japanese voters on Sunday handed Prime Minister Ryutaro Hashimoto a stunning electoral defeat that looked certain to lead to his resignation and throw global financial markets into turmoil.

Full article:
dailynews.yahoo.com

Ike, couldn't this be viewed as good news? In that, any change is better than no change. Hashimoto had the opportunity to make sweeping reforms and failed to take action. The people of Japan have made it clear that they want something/someone to lead them out of this recession.

It will be interesting to watch wall street's reaction. If you are correct (and you usually are!), we are in for a rough ride.

Take Care,
Carey

P.S. How are the boys? Are you still letting them type your messages occasionally?