Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (11700)	7/18/1998 8:45:00 PM
From: Market Tracker	Respond to of 18691

A third candidate has thrown his hat into the ring for Japan's Prime Minister. The below is from the Associated Press - ______________ Junichiro Koizumi Koizumi is said to be popular with younger LDP members who feel the party is in for further losses unless it changes its image from that of a group devoted to back-room politics and factional struggles. Koizumi has promised to boost Japan's ailing economy by slashing corporate and income taxes. He also vowed to privatize the postal ministry within 10 years -- a controversial plan that has earned him a reputation as a rebel in LDP. Keizo Obuchi Obuchi, the head of the LDP's largest faction, appears to be the favorite of party power brokers but is said to lack broad popular appeal. Critics also accuse him of a lack of economic know-how. He says he would cut corporate and personal income tax and enact a special budget to jolt the moribund economy back to growth. Seiroku Kajiyama Kajiyama is said to have gained favor with financial markets for his aggressive economic policies. He has pledged to perform "major surgery" on the financial system. He favors income tax cuts and wants to force all banks to disclose their problem loans and set aside loan-loss reserves to cover loans that could turn out to be problematic. The Associated Press and Reuters contributed to this report.