Archive - Jan 6, 2013 - Blog entry

Gold is clothing, not money...

Violence and Threats Being Used to Intimidate and Coerce the American Public for Political Purposes

Big Bucks: the initial step alone costs ¥650 billion

The ascent of the Democratic Party of Japan marked the end of Japan's one-party state, dominated by the Liberal Democratic Party since the 1955.  However, the DPJ was unable to address the challenges Japan faced, was internally unstable, as illustrated by the revolving door in the prime minister's office, and spent scarce political clout to support a controversial retail sales tax increase.  

The LDP has returned to power.  Its ascent is a victory for the old elite.  Reports suggest that half of the cabinet positions were given to members of parliament who had inherited their Diet seats from their families.    The LDP's program, or Abenomics as it has been dubbed, seeks to strengthen the domestic economy and enhance Japan's ability to project its power internationally. 

Apart from the slight uptick from the bottom in the housing market, the rest of the economy is just not robust enough to produce earning`s growth.