So it seems the world's second largest economy voted for change today.
Im not too familiar with the Democratic Party of Japan, and their website doesnt really go into specifics as far as how they are looking to get from point A to point B, however a few things caught my eye:
Im not too familiar with the Democratic Party of Japan, and their website doesnt really go into specifics as far as how they are looking to get from point A to point B, however a few things caught my eye:
Quote:
| Administrative and Fiscal Policies We shall restructure the centralized government from the perspective of devolution toward citizens, markets, and local governments. Decentralized Society We shall streamline the role of the central government and limit its role to areas which affect the foundations of the state and people_s lives_namely, foreign relations and defense, the establishment and surveillance of rules as in the judiciary, and a national minimum for living standards as in pensions. In other areas, basic local governments most familiar to residents shall realize flexible, speedy, and responsive politics and administration by making their own decisions about provision of services. We shall ensure sufficient and independent fiscal resources for each local government, and limit the role of the central government to areas such as coordinating finances between regions based on clear, firm rules. The Economy We shall reform the economic structure along free market principles of individual responsibility and free will. Finance We shall free the financial industry from arbitrary government discretion. In principle, financial institutions must compete on the basis of individual responsibility and market principles. We shall lay down transparent and fair rules of oversight consistent with the Big Bang and set up a system for protecting consumers of financial services. We shall develop the infrastructure of direct financing market through measures such as securitization of loans. We shall set up and buttress public corporations for debt collection in order to forge ahead with resolution of bad loans. |





Reminds me of the funny reels they had at the Election Night show with Stewart and Colbert. Just that this time, its not a spoof 
)