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Japan's ruling party conceded a crushing defeat Sunday after 54 years of nearly unbroken rule as voters were poised to hand the opposition a landslide victory in nationwide elections, driven by economic anxiety and a powerful desire for change.
The left-of-center Democratic Party of Japan was set to win 300 or more of the 480 seats in the lower house of parliament, ousting the Liberal Democrats, who have governed Japan for all but 11 months since 1955, according to exit polls by all major Japanese TV networks.
The Democrats have embraced a more populist platform, promising handouts for families with children and farmers, a higher minimum wage, and to rebuild the economy.
"The nation is very angry with the ruling party, and we are grateful for their deep support," Hatoyama said after the polls closed. "We will not be arrogant and we will listen to the people."
Originally posted by Ferris.Bueller.II
Hopefully the Japanese Democratic Party upholds their election promises, unlike what the Democratic Party here in the U.S. has done.
Originally posted by intrepid
Originally posted by Ferris.Bueller.II
Hopefully the Japanese Democratic Party upholds their election promises, unlike what the Democratic Party here in the U.S. has done.
Having what to do with the topic? Let's not jack the topic.
and this, which somehow sounds familiar.
The Democrats have embraced a more populist platform, promising handouts for families with children and farmers, a higher minimum wage, and to rebuild the economy.
"The nation is very angry with the ruling party, and we are grateful for their deep support," Hatoyama said after the polls closed. "We will not be arrogant and we will listen to the people."
The DPJ has audacious goals in terms of social spending. One way to meet them could be to sell some or part of their US Treasury holdings to raise cash (oops!), which would have dramatic and immediate impact in our Treasury market. It could also do interesting things to the Yen/Dollar balance, but between that and trying to sell huge quantities of additional debt into the Japanese market, I suspect the former, rather than the latter, would be the wiser policy - for them.
Originally posted by Miraj
Yeah. Over here, Otaku's consider being and otaku a good thing. However in Japan, they are categorized as social misfits, and a bane to society.
Originally posted by Mak Manto
Fear! Be afraid of change! Even though the conservatives have been controlling the country FOR 54 YEARS, it's still bad change is coming!
Originally posted by vox2442
Originally posted by Mak Manto
Fear! Be afraid of change! Even though the conservatives have been controlling the country FOR 54 YEARS, it's still bad change is coming!
it hasn't been 54 years. There was a coalition government in power from 1993 to 1996.
Originally posted by Mak Manto
Except, in this case, when we saw otaku, we refer to a person who's a fan of anime and manga's, and the conservatives have been trying for a while now to censor and ban some of it.
Censorship is always a no-no.