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Japanese Voters Oust Conservative Party, PM-Elect Critical of U.S. "Market Fundamentalism" 1 of 2

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Uploaded by on Sep 1, 2009

In Japan, voters have ousted the right-leaning Liberal Democratic Party, or LDP, after fifty-five years of nearly uninterrupted governance. In elections on Sunday, the populist Democratic Party of Japan captured a record 308 of the 480 seats in the lower house of parliament. Democratic Party leader Yukio Hatoyama, who is expected to become Japans new prime minister, has questioned the role of the 50,000 American troops deployed throughout Japan and, in a recent New York Times OpEd, he blamed the global financial meltdown in part on what he called U.S. market fundamentalism.

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  • I lived in Japan for 7 years, up to 2008, and I agree with this commentator completely.

  • I've seen this newspice about 3 times already, but its just like music to the ears :)

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