IT’S A SAKI ECONOMY FOR THE JAPANESE TOO

Japanese Finance Minister Shoichi Nakagawa

Japanese Finance Minister Shoichi Nakagawa

Bookmark and Share     Proof that the United States is not alone in a struggle for economic leadership was made quite evident today in Japan.

The already unstable government of Japanese Prime Minister Taro Aso just took another hit and it is one that does not add to any sense of economic security.

Aso’s Finance Minister, Shoichi Nakagawa resigned today after apologizing for attending a string of seven news conferences while drunk.

A series of scandals and accusations and a plummeting popularity rating ,due to Prime Minister Aso’s mismanagement of the Japanese economy, has brought him and his ruling “Liberal Democratic Party” under fire and to the point of no public confidence.

Oddly, the resignation of Aso’s drunk Finance Minister coincided with a press conference by U.S. Secretary of State Hillary Clinton who has made Japan the first stop on her first foreign mission.

What a welcome that must have been.

According to some insiders, the resignation could be the straw that breaks the back of the LDP and cause it to crumble. That could also give need for Secretary Clinton to do this trip over again, when she can discuss things with Japanese leaders who will be sober and in control of the Japanese government.

In any event, the fate of disgraced Finance Minister Shoichi Nakagawa is still up in the air. Some have suggested that the drunken antics which have led to his resignation from the Japanese government, might make him a perfectly suitable replacement for ailing Massachusetts Senator Ted Kennedy when and if he ever retires.

Others have suggested that since he is now available, Nakagawa’s government experience and impeccably clean tax record could make him the perfect person to nominate for the hard to fill, vacant Commerce Secretary spot that still exists in the Obama administration. What a better way to demonstrate our free trade desires than by having an Asian commerce secretary oversee our markets?

However; sources close to WordPress.com believe that although Nakagawa’s future fortune does lie in the United States, it is not in government employment that he will find it.

Apparently, Nakegawa will be signed onto a two year contract with a new American reality television show that will be produced by and aired on C-Span. The show is called Political Rehab and it will feature an array of political leaders, each of which are trying to deal with their political afterlives while coping with various addictions and fetishes.

The show will take place in Washington, D.C.’s trendy Georgetown section where the political rehabilitants will live together for eight weeks in a three story brownstone. Producers of the program say the show will “take us through the lives of everyday politicians who have fallen from grace and out of power and are struggling to find their place in the world while also coping with the problems that brought them down and out of power”

The shows creators promise that Political Rehab will be an emotional journey, jam packed with the intensity and passion of politics along with twists born of the human frailties and addictions that all people bring to the table.

Currently, producers are still negotiating contracts with a list of stars that include former Congresswoman and Green Party presidential nominee Cynthia McKinney , impeached Governor Rod Blagojevich, former Senator Larry Craig as well as former Governors Elliot Spitzer of New York and Jim McGreevey of New Jersey. Word is that former President Bill Clinton has already been signed on but arrangements regarding where Cynthia McKinney can safely sleep without fear of Mr. Clinton are still being worked out.

The show’s producers stated that the addition of Nakagawa and his drinking problem is just what they were looking for in order to round out the other addictions being dealt with on the show such as sex and violence.

So it is nice to know that when one door closes another one can in fact open, and after Nakegawa’s resignation in Japan, it is nice to know that not everything applies to the phrase “only in America”.

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