Archive for September, 2009

Advice to the New Japan Prime Minister

Alexander Kinmont of Morgan Stanley gave some interesting advice to the new Japanese prime minister today. Some very good insights-

1) Rescind the Bank of Japan law, and bring it under government control.

2) Fiscal Policy- Get away from politically motivated fiscal policy and move to economically motivated policy. Stop playing with interest rates and print money a bit.

3) Abolish the Inheritance Tax. This holds ups a lot of capital from going into the market.

Interesting thoughts to consider for Mr. Hatoyama.

US Healthcare Debate

It is very interesting to see that the US people are starting to have a bit more passion about not letting government get too big. It seems healthcare might have sparked the debates.

Living in Japan (a land of socialized medicine) and seeing executives going back to the US for treatment is a sign that we have some good things going in the US. This news report seems to really hit home with that.

Looking around on the net, it seems that there is a groundswell of people that are forcing the government to think a bit more before the spend the US dollar into oblivion (no value).

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