Economy Drives Japan Financial Minister to Drink
The same day Asian share prices fell after Japan announced its economy has suffered its worst downturn since the 1970s oil crisis, Japanese Finance Minister Shoichi Nakagawa appeared wasted at his G7 press conference in Rome. This came on the heels of U.S. President Barack Obama’s trillion dollar stimulus package expected to be signed into law Tuesday in Denver, Colorado. It would be the largest spending bill ever enacted by the U.S. Government to try and jolt the country out of its own economic calamity.
It was no accident that U.S. Secretary of State Hillary Clinton made her first overseas trip to Asia to court the countries that are holding many of the United States I.O.U. slips. Undoubtedly, this new bill touted by Obama which is supposed to stimulate the economy will only bury us further into debt with these Asian nations who, by the way, are not our friends.
When it is all said and done, the only thing left to be said is “Hey, Shoichi, quit hoggin’ the bottle!”
