Japan's PM Yukio Hatoyama Quits, as Fulford has been saying this past weeks.

[ATYT]

Benjamin Fulford:

"Meanwhile, in Japan secret government sources continue to say the Prime Minister Hatoyama will probably resign this month and be replaced by Finance Minister Naoto Kan. I know Kan quite well and am quite sure he is not a Federal Reserve Board puppet. However, it remains to be seen if he has what it takes to reboot Japan’s financial system."

"Meanwhile, in Japan the tenure of Prime Minister Hatoyama is expected to end in May, according to Japanese secret government sources. The new Prime Minister is expected to be Naoto Kan. However, the real power is expected to reside with power broker Ichiro Ozawa and ex-police honcho Kamei Shizuka."

"In Japan, meanwhile, the battle for control of the world’s greatest creditor nation continues unabated behind the scenes. The most likely scenario now is for Prime Minister Hatoyama and power-broker Ozawa to be replaced in May by a cabinet led by Naoto Kan."



(REUTERS)http://www.reuters.com/article/idUST...9:b34555534:z0

(Reuters) - Japanese Prime Minister Yukio Hatoyama said on Wednesday he and his powerful party No. 2 would resign after a slide in the polls threatened their party's chances in an election expected next month.

WORLD | JAPAN

The yen sank to a two-week low against the dollar after Hatoyama became the fourth Japanese leader to leave office in a year or less, with some investors worried that political instability would make Japan's weak economy more dependent on the Bank of Japan's easy monetary policy.

Calls built up in Hatoyama's Democratic Party of Japan (DPJ) for him to step down to revive the party's fortunes ahead of an election for the upper house of parliament expected on July 11 that it must win to smooth policymaking.

With tears in his eyes, Hatoyama told party lawmakers that he and party secretary-general Ichiro Ozawa would resign.

"In order to revitalize our party, we need to bring back a thoroughly clean Democratic Party. I would like to ask your cooperation," Hatoyama said.

Hatoyama's ratings slid on voter doubts about his leadership, while the old-style image of Ozawa, seen as pulling strings behind the scene, had also eroded public support.

Analysts have tipped outspoken Finance Minister Naoto Kan as the frontrunner to replace Hatoyama, who quits after just eight months on the job. A new leader will be chosen on Friday, in a few days, a party official said.

The latest political turmoil, including the departure of a tiny leftist party from the ruling coalition, has distracted the government as it thrashes out a plan to cut huge public debt and a strategy to engineer growth despite a fast-aging population.

"Hatoyama's resignation may cause delays in the scheduled releases this month of the government's growth strategies and fiscal discipline targets. Whoever replaces Hatoyama would need to work them out before an upper house election, or else disappoint voters," said Hirokata Kusaba, an economist at Mizuho Research Institute.

"Things could not get any worse after Hatoyama quits, given the current deadlock in many important issues."

The yen sank to 91.78 per dollar from around 91.10 before the news but that weakness helped boost the Nikkei share average, which is heavily populated by big Japanese exporters. Bond futures edged higher.


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[Etherios]

Well his wife said she was abducted by aliens .... you guys think its relevant? just saying hehe

[steve_a]

Hi ATYT,

I'm not too sure about Fulford. The reason for his resignation? His probability of not being elected. He resigned for the party. If you're in Japan and are interested in politics, then I imagine it was common knowledgehe would resign, speceially as it got closer to his announcement. I'm not too sure you would need a dousing rod to find out that information. It would be like a secret department in the British government a couple of months ago predicting that there would be early elections... I mean come on. You could be giving more credit to Fulford that he's due.

Check out Hatoyama's history since being elected: http://edition.cnn.com/2010/WORLD/as...nation/?hpt=T1

Best regards,

Steve

[Barron]

You have excellent powers of either deduction or intuition or both steve_a ! I, too, really "wonder" about Fulford now also.......

[stardustaquarion]

Posted by Etherios (here)
Well his wife said she was abducted by aliens .... you guys think its relevant? just saying hehe

Maybe they are living the planet like Wayner says...

[ATYT]

Yeah I agree Steve, Fulford is pretty out there, but in my case it was through Fulford I first heard that this might happen. I don't subscribe to the majority of things that he says, I only follow him for entertainment really.

[Sentience]

Whats fascinating is the number of leaders falling on their swords recently. The German Chancellor, Gordon Brown and now Hatoyama, Thats three major league economies right there. combine this with the amount of CEO's of major bluechip companies who have resigned over the last 12 months and you could almost see a pattern emerging....

[steve_a]

Hi Sentience,

Now you're entering in the spirit of the game. Look around you, see what's going on, get the most information as possible and then make an educated guess and.... you'll be probably right.

Let's see.... the next to go.... the CEO of BP? Will Apple pull out of Foxconn? The Israeli issue, the President of Afghanistan... the list goes on.

Best regards,

Steve

[Etherios]

Well if all of them are pulling out.. you guys think we might have it easier to overthrow their grasp of the ppl?

[steve_a]

Hi Everybody,

Just to reinforce my suggestions above about the CEO of BP: http://www.telegraph.co.uk/finance/n...-survival.html

It doesn't really need a crystal ball to see the writing on the wall. I think we all can imagine the fate of the guy...

Some could argue that Fulford has 'inside information' from 'whistleblowers' or 'secret contacts', but in reality it appears that the information is in the news and is open for you to see (if you're interested in that subject). When Fulford predicts something, all the people who wouldn't normally follow that story, which is the vast majority, become astounded as to how he knew 'beforehand'. The truth is that he didn't, the news, or at leat 90% of it was out there and he made a logical guess. Nothing of Illuminati, secret insiders, annonymous sources, blah blah blah. Of course Fulford in not alone, there are many others out there that jump on more or less the same bandwagon.

If you want good solid information gerald Celente is the one to watch. He sells what he tells; trends, logical thinking and he says so.

Best regards,

Steve