Benjamin Fulford's posts and reports

A load of tosh?????? Not sure with Fulford anymore...

A major breakthrough in the financial logjam is imminent according to some separate sources: a Chinese politburo agent, a member of the British Royal Family and a CIA source. The CIA and British sources said some very powerful group had emerged and warned the European Royal Families to back off and relinquish control of the US and European financial systems. This group has also, according to these sources, given the Pentagon an ultimatum that it will be forced to obey. In addition, they said the world financial system would be reset to 1916 levels in a major jubilee. This would abolish all World War I and II related restitution payments among other things.

http://benjaminfulford.typepad.com/benjaminfulford/

viking

A financial face off will occur very soon, it is only months away if not weeks. There is a counterplay between the dollar and the Euro and between the investment positions of old Euro money and the Wall street set. I would say there is some good stuff in these revelations. As always the devil is in the detail.

wait a minute... didn't europe buy america in 1913... so even if it is reset to 1916... that is still after the buyout (and still leaves it in the hands of europe, not restoring ownership back to the USA)??

:becky: bulls hit Ben you got to love the comedy he brings to the table :crazy:

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Posted by Northern Boy

:becky: bulls hit Ben you got to love the comedy he brings to the table :crazy:

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Yes... but his jokes aren't that funny anymore.

The latest... Close to end game???

Source: https://youtube.com/watch?v=wcjQNEyslLc

viking

Fulford reminds me of the movie "a beautiful mind".

He is soooo removed from reality, and he still has his follwers (but then again, the pope has ...)

Yes I know what you mean.. I thought twice about posting his stuff...

Rense seemed pi**sed of with him as well at the beggining...questioning his reality!! so why not...

viking

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Posted by samvado

He is soooo removed from reality, and he still has his follwers.)

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:thumb:


I wonder how his lizard thingy on his spine is....:faint2:b that was an incredible and hilarious story. He lost it imho

The old European money networks have been at war with the U.S. since forever it seems. They have new allies in the form of the Russian oligarchs who are helping out and in return have British passports and whatnot...

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some very powerful group had emerged and warned the European Royal Families to back off and relinquish control of the US and European financial systems. This group has also, according to these sources, given the Pentagon an ultimatum that it will be forced to obey

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I would like to know how such a group could become that powerful under the eyes of all concerned, and just who they may be. They would have to have some incredible clout to be able to tell the UK Royals to do anything.

I love Ben....just not sure what reality he is plugged into.....You can tell he is genuine....He believes what he is saying.

Jeff on the other hand needs to take some interviewing tips from Mel....

Well you never know!!!

The N.W.O. Cabal is collapsing; the signs are everywhere

The following group contacted the Black Dragon Society promising the Federal Reserve Board and the Washington D.C. crime syndicates will soon lose power. They sent me an audio file but I got the message “this file cannot be opened at this domain.” However, I found the audio here:

http://www.rumormillnews.com/cgi-bin...gi?read=169644

Several people, including a direct envoy from the Chinese Politburo and a member of the British Royal family have told me a similar tale of imminent change. The gist of all their stories is that soon vast amounts of new government-controlled funding will become available and that the Federal Reserve Board and the Internal Revenue Service will be dismantled.

We have been disappointed before but there is enough information now available, even on the corporate propaganda media outlets, to make it clear we are reaching the end game.

Among the bits of evidence we find Japan, China and Russia not only not buying new Treasury bills but actively reducing their holdings. We also find the world’s central banks are no longer buying T-bills either.

Then we have China announcing they will have a trade deficit in March. That sounds like bad news for China but in fact is due to their increasing their imports of commodities from around the world by 80% year on year. This is part of their strategy to take down fiat dollars by refusing to buy anything but real stuff with their own hard-earned dollars.

Anybody with basic math skills can figure out, after looking at this chart from the St. Louis Federal Reserve Board:

http://research.stlouisfed.org/fred2/graph/?s[1][id]=AMBNS

that the only reason the US has not experienced hyper-inflation is because all those trillions of dollars the Feds have created since September 2008 are not being honored as valid currency by the rest of the world and even most of the US banking system.

On top of this you have over a dozen US states (and soon a lot more) suing the Federal Government claiming the Obama health-care law is un-constitutional. Most states have also now passed laws denouncing many D.C. power grabs as un-constitutional.

The British have also thrown down the gauntlet at D.C. by demanding that Bush era Vice-President Cheney, Secretary of State Rice and “Defense” Minister Rumsfeld all testify in front of a Parliamentary enquiry into the legality of the Iraq war.

Even the most brainwashed people out there will also notice the Euro and the European Union are falling apart. Basically, the hard working and frugal Germans and Nordic peoples are refusing to subsidize the Mediterranean countries. The “Greek” crisis is really the death knell for the Soviet style EU because the Mediterranean countries have no viable alternative to issuing their own currency. The Euro is going to end up as a German/Nordic successor to the Deutschemark.

Of course, it is not over until the fat lady sings and until we see the propaganda media organs shut down and the Washington D.C. criminals put in their place, we need to keep our powder dry and stay fully alert for any tricks or terror they may try to pull off.

benjaminfulford.typepad.com/benjaminfulford/

viking

Fulfords latest... We'll see!!!!

Posted by benjamin
May 4, 2010


A new dollar to replace the US dollar is going to be introduced on
May 11th, according to a senior CIA source. Other sources, including
linked to the Chinese politburo, the Japanese secret government and the
British Royal family have all said something big and good is imminent.
However, we have seen so many deadlines come and go that we shall
continue to believe only what we see. Fortunately, there is plenty out
there to show the New World Order really is coming down.

The most important sign remains the criminal investigation of Goldman
Sachs. This is a frontal attack on Wall Street and the Feds. The wheels
of justice grind slowly but they grind to dust. The Europeans are now
also considering bringing criminal and civil charges against Goldman for
helping Greece cook its government books. There is an awful lot I could
say about Goldman’s activities in Japan too but, because of promises
made to Japanese underworld sources, I will keep my Japan Goldman file
as insurance and not have it made public unless I die.

In any case, this probe is not about Goldman Sachs so much as it is
about the entire Western banking system. The audit of the Federal
Reserve Board that is now under way is now expected to go all the way
back to 1916, when the Federal Reserve Board first went into business
(The act creating the Fed was passed in 1913 but did not go into force
until 1916).

As a sign of more to come, Deutschebank offices have been raided in
Germany, England and the Netherlands as part of a probe of fraudulent
CO2 trading. The corporate press and the blogosphere are now going into
pack feeding frenzy mode as it finally appears safe to target the
previously taboo. They will not have to dig far before they uncover an
awful lot of dirt.

In a sign of the increasing isolation of the Washington D.C.
corporation, the Europeans have been making many public statements in
recent days about the need to totally revamp the global financial
system: The head of the European Central Bank told my former employer
Forbes magazine of the need for global financial governance; President
Sarkozy of Francewas in China promising to work together on “global
monetary reform;” and the President of the European Commission was in
Japan and China meeting with the Emperor and Chinese leaders discussing
the “financial crisis.”

ECB
President Favors Global Governance

Sarkozy and Hu bury hatchet in Beijing talks

Chinese
President holds talks with European Commission President in Shanghai

We also confirmed, from our sources that reports the British royalty
have asked the politicians in Washington to leave the 10 square British
property known as Washington D.C. are correct. It is doubtful this order
will be obeyed but it is one more piece of evidence to show the
increasing isolation of the Federal Reserve Board crime syndicate.

There are also signs of military moves to fill the vacuum expected to
be created when the Pentagon begins to evacuate many of the 800 or so
overseas military bases it will soon not be able to pay for. The biggest
sign was the Japanese self-defense forces creating Japan’s first
overseas base since World War 2. The base is being set up in Djibouti to
protect shipping from the Middle East.

The Russians also held giant naval exercises in the Sea of Japan in
what seems to be a signal to the Japanese that “we both have an interest
in containing China.” Ever since Obama went to China last year to
propose the US and China create a G2, the Japanese have begun to doubt
if the US would really go to war with China to save them. That is why
they are now probing the possibility of allying themselves with India,
Russia and other countries that actually have borders with China.

The North Koreans also seem to be ratcheting up the pressure on South
Korea to come up with a peace agreement. Sorcha Faal, the US Naval
Intelligence information/ disinformation site, claims it was the North
Koreans who blew up the oil rig in the Gulf of Mexico. Our source in
China linked to the politburo confirmed this, saying the new North
Korean regime has decided to “display its strength, bravery and
determination.” Since North Korea and South Korea are technically at
war, North Korea is actually allowed to carry out such acts of sabotage.
Other sources believe it was the Bush/Nazi faction that blew up the oil
rig to spite the British and create distraction from their troubles.
However, since North Korea has worked closely with this faction in the
past, the two scenarios are not mutually contradictory.

There many similar signs of high-level preparations for change. For
example, last week the head of the UN and the Bank of Japan、among
others, called for the release and funding of “green energy technology.”
There are many actual concrete new energy technology deals in the works
that we are aware of but will not yet write about in order to prevent
sabotage.

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.

The Liberal Democratic Party that ruled Japan since the end of World
War 2 is rapidly falling apart and efforts to create a new, viable
right-leaning party are proceeding rapidly. Japanese power brokers are
planning to revamp the political system sometime after the upper house
elections due July 11th. Their hope is to create a new dominant umbrella
party containing various factions much like the LDP did in its heyday.

No matter what though, the days of Japan being a Federal Reserve
Board/New World Order colony are coming to an end.

The various global power brokers this writer has talked to have said
there will not be any special announcements of a sudden change in how
the world is governed. Instead, they say it will take place in bits and
pieces and is exactly how events appear to be unfolding. There can be no
doubt to any but the most brainwashed that historical changes are
happening at an accelerating rate.

viking

Well at least he seems somewhat tuned in, as there would be new dollar ... bill :)
http://upload.wikimedia.org/wikipedi...ew100front.jpg
will be issued to the public on February 10, 2011

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Posted by xbusymom

wait a minute... didn't europe buy america in 1913... so even if it is reset to 1916... that is still after the buyout (and still leaves it in the hands of europe, not restoring ownership back to the USA)??

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A very strong point. But, considering who the 'horsetraders' are in such a deal, you wouldn't have expected it too go right back past 1913, would you?


[edit]....

As daft as Ben Fulford might seem, he was right on the money when he 'predicted' the Greece euro crisis at least 6 months before it errupted.

Hi there, here's a short message by Benjamin Fulford, on the state of our planet, in a nutshell, but quite accurate, I think. On the news in Holland, quite some troublesome talks on how Europe is in a critical state, with Greece in turmoil and England, going through quite some government changes. Even in my country, Holland, the government has fallen apart, in march. We are without reign........... ;) except that we have a Queen and a Prince which will be King soon.

The US financial crisis is a historic opportunity for world peace
By Benjamin Fulford

The people of China and Japan now have in their hands a historic opportunity to create permanent peace on earth. The inbred clans that have been fomenting vast wars around the planet for the past several hundred years are bankrupt. If the Asians have the courage, they will demand, in exchange for agreeing to a bail-out, that the Americans and Europeans participate in negotiations to create a world government. This would not be the tyrannical New World Order long planned by the white elite. Rather it would be a government that works for the interests of the average person and life form on this planet. Such a government would be the minimum necessary to replace war with court battles and ensure equal opportunity for all humans and safety for all creatures.
We need such a government because humanity has already wiped out 30% of the species on the planet even as millions starve and wars rage. This is because the world financial system we know have acts like a giant black hole sucking money away from the poor and the weak. Simply by taking money from trillionaires who could never possibly spend it, we could put $100,000 in the hands of each person on earth.

The Chinese and Japanese now have the leverage to demand that the Americans open up their secret bases for world inspection as well as release all the technology they have hidden for their own benefit. With such technology we could make the deserts and arctic regions bloom with life even as we travel to the stars.

A world government would allow us to replenish the seas with fish and rebuild our precious eco-systems. The poor could become well-educated, well-nourished and filled with hope.

If on the other hand, the Asians agree to bail out the Nazis who have taken over the US government, they will continue with their horrific genocidal plans. They will simply continue to manufacture disease, war and starvation in order to maintain their grip on humanity.

We are at a historical moment of great import. We have reached a harmonic situation where the peoples of the world face a choice between a win-win solution and a lose-lose solution. I sure hope the Asians grab their destiny.

Great message :thumb: Thank you :)

Espavo ~ Dan :wub:

Well, I managed to get this far...

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The people of China and Japan now have in their hands a historic opportunity to create permanent peace on earth. The inbred clans that have been fomenting vast wars around the planet for the past several hundred years are bankrupt. If the Asians have the courage, they will demand, in exchange for agreeing to a bail-out, that the Americans and Europeans participate in negotiations to create a world government. This would not be the tyrannical New World Order long planned by the white elite. Rather it would be a government that works for the interests of the average person and life form on this planet.

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Sadly, the Chinese govt has no interest in "defeating" other factions for any other purpose than to replace them. You don't participate in the destruction of the west, by maintaining a 600,000 member homeless work force out of "brotherly love". They have spent the last 40 years getting this "leverage", and will cut off communications with any govt, or person who even mentions "human rights".

If you look at what they have done, globally, is exactly what the US did with their money during the 50's and 60's. the first example that comes to mind is oil.
http://fredsitelive.com/reference/ch...ages/20oil.gif

Since 2000 China has signed long term deals, oil for manufactured goods, or technology with everyone on that list, except the US, and Iraq. And they are working on Iraq. They are also doing the same re. food with places like Argentina, and Brazil. In fact, Brazil is now turning rain forest into farmland to satisfy those deals.

China sees all this as a "chessboard" no different from the "evil west".

Economics being what it is...

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taking money from trillionaires who could never possibly spend it, we could put $100,000 in the hands of each person on earth

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is also a non-starter, really. It sounds really good. Sorta. The reality of it is quite different. Economics is a study of the "system of worth". Like any other "fluid system" it seeks a balance. it's "own level" per say.

Give every human on the planet $100,000 and Big Macs will wind up @ $50 ea. The term for this is "broke at a higher level". Force the price of Big Macs to remain the same, and you accomplish 3 things:
1. Big Macs will disappear. Why make something, when you can make something else for more money?
2. You'll have a black market in Big Macs, by week's end.
3. You'll have drive-by shootings between rival "Big Mac Gangs" killing each other over sales turf. (sound familiar?)

The trick isn't in dumping one evil for another. The trick is forcing things to change through how people participate.

I am always dubious about someone's definition of a "good" world government. The saying that "All politics is local." points to a larger truth, really. "All politics that work, is local!" The larger a govt body is, the more harm it does. The best example of this can be seen by looking at how things have gone for the US. the bigger the Fed has become, the worse off the avg American has become. (see also what I said about china's "big govt")

ANY govt, no matter who set it up, how, or why, is only trustworthy so long as the people it affects have their foot firmly planted on its throat. Humans have little to fear from people who know they will have to look them in the eye, the next day. Most of the evil we do to each other stems from the notion that those affected, cannot bring home what those what dunnit have wrought.

Lastly,

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A world government would allow us to replenish the seas with fish and rebuild our precious eco-systems. The poor could become well-educated, well-nourished and filled with hope.

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If Fulford is looking to "the asians" for this, he should take a long hard look at both Japan's fishing practices, and China's environmental condition.

Personally, I think the answer lies elsewhere.

Fred

Great post Fred

Does anyone remember Tiananmen Square????????????? Not tyrannical my butt cheeks. Ditto Swanny and Fred. Consider this, if governments only spent attention to the infrastructure of their state and the technologies that could improve them we wouldn't be in this mess. Creation is much more gratifying than destruction. Also, humans would actually see a physical improvement which would heighten the morale of the population. Esoteric bailouts to banking institutions has absolutely no physical manifestation in our reality at this point. It might have worked with FDR but I doubt that now.

The presence of Chaos induces order. Think about that one for awhile.

Tintagel, if you took out the nations names and inserted them with only truly good sources I think we would all want what is being stated, however Fred pulled the substance out of the clouds with some great examples for how a role model should look like.

I believe the common person of the world wants peace love and harmony, we just need to figure out how to get there. Here is a good start .

I consider Ben Fulford's posts and interviews to hold a very small piece of the overall world picture. I don't doubt that he has many and varied worldwide sources. However, sources can and do state whatever is most convenient for their long term objectives.

Tiananmen Square happened not at all long ago, 1989. The Chinese have never been known to make grand and sweeping changes over night. Is Hu Jintao willing to step away from his presidential office in order to integrate or harmonize peaceful and lasting human rights which is defined as, "The basic rights and freedoms to which all humans are entitled, often held to include the right to life and liberty, freedom of thought and expression, and equality before the law."? It is highly doubtful.

Whenever I hear or read that an Asian or Russian or U.S. leader is working toward peace for all and a lasting solution to global war, I simply open any news source that is not of the main stream media, and read of the truth of what is.

Under current circumstances, there is simply no way that a global world order will ever be successful until every leader is willing to step down and live among and be supportive of the whole.

My gut feeling is increasing that some of the wonderful things said by supposedly enlightened beings are so close to one world order >> new world order that they can/will be swapped
all of a sudden resulting in the new world order in the end.

The holographic model does not need a 'single' government ... so every attempt to create one i.m.h.o. is highly suspicious !

Promoting a one world government should put the final nail in the coffin for any tiny bit of credibility that Fulford might still have for anyone. Since we know he isn't stupid he has to be deliberately giving out false information/dis-info for some personal profit motive, whether for money or power through cooperation with the PTB.

With his abysmal track record of mistaken predictions I would never give the slightest consideration to his opinion on the wonderful benefits of a world government. Although his predictions and opinions are not credulous there will always be people who tend to believe him. He has apparently been serving his purposes of fomenting fear and chaos, now world peace through one world government!!!??? Amazing! Bizarre!! Laughable!!! and INSANE!!!!

Nancy :)

Nancy;
You'll notice I never really said much "against" fulford, other than, from my viewpoint, I thought him quite the dreamer. Not all a bad thing, really... but we are still "swimming amongst the sharks".

This and other reasons are why I get troubled over anyone talking "one government" (Tyranny of the majority, anyone?).

But without having read, or listened to much else by Fulford, I hasten to remind myself of an old saying:
"Never attribute to malice that which can easily be explained by ignorance."
Fulford may just be "dreaming out loud". Nice dream, but tricky to put in practice.

But if you take a simple issue like water control, the idea of "local governance" becomes the key. One place may benefit from, and really need "tight water usage control". Then again, someplace like Hawaii doesn't have any use for it. They're surrounded by the damned stuff! What they need is desalinization plants!

Toss in the 1000 other needs, and strengths ea. place in the world has, and you wind up with "one govt" that does everything poorly for everyone. ;)

I am going to go looking for the statements made by the general in charge at the time, re. Tienanmen Square. If I can't find them in a bit, I will just post the gist of the reasoning behind what they did.

Fred

right said fred!!! :) The only time we will have world peace,clean up our planet and have fair governance is when the average human stands up to be counted and says NO MORE. Its is past time we took the power back from our so called governments and started again.

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Posted by HURRITT ENYETO

right said fred!!! :) The only time we will have world peace,clean up our planet and have fair governance is when the average human stands up to be counted and says NO MORE. Its is past time we took the power back from our so called governments and started again.

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absolutely, who needs more fake governments we can govern ourselves, actually we normally govern ourselves quite well! We just have to invite the goverments of this world to leave as they are totally incompetent to represent us

:wave:

I have heard Fulford several times talking about a peaceful, loving and sharing world that he envisions. A peaceful , loving and sharing world would not need a government(s). The reason is obvious.:confused:

Intuition is going with Fred this time; something is way off here Ben imho.

Hi Fred,

I have listened to many interviews with Fulford for at least 2-3 years so I do not think he is merely a dreamer. I think he has an agenda. Whether or not it is a malicious agenda, who knows, and I do not think he is ignorant. Many things that seem to be malicious are not really if you understand the bigger picture. I don't really care if he has an agenda or not as most of us have an agenda of one kind or another. Fulford has been wrong so many times about so many things he has predicted and he seems to make a lot of really dire, fear based predictions. This is one of the few times he has sounded rather hopeful and it's about a one world government. I do find that to be rather laughable!

Nancy :)

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Posted by Fredkc

Nancy;
You'll notice I never really said much "against" fulford, other than, from my viewpoint, I thought him quite the dreamer. Not all a bad thing, really... but we are still "swimming amongst the sharks".

This and other reasons are why I get troubled over anyone talking "one government" (Tyranny of the majority, anyone?).

But without having read, or listened to much else by Fulford, I hasten to remind myself of an old saying:
"Never attribute to malice that which can easily be explained by ignorance."
Fulford may just be "dreaming out loud". Nice dream, but tricky to put in practice.

But if you take a simple issue like water control, the idea of "local governance" becomes the key. One place may benefit from, and really need "tight water usage control". Then again, someplace like Hawaii doesn't have any use for it. They're surrounded by the damned stuff! What they need is desalinization plants!

Toss in the 1000 other needs, and strengths ea. place in the world has, and you wind up with "one govt" that does everything poorly for everyone. ;)

I am going to go looking for the statements made by the general in charge at the time, re. Tienanmen Square. If I can't find them in a bit, I will just post the gist of the reasoning behind what they did.

Fred

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Fulford, Wilcock, etc. The names may change but the motives always seem to be suspect on here.

Can you blame them for dreaming though? Perhaps they want to manifest this reality and they want us to do so as well. I don't know about a world government but I want world peace and I want to save the ****ing world! We will never do so as long as we're cynical of each other!

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Over one million North American Satanists are seeking refuge outside of North America sources with direct access to a former US president, a source close to David Rockefeller and a member of the Japanese cabinet say. The reason they are seeking a refuge is that they fear the reaction of the American people when they find out what was done to them. So far the Japanese, Philippine and Israeli governments have all refused to give the Satanists shelter.

---

http://benjaminfulford.net/

EDIT: is there somebody in here who can get that info from behind the payserver and send it to me....?

not your government or a world government can save the world. as long as you think that a government or an institution must save you...you are lost! there is only one way to save the world...save yourself!

Hi everybodies, here's an interesting topic for those close to Tokyo, have fun and take care!
05/08/2010
May 23 (Sunday) Benjamin Fulford lecture Witch, a secret society of women, and age of the female goddess-we are starting to
Era of coexistence since the days of war and competition for resources. From time to time in the heart of things, came the era of sensitivity.

The world is "male-oriented society leaders" to "society women leaders" are about to change. 20th century marked by a constant struggle and war. Reached at times compelled to seek harmony in society limited. Mass production, mass consumption and mass waste and carbon dioxide, causing the dare is global warming and environmental destruction. Instead of confronting nature, time begins to seek coexistence with nature. Savage from the concrete jungle that is required for wood and green ambience. Not wasted. Leave having endless. Positive "nature time is asked" is. First is the changing consciousness at the individual level, things begin to change.

Changes in nature are seen. This year began with a full moon blue moon of the month twice. Women and the moon are related variety. Until now, the age of paternal age was, now requiring maternal age was also politically and economically. The rapidly rising status of women of reproductive age, and so on. Touch on issues related to women so:

Gizmo's feminism made artificially, the presence of women in Western secret societies (Freemasons and Illuminati but only male members, there are many organizations in the world of power by women), Muslim women satanism (the sacrifice of training to raise the devil, and family planning to make) about a witch hunt and witch (to be modern from ancient times), warrior women, called Amazon about the history and types of the Goddess of the World, Law and the Equal Employment Opportunity low birthrate problem, prostitution, mistresses, and men and women about the contracts such as marriage, women had better fields, better field of men to women, gender relations and learn from the animal world, and more.

Theme:Witches, women's secret society, and we are starting to age of the female goddess

Date: May 23, 2010 (Sun) 18:30 to 21:30 (Registration is from 18:00)

Location: District Center Sendagaya 2F (1-1-10 Jingumae, Shibuya-ku, Tokyo)

Access: JR Harajuku Station Yamanote Line "Take****a Exit" 6-minute walk (Map.)


Cost: 3,000 yen (2,000 yen for students)

Application: name, contact information, number of participants, payment method (bank transfer or taking) stated above, the

E-mail (benjaminoffice88@gmail.com) Please apply.

Contact: Office Benjaminfurufodo (benjaminoffice88@gmail.com.)

080-3282-3790

If you submit the ※ The cost of the day thank you so as not to change.

※ The management fee expense lecture hall rental and home, let me cover the cost of bon appétit Benjaminfurufodo activity.

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

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

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

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Posted by Etherios

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

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