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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 07:44 AM
Original message
Japan: Tackle crisis with U.S. public money
Source: MSNBC

TOKYO - Likening the U.S. credit crisis to a broken bathtub draining water, Japan's financial services minister urged Washington on Wednesday to inject public money to fix the problem before it gets worse.

Sounding almost alarmist, Yoshimi Watanabe used unusually blunt language to warn that drastic action was needed to address the crisis that has battered global markets.

"If there is a big hole in the bottom of the tub, no matter how much hot water you keep adding, you will never have enough hot water," Watanabe said in an interview with The Associated Press.

Fixing the leak requires "an overall package, including monetary policy and public money," he said.



Read more: http://www.msnbc.msn.com/id/24269007
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SpiralHawk Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 07:48 AM
Response to Original message
1. "Bathtubs! That's our speciality. Smirk." - Republicon Homelanders
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Sodbuster Donating Member (96 posts) Send PM | Profile | Ignore Wed Apr-23-08 10:08 AM
Response to Original message
2. Japan sure has balls
telling us how to fix our economy. Our job is to tell other countries how to live their lives. Besides that, W said we are just in a slowdown and I believe him. After all he has been right on everything else.......
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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 10:20 AM
Response to Reply #2
3. Weclome to DU
:hi:

Mmmmm NO DEAL

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Selatius Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 10:34 AM
Response to Reply #2
5. Yeah, like he was right on the fucking WMD in Iraq. Next time you talk to a war vet ask him if...
Edited on Wed Apr-23-08 10:34 AM by Selatius
he found the WMDs in Iraq.

Yeah, I thought so. Your faith is misplaced.
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madeline_con Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 08:42 PM
Response to Reply #5
9. I think that post was sarcastic.
There was no faith.
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CountAllVotes Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 11:23 AM
Response to Reply #2
6. Besides that, W said we are just in a slowdown and I believe him.
Been to the store or gas station lately? Prices will not be going down.

SLOWDOWN my ass! :mad:

:dem:
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rmgarrette64 Donating Member (162 posts) Send PM | Profile | Ignore Wed Apr-23-08 11:40 AM
Response to Reply #2
7. Judging from the responses,
I think we have some broken sarcasm detectors...

R. Garrett
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madeline_con Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 08:42 PM
Response to Reply #7
10. Ya reckon? n/t
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UpInArms Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 08:51 PM
Response to Reply #10
11. ...
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cliss Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 07:19 PM
Response to Reply #2
8. Hi, Sodbuster
Great post! And welcome to the DU!!!:smoke:

Love the sarcasm.
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ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Apr-23-08 10:31 AM
Response to Original message
4. kick
nt
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