A Re-Armed Japan Threatens the Dollar

September 11th was a historic day for American foreign policy, write Todd Stein & Steven McIntyre of the Texas Hedge Report. We are, of course, talking about 9/11/05 when Japanese Prime Minister Junichiro Koizumi's Liberal Democratic Party was overwhelmingly returned to power in an early election. According to CNS News, the gutsy Koizumi “called an election more than two years ahead of schedule after his plans to privatize Japan's monolithic post office - effectively the world's largest financial institution - ran into obstacles.