Historic changes in the wind for Japan/America economic relations

Since shortly after WWII Japan has been a single party nation, totally dominated by Liberal Democratic Party (LDP). If the polls are right, this tradition will change this week in a very big way.

Just days before the election, polls continue to support the widely held belief that the Liberal Democratic Party (LDP) of Japanese Prime Minister Taro Aso will experience a crushing defeat in Sunday's vote for the lower house of the country's parliament.
One major late-week poll indicated at least twice as many voters would cast ballots for the Democratic Party of Japan, led by the country's likely next prime minister, Yukio Hatoyama.

The 2/3rd percentage is extremely important. If the DPJ captures 320 seats they can enact any legislation even if the Upper House, which is still divided, rejects it. Some projections say they will reach that goal.

Why Japanese Automakers Support a Detroit Rescue Plan.

From what you read in the news, and hear from Southern GOP Senators, you'd think that this was a banner year for Japanese automakers operating in the US. Or at the very least that Toyota, Hyundai, and the other automaker "transplants," that is foreign auto firms producing in the US, are currently experiencing a bit of schadenfreude watching their long time nemesis GM on the ropes. But. It just isn't so. And here's why.

Foreign automakers producing in the US are perfectly aware that the destruction of the Detroit Three would only hasten a sharp decline in their own ability to operate, and profit, in the North American market. In order to understand precisely why it is that Sen. Shelby and his comrades have gone all quixotic seeking to kill off GM in the name of Japanese efficiency while their beaus running transplant factories in the South shake their heads, it helps to look at the work of Chalmers Johnson.