Sunday, September 28, 2008

The Resignation of Minister of LITT 

I was totally disappointed with the resignation of Minister of Land, Infrastructure, Transport ans Tourism. Given the fact that many developers have been insolvent or filed a chapter 11-type of application, I believe there should have been many things for him to do immediately, before he made a personal comment on Naita International Airport, unified and single people and Japan's teachers' union. What he had to do is to help bank loans be available to developers and real estate asset managers. It is because the current credit turmoil has had a very serious influence upon the real estate industry. I need to say that Prime Minister Aso should have looked at abilities and qualifications in appointing ministers.

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