September 24, 2007 (LPAC)--The Wall Street Journal continued their freak out about the election of Yasuo Fukada as Liberal Democratic Party (LDP) party chairman, and soon to be Prime Minister. Fukuda represents the old guard of the LDP, and it is deeply feared at the Journal (recently purchased by the notorious spokesman for Anglo-Dutch imperial policy, Rupert Murdoch) that with Fukuda as Prime Minister, the reforms promoted by the neo-con's favorite, former Prime Minister Junichiro Koizumi, which heavily pushed deregulation and globalization, are in deep trouble. Fukada is known to favor traditional LDP policies of government support for domestic industrial growth and infrastructure development.

The Wall Street Journal "Review and Outlook" editorial on Sep. 24, titled "Tokyo Throwback," painting a grim future for Koizumi's reformers, concluding: "If Mr. Koizumi's fellow reformers, many of whom are still in government, want to revive their agenda, perhaps it's time to ditch the LDP and start a new political party."