Privatization defeat leads to snap Japan election

[Via Shotgun]

Japanese PM loses vote on privatizing post office and calls an election to defeat the "reactionaries." What a concept!

In a measure of the intensity of the feelings, Yoji Nagaoka, a member of an anti-Koizumi LDP faction, hanged himself last week after voting in favour of the postal legislation. Heizo Takenaka, the minister behind the reforms said: “The rejection is a major blow to Japan’s future and its economy.”