I was a bit suprised when I read the morning paper and found that Koji Omi was replaced by Hiroyuki Hosoda as minister for Okinawa, Northern Territories and science and technology policy. I had been working closely with Mr. Omi on high tech ventures. I hope Hosoda-san turns out to be good. I don't know him personally. The head of science and technology policy is quite important in my view.
Mr. Katayama, the minister of Public Management, Home Affairs, Posts and Telecommunications who I had been battling with on the National ID issue suprised me and retained his position. They say it is because Koizumi-san is counting on him to push forward the postal reforms. Actually, Koizumi-san said he was in favor of the National ID so they probably agree on that. I wonder who is giving him that bad advice. Well, now I'm stuck working with the Ministry of Public Management, Home Affairs, Posts and Telecommunications on trying to get them to think more about privacy so I will have to figure out how to communicate with Mr. Katayama I guess.
MainichiFinance czar gets shove in Cabinet reshuffle
Heizo Takenaka, who was reappointed as minister for economic and fiscal policy, emerged victorious in his bitter power struggle with Yanagisawa after he was ordered to double as financial services minister to replace Yanagisawa.
I think Takenaka-san is a good guy and quite smart. I get along with him quite well. Having said that, I think that people have criticized him for being a bit academic and macroeconomic oriented. He is being put into position to dump government money into banks which I think is generally a bad idea. On the other hand, I'm not a macroeconomist so what do I know...