Extractions: Web posted at: 3:43 a.m. EDT (0743 GMT) TOKYO (AP) In his first major policy speech before Parliament, Prime Minister Keizo Obuchi pledged today to barrel ahead with tax cuts and new spending to revive Japan's sputtering economy. Obuchi, who was elected prime minister last week, also said he would push a plan to clean up the banks' bad debt mess, cut the bureaucracy and put together a special economic strategy council. After a volatile week in world markets, Asian traders and investors had been looking to Obuchi's speech for indications the government would follow through on pledges to revitalize the economy. There was no immediate reaction from Asian markets today. "I have a strong sense that without courage today, there is no tomorrow mark my words," he told the first Parliament session under his rule.
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Extractions: Yes No VIEW RESULTS RELATED The Fabian Society LONDON, England An influential British left-wing think tank has called for major reform and modernization of the country's royal family. The Fabian Society's report recommends an end to the ban on non-Anglicans or anyone who marries a Catholic mounting the throne, and an end to the preference in succession given to younger brothers over elder sisters. It also suggests the historic link between church and state, established by King Henry VIII in 1532, should be severed and that provisions should be made in the future for the sovereign to be able to resign. The 50,000-word report was compiled by a commission of the Fabian Society, which is affiliated to the ruling Labour Party but is editorially independent from it. It said it proposed "the first comprehensive reform of the monarchy in 300 years" and warned that the royal family could face a crisis in the future if it failed to modernize now.
The Tax-Reform Racket - Mises Institute The Ludwig von Mises Institute is the research and educational center of classical liberalism and the Austrian School of economics. http://www.mises.org/fullstory.aspx?Id=1727
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Americans For Fair Tax Organization dedicated to fully replacing the US federal income tax system with a national sales tax. http://www.fairtax.org/
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