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Tag Archives: GovernmentVideo Video
Megan Hughes updates the latest news on the Senate vote fund the government. She speaks on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)
Watching this video and lsitening to this trader can really scare the hell out of people. He claims Goldman Sachs rules the world and traders give a s… on politics and programs to rescue the economy. While he might be right with certain statements, he goes too far with admiring himself and his friends.
This idiot is falling into the category “I am doing God’s work” and “Fabulous Fab is the only one who sees it”. Most important, he completely lost his sense of reality. With his statement, he didn’t do his industry a favor.
His, and the other “financial experts'” comments and actions will only lead to more regulation, as it already happnes, in order to prevent more damage to happen. He is right that certain organizations work against governement programs in order to keep the profits up, but it won’t last forever. This guy and the rest of the “cuckoo nest” will make a lot of money on all of us, but eventually they will shut themselves down.
The language of the nuclear disaster reporting in Japan and around the world softens. While on Wednesday the reporting was full of concern and fear, after the helicopters and water throwers unloaded tons of water on the rods, there is a sound of hope in the reporting from Japan. It seems so easy.
The news agencies around the world are reporting that Japan “upgraded” the misery to a “3 Mile Island” status. That is the point where one becomes skeptical again about the truth of the information provided to the public. Looking over the past days of news and the diverse criteria to grade this mess, it is clear that “3 Mile Island” status was passed at the moment when those rods were sitting blank in a dry pool, due to numerous explosions, basically under the blue sky. That was never the case at the time in Pennsylvania. How can this now be upgraded to that status when it already exceeded that status days ago? Here are a few questions to ask!
It appears that the Japanese government and the “believing” media are trying to save the moment rather than reporting based on facts. Reflecting on the past days and what was reported, somehow the successes of the water sprinkling action seem not to fit in. It looks like we, and most important, the Japanese people, have to wait a few months or years until the entire nuclear mess shows its ugly face.
Japan’s government is hiding valuable information regarding the busting nuclear power plant Fukushima-Daiichi. Who, at this point, has any doubt that something really terrible is developing at this plant? Over the past days, reporting about the status of the plant appeared at times ridiculous and dangerous and made no sense. While reading the international press, it became obvious that the news organizations around the world create their own conclusions, different from statements made by the Japanese government and Tepco, the owner of the plant. For the European press, the plant is experiencing a meltdown since Sunday, at the latest. In the US, so-called experts are more careful with their statements. Frustration about the crisis management of the Japanese is rising day by day, but the word meltdown is still not spit out. While the Japanese government and the owner of the plant, Tepco, try to avoid to inform the world of what is really going on, everybody is able to put the pieces together and can create a picture of the tragedy going on.
First of all, putting up a nuclear power plant today is not a major challenge for an industrialized nation anymore. However, the problem of deactivation, where to put the trash and safety is unsolved. In other words, nobody has a safe option other than digging in the fuel rods. This, most safe option, is currently out of the picture at Fukushima. All that’s left is, keep them cool, in water, and contain them. The containers have leaks. On Sunday the Japanese government stated, they are trying to fill the containers with sea water, however, the water level is not rising. In my play book, if I try to fill a bucket with water and the water level is not rising, the bucket has a hole. It is obvious that the company is not able to pump water into the containers. It was tried to cool the plant and rods with water poured from the air with helicopters. This effort is nothing else than a desperate move to do something. Even this couldn’t be maintained, because it is too dangerous for the pilots. It is also important to know that using sea water is a kill for the entire plant, it cannot be used anymore. This underlines the desperation of the entire rescue operation. Fact is also, no water, or not enough water, means meltdown!
There are other indications that the situation is worse than admitted. Besides multiple fires and explosions, the USS Ronald Reagan, after participating in rescue and supply efforts, relocated after only 24 hours, on Sunday. That is about how long it takes to figure out how bad the situation really is. Also, many foreign countries and corporations are pulling out their people since Sunday and if not, ask them to go further south, out of the danger zone. Furthermore, leaving the power plant and six(!) about to bust reactors doesn’t display a lot of confidence as well. That the workers are back now, can be considered a “Kamikaze” operation and who knows what’s behind that “comeback”.
The Japanese government is very lucky to have such peaceful citizens. Anywhere else in the world there would be riots going on. It is time to inform these citizens, and everyone else, about what is really going on and how bad it is. Then the problem can be approached much better and with international help it might be possible to limit the damage to people and environment. Fuzzing around with this problem can cause incredible damage. While there is not a lot of comparison possible, because of lack of “busted” plants and reactors, the question at this point is, can the damage be limited to “Chernobyl damage” or is it going to be worse. It certainly has exceeded the damage of “Three Mile Island” already.