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Keyword: meltdown

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  • Another financial meltdown on the horizon?

    07/02/2014 7:29:42 AM PDT · by SeekAndFind · 9 replies
    The Hill ^ | 07/01/2014 | Judy Shelton
    And you thought that last global financial crisis was bad. A report issued on Sunday by the Bank for International Settlements (BIS) warns that policymakers have failed to address the root problems that caused the 2007-2008 financial meltdown. Instead of taking a long-term perspective aimed at increasing real economic productivity and output the kind that actually benefits people by raising living standards government officials have sought to pump up the numbers through monetary and fiscal stimulus. As a result, we now have an alarming disconnect between the performance of global equity markets, which are booming, and an underlying...
  • Flashback: George W. Bush Predicted Iraqi Meltdown If US Troops Were Withdrawn from Region

    06/16/2014 3:07:25 PM PDT · by Nachum · 59 replies
    The Gateway Pundit ^ | 6/16/14 | Jim Hoft
    President George W. Bush predicted the current meltdown in Iraq back in 2007. Bush vetoed a Democratic bill to withdraw troops from Iraq. Via Truth Revolt: I know some in Washington would like us to start leaving Iraq now. To begin withdrawing before our commanders tell us we are ready would be dangerous for Iraq, for the region and for the United States. It would mean surrendering the future of Iraq to al Qaeda. It would mean that wed be risking mass killings on a horrific scale. It would mean wed allow the terrorists to establish a safe haven...
  • Dianne Feinstein: White House sorry for oversight in Bergdahl deal

    06/03/2014 2:52:05 PM PDT · by mojito · 56 replies
    Washington Times ^ | 6/3/2014 | S.A. Miller
    Senate Intelligence Committee Chairwoman Dianne Feinstein said Tuesday that the White House told her that it was on oversight that Congress didnt receive the required notification about the prisoner exchange deal that secured the release of U.S. Army Sgt. Bowe Bergdahl. Mrs. Feinstein, California Democrat, said the excuse came from Tony Blinken, President Obamas deputy national security adviser. Tony Blinken called last night and said that it was an oversight or something to that effect. So I accept that, she told reporters at the Capitol.
  • George Clooney had a drunken hissy fit at Las Vegas casino, Steve Wynn says, after claims ...

    04/25/2014 5:56:37 PM PDT · by canuck_conservative · 44 replies
    National Post [Canada] / The Telegraph ^ | April 24, 2014 | Nick Allen
    ... In a statement Clooney said: There were nine people at that table so you can ask them. Steve likes to go on rants He called the president an ae. That is a fact. I said the president was my longtime friend and then he said, Your friend is an ae. At that point I told Steve that HE was an ae and I wasnt going to sit at his table while he was being such a jackass. And I walked out. There were obviously quite a few more adjectives and adverbs used by both of us. It had nothing...
  • Rome on the Brink as Detroit-Style Bankruptcy Meltdown Looms

    02/27/2014 10:58:06 AM PST · by Kartographer · 16 replies
    International Business Times ^ | 2/27/14 | Ian Silvera
    Italy's historic capital is on the brink of bankruptcy as its mayor plans to plead for a bailout from the national government. Mayor Ignazio Marino told the Wall Street Journal that he is in daily discussions with Italy's national government. But he stressed the parties "just needed to identify the right amount of money the government should give to Rome".
  • Wendy Daviss Media Meltdown

    02/04/2014 9:05:10 AM PST · by SeekAndFind · 39 replies
    National Review ^ | 02/04/2014 | John Fund
    Its been a rocky rollout for the Wendy Davis campaign in Texas. She announced for governor four months ago on the strength of the massive public attention paid to her 13-hour filibuster of a bill limiting abortions after the 20th week of pregnancy. But since then her media operation has been so rocky, seasoned Texas journalists are mocking it. David Mann, editor of the liberal Texas Observer, wrote a blunt article calling her campaign a media fail: The Wendy Davis operation is about the worst at media relations that Ive ever seen. Her teams mismanagement of the press is damaging...
  • Sabotage may have started Three Mile Island accident

    01/19/2014 10:12:01 AM PST · by Pontiac · 34 replies
    ATOMIC INSIGHTS ^ | 1/18/2014 | Rod Adams
    Updated (Jan 19, 2014 at 01:45 am) The pattern is not completely clear, and there are pieces missing from the puzzle, but I have found enough bits of evidence to convince me that it is more likely than not that someone purposely initiated the Three Mile Island (TMI) accident. This is a difficult story to tell; its not easy to revise history. Its even harder to it successfully when there is sure to be disbelief, dismissal, and efforts to discredit. I prefer being respected and strive to avoid the potential of being marginalized as a crackpot. However, I feel a...
  • Obamacare meltdown on schedule: Only a quarter of Obamacare enrollees are 18-34

    01/14/2014 7:00:04 AM PST · by SeekAndFind · 20 replies
    American Thinker ^ | 01/14/2014 | Rick Moran
    According to figures released by HHS, only one quarter of the 2 million Obamacare enrollees who signed up through December are young adults - 18-34. On the other side of the coin, fully one half are 45-64. The White House says that 25% enrollment of young invincible is enough to prevent the dreaded "death spiral" for the program, where older, sicker enrollees far outnumber the younger healthy ones, thus leading to skyrocketing insurace premiums. But there are no figures available that show how many enrollees have actually paid their first month's premium, nor is there any breakdown of how...
  • Scientists to create controlled nuclear meltdown in Ibaraki facility

    01/12/2014 5:30:30 AM PST · by TigerLikesRooster · 14 replies
    Japan Today ^ | Jan. 12, 2014
    Scientists to create controlled nuclear meltdown in Ibaraki facility National Jan. 12, 2014 - 03:20PM JST TOKYO A team of nuclear scientists in Japan plan to create a controlled reactor meltdown in a bid to learn how to deal with future disasters like that at Fukushima. The Japan Atomic Energy Agency said it was working on a project using a scaled-down version of a reactor which they would deliberately cause to malfunction at a research facility in Ibaraki, north of Tokyo. We want to study exactly how meltdowns happen and apply what we will learn to help improve ways...
  • Fukushima danger 'under control' Not!

    Much has been said about the Fukushima nuclear power-plant disaster, much of it true, some untrue. The problem with the news coming out of the troubled complex is that the operating company TEPCO, the Japanese government and international agencies are not being completely forthcoming. Some call it political spin, but others just say the world is being told lies. The epitome of the falsehoods being told about Fukushima comes from no less than the Japanese prime minister himself. At the final International Olympic Committee meeting in Buenos Aires, the one deciding who would host the 2020 Summer Olympics, Shinzo Abe...
  • Obamacare Zombies: Now They Are The Ones Being Chased

    11/13/2013 7:42:33 PM PST · by DogByte6RER · 8 replies
    The Washington Times ^ | Wednesday, November 13, 2013 | Ernest Istook
    Obamacare Zombies: Now they are the ones being chased WASHINGTON, November 13, 2013 President Barack Obamas legions of Obamacare Zombies are in confusion with the meltdown of Obamacare. It is one crisis that Obama cannot cover-up. For once, the media could not help him by ignoring events, because insurance cancellation letters bypassed media and took bad news directly to the public. Unfortunately, exposing years of deceit required a personal crisis for millions, which for some is a life-and-death crisis. It is inexcusable that it took such disaster to shock these political zombies from their trances. Now its too late...
  • Coming Pension Meltdown: The 10 Most Troubled City Systems

    11/11/2013 4:17:31 PM PST · by Olog-hai · 43 replies
    Newsmax ^ | Monday, 11 Nov 2013 04:21 PM | Jennifer G. Hickey
    Voters in Cincinnati last week soundly defeated a ballot initiative which would have overhauled the pension system for public workers, leaving the city without a plan to deal with $872 million in unfunded liabilities. Cincinnati is not alone. Across the nation, cities and states are finding funding for basic services being crowded out of their budgets by the rising cost of retirees pensions and healthcare. More and more cities, counties, and even some states will face the harsh reality of having to fix their pension systems or deal with a Detroit-style bankruptcy.
  • Will Obamacare cover circular-firing-squad injuries? (Dummies having meltdown!)

    11/01/2013 6:34:05 PM PDT · by Viennacon · 34 replies
    Dummie Funnies ^ | October 31st 2013 | Charles Henrickson
    The impact of Obamacare is starting to hit the DUmmies. And not all of them are pleased. Employers are canceling health insurance for their workers. People are having to pay higher premiums. People are having to meet higher deductibles. And this is not going over well with all the denizens of the DUmp. My gosh, who could have predicted that these things would be happening???? Who could have predicted all this? Why, WE did, you stupid DUmmies! We TOLD you this would happen, way back when. But did you listen? NO-OOOO!!! You went and voted for the Moron-in-Chief and his...
  • Community Organizer Runs Amok - The shutdown reveals our president at his most unbalanced

    10/09/2013 4:22:16 AM PDT · by Cincinatus' Wife · 29 replies
    American Spectator ^ | October 9, 2013 | Janice Shaw Crouse
    From its earliest days, the Obama Administration has operated from a community organizer worldview, characterized by an us against them perspective. The President has repeatedly and in a variety of circumstances said, Elections have consequences, and I won as an excuse for yet another executive order, non-Constitutional decision, or in-your-face arrogant action. The President goes through the motions of listening to others: he claims to be bipartisan; he hosts White House confabs and talks about the need for compromise, but he always ends up saying, I won, and ends any pretense of discussion or negotiation. He explains that, as President,...
  • Senate Democrats block reopening of NIH, national parks (Reid disparages Cruz on Senate floor)

    10/03/2013 11:19:09 AM PDT · by Cincinatus' Wife · 52 replies
    Washington Times ^ | October 3, 2013 | By Stephen Dinan
    Senate Majority Leader Harry Reid on Thursday blocked a House bill providing funding to reopen national parks amid the government shutdown, saying he would not allow the GOP to pick and choose from among favored programs and insisting the only way out is to pass all spending at the same time. Republicans tried to get an agreement in the Senate to restore the parks money along with funding for the National Institutes of Health, the military reserves and National Guard, and veterans affairs, but Democrats objected to each of those agreements in turn. [snip] The debate on the Senate floor...
  • HUMOR: Meltdown in Washington: President Obama Reported Sedated Following Emotional Breakdown

    09/22/2013 8:32:58 PM PDT · by MoochPooch · 52 replies
    National Report ^ | Sept. 19, 2013 | Nigel J. Covington III
    Late this afternoon White House insiders leaked information stating the president has suffered a mental breakdown and is presently resting and under a doctors care. This afternoon the National Report received three calls on our nationwide hot tip line (206) 222-1975. Two of the three callers are insiders known to the National Report to be reliable confidential informants. The caller unknown to this publication is a low level employee who could only state that there was some kind of a medical emergency involving President Obama. The other two callers known to us are both support personnel within the Obama administration....
  • Russian diplomat warns that North Korea faces 'man-made disaster'..restarted ageing nuclear reactor

    09/14/2013 1:30:38 AM PDT · by TigerLikesRooster · 20 replies
    Daily Mail ^ | 12 September 2013 | Sophie Jane Evans
    Russian diplomat warns that North Korea faces 'man-made disaster' after satellite images show it has restarted ageing nuclear reactor The Yongbyon nuclear facility in North Korea was closed in 2007 under the terms of a disarmament agreement Its five megawatt reactor can produce plutonium for weapons and bombs New satellite images have captured steam rising from the complex This suggests the nuclear reactor has been restarted, according to a U.S. research institute By Sophie Jane Evans PUBLISHED: 10:26 GMT, 12 September 2013 | UPDATED: 00:54 GMT, 13 September 2013 ....................................... But a senior Russian diplomat has claimed that the outdated...
  • Meltdown of the day: Melissa Harris-Perry laments loss of citizenship after SCOTUS VRA decision

    06/25/2013 10:17:15 AM PDT · by Nachum · 17 replies
    Twitchy ^ | 6/25/13 | staff
    Melissa Harris-Perry ✔ @MHarrisPerry Damn, that citizenship thing was so great for awhile.
  • The ObamaCare Meltdown Begins

    05/30/2013 9:55:25 PM PDT · by Sheapdog · 22 replies
    Canada Free Press ^ | Thursday, May 30, 2013 | Arnold Ahlert
    While Americans remain focused on the IRSs targeting of conservative groups applying for tax exempt status, two recently filed lawsuits reveal a far deeper level of alleged corruption at the agency. On May 2, a group of small businesses challenged the IRSs attempt to illegally implement health insurance subsidies contained in the Affordable Healthcare Act, aka ObamaCare. On May 14, it was revealed that a class action suit has been filed by a California-based HMO, accusing the IRS of stealing 60 million medical records belonging to 10 million Americans. The small business groups suit, filed in the U.S. District Court...
  • The Next Bank Meltdown Won't Be An "Accident"

    04/22/2013 1:52:07 PM PDT · by blam · 10 replies
    Money Morning ^ | 4-22-2013 | Shah Gilani
    The Next Bank Meltdown Won't Be An "Accident" By Shah Gilani, Capital Wave Strategist, Money Morning April 22, 2013Big banks turned in a pretty stellar first quarter. All but one beat profits expectations. But as I told you last week, I'm now out of these stocks completely. Do you want the truth about what shape banks are in right now? Sure you can handle it? I'm sorry; I can't tell you the truth. Regulators can't tell you the truth. And the Federal Reserve won't tell you the truth. No one can tell you the truth. That's because banks don't tell...
  • Meet the Fukushima 50? No, you cant

    02/09/2013 5:32:11 AM PST · by SeekAndFind · 4 replies
    The Economist ^ | 10/18/2012
    IT HAS taken the Japanese government more than 18 months since the earthquake and tsunami that hit Fukushima to pay tribute to a group of brave men, once known as the Fukushima 50, who risked their lives to prevent meltdowns at the Fukushima Dai-ichi nuclear power plant from spiralling out of control. But when the prime minister, Yoshihiko Noda, belatedly offered official thanks to them on October 7th something strange was afoot: six of the eight men he addressed had their backs to the television cameras, refused to be photographed and did not introduce themselves by name, not even to...
  • Koppel, Woodward on Obama-Clinton Foreign Policy: World in Meltdown; U.S. in Most Dangerous Period

    01/27/2013 5:22:31 PM PST · by kristinn · 43 replies
    Sunday, January 27, 2013 | Kristinn
    Last week on Meet the Press, it was NBC News' Chief Foreign Correspondent Richard Engel slamming the Obama administration's "diminished",foreign policy influence around the globe.Today on Meet the Press, two veteran Washington newsmen, The Washington Post's Bob Woodward and former ABC, now NBC News correspondent Ted Koppel, matter of factly described the present foreign policy environment as being in "meltdown" and entering "one of the most dangerous" periods in U.S. history. Their remarks were made without directly blaming President Barack Obama and outgoing Secretary of State Hillary Clinton, but they were made in response to a question pointing out Obama's...
  • Karl Rove Taken Off the Air at Fox News - FNC Moves Away from Rove after his Election Night Tantrum

    12/05/2012 1:54:46 PM PST · by DogByte6RER · 31 replies
    Daily Mail ^ | 4 December 2012 | Meghan Keneally
    Karl Rove taken off the air as Fox News distances themselves from conservative pundit after his Election Night tantrum Karl Rove has officially been benched as Fox News chief Roger Ailes has reportedly suspended the Republican operative from their airwaves. Rove and Dick Morris, a fellow paid political analyst, have been temporarily banned from appearing on Fox News as the network tries to distance themselves from the two men whose election predictions ended up being so far from the result. New York Magazine's Gabriel Sherman reports that Ailes decided that it is important for Fox News to take a step...
  • Time to Let the Country Crash?

    11/15/2012 6:49:05 AM PST · by ebshumidors · 85 replies
    American Thinker ^ | 11/14/12 | Ebben Raves
    "Let it crash!" "Give them what they want and they'll see what happens!" "Surely, once the left's programs are implemented and the economy crashes, people will come to their senses." Since the election, many on the right have echoed this meme. They are convinced that widespread poverty and lack of opportunity will bring a resurgence of the America many of them knew growing up. Grandma and Grandpa's America. Perhaps these people forget that Roosevelt was re-elected three times during a depression that he helped prolong -- a depression that featured soup lines and starvation in a population that actually wanted...
  • MELTDOWN COMING: Canada Is Bleeding Private Sector Jobs, And Its Housing Market Is Tanking

    11/04/2012 7:02:42 PM PST · by blam · 10 replies
    TBI ^ | 11-4-2012 | Mike "Mish" Shedlock, Global Economic Trend Analysis
    MELTDOWN COMING: Canada Is Bleeding Private Sector Jobs, And Its Housing Market Is Tanking Mike "Mish" Shedlock, Global Economic Trend AnalysisNov. 4, 2012, 5:19 PMThe Financial Post has an interesting story on the state of the Canadian jobs market. It seem over 100% of job growth is from government jobs. Please consider Employment numbers hide the fact Canada is bleeding private sector jobs Canada may have added 1,800 jobs in October, but that number hides the fact that almost all the gains came from government and that the private sector lost more than 20,000 jobs. The 1,800 jobs added was...
  • How Romney can KO Obama in Monday Debate

    10/20/2012 6:30:37 AM PDT · by arthurus · 72 replies
    Right Side news ^ | 19 October 2012 | JB Williams
    The Obama campaign is on the verge of free-fall. The latest Gallup poll shows Romney up 52%-45% over Obama, gaining another point following Obamas improved debate performance. Immediately following this weeks debate, LIVE pollster Frank Luntz interviewed a group of undecided voters, most of whom voted for Obama in 2008. Almost all of them switched to Romney after watching Obamas more aggressive, but still defenseless performance.Meanwhile, the Internet was raging with threats to assassinate Mitt Romney, all posted by Barack Obama supporters. The Obama campaign was heading into total meltdown. The Secret Service is aware and following the leads on...
  • Biden meltdown burns Obama campaign

    10/12/2012 10:02:49 AM PDT · by KansasGirl · 43 replies
    Washington Times ^ | 10/12/12 | Brett Decker
    The 2012 presidential election is one of the most momentous crossroads in U.S. history. As Wisconsin Rep. Paul Ryan, the GOPs vice-presidential nominee, stated in his Thursday debate against Vice President Joe Biden, the outcome on Election Day will determine what kind of country we are going to give our kids. Under Obama-administration policies, out-of-control government spending has grown to such an extent that federal debt is now larger than the gross domestic product of the United States, the largest economy in the world. U.S. power and prestige in the world are in such dramatic decline that armed Islamists can...
  • Santelli Slams 'Surprise' Unemployment Data In Epic Screamfest

    10/09/2012 10:19:00 AM PDT · by Perdogg · 11 replies
    While careful not to get drawn into the conspiracy-theory wonk camp, CNBC's Rick Santelli just connects the dots on last week's miraculous unemployment rate. In one of the most voluminous rants we can remember, Santelli - from a position of realist (and market whisperer) - argued with Liesman - from a position of 'but, but, the data must be true' - and summed it all perfectly "if I told you that you'd win the lottery tomorrow, and you did; wouldn't you wonder how did I know that?" With Langone also chipping in that he does not see anything in his...
  • MSNBC's Harris-Perry Snaps: "I Am Sick Of The Idea That Being Wealthy Is Risky"

    09/03/2012 5:45:54 AM PDT · by SkyPilot · 54 replies
    Politico and MSNBC ^ | 2 Seo 12 | Melissa Harris-Perry
    VIDEO HERE What is riskier than living poor in America? Seriously! What in the world is riskier than being a poor person in America? I live in a neighborhood where people are shot on my street corner. I live in a neighborhood where people have to figure out how to get their kid into school because maybe it will be a good school and maybe it wont. I am sick of the idea that being wealthy is risky. No. There is a huge safety net that whenever you fail will catch you and catch you and catch you. Being...
  • Market Meltdown Portfolio

    08/18/2012 1:17:33 PM PDT · by Son House · 10 replies
    Youtube ^ | 6/12/2012 | SonOfAbba's channel
    In this video I give you a rundown of a portfolio that I think will hold up in any adverse market collapse. The premise boils down to 3 major equity/asset categories: 1)Energy %25 2)Precious Metals %25 3)Defensive (ie Walmart, JNJ, McD,etc) %50 This is a simple, straight-forward approach to protect your capital and wealth in this tulmultuous time. Part 1: Just a recap, here are the companies I give a green thumb to: Energy: 25% of Portfolio 1) Royal Dutch Shell (RDS.A) 5.5% yield 2) Calumet (CLMT) 10% yield 3) Uranium Participation Corp (URPTF) 0% yield or Cameco Corp (CCJ)...
  • Fukushima unit 2 liquification of uranium core. never seen before in history of nuclear power

    05/15/2012 10:51:30 AM PDT · by yank in the UK · 169 replies
    ENEnews ^ | ENEnews
    Unit 2 we now know completely liquified. Weve never seen this before in the history of nuclear power. A 100% liquification of a uranium core.
  • Asia stocks plunge after Europe elections, US data

    05/06/2012 7:56:36 PM PDT · by Free ThinkerNY · 35 replies
    Associated Press ^ | May 6, 2012
    BANGKOK (AP) - Asian stocks are sliding after elections in Greece and France heightened uncertainty about Europe's ability to solve its debt crisis. Japan's Nikkei 225 index has plunged 2.5 percent Monday to 9,142.47. Hong Kong's Hang Seng tumbled 2.5 percent to 20,564.87. South Korea's Kospi shed 1.7 percent.
  • The Largest Short-Term Threat to Humanity: The Fuel Pools of Fukushima

    04/07/2012 1:00:29 PM PDT · by Errant · 63 replies
    Zero Hedge ^ | April 7, 2012 | na
    We noted days after the Japanese earthquake that the biggest threat was from the spent fuel rods in the fuel pool at Fukushima unit number 4, and not from the reactors themselves...
  • DAVID KOTOK: 'PORTUGAL IS UNRAVELING' (Forget Spain & Italy)

    03/29/2012 2:12:39 PM PDT · by blam · 13 replies
    TBI ^ | 3-29-2012 | Rob Wile
    DAVID KOTOK: 'PORTUGAL IS UNRAVELING' Rob Wile March 29, 2012, 2:41 PM If you want to know what's really going to set off the long-awaited Eurozone meltdown, look to the Lusophones. In his first note to investors back from his trip to Europe, Cumberland Advisors' David Kotok writes he's only grown more pessimistic on the situation, citing runs on Portuguese banks. "In my view, the situation in Portugal is unraveling. This may be the second shoe to drop in the European sovereign debt saga. Now that Greece has paved the way, the speed of unwind with Portugal may be much...
  • New Probe Finds Fatal Radiation Levels at Fukushima Reactor

    03/27/2012 8:36:05 AM PDT · by palmer · 18 replies
    Design Daily ^ | Tuesday, March 27, 2012 | AP
    <p>TOKYO (AP) A new probe at Japan's crippled nuclear power plant has found fatal radiation levels and hardly any cooling water inside one of the reactors, renewing concerns about the plant's stability.</p> <p>The operator of the Fukushima Dai-ichi nuclear plant says an endoscopic examination Tuesday detected radiation levels up to 10 times the fatal dose inside the No. 2 reactor's contain chamber, suggesting challenges ahead in shutting down the facility.</p>
  • Simi Valley Nuclear Disaster (Video)

    03/06/2012 1:28:44 AM PST · by Razzz42 · 24 replies
    History Channel ^ | Aug 25, 2007 | Uploaded by michaelfreudiger
    Simi Valley California was the site of the worst nuclear disaster in U.S. history in 1959, and the amounts of radiation leaked to the environment and atmosphere were more than 240 times that of the accident at 3-Mile Island. The area is beautiful today, but what still remains from many decades ago?
  • (Tax-cheat Timmy) Geithner: Dodd-Frank critics are toying with another financial meltdown

    02/03/2012 2:56:02 AM PST · by Libloather · 6 replies
    The Hill ^ | 2/02/12 | Peter Schroeder
    Geithner: Dodd-Frank critics are toying with another financial meltdownBy Peter Schroeder - 02/02/12 04:55 PM ET Treasury Secretary Timothy Geithner swung back at critics of the Dodd-Frank financial reform law Thursday, arguing that those detractors are pushing for a repeat of the financial crisis. Both in Congress and on the campaign trail, the Obama administration's reforms have come under fire. Lawmakers are pushing several bills that would repeal portions of the law, and every major Republican candidate has vowed to kill it as one of their first acts in office. But Geithner said such a rollback would merely make the...
  • Endoscope fails to reach water at Fukushima reactor

    01/21/2012 2:37:04 PM PST · by Razzz42 · 15 replies
    asahi.com ^ | January 19, 2012 | The Asahi Shimbun
    A remote-controlled endoscope with a thermometer showed the temperature inside the No. 2 reactor of the crippled Fukushima No. 1 nuclear power plant on Jan. 19 was about 45 degrees, Tokyo Electric Power Co. said. But the endoscope lens became covered in water droplets and the reception was sometimes fuzzy, so the operator of the plant could not determine the condition of the melted fuel or if the pipes were damaged. In addition, the endoscope, 8.5 millimeters in diameter, did not reach the surface of the water. TEPCO had predicted the water level would be 4.5 meters based on the...
  • Bloomberg Hides Government Causes of Financial Crisis

    01/05/2012 2:33:19 PM PST · by neverdem · 6 replies
    American Spectator ^ | 1.4.12 | Peter Ferrara
    Media propagandists continue to advance the Democratic Party line. On December 21, Bloomberg News breathlessly reported, "The leading Republican candidates for president have embraced an explanation of the financial crisis that has been rejected by the chairman of the Federal Reserve, many economists and even three of the four Republicans on the government commission that investigated the meltdown." Reporter David J. Lynch further explained, "Both former House Speaker Newt Gingrich and former Massachusetts Governor Mitt Romney lay much of the blame on U.S. government housing policies, saying they led to the real estate crash that almost brought down the banking...
  • Transcript for Ann Barnhardt Interview

    12/10/2011 9:59:38 PM PST · by Neil E. Wright · 26 replies · 1+ views
    Financial Sense ^ | December 10, 2011
    Jim Puplava:Joining me as my special guest on the program today is Ann Barnhardt, formerly of Barnhardt Capital Management. And Ann, you were a commodity broker for eight years and then you formed your own independent brokerage for six years. A couple of weeks ago you made the painful decision to shut your doors because you felt your clients money and positions were no longer safe. What led you to draw those conclusions?Ann Barnhardt:Well, obviously, it was the MF global collapse and more specifically the fall out after the MF Global collapse and the reaction by the CFTC, the SEC...
  • Trading With Other Peoples Money Why MF Global is worse than Europe

    12/09/2011 7:47:20 PM PST · by Razzz42 · 4 replies
    Armstrong Economics ^ | December 7, 2011 | Martin Armstrong
    The shocking collapse of MF Global with the amount of missing client funds now rising to $1.2 billion, is so devastating, we are at the precipice of complete financial disaster. The United States boasts far too much of its greatness and liberty and justice for all but its actions reveal nothing but greed, distain, and contempt of the rights of man that include his right to property. Jon Corzine was a bond trader at Goldman Sachs and has been known as an aggressive trader all along. He intervened at the SEC and changed the direction of MF Global. What is...
  • #Fukushima I Nuke Plant: NISA Admits to 7 Tonnes/Hr Water Leaked from RPV?

    12/09/2011 4:06:04 PM PST · by Razzz42 · 10 replies
    ex-skf.blogspot.com ^ | Friday, December 9, 2011 | Posted by arevamirpal::laprimavera
    A tweet by a Lower House Councilman Hiroshi Kawauchi (DPJ) says the Nuclear and Industrial Safety Agency now admits in its report that the Reactor Pressure Vessel may have been broken by the EARTHQUAKE, not tsunami. No info about which reactor. Independent journalist Ryuichi Kino says whatever this document is, it is not yet uploaded to the NISA's site. I've checked the METI (Ministry of Economy, Trade and Industry) press release page, and there is none so far. Councilman Kawauchi's tweet from December 9, 2011: 原子力安全保安院資料。原子炉内部の地震による微小な損傷は否定できず、と記載。1時間で7トンもの冷却材が失われる損傷を「微小」と表現する感覚は、驚くばかりだが、とにかく原子炉内部の損傷の可能性を認めたことは事実。 Document from the Nuclear and Industrial Safety Agency. It reads "a minute damage inside...
  • [Japan]TEPCO: Melted fuel eroded containment vessel floor at Fukushima reactor [diagram inside]

    11/30/2011 11:29:57 PM PST · by TigerLikesRooster · 12 replies · 1+ views
    TEPCO: Melted fuel eroded containment vessel floor at Fukushima reactor December 01, 2011 Most of the fuel rods that melted in the pressure vessel of the No. 1 reactor of the stricken Fukushima nuclear power plant ate into the containment vessel, according to Tokyo Electric Power Co. It said on Nov. 30 the melted fuel did not breach the containment vessel but partially eroded its concrete floor. As for the No. 2 and No. 3 reactors, most of the melted fuel stayed within the pressure vessel, TEPCO added. Water levels have submerged the fuel rods at all three reactors, which...
  • You get what you give but different

    11/26/2011 3:13:18 PM PST · by Kartographer · 37 replies
    SHTF School ^ | 11/25/11 | Selco
    But one thing is for sure, whenever i hear these days somebody says: I will not do that if SHTF or I ll do only that if SHTF whenever i hear that i feel sick. Wait and see Truth is: You never know how far you are going to go with some things in order to survive, there is no chance to know that before SHTF, everything else is only talking and discussing in front of PC, in nice and warm room, safe, not hungry or thirsty and not under fire or chance of losing life or that loved ones...
  • Survival Sales Jump Amid Worries of Possible Collapse

    11/24/2011 12:36:09 PM PST · by Kartographer · 23 replies
    SHTF Plan.com ^ | 11/24/11 | Mac Slavo
    What may be new to most Americans is nothing out of the ordinary for our readers. As the economic, financial and political situation around us becomes more dire by the day, people are realizing that if it hits the fan there will be no safety net to assist them. The government is already overwhelmed with nearly 50 million people on nutritional assistance and an estimated 100 million Americans living in or right on the edge of poverty. In a true emergency, be it economic in nature or an unforeseen outlier, there will simply be no way local or federal officials...
  • Dow sinks 300 points

    11/21/2011 8:49:35 AM PST · by Deo volente · 41 replies
    CNN ^ | November 21, 2011 | Maureen Farrell
    NEW YORK (CNNMoney) -- A sell-off on Wall Street gained momentum Monday, with the Dow sinking more than 300 points, as investors remained on edge about the lack of progress on solving U.S. and European debt progblems.
  • Japan:Gov't aims for 'cold shutdown' of Fukushima reactors, but bemoans lack of data(fuel out?)

    11/14/2011 3:59:28 AM PST · by TigerLikesRooster · 2 replies
    Gov't aims for 'cold shutdown' of Fukushima reactors, but bemoans lack of data The government and Tokyo Electric Power Co. (TEPCO) are trying to achieve a stable condition called a "cold shutdown" of crippled reactors at the Fukushima No. 1 Nuclear Power Plant by the end of this year, but they have yet to come to grips with exactly what is happening inside the reactors crippled by the March 11 earthquake and ensuing tsunami. In the latest roadmap to contain the Fukushima nuclear power plant, the government and TEPCO, the operator of the Fukushima nuclear power plant, aim for a...
  • Smoking-Gun Document Ties Policy To Housing Crisis

    10/31/2011 7:09:45 AM PDT · by Slyscribe · 38 replies · 1+ views
    Investor's Business Daily ^ | 10/31/2011 | Paul Sperry
    President Obama says the Occupy Wall Street protests show a "broad-based frustration" among Americans with the financial sector, which continues to kick against regulatory reforms three years after the financial crisis. "You're seeing some of the same folks who acted irresponsibly trying to fight efforts to crack down on the abusive practices that got us into this in the first place," he complained earlier this month. But what if government encouraged, even invented, those "abusive practices"?
  • Global systemic crisis - Fourth quarter 2011: Implosive fusion of global financial assets

    09/19/2011 8:21:38 PM PDT · by the invisib1e hand · 13 replies
    As anticipated by LEAP/E2020 since November 2010, and often repeated up to June 2011, the second half of 2011 has started with a sudden and major relapse of the crisis. Nearly USD 10 trillion of the USD 15 trillion in ghost assets announced in GEAB N56 have already gone up in smoke. The rest (and probably much more) will vanish in the fourth quarter of 2011, which will be marked by what our team calls "the implosive fusion of global financial assets". Its the two major global financial centers, Wall Street in New York and the City of London, which...
  • Stark Contrast: Schuble suggests Asmussen before ECB chief economist [translation]

    09/10/2011 10:16:58 AM PDT · by the invisib1e hand
    Train of Thoughts the Blog ^ | 091011 | Train of Thoughts
    Der Spiegel says:It's official: Jrg Asmussen, State Secretary, Federal Ministry of Finance, will succeed Jrgen Stark as chief economist of the European Central Bank. Diesen Vorschlag hat Wolfgang Schuble dem Euro-Gruppen-Chef Jean-Claude Juncker unterbreitet. This proposal was Wolfgang Schuble the euro group chief Jean-Claude Juncker presented...Asmussen was willing to assume the position on the Governing Board and assured them he would do everything possible to ensure the stability of the euro-zone. Asmussen: "willing to assume the position." Definitely looks like the type.