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Tag: Meltdown


Sterneck (CC BY-NC-SA 2.0)

Fukushima Leaks 4 Tons of Radioactive Water Into Ground—Again

At some point the persistence of leaks at the Fukushima nuclear plant stops being news, and reports that there is not a leak becomes a story. The problem this time: typhoon rains, and chances are good more heavy weather will hit the region before the busy storm season ends.

Posted on Oct 2, 2013 READ MORE


From Kilotons to Millisieverts: Japan’s Nuclear Legacy

In recent weeks, radiation levels have spiked at the Fukushima nuclear power reactors in Japan, with recorded levels of 10,000 millisieverts per hour at one spot. This is the number reported by the reactor’s discredited owner, Tokyo Electric Power Co., although that number is simply as high as the Geiger counters go.

Posted on Aug 9, 2011 READ MORE



Bjoern Schwarz (CC-BY)

Germany Puts an Expiration Date on Nuclear Power

Just two and a half months after Japan’s nuclear disaster kicked off a global rethink, Germany’s governing coalition has committed to closing down all of the country’s nuclear power plants by 2022. Chancellor Angela Merkel says Germany will replace nuclear, which ... (more)

Posted on May 29, 2011 READ MORE



Illustration by PZS based on a graphic by Cary Bass

Power Company Predicts 9 More Months of Fukushima Drama

After five weeks of struggling to avoid a total meltdown at the quake- and tsunami-battered Fukushima nuclear plant, Tokyo Electric Power Co. has announced that it could be nine months before it is able to cool damaged reactors completely.

Posted on Apr 17, 2011 READ MORE


Nuclear Transformation

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Posted on Apr 13, 2011 READ MORE



Illustration by PZS based on a graphic by Cary Bass

The Latest From Fukushima

Here are the latest headlines from Japan’s struggle to prevent nuclear meltdown at the Fukushima Daiichi plant as of early Friday morning (Japan time).

Posted on Mar 17, 2011 READ MORE


No Such Thing as Risk-Free Nuclear Power

Nuclear power was beginning to look like a panacea—a way to lessen our dependence on oil, make our energy supply more self-sufficient and significantly mitigate global warming, all at the same time. Now it looks more like a bargain with the devil.

Posted on Mar 15, 2011 READ MORE


Meltdowns

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Posted on Mar 14, 2011 READ MORE



Flickr / Tim Suess

The Hot New Tourist Destination: Chernobyl

The Ukrainian government is planning to invite tourists inside the 30-mile exclusion zone to get up close and personal with nuclear disaster. The ministry of emergency situations says visitors should be safe—provided they don’t wander. ... (more)

Posted on Dec 14, 2010 READ MORE


Bad Guys of the Foreclosure Crisis

The crisis over faulty or fraudulent paperwork in mortgage foreclosures—which is either a big deal or a humongous deal, depending on which experts you believe—is the fault of arrogant, greedy lenders who played fast and loose with the basic property rights of homeowners.

Posted on Oct 22, 2010 READ MORE



Photo illustration

New England Republicans Assure Financial Reform Passage

Scott Brown of Massachusetts has decided to support the anemic financial reform bill because, as The Washington Post reports, “he got nearly everything he wanted.” The bill is now expected to pass with the support of at least two other Republicans, including Maine’s Olympia Snowe.

Posted on Jul 13, 2010 READ MORE



Flickr / david.nikonvscanon (CC-BY)

The Crime of Our Time

Danny Schechter’s new movie, “Plunder: The Crime of Our Time,” tells the story of the economic collapse as “a crime narrative as opposed to a mistakes narrative.”

Posted on May 5, 2010 READ MORE



Flickr / david.nikonvscanon (CC-BY)

The Crime of Our Time

Danny Schechter’s new movie, “Plunder: The Crime of Our Time,” tells the story of the economic collapse as “a crime narrative as opposed to a mistakes narrative.”

Posted on May 5, 2010 READ MORE


‘Rescuing’ Iceland

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Posted on Feb 26, 2010 READ MORE



AP / Petros Giannakouris

It’s Greek to Goldman Sachs

“What is this Goldman Sachs and why has it caused us so much grief?” is a question they must be asking in even the most remote of Greek villages, as they are throughout much of this economically troubled world.

Posted on Feb 17, 2010 READ MORE


Early Review of the Angelides Commission: All Puff, No Punch

Martin Berg from Where’s Our Money writes: “The bankers, beleaguered as they may like to appear, have little to fear if the questioning continues as it began. So far, this is no Pecora Commission, the Depression-era investigation into the cause of the financial crash that led to landmark reforms. ...”

Posted on Jan 13, 2010 READ MORE


Move Your Money

The filmmaker who gave us “Why We Fight” has crafted this powerful call to action out of scenes from “It’s a Wonderful Life” and documentary footage.

Posted on Dec 30, 2009 READ MORE


Ronald Reagan
Reagan Library

Reagan Didn’t Do It

It would be nice to blame Ronald Reagan for the economic meltdown, as Paul Krugman did recently, but the facts don’t support it. Unfortunately, the real villains are closer at hand.

Posted on Jun 3, 2009 READ MORE


Veteran Regulator Calls Geithner a Failure

William K. Black made a name for himself busting bad bankers and the lawmakers who loved them during the savings and loan scandal. His book, “The Best Way to Rob a Bank Is to Own One,” says it all. Here he tells Bill Moyers that the treasury secretary is a failed regulator engaged in the cover-up of a massive fraud.

Posted on Apr 6, 2009 READ MORE


Close These Refuges for Scoundrels

The story of former AIG executive Joseph Cassano points up once more how tax and regulatory havens across the world encourage nefarious conduct, lack of transparency, evasion of taxes and corporate criminality.

Posted on Apr 2, 2009 READ MORE



What You Dig

Here are the five most-read stories of the last seven days, including Chris Hedges on America’s moral meltdown and Robert Scheer on the economic incompetents who find easy employment in the Obama administration. Full list after the jump.

Posted on Mar 27, 2009 READ MORE



Flickr / billjacobus1

It Pays to Be White

Black and Latino communities have long suffered significantly higher unemployment rates than those of whites, but the economic collapse is taking labor inequity to new and alarming places. Jobs data shows that blacks and Latinos aren’t just more unemployed overall, but they’re losing jobs faster than their white colleagues.

Posted on Mar 23, 2009 READ MORE



Flickr / stan

Citigroup Wants a Bigger Bailout

Uncle Sam already gave Citigroup $45 billion and promised to limit the bank’s losses on $300 billion in troubled loans, but executives at the ailing bank are now reportedly asking the federal government to sweeten the deal. One scheme has Washington exchanging preferred stock for common stock.

Posted on Feb 22, 2009 READ MORE


The Cure for Shopping Withdrawal

For everyone forced by the global economic meltdown to pinch pennies, the Onion has this friendly reminder that consumption isn’t all it’s cracked up to be. Warning: This clip has an abundance of salty language.

Posted on Feb 22, 2009 READ MORE


The District of Pandemonium

Our nation’s capital will survive the financial meltdown, the deepening recession and the plethora of foreign crises from Afghanistan to Zimbabwe. Whether Washington will survive Tuesday’s inauguration, however, is an open question.

Posted on Jan 15, 2009 READ MORE



Flickr / FaceMePLS

The Jobless Hold Their Breath

President-elect Obama is still working out the nuts and bolts of his recovery (fingers crossed) package, but Obama advisers have disclosed that at least one proposal would expand benefits and compensation to the unemployed. With the economic meltdown vaporizing more and more jobs, here’s hoping Congress gets it done before February.

Posted on Jan 4, 2009 READ MORE


Thomson, Paulson and Rubin
AP photo / J. Scott Applewhite

Change We Can Bank On

This is not change we can believe in. Not if Robert Rubin or his protégé, Lawrence Summers, get to call the shots on the economy in President-elect Barack Obama’s incoming administration.

Posted on Nov 18, 2008 READ MORE


Bush

‘Daily Show’: Bush Valiantly Defends Free Market

Good thing President Bush was there to remind attendees at last weekend’s G-20 summit that capitalism isn’t all bad; after all, it gave us Hot Wheels and iPods!

Posted on Nov 18, 2008 READ MORE


Financial Boom

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Posted on Nov 16, 2008 READ MORE    


Unemployment
wfxl.com

Jobless Rate Hits 14-Year High

As if to prevent surplus national exuberance over the electoral defeat of John McCain on Tuesday, the Labor Department announced that the country’s unemployment rate has hit a 14-year high of 6.5 percent, with 240,000 jobs lost in October as joblessness continues to increase in the face of economic turmoil.

Posted on Nov 7, 2008 READ MORE



Flickr / World Economic Forum

Obama’s Treasury Secretary? Let’s Hope Not

Barack Obama is rumored to favor Lawrence Summers as his treasury secretary. That’s a terrible choice, says Robert Scheer, if the president-elect is at all concerned about the financial meltdown.

Posted on Nov 6, 2008 READ MORE



wamu.com

Say Goodbye to WaMu

JPMorgan Chase added to its failed financial behemoth collection by gobbling up the deposits of Washington Mutual, which set a record for the biggest U.S. bank failure Thursday. According to the FDIC and Chase, bank customers have nothing to worry about.

Posted on Sep 26, 2008 READ MORE



commons.wikimedia.org / Ramy Majouji

Robert Scheer on the Economic Meltdown

Truthdig’s editor in chief warns against thinking about the economic crisis as an “act of God,” saying “this is man-made” and that the individuals responsible are well known and entirely too influential in the current election.

Posted on Sep 18, 2008 READ MORE



Flickr / tshein

Candidates Debate Economy as Banks Fail

While John McCain took heat for reasserting that “the fundamentals of the economy are strong,” two of the five biggest American investment banks folded on Monday. Bank of America bought out troubled Merrill Lynch while Lehman Brothers declared bankruptcy. Update: Another big one stumbles

Posted on Sep 15, 2008 READ MORE


‘God Damn the Democrats!’

Harriet Christian’s total meltdown at the Democratic Party’s Rules and Bylaws Committee meeting was outrageous enough to make it to the top of YouTube’s political charts. Her tirade illustrates some of the challenges facing the Democratic Party and the Barack Obama campaign as it woos Hillary Clinton’s more colorful supporters. This one, though, is probably a lost cause.

Posted on Jun 1, 2008 READ MORE


O'Reilly remix

Bill O’Reilly Off the Hook: The Dance Remix

Although several clips showing Fox’s top bloviator, Bill O’Reilly, coming unhinged on his former job at “Inside Edition” have been pulled after ricocheting their way around the Web, this amazing remix of O’Reilly’s now-infamous meltdown proves that video magic like this just can’t be stopped ... but it can be set to a slammin’ beat. Long live the Internet.

Posted on May 16, 2008 READ MORE


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