There is some rising discontent with the global economic system. It grows in significance as inflation of most commodities rise. The Saudis deliberately cut oil production this last month in order to pay for the King’s promises to the people for more benefits and money sharing. This increased energy inflation significantly. China has inflation and the hidden inflation in ZIRP Japan is very much there today especially due to the collapse in exports last month. The power plant problems are cumulative and a growing burden there. And US public support for free trade is beginning to flag despite 100% full throttle support by US media owners and our government which works for foreigners, not Americans.
It is amazing watching this video showing the president of TEPCO bowing literally to the floor in abject submission: YouTube – Evacuees aim their anger at stricken power plant president
The suppressed anger of the Japanese displaced people is just beginning to show. Discrimination against them is growing, too. Fearful of invisible, insidious radiation contamination, the people forced to flee Fukushima’s meltdowns are now being harassed, discriminated against and rejected in various communities.
One school boy was seriously injured by other students who wanted to drive him out of their school, for example. Many can’t find replacement housing due to this and are being kept for a long, long time in refugee camps of very poor quality. Just this week, they were issued these 4 foot tall plastic playpen-type privacy (sic) corrals to set up in huge auditoriums.
Far from reassuring the displaced people, this looks suspiciously like a temporary measure that will be allowed to grow more permanent. Unlike the other victims of the tsunami and earthquake, they can’t go home to rebuild and in most cases, don’t have to rebuild anything, their homes were intact. No, they are being displaced forever. This is just beginning to sink in. The farmers are the first to begin to show anger about this for they are helplessly watching their animals die.
YouTube – Abandoned Cattle Lay Dead and Dying Near Fukushima – April 10, 2011 – Sad 😦
US regulations for evacuating nuclear power plant disasters is quite clear, you cannot take even your favorite pets. Of course, in reality, the government might let people take some pets out with them. But farm animals most certainly will be abandoned. We saw this at Chernobyl. The Soviets, at least, sent in the army to shoot the abandoned farm animals. But not Japan. The government didn’t dare do this so instead, they let them die the horrible way, via starvation and lack of water, etc. NHK WORLD English
Fukushima Prefecture authorities say there were about three-hundred livestock farms with three-thousand cows, 30-thousand pigs, and 600-thousand chickens. A veterinarian who inspected barns and chicken coops on Friday last week, before the area was designated off limits, says almost all the chickens had died.
He says about 70 percent of the pigs at barns with automatic feeders were alive. But most pigs in other barns were dead. Most of the beef cattle had been let out to graze, and were still alive. But about 60 percent of the dairy cows in barns had died.
As for Fukushima Daiichi itself, fully closing up the crippled plant may take decades, said Jack DeVine, a U.S. nuclear engineer who helped lead the cleanup of the Three Mile Island plant in Pennsylvania. There, it took about three years for engineers to get a look inside the damaged core of the reactor that suffered a partial meltdown in 1979 — and what they found was “absolutely shocking” at the time, he said…..Cleaning up and shutting down the damaged Unit 2 took 10 years, Devine said — and unlike Fukushima Daiichi, little radiation was released at Three Mile Island. In Japan, workers are dealing with “essentially four Three Mile Islands,” plus levels of radioactivity “which will be an impediment for all the work on-site.”
The Three Mile Island event didn’t feature a series of major explosions that blew up the buildings. The explosion was mostly internal. It did damage the reactor significantly and did deform the innermost container significantly. We can see from the few exterior shots of the innermost container systems of Fukushima that there was a major internal explosion in at least one of these reactors.
The meltdown at TMI was partial whereas I am presuming the ones that blew up at Fukushima are full meltdowns. We don’t know because it took THREE YEARS for the engineers to see what happened at the much less dangerous TMI facility! Not three weeks, three years. When has anyone seen inside of Chernobyl? That was simply entombed. I see no possibility to see inside of Fukushima, ever.
Unless we develop robots that can endure super-high levels of intense radiation, it is unlikely we shall see exactly what went on. Back to TMI, the cleanup took a very, very long time and during that time, people forgot to pay much attention to the point, all was seemingly well except for some underlying anxiety which effectively froze the very ambitious nuclear power programs for several decades.
This wore off over time and with the ‘greens’ who were more worried about global warming rather than nuclear destruction were able to effectively sell the concept of nuclear power as the best solution for CO2 problems. Now, this has been pretty much killed by Fukushima’s agonies. Which are international. Below is a chart of nuclear pollution in Arizona’s milk cows: http://www.azein.gov/azein/2011/Milk%20Data_3.pdf
The EPA and the health organizations have differing nuclear pollution standards. This is due to the idea that some deaths from drinking nuclear milk are OK. Just not too many versus other standards whereby any deaths from drinking milk are not OK. The government prefers to have the lower standards whereby if some children drinking poisoned milk die is OK so long as it isn’t a major epidemic of deaths.
Ask any mother what the standard should be and it would definitely be ‘zero deaths’ not ‘some deaths’. Note from the list above how there has been surges in pollution. This is due to the wind and conditions in Japan. These sudden surges are a problem for the US since mothers can’t tell when they happen until after the milk is sold and the data is released.
We can’t tell honestly how many children died of childhood cancers much less, adults dying of say, breast cancer later thanks to several thousand nuclear bomb tests. The cancer epidemic certainly gives us a good clue. Many people don’t die today so fast thanks to vast advances in cancer cure technologies. But the cures are no fun and take a big toll on one’s health.
Thanks to the tsunami and nuclear power plant problems, Toyota Says No Full Production Until Year’s End. This is a huge slice of Japan’s economy. Making millions of cars and exporting them mainly to the US is what Japan is all about. And now, this is falling apart rapidly. The fiction that Japan builds cars in the US is on the line, too. No Toyota vehicle can roll off the assembly lines here without many key parts (usually, the most sophisticated parts!) from Japan.
Now off we go to visit England to talk about global warming, oil and why warm weather leads to pollution: Smog alert: Britain’s lung weekend -The Independent
Air pollution is likely to rise significantly this weekend because of the warm, still weather and heavy holiday road traffic – leading the Government to issue a “summer smog” warning.
“The market is overbalanced … Our production in February was 9.125 million barrels per day (bpd), in March it was 8.292 million bpd. In April we don’t know yet, probably a little higher than March. The reason I gave you these numbers is to show you that the market is oversupplied,” Naimi told reporters.
Two Saudi-based industry sources told Reuters last week the kingdom had cut output due to poor demand, prompting selling by traders who saw it as a sign of a well-supplied market.
Saudi Basic Industries Corp. (SABIC), the world’s largest petrochemicals maker, rose to the highest since September 2008, while National Industrialization Co. (NIC) climbed to a three-year high. Rabigh Refining and Petrochemicals Co. surged by the maximum allowed in a single trading session….Sabic said this week that first-quarter profit surged 42 percent, while Rabigh’s net income more than doubled.
Analysts love to think that SA won’t raise oil prices deliberately because they are so very entangled in Western business deals, they would want to keep oil cheap. But this is all falling to the wayside as the royals know for certain, if they can’t raise an extra $30+ billion fast, they are doomed. So they are doing this the easiest way possible. Not by clipping their own wild spending but via higher oil prices.
We cannot expect the Saudis to bail us out. They don’t fear a US public uprising, they fear their own people. Here in the US, all is amazingly quiet. Except for the madcap social service cutters on the US right, the public here is quiet about very high oil prices. So far, that is. This could change over time. Right now, people here are hoping this is just another short surge brought about by Goldman Sachs traders, not Saudis cutting oil production.
As I keep pointing out, Chinese workers are not snoozing away like US or Japanese workers: Shanghai Cuts Fees for Truckers Following Strike, Xinhua Says
Shanghai container-truck drivers were reported to have won cuts in port fees after a sometimes violent protest against rising costs highlighted the risk of inflation triggering unrest in the world’s most populous nation.
The local government will lower or remove some fees after drivers stopped work on April 20 because of the levies and increased fuel costs, Xinhua News Agency reported, citing an unidentified spokesman. The city’s ports are operating normally, the report said.
Tennessee is one of three states where where the EB program ended this month. These federal benefits expired less because of job gains than because state lawmakers let them die….Its benefits are not funded with Tennessee state tax dollars, and the federal money hasn’t run out. Even though the EB program expired in Tennessee, with little to no public debate, it didn’t have to. State lawmakers could have passed a law to keep the program….Yet Tennessee’s Republican House Speaker Beth Harwell didn’t see things that way. Reached at home on Friday morning, Harwell told HuffPost in a brief conversation that there was no reason for the state legislature to get involved, because it’s up to Washington to determine whether the EB program expires.
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30 responses to “Free Trade, Oil And Nuclear Meltdowns Collide”
China starting the endgame already?
“China should cap forex reserves at 1.3 trillion U.S. dollars: China banker”
Here is what the 14th Amendment says in Section 4:
“Section 4. The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned. But neither the United States nor any State shall assume or pay any debt or obligation incurred in aid of insurrection or rebellion against the United States, or any claim for the loss or emancipation of any slave; but all such debts, obligations and claims shall be held illegal and void.”
I put forth that a silent coup occurred in 1913 or thereabouts, and by virtue of this coup (an insurrection rebellion if there ever was one), the debt associated with forex reserves is illegal and void!
China can shove it up its butt! This is NOT my debt and nor is it yours. Why should we pay?
Time to get rid of the Federal Reserve once and for all and finish up what Smedley Butler commenced. Don’t mess with Marines would be my advice.
* Go Sabres!
Here is a prediction for you that I have already told many where I work as an Environmental Engineer.
The EPA will literally be GONE in 5 years. They are no longer value added. I am not sexist, but I will tell you the truth. Too many female lawyers in the EPA. Female lawyers are the worst. They think they are riding in to save the planet, but all they are doing is prancing around feeling all high bout themselves when in reality they truly need to get a clue.
Take Hillary for instance. A female lawyer of the worst sort. I suspect she thinks she is a male, and let me tell you, this is no good for anyone.
Too many lawyers, too many bankers, too many who think they know more than they do, when in reality they have no clue.
Get a CLUE all you female lawyers out there. We are sick of you!
Just a humble opinion from me.
Speaking of females who get on my nerves…..Oh forget it, that is another old story.
Lets just remember this. In the old country of “america”, there are more than 50% of all lawyers and there is more than 50% of all expense on milatary expenditures compared to the rest of the whole world combined. What does this tell you?
And to think, the Republicans want to cut the social safety net and there has been absolutely no talk about cutting back on milatary wastefulness. It is like drinking a sip of water from a tsunami…..the tsunami being all the money wasted on milatary foolishness, and the sip of water being the difference that cutting the social safety net will make.
That my friends is the definition of ruthless psycopaths…..
Fuku them is what I think.
Female lawyers are trivial in the big scheme of things, but they are emblamatic.
Hillary and Obama need to both GO DOWN……
The Dems will fall first, the Repubs won’t be far behind. Time for a REVOLUTION!!!!!!!
I’ll be minding my own business keeping to myself and talking on the web on occasion.
What you gonna do?
Just want to say that debts piled on a captive population against its will or without its full knowledge are “null and void” regardless of what any piece of paper says.
I am ashamed that the Irish accept yet another Potato Famine thrust upon them by London bankers without any kind of uprising or protest. It just shames me to see that.
Elaine thinks the Chinese only plan to bankrupt us, but I suspect that they will want to collect on their imaginary loans. It is just the way people think. They come to believe their paper is real and worth something, when it never was.
This is how we became involved in WW I and WW II. Bankers wanted to collect their loans with interest, but their debtors had lost or were on the verge of losing, so they pressured the government to get into the war.
Millions died so moneylenders could “collect”. These are true war crimes, and if I had the power, they would all be executed. I suspect WW III will start over loans that need to be “repaid” — even if there is no way to repay them.
I don’t think China worries about collecting US sebt. Rather, China will use it to buy up as much resource sources from other countries as possible, paying overprice to make other party willing to sell.
After that, that debt is no longer Chinas problem.
Duski – that makes sense and I agree. Why not if you think about it. If you can acquire resources with the supposed debt of others that is just good business sense. Better to use the debt sooner rather than later as well. I’d do the same.
The good news I think is that China doesn’t really seem interested in war because there is simply too much uncertainty. War just results in unexpected outcomes….
I admire China.
I don’t admire the current leadership in the present relatively large country where I currently reside. Come to think of it, I don’t think I know anybody who does….What does this tell you?
I’m glad I have the day off today because I have a toilet that I need to repair and all sorts of other miscellaneous tasks and jobs that I am looking forward to.
Elaine, thank-you for your patience.
“…When asked at what price the Chinese will stop buying silver the London source replied, “The Chinese want out of dollars and they will continue aggressively purchasing both gold and silver in order to diversify. They don’t care whether silver is $50, $60 or $100…”
Of course China wants to avoid war. It would destroy everything. But when big economies break apart, predicting accurately what will happen becomes very hard.
Indeed, that is why I purchased physical silver, just like China apparently is, but the funny thing is that I am not really attached to it.
In fact, I have given away on my own volition numerous Liberty Eagles (US of A) and even better several Libertads (Mejico – the best of all when it comes to silver coins).
You can collect all the metal you want, but if you get too much, then what do you think you become? Easy answer. A TARGET. Ask Spain about this….not that Spain was a target, but in Spain’s ambition to have the most metal, they destroyed their own conscious as a country. They killed for sport in the desire to obtain metal, and that spelled the END of that country.
Hope the same doesn’t happen to China, but it is a distinct possibility.
What matters is good leadership and that my friend has been most lacking of late. Aren’t you ready for a change?
I suppose Duski part of the reason it is so easy for me to give silver coin away is because when I purchased it, it was only $13 or something like that. I purchased them a few years back….If you get something easy, then it is easier to give it away, and there is nothing wrong with this.
SO, if I was China, in order to avoid war, I would start giving some things away. It is good to share and this will be good for China and good for the rest of us, and if this happens, of course, we will remember, and that will be good for China again. If China is interested in doing this, then all they need to do is contact me. I am readily available, and I am here for no other reason than to help. If I die, it will be an easy death, and we all are going to die eventually, so what is the concern. I have none now, because I have little left to lose. And this, is only going to grow, but most will feel angry about this, unlike myself….
On the other hand, if China hoards it over the rest of us, then that will also be remembered. And we should all remember this. There are Chinese, there are Russians, there are Portugese folks (sorry for any mispellings), and there are Persians, and there are Afghans, and there are many, many more. I reckon there are Americans, but some of them are a rather confused lot.
A confused lot full of milatary weaponry is not a good thing. So much better to ameliorate them than to antoganize them with all of your possessions. Don’t you agree? I-Ching style or not? All I know is that a cornered dog is not a dog to mess with. Just like I don’t mess with Marines.
Now, I am hoping that a guest will arrive soon, but I don’t know for sure….uncertainty is part of life. Don’t you agree. Well then, what are the choices? I’ve made mine, and one I’m fixing to make is to stop posting here so much, but there used to be so many more posts here and this makes me wonder – is anybody else out there?
No matter, the toilet is repaired and I have accomplished much today. Can you say the same? I hope so.
Peace again and for the last time.
Elaine says in this article:
“Or they can all grow up and be civilized again. They could admit that having a Federal Government is smart, not stupid. But then, I sometimes ask too much of people.”
I’m afraid here is where I have to disagree with you. If one looks at history (especially of late) it is a fair question to ask: What has the Federal Government accomplished for us? Now I’m not saying the state governments are any better, but centralized government is a failure if you want my opinion.
Small government and small communities have the potential to be so much better and I think it is only a matter of time until this is the only choice. So why not be preemptive in a peaceful way and make this happen sooner rather than later.
The Feds have shown that they are disconnected, and the unfederal no reserves so-called “Federal Reserve” is the worst repository of sickening psycopath elite falseness, and this is not so OBVIOUS!
That comment was not finished, but my fingers must of been moveing to fast, and something happened. I pushed no buttons, but my comment continues below:
First correction: …..and this is SO obvious.
So begs the question. What to do. I propose a Confederacy, but not like the ones of the past. A Confederacy based on a desire for Peace and Harmony. You may think this is goofy, but that is not my opinion. I think it is a distinct possibility and I hope other leaders around the world concur. Especially the fine leaders of China and Russia, both of whom merit respect in contrast to the country I live in that as far as I’m concerned made a big mistake in 1830 for which there is no going back.
You can’t contradict your own Constitution without there being consequences. DUH!
It is not too late and this is my last post for awhile.
Peace again and good bye to all of my friends. I hope we meet during better times in the not to distant future.
Elaine, you must be excited?
Three articles don’t make the truth. Anyhow, they are based on false premises regarding what matters and what don’t. Wait and see. By the way, did I tell you that I lie on occasion? In today’s world if you can’t lie, then you might as well get rolled over.
China might have the upper hand, but where I live we could get by without even knowing that China existed, and that is the way of the future that I am imagining. Can you sense it buddy? Here is a link for you pal:
Furthermore, I doubt Elaine is excited about China’s prospects even if she did help them out some time back. Why don’t they just help out their own People instead of caring about whether they are Number 1 or not. Maybe they are. I hope so for their sake.
Being No. 1 is like being a sucker for whomoever is going to replace you sooner rather than later. Know what I mean?
Furthermore and lastly, this country that I live in was based on some high ideals. These ideals have been mishapen by some patriarchal fools who think being an intimadating bully is where it is at.
If you look at the stars this may have been the case for a short period of time, but not anymore!
The bullies are fixing to get buffaloed by the Buffaloes that they slaughtered in the past, but the buffaloes remain and they always will. The fishies are fixing to swim deep in the sea and they had their moment in the sun, but their time is coming to an end.
Look at the stars if you want to know what is coming next…..or at least if you want to get a clue!
The mystery will never be solved, just like zero and infinity wrap around each other and never let go!
Damn, the Sabres lost their game in overtime, but one day a team from Buffalo will win it all. I hope that I am alive when this occurs, but I have no idea what is gonna happen next. One day at a time is what I do, and faith in spirits with good intent is where I am at.
OK – do you think I am telling another lie? Maybe so and maybe not, but this is Elaine’s site and she is the BEST teacher I have ever known. She is also the best source.
I miss some of the folks who used to post here, but that is no matter. We will all meet again.
Radiation even on East Coast
Of course, China will use it’s acquired wealth to create new alliances globally. They will take the position of next global empire, only question is when will this happen.
Traditional Chinese official news is always announced after the act has been accomplished. Most likely they have a head start over the Japanese in getting rid of the US debt..I tend to agree w Elaine..they use the debt to buy a seat in the EU by having proxies like certain vulnerable EU countries with debt issues..and resources from emerging countries ..3 trillion dollars is more than enough to buy all the things they need to be self sufficient. The other issue we should watch out is the possibility that both China and Japan had unleashed the tsunami of US dollars into the global economy and the gigantic waves is going to end up coming back to US eventually.
Fate is a very sick goddess – both UK and France plan to use the EU to reduce the power of Germany …only to have China waltz in at the last moment and sweep Germany off her feet…oh God…the Dragon, the Bear and the German Eagle in alliance…Quality, Quantity and Abundant resources..what a fatal combo
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Randomly checking in from a long time ago based on a google search which really has gotten a bit corrupted versus what it used to be. Still could find my why, but it wasn’t easy (from a user-interface standpoint).
Reading about past history is kind of neat. We are the first ones who have easily had this opportunity.
I have standing to post here because I posted here in the past and this webpage is still “active”. As for the Donald, from my perspective – the Jury is still out but I suspect we will all know pretty soon).
The thing I thought would be “cool” today is if North Korea’s failed missile test was really due to some “new technology” that we figured was time to display. If that was the case, then I think it was a good idea. We might as well let everyone know that we are still kind of unmatched militarily. And the smart readers here should all know that that matters.
Happy Easter everyone.
What is up with the numbering system here.
Plus, just to update my “details” I had to post another comment. This comment was not meant to be, but I had no other options that I could easily figure out.
What do you folks think? Is this still a worthwhile site?
Well, I happen to think this site is the best on earth! 🙂
Ha, ha, ha……do you ever go back and read some of this stuff?
(please, that was rhetorical)…
I think it is a great site as well. I’m just curious what others think. I don’t really read it “religiously” anymore like I used to……but there are some real tidbits buried back here in the archives!
Elaine please review: http://www.jimstonefreelance.com/fukureport1b.pdf
That is stupid, Ken. The earthquake/tsunami in Japan was totally natural, courtesy of Mother Nature’s habits of turning the bed sheets of the planet, etc.
Mother Nature is one of the most dangerous entities in the Other Side of the Wall. That is, She can do as She pleases and the forces of nature have to live or die with it and then there is the Celestial Agents that do stuff like drop asteroids on planets, stars blowing up, etc.
Then there are the Super Dangerous, Totally Powerful agents: black holes at the center of galaxies. Grinding away, destroying utterly everything….super scary.
Clearly you didn’t read through the PDF. Would love it you were humble and open minded here. I’ve been reading your opinions since mid 2000s and you’re often on point, but no one knows everything. It’s not something I stumbled upon yesterday either. Please read without precinceptions and consider. Cheers.
Hey Ken – just to make it obviously clear. Read above.
If this ain’t you, then who is it and why do you have the same name? The link in comment #27 was all about a nuclear accident. Is this you or not. And if it is you, why doesn’t your Silicon Valley icon show up consistently.
Elaine – I think there should not be posters who have the same name on your blog. But maybe this Ken is the Ken who posted elsewhere.
Jesus Christ and Mohammed too. What the hell is going on here?