Japan in danger of Nuclear Meltdown/Raid foiled in silver and gold

Harvey Organ Saturday, March 12, 2011

Japan in danger of Nuclear Meltdown/Raid foiled in silver and gold

 

Following Core Meltdown, Reactor One At Fukushima Nuclear Power Plant Explodes - Video

Submitted by Tyler Durden on 03/12/2011 08:04 -0500

Following a report earlier that the Uranium at the Fukushima Power Plant may have melted, we sadly bring you this video of the explosion at the Fukushima power plant. 

 

 

 

 

 

 

 

World Nuclear News Forensic Analysis Of Events At Fukushima Nuclear Plant

Submitted by Tyler Durden on 03/12/2011 11:16 -0500

With much conflicting and biased news coming out of the mainstream media in its perfectly explainable attempt to prevent panic among the population, the World Nuclear News has released the best and most objective analysis of the events that have transpired and that have yet to transpire at Fukushima we have read to date. 

 

 

 

 

Fukushima Explosion Update: Core Presumed Intact As Sea Water Used To Bring Temperature Down, Radiation Level At 1015 Microsieverts/Hour

Submitted by Tyler Durden on 03/12/2011 09:41 -0500

The damage control to the Fukushima explosion reported earlier is coming fast and furious. According to CNN, "the explosion at an earthquake-damaged nuclear plant was not caused by damage to the nuclear reactor but by a pumping system that failed as crews tried to bring the reactor's temperature down, Chief Cabinet Secretary Yukio Edano said Saturday. The next step for workers at the Fukushima Daiichi plant will be to flood the reactor containment structure with sea water to bring the reactor's temperature down to safe levels, he said. The effort is expected to take two days." While the government is trying to play down the threat from the explosion, it has nonetheless double the evacuation zone radius from 10 to 20 kilometers: "Radiation levels have fallen since the explosion and there is no immediate danger, Edano said. But authorities were nevertheless expanding the evacuation to include a radius of 20 kilometers (about 12.5 miles) around the plant. The evacuation previously reached out to 10 kilometers." Next steps are to flood the reactor with salt water. NHK reports: "The TEPCO Fukushima Daiichi nuclear power plant in Fukushima Prefecture is believed to be exploded, and in order to prevent corruption, the containment vessel will be filled with sea water to cool containers and vehicles used by the SDF pump I. According to the Ministry of Defense, work will begin at 8:00 pm, and that it expected to end around 1:00 am on March 13 (or roughly 11 am Eastern)." And while containment efforts peak, the leakage is reported to be in the range of 1015 microsieverts / hr. In the meantime, confusion in Japan is pervasive as up to a million people are without power. And while we hope the outcome of the Fukushima situation will be prompt and favorable, the economic devastation to the country will be pervasive for weeks to come.

Letting No Disaster Go To Waste, SEC Prepares To Let Lehman Executives Walk For Repo 105 Fraud

Submitted by Tyler Durden on 03/12/2011 10:55 -0500

And while the general public frets over the latest geopolitical disasters, the SEC proves Rahm Emanuel correct once again, and letting no disaster go to waste, man-made or natural, the world's most incompetent (but massively underpaid, or so they claim) regulator is preparing to let Dick Fuld completely off the hook for last spring's stunning Repo 105 report by Anton Valukas, whose findings even the bankruptcy expert said were probably cause for civil lawsuits. The WSJ reports: "In recent months, Securities and Exchange Commission officials have grown increasingly doubtful they can prove that Lehman violated U.S. laws by using an accounting maneuver to move as much as $50 billion in assets off its balance sheet, which made it appear that the securities firm had reduced its debt levels....After zeroing in last summer on the battered real-estate portfolio and an accounting move known as Repo 105, SEC officials have grown more worried they could lose a court battle if they bring civil charges that allege Lehman investors were duped by company executives. The key stumbling block: The accounting move, while controversial, isn't necessarily illegal." Oh no, illegal it is. The problem is that should the SEC actually pursue it and win, that act would open up the floodgates for hundreds of lawsuits against everyone from Bank of America and Citi, which have also disclosed they used comparable tactics to misrepresent the true status of their books, to shady accounts like Ernst & Young, all the way to FASB at the very top of the corruption pyramid. And with hundreds of millions if not billions in legal fees about to be paid out if the fraudclosure back door settlement fails, the SEC simply can not allow the pursuit of justice to threaten the viability of America's only national interest: that of its criminal banking syndicate.