Why the Rich Love Unemployment

by Mark Provost Naked Capitalism (May 25 2011) Christina Romer, former member of President Obama's Council of Economic Advisors, accuses the administration of "shamefully ignoring" the unemployed. Paul Krugman echoes her concerns, observing that Washington has lost interest in "the forgotten millions". America's unemployed have been ignored and forgotten, but they are far from superfluous. … Continue reading Why the Rich Love Unemployment

Fukushima and the Radioactive Sea

Chernobyl Times Ten by Harvey Wasserman CounterPunch (May 26 2011) New readings show levels of radioisotopes found up to thirty kilometers offshore from the on-going crisis at Fukushima are ten times higher than those measured in the Baltic and Black Seas during Chernobyl. "When it comes to the oceans", says Ken Buesseler, a chemical oceonographer … Continue reading Fukushima and the Radioactive Sea

Fukushima May Become Graveyard …

... for Radioactive Waste From Crippled Plant by Shigeru Sato bloomberg.com (May 26 2011) Japan's atomic energy specialists are discussing a plan to make the Fukushima Dai-Ichi nuclear plant a storage site for radioactive waste from the crippled station run by Tokyo Electric Power Company. The Atomic Energy Society of Japan is studying the proposal, … Continue reading Fukushima May Become Graveyard …