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Bull In China Shop Update: EU Energy Commissioner Did Not Say A Catastrophe Was Going To Happen, Just Expressed His Fear
Just out from Reuters with some very overdue damage control.
- EU Energy Commissioner did not say a catastrophe was going to happen, he just expressed his fear - spokesman
The question is whether it is too late to backtrack now? The genie is fully out of the bottle...
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That way if it does happen, he can try to take credit for it. If it doesn't happen (which is unlikely), he won't look like an idiot. He has made the safe call either way, because it's going to happen, and already is happening. Each hour that goes by, the situation gets more and more drastic for the Japanese people and surrounding areas.
Nonsense. He was properly accounting for the risk that things could get much worse.
We should be thankful to him for correctly acknowledging that the risks have dramatically increased from a few weeks ago, not writing this off as political maneuvering.
Yesterday, German SoS speaks of "Apocalypse"
Today, EU Energy Commissioner (German) speaks of "Catastrophe in a few hours"
The Russian nuclear experts are speaking of "worse than Chernobyl" because of the spent fuel rods.
#5 and #6 are overheating.
WTF is happening to #1 to #4, nobody knows or dares to ask.
Things will get a lot worse before they get better. With all the survivors crowding together, and the lack of basic necessities, "shit just happens". Things will not get back to normal any time soon.
It's all political maneuvering and I have nothing to thank any politician for.
"On Tuesday, 750 workers were evacuated, leaving a skeleton crew of 50 struggling to reduce temperatures in the damaged facility. An increasing proportion of the people at the plant are soldiers, but the exact number is not known. "
When Elvis has left the building, the show is over.
Someone received a phone call and was instructed to either retract his statement or chew down hard on the cyanide pill. Looks like he took the first choice.......for now.
Haha absolutely - he missed the memo where every single note about the situation shifts the market by 10 handles either way.
I'd be taking the Iodide pill behind door #3, Alex.
+1 That's great -- Iodide pill!
LOL
I assume you meant behind unit #3....right?
Ooooh SNAP.
No. I'd be getting the fuck away from unit #3 as fast as my hobbit legs could take me, and then some.
Hopefully door #3 is on a continent somewhere, preferably in a different hemisphere.
Damn, we've already got people growing extra units over here. Might be too late for the iodide pills.
I expect the US market to interpret this as: "All is well. The situation has been contained. BTFD and STFU".
"The ponzi must continue...by any means necessary"
The Ben Bernank
of course....
Nuclear Holocaust: All We Need Is A Solar Storm (Or A Crazy Hacker)He should probably shut up now...
Unless it is something productive and inciteful...anything other than -
Well jeez, theres gona be a catastrophe any hour now, and back tracking only to say...I'm shitting myself I'm so scared.
or it was a soundcheck, like Reagan once in the 80ies 'We will bomb UdSSR in 5 Minutes'
YEAH!!! Those were the good old days ;)))
holy cow, would everyone please staighten their panties out and look for actual facts and not evaluate the situation based on what someone thinks "could" happen, or what they "feel" "could" be the "worst-case" scenerio, unreal
here's a trivia question for everyone - how many people actually died from the 3mile island incident?
>>here's a trivia question for everyone - how many people actually died from the 3mile island incident?
Don't be a moron. If you want to play trivial pursuit here's a better question that will be more analagous to the situation.
here's a trivia question for everyone - how many people actually died from Chernobyl?
(answer: a million)
>>here's a trivia question for everyone - how many people actually died from the 3mile island incident?
(answer: zero)
my sincere apologies for trying to counter-balance everyone's doomsday orgy
prove you care, join the fukushima fifty.
your 1st mistake was trying to compare this incident to three mile island
you're right. why should people look at the potential if not likely meltdown of several nuclear reactors containing 40 years worth of spent fuel rods near a city with a population of over 14 million as a "doomsday scenario". clearly there are many positives in this situation that I'm sure you'll be happy to point out to everyone here.....as soon as you reload your crack pipe.
we eagerly await your upbeat take on this matter.
where do I start -
Sars, bird flu, H1N1, Y2K, 911, WMDs, WW3… all those crises were imminent and were supposed to bring the end, and did they?
Don’t get me wrong, I’m prepped up with silver, land, and PM stocks etc, but unlike the doomsday-orgy going down in ZH this week, I like to base my world view on facts and objective reasoned analysis, not the cries of hysterical women running for the exits.
"all those crises were imminent and were supposed to bring the end, and did they?"
Sounds like you're not very good at understanding and evaluating risks.
If that's an example of your track record, I don't think your opinion matters much.
is it not a fact that there are several nuclear reactors near a city of over 14 million people that are, at best very damaged, at worst, on the verge of full meltdown? This is not some hypothetical situation. This IS happening.
to compare this to bird flu, sars, and WMD...all of which were fictional accounts to push policy and profit margins of selected "friends of.." is not only inappropriate...it's down right stupid.
Actually, its around 35 million people for the Tokyo area.
"all those crises were imminent and were supposed to bring the end, and did they?"
Sounds like you're not very good at understanding and evaluating risks.
If that's an example of your track record, I don't think your opinion matters much.
End of the world: not really
End of Japan as an emerging world power: pretty much.
Consider this. 4 reactors melting down as we speak. Greater Metro Tokyo has roughly 35 million people.
So the potential downside is 35 million people get irridated and/or rendered homeless. That's biblical.
My issue is not that it's the end of the world. It's that the All-is-Well Everything-normal speakers are fucking smoking crack.
I'd venture a bet that less than 3% of the folks here got an H1N1 vaccination. You must not be from around here. I reserve the right to run for the exit.
romanko: loose list, I can give you much scarier line-itmes, but anyways, your list is easy:
a) Sars: WHO/Pharmaco/Oligarch social control experiment (Successful)
b) H1N1: Ongoing, real disease, vectors are in unknown hands, ability to sow/spike/damp at will. The creator has the anti-dote. Another successful social conditioning/seeding experiment.
c) Y2K: Massive wealth transfer, gut USA, outsource, NAFTA exercise + social conditioning experiment. Massive success
d) 911.... generally enough said, you must have a belief system around it
e) WMD: Ongoing. No real nuclear accountability. Warheads missing from South Africa (of Libyan funded manufacture), NK armed, Libya probably armed, ex soviet warheads on black market... totally alive and well
f) WW3: In your face. it just does not look like it yet. Will, soon enough.
It takes soem planning to destroy 3+ thousand years of build-up (this go-around anyways).
We are probably on chapter 9 of 11.
Stay tuned.
ORI
http://aadivaahan.wordpress.com/2011/03/16/american-cross-nuclear-rumbles/
Every 6 hours this gets worse! How can you sit here and still say all is well, let's look at the facts. there are no facts! They won't share info, which means they can not control it, they never will admit that they can not control a situation.
+over 9000 smouldering fuel rods
Every time it gets more complicated something more dramatic happens which makes it more complicated and...the circle turns.
Even the IAEA (headed by a an apparently partisan Japanese chap) has changed their tune and have started to think about how people and politicians will retrospectively view their response.
measure the truth from their printer.. before quake, $2.2 trillion.. they just added almost 40% more debt with the recent $800 billion.
I know right! We shouldn't try to glean and parse any useful information from any of the various collections of talking heads. We shouldn't explore any of the possible worst-case outcomes and consider contingency plans.
Instead, let's just pay attention to someone posting under the pseudonym "romanko" on Zerohedge.com as they compare apples to wombats.
Someone needs to beat you about the head with a cluebat until you are either dead or less inclined to open your gaping mouth.
+1 Sv
Three Mile island was contained, you strontium90 head.
Note to EU commissioner:
Catastrophe has already happened.
Unfortunately the nuclear genie is out of the bottle. She does not go back in for anyone.
EU Energy Commissioner = "Baby Blythe"???
If usd/jpy gets pushed then eur/jpy gets pushed. No intervention.
Eu Energy Commissioner must have read your previous headline...
USDJPY Hits 79.98, BOJ Intervention Expected More damage control at the expense of people's well being." Fuck the people, save the markets bitchez"... Quote from the CommishThe US will have its own nuclear meltdown, the spent fuel rods of ponzi will overheat and the hopium 235 will deteriorate, breaking off into depressionarium and hyperinflationarium free radicals.
Ben will be found slumped in a crumpled mess, a sobbing heap of a former man, repeating over and over "I pressed the POMO button, it should have taken 15 minutes..it did nothing, the button, the button...
Actually, the Bernank will be sipping something outrageously expensive with the rest of the banksters somewhere warm, peaceful and beautiful. If they leave at all... other option is WWWIII.
What's that third "W" for again? Wacky World War? Dubya's World War?
Nuclear Crisis: Rising Radiation Levels Halt Work at Fukushima PlantDr. Michio Kaku, a credible scientist:
Oh, now we're supposed to take the word of a scientist over an unknown and relatively anonymous poster?
Wait, that sounds rational.
He's merely a credible scientist? I want to hear from an incredible scientist! Get Feynmann, Oppenheimer and Teller on the ouija board, stat!
For those that don't know, Michio has had his own television program (science channel?), is a college professor (I believe NYU), and has been periodically on Coast to Coast AM for at least a decade. [just going off memory here]
If he's saying that, well obviously its not good. (he's also of Japanese descent...which could mean nothing...or it could mean he knows the language and has contacts + science)
Not sure George Ure from http://urbansurvival.com/week.htm appreciates this, but then, if he puts this graph ovelaying the timing of the HAARP activity with the timing of the EQ in Japan on his site, to be "passed around" is prolly a known risk.
http://urbansurvival.com/haarpcoinky.jpg
Sure would love to ruin the PTB/Ws lunch appetite by having it published here
Forget The Nuke Meltdown:
Obama fills our NCAA Bracket picks today in WE Room where Roosevelt oversaw WWII. Than plans his weekend vacation trip to RIO.
EXACTLY! Where the hell is the most powerful leader in the free world. No speeches or updates about the most significant nuclear disaster since Chernobyl. This guy is just beyond belief!
something about the Tyranny of Lowered Expectations.
not hatin, just sayin.
The damage to the WH is done and it is best for everyone if he stays quiet and preferably away.
Everyone wonders where Obama is but everytime that clown runs his mouth he makes things worse. Let him play XBox all day long and watch basketball, please.
Nuclear meltdown in Japan. Middle East about to explode. WTF! Golf in Rio anyone!
His teleprompter is experiencing technical difficulty.
But he is actually meeting with military for current details, because he is unaware of zero hedge.
He will get serious when it comes time to start campaigning for re-election. He is going to have a lot of money to spend. Since fundamentals don't seem to mean anything re. the US stock markets, you should not assume competency means anything when getting elected. Consider the last two US Presidents (Obama and G.W. Bush). Seriously, were those the two best qualified people? Of course not, but they won...
Has anyone ever seen such coordinated global attempts to manage all reality with non-stop leaks, rumors and rhetoric and not just with Japan..simply everything has to be centrally planned.
When will these guys recognize Fundamentals and reality inevitably trumps propaganda and suggestions not to panic.
There's a glitch in The Matrix. That's when you notice discrepancies and contradiction. They're rolling out Matrix 2.0 soon though.
I'm sick of these mo fo's playing their mudderfukking wordgames. Their cutesy walking the cat backward crap is getting old.
Their cutesy walking the cat backward crap is getting old.
love it, I'm getting that tattooed on my lovers labia
DEFCON 1 or DEFCON 5...it's all the same to dickheads in the media.
That wasn't his genie.
"I want to drastically downgrade my upgrade"
"Let me be clear: I was for it before I was against it"
The guy has form...
On 11 April 2007, Oettinger held a controversial eulogy on one of his predecessors as Minister President of Baden-Württemberg, Hans Filbinger, who was forced to resign in 1978 after allegations surfaced about his role as a navy lawyer and judge in the Second World War, and who died on April 1 at the age of 93.
"In his speech at the memorial service in Freiburg, Oettinger described Filbinger as "not a National-Socialist" but as "an opponent of the Nazi regime", who "could flee the constraints of the regime as little as million others". Referring to Filbinger's role as a navy judge, Oettinger pointed out that no-one lost his life because of a verdict by Filbinger and that he did not wield the power and freedom suggested by his critics.[5] Oettinger was subsequently accused by politicians and the media of playing down the significance of the Nazi dictatorship. GermanChancellor Angela Merkel reacted with public admonishment, stating that she would have preferred it for "the critical questions" to be raised.[6] Oettinger was also criticized by opposition politicians and the Jewish Council; some of his critics even called for his dismissal.
Oettinger at first defended his speech, adding that he regretted any "misunderstanding" about his eulogy although he did not withdraw his comments on Filbinger's past.[7] However, on 16 April he distanced himself from his comments."[8]
http://en.wikipedia.org/wiki/G%C3%BCnther_Oettinger#Eulogy_controversy
Heidenei... when I read the headline I did not realize it was Öttinger the ridiculous Swabian elitist!
He is known for his lack of rhetorical skills (i.e. handeling the truth not carefully enough)
His English skills also have a lot of potential:
http://www.youtube.com/watch?v=icOO7Ut1P4Y
Nice!
So he didn't "mis-speak" earlier -- he just had the wrong teeth in?
Like Francis Dolarhyde, aka Red Dragon?
possibly. He seems to have a special talent at "incovenient talk". That was one of the reasons why the German chancellor Merkel sent him to Brussels, so she had no longer to deal with him in German politics...
Stalking horse for EU pres perhaps..
Gosh -- that'd work well.
I wonder if the PDs who apparently run the world have a red phone for every significant world figure. Looks like this guy was given an ultimatum.
More MIT stuff for everyone to trash:
http://mitnse.com/
Still seems more accurate to me than the hyperbole found everywhere else.
from the MITNSE source:
Flames at Unit 4 were reported to be the result of a pump fire, which caused a small explosion that damaged the roof of Unit 4
Great - now we have government types expressing their feelings!!! These guys are such egomaniacs.
THey should get their own Cable channel -- P! TV
New sat pics:
http://www.godlikeproductions.com/sm/custom/fe703593f0.jpg
http://twitpic.com/49y52x/full
I believe the source is Digital Globe
http://www.flickr.com/photos/digitalglobe-imagery/5530841229/#/photos/di...
Breaking Headline... " GE and other Corporations partnered with TEPCO announce that radiation 88x the normal acceptable limit it safe due to the kinetic fission design of their core." Honestly, no really, do you believe me now?
The old 'kinetic fussion design' trick, eh
Being a german myself, I cannot but express my shame for this guy. He is a classic example for Peter's Principle in Public Service. His performance would be abysmal even for a local politician in southwest Germany that he was. Barely able to express his thoughts in his native german language, he is utterly incapable to make himself understood in english. Check this for a painful laugh:
One of Oettinger's first attempts to hold a speech in english language:
http://www.youtube.com/watch?v=-RrEQ8Ovw-Q
I am almost certain that Oettinger has no clue that his words as EU energy commissioner could have an effect on financial markets. I suspect he does not even know that such a thing exists.
Apologies for my sarcasm... this guy just is a total embarrassment for Germany
regards,
HuangJin
Yes, indeed. A total embarrassment for our nation.
HA! This guy is nothing compared to what we have to deal with -- AL GORE, Hillary Clinton, Obama, Biden, Maxine Waters and the list could go on and on....
I'll trade you any one of the above for Oettinger any day
give him a 3 for 1 sophist, they'll be on sale soon enough
Okay, I will trade him for Biden. But you have to take Westerwelle, too.
http://www.johannes-heil.de/resources/Westerwelle_Giessen.jpg
FROM MIT! http://mitnse.com/2011/03/16/news-updates-and-current-status-of-faciliti...
According to the information available at present, the level at the site boundary at 4:10 PM JST was indeed 1530 MICROsieverts.
1000 Microsieverts is enough to cause radiation sickness, so any worker on site should be ill in just over 40 mins.
5000 Microsieverts will kill 50% within 1 month.
10,000 is fatal within weeks.
This is way beyond anything that's happened before and it's getting exponentially worse!!
You have your "Milli" and "Micro" backwards, seems to be going around.
Link for your dosage examples please.
I believe they should be MILLI not MICRO.
http://www.zerohedge.com/article/when-all-else-fails-change-rules-japan-...
Markets Will Crack: Why It Is Not Too Late to Short-
http://www.hedgefundlive.com/blog/markets-will-crack-why-it-is-not-too-late-to-short
The EU Energy Communist, sorry Commie'sioner, is a windbag. He has zero energy. He just waffles from behind a desk adding nothing but hot air to anyones energy budget. He carves up the free market, squashes new entrants with tons of EU legislation, for his Big Energy Biz bum-chums. He knows nothing and is a nothing like every other socialist/fascist jackass in the crumbling empire of Brussels ....2 years of hell is coming down the pipeline for these jawboning EU parasites, the tranquil silence when they're dead and buried will be most welcome
The media has a moral responsibility to start reporting accurately here, IMO.
Surprisingly, I've seen The New York Times, a paper I've often viewed with derision (Fed Reserve Lackey & Krugman repository that it is), has been the most upfront:
Total Confusion at Nuclear PlantNice chart here. Now what should they put as comparators for the 500 and 1000 millisieverts per hour levels?
http://www.nytimes.com/interactive/2011/03/16/world/asia/20110316-japan-quake-radiation.html?ref=asia
BULL IN CHINA SHOP? No.
That's an alpha particle in a Japanese chamber pot...
Snip:
On the possibility of a tub fire's impact.
The mass of cladding that can burn is relatively small, hence the size of
the fire is limited.
Unlike Chernobyl, where there was hundreds of tons of Graphite to burn,
and hence create a large fire that drove radioactive particulates way up
into the atmosphere (think Dresden), if this does all burn, the Cs, etc.
may stay low, so limit the "fallout" impact.
Unsnip
A key point, about which we have limited information.
More please.
Cores and pools:
When unit four was put out of service for maintenance its fuel was transfered to a spent fuel pond on the roof. This was largely hot fuel used to the point of shutdown to generate power. (A percentage was less hot as not all fuel is replaced @ every refueling cycle.)
Hot fuel inside the cladding boils the water, when fuel rods are exposed the steam, heat and cladding work together to form hydrogen gas. The zirconium cladding is also flammable so there is an ignition source for an explosion. This is what took place in unit 4. The explosion damaged the roof and the 'loft' area above the containment. It also appears to have started a fire which may or may not have included more fuel rod cladding.
The danger of a meltdown lies in the possibility of water in the areas under the pressure vessels that contain the reactor cores. There are three cores in three pressure vessels within three containments. Currently one containment is compromised (unit 2) and another is likely compromised (unit 3).
If a core overheats and boils off all its cooling water it CAN burn through the bottom of its pressure vessel and flow into the bottom of its containment. If there is sufficient water and sufficient burning fuel there will be a very large and extremely powerful steam explosion. A large explosion will blow the pressure vessel right through the top of the reactor along with the spent fuel in pools, the crane, the debris; everything @ the top of the containment.
The steam explosion is what blew apart the Chenobyl reactor and what can blow up Fukushima.
Times Three.
Nice reactor design. Is this kind of like the opposite of a "fail safe" design? Would it not be cheaper to abandon these "fail to armageddon" designs in favor of meltdown resistant pebble bed design? Cheaper than relocating 30 million people?
This idiot was clearly speaking from Chiasso when he made this public statement. Was he arrested by the Carabinieri for importing false information?
For those wishing to panic, check out Wikipedia
http://en.wikipedia.org/wiki/Sievert
Hourly Dose ExamplesAh! Chiasso - Brings back memories...
Since we never saw any video of reactor #2, my assumption is that it was so explosive, that it flattened #4 and exposed #5 and #6, which are supposedly idle plants under maintenance, and they have suffered spent rod exposure which includes fire, and if the public witnessed it, the public wouldn’t be able to handle the reality and seriousness of the out-of-control situation.
Live press conference on NHK
edit: This was only to tell the press that they will get back with answers to their questions by the 17th. What a joke!
TEPCO discussing when they might answer any questions or have any plans at press conference.
That press conference was really scary...Their answers to most of the questions were: "We will check and get back to you by the 17th".
They either have no clue what's going on, or they have been told to not give out too much information.
The only intelligent way to deal with this situation is to assume the worst possible scenario and then plan accordingly, start by marshalling resources, begging for resources, demanding resources, collaborating with any imaginable sources of expertise and equipment, etc. The bottom line is that if you have not been trained to act in this manner, nor have ever been exposed to this type of problem solving then you simply do not KNOW what to do. When things are running smoothly, chimpanzees can handle the situation... I'm afraid the people facing this tragedy have serious shortcomings...
Japan has had US military help with the reactor situation since last Friday/Saturday. Clinton publicly stated on Friday that the US was helping cool the reactors, but the WH quickly rescinded that report when Obama woke up that morning. The parties involved in this incident are doing everything in their power to stop one of the biggest radiological disasters in recorded history.
9/11/01
+ 3/10/11
---------------------
= 12/21/12
Are you prepared?
That's interesting.
Not so interesting. Nothing much happened on 3/10/11.
things like that happen...his english is not that good:
http://www.youtube.com/watch?v=-RrEQ8Ovw-Q&feature=related
This is doom blogging, please play along. Thank you
Agreed. This will pass. We will find out the back-story five-years from now... when NatGeo does a fifth anniversary special on the quake. We will get exposed to low doses of radiation and will go on with our lives as lessons learned.
Wow...I don't understand. The S&P is failing at the 23.6% retracement of the Bernanke rally @1264.22. Why? I have never felt more bullish in all my life.
Shares of Apple are a sweet value right now, and casual dining stocks look so tasty to me.
Is something wrong out there or something?
Reuters - U.S. recommends U.S. citizens who live within 80km of Fukushima nuclear plant evacuate or take shelter indoors.
But, what about the Japanese?
"Chaos Is The Law of Nature - Order Is The Dream of Man"
Seeing that the US couldn't save a couple of thousand people in New Orleans, couldn't effectively deal with the Gulf oil crisis, I find it rather incredulous that we are doing all in our power to deal with the situation - we simply aren't because governments don't operate that way - bureaucrats are good at collecting their checks and going to conferences but not very good at dealing with extreme emergencies - that simply is a fact of life and when you consider that we're dealing with the most powerful forces in the universe, that typical strategy is simply not going to cut it in any way...
Why do you think they want to do anything...
There is too much misinformation and this site does not help.
The situation does not need embellishment.
There are three reactor cores with difficulties not six.
There is potentially spent fuel difficulties with four reactors, the three in trouble @ Daiichi and the fourth which does not contain fuel in the reactor.
The biggest problem in Japan is a lack of a strategy and a management structure. Without this, no progress toward cooling the cores will take place outside of the current improvisations.
Zero Hedge needs to look @ its own charts and articles:
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/von%...