• Tim Knight from...
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  • Tim Knight from...
    04/28/2016 - 00:27
    I was expecting a few boring candidate statements of the U.S. Senate - AKA the World's Most Exclusive Club - but, boy, was I wrong. Just take a look at some of these gems.

Two Of Three Power Systems Out At TEPCO Onagawa Plant

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Thu, 04/07/2011 - 11:26 | 1145397 hedgeless_horseman
hedgeless_horseman's picture

Ain't bad, bitchezzz!!!

Thu, 04/07/2011 - 11:31 | 1145428 Clueless Economist
Clueless Economist's picture

We need to send a few thousand Keynsian Economists to help out Japan.  Doing things like cleaning up the reactors and manning the beaches watching for radioactive tsunamis.

Just keep them away from economic decisions.

Thu, 04/07/2011 - 12:59 | 1145777 Harlequin001
Harlequin001's picture

peachy, just fuckin peachy...

I wonder if it will blow up before or after sunset...

 

Thu, 04/07/2011 - 20:13 | 1147701 AnonymousAnarchist
AnonymousAnarchist's picture

Looks like something already blew up.

Thu, 04/07/2011 - 13:33 | 1145940 SmittyinLA
SmittyinLA's picture

They can stuff them in those leaky cracks too.

Thu, 04/07/2011 - 14:01 | 1146050 NYPoke
NYPoke's picture

Obviously, the solution to a leaking core at a nuclear reactor is to create more uranium.  More uranium will produce more heat.  More heat will produce more electricity.  You can use the extra electricity to cool the damaged reactor.

Thu, 04/07/2011 - 16:48 | 1146866 spdrdr
spdrdr's picture

Alternatively, you can extrapolate the odds of a tsunami in your risk analysis. A  sufficiently large earthquake to rupture a containment chamber or used rod pool will cause a tsunami of such magnitude as to cool the fuel exposed.

See?  No problem!

 

 

Thu, 04/07/2011 - 11:44 | 1145485 covert
covert's picture

proof over and over that the japs are incompetant!

http://covert2.wordpress.com

 

Thu, 04/07/2011 - 13:01 | 1145791 Harlequin001
Harlequin001's picture

Nah, no way. I'm not having that, the Japs, no way.

They build Toyota's and they're supremely reliable.

I know a guy who had one once...

Thu, 04/07/2011 - 13:05 | 1145814 Harlequin001
Harlequin001's picture

surely they can find some power in a power station for christ's sake...

 

Thu, 04/07/2011 - 12:15 | 1145542 MSimon
MSimon's picture

It is worse. Few Deaths From Chernobyl is a lie.

http://powerandcontrol.blogspot.com/2011/04/lies-of-chernobyl.html

Japan is riding a similar trajectory.

Thu, 04/07/2011 - 12:17 | 1145601 kinetik
kinetik's picture

Not according to Monbiot.

Thu, 04/07/2011 - 11:26 | 1145401 roymunnson
roymunnson's picture

no worries I'm sure they have at least 30 minutes of battery power.

 

Its just a nuclear power plant... relax

Thu, 04/07/2011 - 11:37 | 1145449 NotApplicable
NotApplicable's picture

The fastest one ever built, to boot!

Thu, 04/07/2011 - 13:02 | 1145799 Harlequin001
Harlequin001's picture

battery power, do you mean AAA's?

I thought that was just their Fitch and Moody's rating....

Silly me...

Thu, 04/07/2011 - 11:28 | 1145403 bob_dabolina
bob_dabolina's picture

Shiit

Maybe it's time for Japan to throw in the towel on the nuke plants

Enough is enough

Thu, 04/07/2011 - 11:28 | 1145413 jus_lite_reading
jus_lite_reading's picture

one is working... say its enough for now! WHOA!

Thu, 04/07/2011 - 11:37 | 1145458 Drag Racer
Drag Racer's picture

NHK just reported the 2 lines that went down were not in use as the plant has been shut down since the big quake.

Thu, 04/07/2011 - 11:29 | 1145416 kengland
kengland's picture

What's the bid deal? Market to close green. That's all I care about. Humans? what humans

Thu, 04/07/2011 - 11:31 | 1145417 Robot Traders Mom
Robot Traders Mom's picture

Engineers now evacuated means the threat of a tsunami is more dangerous to them than the radiation...

 

Thu, 04/07/2011 - 11:33 | 1145439 NotApplicable
NotApplicable's picture

I just looked at it in Google Earth, and luckily there is a finger of land in between the plant and the epicenters of the two quakes, which were about 12.5 and 30 mi. away.

Thu, 04/07/2011 - 22:45 | 1148142 Diogenes
Diogenes's picture

Engineers now evacuated, you mean in their pants?

Thu, 04/07/2011 - 11:32 | 1145425 sabra1
sabra1's picture

Veracruz, Mexico had a 6.5 couple of hours ago!

Thu, 04/07/2011 - 11:34 | 1145432 Cdad
Cdad's picture

Don't worry!  Tyler Mathisen and Scott Wapner have assured everyone that everything is fine.  "All clear."  

And if they are wrong, everyone knows that all E. Burnett has to do is come on and be adorable, and PEs everywhere will be saved.  

For those of you still confused, please listen to Sharon Eperson, whose response to all this earthquake nonsense is to simply direct your attention to the Middle East.  Apparently, she believes this is more comforting for morons who have bought stock from bankers and brokers who are bordering on declaring their undying love to Ben Bernanke and his New American Marxist/Banker party.  Stick with the bankers, boys!  They will always lead YOU to prosperity.

[/sarc off....Oh and...Fuck you, Gordon Charlop!  Fucking ass clown!  And fuck you Steve Liesman, as well!]

We now resume your regularly scheduled Marxist TV programing.

Thu, 04/07/2011 - 11:34 | 1145433 Paul Bogdanich
Paul Bogdanich's picture

I understand that it is Zero Hedge's job to be, shall we say, ever vigilant but this is too much.  I they lost yet another complex as the result of a relatively minor (compared to the main quaake) follow on earthquake the industry could kiss itself goodbye as that would basically show that the plants are not safe.   

Thu, 04/07/2011 - 13:10 | 1145839 Harlequin001
Harlequin001's picture

I believe they already have...

Thu, 04/07/2011 - 11:34 | 1145434 Paul Bogdanich
Paul Bogdanich's picture

I understand that it is Zero Hedge's job to be, shall we say, ever vigilant but this is too much.  I they lost yet another complex as the result of a relatively minor (compared to the main quaake) follow on earthquake the industry could kiss itself goodbye as that would basically show that the plants are not safe.   

Thu, 04/07/2011 - 11:34 | 1145435 Broder_Tuck
Broder_Tuck's picture

of course very bullish, there could have been more plants experiencing problems.

Thu, 04/07/2011 - 11:33 | 1145437 virgilcaine
virgilcaine's picture

Nitemare nuclear island!

Thu, 04/07/2011 - 13:11 | 1145846 FIAT_FixItAgainTony
FIAT_FixItAgainTony's picture

agreed virgil.  the problems there also affect everyone in some way even though they do not live there or near there.  what a custerfuk!

btw nice avatar.  i hadn't noticed the resemblance before!

Thu, 04/07/2011 - 11:33 | 1145442 bonddude
bonddude's picture

"I fell into a burnin' ring of fire..."

Thu, 04/07/2011 - 11:35 | 1145450 ss123
ss123's picture

There was, I believe, a USGS guy that said right after the 9.0 hit that there was _guarenteed_ to be a 7+ magnitude within a couple weeks.

Looks like he was right.

Thu, 04/07/2011 - 11:40 | 1145463 Clueless Economist
Clueless Economist's picture

Hey pal, we economists get it right once in awhile, yet we get no praise.

I love Lord Keynes

Thu, 04/07/2011 - 12:27 | 1145644 MSimon
Thu, 04/07/2011 - 13:09 | 1145850 Harlequin001
Harlequin001's picture

I predict it will either rain or go dark tonight...

Thu, 04/07/2011 - 11:36 | 1145454 TheEternalTriangle
TheEternalTriangle's picture

Err, what you linked shows the first two units were shut down in 2006?

They did have to also shut down the last unit straight after the earthquake but nothing in there about there having been issues with the shutdown itself?

Yeah that they had to shut down all three 5 years ago due to failed inspections, security concerns and mishaps shows up how TEPCO isn't the most competent operator out there. Nothing quoted shows an immediate crisis.

I'm more worried about the latest earthquake making Fukushima Daichii even more unstable.

Thu, 04/07/2011 - 11:40 | 1145469 Cdad
Cdad's picture

EternalTriangle,

Please direct your attention to the unicorns out in the field.  You'll feel better.  Then you can buy some Lulu Lemon and the world will be right again.

If you are not part of the solution, you are part of the problem.  After all, valuations, by any historical metric, are cheap.  And we all know the economic power of self-involved American yoga queens.  More powerful than fission...I think we can all agree.

Thu, 04/07/2011 - 12:49 | 1145735 MSimon
MSimon's picture

More like:

If you are not part of the solution you are smarter than the average bear.

 

 

Thu, 04/07/2011 - 11:58 | 1145538 Ident 7777 economy
Ident 7777 economy's picture

They did have to also shut down the last unit straight after the earthquake but nothing in there about there having been issues with the shutdown itself?

- - - - - - - - - - - - - - - - - -

'Cold Shutdown' at Onagawa from previous event (EQ and TS) was uneventful (i.e. successfully accomplished), therefore, no 'bleeding' headlines like for Fukushima I ... Fukushima I experienced a 'station blackout' event as a result of the Tsunami and resulted in the catastrophe currently playing out there ...

Thu, 04/07/2011 - 11:38 | 1145455 Dagny Taggart
Dagny Taggart's picture

TEPCO says no irregularities at Fukushima plant (per Reuters) ...lost in translation?

Thu, 04/07/2011 - 11:48 | 1145498 Note to self
Note to self's picture

I would guess the Japanese spokesman chose a different word than "irregularities", tending to avoid that complex of mixture of "r"s and "l"s.  But still - nothing unsual except secret, random, exposed re-criticality events.  

This exhibit is closed.

Thu, 04/07/2011 - 12:48 | 1145731 A Man without Q...
A Man without Qualities's picture

no irregularities is the Japanese equivalent for SNAFU...

Thu, 04/07/2011 - 11:38 | 1145456 Ruffcut
Ruffcut's picture

So how much of their power generation is offline?

The country can't rebuild without consistent power.

Is korea going to run an extension cord to get them back into the mix?

Thu, 04/07/2011 - 11:55 | 1145521 Drag Racer
Drag Racer's picture

you also need to take into account thier demand is down as well. Several cities are just gone. But from what I have seen/read, Tepco is 15% undersupplied at the moment.

Thu, 04/07/2011 - 12:50 | 1145738 TheEternalTriangle
TheEternalTriangle's picture

Yup, things are just not looking good business wise. Rolling blackout are having a big effect and the government is asking industry to cut its electricity use by 25%. Not easy...

http://online.wsj.com/article/SB1000142405274870328090457624668294829413...

http://edition.cnn.com/2011/WORLD/asiapcf/04/05/japan.blackout.blues/

Thu, 04/07/2011 - 11:37 | 1145457 Fantasy Planet
Fantasy Planet's picture

Da Pain!

Thu, 04/07/2011 - 12:23 | 1145638 hedgeless_horseman
hedgeless_horseman's picture

That's right, little Tattoo.

Thu, 04/07/2011 - 11:38 | 1145461 ss123
ss123's picture

CNBC Headline: Japan's Earthquake Downgraded to 7.1; Markets Recover Slightly (Click for More)

 

Looks like this was better than expected.

Thu, 04/07/2011 - 11:42 | 1145478 MachoMan
MachoMan's picture

By the time the headline hit, the markets were lower heh.

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