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China currently has 11 nuclear power plants generating 9.1 GWe. There are at least 9 nuclear power plants in China currently under construction. Xu Yuming, executive director of the China Nuclear Energy Association, said in Beijing on July 6, that China plans at least 60 new reactors by 2020. The World Nuclear Association expects China to ramp up to at least 85 GWe by 2020. Xinhua has reported that nuclear plants provide 2.3% of China's power today and the proportion is planned to rise to 16% by 2030.

Here are some sources:

Uranium Bottoming as China Boosts Stockpiles, China ups targeted nuclear power share from 4% to 5% for 2020.

The article does not directly say that this guy was involved in the recent spy trade. This article goes into a little more depth on that particular aspect of the fun and games. Now, can we have more pictured of the red-head? That seems to be the part that the press cares most about.

http://www.bloomberg.com/news/2010-06-28/nokia-technologist-and-symbian-veteran-davies-leaves-company-for-tomtom.html

I really cannot see the remotest chance of that happening.

I doubt I'll ever let you be my bookie. You just aren't looking very hard

All in all I don't see a point in building additional factories in a recession like environment.

That's because you don't understand how the economy works.

Its a nice dream but it is not 1940ies anymore and also the economy is far more global then it was in those days.

That can change.

• Viacom did not feel that Hulu made any financial sense, so left. Maybe 10% of the viewer left as well.
• Hulu is profitable on a cash flow basis, which means they are not, although some analysis say they might have a 3 profit.
• According to the number in the article, hulu distributes less than $3 per view to the producers of the show per year.
• CBS will only come on board for the subscription service
• Hulu shows have four minutes of commercials per hour, compared with 16 on broadcast TV.
• "Consumers should not be retrained that premium TV content is cheaper on any platform, especially the Internet," Martin wrote in a June 1 report.

  Given this reality, if CBS and any other new joined in exchange for additional revenues from a subscription, it seems unlikely that everyone else would be willing to split $3 a year per view when there was an additional $100 a year per view to fight over. It would make sense that they would move everything but the current show, perhaps with a two week lag, to the free service. This plan is an experiment to see if a pay model will work. I think as few as 2-3 million subscribers would allow the feee service to terminate. Even if fixed costs rise a little, it might still increase produce network profits by an order of magnitude.

http://www.bloomberg.com/markets/commodities/energy-prices/

If it was some whisteblower guy it would be a nice story, but it seems this guy may not be a shining example of the benefits of encryption

I don't think citation is needed for any of that, and excuse me for not caring whether it's Olivia, Olympia or Orelia.

If you don't know that republicans are voting a single block on almost everything, then why would I bother arguing with you?

Simple simple simple example from just days ago, or whatever happened during the health insurance votes or the financial reform votes. Give me a break, this is not even funny with your citation needed crap.

Another article at http://www.bloomberg.com/news/2010-06-22/u-s-deepwater-oil-drilling-ban-lifted-today-by-new-orleans-federal-judge.html provides a little more insight.

They also said regulators failed to tell Obama that all active deepwater rigs passed an immediate re-inspection after the Deepwater Horizon exploded and sank, with only two rigs reporting minor violations and the rest getting approval to continue operations.

Owing more on your house than it's worth has a negative impact on your credit rating, whether you're current on your payments or not. So any employer who does what you say ("checks credit ratings") will view you negatively.

Rental prices are down compared to last year. Also, it's been 2 years now that landlords have taken tenants who have gone through the foreclosure route. You've been living in la-la land if you haven't noticed it. Landlords are settling for a lot less than they used to.

As for the rest, it's all been in the news for the last year. Just look for it. Or don't you know how to search?

http://finance.yahoo.com/news/Mortgage-Defaults-May-Be-cnbc-1964280202.html?x=0
Mortgage Defaults May Be Driving Consumer Spending

http://www.nytimes.com/2010/06/01/business/01nopay.html
Owners Stop Paying Mortgages, and Stop Fretting

You haven't tried to get a job in finance or with the government, have you? Money problems are a HUGE red flag to US employers, especially in industries where financial responsibility is part of the organization's reputation.

The person who walks away, does a short soale, forecloses, whatever - is less of a risk. They've taken their medicine, whether it was a short sale, foreclosure, deed in lieu, or a bankruptcy. They won't be tempted to take a bribe to hold onto their underwater house. Your thinking is naive.

Why would I want to bite you? You've shown you're stupid, and it might be contagious. http://www.mybudget360.com/mortgages-non-payment-10-billion-dollars-month-free-thanks-bailouts/
$10 Billion a Month Freed up Each Month from People not paying their Mortgage. $1.9 Billion of That is in California so People can continue Leasing their SUV Mercedes and Getting Tans. Thanks Bailouts!

http://www.bloomberg.com/news/2010-04-22/honey-i-lost-the-house-now-it-s-time-to-party-caroline-baum.html
Honey, I Lost the House. Let's Party

Considering that the current occupant paid $740.6 million for a 4-year lease....

Who do you think works for the corporations? Answer: The taxpayers.

My understanding is that US citizens must pay taxes in the USA even if they work abroad, but that's not the case for every other nationalities. So part of these salaries will go to the USA and part not.

Also, do you think mining is going to be a nonprofit organization? They'll pay taxes to the government.

Of which country? Corporations have proven to be very good at paying taxes where they cost them less money. Check this for an example.

This is great news because this could help wipe out Afghanistan's poverty, the actual biggest obstacle to a functioning government.

That's exactly what happened everywhere oil or minerals have been discovered around the world. Middle East currently enjoys highest standard of living than the rest of the world thanks to half a century of massive oil extraction. Oh wait...

About $124 billion of that savings stems from provisions dealing with health care and federal revenues; the other $19 billion results from the education provisions.

As the link you provide says, the bill depends on shifting education provisions from education to health. Now did the CBO also consider what effect giving every person the same tax deductions as employers get for offering health insurance as well as it the federal government allowed interstate commerce, the Interstate commerce clause of Section 8 - Powers of Congress? Did it also find where the Constitution of the USA gives the federal government the power to regulate health and medical care?

Those figures do not include potential costs that would be funded through future appropriations (those are discussed on pages 10-11 of the cost estimate).

Ha, so they had to leave out some costs. Is that because their figures are a snow job? Is it because it's political after all?

Oh let's not forget this:

They had a year to read it, and many of them bet their jobs on it. They read it. If I gave you a 1 page book, which you read, and then added a page a day, would you be able to keep up? Of course.

Congress had no where near a month, never mind a year, to read all of both bills. And together they weren't 365 pages, they were more than 1800 pages. A quick calculation says that if congress had a full year, almost 5 pages would need to be read to read all of the pages. Ah, however wanting to know precisely how many pages health care reform took, a Bloomberg article says it's more than 2400 pages. And the Huffington Post has Republicans asking how anybody could digest 2700 pages. What was VP Biden's response? "A big fucking deal." How ignoramus can you get? He obvious does not care what people think, or what the USA Constitution says. But anyway, using 2700 pages, more than 7 pages would have to be read a day for a year to read all of the bills.

Falcon

It's also the country that passed Lex Nokia not too long ago. Certainly the Finnish situation isn't as bad as it is in the UK and the US, but it's still not perfect.

Market pull backs and recessions that result in regulations like SOX are the cause of reduced IPOs not the regulation as can be seen in the charts in this article [seekingalpha.com] that clearly shows little or no impact to IPO trends from the passing of SOX in 2002. Once the market started to recover from the dot com bust the IPOs returned even though SOX was in place.

What this chart ignores is what has happened to the IPO market overall. That is, companies are choosing to list in overseas markets instead of the US, where they don't have SOX to contend with. Imagine how many more IPOs you would be seeing on NYSE and NASDAQ without this regulation driving them to overseas markets.

http://preview.bloomberg.com/news/2010-06-04/u-s-s-13-trillion-debt-poised-to-overtake-weigh-down-gdp-chart-of-day.html

Yes. During the "crash" a week or two ago, several stocks went to $.01.

Not sure if serious. If you are, citation please and I will rebut.

Google search for stocks drop to one cent result five Market Fragmentation May Get Review After Stock Drop (Update3)

CBOE Stock Exchange canceled 18 trades of 100 shares that took place at 1 cent in Accenture over seven seconds starting at 2:47 p.m. The trades occurred against stub quotes, according to David Harris, the exchange's president. Trades were canceled on CBSX because the market is newer and its book of orders is "thinner," which led to transactions occurring away from reasonable prices, he said.

Internets? You fail them.

This Bloomberg article claims:

At 5,000 barrels a day, the leaks are dumping almost $400,000 a day worth of crude into the Gulf. BP spokesman Jon Pack said it’s still possible there will be oil produced in the area. The reservoir may have held about 50 million barrels of crude, he said.

But who knows where they got that from, how accurate it is, or how much of it is economically recoverable with current technology at current oil prices.

Of course, to compute a percentage, we know [update: we knew that until today, now BP seems to magically decided maybe it's a bit more] that it's leaking 5,000 BPD so it's leaking 0.01% a day - so it's been about 30 days, meaning it's leaked only 0.3% of the reserves. Nothing to see here, move on.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aEgU_TIgfK1U&refer=home

http://www.bloomberg.com/apps/news?pid=20601087&sid=aEgU_TIgfK1U&refer=home

If humans never (or, say before humans did so) drilled for oil, wouldn't the oil still be there, and occasionally be released by events such as earthquakes?

http://www.bloomberg.com/apps/news?pid=20601072&sid=aUqFB_GbhRYM

Haiti's 7.0 earthquake "may have cracked rock formations along the fault, allowing gas or oil to temporarily seep toward the surface, [Stephen Pierce, a geologist] said yesterday in a telephone interview."

What earthquakes do not do is drill a hole 18,000 feet deep.

So because I'm horrifically underpaid I'm not trustworthy now? Well that fucking hurts.

Maybe this dude who made $400k/year at Goldman Sachs is more trustworthy.

This is an excellent post. To put it another way though, they certainly have a monetary incentive to cap the well: if the well really is leaking 5000 barrels of oil a day, that's 1.8 million barrels per year. At the current crude oil price of $77/barrel, that's $140 million a year they're losing by having all this oil leak out into the gulf since a lot of their development costs are paid for (i.e., drilling the well). Of course, that 5000 barrels/day estimate is malarky, the WSJ is putting it at more like 25,000 barrels per day, that's $700 million per year.

The world got to see the reality for a short time and then went back to sleep
http://www.zerohedge.com/article/day-market-almost-died-courtesy-high-frequency-trading
http://www.bloomberg.com/apps/news?pid=conewsstory&tkr=C%3AUS&sid=agW5_B0D1z9M
"CME Group Statement on Today's Market Activity:"
"does not appear to be irregular or unusual in light of market activity today"

Apple IPad Components May Cost as Little as $260, ISuppli Says

Certainly the linked article isn't definitive proof, but at this point I think it is safe to say that the iPad isn't going to be bad for Apple's profits.

The most recent offshore well "gusher" happened last year:

http://www.abc.net.au/news/stories/2009/08/24/2664927.htm
and
http://www.bloomberg.com/apps/news?pid=20601081&sid=aXeZj2cxULVU

This spill was just as big as the current Gulf spill in the US.
It took a couple of months to stop the flow.

What is this I see? Oh yes, Sony is a company just like I thought.

Nice try.

March 23 (Bloomberg) -- The U.S. Navy, after nearly six years of warnings from Pentagon testers, still lacks a plan for defending aircraft carriers against a supersonic Russian-built missile, according to current and former officials and Defense Department documents.

The missile, known in the West as the ``Sizzler,'' has been deployed by China and may be purchased by Iran.

``This is a carrier-destroying weapon,'' said Orville Hanson, who evaluated weapons systems for 38 years with the Navy. ``That's its purpose.''

http://www.bloomberg.com/apps/news?pid=20601070&sid=a5LkaU0wj714&refer=home
The missile cruises at 5 m above the sea, can go quickly from subsonic to supersonic and can perform various evasive maneuvers. When you think about it, it is quite easier to design a missile system than an anti-missile one. I am not leaving in an alternate universe : I read the Russian comments on laser-based antimissiles and on patriot anti-missiles and it is very clear that one of the selling points of the latest Russian missiles is that they can bypass these systems. One of the reasons why the starwars project was deemed useless was the ability by Russians to design a missile that would go to ballistic mode (hence, stop engines) at the very beginning of their cruises, making them quite harder to detonate through lasers (lasers usually detonate the propelling fuel, the warhead is too protected to reach)

There's some uncertainty over the level of ash that poses a significant threat, though. What's known is that zero ash is fine, and a lot of ash causes significant damage, but not too much seems to be known about the concentration/response curve beyond that.

Of course, it's also pretty clear that Branson is angling for a handout here, not really deeply interested in science or public policy. He has a pretty big self-interest in convincing people that the cause of the shutdown was government overreaction, in which case the government should compensate the airlines; rather than having people believe that the shutdown was a necessary reaction to the volcanic eruption.

Ash is black and so are niggers. Therefore, we can blame this one on the niggers. Sort of like the aftermath of Hurricane Katrina. Woohoo! Nice to keep things simple.

There's some uncertainty over the level of ash that poses a significant threat, though. What's known is that zero ash is fine, and a lot of ash causes significant damage, but not too much seems to be known about the concentration/response curve beyond that.

Of course, it's also pretty clear that Branson is angling for a handout here, not really deeply interested in science or public policy. He has a pretty big self-interest in convincing people that the cause of the shutdown was government overreaction, in which case the government should compensate the airlines; rather than having people believe that the shutdown was a necessary reaction to the volcanic eruption.

That's simply not true. I'll reference you this article which says that between 1997 and 2002, there were around 2700 patients in Canada admitted to the ER for acetaminophen overdose and 69% of them overdosed intentionally. That's about 370 people a year intentionally overdosing themselves with acetaminophen a year. In the US, 26,000 people overdosed on the drug over around 10 years. If the rate of intentional overdose is similar in the US and Canada, that's about 1800 people intentionally overdosing on the drug each year in the US. I personally know at least one person who attempted (and failed) to overdose on the drug. Dying of liver failure is a pretty nasty way to go compared to firearms, but anyone who has worked in any urban ER knows that intentional overdose is pretty common.

Steve Jobs operates with leaks, but he doesn't do uncontrolled leaks.

Since his surgery he certainly does ... but the other kind. Euwww!

The airspace closings were entirely based on computer models, which according to every test flight taken by major air carriers in the past few days, has been proven to be completely wrong..

Note that according to your link, the models aren't completely wrong, merely erring on the side of caution.
Clouds of ash are hard to spot either on radar or on sat imagery.

Granted it would probably been more scientific to close the airspace based on where the planes started to fall out of the sky but it would probably have pissed off the public even more.

There just isn't any *right* answer to this kind of answer to this kind of russian roulette problem.

No one is to blame for the eruption of a volcano but the stopping of air traffic can be blamed on government fearmongering. The airspace closings were entirely based on computer models, which according to every test flight taken by major air carriers in the past few days, has been proven to be completely wrong.

British Airways, Deutsche Lufthansa AG and Air France-KLM Group all said today that airspace restrictions should be lifted, citing test flights into the ash cloud that showed no sign of impairment to aircraft performance. About 81,000 services have been canceled since the Eyjafjallajökull volcano erupted on April 14, spewing dust that could cause jet engines to fail by melting and then congealing in the turbines.

“These decisions were based on theoretical models,” International Air Transport Association Chief Executive Officer Giovanni Bisignani said today in Paris. “But the losses and chaos are not theoretical. When in a few weeks this situation is solved it will be a very embarrassing story for Europe.”

Hopefully, our government officials in North America won't make the same mistake.

If I were in that position--and I would hope should you be in such a position, too--I would err on the side of caution. I think it's unfounded to call their actions "fearmongering." The models they have are only as good as the data; in the light of this most recent event, the powers that be are bound to have some new data to improve future models.

Or do you honestly believe that the governments of the world, when presented with modeled, scientific information, should disregard it? There'd be an equally large or larger outcry, and I daresay it would be justified.

No one is to blame for the eruption of a volcano but the stopping of air traffic can be blamed on government fearmongering. The airspace closings were entirely based on computer models, which according to every test flight taken by major air carriers in the past few days, has been proven to be completely wrong.

British Airways, Deutsche Lufthansa AG and Air France-KLM Group all said today that airspace restrictions should be lifted, citing test flights into the ash cloud that showed no sign of impairment to aircraft performance. About 81,000 services have been canceled since the Eyjafjallajökull volcano erupted on April 14, spewing dust that could cause jet engines to fail by melting and then congealing in the turbines.

“These decisions were based on theoretical models,” International Air Transport Association Chief Executive Officer Giovanni Bisignani said today in Paris. “But the losses and chaos are not theoretical. When in a few weeks this situation is solved it will be a very embarrassing story for Europe.”

Hopefully, our government officials in North America won't make the same mistake.

Do you have a source for this? I'm curious.

Yes.

http://www.bloomberg.com/apps/news?pid=20601204&sid=aBtiaTy.Q1vw
"The Motion Picture Association of America asked regulators to reject proposals from two planned exchanges that would allow investors to trade in movie futures.

Approving movie futures contracts would be the "economic equivalent of legalized gambling," MPAA interim Chief Executive Officer Bob Pisano said in a letter March 23 to the Commodity Futures Trading Commission.

The Cantor Futures Exchange, a unit of Cantor Fitzgerald LP, and Trend Exchange, backed by Veriana Networks LLC, are seeking approval to create markets that would permit investors to trade on futures based on box-office receipts before a film is released. Cantor would be open to individual and institutional investors while Trend Exchange would be limited to institutions.
"
""The reputation and integrity of our industry could be tarnished by allowing trading in the movie futures contracts," Pisano said in the letter."

Can't have Hollywood movies integrity compromised can we?

Governments waste money. Your local government does it. Your state government. I can't think of any examples off the top of my head (/sarcasm) but I'm pretty sure the federal government does it, too.

Private industry wastes gobs of money as well. The reason you don't hear about it is that the government actually has to report on what it spent, where private industry can usually sweep it all under the table.

Have you never heard of failed projects in private industry that wasted millions of dollars? Sometimes private enterprise has a very public failure they wasted millions of dollars on that's so public they can't sweep it under the rug. The London Stock Exchangeis a good example. (Brought to you by the fine folks at Accenture, whom I personally know have completely fucked up two other large projects).

Idiotic and colossal failures of software projects are embarrassingly common. I'm sure anyone worth their salt on slashdot has heard of many such failures in private industry. I know I have.

"There was no discussion concerning any change in how or from where Dell will source component parts for the computers it manufactures in Asia"

Here is a link regarding Dell's denial.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a5Hyi1uZv05o&pos=6

Latest Bloomberg survey about Obamacare support lists only 40% as supporting it. http://www.bloomberg.com/apps/news?pid=20601070&sid=a2R1ChNYjoag

38 states have pass / are in the process of passing / are talking about enacting laws to sue over the unconstitutionality of the law. http://news.yahoo.com/s/ap/20100317/ap_on_go_co/us_health_overhaul_states

I'm sorry, did it hurt when I bitchslapped you right there?

I recommend you keep up with polling, Bloomberg did a poll yesterday (the day you posted) and found that only 40% of people support it. http://www.bloomberg.com/apps/news?pid=20601070&sid=a2R1ChNYjoag

The majority of people don't support the bill. http://hotair.com/archives/2010/03/24/bloomberg-poll-shows-majority-opposition-to-obamacare/ - the key sentences in there are "and like almost every poll taken in the last several months, a majority of respondents opposed it. Moreover, a majority also consider it a government takeover of the American health-care system". Also, if people support the bill, then how come the approval ratings for Democrats are in the dumps? Pelosi has an approval rating of 11% and Reid has an approval rating of 8%. Yup, that shows that the people really support them!

Here's the original Bloomberg article http://www.bloomberg.com/apps/news?pid=20601070&sid=a2R1ChNYjoag and it says that only about 40% of people support it. Now I don't have a PhD in Statistics, but I'm pretty sure that 40% isn't the same as "the majority of people support it".

Being against Obamacare has nothing to do with being "right-wing" or "left-wing", it has to do with personal responsibility, following the Constitution, and not wanting to fuck the economy .

As for you comment of "The majority of the people do support what's in the bill and they support they bill when they understand its provisions", that's quite amusing since I was just reading an article on CNN about people who did support Obamacare who are now furious over some of it's provisions, such as a 10% tax on going to a tanning salon, which is estimated to cause about 9,000 jobs to be lost due to cut labor or tanning shops closing due to their customers not being willing to pay the extra money.

Insurance is not like betting.

You are not betting that the cancer will not metastasize - you are making sure that if it does the patient will get the necessary treatment.

You've been brainwashed into thinking that it is OK and even necessary to run everything as a for-profit operation. Hint - it isn't.
Things like education, health-care, transport networks, defense, environment etc. are primarily SERVICES. They provide support and continuous operation of a civilized society.
That is why it is A-OK for money gathered from the taxes to be spent on those.
It is your money being used to provide you with a better quality of life. It is also other people's money.
And it is gathered from EVERYONE, all of the time, so any-time ANY-ONE needs it - it is there.

THAT is your flying car. Your jet-pack.
May not be as flashy as in The Jetsons, but it will keep you alive and slashdotting for a long time.
We are going onto a 100-year lifespan nowadays, haven't you heard?

Obama Pays More Than Buffett as U.S. Risks AAA Rating

And NY state can't pay for tax "refunds" (why is it called a "refund" - the government overcollected...).

And now, ObamaCare is going to kick in.

Oh, but you say it's "deficit neutral".

Yeah, only because it uses 10 years of taxes to pay for the first 6 years of benefits.

And what happens when the US Supreme Court rules that it's unconstitutional to FORCE people to buy health insurance? The whole "soak the young" will fall apart.

Althought I must admit, I kinda do hope they try soaking the young. It'd be one hell of an education in reality when a bunch of sheltered college "THOSE RETHUGLICANS ARE EVIL" twits graduate to a $45,000/year job but then have to fork over $12,000 of that for health insurance they DON'T WANT.

GM quality has actually become quite "decent" http://www.bloomberg.com/apps/news?pid=20601100&sid=a6vimtbt2YqQ

There have been experimental train runs from China to Germany for stuff that's too expensive to transport by plane, but needs to get there sooner than by ship. Article -- it's twice as fast as by ship, and cheaper for goods that originate in China's interior. That's the old, regular rail.

However, a high speed (>250km/h) freight railway must add a lot of cost compared to improving the existing track to, say, 150km/h running and sorting out the problems with international crossings etc.

(Of course, there are already the Trans-Siberian and Trans-Manchurian Railways. It's already possible to travel from Moscow to Beijing, Vladivostok or Pyongyang, in around a week.)

In my country, it is completely illegal to search for the word "Capena" or the phrase "government corruption".

Are you ok with that?

You think that sucks? In my country, government corruption isn't just acknowledged publicly, but accepted as unchangeable. We've elected men convicted on seven felony corruption charges. We have people who were never elected to any office handing out checks for 630 billion dollars even after our elected officials emphatically said "NO!"

As for Chinese censorship... It's completely illegal to view BBC World News here in the US. I have to proxy through China to watch it. Are you ok with that?

Er, but what are we going to do with all the people who just don't "have" the brains? They get a free ride?

That seems to be the way it's been working so far.