Alabama Nuclear Reactor Gets 'F' Grade
GatorSnake writes "The US federal government issued a rare red finding against an Alabama nuclear power plant after an emergency cooling system failure. 'In an emergency, the failure of the valve could have meant that one of the plant's emergency cooling systems would not have worked as designed (PDF).' Does this further erode the argument that Fukushima was just an isolated incident in the 'modern' nuclear power age?"
Except that once again this IS NOT CAPITALISM. In CAPITALISM the capitalist is supposed to assume the risk to his capital if (s)he is to get any reward. the nuclear power industry does not work like that though. Instead they get to build plants either with strait subsidies or government loan grantees. Now you say well without those things nobody would ever be able to build a plant because they would never be able to sell the bonds to raise the capital to do it without those grantees. Why? because there is alot to go wrong the plant may never come on line if its not done right, if it does go online and anything ever goes wrong the organization will be sued and the investors will be left with nothing of value. Nobody is willing to take on such risks without government.
Well guess what I have new for you that is capitalism SCREAMING "DON'T BUILD NUCLEAR POWER PLANTS!"
Lets face it the "intelligentsia" in this country actively participates in distorting the market place and undermining capitalist ideals and then cries "see capitalism does not work" when things go wrong. Stop lying! What does not work is this bullshit corporate-wellfareism.
Repeal the 17th Amendment TODAY! Also Please Read http://www.gnu.org/philosophy/right-to-read.html