The fact that the Fukushima reactors have been leaking huge amounts of radioactive water ever since the 2011 earthquake is certainly newsworthy. As are the facts that:
- Scientists have no idea where the cores of the nuclear reactors are
- Radiation could hit Korea, China and the West Coast of North Americafairly hard
But the real problem is that the idiots who caused this mess are probably about to cause a much bigger problem.
Specifically, the greatest short-term threat to humanity is from the fuel pools at Fukushima.
If one of the pools collapsed or caught fire, it could have severe adverse impacts not only on Japan … but the rest of the world, including the United States. Indeed, a Senator called it a national security concern for the U.S.:
The radiation caused by the failure of the spent fuel pools in the event of another earthquake could reach the West Coast within days. That absolutely makes the safe containment and protection of this spent fuel a security issue for the United States.
Move south of the equator if that ever happened, I think that’s probably the lesson there.
Former U.N. adviser Akio Matsumura calls removing the radioactive materials from the Fukushima fuel pools “an issue of human survival”.
So the stakes in decommissioning the fuel pools are high, indeed.
But in 2 months, Tepco – the knuckleheads who caused the accident – are going to start doing this very difficult operation on their own….
Seismic stuff happening here. The vacuum at the center of the financial system is about to implode, revealing the scam at the heart of it. When the old paradigm is gone, a new one will appear which can only be better than what we’ve had for centuries. The statement below that big asian investors only recently clued into the manipulation going on in gold and silver says a lot about the leveling effect of the internet. This info has been out there for over a decade. But anyone who knows how the monetary system works, and its vast invisible funneling of wealth into the hands of a tiny group of parasites knows that such manipulation became essential after the abandonment of the gold standard by nixon. GATA has correspondence between the bundesbank and the fed referring to manipulation going on in the ’70s. It was only invisible because they invested a tiny portion of their loot into buying up and controlling not just the media but the universities and think tanks. If they could pull that off, with the financial incentives for well positioned insiders to jump ship and go public, think how much easier it must have been to buy off medicine and public education. Unfortunately they’ve now managed to buy themselves a police state with the 9/11 hoax and War on Terror Inc, all with coupons that they simply print off by the pallet! An amazing triumph of form over substance. I have a suggestion for a new DHS uniform: a dunce cap festooned with shiny green plastic dollar signs. They’ll be in the same boat with the occupy protestors when TSHTF. Hopefully by then both groups will be a little wiser.
In a stunning development, two JP Morgan whistleblowers have confessed that the bank manipulates the gold and silver markets. This is truly a shocking admission by the courageous JP Morgan whistleblowers. In a blockbuster King World News interview, London metals trader Andrew Maguire told KWN that the two JP Morgan employees came directly to him with hard evidence that the bank was actively manipulating the gold and silver markets….
Directly after the meeting I was approached by some very large, well-connected Asian buyers who wanted to find out more about the level of leverage employed in the metals markets … And once establishing there was a massive disconnect between the paper markets and the enormous unbacked, synthetic supply (of shorts) distorting these markets, I know they moved in to buy in size.
It was no coincidence gold didn’t look back from that day and it moved up over $800, from under $1,100, to (over) $1,900. And silver moved up (an astonishing) $33, from under $17, to almost $50 in the same (time) period. And that was despite strong bullion bank short selling opposition at the time.
This bullion bank opposition created such a mismatch between synthetic paper market supply and the actual immediately available physical inventories that were being drawn down, that it threatened to collapse at least two naked short bullion banks. And it brought us full circle back to 2001, where Gordon Brown intervened to bail out Goldman Sachs, and a whole daisy chain of bullion banks who were in a similar position at that time.
Having no physical to bail out the banks with, this brought about a series of Fed-sanctioned paper market interventions, and it was to avoid an imminent default. Now, the reason I bring this all up is, fast-forward to today, and ironically, this is precisely where we are now (once) again. Since then, the bullion banks have managed to cover huge swaths of naked short positions in the COMEX paper markets, and are now net long, and I emphasize, ‘paper’ gold.
What is missed, however, by many, is that they are in fact still grossly mismatched to immediately available deliverable physical supplies in the real global market. This is a huge disconnect, and it really explains so much of the action (in the gold and silver markets). And, Eric, we all know this is going to end badly for the banks.”…