Radiation Counter Reaches Maximum Level of 9999 CPM
The dollar continues to drop, but the important point is that the dollar continues to drop against other totally flawed fiat currencies!
Remember, way back when, when the dollar was supposedly on its way to rediscovering the little engine of growth that could just after the monthly NFP number came in just 30k below where it should be for the US to regain jobs list since December 2007, and the Fed was about to end debasing the US currency? Look again.
Submitted by Tyler Durden on 04/01/2011 13:28 -0400
To those who think that buying food in the corner deli is becoming a luxury, we have five words: you ain’t seen nuthin’ yet. U.S. consumers face “serious” inflation in the months ahead for clothing, food and other products, the head of Wal-Mart’s U.S. operations warned Wednesday talking to USA Today.
And if Wal-Mart which is at the very bottom of commoditized consumer retail, and at the very peak of avoiding reexporting of US inflation by way of China is concerned, it may be time to panic, or at least cancel those plane tickets to Zimbabwe, which is soon coming to us.
The world’s largest retailer is working with suppliers to minimize the effect of cost increases and believes its low-cost business model will position it better than its competitors.
Still, inflation is “going to be serious,” Wal-Mart U.S. CEO Bill Simon said during a meeting with USA TODAY’s editorial board. “We’re seeing cost increases starting to come through at a pretty rapid rate.”
Here is how those guys ‘bet’:
John Paulson is heavily invested in GOLD!
NEW YORK (By Matthew Goldstein) – The richest 25 hedge fund managers made a bit less money last year.
But don’t cry too hard. Collectively, this privileged class of traders did quite well for itself — raking in some $22 billion in compensation, according to AR Magazine.
Topping the charts in hedge fund pay was John Paulson, who reportedly earned $4.9 billion. Paulson’s name at the top of the “rich list” isn’t too surprising, given that his $36 billion Paulson & Co has emerged as one of the industry’s top performing funds.
AR reports that Paulson’s 2010 earnings even bested the $3.7 billion he made in 2007, when he rocketed to hedge fund fame with his enormously successful wager on the housing market’s collapse.
Other top earning managers were: Bridgewater Associates’ Ray Dalio with $3.1 billion, Renaissance Technologies’ Jim Simons with $2.5 billion, Appaloosa Management’s David Tepper with $2.2 billion and SAC Capital Advisors’ Steve Cohen with $1.3 billion.
Overall, the hedge fund trade publication reports that compensation for the top 25 managers declined by 13 percent from 2009. But 2010 still came in as the third best year for hedge fund pay since AR began estimating industry compensation in 2001.
Doctors express “deep concern” about Fukushima impacts on Canada
How do we know how much radiation is reaching Canada from Fukushima? Physicians for Global Survival asked, in a press release today. They added that physicians for Global Survival “would like more openness from safety regulators and government about all isotopes, honesty about methods of measurement and regular updates about risks to vulnerable populations.”
“Physicians for Global Survival is deeply concerned about the long term health of populations exposed due to accidental or planned releases of radioactivity from Fukushima and from domestic power plants.”
How the US monitors radiation
“The US uses a system of RadNet monitors,” the release said, adding that:
Radiation monitors are “point source” monitors, meaning that the radioactive element or ray must actually strike the monitor to be measured. They are unlikely to detect radiation as close as twenty five feet above or beside them. Apparently there are only about 125 of these monitors for the entire continental United States, Hawaii and Alaska.
Feel secure yet?
“News reports mention Iodine-131 and Cesium-137, not because they are the only radioactive elements discharged from the stricken reactors in Fukushima, but because they are the easiest to detect and measure,” the report added.
When the economy imploded in 2008, how did the government respond?
Did it crack down on fraud? Force bankrupt companies to admit that their speculative gambling with our money had failed? Rein in the funny business?
Of course not!
The government just helped cover up how bad things were, used claims of national security to keep everything in the dark, and changed basic rules and definitions to allow the game to continue. See this, this, this and this.
So now that Japan is suffering the worst nuclear accident since Chernobyl – if not of all time – is the government riding to the rescue to help fix the problem, or at least to provide accurate information to its citizens so they can make informed decisions?
Of course not!
The EPA is closing ranks with the nuclear power industry:
EPA officials, however, refused to answer questions or make staff members available to explain the exact location and number of monitors, or the levels of radiation, if any, being recorded at existing monitors in California. Margot Perez-Sullivan, a spokeswoman at the EPA’s regional headquarters in San Francisco, said the agency’s written statement would stand on its own.
Critics said the public needs more information.
“It’s disappointing,” said Bill Magavern, director of Sierra Club California. “I have a strong suspicion that EPA is being silenced by those in the federal government who don’t want anything to stand in the way of a nuclear power expansion in this country, heavily subsidized by taxpayer money.”
The EPA has pulled 8 of its 18 radiation monitors in California, Oregon and Washington because (by implication) they are giving readings which seem too high.
Remember, for the sake of context, that the government has covered up nuclear meltdowns for fifty years to protect the nuclear power industry.
And now, the EPA is considering drastically raising the amount of allowable radiation in food, water and the environment.
Dominic Di-Natale has the latest from Japan where international nuclear experts believe melted fuel is causing a chain reaction at the Fukushima plant.
TOKYO, April 1, Kyodo
The government and Tokyo Electric Power Co. are considering injecting nitrogen into containment vessels of the Fukushima Daiichi nuclear power plant’s reactors to prevent hydrogen explosions, government sources said Friday.
Source: Kyodo News
– Crews ‘facing 100-year battle’ at Fukushima (ABC NEWS):
A nuclear expert has warned that it might be 100 years before melting fuel rods can be safely removed from Japan’s Fukushima nuclear plant. …
“As the water leaks out, you keep on pouring water in, so this leak will go on for ever,” said Dr John Price, a former member of the Safety Policy Unit at the UK’s National Nuclear Corporation.
“There has to be some way of dealing with it. The water is connecting in tunnels and concrete-lined pits at the moment and the question is whether they can pump it back.
“The final thing is that the reactors will have to be closed and the fuel removed, and that is 50 to 100 years away.
(NaturalNews) The unfolding of the Fukushima catastrophe continues to worsen. Here are today’s most important developments:
• A nuclear expert is now warning that it will take 50 to 100 years before the spent nuclear rods at Fukushima will cool enough to be removed from the site. In the mean time, Japan must keep pouring water on the fuel, and that creates highly radioactive water that’s being flushed directly into the ocean. So now we’re looking at the possibility of a century-long radiation leak (http://www.abc.net.au/news/stories/…).
• The groundwater underneath the Fukushima nuclear power facility is now showing 10,000 times the level of radiation normally allowed by government authorities. This is from iodine-131 measured at 15 meters below one of the reactors. (http://www.cbsnews.com/stories/2011…)
• You’ve probably already heard that there have been efforts to use robots to help solve the Fukushima crisis, but those efforts have failed. Then again, who needs robots when you can just pay humans to do the same deadly work? Reuters is now reporting that a U.S. recruiting company is signing up U.S. workers to go to Fukushima and work on-site there as part of the crew that’s trying to save the reactors (http://ca.news.yahoo.com/exclusive-…). Why would anyone agree to do such a thing? Because they’re being promised extra pay, if you can believe that.
You gotta wonder, of course, how these people think they’re going to be able to spend all that extra money if they’re half-dead from radiation poisoning. But hey, if they get paid one dollar for every millirem of radiation they absorb, they could soon be Fukushima’s new millionaires!
April 1 (CNN) – An American Airlines 737 jetliner with 134 passengers aboard made an emergency landing in Dayton, Ohio, Friday morning after passengers became ill and at least two fainted, CNN affiliates in Dayton reported.
Shortly after American Flight 547 left Reagan National Airport in Washington bound for Chicago, two flight attendants reported feeling dizzy, WDTN reported, citing American spokesman Tim Smith. Pilots dropped oxygen masks in the cabin, but at least two and as many as four passengers fainted, according to the CNN affiliate reports.
Video released by the Japanese Defence Ministry on Friday shows soldiers working right in front of the radiation leaking Fukushima Daiichi Nuclear Plant the previous day, Thursday 31st March. Japan Maritime Self Defence Force in Nuclear Chemical Biological (NBC) suits can be seen working on the pier of the plant taking delivery of containers of fresh water to be used to cool the damaged reactors. The water containers are delivered aboard flat bed vessels supplied by the US Navy which are pushed by a JMSDF tug boat.
See my commentary here.
– UCB Rain Water Sampling Results, University of California, Berkeley, Department of Nuclear Engineering:
Iodine-131 level in rainwater sample taken on the roof of Etcheverry Hall on UC Berkeley campus, March 23, 2011 from 9:06-18:00 PDT
20.1 Becquerel per liter (Bq/L) = 543 Picocuries per liter (pCi/L)
( Conversion calculator here.)
The federal drinking water standard for Iodine-131 is 3 pCi/L.
– Agency for Toxic Substances and Disease Registry for Iodine, CDC, April 2004:
EPA has set an average annual drinking water limit of 3 pCi/L for Iodine-131 so the public radiation dose will not exceed 4 millirem
All is well, just like it was in Japan before the truth came (still only partially) out.
And when all those radionuclides show up in your food, especially cesium, then your concerned governments have already a backup plan for that inevitable case:
… permitting doses to the public that EPA itself estimates would cause a cancer in as much as every fourth person exposed …
Jeff Patterson, former Physicians for Social Responsibility president said, “There is no safe level of radionuclide exposure, whether from food, water or other sources. Period.” In 1953, Nobel laureate George Wald agreed saying “no amount of radiation is safe. Every dose is an overdose.”
Radiation exposure is increased by a factor of a trillion. Inhaling even the tiniest particle, that’s the danger.
Where is the outrage?
– Governor Corbett Says Public Water Supply Testing Finds No Risk to Public From Radioactivity Found in Rainwater, Pennsylvania Office of the Governor, March 28, 2011:
… The [Iodine-131] numbers reported in the rainwater samples in Pennsylvania range from 40-100 picocuries per liter (pCi/L). Although these are levels above the background levels historically reported in these areas, they are still about 25 times below the level that would be of concern. The federal drinking water standard for Iodine-131 is three pCi/L. …
On Friday, rainwater samples were taken in Harrisburg, where levels were 41 pCi/L and at nuclear power plants at TMI and Limerick, where levels were 90 to 100 pCi/L.
Corbett emphasized that the drinking water is safe and there is no cause for health concerns. …
“Rainwater is not typically directly consumed,” Corbett said. “However, people might get alarmed by making what would be an inappropriate connection from rainwater to drinking water. By testing the drinking water, we can assure people that the water is safe.” …
Hirose Takashi: The Fukushima Nuclear Power Plant Accident and the State of the Media
Broadcast by Asahi NewStar, 17 March, 20:00
Interviewers: Yoh Sen’ei and Maeda Mari
Yo: Every day the local government is measuring the radioactivity. All the television stations are saying that while radiation is rising, it is still not high enough to be a danger to health. They compare it to a stomach x-ray, or if it goes up, to a CT scan. What is the truth of the matter?
Hirose: For example, yesterday. Around Fukushima Daiichi Station they measured 400 millisieverts – that’s per hour. With this measurement (Chief Cabinet Secretary) Edano admitted for the first time that there was a danger to health, but he didn’t explain what this means. All of the information media are at fault here I think. They are saying stupid things like, why, we are exposed to radiation all the time in our daily life, we get radiation from outer space. But that’s one millisievert per year. A year has 365 days, a day has 24 hours; multiply 365 by 24, you get 8760. Multiply the 400 millisieverts by that, you get 3,500,000 the normal dose. You call that safe? And what media have reported this? None. They compare it to a CT scan, which is over in an instant; that has nothing to do with it. The reason radioactivity can be measured is that radioactive material is escaping. What is dangerous is when that material enters your body and irradiates it from inside. These industry-mouthpiece scholars come on TV and what to they say? They say as you move away the radiation is reduced in inverse ratio to the square of the distance. I want to say the reverse. Internal irradiation happens when radioactive material is ingested into the body. What happens? Say there is a nuclear particle one meter away from you. You breathe it in, it sticks inside your body; the distance between you and it is now at the micron level. One meter is 1000 millimeters, one micron is one thousandth of a millimeter. That’s a thousand times a thousand squared. That’s the real meaning of “inverse ratio of the square of the distance.” Radiation exposure is increased by a factor of a trillion. Inhaling even the tiniest particle, that’s the danger.
Yo: So making comparisons with X-rays and CT scans has no meaning. Because you can breathe in radioactive material.
Hirose: That’s right. When it enters your body, there’s no telling where it will go. The biggest danger is women, especially pregnant women, and little children. Now they’re talking about iodine and cesium, but that’s only part of it, they’re not using the proper detection instruments. What they call monitoring means only measuring the amount of radiation in the air. Their instruments don’t eat. What they measure has no connection with the amount of radioactive material.
Hirose Takashi has written a whole shelf full of books, mostly on the nuclear power industry and the military-industrial complex. Probably his best known book is Nuclear Power Plants for Tokyo in which he took the logic of the nuke promoters to its logical conclusion: if you are so sure that they’re safe, why not build them in the center of the city, instead of hundreds of miles away where you lose half the electricity in the wires?
He did the TV interview that is partly translated below somewhat against his present impulses. I talked to him on the telephone today (March 22 , 2011) and he told me that while it made sense to oppose nuclear power back then, now that the disaster has begun he would just as soon remain silent, but the lies they are telling on the radio and TV are so gross that he cannot remain silent.
I have translated only about the first third of the interview (you can see the whole thing in Japanese on you-tube), the part that pertains particularly to what is happening at the Fukushima plants. In the latter part he talked about how dangerous radiation is in general, and also about the continuing danger of earthquakes.
After reading his account, you will wonder, why do they keep on sprinkling water on the reactors, rather than accept the sarcophagus solution [ie., entombing the reactors in concrete. Editors.] I think there are a couple of answers. One, those reactors were expensive, and they just can’t bear the idea of that huge a financial loss. But more importantly, accepting the sarcophagus solution means admitting that they were wrong, and that they couldn’t fix the things. On the one hand that’s too much guilt for a human being to bear. On the other, it means the defeat of the nuclear energy idea, an idea they hold to with almost religious devotion. And it means not just the loss of those six (or ten) reactors, it means shutting down all the others as well, a financial catastrophe. If they can only get them cooled down and running again they can say, See, nuclear power isn’t so dangerous after all. Fukushima is a drama with the whole world watching, that can end in the defeat or (in their frail, I think groundless, hope) victory for the nuclear industry. Hirose’s account can help us to understand what the drama is about.
– Douglas Lummis
– Israeli Nuclear Expert Accuses Japan Of Downplaying Danger Nuclear Calamity: ‘If there is fallout of plutonium oxide, a most toxic substance that they use in the reactor that exploded, no one will be able to set foot on the site for thousands of years’
TOKYO, April 1, Kyodo — More signs of serious radiation contamination in and near the Fukushima Daiichi nuclear power plant were detected Thursday, with the latest data finding groundwater containing radioactive iodine 10,000 times the legal threshold and the concentration of radioactive iodine-131 in nearby seawater rising to the highest level yet.
Radioactive material was confirmed from groundwater for the first time since the March 11 quake and tsunami hit the nuclear power plant on the Pacific coast, knocking out the reactors’ key cooling functions. An official of the plant operator Tokyo Electric Power Co. said, ”We’re aware this is an extremely high figure.”
The contaminated groundwater was found from around the No. 1 reactor’s turbine building, although the radiation level of groundwater is usually so low that it cannot be measured.
Mar. 31 (Bloomberg) — The Federal Reserve released thousands of pages of secret loan documents under court order, almost three years after Bloomberg LP first requested details of the central bank’s unprecedented support to banks during the financial crisis.
The records reveal for the first time the names of financial institutions that borrowed directly from the central bank through the so-called discount window. The Fed provided the documents after the U.S. Supreme Court this month rejected a banking industry group’s attempt to shield them from public view.
“This is an enormous breakthrough in the public interest,” said Walker Todd, a former Cleveland Fed attorney who has written research on the Fed lending facility. “They have long wanted to keep the discount window confidential. They have always felt strongly about this. They don’t want to tell the public who they are lending to.”
The central bank has never revealed identities of borrowers since the discount window began lending in 1914. The Dodd-Frank law exempted the facility last year when it required the Fed to release details of emergency programs that extended $3.3 trillion to financial institutions to stem the credit crisis. While Congress mandated disclosure of discount-window loans made after July 21, 2010 with a two-year delay, the records released today represent the only public source of details on discount- window lending during the crisis.
Lawsuit Filed To Protect Themselves from Unfair Patent Enforcement on Genetically Modified Seed
Action Would Prohibit Biotechnology Giant from Suing Organic Farmers and Seed Growers If Innocently Contaminated by Roundup Ready Genes
NEW York: On behalf of 60 family farmers, seed businesses and organic agricultural organizations, the Public Patent Foundation (PUBPAT) filed suit today against Monsanto Company challenging the chemical giant’s patents on genetically modified seed. The organic plaintiffs were forced to sue preemptively to protect themselves from being accused of patent infringement should their crops ever become contaminated by Monsanto’s genetically modified seed.
Monsanto has sued farmers in the United States and Canada, in the past, when their patented genetic material has inadvertently contaminated their crops.
A copy of the lawsuit can be found at:
The case, Organic Seed Growers & Trade Association, et al. v. Monsanto, was filed in federal district court in Manhattan and assigned to Judge Naomi Buchwald. Plaintiffs in the suit represent a broad array of family farmers, small businesses and organizations from within the organic agriculture community who are increasingly threatened by genetically modified seed contamination despite using their best efforts to avoid it. The plaintiff organizations have over 270,000 members, including thousands of certified organic family farmers.
“This case asks whether Monsanto has the right to sue organic farmers for patent infringement if Monsanto’s transgenic seed or pollen should land on their property,” said Dan Ravicher, PUBPAT’s Executive Director. “It seems quite perverse that an organic farmer contaminated by transgenic seed could be accused of patent infringement, but Monsanto has made such accusations before and is notorious for having sued hundreds of farmers for patent infringement, so we had to act to protect the interests of our clients.”
Captain Obvious strikes again.
More from Bill Gross:
In a letter focusing on what has been well known to Zero Hedge readers for about two years now, Bill Gross’ latest investment outlook does the usual attack of Beltway stupidity (as if Congress is in any way competent of making math-related decisions – they do what Wall Street – that’s you Bill! – tell them to do, and you know it), emphasizing the impossible math of total US entitlement liabilities (on a net present value basis), which Gross estimates at $75 trillion. That Gross conclusion is predetermined from the onset is not surprising: “Unless entitlements are substantially reformed, I am confident that this country will default on its debt; not in conventional ways, but by picking the pocket of savers via a combination of less observable, yet historically verifiable policies – inflation, currency devaluation and low to negative real interest rates.”
Then again, that America is bankrupt is not really news to anyone. Neither is it news, that Gross, as we first reported, no longer has any US bonds to dispose of. What will be news is the inflection point at which Gross starts purchasing Treasuries once again. And after all with $220 billion in AUM in the Total Return Fund, what else will he do: hold on to cash? Buy Netflix? Then the only question will be how Gross spins the inevitable capitulation of the re-hypocrisy trade, validating that he, in a narrow sense, and PIMCO in a broad one, is perhaps the biggest cog in the very system that Bill spends so many hours writing letters about and complaining against. But yes, even that won’t be all that surprising to us. After all, in this bizarro world absolutely everything is now priced in.
- Medicare, Medicaid and Social Security now account for 44% of total federal spending and are steadily rising.
- Previous Congresses (and Administrations) have relied on the assumption that we can grow our way out of this onerous debt burden.
- Unless entitlements are substantially reformed, the U.S. will likely default on its debt; not in conventional ways, but via inflation, currency devaluation and low to negative real interest rates.
WASHINGTON — A long-lasting radioactive element has been measured at levels that pose a long-term danger at one spot 25 miles from the crippled Fukushima Daiichi nuclear power plant, raising questions about whether Japan’s evacuation zone should be expanded and whether the land might need to be abandoned.
The isotope, cesium 137, was measured in one village by the International Atomic Energy Agency at a level exceeding the standard that the Soviet Union used as a gauge to recommend abandoning land surrounding the Chernobyl reactor, and at another location not precisely identified by the agency at more than double the Soviet standard.
The measurements, reported Wednesday, would not be high enough to cause acute radiation illness, but far exceed standards for the general public designed to cut the risks of cancer.
The EPA is preparing to dramatically increase permissible radioactive releases in drinking water, food and soil after “radiological incidents,” according to Public Employees for Environmental Responsibility.
What is termed a guidance that EPA is considering – as opposed to a regulation – does not require public airing before it’s decided upon.
EPA officials contacted today in the Atlanta and D.C. offices had no response on the issue as of 6 p.m.
The radiation guides called Protective Action Guides or PAGs are protocols for responding to radiological events ranging from nuclear power-plant accidents to dirty bombs.
Drinking water, for example, would have a huge increase in allowable public exposure to radioactivity, the group says, that would include:
A nearly 1000-fold increase in strontium-90
A 3000 to 100,000-fold hike for iodine-131
An almost 25,000 rise for nickel-63
The new radiation guidance would also allow long-term cleanup standards thousands of times more lax than anything EPA has ever before accepted, permitting doses to the public that EPA itself estimates would cause a cancer in as much as every fourth person exposed, the group says.
These relaxed standards are opposed by public health professionals inside EPA, according to documents PEER said it obtained under the Freedom of Information Act.
PEER is a national alliance of local state and federal resource professionals
Mar 16, 2011
Source: The Tenessean
Fury at equality watchdog after it calls for teachers to ask 11-year-olds if they are gay
Teachers, nurses and youth workers are being urged to set up pilot studies aimed at monitoring adolescent sexual orientation for the first time.
Children as young as 11 could soon be asked about their sexuality without their parents’ consent, it has emerged.
Teachers, nurses and youth workers are being urged to set up pilot studies aimed at monitoring adolescent sexual orientation for the first time.
A report commissioned by the Government’s equalities watchdog found that it was ‘practically and ethically’ possible to interview young children about their sexuality.
Controversially, it says parental consent, while ‘considered good practice’, is not a legal necessity.
A self-esteem boost will really make all the difference when you are hungry, right?
Mind-control obviously really does work.
While businesses are generally wary of the risks of using unpaid labor, companies that have used free workers say it can pay off when done right.
FORTUNE — With nearly 14 million unemployed workers in America, many have gotten so desperate that they’re willing to work for free. While some businesses are wary of the legal risks and supervision such an arrangement might require, companies that have used free workers say it can pay off when done right.
“People who work for free are far hungrier than anybody who has a salary, so they’re going to outperform, they’re going to try to please, they’re going to be creative,” says Kelly Fallis, chief executive of Remote Stylist, a Toronto and New York-based startup that provides Web-based interior design services. “From a cost savings perspective, to get something off the ground, it’s huge. Especially if you’re a small business.”
In the last three years, Fallis has used about 50 unpaid interns for duties in marketing, editorial, advertising, sales, account management and public relations. She’s convinced it’s the wave of the future in human resources. “Ten years from now, this is going to be the norm,” she says.
Why do people work for free?
The benefit unpaid labor offers to a business is pretty clear, but it can also give employees needed experience, a reference letter or even a self-esteem boost in a depressing economy.