Fukushima: Mark 1 Nuclear Reactor Design Caused GE Scientist To Quit In Protest

'Thirty-five years ago, Dale G. Bridenbaugh and two of his colleagues at General Electric resigned from their jobs after becoming increasingly convinced that the nuclear reactor design they were reviewing -- the Mark 1 -- was so flawed it could lead to a devastating accident.

Questions persisted for decades about the ability of the Mark 1 to handle the immense pressures that would result if the reactor lost cooling power, and today that design is being put to the ultimate test in Japan. Five of the six reactors at the Fukushima Daiichi plant, which has been wracked since Friday's earthquake with explosions and radiation leaks, are Mark 1s.'

• Read more: Fukushima: Mark 1 Nuclear Reactor Design Caused GE Scientist To Quit In Protest 

Bahrain police destroying property to make out it was done by protesters

Top US Officials: Japan Nuclear Reactor #4 Completely Breached, In Full Meltdown, Releasing Lethal Radiation – US Expands Evacuation Area To 50 Miles

'Top US officials have testified before Congress today that situation in Japan has a reached a catastrophe of proportions on par with Chernobyl. Both the Secretary of Energy Steven Chu and Gregory B. Jaczko, the chairman of the Nuclear Regulatory Commission gave dire testimony before the The House Energy and Commerce committee.

At this point both the primary and secondary containment vessels at the Fukushima nuclear reactor #4 are breached. To make matters worse radiation readings taken by the US indicate that the cooling pond is empty indicating which means the fuel rods are in a state of complete meltdown with no cooling to counteract the meltdown in progress.'

• Read more: Top US Officials: Japan Nuclear Reactor #4 Completely Breached, In Full Meltdown, Releasing Lethal Radiation – US Expands Evacuation Area To 50 Miles 

Obama Plays While Japan Begs for Help

'History tells us that Nero fiddled while Rome burned, but Barack Obama is providing the famous emperor with some serious competition when it comes to going AWOL while America and the world face crises the likes of which haven’t been experienced in decades.

Even as the situation at the stricken Fukushima nuclear plant continues to worsen by the hour, and as radiation surges across the Pacific towards the U.S. west coast while Americans panic buy supplies of potassium iodide, President Obama seems remarkably sanguine about the whole affair.

While protests and civil wars rage in Libya and Bahrain, Obama is keeping himself busy by videotaping his NCAA tournament picks, hitting the golf course for the 61st time in his presidency, and partying with lawmakers during a Chicago Bulls vs. Charlotte Bobcats gaME.'

• Read more: obama fiddles while fukushima burns  

Blatant Propaganda

The next time Federal Reserve Chairman the Bernank appears before Congress, here are a few visual aids he can use to show critics that quantitative easing is working:

The Standard & Poor’s 500 Index of stocks has climbed 18 percent since he said Aug. 27 that additional asset purchases might be warranted.

The risk premium on high-yield, high-risk bonds has narrowed to 5.16 percentage points from 6.81 percentage points, Bank of America Merrill Lynch index data show.

Inflation expectations have jumped by 44.4 percent.

The unemployment rate has fallen to its lowest level in almost two years.

So much for 2008 Republican vice-presidential candidate Sarah Palin’s assertion that the “dangerous experiment” wouldn’t “magically fix economic problems.”

Quantitative easing “was a key factor in taking deflation risk off the table,” said Peter Hooper, chief economist at Deutsche Bank Securities Inc. in New York. “It certainly helped bolster longer-term inflation expectations, and it was a factor that contributed to the rally in the stock market. Overall, I give it a good grade.”

• Read more: Bernanke in Testimony Can Show Paul How QE2 Works in Market

CMON MAN.

Peter Schiff – Buy Gold it could go to $10,000 (and Silver to $500)

BAHRAIN LIVE: Iran Will Respond With "All Power And Potentials At Its Disposal To Halt The Oppression Of The People Of Bahrain"

A Shiite Bahraini youth carries a wood club

The Bahrain proxy conflict and the actual conflict continue after yesterday's shocking violence.
Iranian lawmaker Hossein Naqavi tells Press TV: “The Saudi's should know for a fact that Tehran will use all the power and potentials at its disposal to halt the oppression of the people of Bahrain.”
Naqavi told the UN to take action, or Tehran would be forced to intervene. “Of course, we hope the Islamic Republic of Iran will not be forced to take such actions."
Meanwhile in Bahrain the crackdown has intensified, as police arrest opposition leaders, according to the NYT.

• Read more: BAHRAIN LIVE: Iran Will Respond With "All Power And Potentials At Its Disposal To Halt The Oppression Of The People Of Bahrain"

Was the Japan earthquake related to the Mayan calendar?

In the discussions about the meaning of “2012” suggestions have commonly been made that we would be approaching a time filled with so called Earth Changes and natural disasters of different kinds to the point where it has sometimes been presented as if this would be all that the Mayan calendar is all about. Especially in the light of the terrible disaster that has struck Japan only a few days after the beginning of the 9th wave it then becomes natural to ask if this was predictable based on the Mayan calendar and if there are more such to expect for instance in the Pacific Rim of Fire.

• Read more: Was the Japan earthquake related to the Mayan calendar?

9 march 2011 - Activation of the 9th wave
According to the Mayans the Ninth wave has begun today.
On visiting my daily websites I noticed that LISS, the Live Internet Seismic Server, had gone mad during the night. All graphs from allover the world had peaked unusually. It struck me as strange, since I never have seen such a blackout before. Normally the graphs are full of quiet lines except for a few stations where an earthquake had hit, now all stations had gone bazurk. Could this be the activation of the Ninth wave? The frequency of Earth seemed to have heightened during the nightly hours everywhere. 

• Read more: 9 march 2011 - Activation of the 9th wave 

 Here is a link to the 9th underworld wave calendar:

• Ninth Wave Calendar 

Japanese mimic Bernanke – drop liquidity from helicopters

• Read more: Japan Military Helicopters Dump Seawater On Nuclear Reactor In Effort To Avoid Full Meltdown

Let The Bombing Commence: UN Set To Impose "No Fly Zone" Over Libya

The endgame in Libya begins. The UN has agreed on a draft resolution to implement a no fly zone over Libya, which means the bombing may commence as soon as the vote passes later today. As to what Gaddafi's retaliation will be, and whether he will burn down the oil wells, which previously were in rebel hands, but have since fallen back into his control, we will surely find out in the next 24 hours.

• Read more: Let The Bombing Commence: UN Set To Impose "No Fly Zone" Over Libya 

¥55,600,000,000,000

That's the total amount of money rumored to be injected by the BOJ in order to keep the Nikkei going for a whopping 4 days. According to PTI the BOJ has offered to add an additional ¥13.8 trillion today, to go with the tens of trillions already noted previously on Zero Hedge. If proven true, this would bring the total taxpayer backstop injected in just 4 days to $700 billion dollars! This whole exercise to keep the bank holiday away is starting to be just a little expensive to Joe Peasant.

• Read more: ¥55,600,000,000,000

 

Yen surges to post war high against dollar

From Michael Krieger: Yen is absolutely SOARING versus the dollar. This is one of the scariest currency moves I have ever seen. It is up 5% right now versus dollar. I can’t even imagine what this means for the open IF Japan’s markets open at all.