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HOW MODERN MONEY WORKS — Economist Alan Nasser presents a slashing indictment of the vicious nature of finance capitalism; The Bio-Social Facts of American Capitalism: David Price excavates the racist anthropology of Earnest Hooten and his government allies; Is Zero-Tolerance Policing Worth More Chokehold Deaths? Martha Rosenberg and Robert Wilbur assay the deadly legacy of the Broken Windows theory of criminology; Gaming the White Man’s Money: Louis Proyect offers a short history of tribal casinos; Death by Incarceration: Troy Thomas reports from inside prison on the cruelty of life without parole sentences. Plus: Jeffrey St. Clair on how the murder of Michael Brown got lost in the media coverage; JoAnn Wypijewski on class warfare from Martinsburg to Ferguson; Mike Whitney on the coming stock market crash; Chris Floyd on DC’s Insane Clown Posse; Lee Ballinger on the warped nostalgia for the Alamo; and Nathaniel St. Clair on “Boyhood.”
The Hype of New Generation Reactors

Pandora’s Atomic Box Score

by HARVEY WASSERMAN

The first prophetic sign to follow CNN’s irrelevant Pandora’s Promise is this: the Dallas-based Luminant Power Company has cancelled two mammoth reactors.

Pandora’s box score for atomic America 2013 is five announced early reactor closures, nine project cancellations and six ditched uprates. Today, 100 U.S. reactors operate where 1,000 were once promised. New orders are zilch.

Even more critical: For decades the nuclear industry said zero commercial reactors could explode. When Chernobyl blew, they blamed it on the Soviet design. Now, three General Electric reactors have exploded at Fukushima. Unfortunately, as they age and deteriorate, there may be more to come.

Here are some more numbers to tally. More than 1,300 fuel rods sit in a damaged fuel pool 100 feet in the air at Fukushima 4. They contain radioactive cesium equivalent to 14,000 times what was released at the bombing of Hiroshima. There are some 6,000 rods in a common fuel pool nearby. There are some 11,000 rods scattered around the site. The three melted cores from units One, Two and Three are missing. There are roughly 1,000 tanks holding billions of gallons of hot radioactive water that are leaking and will collapse in the next big earthquake.

All 50 allegedly operable reactors in Japan remain shut. Germany is on its way to total green power.

Pandora’s Promise was largely bankrolled by Microsoft billionaire Paul Allen, whose buddy Bill Gates has bet big on the mythic “new generation” reactors.

As it aired on CNN, a grassroots coalition presented more than 150,000 signatures to the United Nations, requesting a global takeover at the accursed Fukushima, where three reactors cores are missing and radiation still pours into the ocean.

Meanwhile Tokyo Electric Power postponed its potentially apocalyptic bring-down of the radioactive fuel rods at Unit Four.

“More tests” were needed, they said. This week the U.S. Department of Energy will meet on how to aid an untried engineering exercise whose failure doom the planet. But if it can be done at all, it will take the entire global community to bring this beast under control.

CNN dumped a ton of hype on Pandora’s Promise, and made no real attempt to hide its own pro-nuke bias. Lead-up debates were heavily weighted toward the industry, whose push for a new generation of reactors will ultimately go nowhere.

The scenario is obvious: Gates and his fellow mega-rich will pour into various theoretical atomic technologies a few hundred million dollars. They’ll write it all off their taxes. They’ll demand immunity for any accidents. It’ll all run billions over budget and years behind schedule. Then they’ll leave yet another radioactive mess for the rest of us to clean up.

Atomic energy makes global warming worse. Its truest promise is for ever more meltdowns—in health, the ecology and economy.

This movie maker needs to revisit Fukushima and report on those fuel rods flying in the sky, the river of radiation pouring into the oceans and the lethal long-lived poisons spewing into the air we breathe. As Hesiod says, when the original Pandora opened her forbidden box, “the Earth and sea were full of evils.”

But hope did remain, now in the form of the green power revolution. The world of finance is on our side. So is the insurance industry. And, basic sanity.

On the 11th of every month, in commemoration of Fukushima, many of us will fast in solidarity with the victims in hope of a survivable outcome. You can help by signing our petitions. With our grassroots organizing and escalated resistance, a Solartopian world can be won.

Pandora’s clear promise—call it a warning—is that our survival depends on it.

Harvey Wasserman edits www.nukefree.org and wrote Solartopia!  Our Green-Powered Earth.  With Moveon.org he and others are presenting petitions to the United Nations with more than 150,000 signatures calling for a global takeover of the situation at Fukushima.