Tag Archives: japan

Fukushima

Corporate Incompetence: Nuclear Plant workers say Reactor 1 was already melting down even before the Tsunami hit, decreasing radiation levels due to fuel rods being washed away

Many workers who were at the Fukushima Daiichi nuclear plant the day of the 11 March 2011 quake and tsunami, say reactor 1 was already in trouble and possibly melting down, immediately after the 9.0 quake.

“There’s certainly a great deal of evidence that appears to suggest that the first reactor, reactor number one, was melting down by the time the tsunami hit. So, if that’s the case that the reactor was melting down as a result of the earthquake, and not as a result of the tsunami, a nine-point earthquake is something that has the potential to happen throughout Japan, and that would put the reliability and the design safety of all of these reactors in question.”-Robert Jacobs, Hiroshima Peace Institute

Also, Tokyo Electric Power Company has been reporting decreasing radiation levels coming from Pacific Ocean water inlets and outlets.  It’s not a sign they have things under control, because they certainly don’t.  Rather, after 5 months of ongoing nuclear disaster, what’s happened is that the remains of nuclear fuel rods have been washed out into the Pacific Ocean by TEPCo’s continued water injection.

“When you have a fragile structure that’s already suffered a great deal of damage and when you have continual aftershocks at the level of six-point, or there’s been some even higher, what we have now is we have the radioactive core that has melted down into the basement, into the bottom of the containment vessel of these reactors, and if the radiation level is going down, where it’s been monitored inside the buildings, and if the water pressure is going down, and the temperature is going down, it’s not that the radiation is just suddenly going away, it means that the radioactive material, the melted core, is simply moving further away from where it’s been measured.”-Robert Jacobs

 

Business/Economics, International, U.S.

What Economic Revovery? Japanese companies report double dip decline in profits, predicts continued declines into next year, blames the crashing U.S. dollar

Major Japanese companies are reporting a second quarter of declining profits.  And that’s before taxes!

SMBC Nikko Securities has compiled the profit results of more than 1,200 companies.  Overall profits are down by 12%.  They also predict profits will continue to fall into next year, by at least 2%.

Business analysts in Japan blame the decline on lack of electricity, due to more than half of Japan’s nuclear plants being shut down, and the crashing U.S. dollar.

As the U.S. dollar falls, the yen is rising in value, making Japanese products more expensive for foreign customers to buy.  Most of Japan’s economy is based on exporting products to other countries.

Japan is also the second largest foreign holder of U.S. government debt.

 

Fukushima

Government Incompetence: Agency deliberately erased human radiation contaminaton data!

The Japanese Nuclear Safety Commission deliberately erased all the data collected regarding the radiation contamination of children in Fukushima Prefecture!

Officials claim that since the date was public it threatened the privacy of the families!

Since the nuclear disaster following the 11 March 2011 quake and tsunami, more than 1,000 children, aged 15 or younger, were being monitored for the effects of radiation on their thyroid.

The problem is that no one else was keeping such data, and now it’s gone!  The decision to delete the data is only justifying the growing lack of trust the Japanese have in their government.

Fukushima

Government Incompentence: Japanese official does 1-80, stops promoting Japanese food, now says no guarantee it’s safe to eat

Foreign Minister Takeaki Matsumoto has been working hard promoting Japanese food products to other countries, despite overwhelming evidence of radiation contamination.  Now Takeaki has ordered his own ministry to stop vouching for the safety of Japanese food products.

Takeaki Matsumoto says his 1-80 is the result of increased demands for food safety information from other countries, and the fact that it’s become impossible to guarantee food being exported from Japan is safe from radiation.

This is because many of the contaminated food products sold within Japan, were discovered after they were sold to consumers.

Fukushima

Corporate Incompetence: Reactor 3 melt down actually breached containment vessel, plutonium contamination!

First Tokyo Electric Power Company said there were no melt downs, as they struggled to cool the Fukushima Daiichi reactors with salty sea water.  Then TEPCo admitted there were melt downs in reactors 1 and 3, but said they were contained by the water at the bottom of the containment vessels.  Now an independent study says not so.

Tanabe Fumiya, an expert in nuclear safety, studied data from Reactor 3.  Reactor 3 uses MOX fuel.  Most of Reactor 3’s mixed uranium-plutonium oxide fuel might have made it through the containment vessel.  Fumiya says on 21 March 2011 TEPCo was unable to inject water to cool the reactor.  Over the next four days the fuel reheated and melted through.  This explains why plutonium is being found outside the reactors.

Business/Economics, International, U.S.

What Economic Recovery? Japanese economist predict negative GDP for Japan, blames the United States

Several private economic research firms, in Japan, are predicting GDP for Japan will go south for the 3rd quarter.

As many as ten research firms say Japan’s GDP could contract by as much 4.7% for the next economic quarter.  They blame the decline on a huge reduction in consumer spending, both in Japan, and in other countries, made worse by the U.S. debt.

A few economist predict positive GDP for Japan, but that is totally dependent upon the debt problems of the United States.  It’s the international concern over the debt of the U.S. that has most Japanese economists warning of a crash in Japan’s economy.

Fukushima, Technology

Corporate Incompetence: Fukushima Daiichi water decontamination system crashes!

Ever since Tokyo Electric Power Company  installed a water decontamination and recirculation system, they’ve had problems after problems.  Now the entire system has crashed.

The system includes filters and pumps designed in the United States and France.  The idea is to decontaminate the massive amount of radioactive water flooding into the basements of the reactor buildings, then re-use that water to cool the unstable reactors.

The most common problem, in the many weeks since it’s installation, has been the fact that the decontamination part is not working well, the radiation levels are not being reduced to a level TEPCo would like (this is another proof that radiation levels coming out of the reactors are much higher than TEPCo would like to admit).

The next most common problem is that pumps keep failing.  This time all the pumps have failed, including the back up pumps.

Beginning Thursday, 04 August 2011, pumps began failing.  By Saturday, 06 August, all the pumps were down.  As usual TEPCo does not know why, and is investigation to find out why!!!

TEPCo is planning on hooking up a Japanese designed filters and pumps to the system, as if that’s the solution.

Fukushima

Government Incompetence: Rice becomes the new Gold in Japan, add another notch to the tightening famine belt

Now that it’s become clear that most of Japan’s upcoming rice harvests are most likely to be contaminated with cesium, Japanese are holding onto last years rice like it was gold.

Japanese retailers are reporting that bags of last year’s rice are flying off the shelves, because consumers don’t think there will be any rice available from this year’s harvests.

The Agriculture, Forestry and Fisheries Ministry says it’s working to ensure the safety of this year’s rice harvests.  But so far the government has a real bad track record of proving their incompetence regarding nuclear contamination.

Lack of rice in Japan, yet another notch in the tightening belt of the global food crisis.

Business/Economics, International

What Economic Recovery? Japan to fight inflation with butter, lots and lots of butter, it’s not funny

Inflation is hitting other countries harder than the United States (so far).  In Japan inflation has caused the price of butter to go up so high, that the government announced they will flood the butter markets with more butter.

But that butter isn’t coming from Japan.  Butter production collapsed after the March 11 disasters, so the Japanese government will import 2,000 tons of butter.

It’s not just butter that will be imported, but fish as well.  This is no thanks to the radiation being poured into the Pacific Ocean off the Japanese coast.  Japanese fishermen are having a hard time selling their catch, even if it’s certified to be free of radiation.  The result is a fish shortage, and of course the price is going up.  Japan will import 13,700 tons of fish.

The situation in Japan will only strain the growing world food crisis.

Business/Economics, International, U.S.

U.S. Debt: The Big Three countries U.S. taxpayers are beholded to, U.S. government bonds drop in rank

Most people know that China is the largest foreign holder of U.S. debt.  Japan is the second biggest, and the United Kingdom (Britain) is the third.

According to the most recent information, China holds a little more than $1 trillion in U.S. government debt (bonds), Japan holds $912 billion and the U.K. holds $346 billion.  Those bonds are held not only by foreign governments, but by private banks and corporations.

Standard & Poor’s downgrade means that U.S. government bonds are now ranked 2nd place.  Germany, United Kingdom and France still hold their triple A 1st place ranks.  Interestingly the Federal Reserve Bank (not a government agency) says the drop in ranking will not change how they handle U.S. bonds.

The problem is that foreign banks will surely change how they handle U.S. bonds.

The majority of U.S. government debt is still held within the United States, by banks, corporations, individuals and taxpayers via the U.S. Treasury.