mishima is excluded because he’ll spoil the curve.
In 1930, the Republican-controlled House of Representatives, in an effort to alleviate the effects of the… Anyone? Anyone?… the Great Depression, passed the… Anyone? Anyone? The tariff bill? The Hawley-Smoot Tariff Act? Which, anyone? Raised or lowered?… raised tariffs, in an effort to collect more revenue for the federal government. Did it work? Anyone? Anyone know the effects? It did not work, and the United States sank deeper into the Great Depression. Today we have a similar debate over this. Anyone know what this is? Class? Anyone? Anyone? Anyone seen this before? The Laffer Curve. Anyone know what this says? It says that at this point on the revenue curve, you will get exactly the same amount of revenue as at this point. This is very controversial. Does anyone know what Vice President Bush called this in 1980? Anyone? Something-d-o-o economics. “Voodoo” economics.
How many of you know that Fukushima means “fortunate island“? Hands? Mr. Hand? I like irony except I find that if you just toss your clothes in the dryer for a few minutes you hardly ever have to use it.
Now, how many of you know that Dai’ichi means “number one”?
Dai’ni means “number two”, and now you and Elmo can count in Japanese.
Tepco Plans Radioactive Water Release from Second Plant
By MITSURU OBE, The Wall Street Journal
JUNE 8, 2011, 10:55 A.M. ET
TOKYO-Tokyo Electric Power Co. is planning to release 3,000 tons of lightly radioactive water into the ocean from the Fukushima Daini nuclear complex, the sister plant of the stricken Fukushima Daiichi complex, officials said Wednesday.
The government’s Nuclear and Industrial Safety Agency said the water contains a small amount of radioactive material, including manganese-54 and cobalt-58, but that the amounts are mostly within permissible levels for being discharged into the ocean. The total amount of radioactive materials contained in the 3,000 tons of water is estimated at three billion becquerels, NISA said.
Not that this is the worst news-
Blackout hits Fukushima nuclear plant’s Nos. 1, 2 units
Wednesday 08th June, 06:59 PM JST
TOKYO – The crippled Fukushima Daiichi (that would be number one original for you newly bi-lingual folks) nuclear power plant suffered power outages at its Nos. 1 and 2 reactors temporarily Wednesday, with lights in the units’ central control room being cut off and the transmission of radiation data being partially halted.
The system to transfer data from radiation monitoring posts was found to have partly stopped. The blackout is also believed to have affected the nitrogen supply system for the No. 1 unit’s containment vessel so its operation was stopped manually.
They’re also having humidity problems which they’re going to “solve” by leaving the doors open and letting radioactive vapor vent into the environment.
High Tech, isn’t it?
But wait, there’s more!
‘Melt-through’ at Fukushima? Govt report to IAEA suggests situation worse than meltdown
The Yomiuri Shimbun
Jun. 8, 2011
Nuclear fuel in three reactors at the Fukushima No. 1 nuclear plant has possibly melted through pressure vessels and accumulated at the bottom of outer containment vessels, according to a government report obtained Tuesday by The Yomiuri Shimbun.
A “melt-through”–when melted nuclear fuel leaks from the bottom of damaged reactor pressure vessels into containment vessels–is far worse than a core meltdown and is the worst possibility in a nuclear accident.
The possibility of the situation at the plant’s Nos. 1 to 3 reactors was raised in a report that is to be submitted to the International Atomic Energy Agency.
Have a nice day.