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President 'Clean Coal-Clean Safe Nuke Power' Obama - $54 B Loan guarantee...

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SnoopDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:11 PM
Original message
President 'Clean Coal-Clean Safe Nuke Power' Obama - $54 B Loan guarantee...
This makes me sick.

How many Solar Plants can we build with $54 Billion Dollars?
Where is the equal commitment from President Obama for GREEN ENERGY.

Just makes me sick to know our country is wasting away...



...........

U.S. To Back Loan For New Nuclear Power Plant

by The Associated Press
February 12, 2010

President Obama next week will announce a loan guarantee to build the first nuclear power plant in the United States in almost three decades, an administration official said Friday.

The two new Southern Co. reactors to be built in Burke, Ga., are part of a White House energy plan administration officials hope will draw Republican support. Obama's direct involvement in announcing the award underscores the political weight the White House is putting behind its effort to use nuclear power and alternative energy sources to lessen American dependence on foreign oil and reduce the use of other fossil fuels blamed for global warming.

Loan guarantees for other sites are expected to be announced in the coming months, the official said, speaking on the condition of anonymity because the decision had not yet been made public. The federal guarantees are seen as essential for construction of any new reactor because of the huge expense involved. Critics call the guarantees a form of subsidy and say taxpayers will assume a huge risk, given the industry's record of cost overruns and loan defaults.

Even with next week's announcement, actual construction of the first reactor is still years away. The Southern Co. has applied to the Nuclear Regulatory Commission for a construction and operating license for the plant, one of 13 such applications the agency is considering. NRC spokesman Eliot Brenner said the earliest any of those could be approved would be late 2011 or early 2012.

Obama called for "a new generation of safe, clean nuclear power plants" in his Jan. 27 State of the Union speech, and followed that by proposing to triple loan guarantees for new nuclear plants. Obama's budget for the coming year would add $36 billion in new federal loan guarantees on top of $18.5 billion already budgeted - but not spent - for a total of $54.5 billion. That's enough to help build six or seven new nuclear plants, which can cost $8 billion to $10 billion each.

<more>

http://www.npr.org/templates/story/story.php?storyId=123669380&
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gimama Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:21 PM
Response to Original message
1. NOOOOOOO!
HELL, no.
Not only is the risk of "accidents" too high,
"WE" can't even clean up the oil spills properly,
that happen too frequently on the Gulf Coast(last 1 was 2 wks ago)..

But what really is disgusting is the whole mining process of uranium..
poisons ground water, aquifers, & the LAND..forever..
Most of these Lands happen to be in or near Tribal Lands.

Mr. President..WTH??? :nuke:
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xchrom Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:23 PM
Response to Original message
2. Recommend
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Sebastian Doyle Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:25 PM
Response to Original message
3. What happened to this "spending" freeze I heard so much about?
Money for war.... money for wall street whores....money for the most insane forms of "energy" on earth.

Why not a spending freeze on the shit we shouldn't be spending it on in the first place?
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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:26 PM
Response to Original message
4. knr nt
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SnoopDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:32 PM
Response to Original message
5. It's like saying '$54 Billion more for Buggy Whips"....
Edited on Fri Feb-12-10 10:47 PM by SnoopDog
We are actually 'progressing backwards'.

It's always about Corporate Money. A very few, very rich, absolute ruling corporate pricks are holding
not only the country back, but our entire human civilization.

They are holding us hostage - relishing in their 'monthly recurring power payments' while they polute our
habitat, make us sick with their pollution, and kill us because of their greed.
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Lorien Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:45 PM
Response to Reply #5
7. The same old wealthy pricks aren't just holding human civilization back, they're killing it
along with every other thing that grows, walks, flies, swims and crawls on planet earth. They kill beauty and hope every day that they demand that the status quo continue. They'll kill our species soon enough-but only after most life on earth has become extinct and wars, drought, disease and famine have touched us all.
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hansont Donating Member (50 posts) Send PM | Profile | Ignore Fri Feb-12-10 10:40 PM
Response to Original message
6. wow, does nuclear really need the subsidies?
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 10:46 PM
Response to Original message
8. First new nuke plant in nearly 30 years. Shame,
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SnoopDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 11:14 PM
Response to Original message
9. I guess I really didn't expect many comments... I think we are all...
so desensitized to the horrific mismanagement that is occurring to our civilization, our country and our planet...

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G_j Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 11:27 PM
Response to Reply #9
10. I just about forgot
Edited on Fri Feb-12-10 11:30 PM by G_j
:sarcasm:
Obama campaigned on green energy and jobs.
Desensitized is right.
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SnoopDog Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 11:35 PM
Response to Reply #10
11. He came to Reno NV during his campaign and I went to see him...
He was about half way into his speech and he spouted off about 'clean coal'...

I left after hearing that.

He isn't springing any 'about face' policies on us as he said what he said... But, it just hurts to know
a 'democrat' would advocate for regressive power solutions and for corporations over people and progress....
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Tesha Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Feb-12-10 11:50 PM
Response to Original message
12. "Change you can believe in!"
Edited on Fri Feb-12-10 11:51 PM by Tesha
'Sounds almost quaint these days, doesn't it?

Tesha
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MadHound Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-13-10 12:29 AM
Response to Original message
13. Stupid on so many levels,
He's gotta please his corporate masters though.
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Dogmudgeon Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Feb-13-10 12:31 AM
Response to Original message
14. The Nuclear Culture War is over
It used to be our Stem Cells, our Creationism, our Climate Change Skepticism, our War On Drugs, our Prayer-Can-Cure-Cancer, our Cargo Cult, and our own little fear-mongering fright fest.

Now, only the matter of corporate accountability remains. The atom is vindicated; nuclear physics is again a scientific matter. If there are any bad guys, we ought to have at them. (That's why I'm a progressive.) Today we only really have to worry about keeping the Republicans from owning -- "pwn"ing -- the issue. Who would you rather have control it? Progressives and scientists, or reactionaries?

Haven't you ever wondered WHY so http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x7617357">many Democrats and leftists now support nuclear energy? Not everything can be explained by the corporate-money conspiracy, since many of the supporters don't get one red cent from ANYONE in the nuke biz. Most of our remaining anti-nuclear warriors are people who established their leftist credentials in the 1970s and 1980s, and then neglected to keep up with the issue. It became an Article of Faith. But Faith has been replaced by Reason. Leave the Faith to the "People of Faith" on the political Right.

I don't expect anyone to just say, "Hey, that Dogmudgeon dude is totally right, I'm 100% convinced right now!" But I hope at least a few people will give it a new and science-informed look, and avoid propaganda from all "sides".

The 1970s gave us Watergate, polyester, little cigars, spray-on tanning in an aerosol can, the Leisure Suit, singles bars, the rise of the Religious Right, and Disco. Also, an anti-science Culture War that we on the left waged with gusto, but largely without brains. But that was 40 years ago.

Times change. Progress happens.

--d!
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