Even on Fox. I caught a bit of O'Rielly last night and he gave the impression that a "meltdown" would result in a nuclear bomb explosion and resulting fallout
Hey dumbasses, General Electric is a huge stakeholder and benefactor of Nuclear power!
Thought is Westinghouse has an upper hand with its newest NucPlant design. The US, Europe, etc were on the cusp of licensing several sites. Those nearly certainly would have been dominated by Westinghouse. Not saying GE had a direct hand in contents or direction of the story, but the story does just happen to buy GE some catch-up time. Comprende?
But there's sweet little Chris in front of the camera, talking about the eminent need to evacuate Tokyo.
GE stocks dropped for a reason.
quote:Define 'better'. If part of that definition is predicated on result/ROI, your lack of 'doubt' would be well placed in in the case of several posters on this board.
I have no doubt that the poliboard has better information than the markets
I heard that. He was really ticked at the coverage. He also cited some interesting statistics about Chernobyl, showing that it was not nearly the disaster the media made it out to be.
quote:You guess quite a bit.
I guess Mika doesn't show enough leg on her show.
Actually, GE still owns a large share of MSNBC.
Undisclosed NBC Conflict of Interest Again Arises in Annual 'Green Week'
By Lachlan Markay
November 16, 2010
On Sunday, NBC Universal launched its annual "Green Week," as part of the company's "Green is Universal" environmental awareness campaign.
. . .
GE stands to make millions from Democrats' "clean energy" agenda. The company has invested massive amounts of money in technology that can only be profitable through government intervention or subsidization.
Chief among federal policies from which GE would enormously benefit is cap and trade.
A cap and trade regime would establish a previously-nonexistent market for carbon credits. GE, which was a lead lobbying force for cap and trade and is a member of the pro-C&T "Climate Action Partnership," established what it called "Greenhouse Gas Services," a venture that invested in carbon credits. Those credits are completely useless unless the government, through a cap and trade scheme, establishes a market for them by requiring that all carbon-emitting businesses buy those credits to be allowed to pollute.
In other words, GE spent millions of dollars on a venture whose profitability depends on policies that its media arm, NBC Universal, shills for under the guise of "environmental awareness."
And GE's financial stake in left-wing climate legislation goes far beyond the current political nonstarter of cap and trade. The Washington Examiner's Tim Carney has reported extensively on GE's investments in "green" technology:
GE spends millions lobbying to protect and expand the cornucopia of wind subsidies that includes a "production tax credit" for wind farms, government mandates on utilities to buy wind power and local subsidies. In one case in upstate New York, the GE turbines will be powering a wind farm completed using eminent domain.
GE’s coal gasification, solar power generation, electric cars and biodiesel businesses are the same: Consumers and investors acting with their own money would not patronize these technologies, but Congress, acting with your money, will. GE’s $20 million annual lobbying budget sees to it.
GE has also launched a venture dealing in "greenhouse gas credits," which are literally worthless until Congress starts limiting greenhouse gas emissions. Throw in the expensive but unattractive light bulbs they’ve convinced Congress to mandate, and the pattern is clear.
Carney also noted that GE "has hitched its profits to its lobbying successes." Success in lobbying is of course synonymous with success in getting legislation through Congress. And building public support for such legislation is a fundamental element of getting that legislation passed. . . . . .