Super Tuesday – Live Blog Part Two – Update: Santorum Wins North Dakota, Romney Wins Idaho

By: Tuesday March 6, 2012 6:27 pm

It is Super Tuesday with 10 states voting: Alaska, Georgia, Idaho, Massachusetts, North Dakota, Oklahoma, Ohio, Tennessee, Vermont, and Virginia. You can find my primer for tonight here and find part one of the live blog here. Real time results can be found at Politico or Google. To recap: So far Newt Gingrich won Georgia. [...]

Super Tuesday – Live Blog – Update: Gingrich Wins Georgia – Romney Wins Massachusetts, Virginia and Vermont – Santorum Wins Tennessee and Oklahoma

By: Tuesday March 6, 2012 3:59 pm

It is Super Tuesday in the Republican presidential primary. This is the single biggest day in the primary with roughly 20 percent of the delegates at stake. People are voting in ten states today: Alaska, Georgia, Idaho, Massachusetts, North Dakota, Oklahoma, Ohio, Tennessee, Vermont, and Virginia. You can find my primer for tonight here.

Super Tuesday Primary Primer

By: Tuesday March 6, 2012 11:00 am

Today is the all important Super Tuesday. Ten states with nearly 20 percent of the total delegates are voting in the Republican presidential primary: Alaska, Georgia, Idaho, Massachusetts, North Dakota, Oklahoma, Ohio, Tennessee, Vermont, and Virginia. Here’s a summary of what to expect in each of these states and what the polls are saying.

Newt Gingrich Holds Massive Lead in Georgia

By: Monday March 5, 2012 7:40 am

On Super Tuesday tomorrow, Newt Gingrich is at least assured one victory in his home state of Georgia, where his support is about double that of Romney. But a big Gingrich win here may actually help Romney by keeping his foes divided.

Nuclear “Renaissance” Meets Economic Reality, But Who Gets the Bill?

By: Friday February 24, 2012 3:15 pm

The real profits in the nuclear racket come from the ability to collect on services not rendered and a product not delivered, or at least not delivered regularly. Because the system backstops the financing of nuclear facilities while also allowing plant operators to pass both real and anticipated costs onto ratepayers, many American taxpayers are poised to pay twice for nuclear power plants that don’t produce power.

NRC Vogtle Reactor Approval Should Blow Lid Off Nuclear Finance Scam

By: Friday February 10, 2012 3:22 pm

Political activists were rightfully outraged when the Bush administration fought tooth-and-nail to keep the minutes of Vice President Dick Cheney’s energy task force secret. Now, aside from the good people at SACE, who else is working to uncloak an equally secretive–and equally offensive–Obama energy deal?

Nuclear Regulatory Commission Ignores Fukushima, Green-Lights First New Reactors in 34 Years

By: Thursday February 9, 2012 5:46 pm

The Nuclear Regulatory Commission has granted a construction and operating license to Southern Co. for two reactors to be added to its Plant Vogtle facility in Georgia. The OK is the first granted by the US regulator since 1978.

The Party Line – September 30, 2011: No Will, No Way: Nuclear Problems Persist, But US Fails to Seize Fukushima Moment

By: Friday September 30, 2011 4:55 pm

As September drew to a close, residents of southwest Michigan found themselves taking in a little extra tritium, thanks to their daily habit of breathing. The tritium was courtesy of the 40-year-old Palisades Nuclear Generating Station in Covert Township, which suffered its third “event” (as they are politely called) in less than two months, and was forced to vent an indeterminate amount of radioactive steam.

The reactor at Palisades was forced to scram after an accident caused an electrical arc in a transformer in the DC system that powers “indications and controls“–also known as monitoring devices, meters and safety valves.

While it is nice to see rectors shut themselves down when a vital system goes offline, remember that “turning off” a fission reactor is not like flicking a light switch. Shutting down a reactor is a process, and the faster it is done, the more strain it puts on the reactor and its safety and cooling systems. And even after fission is mitigated, a reactor core generates heat that requires a fully functional cooling system.

S&P’s History of Relentless Political Advocacy

By: Monday August 8, 2011 7:00 am

If the rating agency’s entire argument was that the political system showed itself to be “less stable, less effective, and less predictable” during the debt limit debate, and that this failure of policymaking and institutional capability increases the chances of default, I don’t have much to argue about that. But, there’s a policy response for that. S&P could do exactly what Moody’s did and call for the debt limit to be extinguished, on the grounds that the legislative branch shouldn’t get to vote twice on funding, once when they appropriate it and another time when they decide whether or not the bill should be paid. If they really wanted to exert some influence on behalf of bondholders, they could have said that they would downgrade US debt further if the debt limit isn’t abolished within 90 days. Since the brinksmanship over the debt limit constitutes the biggest – perhaps the only – threat to paying off US sovereign debt, then the appropriate action for entities judging creditworthiness is to ask that the country in question eliminate the arcane and also dangerous practice.

But that’s not S&P’s only rationale.

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