PG&E is an academy for accidental arsonists. It’s gotta go. What we need to do in California is launch a hostile takeover, just like Gordon Gekko in Wall Street. Stockholders, executives and banks are making a killing on private utilities, who have you by the bulbs ...more
California utility company Pacific Gas & Electric Co. (PG&E) is blackmailing the judge overseeing their bankruptcy case by instituting widespread blackouts across California, a utility regulation and power industry company expert claims. “The PG&E Blackout Con is all about ...more
Leaving hospitals, schools and 1 million homes without power — and that means without water — in California is the endgame of deregulation mania. The PG&E greedster bosses should be imprisoned for ...more
“Completely and Utterly Fail in an Earthquake”
The Fukushima story you didn’t hear on CNN
I’ve seen a lot of sick stuff in my career, but this was sick on a new level.
Here was the handwritten log kept by a senior engineer at the nuclear power plant:
Wiesel was very upset. He seemed very nervous. Very agitated. . . . In fact, the plant was riddled with problems that, no way on earth, could stand an earth- quake. The team of engineers sent in to inspect found that most of these components could “completely and utterly fail” during an earthquake.
“Utterly fail during an earthquake.” And here in Japan was the quake and here is the utter failure. …more
by Greg Palast
I need to speak to you, not as a reporter, but in my former capacity as lead investigator in several government nuclear plant fraud and racketeering investigations.
I don’t know the law in Japan, so I can’t tell you if Tokyo Electric Power Co (TEPCO) can plead insanity to the homicides about to happen.
But what will Obama plead? The Administration, just months ago, asked Congress to provide a $4 billion loan guarantee for two new nuclear reactors to be built and operated on the Gulf Coast of Texas – by Tokyo Electric Power and local partners. As if the Gulf hasn’t suffered enough.
Don’t check the casket. I know he’s back. When I saw those lights flickering out at La Guardia Airport yesterday and heard the eerie shrieks and moans in the dark, broiling subway tunnels, I just knew it: Ken Lay’s alive! We can see his spirit in every flickering lightbulb from Kansas to Queens as we head into America’s annual Blackout season. …more
Excerpted from Armed Madhouse
May 17, 2001. In a room at the Peninsula Hotel in Beverley Hills, the Financial Criminal of the twentieth century, not long out of prison, met with the Financial Criminal of the twenty-first century who feared he may also have to do hard time. These two, bondmarket manipulators Mike Milken and Ken Lay, no-yet-indicted Chairman of Enron Corporation, were joined by a select group of movers and shakers – and one movie star. …more
Ken Lay Will Get Away with his Real Crimes
Al Capone cut throats, machine-gunned people to build his gang and went to jail””for not filing his taxes properly. Likewise, Ken Lay, buccaneer of the power industry, will go down””if the jury doesn’t buy his alibi””for not filing his SEC forms properly. …more
While we were in jail in Washington during the war in Vietnam, my comrades and I spent part of our night as guests of the state singing several choruses of the song, 'Waist Deep in the Big Muddy'. ...more
GOV. George E. Pataki says he is mailing out checks of $100 to $232 to every home on Long Island, a bonus as part of Mr. Pataki's plan to cut electric rates 23 percent. ...more