As fate would have it, "Fukushima" means "good fortune island" in Japanese. Nature not only sides with the hidden flaw, it apparently loves a cruel joke.
March 23, 2011
Bad week at the office
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Waldenswimmer
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12:49:00 PM
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Labels: Nuclear disaster in Japan
March 16, 2011
Nuke nomenclature

As the MSM commentariat has become stupider and stupider, it becomes increasingly difficult to tell just what the hell is going on in Fukushima, or, alternatively, just what the Fukushima is going on in Hell.
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Waldenswimmer
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10:31:00 AM
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Labels: Nuclear disaster in Japan
March 15, 2011
We're havin' a meltdown

I've been so remiss with the blog that even Dmitry Orlov is posting more than I do, and he swore off frequent posting over a year ago (he didn't stick with it because this process is somewhat addictive). There's a lot going on, as usual, but I haven't been able to develop any particular "take" on it that inspires me to blog, or even bloog. Anyway, the good Dmitry offered this up today:
You see, you have to be a certain sort of person to say “Sure, using a precariously controlled subcritical nuclear pile to boil water to run steam turbines to generate electricity is a great idea!”
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Waldenswimmer
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12:45:00 PM
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Labels: Nuclear power
February 27, 2011
Austerity, Then & Now
At a very personal, selfish level, I don't really care how "austere" the government decides to become. I don't have any real skin in the game, other than the increasingly perilous adventure of trying to drive on California's potholed roads. America doesn't really have any public amenities which are threatened by greater austerity; for example, we don't have a real passenger rail system, or much of anything in the way of public transportation. The conditions of accommodations and facilities (bathrooms, etc.) in national and state parks are usually a complete disgrace, and so forth. The graffiti-strewn walls, the urban blight, the shitty, cheap, tawdry look of so much of what's been built in this country in the last 60 years, are all reflections of the people who live here, their aesthetic criteria, their social mores. It's how we live and we've all gotten used to it. The public realm in general in the United States is a vast wasteland, in fact, and is the emblem of our governing ethos; to wit, beauty and grace in life are "private virtues" which must be earned and purchased. You must amass enough money to buy your own sylvan enclave, or your house on the beach, in order to escape the crapscape (h/t: James Kunstler) of American life in general. Amazingly, the financial elites who own such an overwhelmingly large proportion of the wealth in this country, and can afford to insulate themselves from the trash heap, have enlisted the help of the some of the most disadvantaged (the Tea Party types and Southern Rednecks, not always the same people) to assist them in enforcing this way of doing things. Thus, the Tea Party has as one of its main platform planks the perpetuation of the "Bush tax cuts," as if such a top-margin benefit could possibly help them at all.
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10:00:00 AM
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Labels: american "economy"
February 22, 2011
Raise High the Tax Level, Carpenters
Faithful reader JM weighs in with the question about raising taxes. There are, after all, two approaches to balancing the budget. My own sense is that there is enough money sloshing around in the American economy to achieve a federal balance without significantly damaging the Lifestyles of the Rich & Famous. It would take two significant moves: One, an increase in the top marginal rate paid by the pluto-oligarchs; and Two, a more rational approach to defense spending which would reduce the outlay to, say, the $500 billion level (and that's everything, tips, gratuities, even the gift bags). To solve Social Security, the cap on the maximum income subject to FICA tax needs to be raised and perhaps titrated, year-by-year, to achieve a balance between outgo and income. And the health care system needs to be nationalized.
Percentiles Ranked by AGI | AGI Threshold on Percentiles | Percentage of Federal Personal Income Tax Paid |
Top 1% | $380,354 | 38.02 |
Top 5% | $159,619 | 58.72 |
Top 10% | $113,799 | 69.94 |
Top 25% | $67,280 | 86.34 |
Top 50% | $33,048 | 97.30 |
Bottom 50% | <$33,048 | 2.7 |
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8:56:00 AM
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Labels: American budget