Wednesday, May 17, 2017

Westinghouse Will Not Continue With Nuclear Projects--Great News!

The best news I've heard all week involves Toshiba-owned
Westinghouse, which has declared bankruptcy after years of
error and criminal accounting asset overstating woes. The firm
looks to be backing out of the southern U.S. nuclear projects
in Georgia and South Carolina, both of which are mired in
huge cost overruns and completion delays.

The new nukes, however, aren't exactly dead yet, as Southern
Co. and Scana Corporation are in embattled negotiations with
Westinghouse over the uncompleted nuclear reactors. Suggested
solutions range anywhere from converting the nuclear technology
to gas,  to abandoning  the projects entirely. Westinghouse
wanted out of their agreements with Southern and Scana via their
bankruptcy filing; some decisions are expected early in June.

This world needs more nuclear reactors about as much as we
need more wars; anything that delays or ends more nuclear
construction should be hailed as very good news for the
planet, excepting those interests profiting from said technology.

Sadly, small contractors and employees may well be hurt in
the ongoing kerfuffle, but they are defending themselves
through legal means...

Here's hoping THEY get good news!

Friday, May 12, 2017

Re: Comey: Obama, Trump and a Missed Opportunity

Timing is important, never more so when controversial
decisions are taken at the national level. Trump once
again appears tone deaf, with respect to his firing of FBI
Director James Comey at the height of investigations into
allegations of  the Trump Campaign's colluding with the
Russians. The Don's timing seems suspicious indeed.

President Obama missed an opportunity in October 2016,
when Director Comey publicly shared his decision to reopen
the Clinton personal email case. I would have fired Mr.
Comey right there and then, because of his public,
ill-timed announcement, against all previous protocols
at the FBI. Comey himself had implied he realized his
reopening the Clinton investigation might affect the
election; but subsequently, no charges were filed.

Both presidents, by not acting and acting too tardily,
missed an opportunity and showed poor judgement...

As Mr. Trump recently remarked, the job of U.S.
president isn't as easy as it looks.