Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

Well Greek is a bit of a baster !

Back from wanderings around France.

Amazed to see the amount of money that the government is ploughing into the infrastructure to maintain economy and preparing for any future uprise in the "world economy" and at the same time reduce their unemployment and booste it to a certain degree.

Interesting to opinions of many French and other europeans on UK problems. Mind wiith continuing devaluation of the Sterling against the Euro it is failrly obvious what the general opinion of Geogie's economic revival will be.

But, this morning it was nice to hear George bleating away again, defending his economic non policies.

IMF says no changes are needed to UK economic policy

http://www.bbc.co.uk/news/business-13668574

The International Monetary Fund (IMF) has concluded that no changes are needed to UK economic policy.

It said weak economic growth and rising inflation had been "unexpected", but that they were "largely temporary".

But its annual report warned that "there are significant risks to inflation, growth and unemployment", which may need a policy response.

It predicted the UK economy would grow 1.5% in 2011, down from its forecast of 1.7% in April and 2% in November 2010.

But it maintained its medium-term forecast at 2.5%.

It seems the IMF are happy to have UK's economy to steer on to the rocks.

Growth down, gross income down unemployment up.

But suggestions of tax cuts on the way.

Bonkers.

Hays,

You and I are "temporary".

Sometimes temporary is a hell of a long time.


If I had a "small holding and had an increase in the number of dependants it needed to support I wouldn't rest half of the employees, I would employ them to produce more for all.

Maggie would have understood corner shop economics, as she never rose above her pedigree.

PS.

When the pound and euro are one to one, will it be cap in hand time for Cameron and Osborne to ask for a bail-out.

Or perhaps they have Euro accounts.

I see that Cameron has demoted himself to Minister of Health.

Oh forgot, and he is now Justice Minister.

What a talented fellow he is.

Now all he has to do is get out of reverse gear and the brake and find first gear.


Mind in a few weeks, Georgie might be looking for a new job.

http://uk.reuters.com/article/2011/06/08/uk-britain-rating-report-idUKTRE75717920110608?feedType=nl&feedName=ukdailyinvestor



LONDON | Wed Jun 8, 2011 9:05am BST

(Reuters) - Britain is at risk of losing its prized triple-A credit rating if growth remains weak and the government fails to meet its debt-cutting target, a senior analyst at Moody's was quoted as saying on Wednesday.

The government aims to virtually eliminate a budget deficit of around 10 percent of GDP over the next four years, but lacklustre growth has caused some people to doubt whether it will meet this target.

In an interview with news agency Market News International, Moody's analyst Sarah Carlson said that Britain's weaker growth prospects this year and next did not alone cast doubt on the UK's sovereign rating.

"We believe that slower growth combined with weaker-than-expected fiscal consolidation efforts could cause the UK's debt metrics to deteriorate to a point that would be inconsistent with a Aaa rating," she told MNI.

(Reporting by Fiona Shaikh)

The blessed leader Cameron seems to be led by the party's tail.

Can somebody inform him leaders are supposed to lead, not follow public opinion.

Mind when you don't have any thought out policies, what can you expect from somebody than to fall back on his work experience as a PR agent.

1/1/11, 1/11/11, 11/1/11, 11/11/11 and that's not all...
Take the last two digits of the year in which you were born - now add
the age you will be this year,
The results will be 111 for everyone in whole world. This is the year of
the Money!!!
The proverb goes that if you send this to eight good friends money will
appear in next four days as it is explained in Chinese FENGSHUI.
Those who don't continue the chain won't receive.......
It's a mystery, but it's worth a try. good luck!=

--------------------------------------------------------------------------------

k

Er - have a look at July 2016, 2022, 2033...............................

Don't blame me, your to clever. Lol

Exploring Hydrocarbon Depletion


--------------------------------------------------------------------------------

Submit News
What is PO?
Peak Oil News
Active Discussions
All Forums
About Us


Member Quote

And thus we stand at the precipice -Loki
Peak Oil is You



You are not logged in.

Username
Password
Log me on automatically each visit

Register
I forgot my password
Page added on June 9, 2011
1591 Votes

iEvacuation zone, permanent, expanded as radiation expands

Japan has doubled its estimate of the amount of radiation spewed out by the Fukushima nuclear plant in the week after the crisis began. It comes after confirmation that plutonium has been found outside the facility for the first time.

Even before these revelations Japanese authorities were urging residents living just outside the Fukushima no-go zone to leave. Thousands are now packing up and evacuating, fearing radiation in soil and the atmosphere could lead to health problems, especially in children.

One of the districts being evacuated is Iitate, less than 40 kilometres from the crippled plant.

North Asia Correspondent Mark Willacy filed this report for PM.

(High pitched beeping)

MARK WILLACY: Its a piercing sound you cant get out of your head, the constant clicking of a Geiger counter. Travelling into Fukushima, just a few dozen kilometres from the crippled nuclear plant, these radiation readers are an essential device.

And its clear, looking at the readings in the Iitate district, that its time for people to go.

(A cow mooing)

For cattle and crop farmer Takeshi Yamada it means moving his family out of the home theyve lived in all their lives. It also means selling off his pampered Wagyu cattle.

(Takeshi Yamada speaking)

At first my anger was boiling, but now its passed its peak, he tells me. But I still feel very confused because our home wasnt destroyed by the earthquake or the tsunami. Instead we have to move because of radiation, the farmer says.

But some here are ignoring the governments plea to evacuate voluntarily.

Yoshitada Yamada runs a small semi-conductor business which supplies some of Japans biggest car and electronics firms. And while half of his employees have packed up and left Iitate, others are hanging in there.

(Yoshitada Yamada speaking)

Although this area was designated an evacuation zone, my workers wanted to continue to work here, he tells me. So we use a Geiger counter to check radiation levels twice a day, he says.

Yoshitada Yamada is among several hundred Iitate residents out of a total population of 6,000 who are refusing to budge. Those who are leaving go not knowing when theyll be allowed back.

Until this nuclear disaster, Fukushima was celebrated for its farm products. Now, like Chernobyl, it will be associated with radioactive contamination.

(Takeshi Yamada speaking)

Yes I worry about that, says farmer Takeshi Yamada. Unfortunately its not just rumour but fact because readings show a high level of radioactivity in vegetables from here. I dont think well be able to grow anything from here for at least 10 years, he says.

For the people of Fukushima, leaving is hard enough; not knowing when theyll be able to return is even more painful.

This is Mark Willacy in Fukushima for PM.

Japan unprepared for Fukushima accident
Thursday, Jun 09, 2011
In a report on the Fukushima accident, the Japanese government has recognized deficiencies in preparedness and responses. However, it insists that lessons will be learned from the accident.

The government has prepared the report ahead of the International Atomic Energy Agency (IAEA) ministerial conference on nuclear safety scheduled to take place later this month. The report, it says, "is a preliminary accident report, and represents a summary of the evaluation of the accident and the lessons learned to date based on the facts gleaned about the situation so far."

After the huge earthquake and subsequent tsunami struck on the afternoon of 11 March, the nuclear accident "followed at an unprecedented scale and over a lengthy period," the government said. It added, "For Japan, the situation has become extremely severe since countermeasures to deal with the nuclear accident have had to be carried out along with dealing with the broader disaster caused by the earthquake and tsunami."

The magnitude 9 quake subjected the Fukushima Daiichi plant to forces much greater than the plant was designed to withstand. However, the six reactors at the plant, as well as the four units at the nearby Fukushima Daini plant, appeared to have survived the earthquake relatively unscathed. "Although damage to external power supply was caused by the earthquake, no damage caused by the earthquake to systems, equipment and devices important for nuclear reactor safety has been confirmed," the report said. "However, further investigation should be conducted as the detailed status remains unknown."

It was the subsequent huge tsunami, however, that inundated the plants and damaged power grids in the region that ultimately led to the loss of back-up power and cooling functions at the reactors and used fuel ponds.

The tsunamis that hit the Fukushima Daiichi plant were 14-15 metres high, the report said, "substantially exceeding the assumed height by the design of construction permit or subsequent evaluation ... The assumption on the frequency and height of tsunamis was insufficient, and therefore, measures against large-scale tsunamis were not adequately prepared."

"The recurrence of large-scale earthquakes is expected to be appropriately considered," the government said. "Moreover, residual risks are required to be considered. Compared with the design against earthquake, the design against tsunamis has been performed based on tsunami folklore and indelible traces of tsunami, not on the adequate consideration of the recurrence of large-scale earthquakes in relation to a safety goal to be attained."

The report noted several issues that made bringing the accident under control more difficult. These included the life of the emergency batteries on the site being short compared with the time required to restore an external power supply. The accident also occurred at more than one reactor at the same time. The close proximity of the reactors, with some facilities being shared between units, also complicated response efforts. The used fuel pools being situated above the reactors at the Fukushima Daiichi units also presented problems, as did contaminated water being able to flow from the reactor buildings into the turbine buildings. Furthermore, hydrogen explosions "aggravated the accident."

Some accident management measures taken at the plant in an effort to stop the accident reaching a 'severe' level, and to mitigate consequences in such a case, "turned out to be inadequate." The report noted, "Although some part of the measures functioned, such as alternative water injection from the fire extinguishing water system to the reactor, the rest did not fulfil their roles in various responses, including ensuring the power supplies and the reactor cooling function."

Lesson to be learned
"This accident led to a severe accident, shook the trust of the public, and warned those engaged in nuclear energy of their overconfidence in nuclear safety," the government said. "It is therefore important to learn lessons thoroughly from this accident." It added, "We consider it inevitable to carry out a fundamental review on nuclear safety measures in Japan based on these lessons. Some of them are specific to Japan."

With regards to Japan's current regulation of its nuclear industry, the report claimed, "It was not clear who has the primary responsibility for providing sufficient activities to ensure citizen's safety in an emergency. Also, we cannot deny that the existing organisations and structures made mobilization of capabilities difficult to promptly respond to such a large-scale nuclear accident." As a result, the government said that it would work towards making the nuclear regulator more independent by separating the Nuclear and Industrial Safety Agency (NISA) from the Ministry of Economy, Trade and Industry (METI), which promotes the use of nuclear energy. In addition, it will "review regulatory and administrative frameworks on nuclear safety and a structure of environment monitoring operation." It also stated, "We will be committed to reviewing and improving the legal structures on nuclear safety and nuclear emergency preparedness and related criteria and guidelines."

The government said that it is "taking very seriously the fact that the accident, triggered by a natural disaster of an earthquake and tsunami, became a severe accident due to such causes as the losses of power and cooling functions, and that consistent preparation for severe accidents were insufficient. In light of the lessons learned from the accident, Japan has recognised that a fundamental revision of its nuclear safety preparedness and response is inevitable." It noted, "It is necessary for Japan to conduct national discussions on the whole concept of nuclear power generation while disclosing actual costs of nuclear power generation including for securing safety."

"This nuclear accident has turned to be a major challenge for Japan, and Japan is now responding to the situation, with the relevant domestic organisations working together, and with support from many countries around the world," the report said. "Japan also takes it very seriously and with remorse that this accident has raised concerns around the world about the safety of nuclear power generation. And above all, Japan feels sincere regret for causing anxiety among the people all over the world about the safety of nuclear power facilities and the release of radioactive materials."

However, the government stated, "We are prepared to confront much difficulty towards restoration from the accident, and also confident that we will be able to overcome this accident by uniting the wisdom and efforts of not only Japan, but also the world."

The IAEA ministerial meeting is set to take place in Vienna between 20 and 24 June with the primary purpose of drawing on the lessons from the Fukushima accident in order to strengthen nuclear safety throughout the world..

sed Rape As Weapon Of War'Sky News - 2 hours 45 minutes ago'Not The Time' For An Interest Rate RiseSky News - Thu, Jun 9, 2011.......N.Z. school red-faced over rude prank on Internet

By Nicholas Kamm | AFP Wed, Jun 8, 2011
....tweet1EmailPrint......Related Content.
..
Enlarge Photo.A woman looks at a view of a city on Google Earth in Washington, D.C, 2005. New Zealand
....New Zealand students have put their school on the map by etching giant phallic symbols onto its playing fields with weedkiller, in a prank immortalised on Internet satellite service Google Earth.

While the stunt took place more than two years ago, its effects coincided with satellites taking photographs of Hamilton for Google Earth, meaning web users cop an eyeful whenever they view Fairfield College.

Local resident David McQuoid told the Waikato Times he was online searching for a property when he came across the crude etchings, some of which measure almost 15 metres (50 feet) long.

"At first I thought it was a large piece of art work," he told the newspaper.

The school's acting principal Gerhard van Dyk was less convinced of the symbols' artistic merit, telling the Times he had been unable to catch the pranksters, who burned the phalluses into the grass on a weekend in May 2009.

By the time he arrived at the school the next Monday, the grass was already dying and giant penises were emerging all over the property.

A total of six became apparent in subsequent days, as school authorities scrambled to cover them up.

"There's not really much we could do about it," he said. "The caretaker took some more weedkiller and tried to camouflage it a bit."

Van Dyk said he would contact Google about removing the etchings but the Internet giant told the Times that they could not be blurred, as Google Earth images came directly from satellites, unlike those used for Google Street View.

Online reaction to the stunt on Fairfax Media's stuff.co.nz website was mostly positive, with one reader commenting: "A funny harmless prank, much better than the kids robbing houses or burning down buildings."

However, there was some outrage, including a reader who posted: "This is not funny, what a sick sense of humour you people have... This shows the twisted minds of today's youth."
...

I appreciate the posts on MoneyAm are properly regulated compared to other similar sights, but I have just had a post rejected through inappropriate language because I posted that, "In the past there have been some idiots post on this thread".

I replaced the word, 'Idiot' with 'Childish' and it was accepted.

A case of MoneyAm going too far!

You should have replaced it with retard , am sure you would have no problem's with that unless its been replaced with Childish , then am wrong.

I would like to have sight of the site where you published childish instead of idiot.

But I think retard would do for an Aid on some of these threads.

8-)

If they allow fred to post then they should accept the truth!!

HOW TO SAVE THE AIRLINES:

First, dump the male flight attendants. No one wanted them in the first place.
Second, replace all the female flight attendants with good-looking strippers! What the hell!! They don't even serve food anymore, so what's the loss?
The strippers would at least triple the alcohol sales and get a "party atmosphere" going in the cabin.

And, of course, every businessman in this country would start flying again, eager to see naked women.
Because of the tips, female flight attendants wouldn't need a salary, thus saving even more money.
Muslims would be afraid to get on the planes for fear of seeing naked women. Hijackings would come to a screeching halt, and the airline industry would see record revenues.

This is definitely a win- win situation if we handle it right -- a golden opportunity to turn a liability into an asset.
Why didn't Bush or Obama think of this? Why do I still have to do everything myself?
Sincerely,
Bill Clinton

This is me,

Having strippers on an airline would be highly dangerous. Just think of all that testosterone flying about (pun intended).
As for myself, I would find it very uncomfortable, remember most airlines only have so much leg room (think about it). Also in an emergency, it might prevent me getting out the emergency exits.
I love the comment re hijackers. It would also make it much harder (no not that) for them to spot the Air Marshalls, as it would make their weapons harder to spot.

Note..........Funny how most Muslims are taught that seeing naked women who they are not married to is wrong, and yet if they carry out Jihad, they are promised several virgins when they die.

Greek.