January 25, 2006

Nuclear Greed


“There is no calamity greater than lavish desires. There is no greater guilt than discontentment. And there is no greater disaster than greed.” (Lao-Tzu, 604 BC - 531 BC, from The Way of Lao-Tzu)


Ohio nuclear plant to pay up for leak

Penalties will total $28 million. Workers had tried to cover up the extensive damage.

By M.R. Kropko

Associated Press

CLEVELAND - The owner of an Ohio nuclear plant yesterday agreed to pay a record $28 million in fines, restitution and community service over the cover-up of an acid leak that nearly ate through the reactor vessel's 6-inch-thick steel cap.

FirstEnergy Corp. acknowledged that workers at its Davis-Besse plant concealed the damage - the most extensive corrosion ever reported at a commercial U.S. nuclear reactor.

The utility and the Nuclear Regulatory Commission concluded that the boric-acid hole had been growing for at least four years and that Davis-Besse's managers had ignored and withheld the evidence because they were more interested in profits than safety at the plant, along Lake Erie about 30 miles east of Toledo.

On Thursday, a federal grand jury indicted two former Davis-Besse employees and a contractor on charges of hiding the damage from regulators.


I would like to ask the free market conservatives out there who oppose strict government regulation of the energy industry what they would do in such a case. After all, were it not for the regulatory agency that routinely inspects and enforces safety codes, this particular problem could have reached catastrophic proportions before coming to light. The owners themselves, left to their own designs, would have never fixed the leak were it not for fear of potential shutdown and prosecution.

Had this particular event been an isolated accident, I wouldn’t be ranting about it. Accidents do happen, though we can proactively reduce the risk by taking proper measures. The real story here is the planned and deliberate conspiracy to cover-up the problem. Needless to say, FirstEnergy kept it well hidden from the public view. It’s not as if anyone from the ‘public’ ever gets a view from the inside of the reactor anyhow. To keep it hidden, however, from the government safety inspectors, who represent the public interest, and to do so based upon profit motive, is just pure and unadulterated evil. It shows that they have no regard for us at all.

I fully support the use of nuclear power for the peaceful and efficient production of energy. It is safe when run properly, but it becomes unsafe quickly when avarice overpowers the needs of public safety. This same principle applies to all industries. A highly regulated energy policy is what we must have to protect the people from the deliberate neglect of safety standards and the environmental hazards created by the burning desire of a few to put a few more schillings in the bank.

I also support the full nationalization of the energy industry. This notion that competition keeps consumer prices down is sheer nonsense. There is no competition! If we nationalize, then we can finally eliminate the obsessive-compulsive desires for huge profits, and what profits do accrue will be returned to the people in the form of social programs or other necessary government functions. The billions and billions of energy profit-dollars currently flowing into the off-shore accounts of a select few robber barons can then flow back to the people who pay from their hard-earned wages for that service.

These corporations don’t care about us at all. It is time we stopped caring about them, too. Let’s call for nationalization. Their greed is making us all poorer while endangering our lives without remorse.

6 Comments:

At 7:05 PM , Blogger The Jewish Freak said...

When you nationalize, you remove any semblance of efficiency. Have you ever been to the DMV?

Signed, The only conservative skeptic on Earth.

 
At 7:31 PM , Blogger Shlomo Leib Aronovitz said...

JF,

How efficient is the system now? I've had to deal with power companies and their brokers and I can promise you, there is nothing efficient about them. Just try getting information on your bill.

We also have a the free market unregulated energy system that shut itself down entirely because they refused to spend the money needed to upgrade their lines.

We also have the unregulated power market scheming to create shortages and outages to raise prices.

Not efficient. Just plain criminal.

 
At 8:40 PM , Blogger The Jewish Freak said...

I admit, I have not researched this issue as well as you, I am just not a big fan of government regulation.
BTW, Welcome to my list of "Fine Jews"

 
At 9:31 PM , Blogger Shlomo Leib Aronovitz said...

Wow. Excellent comments all the way around.

Hrafnkel,

I suggest going much further than strict regulation, but you knew that already. I agree with your distinction between necessities and non-necessities, and therefore, I would not advocate nationalization of the VCR or PC industry as an example. In such cases I say let the free market reign more or less unfettered.

Kol Tuv

JF? An apikores on the "Fine Jew" list? Have you gone mad? LOL

 
At 10:23 PM , Blogger The Jewish Freak said...

SL: Are you kidding? An apikores who learns gemara? That is the height of learning lishmah! If that's not the mark of a fine Jew, I don't know what is.

 
At 6:37 AM , Blogger Shlomo Leib Aronovitz said...

HFrankel & JF,

As you know, the Progressive in me (part Teddy Roosevelt, part Leon Trotsky, but mostly Eduard Bernstein)believes that government can and should play a positive a proactive role in providing the basic needs of its constituents i.e. health care, defense, public safety, consumer protections, education, public works, etc.

Lets get to core of our disagreement overall. There is the ntion that 'big government is always bad' and those same people also push for market solutions to fix societal problems. The 'big government' claim is made in order to bolster larger markets, by taking these function out of the non profit public sector.

Many arguments with conservatives come down to one claim and one claim only; the unwavering faith that the 'market' would solve any and all problems if it were only permitted to do so. I mean no offense, but that sounds to me like some messianic faith healing (If you would just let Jesus... or the Market Forces.... into your heart!)

This belief ties in with greed. It becomes the religion of greed and thats why it goes unquestioned. Any questions of it or attempt to curb it receive vehement oppostion.

To be fair, many of my fellow socialists/progressives view any or all of their ideals as dogma as well, and I oppose implementing any political or economic system based upon such an approach. I do my best to view things through a scientific methodology mixed with empathy and compassion.

The sentiment drives the car, but it can't build the car.

Kol Tuv

 

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