Money for banks, money for nukes, where is the money for the people

[MadHound]

Obama is now proposing to triple the loan guarantee program for constructing new nukes to 54 billion, despite the fact that we have no solution to the problem of waste and we cannot prevent human error.

While the mantra that surrounds other clean, green forms of energy is that of "free market" and "market forces" apparently the bought and paid for government in DC has no problem giving billionaire nuclear corporations even more money. Free market is all fine and good until your billionaire backers get slapped down by the market, then apparently we must bail them out. And make no mistake, this is a bailout of the nuclear industry.

Meanwhile, with minimal government invest solar has become cheaper than nuclear, not to mention more efficient. Wind power now functions in speeds less than four mph and is set to become cheaper than nuclear as well.

So why are we giving more corporate welfare to an industry that is expensive, dangerous, and an ecological nightmare? Especially when we have cheaper, cleaner alternatives? Well, that's what happens when your backer, in this case the billionaire nuclear corporations, call the tune.

By going to solar and wind we would be shifting the energy generation paradigm. We would be going from a centralized power generation structure to a decentralized one, and the dinosaur energy corporations, including nukes, simply wouldn't survive. But since they have the money, and money talks, we're going to continue to go down the wrong path, making the wrong decisions, dooming us to higher energy costs and an ecological nightmare.

Billions more for corporations, zip, zilch, zero, nothing for the real people in this country that are suffering. Worse, consigning us to higher energy costs and a dirtier environment.

Yep, more of that change that is going to doom us all.

[Demeter]

1. In the Banksters and Nukers Pockets

but mostly banksters. They are behind the nukes, too, to make money hand over fist.

[lamp_shade]

2. Oh boy...

[dkf]

3. If they can't solve too big to fail there will be more money to the banksters.

Yet where is the reform? This is the most important thing we need to do for the people.

[dipsydoodle]

4. Mind over matter

they don't mind that you don't matter.

It really is that simple.

[MadHound]

5. Well, perhaps we should correct that, both this fall and in 2012.

It is foolish to continue to vote for a party that doesn't have your interest at heart.

[lonestarnot]

7. So you're suggesting stay home don't vote?

Hugh ugh.

[ipaint]

6. Exelon.

"Since 2003, executives and employees of Exelon, which is based in Illinois, have contributed at least $227,000 to Mr. Obama’s campaigns for the United States Senate and for president. Two top Exelon officials, Frank M. Clark, executive vice president, and John W. Rogers Jr., a director, are among his largest fund-raisers.

Another Obama donor, John W. Rowe, chairman of Exelon, is also chairman of the Nuclear Energy Institute, the nuclear power industry’s lobbying group, based in Washington. Exelon’s support for Mr. Obama far exceeds its support for any other presidential candidate.

In addition, Mr. Obama’s chief political strategist, David Axelrod, has worked as a consultant to Exelon. A spokeswoman for Exelon said Mr. Axelrod’s company had helped an Exelon subsidiary, Commonwealth Edison, with communications strategy periodically since 2002, but had no involvement in the leak controversy or other nuclear issues."

http://www.nytimes.com/2008/02/03/us/politics/03exelon.html?_r=1&hp&oref=slogin

Business as usual.

[Donnachaidh]

8. carpetbaggery at it's finest -- that's the change the middle class gets

November is going to be very interesting.

[earth mom]

9. I wonder if Gore regrets endorsing Obama?

Because Obama is doing everything that Al would NOT do. :argh:

[whattheidonot]

10. no free market

this good example of no free market help. this would be a good time to let enterprising people thrive and come up with new solutions but it would put pressure on the corporations. the large nuclear plants restrains the newer cleaner markets. It shows how we are sadly attached to the big energy,big corporations, creating a state obsessed with power in all forms. Big energy needs big power and vice versa, no play on words intended. If big energy is broken down, the military, industrial complex is weakened.