Saturday, March 26, 2011

Fukushima - cui bono?

A lot of us know that Larry Silverstein made an absolute fortune on insurance claims on the twin towers after 911. He took over the lease of the complex a few short months before the event, took out a specific 'terrorist' insurance clause on them, and eventually received two huge pay-outs, as there were two buildings (after appeals). The twin towers were due to be demolished, at great expense, because of the presence of asbestos in the buildings. Presumably that expense would have had to be borne by the leaseholder of the buildings.

We also found out that not only did the CEO of BP sell over half of his shares just before the Gulf of Mexico oil blast and subsequent deadly 'spill', but that Goldman Sachs also shed a lot of their holdings in BP, whilst BP itself mysteriously bought up a huge clean-up operator, again just before the blow-out. A prominent BP critic and oil expert - Matt Simmons - wound up dead 'unexpectedly'.

Now we hear that the Fukushima Nuclear Power station is in fact owned, as are many others in Japan, by the huge American Corporation General Electric (GE) - head offices Rockerfeller Plaza, New York. The second largest corporation in the world, after JPMorgan Chase. We also learn that the Power Plant was due to be closed down today, due to it being old and dangerous, no doubt at great financial cost to its owners. Luckily it blew up, and is probably now an insurance job. Max Keiser calls it 'disaster capitalism'.

Little by little, those of us still capable of critical thinking have pieced together this narrative, and can see where it is all leading. Others flounder around in the more socially acceptable political paradigm of 'cock-up theory' as an explanation of current events. Good luck with that:

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