Tuesday, April 7, 2009

Nuclear energy is the next ponzi scheme?

Is the nuclear industry organizing a Ponzi Scheme against the governments and peoples of Ontario , Canada, and the world?

1) Nuclear reactors cost taxpayers billions of dollars

2) Nuclear reactors cost taxpayers billions of dollars, more than stated in the budgets

3) Nuclear reactors require massive taxpayers to maintain, safeguard the spent nuclear waste

4) Nuclear reactors only last about 20 years or so; and then require billions of taxpayers dollars to shut down (think of the fees you pay to throw out your garbage; and multiply by billions!)

5) Nuclear reactors cost billions of taxpayers dollars to construct, maintain, and guard storage site for nuclear reactor waste... for thousands of years!

6) If there were ever a terrorist attack, or major accident, the cost to taxpayers would be potentially trillions of dollars --not to mention the loss of potentially millions of lives....
( Not reasonable comment? Before a successful shutdown, the USA Three-Mile Island reactor officially declared a state of emergency, i.e., possible major radiation leak that would be lethal to humans. But the 1986 Chernobyl nuclear reactor did explode, blowing radioactive dust clouds that exposed millions of people across western Europe and eastern North America. The area around the Chernobyl disaster is still closed, for a radius of 30 km --0ver 20 years later!

7) The nuclear industry tells government leaders and the peoples of the world that nuclear is green, cheap energy, and safe... We are told that if an investment by taxpayers into nuclear energy shall result in cheap, safe energy ... but it seems that taxpayers just continue and continue to pay, for the maintenance, repair, and even the eventual shutdown of nuclear reactors.

8) Please consider the Wikipedia definition of a Ponzi scheme:

a fraudulent investment operation that pays returns to investors from their own money or money paid by subsequent investors rather than from any actual profit earned. The Ponzi scheme usually offers returns that other investments cannot guarantee in order to entice new investors, in the form of short-term returns that are either abnormally high or unusually consistent. The perpetuation of the returns that a Ponzi scheme advertises and pays requires an ever-increasing flow of money from investors in order to keep the scheme going.
The system is destined to collapse...

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