Obama Asks Congress for $9 Billion for Nuke Reactors for GE, Toshiba & other corp's

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http://org2.democracyinaction.org/o/5502/p/dia/action/public/?action_KEY=4923

From Nuclear Information and Resource Service

Tell Congress Now: Stop $9 Billion in New Nuke Loans. No More Taxpayer Bailouts for Giant Corporations!

December 7, 2010

The Obama Administration is asking Congress, as one of its last acts during this lame duck session, to sneak in $9 Billion for taxpayer loans for new nuclear reactor construction as part of its upcoming "Continuing Resolution" to keep the government funded.

This is at least the fourth attempt this year to increase the money available for new reactor "loan guarantees" (actually, these would be loans from the government's Federal Financing Bank)--despite the fact that the Department of Energy has not been able to spend the money it currently has available for such loans--it still has $10.2 Billion in unspent money available!

This money would go to some of the world's largest corporations; companies like Electricite de France, Toshiba directly, Westinghouse (owned by Toshiba), General Electric, and so on. When will Congress learn that taxpayers don't want to subsidize giant corporations, especially when they want to build dirty and dangerous new nuclear reactors in our communities!

With your help, we beat back the first three attempts to increase funding for this program. This one will be the hardest to beat yet, since the Administration's request is wrapped up in a larger package. So we need the loudest outcry possible. Please send a letter to your Senators and Representative below.

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[chimpymustgo]

1. REEEEEAAAAALLLLLYYYYY????? Sonofabitch.

[wordpix]

2. I guess this is "appeasing the independents" some more

The reason given for not fighting against tax cuts for the rich.

[Catherina]

3. NO! Not just hell no, but fuck no! Rec'd n/t

[Autumn]

4. Are there no poor people left that a Democratic

President could be concerned about? You know the poor and elderly and disabled. Guess it's all good though, the wealthy class got a wad of cash, the lucky working class got a little cash, some people who are unemployed got temporary help, and of course let's not forget the corporations. The rest of America got the shaft.

[Skidmore]

5. Did anyone not hear him say during the campaign that

all alternative energy sources would be included, even nuclear? Why are we shocked now? God...

http://environment.about.com/od/environmentallawpolicy/a/obama_nuclear.htm

"Democratic presidential nominee Barack Obama favors the continued use of nuclear power and sees it as an integral and inevitable part of any effective U.S. energy policy, especially in light of growing concerns about global warming.

Nevertheless, Obama believes the United States must not increase its reliance on nuclear energy until other critical issues, such as national security and nuclear waste disposal, have been adequately addressed. Obama has said, “I don’t think that nuclear power is a panacea” for America’s energy problems."....

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14. giving $9 billion to the corpos to build their plants IS shocking, & most will go to siting

Let them use their own money to start up new nukes. These corpos want the $ to fight whatever local and state opposition comes their way.

[The Straight Story]

6. How is he gonna pay for it? Tax cuts to the rich?

:rofl:

[meow mix]

7. too cheap to meter! as soon as we spend another 9 bil..

promise!

[somone]

8. Ya know, corporations are so cash-poor nowadays

and corporate CEOs are so poorly paid

[Desertrose]

9. NOOOOO!!!!!!!!!!

Is it possible Obama has been replaced by a republican clone???

[Luciferous]

10. Fuck these corporations! This is getting utterly ridiculous.

[Atman]

11. Cheney's plan. But why not just ask the billionaires?

They're being given $700,000,000,000. If a nuke plant was going to be profitable then just a couple of these assclowns could pony up the dough without denting their wallets. But no, N plants are risky money-losers...so get the taxpayer to fund them, then you make your money living off the huge salary you'll get for building them or running them. BRILLIANT! Just be rich, that's all it takes.

[nykym]

12. If it is true

that most corporations are sitting on stockpiles of cash, as reported almost daily. Why the hell do they need guaranteed Government loans. Let then take a risk with their own capital. We need ours for more important things!

[Ichingcarpenter]

13. EMPTY FACTORIES COULD HAVE BE USED FOR ALTERNATIVE ENERGY

Jobs, education centers, technological advancement and

Training centers.... but no

we get this SHIT.

WHERE IS THE VISION?

[bananas]

15. k&r nt