Nuclear Power Is a Government Plot
The disturbing news from Japan — Radiation leaking from quake-hit nuclear plant — reminds us that such an accident would be impossible in a free economy, a case made by none other than Old Right Nader, quoted in an old post — Atomic Corporate Socialism — as observing that "the atomic power industry does not give up... as long as Uncle Sam can be dragooned to be its subsidizing, immunizing partner." He continued:
- For sheer brazenness, ... the atomic power lobbyists know few peers. They remember, as the previous Atomic Energy Commission told them decades ago, that one significant meltdown could contaminate “an area the size of Pennsylvania.”
They know that no insurance companies will insure them at any price, which is why the Price-Anderson Act hugely limits nuclear plants’ liability in case of massive damages to people, property, land and water.