10 hot particles a day

From the reader this morning…

TEPCO stock took a 28% haircut today as investors realizedthey can't keep the radioactive house of cards standing the Fukushima power plant catastrophe will put the company that generates 60% of all utility power in Japan, out of business. In other words, the chance of TEPCO going the way of Enron just increased 80%. At this point, these analysts are little late to the game, taking their time disseminating information that should have been done months ago. Perhaps a new algorithm (a la Goldman Sachs) is in order for determining TEPCO's stock price. Let's try:

Rd (radiation at reactor dry well) * Rb (radiation at reactor building) * Nr (number of reactors) * Tt (Total radiation released into environment) * Np (number of people with radiation sickness) + I (insurance claims) * A (total area in square miles) = Pf (percentage of decline)

Plugging in the numbers, we see that TEPCO stock is still overvalued after today's drop and needs to decline at least 100% to reach fair market value. You do the math.

All kidding aside, radiation at the reactor 1 building has literally exploded to 4 Sv/hour from 2 Sv/hour just two weeks ago. Notice that this radiation is at the building itself and not the reactor dry well(!) which has also increased dramatically from 190 Sv/hour to 250 Sv/hour in just 3 days time. On Fry-Day, Arnie Gundersen droped a bombshell in an interview with Chris Martenson when he says, "I am in touch with some scientists now who have been monitoring the air on the West Coast and in Seattle for instance, in April, the average person in Seattle breathed in 10 hot particles a day." That explains why "rogue" citizens armed with geiger counters have been picking up large spikes in radiation all over the country - from the radioactive hailstones in Joplin, to the radioactive rain water in Pennsylvania - and the total media blackout of these discoveries.

In Seattle the average person in Seattle breathed in 10 hot particles a day.  Why wasn’t I told.  Sources and interesting perspectives on the reactor status can be found at:  http://www.washingtonsblog.com/ and http://fiatsfire.blogspot.com/