Japan scrambles to pull nuclear plant back from brink

(Reuters) – Operators of a quake-crippled nuclear plant in Japan said they would try again on Thursday to use military helicopters to douse overheating reactors and avert a disaster, but U.S. officials warned that radiation levels may be too high to allow repairs.

While officials scrambled to contain the nuclear crisis with a variety of patchwork fixes, health experts said panic over radiation leaks from the Daiichi plant may divert attention from potentially worse threats to survivors of Friday’s 9.0 magnitude quake and tsunami, such as the cold or access to fresh water.

The head of the world’s nuclear watchdog, meanwhile, said while it was not accurate to say things were “out of control” in Japan, the situation was “very serious,” with core damage to three units at the plant.

A steady stream of gloomy warnings and reports on the Japan crisis from experts and officials around the world triggered something of a meltdown in U.S. markets, with all three major U.S. stock indexes slumping over 2 pct on fears of slower worldwide growth.

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I wear many hats but history, economics and political observance have always been a passion. I am a graduate of the University of Cincinnati College of Business with a degree in Information Systems and Digital Business with a minor in European History. I work for a small mom-and-pop IT consulting and software design company. We deal in servicing mostly government funded non-profit mental and behavioral health care agencies in the state of Ohio. In this I deal with Medicaid and Medicare funds and have a little insight on the boondoggles of government there. Thankfully the undemanding nature of my daily profession gives me ample time to read and stay aware of our current state of affairs which I find stranger than fiction in many instances. In addition to being in the IT field, I have also been self employed with a small contracting company so I might know a thing or two about the plight of small business that employs 71% of the American workforce. I however don't draw my knowledge from my day jobs, which I have had a few; I draw it from an intense obsession with facts and observation about the world in which I live. I do have formal education in things such as history, economics and finance particularly as it pertains to global issues, but I have come to find much of what I thought I knew from the formalities of a state university I had to unlearn through much time and independent research. I hope you enjoy what I bring you which is not often heard in the mainstream news outlets. I would like to think my own personal editorializing is not only edifying but thought provoking while not at all obnoxious. That last one may be a hard to achieve.

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