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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: maceng2 who wrote (63711)5/10/2005 7:29:59 AM
From: Slagle  Read Replies (1) of 74559
 
PearlyButton, Nuclear technology was a product of the Manhattan Project and at the end of WWII was a closely guarded state secret. Its very exsistance had been secret but after Hiroshima there was an effort to inform the American public of its existance. The public was made aware of the potential peaceful uses of the technology and immediately from the Progressive wing of the Democrats, which in those days was the more or less "open" home of the communists as the USSR was a wartime ally, a well prepared and highly organized effort began to turn over the nuclear secret to the Soviets or lacking that, to the newly formed United Nations. It almost happened but in 1946 Republicans won control of both houses of Congress and they took measures to keep the nuclear secret in American hands. In those days the "Progressives" were all in favor of nuclear power and even weapons and this was AFTER the horrors of Hiroshima were well known. Under pressure from the Republicans Truman fired the leading Progressives in his administration and these people, under the leadership of former VP Henry Wallace went on to form the Progressive Party which ran Wallace against Truman in the 1948 election. The Progressive party had two wings, the communist wing and the socialist wing and BOTH wings were in favor of nuclear power and weapons but wanted the nuclear secret turned over to the UN and to the Soviets. Truman, unbelieveably had even begun a process to give the nuclear secret to the USSR before congress stopped him. But as the cold war heated up and the Soviets had their own nuclear program well underway (helped along by espionge aided by the Progressives) the Soviets no longer needed the nuclear secret so the big push for nuclear power by the Progressives came to an end and they changed their party line to opposition to nuclear power and weapons.

In England and elsewhere the history may have been different but the die was cast here as nuclear power began here. Once the nuclear secret had been stolen by the Soviets the progressives were against our use of it, but apparently not the Soviet use.

I've lived around nuclear power all my life, all the TVA reactors, Oak Ridge and the Clinch River breeder reactor were neighbors as was the Savannah River Plant. There's a big one just up the coast from me here. If you don't want nukes over in England I say thats fine. The French and Germans have bunches of them, mostly breeders. I want more of them here in this country and we are going to have more of them, of this I am sure. And a revived breeder program. No need for any of this to affect England.
Slagle
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