Obama's Just Pledged Billions for the 20th Century's Most Expensive Technological Failure -- Nuclear Power

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At www.alternet.org

Southern Company which wants to build these two new reactors has cut at least one deal with Japanese financiers set to cash in on American taxpayer largess. The interest rate on the federal guarantees remains bitterly contested. The funding is being debated between at least five government agencies, and may well be tested in the courts. It's not clear whether union labor will be required and what impact that might have

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