Why is a rust prone reactor design at risk of catastrophic radioactivity releases getting massive taxpayer loan guarantees?!

Image compliments of Arnold Gundersen, Fairewinds Associates, Inc.See the story in the New York Times Green blog. And see Arnie's power point on the subject at the Fairewinds Associates, Inc. website. This fatal design flaw on the most "popular" (among nuclear utilities anyway!)new reactor design in the U.S. -- with 14 on order, all targeted at the Southeast -- raises serious safety concerns about the nuclear power relapse, and the tens of billions of dollars of taxpayer-backed federal loan guarantees proposed to pay for it. Also see the April 21, 2010 press conference and related background documents that first raised the red flag on this issue. And see the Oct. 2009 NRC press release admitting another major design flaw with the AP1000, a structurally unsound shield building vulnerable to earthquakes, hurricanes, and tornadoes. If the AP1000 is "the best" new reactor design out there, awarded $8.3 billion in loan guarantees by President Obama last February and in line to potentially recieve a whole lot more, we'd hate to see the runners up!