Category Archives: Business

The Middle Class

Stop favoring speculators and investors over them.

That applies to both parties. The Republicans could make this an electorally popular strategy, but too many of their donors would object.

I would note, though, that if you’re going to tax capital gains more, you need to provide a way to factor out inflation, because a devaluation of the currency doesn’t provide a true capital “gain.”

Happy Berth Day To Dragon

It was launched on Good Friday, and now the Dragon has berthed with the ISS early in the morning on Easter Sunday, over the region of the world in which Christ was reportedly born, died, and resurrected. That wasn’t planned, though. They’d have preferred to have it up weeks earlier.

Meanwhile, no word from SpaceX about recovering the first stage. I’m going to interpret that as bad news, for now.

SpaceX Flight

Looks like another perfect flight of the Falcon 9 and Dragon. Press conference is scheduled at 1700 EDT, when they’ll presumably tell us how the recovery attempt went. They did report a successful entry burn.

[Update about 5 PM PDT]

Elon has some news:

[Another update about twenty minutes later]

[Update an hour or so later]

I should add that while this is great news, it will still be disappointing if the rough seas prevent recovery, or break up the vehicle, because they’ll lose data they’d like to have to see how the stage handled the flight. That’s critical to understanding turnaround. The good news is that they’ll be able to do this every flight (that doesn’t need a lot of performance, like their earlier GEO missions) to get it right, and finally start to understand that.

Climate Change

What we don’t know:

We shouldn’t worry, we should just accept that this will happen and we should adapt to it and regard it as a business opportunity.

Its arrogant to assume that climate will remain static.

The whole language of climate change is designed to confuse the public and policy makers

Bob Carter says the IPCC has accomplished the inversion of the null hypothesis, where the onus is now on disproving dangerous anthropogenic climate change

We should focus on protecting people from natural hazards, and not worrying about what is causing them

It makes sense to encourage alternative energy and see what happens.

Bob Carter closed with this: no scientist can tell you whether it will be warmer or cooler in 2020, so we should prepare for both.

Yes. We don’t know much more than we do know.

And as she notes, the people speaking sensibly are independent or retired, not those receiving government funding.

Idiot Education Administrators

This time, it’s not a public school, but college.
And as Glenn Reynolds notes, these morons now outnumber faculty on campus:

I’d sue all of these people personally, and make their lives a living hell until they left or were fired. And they should have to go through a forced psychiatric evaluation, too, to look at their tendency to abuse power and trust.

Yes.