EADS Astrium is still “fully committed” to building a suborbital tourist vehicle. All they’re waiting for is someone to hand them a billion dollars. Hey, it’s only a millibarack.
These people crack me up.
Category Archives: Business
Do You Hear That Little Sound?
It’s the sound of me playing the tiniest violin in the universe:
…as much as I hate the idea of the leader of the free world being short on sleep, it’s hard to work up a lot of sympathy for a guy who can’t sleep with his own decisions, and is still trying to figure out ways to drive the deficit even higher … no matter how often he says his universal health plan is going to cut costs. In fact, the news that he can’t sleep and can’t stop is more than a little disturbing.
And you know that the last way that he’ll try to do anything about the deficit is to cut spending. Unless it’s military spending, of course.
A Reason To Have Voted For McCain
He says scrap the health-care bill. While his idea of taking away employer deductibility and giving individuals a tax credit wasn’t an ideal solution, it would be a hell of a lot better than what Obama wants to do. A key element of any useful reform is to level the tax playing field between individual and employer-provided plans, and get more people to shop for themselves, instead of making it part of an employment package.
Sotomayer And Property Rights
Since Sotomayor has made no more than a handful of important constitutional rulings in her judicial career, the fact that she got three of them badly wrong must be given great weight in assessing her nomination.
It’s hardly surprising that a president who has so little interest in property rights would nominate a judge with that predisposition.
Rich Gov, Poor Gov
Why Barack Obama can’t fix the economy:
Last night, as I reread Robert Kiyosaki’s 1997 Bestseller Rich Dad Poor Dad, I realized why Barack Obama will be unable to do what is necessary to fix America’s economy. It’s not just that he believes in government intervention in business, although that’s a big part of it. But what makes it even worse is that President Obama is Poor Dad.
Read all.
What’s New In Newspace?
Alan Boyle has a quick roundup.
End Of An Extravaganza
John Derbyshire says that government human spaceflight was largely pointless, and likely to end soon.
I don’t actually find much in there with which to disagree (I’ve pointed out the Zheng He analogy myself) — we have gotten horrible value for the money spent over the past forty years, and I do think that the hope is for private space. Though if the Augustine Commission could recognize and articulate the value to the nation and planet of becoming truly space faring, for things like planetary defense, and put forth a realistic plan to do it, I suppose that it’s possible it will survive somehow, but it will have to have sufficient pork content, which will defeat the purpose. But it’s hard to see Constellation continuing to exist in its current form.
I’m actually working on (or at least supposed to be working on) a longish piece for the summer issue of The New Atlantis on this subject.
[Tuesday afternoon update]
I will say that I think that “pointless” is too strong a word — as I said, we have gotten quite a bit of value, but not enough to justify the expenditure. And in many ways, Apollo has actually set us back from progress in space, by establishing a failed government-development model that lives on to this day in the form of Constellation. I hope that the Augustine Commission can finally fix this, but I fear that it won’t.
More History Lessons For Senator Shelby
Jeff Krukin’s piece has been republished over at the Commercial Space Gateway, with a lot of comments (including one commenter who doesn’t know where the Delta IV is manufactured, or where the Atlas V is planned to be).
[Update a few minutes later]
Actually, in rereading that comment (I notice now it was from the SSF’s Bob Werb, who presumably does know where the EELVs are built), it was probably sarcasm.
We Have Ways…
In this new religion, taking the bus, riding a bike, or walking instead of driving are pious good works. And there is no surmounting the religion’s faith in solving transportation problems by addressing every mode of transit but what most people actually use to get from point A to point B.
During Idaho’s last legislative session, the legislature was presented with information that our existing highways and bridges were in disrepair. One State Senate Democrat focused on the “need” for bike lanes even in rural areas, where riding a bicycle is not an option for most because of the distance involved. Yes, I’m sure there are some people that ride their bicycles in Challis (pop: 909) but does it really make sense to spend the money?
It seems that part of the faith is that these options — even if barely used — are good in and of themselves.
Of course, empty bike lanes are a waste of money. Empty buses are a waste of money and fuel. In the private sector, a company whose service was as unpopular as mass transit would carefully evaluate the service and the marketing, and figure out why people don’t ride.
Not so much with the federal government. Transportation Secretary Ray LaHood admitted at the National Press Club recently, regarding the administration’s policies: “It is a way to coerce people out of their cars.”
And here’s some more of this fascistic foolishness from the new Transportation Secretary:
The conservative columnist George Will recently denounced you as the “secretary of behavior modification,” in reference to your plan to have Americans give up cars.
When George came over here for lunch, I could tell from the tone of our conversation that he wasn’t particularly keen on what we were trying to promote here.You first were elected to Congress out of Peoria, Ill., as part of the so-called Republican revolution.
I came to Congress in 1994. I had no idea I was going to be a part of the majority party.Now you’re in the minority.
I’m in the majority.But aren’t you a Republican?
I am. But I’m a part of the Obama team. And they’re the majority party.
Does that make for any awkwardness with your fellow Republicans?
Not one bit. I’ve had a lot of Republicans calling me asking me how they can get some of the stimulus money and how they can get their projects funded.…But if Americans increasingly get around by rail, bus and bicycle, as you’ve planned, who will be buying cars in the future?
I think everybody will have an automobile. I think it’s amazing in America when you drive around and look at new homes that are being built, there are three-car garages. I don’t think you’re going to see families with three cars. I think you’re going to see families with one car, possibly two.
We will change our lifestyles to conform with the state religion of our moral betters, regardless of the economic madness of it, or the impact on our personal freedom.
[Update a couple minutes later]
And then there’s this:
It is a six-mile stretch of guardrail near a manufactured lake in a desolate patch of the Oklahoma Panhandle. There’s little reason for anyone to visit. Weeds are overgrown; the lake bed is virtually dry.
Yet repairing the guardrail is on a list of projects developed by the U.S. Army Corps of Engineers to tap into President Obama’s $787-billion economic stimulus program.
The country’s in the very best of hands.
“Pruning An Overgrown Tree”
“…so that it can fruit again.”
A story in the UK about shrinking my home town, Flint, Michigan. They might as well, if Lansing isn’t going to do anything to improve the business environment there. I suspect a lot of Wolverines were hoping that Obama would nominate the governor, to get her out of there. Not that her replacement would be much of an improvement. But they keep voting for them.