California – the Coming Collapse
Another government budget disaster: California – the coming collapse.
Year: 2010
Bankruptcy of U.S. government “mathematical certainty” says banker
The former CEO of one of the nation’s largest banks says that unless the federal government gets its budget under control, bankruptcy is a “mathematical certainty.” I especially like this quote from the CEO, John Allison, in describing the past history of Fannie Mae and Freddie Mack:
“I was on a committee, a Financial Services Roundtable, for nine years trying to do something about Freddie Mac and Fannie Mae,” said Allison. “You couldn’t help but see it coming,” he said. “You ran the numbers, particularly the last several years, and it was mathematically certain Freddie and Fannie were going bankrupt.”
“We met with Congress. We met with [House Financial Services Chairman] Barney Frank and [Senate Banking Chairman] Chris Dodd and they absolutely wouldn’t see it,” said Allison.
EPA policy chief steps down
Enviromental regulation takes another hit! The EPA policy chief most in favor of heavy regulation has stepped down.
A NASA surprise security drill causes one employee to call the police
A NASA surprise security drill caused one employee to call the police, shutting down the Glenn Research Center in a false alarm.
Showing how the country is polarized . . . with a t-shirt
Want to find out how polarized our county is? Then wear this shirt (which can be purchased here) and watch the reaction.
How do I know this? Well, yesterday on my flight home from California after giving a lecture to the Orange County section of the American Institute of Aeronautics and Astronautics, I tried it. Nor was this the first time I’ve worn this shirt and seen the reactions. People always seem to notice it, often doing a doubletake because at first they think it is the Obama image with the word “Hope” underneath. Then they realize what it really is, and either laugh in amusement or frown in annoyance.
Yesterday was no different. As I stepped out of the elevator and into the lobby of my California hotel, I passed a woman whose eyes immediately widened when she saw the shirt, and then scowled as she walked past. Then, I went into a local Subway to pick up something to eat during the long flight home. The woman who made my sub as well as the clerk who took my cash both looked at my shirt and glowered. Though they did nothing outright rude, I really think they would have preferred to tell me to leave and not sell me my sub.
At the airport things were interestingly different. Two guys in front of me on line to check bags immediately wanted to know where they could buy the shirt. Then, on the airplane, a steward as well as the passenger sitting next to me asked me the same question. When I said I’d forward them the webpage if they’d give me their email addresses, they all complied eagerly. The steward then went out of his way for the rest of the flight to make sure I was happy, to which I remain grateful.
Though I do find these reactions both amusing and intriguing, I also find them disturbing. How can a free nation survive if people get so emotional over something so silly as a t-shirt?
The first images of Deep Impact’s flyby of Comet Hartley 2
Here are the first images of Deep Impact’s flyby of Comet Hartley 2. The first is a montage, the sequence in time going clockwise. The second is a close-up of the second image.
The feature that I find most intriguing is the narrow smooth waist of the comet’s dogbone shape. The whole thing looks almost like a piece of taffy that’s being pulled apart.
AARP raises employee premiums because of Obamacare
You can’t put lipstick on this pig! AARP, which backed healthcare reform because it thought it would lower costs, has announced that due to healthcare reform it will raise the premiums its employee pay by 8 to 13 percent. Meanwhile, privacy advocates are raising alarms about the federal health database being set up under the healthcare bill.
Burt Rutan retiring
It isn’t the first time he’s said it, but Burt Rutan, designer of SpaceShipOne, says he is retiring from Scaled Composites.
Discovery launch scrubbed due to hydrogen leak
Discovery’s launch is scrubbed again, this time due to another hydrogen leak. Next possible launch date is Monday, which means it is possible the launch will be delayed until early December.
An Early Warning System for Asteroid Impact
In a paper posted tonight on the Los Alamos astro-ph website, an astronomer is proposing an early warning system for asteroid impact. Key quote from the abstract:
This system, dubbed “Asteroid Terrestrial-impact Last Alert System” (ATLAS), comprises two observatories separated by about 100km that simultaneously scan the visible sky twice a night, and can be implemented immediately for relatively low cost. The sensitivity of ATLAS permits detection of 140m asteroids (100 Mton impact energy) three weeks before impact, and 50m asteroids a week before arrival. An ATLAS alarm, augmented by other observations, should result in a determination of impact location and time that is accurate to a few kilometers and a few seconds.
NASA could be in budget limbo for months after Tuesday’s election
From the Huntsville Times: NASA could be in a budget limbo for months as a result of Tuesday’s election.
More info on Deep Impact flyby of Comet Hartley 2
First close-up photos of Comet Hartley 2 reveal a space peanut.