Bringing the Delta 2 back to launch unmanned science probes
Rocket shortage: NASA is reconsidering the Delta 2 rocket as a vehicle to launch its unmanned science satellites.
Year: 2011
Social Security disability on verge of insolvency
The day of reckoning looms: Social Security disability on the verge of insolvency.
One man’s response to Obama’s demand that taxes on the rich be raised
One man’s response to Obama’s demand that taxes on the rich be raised.
I deeply resent that President Obama has decided that I don’t need all the money I’ve not paid in taxes over the years, or that I should leave less for my children and grandchildren and give more to him to spend as he thinks fit.
and
Governments have an obligation to spend our tax money on programs that work. They fail at this fundamental task. Do we really need dozens of retraining programs with no measure of performance or results? Do we really need to spend money on solar panels, windmills and battery-operated cars when we have ample energy supplies in this country? Do we really need all the regulations that put an estimated $2 trillion burden on our economy by raising the price of things we buy? Do we really need subsidies for domestic sugar farmers and ethanol producers?
Read the whole thing.
Frank Sinatra – High Hopes
An evening pause:
The new commercial space companies question NASA contracting policies
The new commercial space companies are challenging NASA’s new contracting policy.
The article covers the conflict that I described in this post, whereby NASA is abandoning the more flexible contracting approach used for the commercial cargo contracts of SpaceX and Orbital Sciences and going instead with the contracting system it used for all past NASA subcontracts.
The article is errs badly when it calls the new contracting approach that NASA wants to use “non-traditional.” It is instead the way NASA has been doing things for decades, whereby the agency takes full control of everything and requires contractors to fill out so much paperwork that the costs double and triple.
Researchers have found what could be the oldest microbial fossils yet, discovered in 3.4-billion-year-old Australian rocks
Researchers have found what could be the oldest microbial fossils yet, discovered in 3.4-billion-year-old Australian rocks
Europe and Russia talk of joint manned mission to Mars
Europe and Russia talk of joint manned mission to Mars.
I’m not sure how seriously to take this story, though its implications are intriguing regardless. More than any other country, Russia knows how to build the kind of spaceship necessary for the journey. What Europe will contribute more than anything else would be money.
The real inventor of the telegraph
An evening pause: In honor of the 100th anniversary of the sending of the first round-the-world telegram on August 20, 1911, here is the story of the real inventor of the telegraph. And it ain’t what you think.
Did Obamacare cause the economic collapse
By the spring of 2010, private sector job growth turned positive. In April job growth increased to 230,000 net private-sector jobs. The economy appeared on track for a normal recovery from an awful recession. The administration began confidently predicting a “Recovery Summer.” But Recovery Summer fizzled instead of sizzled. In May private sector job growth dropped sharply to less than 50,000 net jobs. Thereafter, monthly improvement in private job growth averaged just 6,500 jobs.
What else happened in the spring of 2010? Despite obstacles that many believed would kill the bill, Congress passed the Affordable Care Act. Within two months, the trend in job growth dropped sharply. Monthly job creation had been on pace to top out in the hundreds of thousands. Post-Affordable Care Act, it has barely kept pace with population growth. [emphasis mine]
and
The health-care measure raises business costs and makes planning for the future more difficult. It should be expected to slow hiring.
Federal Reserve officials report that the law has had exactly this effect. Dennis Lockhart, president of the Atlanta Fed, reports that “prominent among these (factors businesses explain are impeding hiring) is the lack of clarity about the cost implications of the recent health care legislation. We’ve frequently heard strong comments to the effect of ‘my company won’t hire a single additional worker until we know what health insurance costs are going to be.'” Surveys bear out these warnings. In a recent poll one-third of small business owners identified the healthcare bill as one of their top two obstacles to hiring. [emphasis mine]
Chicago police must pay 330k for killing dog in home raid
Justice: The Chicago police department as well as the officers themselves must pay $330k for killing a dog in a home raid.
A reindeer herder in Russia’s Arctic has stumbled on the pre-historic remains of a baby woolly mammoth
A reindeer herder in Russia’s Arctic has stumbled on the pre-historic remains of a baby woolly mammoth.
66 Percent of CEOs Plan to Freeze or Downsize Workforce Size
Two-thirds of the country’s CEOs plan to freeze or downsize their workforce over the next year, according to a new survey.
“As I approach my 44th year in business, the last 20 as CEO, I can never remember a time when I felt so disenfranchised from our leadership in Washington. They seem determined to continue their ongoing anti-business attitude and to frustrate small and mid-sized businesses by uncertainty on taxes, government regulations, and simply too many bureaucratic restrictions. We desperately need a change in Washington.”
I guarantee that much of this reluctance to hire stems from uncertainty and fear of Obamacare and the regulations it brings.