A new report from Social Security has raised its predicted unfunded liabilities over the next 75 years by one trillion dollars.

The day of reckoning looms: A new report from Social Security has raised its predicted unfunded liabilities over the next 75 years by one trillion dollars, for a total of $9.6 trillion.

According to the report, “Through the end of 2087, the combined funds [OASI and DI] have a present-value unfunded obligation of $9.6 trillion.” That is “$1.0 trillion more than the measured level of $8.6 trillion a year ago,” states the report, in reference to the data available for 2011. That $9.6 trillion shortfall equals approximately $83,894 per household based on the Census Bureau’s latest estimate that there are 114,430,000 households in the country.

The report also looks farther into the future and saw the shortfall rise to $23 trillion.

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The Sun makes the scientists look good — for now!

NOAA today released its monthly update of the Sun’s sunspot cycle, covering the period of May 2013. As I have done every month for the past three years, I have posted this latest graph, with annotations to give it context, below the fold.

For the third month in a row, the Sun has shown increased sunspot activity. Though the total activity continues to remain well below all predictions, it appears that the Sun is going to produce a double-peaked maximum, as predicted by some solar scientists back in March. Be aware however that this prediction isn’t based on any real understanding of the physical processes that produce sunspots but is instead based on the fact that the Sun has sometimes done this in the past. If you asked these scientists why the Sun sometimes produces a double-peaked maximum they will wave their arms about but will really not be able to tell you.

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Stratolaunch officially announced today that Orbital Sciences will build the system’s second stage rocket.

The competition heats up: Stratolaunch officially announced today that Orbital Sciences will build the system’s second stage rocket.

The rocket that Orbital will build for Stratolaunch will launch from the air, the first stage being a giant airplane which will carry that rocket aloft, much like Virgin Galactic’s WhiteKnightTwo and Orbital’s Pegasus rocket. Clark Lindsey at the same website also notes that the efforts of SpaceX (and to my mind Stratolaunch) to make the first stage reusable will likely revolutionize the rocket industry.

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“I can say with a very strong sense of certainty that there are people very close to this president that not only knew what the IRS were doing but authorized it.”

“I can say with a very strong sense of certainty that there are people very close to this president that not only knew what the IRS were doing but authorized it.”

Said by an ABC news reporter today.

In related news, it appears that the IRS not only targeted conservative organizations which applied for tax exempt status, the tax agency also targeted the donors to those organizations.

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Russia’s Proton rocket successfully launched a commercial satellite today.

The competition heats up: Russia’s Proton rocket today successfully launched another commercial communications satellite.

The troublesome Briz-M upper stage still has to get the satellite to its proper orbit, so stay tuned. Nonetheless, this launch, only a few weeks after their last commercial Proton launch, suggests they were serious about launching nine more commercial launches this year.

Meanwhile, we wait for SpaceX’s first commercial launch by the Falcon 9 rocket. Their launch manifest still claims there will be three such launches before the next Falcon 9/Dragon mission to ISS later this year, but two of those launches were supposed to have occurred already. The non-occurrence of the March MDA/Cassiope launch out of Vandenberg is especially puzzling, as there are few scheduling conflicts at that rarely used spaceport.

The Falcon 9 delays at this point are beginning to be worrisome, and suggest the skepticism of some about SpaceX’s ability to compete might have merit. SpaceX has got to launch a commercial satellite soon in order to quell those doubts.

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In celebration of its tenth year in orbit, scientists running the Mars Express mission have released global mineral maps of Mars.

In celebration of its tenth year in orbit, scientists running the Mars Express mission have released global mineral maps of Mars. With video.

The unique atlas comprises a series of maps showing the distribution of minerals formed in water, by volcanic activity, and by weathering to create the dust that makes Mars red. They create a global context for the dominant geological processes that sculpted the planet we see today.

Take a look at the video. It is fascinating to see where these minerals concentrate.

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Transcript excerpts of House testimony by two IRS employees show that the policy to harass conservatives was ordered by supervisors in Washington.

Transcript excerpts of House testimony by two IRS employees show that the policy to harass conservatives was ordered by supervisors in Washington.

When these employees testify publicly, it will not be pretty for the Obama administration. The next question will of course be: Who were those supervisors, and who gave them their orders?

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When Lois Lerner worked for the FEC she offered to drop a case against a conservative if he promised never to run for office again.

Working for the Democratic Party: When IRS thug Lois Lerner worked for the FEC she offered to drop a case against a conservative running for the Senate if he promised never to run for office again.

The conservative refused, and the case went to court, where all charges were dismissed. Nonetheless, the conservative subsequently decided that the harassment from the government, which also included a visit from the FBI, was not worth it, and has not run for office since.

In other words, Lerner’s harassment worked, to the benefit of the Democratic Party.

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The IRS has told a House investigation that almost 90 IRS agents were involved in harassment scandal.

The IRS has told a House investigation that almost 90 IRS agents were involved in harassment scandal.

If I was Obama and had anything at all to do with this policy, I would be very very nervous. With this many IRS agents involved it will be impossible to control this scandal. Someone is going to spill the beans and tell us who established this harassment policy, and it certainly wasn’t some “low level rogue agents”, as Lois Lerner first claimed.

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