Tag: bankruptcy

Congress micromanages rocket development at ULA

9:16 am

Corrupt Congress: Even though ULA favors Blue Origin’s BE-4 engine for its Vulcan rocket, various elected officials in Alabama are pushing the company to use Aeroject Rocketdyne’s AR-4 engine instead.

At the end of February, two US representatives, Mike Rogers of Alabama [Republican] and Mac Thornberry of Texas [Republican], decided to push a little harder. On February 28, they sent a letter to Lisa Disbrow, the acting secretary of the US Air Force, and James MacStravic, who is performing the duties of the undersecretary of defense for acquisition, technology, and logistics. In addition to reiterating a desire that ULA continue to fly a second rocket, the Delta IV Heavy, the letter urges the Pentagon officials to be skeptical about the BE-4 engine.

“The United States Government (USG) must have a hands-on, decision-making role… in any decision made by United Launch Alliance to down-select engines on its proposed Vulcan space launch system, especially where one of the technologies is unproven at the required size and power,” the letter states. “If ULA plans on requesting hundreds of millions of dollars from the USG for development of its launch vehicle and associated infrastructure, then it is not only appropriate but required that the USG have a significant role in the decision-making concerning the vehicle.” The letter then goes on to say the Air Force should not give any additional funding to ULA, other than for current launch vehicles, until the company provides “full access, oversight of, and approval rights over decision-making” in its choice of contractors for the engines on Vulcan.

The article also mentions porkmaster Senator Richard Shelby (R-Alabama), who also favors Aerojet Rocketdyne because they say they will build it in Alabama. Note also that these elected officials are not only trying to pick the winner in the private competition between these two rocket engines, they also want to force ULA to keep using the Delta rocket, even though it is very expensive and not competitive with the newer rockets being developed by other companies. And their only reason for doing so is because they provide jobs for their districts.

This one story illustrates perfectly the corruption that permeates both parties in Congress. While it is more likely that Democrats will play this pork game, there are plenty of corrupt Republicans who play it as well. These petty dictators all think they have the right to interfere in the private efforts of Americans, whether it involves building a new rocket or buying health insurance. And all we get from this is a poorer nation and a bankrupt federal government.

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Republican leaders propose Obamacare revisions

11:31 am

Cowards: The House Republican leadership today put forth a series of proposals for revising — not repealing — Obamacare.

A packet distributed to lawmakers at the meeting and obtained by The Hill says the GOP bill will include tax credits, an expansion of health savings accounts, money for high risk pools to care for the sick and a major restructuring of Medicaid to cap federal payments.

No dollar figures for any of the Republican proposals have been presented yet. Lawmakers said that is because the Congressional Budget Office is still analyzing the plan.

Nowhere do these proposals deal with repealing Obamacare’s ban on low-cost catastrophic health insurance plans. In fact, these proposal do little to repeal any of Obamacare’s worst regulations, which make the entire concept of health insurance unsustainable. Instead, these proposals nibble at the edges of the law, and will only serve to make things worse. For example, the proposals will repeal all the taxes that pay for Obamacare’s costs, will eliminate the mandates that force people to buy insurance, but will do nothing to relieve insurance companies from the law’s requirements, such as forcing them to accept every applicant, no matter how sick. Such a crazy arrangement will guarantee that no one will buy health insurance until they need it, making it entirely unprofitable.

The whole mess is simply too complicated. The time has come to do what Alexander the Great did: rather than try to untie the Gordian knot, he simply took a sword and cut it. Congress should do the same to Obamacare. Only then will the health insurance industry have a chance of recovery.

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Two congressmen propose naming SLS for astronaut Gene Cernan

9:43 am

Two congressman yesterday introduced legislation that would rename SLS after Eugene Cernan, the last Apollo astronaut to walk on the Moon.

I don’t think anyone would argue with this. First, SLS is a terrible name for the rocket. Second, Cernan deserves the recognition.

At the same time, I suspect this is happening as part of an overall push within the Washington community to sell SLS to Trump and his administration. This proposal, as well as the recent news stories proposing SLS/Orion Moon missions and putting astronauts on SLS’s first flight, all point to a lobbying effort inside NASA, Congress, and the big space community to save SLS, which when compared to the successes and achievements of commercial space since 2010 appears an abject failure.

That comparison is at the heart of my policy paper, Capitalism in Space, which will hit the newstands next week. It makes it very clear how much a failure SLS/Orion has been, and how embarrassing that failure stands when compared to commercial space.

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India preparing rover for 2018 Moon landing

9:18 am

The competition heats up: India preparing rover for 2018 Moon landing.

Isro’s Satellite Applications Centre Director, M. Annadurai, revealed the tentative launch schedule while speaking to the press at the Satish Dhawan Space Centre, Shar, Sriharikota on Wednesday. He said a Lander and a six-wheeled Rover were being prepped to go with the Chandrayaan-II mission. The chief scientist added that a launch is likely to take place in the first quarter of 2018. According to Dr P.V. Venkita Krishnan, the director of the Isro Propulsion Complex at Mahendragiri, engineers were currently testing soft-landing engines.

India’s launch of a record 104 satellites on a single rocket has pumped up the Indian press, as there were almost 20 stories on space and that launch in their press today, almost all favorable.

This article however is from the U.S., and takes a look at the ineffective American space policy that supposedly forbids American companies from launching on Indian rockets.

The U.S. Commercial Space Launch Agreement of 2005 prohibits the launch of commercial satellites on the Indian vehicle. The reasoning is that struggling U.S. commercial launch providers needed time to establish themselves in the market and would be wiped out by India’s PSLV, which is developed by the Indian Space Organization.

Since 2015, commercial satellite owners have successfully obtained waivers to the policy.

The article notes India’s competitive prices, as well as the overall state of the smallsat industry and its dependence on bigger rockets as secondary payloads to get into space. India’s rockets, funded and subsidized by the government but also built to be inexpensive so as to attract customers, is clearly positioned to effectively compete with SpaceX, who until now charged the least.

What will our Congress do? My preference would be for them to repeal this part of the 2005 law so that American satellite companies can fly on whoever they wish. That would increase competition but it would also likely invigorate the overall launch industry because it would increase the satellite customer base for those rockets and thus create more business for everyone.

Sadly, I suspect that Congress will instead demand that the waivers to the law cease, and will thus block the use if Indian satellites by American companies. The short-sightedness of our politicians never ceases to surprise me.

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Freedom Caucus to push for swift Obamacare repeal

3:44 pm

In a direct clash with the Republican leadership that increasingly wants to slow down a repeal of Obamacare, the conservative House tea party group dubbed the Freedom Caucus announced today that they will push for an immediate repeal of the law.

The House Republican leadership is made up of a bunch of cowards. They fear the polls. They fear the press. They fear the astroturf demonstrations paid for by the left. They fear everything. And they believe in nothing, because if they did believe in freedom and restricting the power of government they would move quickly to repeal Obamacare and let the chips of freedom fall where they may.

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The ships of Hanjin six months after it went bankrupt

1:44 pm

Real news: Six months ago the shipping company Hanjin went bankrupt, stranding its 96 container ships worldwide. This article takes a detailed look not only on what happened to those ships since, but also at the state of the entire shipping industry.

There was a time when Hanjin’s collapse in August and this follow-up story would have been major news stories, covered by all the leading mainstream press outlets. No more. Even though it indicates significant financial and economic trends that should concern anyone who is serious about being an educated citizen, the press doesn’t cover it, and the public today really doesn’t care.

Just another indicator that a new dark age is looming.

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Head of ethics office Obama supporter

11:19 pm

Surprise, surprise! The head of the Government Ethics Office that the Republicans tried to defang two weeks ago donated money to Obama.

It appears by his actions since the Republicans were forced to back off that their concerns were completely justified. He has since tried to help the Democrats by pushing to have hearings for Trump’s nominees slowed. In addition, he has been harshly attacking Trump’s plans to separate himself from his businesses, in great contrast to his strong support of Clinton when ethics questions were raised about her paid speeches to foreign governments.

There is more at the link. It is quite clear that the Republicans in the House knew this guy was a Democratic plant, and wanted to get him out. They just handled it badly, and are still stuck with him. Fortunately, it appears that they are not only mostly ignoring him, his documented biases are now working against him. Expect them to act to shut this ethics office down not too far into the future.

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Republicans moving to restore earmarks

10:20 am

Idiots: Senate Republicans are pushing for a secret vote tomorrow that will propose restoring earmarks.

Senate Republicans are poised to restore earmarks unless opponents muster the votes to stop them in a secret ballot Tuesday. House Speaker Paul D. Ryan, Wisconsin Republican, is under severe pressure from his members and has agreed to study the issue. “Very tone-deaf,” Mr. Coburn told The Washington Times. “I’d love to know who the smart guys are in the Republican conference who want to do this.”

Earmarks increase spending. Right now we have a spending problem in the federal government, which is also the hammer that government uses to wield its out-of-control power over the citizenry. Doing anything that increases that spending thus increases that power and is entirely counter to the overall sense of the electorate that voted in November.

Coburn is right. This is very tone-deaf, and incredibly stupid.

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GOP schedules six confirmation hearings for one day

5:50 pm

The Senate Republican leadership has scheduled six cabinet appointee hearings all for one day, next Wednesday, despite Democratic demands that they not do this.

Interestingly, the Democrats did exactly the same thing in 2009, when they controlled Congress. And they did it for probably the same reason the Republicans are doing it now, to hamper the opposition’s ability to obstruct the appointment process. The Democrats are of course going to squeal about this. If the Republicans do not back down, it will be a sign that they might be growing a spine and will stand up to them.

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Obamacare: The Republican strategy of partial repeal vs full repeal

10:23 am

This National Review editorial today describes very succinctly the strategy being used by the Republican leadership in its effort to repeal Obamacare.

Senate Republicans want to pass a bill that repeals the taxes and spending in Obamacare, but not its regulations. That’s because they think that they can use a legislative process to avoid Democratic filibusters only if they leave the regulations alone. They think that this partial repeal of Obamacare will set the stage for later legislation that repeals the rest of the law and creates a replacement.

The heart of the problem for a full Obamacare repeal is that in the Senate you can pass budgetary items with only 51 votes while regulatory changes require 60. The Democrats plan to filibuster any regulatory changes, thus preventing their repeal.

The editorial opposes this strategy and instead calls for removing the federal government completely from health insurance regulation, the situation that existed prior to the passage of Obamacare. While I totally agree with this stance, I also recognize that the intransigence of the Democrats in the Senate makes it difficult. The only way it could work is if the Republicans could convince 8 Democratic senators to break away from their party and support full repeal. While a large number of Democratic senators are faced with difficult elections in 2018, I don’t think the Republicans could get 8 to agree.

We are thus faced with the unfortunate and bad situation that the Republicans will repeal only part of the law, which will further damage the health care industry. While they hope this damage will strengthen their effort to get the law entirely repealed, I fear that it will instead be used by the Democrats to attack the Republicans and the idea of the repeal itself.

It seems to me that it would be better to offer a full repeal, forcing a Democratic filibuster, and then use that filibuster as a campaign weapon to defeat more Democrats in 2018.

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House passes bill to cancel all regulations created during Obama’s lame duck rule

3:30 pm

I like this: The House today passed a bill that would allow Congress to repeal all regulations created during the last sixty days of the Obama administration.

Legislation to allow Congress to repeal in a single vote any rule finalized in the last 60 legislative days of the Obama administration sailed through the House Wednesday, the second time in less than two months. The GOP-backed Midnight Rule Relief Act, which passed the previous Congress in November, was approved largely along party lines by a vote of 238-184 on the second day of the new Congress, despite Democratic opposition. If passed by the Senate and signed by President-elect Donald Trump, the legislation would amend the Congressional Review Act to allow lawmakers to bundle together multiple rules and overturn them en masse with a joint resolution of disapproval.

What is disturbing is how few regulations Congress has cancelled over the decades. This is supposed to be an republic, whereby the rules are set by our elected officials. Instead, they have passed that responsibility off to bureaucrats, and when they hint, as they do here, that they might take back some of that power, the howls of outrage are deafening.

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House moves to weaken its ethics panel

9:24 am

Draining the swamp? Republicans in the House have moved to weaken an independent ethics office, placing it under the oversight of the House Ethics Committee.

This is actually a complicated story, because the panel as it presently exists has been misused a number of times for political partisan reasons, and clearly was a threat to the Republicans now in charge and planning many significant changes to the government in the face of a very hostile and partisan press.

Nonetheless, making this the new Congress’s very first move seems ill-advised politically, and does suggest they are trying to shield themselves from justifiable investigations. It also gives their opponents a convenient hammer to hit them over the head unnecessarily. Then again, those same opponents would have used this ethics panel against Republicans anyway, so maybe it doesn’t matter.

Either way, this story gives us a taste of the coming years. It will certainly not be boring.

Update: The House has pulled the amendment so that no change to the ethics panel will take place. While there are plenty of good reasons why they should not have introduced this change now, and should back off, the manner in which they folded so quickly does not bode well for the more difficult changes that they propose to pass in the coming years. Are they going to fold when they try to repeal Obamacare and the left and the press goes bonkers? I suspect yes. Will they fold when Trump proposes slashing the EPA budget and the environmental movement goes nuts in protest? I suspect yes.

These Republicans have no courage, made worse by their lemming-like herd instincts.

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