Tag: capitalism

Virgin Galactic hosts an industry day at New Mexico spaceport

10:43 pm

Virgin Galactic announced today that it will co-host an industry day at Spaceport America in New Mexico on October 18 in order to locate suppliers for its space tourism business.

“This is a fantastic opportunity for companies ranging from local New Mexico firms to national corporations to understand our unique needs for goods and services, including our requirements in building and servicing multiple commercial spaceships as the market further develops,” said Virgin Galactic’s President and CEO George Whitesides. “Our intention is to establish these relationships and emphasize our desire to hire locally as much as possible.”

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Sticker shock over Congressionally designed rocket

9:30 am

The Obama administration has discovered that the cost to build the program-formerly-called-Constellation, required by Congress, is going to be far more than they can stomach.

White House budget officials increasingly are concerned that some of NASA’s manned-exploration plans may be unaffordable, especially as the space agency weighs options that would raise the cost by billions of dollars by speeding up the development of rockets and spacecraft, according to people familiar with the issue.

The cost concerns are coming to a head, these people said, as the White House Office of Management and Budget ratchets up questions about NASA’s proposed program in light of the current emphasis on deficit reduction.

None of this surprises me.
» Read more

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Amazon Chief’s Spaceship Misfires

12:06 am

Bad news for commercial space: A test of Amazon chief’s Blue Origin spaceship ended in failure on Friday.

After The Wall Street Journal reported on the failure, Blue Origin Friday posted a brief note on its website stating the spacecraft, while going faster than the speed of sound, suffered a “flight instability” at an altitude of 45,000 feet and the company’s automated “range safety system” shut off all thrust and led to its destruction. The problem appeared to stem from thrusters that didn’t respond properly to the initial commands, according to one industry official.

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Bigelow in negotiations to supply privately-built modules to ISS

12:59 pm

Bigelow Aerospace is in negotiations with both NASA and Japan to supply ISS with privately-built modules

The module could be rented out as an ISS storage unit, making the station less dependent on frequent resupply flights, says Hiroshi Kikuchi of JAMSS. To show that the modules are capable of safe, crewed operation, Bigelow is also negotiating with NASA to attach one to a US-owned ISS module.

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The new commercial space companies question NASA contracting policies

3:02 pm

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.

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66 Percent of CEOs Plan to Freeze or Downsize Workforce Size

10:13 pm

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.

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The job boom for government regulators under Obama

3:06 pm

The chart of the day, from John Merlune at Investor’s Business Daily:

Boom in jobs for regulators

Merlune’s article outlines in frightening detail how there has been a job boom in only one place during the Obama administration, the government regulatory industry.

Regulatory agencies have seen their combined budgets grow a healthy 16% since 2008, topping $54 billion, according to the annual “Regulator’s Budget,” compiled by George Washington University and Washington University in St. Louis. That’s at a time when the overall economy grew a paltry 5%.

Meanwhile, employment at these agencies has climbed 13% since Obama took office to more than 281,000, while private-sector jobs shrank by 5.6%.

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American manned space: dependent on the Russians in more ways than you think

10:50 pm

American manned space: dependent on the Russians in more ways than you think.

As commentators from around the country gnash their teeth at U.S. dependence upon Russia to move cargo and astronauts to the mostly U.S. built/funded International Space Station (ISS), they’ve missed the bigger boat: With one exception, all the commercial spaceflight offerings currently in the works have Soviet or Russian engines as a key part of the rockets involved.

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Legal rabbit farm raided and destroyed

3:38 pm

The abuse of power: A legal rabbit farm raided and destroyed by Colorado police.

“They’ve destroyed me emotionally, socially and professionally,” Bell said, listing numerous ways in which local animal rights activists have publicized information about the case in an effort to make her and her four children — all adults who haven’t lived under her roof for several years — look bad. But that’s not all.

“They’ve made 4-H kids all across Colorado just sob,” she said, “because I am their 4-H connection.” Bell noted that 12 of the seized rabbits belong to 4-H kids who were planning to show them at upcoming fairs — two at the Jefferson County Fair that begins Thursday and the remaining 10 at the Colorado State Fair which runs from Aug. 26 to Sept. 5 in Pueblo.

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Nebraska rare earth mineral discovery to challenge China’s monopoly

1:46 pm

A discovery in Nebraska of rare earth minerals appears set to challenge China’s monopoly.

To me these were the key quotes from this article:

The U.S. used to produce rare earths through the Mountain Pass Mine in California, but it was shut down in 2002, primarily because of environmental concerns, including the spillage of hundreds of thousands of gallons of water carrying radioactive waste into a nearby lake.

and

Although studies have shown the U.S. has 13 million metric tons of rare-earth minerals, National Mining Association spokeswoman Carol Raulston said it does not mine any of it – partly as a result of the difficulty of obtaining permits. “One of the key problems that investors tell us about is that the permitting regime in this country is so complicated and time-consuming that it has hurt investments here in the United States,” Ms. Raulston said.

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Lack of U.S. government interest in commercial refueling mission causes problems

9:10 pm

A lack of U.S. government interest in a privately designed satellite refueling technology has caused the company to pull back its plans.

MDA had signed a contract with the communications satellite company Intelsat to refuel some of its orbiting satellites, but needed additional customers to make a go of it. It had hoped the U.S. Defense Department would show interest, but they have not.

This is exactly where the government should be investing its capital, and that it is not tells us a lot about the real lack of sincerity behind the Obama administration’s claims that it wants to encourage private space. I also suspect that the turf war with satellite companies and defense contractors helped discourage Defense Department interest.

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