The decision on NASA’s manned commercial crew contract will be made this week, according to new rumors.
The decision on NASA’s manned commercial crew contracts will be made this week, according to new rumors.
Tag: capitalism
Happy birthday Milton Friedman
Happy 100th birthday to Milton Friedman!
Go to the link to watch some wonderful video clips of Friedman clearly and with good humor explaining the benefits of freedom and capitalism. However, for me my favorite Milton Friedman quote is without question this one, on the real way to change Congress:
I do not believe that the solution to our problem is simply to elect the right people. The important thing is to establish a political climate of opinion which will make it politically profitable for the wrong people to do the right thing.
Actual video below the fold.
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Trying to buy tickets to the London Olympics: A soul-destroying experience.
Trying to buy tickets to the London Olympics: A soul-destroying experience.
An Obamacare tax on medical devices has caused one company to cancel plans to build five new factories.
Repeal it! An Obamacare tax on medical devices has caused one company to cancel plans to build five new factories.
Nor is this the only such medical device company to pull back due to the tax. Read the whole article.
The Marines have put in an order for 12,000 M1911 pistols, the iconic 45 caliber pistol designed by John Browning more than a 100 years ago and used by the American military for most of the first half of the 20th century.
Comeback: The Marines have put in an order for 12,000 M1911 pistols, the iconic 45 caliber pistol designed by John Browning more than a 100 years ago and used by the American military for most of the first half of the 20th century.
Ten hotels made of weird things.
Ten hotels made of weird things.
“The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true.”
From the man whose job it was to police the $700 billion TARP bailout:
The suspicions that the system is rigged in favor of the largest banks and their elites, so they play by their own set of rules to the disfavor of the taxpayers who funded their bailout, are true.
The regulatory culture of the banking industry that this book describes possibiy explains why Jon Corzine has not yet been prosecuted. Regulators and prosecutors are afraid to proceed out of fear of hurting their careers.
Worse, Barofsky describes a banking regulatory system that is still in place, and is therefore ripe for another collapse. No wonder the tea party movement was born out of outrage over TARP and the bank bailout, and is still growing.
Some spectacular images of galaxies from the new Discovery Channel Telescope.
Some spectacular images of galaxies from the new Discovery Channel Telescope (DCT).
Funded privately by the Discovery channel, the DCT has a primary mirror 4.3 meters wide, or about 170 inches, almost as large as the Hale Telescope on Palomar Mountain. This is a world class telescope which will do real research, and it was built the old-fashioned way, with private money donated to a private observatory in exchange for publicity and good will.
Orbital Sciences has announced an updated schedule for testing and flying its Antares rocket and Cygnus capsule to ISS.
The competition heats up: Orbital Sciences has announced an updated schedule for testing and flying its Antares rocket and Cygnus capsule to ISS.
This article gives a bit more background.
The ten tallest skyscrapers now under construction
Higher and higher: The ten tallest skyscrapers now under construction.
“He stands there at the front of the mob, in his shirt sleeves, swinging that government hammer, exhorting the crowd to use its votes and take what it wants.”
sNASA’s Space Launch System is costing 320 times more than NASA’s commercial space program.
Another opinion: NASA’s Space Launch System (SLS) is costing 320 times more than NASA’s commercial space program.
In other words, having NASA build a rocket and capsule makes no financial sense. At these numbers, SLS cannot survive.
Building the first laptops.
The cost of launch
Two news items from NASA today:
- NASA has picked SpaceX’s Falcon 9 rocket to launch NOAA’s Jason-3 ocean survey satellite.
- NASA has picked United Launch Alliance’s (ULA) Delta 2 rocket to launch the SMAP, OCO-2, and JPSS-1 climate satellites.
What I find most interesting about these stories is the fees charged by the two companies. SpaceX will be paid $82 million for its one launch, while ULA will be paid $412 million for its three launches, or about $137 million per launch.
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Has Sierra Nevada’s Dream Chaser been picked as one of two finalists in NASA’s competition to ferry crew and cargo to ISS?
Tantalizing hints: Has Sierra Nevada’s Dream Chaser been picked as one of two finalists in NASA’s competition to ferry crew and cargo to ISS?
ESA is revamping how it builds rockets in order to compete with SpaceX.
The competition heats up: ESA is revamping how it builds rockets in order to compete with SpaceX.
ESA officials have been spooked by Space Exploration Technologies Corp. (SpaceX) of Hawthorne, Calif., which has demonstrated its technical prowess with the launch of its Falcon 9 rocket and Dragon cargo vehicle to the international space station. SpaceX officials say one of the keys to its success is that Falcon 9 is built in one factory owned by SpaceX.
Read the whole thing. The way ESA builds the Ariane rocket requires too many participants (what we in the U.S. call pork), raising its cost. ESA is now abandoning that approach to cut costs and thus compete with SpaceX.
The Virginia spaceport at Wallops Island is on schedule to hand control of its launchpad sometime this month so that Orbital Sciences can begin ground tests of its Antares rocket.
The Virginia spaceport at Wallops Island is on schedule later this month to hand control of its launchpad over to Orbital Sciences so it can begin ground tests of its Antares rocket.
The irony of this press release story is that Orbital has actually been running things, as it took over prepping the launchpad last year when the spaceport was unable to handle it.
Sierra Nevada has successfully completed testing of the nose landing gear for its Dream Chaser manned reusable spacecraft.
The competition heats up: Sierra Nevada has successfully completed testing of the nose landing gear for its Dream Chaser manned reusable spacecraft.
From Virgin Galactic come two announcements today
The competition heats up: From Virgin Galactic come two announcements today:
- Richard Branson and family will be the first tourists to fly on SpaceShipTwo.
- They are developing an orbital launcher to work with WhiteKnightTwo capable of putting 500 pounds in orbit.
The second is really the big news, especially as it appears they already have some customers.
LauncherOne will be a two-stage vehicle capable of carrying up to 500 pounds (225 kilograms) to orbit for prices below $10 million. The rocket will be launched from Virgin Galactic’s proven WhiteKnightTwo, the uniquely capable aircraft also designed to carry SpaceShipTwo aloft to begin her suborbital missions. Thanks to the extreme flexibility of air launch, Virgin Galactic’s customers will enjoy reduced infrastructure costs in addition to the wide range of possible launch locations tailored to individual mission requirements and weather conditions. Branson and other senior executives announced that work has already begun on the vehicle.
Vice President Paul Ryan?
I say “Please!” and I say it loudly. Picking Ryan for number two would reverse Ronald Reagan’s biggest mistake, picking moderate George Bush Sr. as his VP. The result of that bad choice was 12 years of Bush rule in the late 1980s and in the 2000s, during which there was little effort to rein in the power or size of government. In fact, the Bushes did a lot to increase government’s power and size.
Picking Ryan as VP would place a competent fiscal conservative into the limelight and make such a person a leading contender for the Presidency in future years. It would also help demonstrate again that the 2010 election was a trend, not a fluke.