How Obamacare is Hastening the bankruptcy of state governments

Repeal the damn bill! How Obamacare is hastening the bankruptcy of state governments. Key quote:

If state Medicaid spending increases by 41 percent as projected by [the Centers for Medicare and Medicaid Services], then by next year Medicaid could end up consuming nearly 30 percent of the average state budget. Medicaid would greatly exceed all other state priorities, including education, which tops state budgets at about 22 percent. In fact, state spending on education would experience certain cuts next year. [emphasis mine]

Automakers suing EPA over higher ethanol mix gas

Good intentions strikes again! Automakers are suing the EPA over its decision to allow a higher ethanol mixture in gasoline. Key quote:

Automakers say they are worried the EPA decision would eventually lead to motorists unknowingly filling up their older cars and trucks with E15 and hurting their engines. The problem could be exacerbated if E15 fuels are cheaper than more conventional blends, prompting owners of older vehicles to use the fuel despite the potential engine problems.

A Few Words In Praise of Fear

A few words in praise of fear. Key quote:

In Washington and in statehouses around the country, the reality of the pending Fiscal Armageddon is starting to seep into the thick skulls of the elected class. Jerry Brown pronounced himself “shocked” once he got a good peek at California’s balance sheet. Off the record, politicians of both parties are starting to concede that a lot of the old ideological disputes at now moot, because there simply isn’t any money. It’s not a question of whether there are going to be deep cuts and fundamental restructuring, but when and how much. [emphasis mine]

The lack of money affects NASA’s future as much as anything. The future of space does not lie in government funding, no matter what people tell you.

Federal examiners Force Oklahoma Bank To Remove Crosses and Bible Verse

Freedom of speech alert: Federal bank examiners have forced an Oklahoma bank to remove all Christian symbols. Key quote:

The examiners . . . deemed a Bible verse of the day, crosses on the teller’s counter and buttons that say “Merry Christmas, God With Us.” [as] inappropriate. The Bible verse of the day on the bank’s Internet site also had to be taken down.

What these things have to do with auditing the financial practices of a bank I really don’t know.

‘Human-rating’ document hits the Web with new name

O joy! NASA, in releasing its preliminary regulations for “human-rating” a manned spacecraft., has also given the regulations a new name. They should not be called “human-rated.” This should solve everything! Also:

The five 1100-series documents outline mandatory crew transportation certification requirements, technical, safety and crew health specifications, the roles of NASA and industry and how to achieve government certification, design reference missions and goals for a space station human transportation system, and ground and flight operations processes. While the broad certification document released Dec. 10 only runs 39 pages, the 1100-series specifications reportedly run hundreds of pages each.

DeMint wants to have the omnibus read

Maybe this might stop the spending: Republican Senator Jim DeMint wants the Senate to read the entire 1900-plus omnibus budget bill before anyone votes on it. Key quote

The reading could take 40 hours, some news outlets estimate. Last year, Sen. Tom Coburn, R-Okla., forced the reading of an 800-page amendment on the Senate floor. The reading ended when Sanders, who had proposed the amendment, came to the floor to withdraw it.

Boeing Submits Proposal for 2nd Round of NASA Commercial Crew Development Program

In competition with the Orbital/Virgin Galactic proposal I mentioned yesterday, Boeing has submitted its own proposal to provide crew and cargo ferrying service to ISS.

Considering the federal budget debt and the political winds for reducing that debt, I have great doubts the subsidies for these proposals will ever arrive. Nonetheless, with the end of the shuttle program and nothing to replace it, the United States has a serious need for a system to get crew and cargo into space. And in a free society, fulfilling that need means profits, which is why these proposals are beginning to appear, and will get built, regardless of whether Congress funds them up front or later buys the services.

NASA Picks New Chief Scientist

Today’s announcement by the Obama administration of their choice for NASA’s new chief scientist, Waleed Abdalati, reveals once again how much climate research guides their thinking, not space exploration. Key quote:

His research has focused on the study of polar ice cover using satellite and airborne instruments. He has led or participated in nine field and airborne campaigns in the Arctic and the Antarctic.

This is not a criticism of Dr. Abdalati. His research interests, however, make very clear where the Obama administration really wants NASA to look: down at the Earth instead of up beyond Earth orbit.

1 295 296 297 298 299 304