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 Tortoise and the Hare

The tortoise and the hare.

Smith looks at the published construction and flight timelines for the government’s Space Launch System and the private company Golden Spike, and finds something I’ve been noting for several years, there is a new space race going on. And I think private space will win it.

Another perspective — the one I have — is that this creates a new Space Race.

In the starting gate at High Bay 3 is the SLS, a program larded by Congressional pork, dubbed the Senate Launch System by its critics. Many observers believe that it will one day fall to innate political and bureaucratic flaws, as did Constellation before it.

In the other starting gate at High Bay 1 is Golden Spike — all talk so far, but the pieces seem to be falling into place to make the company a viable lunar option. Add to the mix the May 23 teleconference discussing the NASA agreement that allows Bigelow Aerospace to ally NewSpace companies into a possible commercial cislunar program. The report hasn’t been released yet, but it’s logical to assume that Golden Spike is one of those companies.

As with all space programs — government or commercial, crewed or unmanned — these timelines should be viewed with the greatest of skepticism.

But we’re starting to see all the pieces fall into place for the great Space Race of the 21st Century. To the victor goes access to the Final Frontier.

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The stupidity of gun free zones.

The stupidity of gun free zones.

On Monday, May 20, Dan was teaching gym and carrying his handgun in an inside-the-waistband hip holster. So, there was zero chance that his gun would fall out of his holster or hurt his students and a 100 percent chance that Daniel could defend his students if a gunman breached the school. Daniel is highly competent with firearms; he practices at the range monthly and also takes yearly classes to advance his firearm skills.

Another teacher observed what must have been the silhouette of Daniel’s handgun beneath his clothes while he was actively teaching his students. This teacher-observer panicked and told the principal that Daniel had a gun. Without investigating, the principal immediately called the police. Despite the fact that Daniel is a concealed-carry permit holder with a spotless record, the police arrested him for carrying in a “gun free zone.”

A few police officers tried to remove Daniel’s gun from his holster and were unable so Daniel had to tell them how. Which, again, speaks to how secure Daniel’s gun was at his side. To reiterate, there was no chance that his gun would endanger children; there was a very large chance that Daniel could use his gun to save their lives. The Wichita Police Department is a 12-minute drive and seven miles away from White Elementary. In the event of a mass attack, hundreds of defenseless children and teachers could be killed before the cops would arrive.

The man stands to go to jail, for doing nothing more than being prepared to defend the lives of the children he teaches.

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Did the IRS audit two long-established well-known Christian ministries because of their opposition to Democratic policies?

Did the IRS audit two long-established well-known Christian ministries because of their opposition to Democratic policies?

The timing of both audits is quite intriguing, especially considering that both organizations have existed for many decades without ever getting an audit. Note too that while the audits cost the organizations money, neither found anything wrong.

Sounds like harassment to me.

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A judge has ruled that JPL had no right to displine five scientists for sending emails at work protesting the security measures taken by the Bush administration after 9/11.

A judge has ruled that JPL had no right to displine five scientists for sending emails at work, protesting the security measures taken by the Bush administration after 9/11.

I have no problem with this decision, and in fact I applaud it, as I think it completely inappropriate for JPL to discipline anyone for expressing their opinions about the politics of our time. I contrast this ruling however, which essentially celebrates the freedom of JPL employees to attack the policies of a Republican administration using government resources, with the case of David Coppedge, who was fired by JPL because he happened to express conservative religious opinions while working at JPL. In the case of Coppedge, the courts ruled that it was okay for JPL to fire him.

The contrast illustrates the double standard of our time. In modern America, you are always allowed to express liberal or Democratic Party values, anywhere, anytime, and with whatever resources you can take advantage of. Freedom insists that you have that right. Should you express conservative values, however, be careful. You can be punished for doing so. For some reason (political I suspect) freedom does not permit the expression of these ideas, in all circumstances.

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Seventeen of the nation’s largest healthcare insurance companies now say premiums will rise from 100 to 400 percent under Obamacare.

Finding out what’s in it: Seventeen of the nation’s largest healthcare insurance companies now say premiums will rise from 100 to 400 percent under Obamacare.

The key reasons for the surge in premiums include providing wider services than people are now paying for and adding less healthy people to the roles of insured, said the report.

Now ain’t that a surprise? The rates go up when you require insurance companies to provide more services while simultaneously requiring them to insure more sick people! Who wudda thunk it?

Actually, every Republican and conservative in the nation, as well as millions of Americans at townhall meetings in 2010, were screaming these basic facts of reality to the Democrats. They just refused to listen.

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Ten crazy and unconstitutional demands made by the IRS to conservative organizations in its effort to harass opponents of the Democratic Party.

Ten crazy and unconstitutional demands made by the IRS to conservative organizations in its effort to harass opponents of the Democratic Party.

All of the examples above are taken from actual IRS correspondence received by ACLJ’s 27 clients. There were many versions of the in-depth questionnaire sent to different organizations, suggesting there was more than one agent or one office involved. Though IRS officials blamed “low-level” employees in the Cincinnati office, which is the central IRS office in charge of tax exemptions, French said the abuse was far more widespread. ACLJ’s clients dealt with inquiries from IRS offices from “coast to coast.” Of ACLJ’s 27 clients, 15 finally had their status approved after 6-7 months with legal help. There are 12 groups whose status remains in limbo.

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House Republicans have refused to recommend anyone to the Obamacare Independent Payment Advisory Board (IPAB), labeled “the death panel” by some.

House Republicans have refused to recommend anyone to the Obamacare Independent Payment Advisory Board (IPAB), labeled “the death panel” by some.

“We believe Congress should repeal IPAB, just as we believe we ought to repeal the entire health care law,” the Boehner and McConnell letter reads.

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America the fallen: Twenty-four signs that our once proud cities are turning into poverty-stricken hellholes.

The day of reckoning looms: America the fallen: Twenty-four signs that our once proud cities are turning into poverty-stricken hellholes.

It is important to note that every single one of the cities cited in this article has been under Democratic Party rule for decades. While the decline is not entirely their fault, their tax-and-spend policies combined with a passion for heavy regulation certainly share much of the blame.

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Senator Max Baucus (D-Mont.) said Wednesday he fears a “train wreck” as the Obama administration implements Obamacare

Idiot: Senator Max Baucus (D-Mont.) said Wednesday he fears a “train wreck” as the Obama administration implements Obamacare.

Baucus was one of the key architects of Obamacare and voted for it, along with every other Democrat in Congress. That he is only now discovering what a bad law it is is just further proof that he should fired.

The real question is whether the voters will fire him. After the last election I have my doubts.

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Because its FAA test flight permit will expire on May 23, SpaceShipTwo’s first powered flight has to occur by then and be supersonic.

The competition heats up: Because its FAA test flight permit will expire on May 23, SpaceShipTwo’s first powered flight has to occur by then and be supersonic.

What is unclear to me is how the expiration of this permit could affect future flights. Does Virgin Galactic have to get a new permit to continue test flights? What about the tourist flights that are supposed to follow?

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