Former astronaut John Grunsfeld is to take over NASA’s science post from Ed Weiler

Excellent choice: Former astronaut John Grunsfeld has been picked to take over NASA’s chief science post from Ed Weiler.

Not only is Grunsfeld an excellent choice, his experience as an astronaut repairing Hubble will help improve relations between the science and manned space programs. In the past, scientists have often argued against manned space, trying to get that money for their unmanned research probes. Instead, when manned space got cut, so did science, and no one won. Grunsfeld’s leadership I think will forestall these short-sighted complaints.

The astonishing collapse of MF Global

The astonishing collapse of MF Global.

The failure of broker MF Global is a unique event in the annals of American corporate history: To my knowledge, it’s the first time a CEO singlehandedly bankrupted his firm through actions that the board of directors was not only knowledgeable of, but had indeed expressly sanctioned. “That takes some talent!” quipped Roderick Hills, a former chairman of the SEC.

The article is long, detailed, and thorough. It describes a deep corruption that should chill the spine of anyone who has money in the investment world.

I must note that I do not advocate more regulations to eliminate this corruption. Such regulations never work. Take for example this quote from the article, describing the accounting systems that are required by law to prevent a client’s funds from being misused:

As noted above, it’s a major part of the CEO’s job to put the proper systems in place. In fact, regulations implemented through Sarbanes-Oxley — a bill that Corzine co-wrote while he was a senator — require that the CEO and CFO sign off on the effectiveness of the controls over financial reporting. … If those proper “controls and procedures” were in place, a breach of segregated client funds should have set off loud, blaring, obnoxious alarms that would have alerted management to that breach.

In the case of Jon Corzine and MF Global, those controls were obviously not in place, and thus the Sarbanes-Oxley bill wasn’t worth the paper that Corzine used to write the bill.

Rather than more regulations, what works is very simple and can be summed by two words: “Buyer beware.” Investors (as well as voters considering the political ambitions of Corzine and his friends) have to be more skeptical of whom they put their trust in. You have to protect yourself. You can’t ask others to do it for you.

Deficit may be biggest threat to ObamaCare

Well duh! Deficit may be biggest threat to ObamaCare.

I always opposed ObamaCare because I oppose the use of government to run our lives. But putting that minor point aside, it made absolutely no sense for the government to add this entitlement to the nation’s balance sheet at a time when that balance sheet is so completely in the red. The only time these kinds of government programs can possible work (if ever) is when there is lots of spare cash in the bank, something we definitely don’t have right now.

The Great Spending Betrayal

The great spending betrayal.

Over Friday and Saturday, 61% of House Republicans and 34% of Senate Republicans voted for the omnibus megabus bill. In doing so, not only did they violate their pledge pertaining to bundled (1200-page) bills and the 72-hour layover rule and agree to fund Obamacare, Dodd-Frank, Planned Parenthood, the EPA, the PLO and the UN; they actually agreed to spend almost $9 billion more than last year. Overall, budget authority will be $33 billion higher than the House budget, while appropriations for non-defense spending will be $45 billion more. One of the members who voted in the affirmative even agreed that he had voted for a “crap sandwich.”

One reason the budget is still growing is that two-thirds of the government is still controlled by the spendthrift Democratic Party. A second reason is that there are too many wimpy Republicans willing to compromise with these spendthrifts.

Which is why we have elections. 2012 should help fix this problem.

Obama’s Watergate

Obama’s Watergate.

Operation Fast and Furious was run by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF) and overseen by the Justice Department. It started under the leadership of Attorney General Eric H. Holder Jr. Fast and Furious enabled straw gun purchases from licensed dealers in Arizona, in which more than 2,000 weapons were smuggled to Mexican drug kingpins. ATF claims it was seeking to track the weapons as part of a larger crackdown on the growing violence in the Southwest. Instead, ATF effectively has armed murderous gangs. About 300 Mexicans have been killed by Fast and Furious weapons. More than 1,400 guns remain lost.

Budget deal cuts EPA by three percent

Another science budget update from Nature states that the budget deal will cut EPA by three percent.

This cut reduces EPA’s budget from its 2011 numbers by about $400 million. However, the agency’s total 2012 budget of $8.4 billion is still $1 billion more than it got in 2008, hardly what I’d call a draconian cut.

Once again, the inability of Congress to seriously face the deficit issue threatens to eventually destroy the U.S.’s ability to do any science. A bankrupt nation can’t do much but feed itself, as the scientists in the Soviet Union learned back in the 1990s.

The Fukushima nuclear reactor has reached the state of cold shutdown

Good news: The Fukushima nuclear reactor has reached the state of cold shutdown.

This means that the reactor core has cooled enough that there is no need to recirculate the water to keep the fuel cool. However, because the reactor continues to leak that water recirculation is still necessary, and will be for years.

As is typical of many modern journalists, the article above is also an unstated editorial both hostile to nuclear energy as well as private enterprise, best shown by the article’s concluding paragraph:

Meanwhile, the Japanese public and many of its politicians remained deeply mistrustful of the situation at Fukushima. In this week’s issue of Nature, two members of the Japanese parliament call for nationalization of the Fukushima Plant, to allow scientists and engineers to investigate exactly what happened inside the reactors, and to reassure the public that the decommissioning will be done with their interests at heart. Regardless of whether you agree with the authors, nationalization seems almost inevitable. The lengthy decommissioning process that will follow this cold shutdown, and the enormous cost involved, make it a job for a government, not a corporation. [emphasis mine]

First, he has no idea what the Japanese public thinks of this situation. Second, there is no evidence that the government could do this job better than the company that runs the reactor. Both conclusions are mere opinion, inserted inappropriately in a news article without any supporting proofs.

The Obama Justice Department is going after climategate whistleblowers

Thugs: The Obama Justice Department has joined the UK government to go after the climategate whistleblowers.

This action once again shows how completely tone deaf the Obama administration is. Attacking the messenger here will do nothing to convince anyone that global warming is happening. Instead, it will help to convince everyone that the whole thing is a fraud, and should be shut down.

The lost decade

The lost decade.

At home, the American people are less free, less prosperous, more bitterly divided, and much less hopeful in 2011 than in 2001 because a decade of the War on Terror brought a government ever bigger and more burdensome, as well as “security” measures that impede the innocent rather than focusing on wrongdoers. Our ruling class justified its ever-larger role in America’s domestic life by redefining war as a never-ending struggle against unspecified enemies for abstract objectives, and by asserting expertise far above that of ordinary Americans. After 9/11, far from deliberating on the best course to take, our rulers stayed on autopilot and hit the throttles.

An fascinating and amazing essay. I don’t agree with everything in it, but can’t deny the strength of its general points. For example:

Because the Bush Administration took CIA director George Tenet’s snap judgment that Osama bin Laden and al-Qaeda were responsible “game, set, and match” for 9/11 as a warrant for identifying them with America’s terrorist problem in general, it failed to ask the classic headwaters question: what is the problem? Had it done so, it might have noticed that the 9/11 hijackers were part of a wave of deadly disrespect for America that had been growing throughout the Muslim world—and not just there—for a generation. Had the Bush team focused on the realities that fed growing images of America as “the weak horse” (to use Osama bin Laden’s words), they would have had to consider who were the major contributors to that disrespect, what they and their predecessors had done to incur it, and then to decide what actions would restore it.

That would have pointed to the Middle East’s regimes, and to our ruling class’ relationship with them, as the problem’s ultimate source. The rulers of Iran, Iraq, Syria, Egypt, Saudi Arabia, and the Palestinian Authority had run (and continue to run) educational and media systems that demonize America. Under all of them, the Muslim Brotherhood or the Wahhabi sect spread that message in religious terms to Muslims in the West as well as at home. That message indicts America, among other things, for being weak. And indeed, ever since the 1970s U.S. policy had responded to acts of war and terrorism from the Muslim world by absolving the regimes for their subjects’ actions. For example, when Yasser Arafat’s PLO murdered U.S. ambassador Cleo Noel, our government continued building friendly relations with Arafat, and romancing the Saudi regime that was financing him. Since then the U.S. government has given $2.5 billion to the PLO. Part of the reason was unwarranted hope, part was fear, and part was the fact that many influential Americans were making money in the Arab world.

I have always believed that when we went to war after 9/11, we needed to clean out all of the corrupt regimes in the Middle East, much as we did after World War II. Sadly, Bush did not. Had Bush fought World War II like he fought the “War on Terror” he would have stopped at the German border after Normandy and declared victory.

Read the whole thing. There is a lot more there, about freedom, government oppression, the TSA, and much else. The read is definitely worth it.

Climate theatre of the absurd

Climate theater of the absurd.

The key thing to understand about the climate talks is that they’re not really about the climate. They’re about power and money. They are about the desire of fast-growing emitters such as Brazil, South Africa, India and China to extract billions in so-called climate reparations from rich countries, especially the United States. These and other so-called developing countries now account for more than half of greenhouse gas emissions. They want the rich countries to start cutting large amounts of carbon right away, while they do nothing. The rich countries are understandably reluctant. Hence the impasse.

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