Rocket Lab suspends launches due to Wuhan virus

Chicken Little wins again! Rocket Lab announced yesterday that it is postponing its next launch from New Zealand, scheduled for March 30, due to the Wuhan virus.

The decision to postpone the launch came after the government of New Zealand announced March 23 that it was moving to Level 4, or its highest response level to the pandemic, effective just before midnight local time March 25. Under Level 4, residents are instructed to remain at home and only essential businesses allowed to remain open.

What the government considers essential is very limited. “Only the businesses absolutely essential to ensure the necessities of life, like supermarkets and pharmacies, can stay open. If in doubt, the business premises should be closed,” Paul Stocks, deputy chief executive of New Zealand’s Ministry of Business, Innovation and Employment said in a March 24 statement.

My sense is that Rocket Lab was forced to do this by the government. The result is the government has become more powerful, and private enterprise weaker, partly because of the former, and partly because its profit margin will be slashed due to the unnecessary delay.

European planetary missions go dark because of Wuhan virus

The European Space Agency has suspended operations and shut down several planetary missions, including two Mars orbiters and two solar missions, because of lockdowns imposed because of COVID-19.

The problem is that they don’t have enough people in their mission controls to operate everything. They are shutting these down so that they can continue operations on their Mecury mission BepiColumbo, for example.

The article also tries to lay the blame for the recently announced launch delay of Europe’s Mars 2020 rover to 2022 on the virus, but that’s false. The mission was delayed because it simply wasn’t ready.

Bezos’ Feb Amazon stock sale earned $3.4 billion, not $1.8 billion

In early February Jeff Bezos sold of 3% of his Amazon stock, almost twice what had been reported at the time, earning him $3.4 billion not $1.8 billion.

This information is part of an overall sell-off in early February by the top executives of many U.S. companies, totaling $9.2 billion.

While Mr. Bezos’s sales accounted for more than a third of the 2020 sales, thousands of other insiders sold stock. More than 150 executives and officers individually sold at least $1 million worth of stock in February and March after having sold no stock in the previous 12 months, the Journal analysis found.

Wall Street executives also sold large dollar amounts, including Laurence Fink, CEO of BlackRock Inc., who sold $25 million of his company shares on Feb. 14, pre-empting potential losses of more than $9.3 million and Lance Uggla, CEO of IHS Markit Ltd., a data and analytics firm, who sold $47 million of his shares around Feb. 19. Those shares would have dropped in value by $19.2 million if Mr. Uggla had retained them. A spokesperson said the shares were sold under a preset plan.

These early February sell offs are in addition to the sudden sales of stock by four Senators, all conveniently timed to beat the crash that has since occurred.

If I was a cynic I would say they got inside information from their buddies in Congress and the state governments, telling them that the government was going to shut down the economy because of COVID-19, and you better sell.

If I was a fool I’d say that can’t be, these people are all upfront and honest, especially those in Congress. They would never work with the big stockholders on Wall Street to manipulate stocks so those stockholders could make a killing. Never!

Meanwhile, Bezos’ stock sale now gives him a total of $8.2 billion in cash from all his stock sales since 2017. While he has said this money was intended to support his space company Blue Origin, he has also said he wants to spend $10 billion on “climate change.”

Bigelow lays off everyone

Bigelow Aerospace, builder of commercial space stations, has laid off its entire workforce, stating this was due to the lockdown by Nevada’s state government due to the Wuhan flu.

According to sources familiar with the company’s activities, Bigelow Aerospace’s 68 employees were informed that they were being laid off, effective immediately. An additional 20 employees were laid off the previous week.

Those sources said that the company, based in North Las Vegas, Nevada, was halting operations because of what one person described as a “perfect storm of problems” that included the coronavirus pandemic. On March 20, Nevada Gov. Steve Sisolak signed an emergency directive ordering all “nonessential” businesses to close.

A company spokesperson confirmed March 23 that the company laid off all its employees because of the governor’s order, and that it faced “fines, penalties and threats of having our business license revoked” if it remained open. The spokesperson added that the company planned to hire workers back once the emergency directive was lifted, although other sources interpreted the layoffs as a permanent measure.

Considering how Bigelow has allowed other commercial space station companies, such as Axiom, to move ahead of it, this decision is not surprising. The panic over COVID-19 only pushed it along.

Whether Bigelow as a company returns once the coronavirus panic subsides however remains an open question.

Power is what the COVID-19 government panic is really about

While common sense, caution, and the human ability to adapt to fluctuating circumstances requires our society to react to the COVID-19 epidemic spreading across the globe, our additional ability to think coolly and rationally requires us to not allow our emotions to run wildly and out-of-control, taking actions that might feel good for a moment but do no good and maybe more harm in the long run.

It also requires to look closely at the actions of our lawmakers, whose motives are now commonly not driven by an interest in the country but by their own interests and an insatiable desire for power. Two stories this past weekend were quite revealing in this context.

First we have the incredible request by the Justice Department for new special powers so that it can supposedly react to the epidemic properly.
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The real facts about COVID-19 show the panic about it is absurd

UPDATE 2: The article censored by Medium has now been posted at zero hedge, and I have changed the link below. As I said, spend some time reading it. The information is substantial, the analysis thoughtful and detailed, and the perspective calm and rational.

UPDATE 1: The article I link to has been blocked by the server. You get this message:

Error
410
This post is under investigation or was found in violation of the Medium Rules.

Or to put it more bluntly, “Medium Rules” are hostile to thoughtful, fact-based analysis. Quite disgusting. If I was the writer I would switch servers in a heartbeat. And if I was another writer on the same server I’d tell them to go to hell as well.

You can read another analysis of the article here, which provides a few more quotes from the article. I will also not be surprised if the article reappears shortly.
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Original post:

Link here. The article is incredibly detailed about every single aspect of the virus, and finds that it is simply not significantly different from the flu. The numbers outlined also confirm my conclusions from earlier in the week, that the panic over the Wuhan/COVID-19/coronavirus are simply unwarranted. More than anything else, this fact about the virus illustrates this fact:

Dr. Paul Auwaerter, the Clinical Director for the Division of Infectious Diseases at Johns Hopkins University School of Medicine echoes [other findings], “If you have a COVID-19 patient in your household, your risk of developing the infection is about 10%….If you were casually exposed to the virus in the workplace (e.g., you were not locked up in conference room for six hours with someone who was infected [like a hospital]), your chance of infection is about 0.5%”

According to Dr. Auwaerter, these transmission rates are very similar to the seasonal flu.

To put it mildly, this epidemic is a nothing burger. Yes, it is killing a small percentage of the population worldwide, but almost all of those are old and already sick. Yes, it is spreading fast, but the spread is comparable to the flu and is thus not special or unusual.

And yes, actions to slow the spread will be helpful to both the scientists trying to come up with treatments and cures and the healthcare system that has to treat this new influx of patients, but the autocratic restrictions being imposed by state and city governments in the U.S. are almost all counter-productive. As the article notes:

Local governments and politicians are inflicting massive harm and disruption with little evidence to support their draconian edicts. Every local government is in a mimetic race to one-up each other in authoritarian city ordinances to show us who has more “abundance of caution”. Politicians are competing, not on more evidence or more COVID-19 cures but more caution. As unemployment rises and families feel unbearably burdened already, they feel pressure to “fix” the situation they created with even more radical and “creative” policy solutions. This only creates more problems and an even larger snowball effect. The first place to start is to stop killing the patient and focus on what works.

Start with basic hygiene: The most effective means to reduce spread is basic hygiene. Most American’s don’t wash their hands enough and aren’t aware of how to actually wash your hands. Masks aren’t particularly effective if you touch your eyes with infected hands. Ask businesses and public places to freely distribute disinfectant wipes and hand sanitizer to the customers and patrons. If you get sick or feel sick, stay home. These are basic rules for preventing illness that doesn’t require trillions of dollars.

Meanwhile, our federal government is about to pass a one to two trillion dollar stimulus bill that will further bankrupt the government, aimed at distributing money, not for developing and making available the necessary drugs to combat the virus, but to their buddies and to Americans as a pay-off for their terrible policies that are destroying jobs, incomes, lives, and the economy.

Read it all. Take your time doing it, as the amount of information is substantial. The bottom line, however, is that if you inform yourself properly about COVID-19, you will realize that we are panicking for no reason. And with our panic we are allowing corrupt politicians to destroy our freedoms and rights while they increase their power over us.

French and American studies find drug that can treat COVID-19

It isn’t a vaccine that will prevent infection, but tests in France and in the U.S. now show that a drug normally used to treat malaria is very effective in reducing the symptoms of the Wuhan virus.

He said that the first Covid-19 patients he had treated with the drug chloroquine had seen a rapid and effective speeding up of their healing process, and a sharp decrease in the amount of time they remained contagious.

Chloroquine – which is normally used mainly to prevent and treat malaria – was administered via the named drug, Plaquenil.

The drug is readily available and can be prescribed to anyone who is considered threatened by the virus to help them get better why reducing the chances of them giving it to others.

COVID-19: the unwarranted panic

Four more stories today indicate once again that the worldwide panic over the corona/COVID-19/Wuhan virus is strongly unwarranted:

The first report, from the science journal Science, provides an update on the situation in South Korea, where testing for the virus has been the most thorough of any nation in the world and where, because of that extensive testing, has shown the death rate has turned out to be far lower than the preliminary statistics have suggested. Out of a population of 50 million, slightly more than 8,000 have been infected, with only 81 dying. This is a death rate of 0.9%, higher than the flu’s 0.1% but not horribly so. And like the flu, most of those deaths have been among the elderly.

The numbers there are now dropping, indicating that the disease might have run its course without causing a catastrophic disaster. There is still a chance it could break out again, but the data suggests otherwise.

Moreover, South Korea controlled the situation without any strong-arm authoritarian tactics, as seen in China and as becoming popular here in the formerly free U.S.

“South Korea is a democratic republic, we feel a lockdown is not a reasonable choice,” says Kim Woo-Joo, an infectious disease specialist at Korea University.

It sadly appears that South Koreans might value freedom more than too many of today’s Americans.

The second article describes research from Wuhan in Hubei province in China, reconfirming the South Korean data. There it appears the death rate was 1.4%, only slightly higher than in South Korea. And once again, the death rate is mostly confined to the older population with already existing health issues, like the flu:
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Tuesday at the non-existent Lunar & Planetary Science Conference

Boulder on Bennu with changes in layered texture changes

Today was supposed to have been the second day of the week-long 51st annual Lunar & Planetary Conference, sadly cancelled due to fear of the Wuhan virus. As I had planned to attend, I am now spending each day this week reviewing the abstracts of the planned presentations, and giving my readers a review of what scientists had hoped to present. Because I am not in the room with these scientists, however, I cannot quickly get answers to any questions I might have, so for these daily reports my reporting must be more superficial than I would like.

On this day the most significant reports came from scientists working on the probes to the asteroids Bennu and Ryugu as well as the probes to the Moon. The image to right for example is from one abstract [pdf] that studied the texture differences found fourteen boulders on Bennu. The arrows point to the contacts between the different textures, suggesting the existence of layers. Such layers could not have been created on Bennu. Instead, these rocks must have formed on a parent body large enough and existing long enough for such geological processes to take place. At some point that parent body was hit, flinging debris into space that eventually reassembled into the rubble pile of boulders that is Bennu.

Other abstracts from scientists from both the Hayabusa-2 mission to Ryugu and the OSIRIS-REx mission to Bennu covered a whole range of topics:
» Read more

Arianespace suspends all launches from French Guiana due to COVID-19

The insanity mounts! Arianespace today announced it is suspending all launches from its French Guiana launchsite due to COVID-19.

No word on how long this suspension will last. So far, French Guiana has six confirmed cases of the Wuhan virus. In recent years that nation has routinely seen between one to two thousand flu cases. I wonder why they didn’t shut down then?

Or if they can ever reopen, considering the severity of flu cases annually?

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