You have lost control of the oil market, probably permanently. Boo hoo.
[Monday-morning update]
OPEC’s cuts are treading water. “The simplified version is that U.S. oil production is reaching a point where OPEC can choose to sell 100 barrels at $50, or 125 barrels at $40. They can choose between higher profit margins or larger market share, but the days of having both are over for now.”
Loren Grush has the details.
This is just a proposal; as she notes, Culberson is likely to restore the Europa lander. And in general, the White House proposes, and Congress disposes. What really matters is what gets appropriated.
The worst thing about the NASA budget proposal is that SLS/Orion survive. https://t.co/rAXed575QU
— Rand Simberg (@Rand_Simberg) March 17, 2017
No, that’s not how insurance works. The word “insurance” has lost all meaning in the context of the health-care debate.
But this raises another issue. I’ve been seeing stories that insurance companies are factoring “climate change” into their premiums. These people have real skin in the climate game, and I’m wondering if they’re taking the “climate scientists” too seriously, and creating a market opportunity for an insurer who doesn’t buy the nonsense?
An interesting history, including a bonus discussion of space tourism.
Are you really worse off?
The word “insurance” has lost all meaning when it comes to health care, and the continual confusion and conflation of the two lies at the root of much of the problem. Crazy idea: I want a health savings account to deal with normal medical expenses, and insurance for catastrophes. You know, the way insurance used to be until it got screwed up by wage controls during the war and union negotiators.
Entirely not unexpectedly, they have some terrible suggestions for Trump and NASA:
- Maintain the exploration of Mars as the organizing principle for NASA’s human spaceflight program
- Direct NASA to plan an executable, affordable path for sending humans to Mars orbit by 2033
- Expand NASA’s highly successful science portfolio
- Continue to grow and support the commercial space industry
- Initiate annual five percent increases to NASA’s budget for five years
The only good one is the fourth. Here are mine:
Should they be “permissionless”? Marcia Smith reports on an interesting hearing on the Hill last week, which I attended.
Trump is going to order a government-wide review of it.
If Trump really wants to review wasteful government spending, at NASA he can start with SLS/Orion: https://t.co/eR8yiprfgO
— Rand Simberg (@Rand_Simberg) March 13, 2017
[Update a while later]
Congratulations to Altius Space Machines for their NASA SBIR Phase II win for cryo propellant transfer technology development. If we canceled SLS/Orion, we could found several thousand efforts like this.
Its screwed-up history. Yes, it’s long past time to end the differential tax treatment for corporations and individuals.
Ted Cruz may have found a way.
I think we have to face the fact that, thanks to “progressives,” first with the 17th amendment, then ending the need for actual filibusters, and more recently the eviscerating of the filibuster for lower courts, the Senate has lost its original role of being (supposedly in George Washington’s words) the saucer into which the hot tea of the House was poured to cool. It’s a shame, because the Republicans are likely to pick up a number of Senate seats in 2018, due to the disparity between the two parties in how many are up for re-election.