Category Archives: Business

The Pension Crisis

It keeps getting worse.

As I’ve said in the past, if the federal government bails out a state, it should be under the conditions that it revert to territory status until it has demonstrated fiscal responsibility over a long period of time. And in the case of California, it should not be allowed to come back in as a single state. If this requires a constitutional amendment, I’ll bet you could slam one through enough of the more fiscally prudent states pretty quickly.

The Cloud People

versus the Ground People.

I totally get the anger that has created Trump. I share it. But I will never understand why they don’t see that he’s a false vessel for it.

Also, this is funny but sad, about Whole Foods customers.

[Update a while later]

This seems related: The new WASPs are Asians in Silicon Valley.

SpaceX’s Manifest And Schedule

Peter Selding has a good report on what Gwynne said earlier this week.

I don’t think sixteen more flights this year is overly ambitious. I’d sure like to see the heavy fly in November, the new announced date, but I also won’t be at all surprised to see it slip into 2017. And from what she said, I’m very encouraged about minimum refurbishment.

[Update in the afternoon]

Oh, isn’t this cute. Roscosmos thinks it can compete by cutting manufacturing costs on Angara.

More On Blue Origin

Eric Berger has more details from Jeff Bezos on flight-test plans. If I were to do a new edition of the book, I’d replace references to Armadillo with what we now know about Blue Origin. It’s an entirely different approach from XCOR and Virgin Galactic; “Look ma, no pilot.”

[Update a while later]

“To let space travel flourish, leave it to the cranks and crackpots.”

Yes. Let’s end Apolloism and NASA worship.

[Update a few minutes later]

I think that Loren Grush has a legitimate complaint about who was, and wasn’t invited to that tour. It’s not at all clear how Blue Origin came up with the list. Alan Boyle was obvious, because he’s in Seattle and has been covering this stuff for years, as were Eric Berger and Jeff Foust, but I think that they could have accommodated more, and more women.