Category Archives: Business

Virgin Galactic

Almost a year after the loss of SpaceShipTwo, Doug Messier has some questions about their switch back to a rubber engine. The answers are unsatisfactory. And there’s this perennial bit:

Despite Richard Branson’s increasingly dire pronouncements (The Time for Climate Action is Now) about how rising global temperatures and sea levels threaten the planet (and his private island home), it looks as if Virgin Galactic will go back to using a carbon spewing rubber hybrid rocket engine to power SpaceShipTwo.

That’s the word from Virgin Galactic officials in Mojave, who say that the rubber/nitrous oxide engine they previously abandoned is now performing better than the supposedly superior nylon/nitrous oxide engine they abandoned it for in May 2014. It’s not entirely certain, but it looks that way.

Branson won’t lose any sleep over this further expansion of his carbon footprint. He never has. Anyone who can passionately advocate for the climate while flying around the world in a private jet, expanding his fuel-gulping airlines, launching three new massive cruise ships, and burning rubber in the upper atmosphere is clearly untroubled by irony or contradictions. Here’s a guy who urges billions in new public spending on climate change while living as a tax exile in the British Virgin Islands.

As Emerson said, a foolish consistency is the hobgoblin of small minds.

Income Inequality

What Bernie Sanders doesn’t understand about it.

To be fair, of course, I don’t think Bernie Sanders understands anything about anything.

Related: Bernie Sanders and the fixed-pie fallacy. He (like all Marxists) doesn’t understand that wealth is created, or how. He thinks it’s just something to be magically redistributed.

[Update a few minutes later]

Unfortunately for the Marxists, the American people don’t think that wealth inequality is a crisis. They don’t think that climate change is, either. It barely makes the list.

[Update a few minutes later]

Dems appeal to “progressives,” not all Americans.

There’s nothing progressive about them. Forced wealth redistribution is the oldest game in the book. Free markets are what are new and revolutionary.

SpaceX Return To Flight

Orbcomm is going to go first:

SpaceX on Oct. 16 said it had changed its return-to-flight plans and would first launch 11 small Orbcomm messaging satellites into low Earth orbit, and then test reignition of the redesigned second-stage engine during the same flight before launching SES’s heavier telecommunications satellite into higher orbit, a mission that will need the reignition capability.

Luxembourg-based SES said the company was comfortable with ceding its slot to Rochelle Park, New Jersey-based Orbcomm, especially since SpaceX has said it can launch the SES-9 telecommunications satellite into geostationary orbit in late December.

So December may be an interesting month, with two landing attempts.