Category Archives: Business

Business, Space, Technology and Society

Siebold’s Testimony

Sounds like he didn’t have any new information for the NTSB, but I’d still like to hear his description of the engine burn and vibration environment. Note, it doesn’t say he doesn’t remember the feathers being unlocked, but that he was unaware of it (i.e., cognizant of his experience right up until breakup).

[Update a few minutes later]

Andy Pasztor has the problematic history of the program. I haven’t read it yet.

[Update a while later]

OK, the WSJ piece seems to line up pretty well with my own understanding of the history. I talked to Jon Ostrower last week to give him some background, and he seems to have incorporated some of what I told him, though he didn’t quote me. Which is fine.

Business, Economics, Technology and Society

Changing Junkyards

4 Comments

It’s not the way it used to be.

Longer ago than I care to think about (OK, four decades or so), I regularly visited a place out in Holly, MI to scrounge parts for my British sports cars. Every other time or so, when I’d go out, and come back with the part I needed, the owner (or manager) would ask me if I wanted a job. The last time I did it was in the nineties, when I went to a place on Hawthorne Blvd in Hawthorne to get a distributor for my Honda Accord, whose shaft had sheared off on the 405 in Orange County.

Business, Economics, Media Criticism, Political Commentary, Science And Society, Technology and Society

Another Green “Stimulus” Fail

57 Comments

Google and others want a taxpayer bail out for their desert bird roaster.

That looks like a nice bill for the new Congress to make Obama have to sign.

More at (appropriately) Powerline:

The sheer temerity of the request is almost outweighed by the unintended humor of their explanation for the failure of their project: the Sun isn’t shining as much as they thought it would. But I think they’re barking up the wrong tree: rather than ask for your money so they don’t have to use their money, they should ask the guy who said he would make the oceans recede, to order the Sun to stop slacking — rudely continuing to shine as it has for five billion years — and brighten up for Google, NRG, and Obama’s legacy.

What fools these mortals who support this insanity be.

Business, Health, Media Criticism, Political Commentary

ObamaCare

14 Comments

…is going back to SCOTUS.

This makes the en bank ruling in DC pointless.

I’m guessing they’ll find that the subsidies aren’t legal. The question is whether or not they’ll strike down the whole law this time, because they’re a pretty fundamental part of it.

[Update a few minutes later]

Here’s an explainer from SCOTUSblog.

[Update a while later]

And here‘s Jonathan Adler’s take:

With this grant, the court has the opportunity to reaffirm the principle that the law is what Congress enacts, not what the administration or others wish Congress had enacted with the benefit of hindsight. Granting tax credits to those who need help purchasing health insurance may be a good idea, and may have bipartisan support, but the IRS lacks the authority to authorize such tax credits where Congress failed to do so. The PPACA only authorizes tax credits for the purchase of insurance on exchanges “established by the State.”

Yup. To grant an agency that kind of discretion would be a form of tyranny.

[Update a few minutes later]

Six potential effects of a ruling against HHS.