…is dying.
Can’t happen too soon.
Category Archives: Business
Locavorism
Beware the high priests of the religion. This is certainly not something that the government should be involved with.
A Battery Breakthrough?
Let’s hope this pans out. Among other things, it would solve Boeing’s problem. In fact, it might make electric airplanes possible, let alone cars. And some obvious space applications.
The Wreck Of The Euro
It has already failed, and is a dead currency walking:
…we’re in an interesting situation. The crisis is crippling the south, but the south has no power to resolve the crisis. The crisis isn’t comfortable for the north but still looks less painful than the solution. So the north, which has the ability to resolve the crisis, doesn’t have the will to do it and the south, which has the will, lacks the ability.
And meanwhile everything in Europe gets worse. As we’ve said before, with the exception of communism itself, the euro has been the biggest economic catastrophe to befall the continent (and the world) since the 1930s. Politicians in Europe thought they were living in a post-historical period in which mistakes didn’t really matter all that much. They were horribly wrong, and the wreck of the euro is blighting lives and embittering spirits on a truly staggering scale.
An “interesting” situation in the same sense as the ancient Chinese curse, “May you live in interesting times.”
Crowdfunding Space
Jeff Foust has a piece up on the topic over at The Space Review.
The GOP Problem With Minorities
It’s not that they’re for small government — it’s that they’re inconsistently so:
Consider Indian Americans: More than 85 percent voted for Barack Obama, and 65 percent generally vote Democratic. This despite the fact that, like Jews (another anti-Republican minority), Indian Americans are wealthier and less likely to receive government support than the overall population. What’s more, Indian Americans should be natural allies of limited-government politicians, given how much government dysfunction they’ve witnessed back home.
So how do Republicans manage to alienate nearly every minority? By applying limited-government principles very selectively. During the last 50 years the GOP has opposed welfare handouts, racial preferences, and multiculturalism. Yet the Party of Lincoln has looked the other way when the government has oppressed minorities through racial profiling, discriminatory sentencing laws, and, above all, immigration policy.
America’s immigration laws are an exercise in social engineering that should offend any sincere believer in limited government. They strictly limit the number of foreigners allowed from any one country, largely to prevent America from being overrun by Hispanics and Asians.
We definitely need immigration reform, but not the kind being worked on by the Gang of Eight.
Space Access ’13
Obama’s Budget
That is, its failure:
Let’s start with the bottom line. Obama proposes to spend $3.78 trillion dollars in FY2014, the highest level of spending ever. Cato Institute’s Chris Edwards calculates this against the budget that preceded Obama’s term in office, the FY2008 budget that was the last to get a signature from George W. Bush. Obama’s proposal increases spending by 27 percent over those six years and by 8 percent over the last normal-order budget for FY2010.
This increase comes despite Obama’s promises to introduce budget and deficit discipline, and in defiance of voters who want the federal government to reduce spending. It comes after the initiation of the budget sequester, which was supposed to lop off a mere $85 billion in spending each year for the next decade, which would have been just 2.3 percent of last year’s budget. Instead, this proposal would increase spending by $154 billion, almost twice what sequestration was supposed to save taxpayers.
So much for a multi-year approach to fiscal discipline! Obama’s budget bypasses the very sequester his White House demanded and got in 2011. AEI’s Jim Pethokoukis pointed out that Obama’s own budget office projected that the new budget proposal would lead to a balanced budget by … 2055. That assumes, of course, that whatever savings Obama claims to make in this budget will last 41 years longer than the sequester savings did.
Needless to say, Republicans on Capitol Hill were not impressed.
Well, his gall is impressive.
And then there’s the criticism from the nutjob left:
The Economic Ignorance
Stairs
How to make them irresistible.
This is a pet peeve of mine. For anything less than four or five floors, I much prefer stairs to elevators, not just for health reasons, but because it can be faster than waiting for one, but in a lot of places, they make it very hard. I just found the stairway here at the Broadmoor Conference Center, but it’s very clear that they’d prefer the guests not see or use it. At the Grace Inn in Phoenix, where Space Access has been for the past few years, they lock the doors to enter it from the bottom, so you can go down, but not up.