Category Archives: Business

ObamaCare

Just how ignorant is its namesake about it?

Well, to be fair, he could be just lying.

[Update a while later]

Unravel it, and you get a train wreck.

Actually, you get a train wreck just in trying to implement it:

Baucus isn’t the only Capitol Hill Democrat worried about a “train wreck,” according to The Hill. Even those not yet on Capitol Hill have distanced themselves from the unpopular program. Elizabeth Colbert Busch, a Democrat running for a House seat in a South Carolina special election, called the ACA “extremely problematic.”

As 2014 draws ever closer, and the true scale of the problems of ObamaCare become apparent, expect more Democratic incumbents to commiserate with their constituents about the “extremely problematic” “train wreck” they imposed on them. They had better not expect the voters to let them off the hook, however, no matter how many times Obama tells them they have nothing to worry about.

Everyone running next year against an opponent who voted for this monstrosity should make it a focus of their campaign. Even if the opponent renounces their own vote to attempt to save their seat (that’s the polite word…), their judgment should be called into question.

The Bee Mystery

I hadn’t known about this:

Researchers are making headway in mapping the genes that help bees overcome these obstacles, including which genes help them safely break down pesticides. Now researchers have identified several compounds that help turn on those genes. They’re present in honey, something commercial bees don’t get to keep–their food supply is taken for human use, and bees are feed sweet substitutes like corn syrup.

Wenfu Mao and colleagues found three compounds in honey that increase the expression of a gene that helps bees metabolize pesticides. The most important chemical is something called p-coumaric acid, which is found in pollen cells. By eating honey, which contains pollen, the bees are exposed to a compound that basically boosts their ability to break down dangerous chemicals. So honey substitutes like high-fructose corn syrup may compromise their health.

You don’t say. Corn syrup isn’t good for anyone. No reason to think it would keep a bee healthy, but apparently the industry fooled themselves into thinking so.

Now that they understand this, maybe there’s something they can do about it, and still harvest honey.

The Green EU

It took an economic disaster for them to reduce their carbon output:

But the data shows that even though EU economic weakness and US natural gas are responsible for significant drops in emissions in the developed world, developing countries, led by China, continue to drive the global total higher.

This underscores the disconnect between green policies and green results. The US hasn’t checked off many items on the green wish list for domestic legislation; Europe has. But it turns out that the introduction of the euro and the subsequent economic disaster had more to do with European emissions drops than Kyoto or the shambolic carbon-trading program.

The usual suspects are headed to Bonn next week for another forlorn attempt to carve out a meaningful global climate treaty. Meanwhile in the real world, the challenge is to find a way for developing countries to continue rapid growth without driving greenhouse gasses and other pollutants to potentially dangerous levels.

That’s assuming that the high levels of the “other” “pollutants” is more dangerous than slow economic growth, of course. And meanwhile, it turns out that the US has twice as much oil, and three times as much gas as we thought. And “peak oil” continues to recede into the future, to the tears of the Malthusians. Which are delicious.

[Update a while later]

Gazprom (and the Russian economy) are in trouble, too:

The US has begun exporting gas to Europe, and has also ramped up coal exports by more than 250 percent since 2005. The net result has been to knock Gazprom back on its heels. The WSJ reports that the negotiations with Bulgaria were heated, with Gazprom’s negotiators shouting in frustration on several occasions.

In public statements, however, the Russian company remains defiant (and perhaps in a state of denial) about the implications of the shale gas boom…

Well, that’s one tactic, I guess. Not one I’d recommend, though.

The Stupid Party

strikes again:

It is understandable that Tennessee senators Corker and Alexander would oppose the idea for the usual home team reasons, but why aren’t other Republicans jumping on board and upping the ante? (Probably for the usual deference/log-rolling reasons; they’ll want Corker and Alexander to support their home state pet projects down the line.) I recommend that Republicans suggest adding the Bonneville Power Administration in the Pacific Northwest, and watch the Democratic senators from Oregon and Washington object. That’s probably why Obama didn’t include Bonneville along with TVA. Memo to GOP: Go big with this idea.

But they won’t because…see post title.

The Border Fence

Rubio has already caved:

If you want to write a bill that won’t result in a fence being built, you will give discretion to the DHS as to “where” it should be built, in what form–and, implicitly, where it shouldn’t be built. You will require only a ”plan.”

If you want to write a bill that won’t result in a fence being built but that might con conservatives into thinking it will be, you will throw in lots of meaningless references to possible ”double layer fencing” even though DHS might not decide to build even a foot of that kind of fencing (and none is mandated).

That’s what Rubio and his gang have written. Does Krauthammer–who despairs of getting any actual “enforcement first” bill through Congress, given Dem opposition–think Rubio is now going to pull a 180 and decide to really mandate an actual fence, and that Schumer and the Democrats will go along?

This won’t help Rubio get the nomination in 2016, if he decides to run.

SpaceShipTwo’s First Powered Flight?

A lot of rumors that it will be happening today. Jeff Foust has the story, with some broader context:

While Virgin may make a flight test of a crewed suborbital vehicle as soon as Monday, another company isn’t far behind. Just down the flightline from Virgin and Scaled at the Mojave airport, XCOR Aerospace is continuing work on its Lynx suborbital spaceplane, with plans to begin an incremental series of tests later this year.
“The concept design is done. I know what the approach is, I can put the numbers together,” Greason said of XCOR’s orbital vehicle plans.

“We’re not done yet,” said Jeff Greason, CEO of XCOR, said of Lynx in a presentation at the Space Access ’13 conference in Phoenix earlier this month. “It’s not because of any particular roadblock, but it’s just the usual 90-90 rule of project management: the first 90 percent takes the first 90 percent of the time, and the last 10 percent takes the other 90 percent of the time.”

While development of SpaceShipTwo’s hybrid rocket motor is widely believed to have been the major cause of that vehicle’s delays, Greason said propulsion is not an issue for Lynx. “Propulsion-wise, we’re in great shape,” he said, saying that the four engines, powered by liquid oxygen and kerosene, are now integrated into the fuselage of the Lynx Mark I prototype.

Instead, Greason said, XCOR has been working on a variety of other issues with the Lynx, including tweaks to the vehicle’s aerodynamics, avionics, and landing gear, as well as the production of the vehicle’s wings and a second fuselage. Flight tests are slated to begin in the second half of this year.

It just occurs to me that while the biggest difference is that XCOR was funding-constrained while (as far as I know) Virgin Galactic was not, both have also been delayed for symmetrical problems. XCOR is a propulsion company trying to build an airplane, while Scaled was an aircraft company trying to develop a rocket engine. So it’s natural that both companies have their core competency well in hand, but are being held up by the problem that’s not so much in their wheelhouse.

[Update a while later]

The implication, of course, is that if they’d teamed up, there might have been a suborbital vehicle flying years ago. That they didn’t certainly wasn’t XCOR’s fault.

[Update a few minutes later]

Apparently it was a successful test, and they went supersonic.

This may be the first prediction that Sir Richard has ever made that met schedule.

[Afternoon update]

Clark Lindsey has a roundup of links, including the congratulatory press release from XCOR.