Why people are finally losing hope in it.
Because they’re finally coming to their senses.
Category Archives: Economics
More Golden Spike Thoughts
…from Clark Lindsey, with a lot of links.
[Early afternoon update]
Jeff Foust has a story at The Space Review.
The “Tax Cuts For The Rich”
Now that the election is over, they’ve morphed into middle-class “tax cuts.”
These demagogues are despicable.
Leftists
…are boring. Thoughts on Oliver Stone’s turgid new tome.
Michigan Miracle
It’s about to become a right-to-work state. I hope the backlash from the thugs isn’t too bloody, and Lansing doesn’t become Madison.
[Update early afternoon]
I would note though, that the whole state will benefit, not just the lower peninsula. The place is finally starting to undo all the Obama-like damage that Granholm did to it.
That 91% Top Rate
Peter Schiff describes what a fantasy it was. No one paid it.
The Entitlement State
…has begun to eat its own:
The biggest federally funded program (Medicaid) is competing directly with the next-biggest set of programs (education). State politicians are now squeezed between the two most voracious (and unionized) constituencies in American politics: the education blob, and the health care/AARP/provider complex. They will want a way out; otherwise, they’re toast. And the only way out is interposition to Obamacare.
When something can’t go on, at some point, it doesn’t.
They Think You’re Stupid, America
And you just proved them right.
[Update a few minutes later]
This seems related, somehow: Why I’m not a Republican. We have one party that thinks we’re stupid, and one that is stupid itself.
Alan Boyle’s Golden Spike Report
…is up.
Golden Spike
It’s a half hour until the press conference. They’ve put up this promotional video:
Here‘s the Twitter feed.
[Update a few minutes before the conference is due to begin]
Charlie Martin has a scoop interview with Alan Stern.
[Update at 2 PM EST]
Adam Mann has more over at Wired.
[Via Brian Doherty]
[Update a couple minutes later]
Joel Achenbach has the story at the WaPo as well.
[Update a few minutes in]
Jeff Foust is tweeting from the press conference. So is Alan Boyle.
[Update a while later]
Looks like the company web site has finally gone live.
[Update a while later]
OK, party seems to be over, with a lot of questions remaining. Impressive board, technical architecture described, potential customer interest, but they need to raise billions of dollars.
I personally know almost everyone on the board, FWIW.