I’ve been pointing for a year now that NASA needs private providers a lot more than they need NASA. Jeff Foust has a report from the plenary session of the conference yesterday, in which Charlie Bolden confirmed it. This will, of course, cause exploding of heads in the moronosphere.

[Update a few minutes later]

And as predicted, here is the latest insanity from Mark Whittington:

Charles Bolden was reported to have told Apollo astronaut Gene Cernan that he would provide a bailout for commercial space firms “equal to that given the auto industry” if the private sector faltered in providing space transportation services. Bolden later issued a non denial denial of Cernan’s account.

This raises the question of in what sense is the Obama program “commercial.” Under the Bush era COTS program, the consequences for failure were that a commercial company would be out of the program. Originally a company called Rocket Plane/Kistler was part of COTS. But because RP/Kistler could not meet milestones, it was replaced by another company called Orbital Systems.

But under the Obama plan, the only consequences for failure would be more money pumped into the commercial companies that are developing private space craft. With the demise of Constellation, companies competing for ISS servicing contracts have become too important to fail.

So far this virtual guarantee of money has not had much of an effect on the performance of companies in the commercial space program. Recently, SpaceX successfully orbited, reentered, and landed on the ocean a prototype of its Dragon space craft.

I don’t have time to dissect it right now, so I toss it as chum to the comment sharks. I will note though, that there is no logical connection between the first and second sentences in that last paragraph. Which is not atypical of a Whittington piece.