Treating Greg Olsen

Greg Olsen, the private sector’s number three astronaut gave some remarks to welcome the space investors and entrepreneurs to the Space Investment Summit along with Buzz Aldrin on Monday. He said, “I live in Princeton. Everyone knows everyone in Princeton. I went out to dinner and the owner of the restaurant said, ‘You’re that astronaut guy.’ I said, ‘Yes.’ He said, ‘Let me give you this bottle of wine!’ I was feeling pretty good about myself until my girl friend said, ‘If you were Buzz Aldrin, he would pay for your whole dinner.'”

Olsen was not there as an investor. His current investment fancies are energy related. We shared a cab after the event broke up. There was a bunch of road construction near the Ritz where Boeing had hosted the welcome. I asked him, “Which is rougher, a Soyuz flight or a New York City cab ride?” His answer: “Both.”

I asked him if he got a tax deduction on the flight from doing experiments. “No.”

We were both going to different Jean George’s, but Olsen tried to convince me that they had only one location in New York. It seems Olsen can still be surprised.

I explained to him that I’d spent more money than the cost a suborbital flight trying to bring space to everyone. And that Space Shot’s Latin motto, Astrae Popularetis, means, “You’ll see the Stars belong to the People.” I got off first and he said, “Don’t worry about the cab fare.” I said, “After that story you told, you have to let me pay.” I gave the cabbie $20 and said, “Driver, I want to treat this man to a cab ride!” If he was Buzz Aldrin, we would have taken a limo.

Baseball Blogging

From a world class pitcher. That’s what I call disintermediation, and it’s pretty cool, but I suspect that not all baseball players are articulate enough to do this. And as Joe Katzman points out, the jealousy of the sports writers, and this comment, are pretty amusing.

On a side note, I watched the Tigers blow a game against the Royals yesterday. They’re doing pretty well so far this year, but they can’t give up tying runs in the ninth, and then lose it in the tenth, and get back to the series. Especially against the cellar team in their division.

Window opening and closing or just opening?

Alan Marty, an investment consultant speaking at the Space Investment Summit yesterday, drew the comparison of semiconductor fabs right before the boom and the orbital access market. That there is $500 million of government assistance reducing the barrier to entry now for launchers and then for fabs. He said he thought the window for launching an orbital company is open now but will be closing. This suggests RpK and SpaceX will enjoy a long profitable run if they are successful.

Bob Werb, co-founder of the Space Frontier Foundation, said, “The window is opening and will open again and again,” in his remarks at the closing of the event.

I don’t see a big drop in access prices if these are the only entrants. Musk and French will reduce prices enough to shut out more expensive launchers, but then split the market and prices will drop no further. But that high price will continue to attract entrants once the subsidized entrants make good.

Please Overturn My Vote

Here’s the kind of question that a supposedly objective press would ask:

The quote from Senator Reid that Kathryn quotes below is especially peculiar given that Reid himself voted in favor of the bill the Court upheld today. So he wishes O’Connor could have still been there to overturn the law he supported?

Sounds almost like George Bush on campaign finance.

[Update at 8 PM EDT]

Jacob Sullum has more thoughts on “gun-free zones:”

Cho used two handguns, a .22 and a 9mm, neither of them especially powerful or exotic. Contrary to the false promises of gun controllers, firearms cannot be neatly sorted into “good” and “evil” categories; any weapon that can be used for self-defense (or for hunting) also can be used to murder people. A gun’s specific features matter even less if the victims are unarmed.

“We can’t have an armed guard in front of every classroom every day of the year,” Virginia Tech campus police chief Wendell Flinchum said after the shootings. Given the reality that police cannot be everywhere, it is unconscionable to disarm people who want to defend themselves.

Biting Commentary about Infinity…and Beyond!