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U.S. Satellite Programs in Jeopardy of Collapse

smooth wombat writes "A committee of the National Academy of Sciences, headed by Richard Anthens, has warned that 'the vitality of Earth science and application programs has been placed at substantial risk by a rapidly shrinking budget.' The list of Earth-observing satellite programs affected is a long one and includes satellite programs which observe nearly every aspect of Earth's climate. A delay in launching a replacement satellite or the disabling of a current satellite without a replacement could mean that data necessary to monitor or predict an upcoming event would be severely restricted. For its part NASA says that tight budgets force it to cut funding for all but the most vital programs. 'We simply cannot afford all of the missions that our scientific constituencies would like us to sponsor,' NASA administrator Michael Griffin told members of Congress when he testified before the House Science Committee February 16."

43 of 328 comments (clear)

  1. Guns or butter? Bush chooses guns. by nysus · · Score: 5, Insightful

    $400 billion for the Iraq war. All of it pissed away and probably actually hurt our efforts on the war on terror. By comparison, NASA's budget is only $16 billion per year.

    --

    ---Technology will liberate us if it doesn't enslave us first.

  2. Oh dear... by ChowRiit · · Score: 5, Insightful

    The first thing I thought when I read the title was that, yet again, people were cancelling missions because they had no "obvious benefit" or some such nonsense, completely missing the point that science for science's sake has often lead to many of the greatest breakthroughs in science history.

    However, I realised that they're not just cancelling missions that are trying to learn more generally, they're cancelling missions that have immediate and obvious benefits: weather monitoring to try and help avoid natural disasters, studying global warming and suchlike.

    What ARE the Americans playing at? This seems to me to be a very foolish course of action, these problems will not go away if we're blind to them...

    1. Re:Oh dear... by Hiro+Antagonist · · Score: 5, Insightful

      Because vaccination was discovered and promited by a businessman...oh wait, no.

      The Beethoven Corporation brought us a lot of great music...oh, wait, no.

      I'm so happy businesses created this Internet thing that we're using...crap, no, they didn't do that, either.

      I'm sorry, I'd like to provide more examples, but I think this is the stupidest thing that I have ever read.

      --

      --
      I Hit the Karma Cap, and All I Got Was This Lousy .sig.
  3. There they go again by Anonymous Coward · · Score: 1, Insightful
    That's one place more where Bush taketh. I don't believe voting for democrats will fix anything either, only by voting and making third big party would.

    How about some socialist party? Every country needs it as much as they need the others. It all comes down to working together. Reps and dems aren't everything you know.

  4. That's not right by hey! · · Score: 1, Insightful

    It's guns and butter. You just make some token gestures of restraint on the butter side so you don't scare off the people who really count: the lenders.

    A time honored variant of this is that you have your bullets shipped in butter cartons, pay for them out of the butter budget, then sweep the details under the Rug of Aggregation.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  5. Re:Guns or butter? Bush chooses guns. by rolfwind · · Score: 5, Insightful

    Not only the $400B, we have to keep paying into the future - soldier's benefits aren't cheap plus the soldiers wounded are a long-term (rightfully so) expense as well and veteran's benefits make up a significant portion of the yearly budget and is not part of the military budget itself.

    All of that, so we could show the world how awesome our toys are. Oh, and spreading democracy throughout the world.

  6. More questions by WinkyN · · Score: 4, Insightful
    From TFA:

    "The agency's proposed 2007 budget request contains $2.2 billion for satellites that observe the Earth and sun, compared to $6.2 billion for operating the space shuttle and International Space Station and $4 billion for developing future missions to the moon and Mars.

    "We simply cannot afford all of the missions that our scientific constituencies would like us to sponsor," NASA administrator Michael Griffin told members of Congress when he testified before the House Science Committee February 16."


    So, we might be losing the ability to track dangerous weather systems, monitor volcanic activity and study the effect of humanity on the planet due to the demands of "scientific constituencies"? What exactly is a "scientific constituency"? The reporter/editor should have clarified this.

    Or is this more of a situation where the sexy projects (travel to the Moon and Mars) are taking precedence over real science? And why doesn't that surprise me?
  7. Re:A pretty golddigger is still a golddigger. by dada21 · · Score: 2, Insightful

    National Healthcare is not acceptable to me -- there is no mandate or power to Congress to provide it. I would rather cut government spending (and the defense budget) 90%, and give U.S. citizens the power to trade with everyone. The most loved countries in the world are those that openly trade without tariffs, embargoes or warmongering.

  8. Re:A pretty golddigger is still a golddigger. by JanneM · · Score: 3, Insightful

    I'm not sure I could find where in the U.S. Constitution Congress is allotted the money or power to launch golf carts for a billion dollars.

    Without even being American, I'm pretty sure that if you restrict the government to only the things expressly allowed in your constitution, you'd end up with being fifteen acres of the poorest hippies ever to own a printing press. You _are_ aware, are you not, that things like highways, fire brigades, the CDC or indeed a standing army are not covered by that constitution of yours?

    --
    Trust the Computer. The Computer is your friend.
  9. Well, of course! by Omnifarious · · Score: 4, Insightful

    All those pesky earth-science satelites keep on reporting that the globe is heating up and stuff. Why would we want to hear that? That doesn't fit with our politics at all!

  10. More efforts required by poeidon1 · · Score: 2, Insightful

    from the US government to involve the private sector in space. There are hell many millionaires who would pay anything for nice moon or space trips. That should generate more than enough revenue than what NASA would need.

    --
    They called me mad, and I called them mad, and damn them, they outvoted me. -Nathaniel Lee
  11. Military vs. Scientific Satellites by digitaldc · · Score: 5, Insightful

    The funding will come, unfortunately it is all how you classify it.
    A scientific satellite to help observe global warming? NOT in this administration! They don't even want to acknowledge that global warming is happening, let alone help observe it.

    If this upsets you, I suggest you vote for a President that actually cares about Science.

    --
    He who knows best knows how little he knows. - Thomas Jefferson
  12. Glad we have our priorities straight by cdrudge · · Score: 4, Insightful

    Cost of war in Iraq: 245.727 billion
    NASA's 2006 Budget: 16.656 billion

    Glad to see my government has no problems blowing 14 years worth of operating expenses on something that by all appearances will never have a positive outcome, while letting vital programs for all of earth collapse.

  13. Re:Guns or butter? Bush chooses guns. by Ravenscall · · Score: 5, Insightful

    That will not be a problem because Bush keeps cutting Veteran's benefits, to the tune of over $14 Billion since he took office.

    Support our troops indeed.

    --
    You say you want a revolution....
  14. Talk about speaking from both sides of one's mouth by GReaToaK_2000 · · Score: 5, Insightful

    Hmmmm... Let me see... There's this...
    "the desire to explore and understand is part of our character," President Bush Wednesday unveiled an ambitious plan to return Americans to the moon by 2020 and use the mission as a steppingstone for future manned trips to Mars and beyond.
    AND
    President Bush's Jan. 14 speech painted broad brushstrokes of his plan to put humans back on the Moon and send them to Mars.

    Oh but that was back in 2004, right, trying to get more "techies" to vote for him...

    And NOW, as most of us have always know is TRUE color...

    Disgruntled members of a congressional oversight committee objected Wednesday to a White House budget plan that threatens to cripple NASA's unmanned space programs and Earth and aeronautics research, President Bush's plan instead emphasizes sending American explorers back to the moon by 2018.

    Budget cuts for 2002

    Elsewhere there is talk of a 1% increase in NASA's budget for 2k7 but this is NOTHING compared to the slash to the budget that Bush dealt NASA when he first took office because he "needed" that money for the military we would later use to attach the middle east...

    Hmmmm... Nice Logic! Instead of looking FORWARD back then... and looking into alternative fuels, the future, and Space ... We (he) was in it for his Oil buddies. Now that he is a LAME DUCK president he can virtually spout off about whatever...

    But that's ok, it's obvious at this point that most Americans have a short attention span and don't really delve deeply. At least the "red" ones.

  15. No, the reasoning is clear by hey! · · Score: 5, Insightful

    What ARE the Americans playing at? This seems to me to be a very foolish course of action, these problems will not go away if we're blind to them...

    Well, the reasoning is pretty clear, if you accept one premise: anything the private sector might the government ought not do. By this way of reasoning, government weather monitoring, morally speaking, tantamount to theft of potential profits from private parties.

    I'd posit, I hope in an impartial way, that acceptance of this precept is the greatest difference between the conservative and liberal theories of governance.

    An alternative precept is this: the government should do any activity where, on the whole, the public benefits more from government participation than government non-participation. This is a liberal viewpoint. To represent the conservative viewpoint fairly, conservatives don't say this is false, but it is true only in a tautological sense. They believe that in any case where the private sector participates to some degree in an activity, public sector participation a priori impledes the progress of the public good. This means it is never the case that government activity in spheres the private sector is interested in does the public good, people of a conservative bent can hold both premises consistently.

    Of course, these are caricatures of liberal and conservative thinking. Most thoughtful people don't reason exclusively from first principles to specific situations, but make allowances for exceptional circumstances.

    In any case, while one might violently disagree with government policies of the left or right, the stupidity if it exists doesn't necessarily lie in the process of reasoning, but the first principles from which that reasoning proceeds.

    --
    Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  16. Re:A pretty golddigger is still a golddigger. by Hiro+Antagonist · · Score: 2, Insightful

    I hate to tell you this, but not everything is a business, trying to generate profit.

    Or, to put it differently: Do you feel that it's okay for your wife to sleep around so that she can find the most efficient lay?

    Seriously, you need to go to China. I'm not saying this in a 'get the hell out' sort of way, but they have a government very much like the one you seem to want; no restrictions on business for the most part, very little taxation, cheap labor...

    --

    --
    I Hit the Karma Cap, and All I Got Was This Lousy .sig.
  17. Re:Talk about speaking from both sides of one's mo by Sunburnt · · Score: 3, Insightful

    The hilarity of Dubya talking about Mars landings and moon bases, all while mismanaging the federal budget and slashing science programs, was a welcome distraction at the time. I remember thinking, "This guy believes that humans are biologically separate from the animal kingdom, and that at least two-thirds of his constituents are going to Hell after they die, and now he's on the side of science?"

    I just wish this expectation of failure made acceptance of the President's failures easier to deal with. Perhaps soon we can put a government in power that works to make America competitive in the science and information-dominated industries of the 21st century, rather than a government that pays lip service to this concept.

    --
    Tags != Comments, and -1 (Troll) != -1 (I Would Respond Angrily To This Poster So They Must Be Trolling)
  18. Re:A pretty golddigger is still a golddigger. by CronoCloud · · Score: 3, Insightful

    Why should someone in California pay for a highway in Illinois? Why should someone in Miami pay for a fire in Denver?

    Because the one thing you rugged rocky mountain individualists, Randroids, and libertarians in love with your own wallets don't understand is that we aren't just Californians or Illinoisans. We are not a Confederacy, no matter how much the Dixiecrats running the country want that to be.

    We are Americans, E Pluribus Unum. Helping Californians helps me. If I help pay to fix earthquake damage in California, they help pay to fix tornado damage here. That way neither of our economies is overly strained. And that benefits us all.

  19. NASA is imperfect, but they have contributed by Anonymous Coward · · Score: 1, Insightful
    This characterization of NASA as a taker without ever giving back is unfair.
    Let's look at NASA for what it is and ignore the science fiction fantasy: NASA is a theft program where our elected officials rob money from citizens to pay for a boondoggle program that none of you would likely pay voluntarily. I don't see any public interest achievements in NASA, and I definitely don't see why NASA or the U.S. government needs to be handling any scientific research.
    NASA's mission has lead to many breakthroughs and inventions, This is quite unfair. My concern about NASA isn't whether they are currently overfunded but vision, i.e. whether they (or any other research organization) have enough guidance and support to take on exciting missions that are feasible but still advance the state of the art.
  20. Re:A pretty golddigger is still a golddigger. by Red+Flayer · · Score: 4, Insightful

    "Asking me to pick up the tab for your toys, against my will, is really not acceptible anymore to me."

    So move elsewhere. Or work to get someone else elected.

    I never drive, I only use the trains. I therefore think that all funding for highways should be cut. I mean, private industry will pick up the slack, right? Anyone who drives can choose to send a few bucks to their favorite highway maintenance organization, right?

    "A great majority of the citizens of the State are so far in debt that there is no likelihood of escaping it in their lifetimes, so the citizens push the debt off to the next two generations."

    Personal debt has more to do with people not spending within their means, and being ecouraged to enter into bondage with the credit companies. It doesn't tie in so well with government debt, you are conflating the NASA budget with Social Security, etc.

    "I don't see any public interest achievements in NASA, and I definitely don't see why NASA or the U.S. government needs to be handling any scientific research"

    Then open your eyes. Or read more history of science. One of NASA's roles is to create new markets -- for example, without NASA, there wouldn't be a market for commerical satellites.

    "It is time to just end the program entirely and leave it up to a competitive marketplace. There are enough billionaires with money to spend, let them finance these toys strictly for ego"

    What competitive marketplace? There is no market yet. Government has always acted to open new markets, which is what NASA is all about.

    --
    "Trolls they were, but filled with the evil will of their master: a fell race..." -- J.R.R. Tolkien on Olog-hai
  21. It is waste, not politics by Anonymous Coward · · Score: 4, Insightful

    The Iraq war and even budget cuts have nothing to do with this. These satellite programs aren't getting cancelled because the budgets are being cut, they are getting cancelled because they have long since exceeded their budgets and then some.

    The US satellite industry has self-destructed. At one time, not very long ago, if anyone in the world wanted to launch a satellite, they went to the US. Now, they go to the Europeans. Why? US companies didn't want to bother with little commercial satellites. They wanted contracts in the $billions. Even if these big government projects fail and get cancelled, they are still more profitable than the commercial contracts.

    Increasing funding won't do a thing except waste more money. We need to stop measuring our performance by how much money we spend! How about measuring by how effective we are?

    Eventually, of course, the government will wise up and stop bankrolling these billion dollar boondoggles. They will just buy data from the European and Asian satellites. But, of course, that won't happen until at least next quarter, so party on!

  22. Is it that time of the year already? by Anonymous Coward · · Score: 2, Insightful

    The annual, NASA's budget is in jeopardy and we're going to shut down the Hubble project. We're going to lose all of our weather satellites. We're not going to be able to do any science because of all the Homeland Security / CIA / Secret Government Agency / Bush is the Anti-Christ spy satellites that the budget has been diverted to.

    It's another plea for awareness so that Congress can make sure that the NASA pet projects that have gone on for years can continue. Of course there isn't any money in the budget. We've supported projects well past their life cycle because there is percieved benefit. Take for example the Mars rovers. They were supposed to be well finished by now, but since they continue to move around up there, the program continues and takes up some of NASA's budget. Is it science? Yes. Is it necessary? No. Is it interesting and as a tax payer would I vote to support it? Sure. I like to look at the pretty pictures as much as the next geek.

    This is the same story from a different angle that came out last year when NASA spoke before Congress about budget concerns. The same story occurred the year before that. The same story will occur next year. Academics will always be begging for money to support their projects. Politicians will never just hand it over when they have their own pet projects to support.

  23. Eh? by Elemenope · · Score: 5, Insightful
    The least successful war in U.S. history is probably going to be the costliest too.

    Least successful war? I nominate three others...

    Vietnam, which we LOST. Many more allied casualties than this war, war aims not achieved, one million Vietnamese dead.

    Korea, which was a DRAW. Also many more casualies than this war, war aims not achieved, barely held on to S. Korea, lots of Koreans dead.

    The War of 1812, which we LOST. Washington DC sacked and burned to the ground. More American casualties than this war, and signifiant homeground damage due to British invasion. Oh yeah, and it made Andrew Jackson the indian-killing moron a war hero.

    I might also mention the American Civil War, but at least a few good things came out of that one. Also some bad things, like one out of three American males dead. But hey, who's counting?

    If you calculate the cost of these wars in constant dollars, some of them, particularly Korea if you include reconstruction (which I assume people are including in the Iraq cost), approaches the current cost of the Iraq War. It is likely that before the end, the Iraq War and reconstruction will end up costing more than Korea, but not by much.

    Now, I think that the Iraq War is an expensive and miserable failure, same as the next guy, but hyperbole really weakens the case, don't you think?

    --
    All the techniques ever used to make men moral have been themselves thoroughly immoral... (Nietzsche)
    1. Re:Eh? by elrous0 · · Score: 5, Insightful
      Korea and the War of 1812 were basically draws that resulted in a stalemate.

      The Civil War is a special circumstance.

      And yes, Vietnam was certainly an embarrassing loss. But it didn't leave the U.S. international reputation in complete tatters. Nor did it pose a grave threat to the U.S. status as world superpower

      This Iraq War is going to be a loss too. But it will also likely mark the beginning of the end of U.S. status as world superpower. And it has absolutely devastated our foreign relations standing, as well as encouraging the nuclear ambitions of countries like Iran and North Korea (who fear that they might be the next preemptive war on King George's list).

      And it's financial costs are just BEGINNING to be tallied. Combined the hit to U.S. foreign relations, and the rise of Chinese/Indian economic power, it could very well lead the U.S. to eventual insolvency and "debtor nation" status.

      -Eric

      --
      SJW: Someone who has run out of real oppression, and has to fake it.
    2. Re:Eh? by Elemenope · · Score: 3, Insightful
      Korea and the War of 1812 were basically draws that resulted in a stalemate.

      Stalemates of very different sorts; the War of 1812 was far more embarrassing, certainly, and fought on home soil. Whenever your capital gets sacked, that's a bad sign.

      The Civil War is a special circumstance.

      I agree. That's why I didn't include it amongst my 'three nominees' but stated it as a fairly instructive special case immediately following.

      And yes, Vietnam was certainly an embarrassing loss. But it didn't leave the U.S. international reputation in complete tatters. Nor did it pose a grave threat to the U.S. status as world superpower

      No so. The USSR got a ton of political mileage out of our embarrassing loss, gaining political credit particularly in the Middle East as a result of the defeat. The whole mess also emboldedned the Third World to a great degree, thereby enhancing the political position of China (and certainly one of the primary motivators for Nixon later normalizing relations with them, as well as the obvious one of obening agricultural markets). The situation didn't equalize until the USSR did an equivalently stupid thing in Afghanistan, which ironically more or less directly led to the current conflict.

      This Iraq War is going to be a loss too. But it will also likely mark the beginning of the end of U.S. status as world superpower. And it has absolutely devastated our foreign relations standing, as well as encouraging the nuclear ambitions of countries like Iran and North Korea (who fear that they might be the next preemptive war on King George's list).

      I agree that the US is starting what will likely be an excruciatingly long decline, but I think the reasons will have more to do with economics than with our military misadventures.

      And it's financial costs are just BEGINNING to be tallied. Combined the hit to U.S. foreign relations, and the rise of Chinese/Indian economic power, it could very well lead the U.S. to eventual insolvency and "debtor nation" status.

      We are already a 'debtor nation' (we haven't been a creditor nation for a while now), with our current account deficits becoming progressively worse and our nation debt becoming unsustainable through financing. But I agree, the diplomatic costs of this war will be incalculably severe.

      --
      All the techniques ever used to make men moral have been themselves thoroughly immoral... (Nietzsche)
  24. Re:Guns or butter? Bush chooses guns. by pubjames · · Score: 4, Insightful

    Wow.

    What I don't understand is why there isn't more alarm in the USA about this situation. From my studies of economics I have come to understand that we don't really understand economics - for every economist that says the debt in the USA is a big problem, you can find another that will say it's not a problem at all. Conclusion - we don't know. However, as a biologist I do understand that graphs like this one generally indicate that a big change is about to happen:

    http://www.brillig.com/debt_clock/history.gif

  25. Re:Guns or butter? Bush chooses guns. by JerkBoB · · Score: 4, Insightful

    Meanwhile in many sections of Iraq, people have their first clean water, their first reliable electricity, their first real sewer system, ever. Hundreds of schools, dozens of hospitals exist where no service was available for at least 20 years.

    That's great. Why should I have to pay for it? Why should my friends and relatives have to go die for it? I don't give a flying fuck about the Iraqi people, frankly. There are kids here in the US who aren't getting a decent education or nourishment. I have relatives who can't afford good health care, in the most wealthy society on the planet.

    Where are all the islamic countries and their aid? Why is it the job of the US to police the world and free the oppressed people (as long as there is some supposed long-term strategic value to doing so)? Look at what's happening in Sudan. Why aren't we sending in the troops? Oh, right... No strategic interests in that part of the world.

    People like you make me crazy. Either you're insulting my intelligence by trying to divert my attention with emotional rhetoric, or you're just stupid. I wish the Bush Administration would just have the balls (hear that Rummy?) to just fucking say what they're doing, and why. "We believe that having a friendly country in the middle east will be in our long-term interests. So we took out an unfriendly despot in a country that wasn't particularly liked by its neighbors (a bunch of slightly more friendly despots). But we didn't do the homework on what would happen, and now we're kinda stuck. Oops! Live and learn!"

    No, they have to pull out this stupid "Think of the happy Iraqi children!" bullshit.

    Bah.

    --
    A host is a host from coast to coast...
    Unless it's down, or slow, or fails to POST!
  26. The Red Planet by Doc+Ruby · · Score: 3, Insightful

    Griffin used to help run the Star Wars "missile defense" boondoggle. That was a program outlawed by Congress in the 1980s, but whose administrators still found $BILLIONS each year to keep going. A program producing little useful science, and no useful defense products. It's only value was pumping corporate welfare into defense contractors and "trickle down" bribes into the politicians who love them.

    But when running NASA, even Griffin can't find money to keep America's most beloved, productive, and strategic science agency alive.

    Meanwhile, Bush's support for proliferating nuclear weapons to all the hot wars in Asia is great marketing for the useless Star Wars "missile defense shield".

    --

    --
    make install -not war

  27. Re:Guns or butter? Bush chooses guns. by MeanSolutions · · Score: 2, Insightful

    I really and truly feel sorry for the American people for what is likely to happen in the future. Considering the increased amount of debt that the US is in, and the trade deficit you guys have to suffer and that China keeps buying your national debt - China will _own_ the US through patience and planning, and there is nothing you can do about it unless the budget deficit is rectified immediately.
    Unfortunately, that means cutting the armed forces back by 90-95% and keeping organisations like PNAC under the thumb to the point that they decide to go live elsewhere. It'll probably also mean higher interest rates and harder to get credit for Joe Average.

    I do not envy you guys at all right now... /A

    --
    Swedish, but resident in the UK since 1996.
  28. Too bad that you do not read by Anonymous Coward · · Score: 1, Insightful

    He was speaking of voters short attention span. That is voters who ignore the 2002 tax cuts but paid attention to what bush said prior to the election. Now we are back to more cuts.
     
    Voters are not noticing lots of things. Such as Bush speaking for alternative energy, but cutting NREL 30%, then boosting them back to only a 10% cut, all the while increasing OIL research 200%. That is, he is increasing the gov. research of oil to more than what we spend on alternative research.
     
    Now as to short attention spans, hopefully, you were able to read the above and to think. I have kept the words small just for you.
     
      But my question to the mods is why are you still modded at 0?

  29. False emergency? by seven+of+five · · Score: 2, Insightful

    Maybe this "satellite problem" is just a threat to Congress to stop cutting the budget?

  30. it's all about STARVE THE BEAST by Thud457 · · Score: 4, Insightful

    ... starting with those pesky sciencetitians that keep pointing out the flaws in our ideologically-driven policies.

    --

    the preceding comment is my own and in no way reflects the opinion of the Joint Chiefs of Staff

    1. Re:it's all about STARVE THE BEAST by hey! · · Score: 3, Insightful

      Indeed. And I think you can detect a pattern here, of disasterous overconfidence, of overlooking the possible unintended consequencde.

      Only a fool could think they can feed the beast until it grows to unsustainable size, then it will let itself starve. Moreto the point that the people who live off the beast's waste (and I'm not talking welfare queeens here) are going to let themselves starve in consequence, when all they need to is release the beast glut itself opportunistically. What does it matter to them, as long as the beast feeds on somebody else?

      The beast, after all, is only a tool of men, and men look after their own advantage.

      --
      Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
  31. Re:Guns or butter? Bush chooses guns. by Smurfeur · · Score: 2, Insightful

    >Why should I have to pay for it? Why should my friends and relatives have to go die for it?

    Because your government chose to bomb and invade Irak, killing tens of thousands of people, reducing the country's infrastructures to a state which is worse than during Saddam reign ?

    Frankly, I don't think that Americans are in any position to complain.

  32. Re:Guns or butter? Bush chooses guns. by foniksonik · · Score: 2, Insightful

    In many cases debt is actually wealth. IF you buy 20,000 worth of goods that can be sold for 40,000 you have good debt. If you commit to a 200,000 mortgage on a home that will sell for 400,000 in 10 years you have good debt. Borrowing $5 to buy a chocolate bar that you then consume.. you have bad debt... unless you need that chocolate to survive ;-p

    The US gov can spend trillions and still have good debt if those trillions are an investment in an improved economy, improved export revenues, improved technology, etc. that will return as profits in the long run.. and be trillions in debt for a few years, hundreds of billions a few other years and trillions again... doesn't matter as long as it's invested debt, not consumed debt.

    in fact our economy is based on debt and it would fail if we were to ever 'balance the budget' (which Clinton never did, he just showed numbers that proved that it would balance if spending continued the way it was going). Likewise we can never ever pay off the federal deficit... we'd no longer be obligated to anyone and our eocnomy would be floating free with no trade committments either way which would lead to complete chaos and uncertainty in the value of money. Money is backed by debt... it's the IOUs that give it value. Money would be worthless if it didn't represent a colossal promise to pay network.

    But you're probably right, change is always right around the corner... especially with an election for a brand new president coming up in 2 years.

    --
    A fool throws a stone into a well and a thousand sages can not remove it.
  33. Re:Guns or butter? Bush chooses guns. by pubjames · · Score: 2, Insightful

    In many cases debt is actually wealth.

    You post just convinces me further of belief that we don't really understand economics...

    Debt is debt. Saying that a debt is actually wealth, because the thing you have brought might be worth more in the future, is just gambling. It might be worth less. Running an economy on the premise that "the more we spend, the wealthier we are" just sounds foolish to me. One day, the bubble bursts, and I'm afraid that day is coming fast...

  34. Re:NEED TO START TAXING THE RICH MORE by Jeremi · · Score: 2, Insightful
    Why should you tax people because they're smart enough or lucky enough to do a good job at making money? That's called jealousy.


    There's no need to bring inflammatory psychological speculation into it. We tax the rich for the same reason Willie Sutton robbed banks: because that's where the money is. I won't try and argue whether it's morally justified or not, but I will note that the top 0.5% of US citizens hold 25% of the US's wealth. If you were a politician and wanted to be re-elected by popular vote, who would you hand the bills to?

    --


    I don't care if it's 90,000 hectares. That lake was not my doing.
  35. NASA needs to ditch the shuttle... by barnzi · · Score: 2, Insightful

    ...for satellite launches because it just isn't economic or safe. It costs a lot more to put a satellite into a parking orbit with the shuttle, then with a traditional launch vehicle. Considerring that you still have to do a hoheman transfer after that, *and* a plane change (launches from Kennedy have a minimum inclination of 28 degrees, completely useless for geostationary satellites) there isn't really any advantage in using the shuttle. There is certainly less risk involved in traditional launchers too. If it explodes at launch, you've lost a satellite and a launcher. If the shuttle is lost on launch/re-entry... well we just have to look at the Columbia for the results. Why take the risk when an unmanned launcher can do the job just as well, if not better? If we take the Arianne launcher for example. It can put a geostationary satellite directly into a transfer orbit, negating a perigee burn and hence saving a *lot* of fuel. Further more, launches from French Guiana have a minimum inclination of 5 degrees, hence a plane change to acheive an equitorial orbit is much smaller, further reducing the fuel requirements. There is even a launcher called SeaLaunch that is launched from the equator, completely removing the costly plane change. Ah, but what if you want to put a satellite into an orbital inclination of more then 28 degrees? That's all well and good until you hit 46 degrees, the Russians can easily undersell NASA. Old ICBMs cost $200,000. A minute fraction of a shuttle launch. With all these vastly cheaper, and often easier (especially SeaLaunch and Arianne) launch methods, it's no wonder NASA doesn't get a heck of a lot of business launching anything other then US military/government/scientific satellites.

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    Official threat to Homeland Security
    University of Surrey - http://www.surrey.ac.uk

  36. What a Bunch of Monkeys! by Pooua · · Score: 3, Insightful

    No, I'm not talking about government; I'm talking about the posts on this thread. At least 2/3 of the posts on this thread should be marked Off-Topic. Look, the title article is about NASA; could someone at least talk about NASA? Instead, so many are spewing off their political and economic philosophies.

    OK, here's the deal: NASA just got a budget increase. Did anyone notice that? That's important, because it means the budget cuts are not to NASA, but to some programs. And, the reason, children, that the satellites are being starved, the number one reason for budget cuts everyone else in NASA, is not because Bush is President or the Republicans control Congress or the U.S. Vietnam War was a stalemate or the U.S. economy is deep in debt. No; the Number One drain on NASA's budget is the space shuttle program, followed closely by the space station program. As in, say bye-bye to 80% or more of whatever money NASA gets. THIS IS THE REASON BUSH IS CUTTING OUR LOSSES ON THE SHUTTLE AND SPACE STATION!! We (in the U.S.) have to get rid of those programs, or we aren't going to have a space program.

    Yes, the Earth-observing satellite programs are in bad shape. They have been for a long time. Believe it or not, they were in bad shape before Bush became President. And, unless we cut our losses on the space station and come up with an economical replacement for the space shuttle, the EOS programs are going to be in terrible shape long after Bush leaves office.

    Nothing I've said here is secret or novel. This is all common knowledge to anyone paying attention to the U.S. space program. So, how to explain the bulk of the posts to this thread?

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    Taking stuff apart since 1969 (TM)
  37. Re:Guns or butter? Bush chooses guns. by Phantom+Zmoove · · Score: 3, Insightful

    You know, I was watching a show about the three mile island incident the other day. It showed president Carter going to the site to do a press release to show the public that it was safe. (well, it was sorta safe) That little show really made the local people feel better. "if the president is here, then it must be okay" He was willing to take a personal risk to help ease the concerns the of the people he serves.

    How did we go from a president that served in the military, with nuclear physics experience, that was willing to take a risk to fulfill his duties to...well.

  38. Re:Guns or butter? Bush chooses guns. by LurkerXXX · · Score: 2, Insightful

    A retarded easterner with a fake Texas accent who skipped out on his military duty and sank every business he ever ran? Good question.

  39. Re:NEED TO START TAXING THE RICH MORE by theJML · · Score: 2, Insightful

    If I wanted to be reelected by popular vote and wanted to bribe the people of the USA into voting for me, I'd have to buy lots of cheap votes. Think about it, in a democracy, Bill Gates' vote isn't worth anymore than Joe Schmoe's vote. Bill pulls in millions a year, Joe pulls in the nominal $30-40k. which one is going to be swayed cheaper? To Joe $5k is like 1/8th of his yearly income where as bill sneezes on Kleenex worth more than that. So screw the rich, the top 0.1% may hold 25% of the money, but I only need 50.0000001% of the people to vote for me to win an election, and I don't care which of the 265 Millon Americans those are.

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    -=JML=-