Posted tagged ‘Capitalism’

Soshalist Obama’s Secret Plan to Bring Kenyan Mooslim Communism To Outer Space

February 5, 2011

So, in 2010, while distracting the nation with a smokescreen of trivialities like the creation of  death panels to murder grandma in the name of health care reform and the government take over of a reform of the financial system, that relentless enemy of all things capitalist, Barack Hussein Obama, snuck past an unsuspecting public his real plan:  NASA now leads the government take over of the high ground! Yup, the final frontier itself.

Or not, as today’s New York Times reports.

Last year, the Obama administration pushed through an ambitious transformation for NASA: canceling the Ares I rocket, which was to be the successor to the current generation of space shuttles, and turning to the commercial sector for astronaut transportation.

The story focuses mostly on the work of Sierra Nevada Space Systems, which sounds as if it has done a number of very clever things, including leveraging prior work by NASA on a space-plane design (itself derived from a spy-plane photographed Soviet experiment).  That project had been discarded under the former and not-much-missed administrator Daniel Goldin, but Sierra Nevada’s use of the external shape of the earlier vehicle allows them to grab all the wind test data NASA collected before the original project went poof.


What’s this?  Under Obama’s administration, smart and nimble private companies are aiding the government in the achievement of national goals while seeking profit?


Next thing you know, Richard Branson will sign up to handle the passanger trade for the new space hoppers.

Oh wait:

Virgin Galactic, the spacecraft division of Sir Richard Branson’s Virgin empire, signed on as a strategic partner in December. Among the possible roles that Virgin could play is selling seats on the Dream Chaser.

That dastardly Obama.   You know he’s not a real American because he’s so damn sneaky.

Image:  Y’all know this one, right.  Anyway:  Vincent van Gogh Starry Night, 1889

Bad Andrew (and George): Sullivan (and Will) Can’t Do Economics

October 24, 2008

I know, I know — a dog bites man story.

Still, this quote approvingly retailed by Sullivan from Will should win some kind of prize for the most ideologically blinkered thought (sic) of the year:

Hundreds of billions of dollars that the political class would have liked to direct for its own social and political purposes have been otherwise allocated. That allocation, by government fiat rather than by market forces, must reduce the efficiency of the nation’s stock of capital.

It’s hard to know where to begin with so much idiocy crammed into so few Augustan words.

Just two thoughts:

First:  those billions that the notional “political class” would have liked to direct to its own ends did not exist as politically available funds until the crisis occurred.

The notion that in the real world any Congress would have said, hell, just increase the deficit by 150 percent or so to buy cupcakes on the moon is nonsense.  I’d like to think that Will (or Sullivan) knows this, but I’m not in fact sure that either of them do.  Spending too long repeating half-learned shibboleths from decades before tends to reduce your ability to connect ideas with observations of the real world.

Second:  Look at that last sentence in the quote again.  A more or less minor error slips in when Will seems to conflate real and financial capital — true beginners buffoonery. For a bigger howler, consider his complaint about government vs. private sector capital allocation.  If “market forces” were so effective at allocating capital, we would, of course, not be in the position of bailing out private market players right now.


Image:  The Panic – Run on the Fourth National Bank, No. 20 Nassau Street [New York City, 1873.  Library of Congress Prints and Photographs Division Washington, D.C. 20540 USA.  Digital ID: (b&w film copy neg.) cph 3a00900 Source:  Wikimedia Commons.