It’s been a few days since I posted as I have been dealing with Bank of America trying to get my house out of foreclosure.
I’ve racked up a total of 6 hours on the phone with them trying to get them to answer 3 very simple questions.
1) Why didn’t they fulfill their obligations under the Mortgage Agreement?
2) Why are they lying to me?
3) Why are they breaking the law?
For some reason they don’t seem to want to answer these questions. They just keep passing me off to someone else. Their lawyer is supposed to call me maybe she can answer my questions.
But enough about those evil scum-sucking bastards.
Great News:
Space Exploration Technologies (SpaceX)'s Falcon I successfully launched a satellite into orbit. http://news.yahoo.com/s/nm/20090714/sc_nm/us_space_business;_ylt=Aj0DwK8Vtrb3h5xDsTDzr0QPLBIF;_ylu=X3oDMTJra203ZXJkBGFzc2V0Ay9ubS8yMDA5MDcxNC9
Even though the Falcon I isn’t technologically superior to the Atlas V it does offer a competing way to get objects into space. At $8 million per ½ ton flight it is the cheapest way to get into space.
Also SpaceX can start making these expendable rocket launches on a semi-routine basis freeing up resources for their work on the Falcon 9 and Falcon 9 heavy. These are the rockets that SpaceX hopes to use to take over the servicing of the ISS after the Shuttle is discontinued.
If the Falcon 9 is successful it will free up NASA to work on the Orion/Constellation Project and return humans to Moon.
Hopefully NASA can contract out all their Low Earth Orbit duties to private companies like SpaceX and turn their energies back to what they are good at pushing the envelope of space technology and expand the human frontier.
Bad News:
The International Space Station the massive spacecraft that is as big as a football field, cost $100 billion to build and is a key component to many private space companies long term plans, is scheduled to be scrapped in 2016.
It took over a decade to build the thing and now it’s going to be junked in less than half that time. That doesn’t make much sense to me.
Good News:
Obama proposes $12 Billion in Community College Funding.
Finally a good proposal to get some long-term benefit out of the Great Depression 2.0.
With unemployment nearing 10% it is damn near impossible for someone fresh out of high school to get a job. Let’s face it if you were the manager of a restaurant and you had two applicants for a waiter. One fresh out of high school with no work experience and one former Securities Broker who ran a multi-million company who would you hire?
By sending as many high school graduates through community college as possible right now it will ease the demand for entry level jobs giving the vastly over qualified workers a way to survive until the economy picks back up.
In 2 years when these students come out of college with their Associates Degrees, America will have better skilled workforce that can seriously compete with other nations.
It’s a solution that gives both short term relief and long term benefit.
Bad News:
This proposal doesn’t do anything to fix the Educational/Banking Complex that has turned into a vampire sucking the benefits of higher education out of the average American worker.
Nothing is being done about the fact that the Higher Education System rewards banks that default graduates on their student loans, even if the graduate is paying back the loan as promised.
Good News:
Healthcare reform with a public option, which 72% of Americans want, is moving forward.
Bad News:
7 Democrats, Max Baucus, Ben Nelson, Kent Conrad, Mary Landrieu, Dianne Feinstein, Jeff Bingaman, and Blanche Lincoln, are gladly taking some of the $1.4 million a day that Insurance companies are using to fight the public option.
The stupidest argument against the public option (you are welcome to disagree as there are a lot of stupid arguments against it) is that if people making more than $500,000 a year are taxed 1% to cover the cost they will take their ball and leave the country.
Oh no, What will America do without the people who gave us invaluable products like Default Credit Swaps, and Sub-prime Mortgage Backed Securities?
Good News:
Sarah Palin resigned as Governor so she can help candidates that share her lunatic vision for America. Now we have a quick way to Identify the wackos.
Bad News:
see more Political Pictures
The poster pretty much says it all.
7/14/09
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