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To: from occupied ga; All

From the above article:

“The former Speaker of the House made no apologies for the boldness of his amibitions, WHICH DEPEND PRIMARILY ON THE EMERGENCE OF A VIBRANT COMMERCIAL SPACEFLIGHT INDUSTRY. (Caps mine, texokie) He said the U.S. space program needs a kick in the pants like the one President John F. Kennedy gave it in 1961, when he promised to put a man on the moon by the end of the decade.”


22 posted on 01/26/2012 7:59:24 AM PST by TEXOKIE (... and HAPPY NEW YEAR to all FREEPERS EVERYWHERE!)
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To: TEXOKIE

I interpret his quote as meaning that he wants the taxpayers to dump billions into the aerospace industry. “kick in the pants.”


29 posted on 01/26/2012 8:04:29 AM PST by from occupied ga (your own government is your most dangerous enemy)
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To: TEXOKIE
"THE EMERGENCE OF A VIBRANT COMMERCIAL SPACEFLIGHT INDUSTRY"

Interesting, how is Newt going to create a vibrant commercial space industry? The EU, Russia, China, Japan and up till now the USA all massively subsidize their space programs. A for profit is going to have to over come a huge price bias in flavor of the government run programs.

64 posted on 01/26/2012 8:38:37 AM PST by jpsb
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To: TEXOKIE

“The Ansari X Prize was a space competition in which the X Prize Foundation offered a US$10,000,000 prize for the first non-government organization to launch a reusable manned spacecraft into space twice within two weeks. It was modeled after early 20th-century aviation prizes, and aimed to spur development of low-cost spaceflight.

Created in May 1996 and initially called just the “X Prize”, it was renamed the “Ansari X Prize” on May 6, 2004 following a multi-million dollar donation from entrepreneurs Anousheh Ansari and Amir Ansari.

The prize was won on October 4, 2004, the 47th anniversary of the Sputnik 1 launch, by the Tier One project designed by Burt Rutan and financed by Microsoft co-founder Paul Allen, using the experimental spaceplane SpaceShipOne. $10 million was awarded to the winner, but more than $100 million was invested in new technologies in pursuit of the prize.

Several other X Prizes have since been announced by the X Prize Foundation, promoting further development in space exploration and other technological fields.”

http://en.wikipedia.org/wiki/Ansari_X_Prize

IIRC, the X-Prize Foundation bought an insurance policy from Lloyds against the prize being won. The premium was $1 million, the payout was $10 million. I doubt that Lloyds would issue another policy like that!

See also:

http://www.stratolaunch.com/


178 posted on 01/26/2012 11:00:20 AM PST by BwanaNdege (Man has often lost his way, but modern man has lost his address - Gilbert K. Chesterton)
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