That is pure garbage. The shuttle makes satellite placement what 100 -- 200 percent more expensive than disposable rockets?
A geosynchronous Atlas launch runs around $120 million; Ariane about $130; Proton about $85 million. To use the shuttle for a Geo launch you'd need to fly an upper stage with the satellite; that'd be probably an extra $20-30 million (I don't know the individual costs of upper stages like the IUS, PAM-D or Centaur; just guessing based on other non-upper stage rocket prices).
For what mission? All these things are mission design dependent. The Shuttle did not come out of thin air because it was thought to be a nice toy. Reusability has its benefits. And the 100 to 200 percent price tag increase is ludicrous. The shuttle is multimissioned. You talk about pure garbage, you're the one adding nothing to the equation.