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Posted on 06.10.10 by Mr. Majestic @ 12:56 pm
I been sayin’ it! For ten damn years, I been sayin’ it! Yes, Virginia, the college tuition bubble is real, and the cracks are starting to appear. This is one of the reasons I have never fallen prey to the “panic” I hear from a lot of friends & acquaintances regarding the future cost for their kids & family. (Those trapped in the current peak are in a tougher spot, I’ll allow.) I can never understand why people seem to think that the price of certain goods & services can simply grow ad infinitum without any relation to the market and/or economy. The same rules apply, people. Reminds me of some poor idiot who tried to lecture me once about how his used PC’s were “worth a certain amount … and once they depreciate to that level, then they just don’t go any lower …” Hmmm. On to other news. Newspace is finally breaking free. The President’s plan for NASA, a key component of which is to turn access to low earth orbit (LEO) … that’s where the space station is, people … over to private companies. NASA will buy tickets on commercial vehicles in order to get their astronauts to the ISS. And before you get your panties in a wad, NASA *already* buys tickets … from Russia. SpaceX had a perfect maiden launch of the Falcon 9. For those that don’t understand the significance, this vehicle immediately lowers the cost of access to space by at least half, and potentially by an order of magnitude. This means a LOT for the business case of many space ventures. Robert Bigelow is ramping-up to have a private space station FOR RENT (yes, literally) within five years. Of course, one can see how the SpaceX news plays into this. Further, even though the lower cost is significant, it is the simple fact of ACCESS that will make the biggest difference. Right now, a government or a corporation that would like to pursue space operations doesn’t have a PLACE to go. At any price. That is all about to change. (Sign me up.) Well … soon it will be time for our Holiday In The Sun. Summer always seems to bring about awareness of untapped potential and fresh perspective for me. Change is planned … and then plans are put into motion in Autumn. Hope may not be a strategy, but they are worthless without it. Filed under: Eric on the loose ... Comments: None |

- Capt. Mal Reynolds