Sunday, January 30, 2011

The Space Shuttle tragedies:

[From the first mission of Columbia, to the loss of Challenger, to the loss of Columbia, I hope for a coming human view from space (and not only to benefit wealthy tourists).]


January 28, 2011:

Twenty-five years ago, I stepped out of my family's house in Ormond Beach, Florida (just north of Daytona Beach), to watch a space shuttle blast into Earth orbit. In the five years prior to 1986, on occasion I was among many classmates, teachers and staff, who stepped out from junior high and high school buildings to see shuttles draw their curved white lines into space. But that day 25 years ago, I saw a damnable thing: the bright, expanding cloud from the initial explosion of the shuttle Challenger. It seemed at first to be a blossoming white cloud of exhaust, from my perspective, but that appearance grew less probable in moments. 

I knew what that white cloud truly meant when I returned to the TV inside. That bulging cloud showed some leery orange, too, and from it, the pair of external booster rockets went flailing about, alone and confused, suddenly without purpose, burning through their fuel. 

It was a stunning realization that the shuttle was gone, with her crew of seven, including a first, a schoolteacher. She had become as famous as any pop star by the time of the launch. 

President Ronald Reagan was supposed to give the annual State of the Union address that evening, at the U.S. Capitol; instead, he spoke about the tragedy, giving a respectful, memorable speech that was broadcast live from the White House. 

Another space shuttle did not launch for more than two years after the tragedy. 

Years later, as if fate were mocking man's striving for the stars as well as our attention to anniversaries, just days after the 17th anniversary of the Challenger disaster, the shuttle Columbia crew perished in 2003, as their craft was returning them from orbit. 

I, with my wife, was in the midst of an 800-mile move from Tennessee to South Florida that late January. I saw images of a shuttle, and its breaking up, on the muted TV in our hotel room, and thought, for a moment, that it was a news piece remembering the Challenger disaster. My wife commented that she believed it was past the anniversary, and, thinking she was correct, I turned up the volume on the TV.

The shuttle Columbia -- the first orbiter to launch into space in the early 1980s -- and her crew were lost after reentering Earth's atmosphere. Reentry  has always been one of the most rigorous tests of engineering, from structural to flight. It was not long before they would have touched down safely at Cape Canaveral, but instead, wreckage was discovered for miles along the tragic, final path of NASA's Columbia orbiter. Among the crew on that mission was a first as well, scientist who was the first-ever astronaut from his home country, that of Israel. 

This year marks eight years since the Columbia tragedy. It occurred little more than 16 months after September 11th stunned the country (and the world), and months before we invaded Iraq as part of our response to that attack on innocent citizens. 

Despite these tragedies -- and as astronauts would insist -- I think we deserve to see a plan for the coming decades, for NASA to plot a path into space, that's as enthralling as the 1960s-70s moon landings. Putting up satellites and developing a space station are terrific things, and so is space tourism, but I think we're gaining nothing from our national, or international, space expenses, if not for the awesome spectacle of man conquering our solar system, and challenging the grandest of nature's unforgiving realities. 

Otherwise, we might as well all just be something far less than we ought to aspire to be, or inspire others toward. It should not be a burden, but human space exploration ought to be a priority, to see what's out there, humanizing the experience of space travel. 

- Jon O

Saturday, January 29, 2011

Aviation industry recovery will follow auto industry, which follows other industry

Economy shows small signs of recovery as recession continues

Last fall the Business Cycle Dating Committee of the National Bureau of Economic Research declared that the recession officially ended in June 2009, at the same time defining a recession as the period until the economy reaches its low point. From the perspective of the business aviation industry in the subsequent 19 months, that low point hasn't moved much. ...
 
John Bingham, president and CEO of Piaggio America and a veteran of the automotive industry, had an interesting perspective. He noted that a business aviation recovery has typically followed an automotive industry recovery by about nine to 12 months. Foreign and domestic luxury auto manufacturers recorded double-digit sales increases in 2010 and are looking to better days in 2011.
 
 
 
-- Jon Osterholm

Tuesday, January 25, 2011

FINANCIAL BEAST: A review of 'Treasure Islands,' a look at financial havens, by Nicholas Shaxson

TREASURE ISLANDS - a review by Peter Preston, in The Guardian
 
The United States had a generous Marshall Plan [after WW II] that burrowed its influence deep into the policy-making and recovering bourses of old, battered Europe. The City of London, seeing its imperial glories fade, used the leftover connections of empire to construct a web of influence and cash around the globe (with the Bank of England playing head spider). The Swiss, sitting pretty, had lessons of neutrality, secrecy and cupidity to impart to a wider audience. Enter bright sparks who might have invented spaceships or life-saving drugs, but in fact invented the eurodollar market – a continent of opportunity without actual territory or policing, because it existed somewhere over there, somewhere offshore. And, of course, enter the tax havens that helped make the whole edifice possible: enter anywhere where transparency lay covered in mists and democracy was up for sale to the highest bidder: enter the havens of opportunity.
 
... Simply, the glum fact that the havens of globalisation serve the rich and the west, not the poor and the south, so that leaders signing up for change must also destroy the structures that made them, and paid for their election.

Maybe, straying into the jargon of the investigative reporter, Shaxson makes the conspiracy seem too vast and all-encompassing. Many of the outrages he broods over – say, the Bank of Commerce and Credit International debacle – are so long gone that they lack immediate force. Too many of his witnesses, from Grand Cayman to St Peter Port, are either anonymous or whistleblowers stuck in a shrill, single groove. Really, we're talking about a universal way of business life here, about a system so entrenched, so formidable in the lobbying, so familiar in its assumptions, that even 2008 can't blast it away.

... What to do? Alas, Treasure Islands isn't much help here. Prioritise "leadership and unilateral action"? Dream on . . . "Confront the British spider's web"? "Rethink corporate responsibility"? Somehow you can only see pot-holes along this rutted rhetorical road. Somehow you finish reading Shaxson much more depressed than heretofore.

Treasure Islands: Tax Havens and the Men Who Stole the World, by Nicholas Shaxson
http://www.guardian.co.uk/books/2011/jan/22/treasure-islands-tax-havens-shaxson-review
 
--  Jon O