Norman AugustineFrom deficit estimates to the cost of a socialized health care system, the Obama administration is encountering substantive challenges regarding the accuracy of its cost projections. Now, in the wake of reports that the presidentially-appointed “Augustine Committee” has determined that NASA’s budget is woefully inadequate at current spending levels to continue a manned space program, an independent review has found that the inadequacy rests not in the budget, but in the estimates being fed to the committee.

moonThe recent launch of South Korea’s Naro-1 rocket marked the emergence of the 10th nation with the capacity to launch payloads to orbit. But several private corporations — including SpaceX and Virgin Galactic — have been redefining the role of private corporations in the opening of the next frontier.

Naro-1After a six-day delay caused by a faulty valve, South Korea has launched its first rocket, the Naro-1, from the Naro Space Center in Goheung. However, the launch was only partially successful: the satellite payload was lost when it was released twenty-two miles higher than planned. According to the New York Times, “The South Korean rocket was carrying a domestically built satellite designed to monitor the atmosphere and the ocean.”

SpaceAn article at Wired.com (“Rocket Booster: Let Private Sector help NASA”) keeps a free-market focus on the future of American space exploration: “After leading the way in the human exploration of space for nearly 50 years, the future of U.S. manned space flight is in question. The space shuttle makes its last flight next year. After that, NASA must rely on the Russians to put astronauts in space. Unless the country looks to the private sector.”

planetIn an age of out of control government spending — over $30 billion a week in budget deficits, 130,000 troops in Iraq and over 60,000 in Afghanistan, and a president and Democratic majority in Congress seemingly bent on collectivizing the entire healthcare industry — a presidentially appointed committee has apparently found one thing the government cannot pay for, at present: manned exploration of space.

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