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ProgressiveEconomist

(5,818 posts)

3. NASA was privatized from the beginning--President Obama

Fri May 25, 2012, 10:49 AM

May 2012

simply is replacing a corruption-prone :"COST-PLUS" contracting system with a more competitive "FIXED-PRICE" contracting system.

Under "cost plus", NASA gave Boeing, Northrop, Grumman, and company blank checks ensuring they would make more and more profits from delay and failure. Under "fixed price", SpaceX has incentives to work efficiently and to succeed the first time, or they will lose money or face crippling lawsuits.

See for example http://www.thespacereview.com/article/1288/1 .

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SpaceX Dragon Capsule Successfully Captured by ISS [View all] Eugene May 2012 OP

Glad it was succesful GObamaGO May 2012 #1

Woohoo! The privatization of our space program continues apace. n/t MadHound May 2012 #2

NASA was privatized from the beginning--President Obama ProgressiveEconomist May 2012 #3

++ to this - I'm glad I'm not the only one who likes SpaceX. backscatter712 May 2012 #4

That's good, I believe mastering space flight and exploration will be best accomplished by using Uncle Joe May 2012 #5

Statement from the White House pokerfan May 2012 #6

Space delivery: A giant leap for commerce angeli0105 May 2012 #7