Word: flighted
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...says Raymond Baker, executive director of Global Financial Integrity, the capital-flight argument is similar to the businesses' objection to the 1977 Foreign Corrupt Practices Act, which outlawed overseas bribery. U.S. businesses would be at a competitive disadvantage, it was warned. Over time, though, America's example set a new global standard. Argues Baker: "There would be no net loss to the U.S. economy by eliminating secrecy. On the contrary, the more we can do to make the U.S. economy transparent, the more we can strengthen [it], and the more we will attract money from overseas...
...plans to pursue. The six-year-old Constellation program, which had been focused on developing new boosters, Apollo-like orbiters and a 21st century lunar lander, all with the goal of making long-term stays on the moon possible, will be scrapped, after $9 billion and a single flight of the Ares 1 booster last October. The longer-term goal of venturing out to Mars is being tabled along with it. (See pictures of the Ares rocket...
...place of that program, NASA will tackle a grab bag of other projects: extending the life of the so-far unfinished International Space Station (ISS) until 2020, and spending $4.9 billion to develop better robotics, $7.8 billion to develop new flight techniques such as in-orbit fuel depots and closed-loop life-support systems, and $3 billion to develop new unmanned ships. There are no entirely unworthy objectives in that list (with the possible exception of the ISS), but there's also no clear way of getting humans back into space after 2010, once the shuttles are mothballed. What...
...been under construction since 1998, and so far not a lick of truly valuable science has come from it. Its intended mission has changed and changed and changed again over the years, from materials manufacturing to zero-g experiments to astronomic observations to studying human adaptation to space flight. And what were the new ideas Bolden cited on Monday? "A broad array of biologic, materials and combustion research," the administrator said, in addition to addressing "practical medical questions about astronaut bone density and the effects of radiation." In other words, more of the same. (See a video about private space...
Nearly a decade on, the crash remains a discomfiting subject in France, where fondness for the Concorde has never flagged. Its flight time from Paris to New York City of just 3½ hours remains about half that of any other aircraft. British Airways and Air France finally scrapped their Concorde flights in 2003, after crash investigators raised questions about potential hazards in the Concorde's design and maintenance, just as the airlines were recovering from a post-9/11 slump in business...