Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (216457)	2/9/2013 12:41:34 PM
From: T L Comiskey	Respond to of 542122

youtube.com

To: Wharf Rat who wrote (216457)	2/9/2013 1:09:46 PM
From: cosmicforce	Read Replies (1) \| Respond to of 542122

The space age advanced our technology, and there is no bigger fan of technology than me. I lived on that stuff as a kid. But, the Apollo program was an expensive defense project and unlike the superhighway system, didn't leave the same lasting benefits. One of the dirty secrets of the space program is that we couldn't build a Saturn V today or anything like it even if we wanted to - after we got our political nut - we simply walked away from the technology. Compared to TARP it was a bargain though ~ $170-200 B in today's money. Did we get the equivalent of 20 moon programs from TARP and Quantitative Easing programs? We won't know the true cost of those for a decade. Current numbers are $3T but who really knows? After the depression we had things we could use. One can argue whether Diego Rivera murals are a lasting legacy when committed to a wall of stucco, but at least it is a thing of beauty. Apollo was a foreign contest about "whose is bigger" designed to spiritually defeat the Soviets. It did that and showed them to be a second rate nation, reducing their national esteem. It didn't keep us from pissing more money away on the Domino Theory though.