Daily Archives: July 7, 2011

Space Shuttle Update (27)


                                                                                                                                        
SPACE WATCH · NASA TV · STS-135: Last Space Shuttle Mission
Boeing: Slide show · Book (pdf)

Launch Date: 11:26 a.m. EDT, July 8, 2011
Prediction for favorable weather: 30%

Space Shuttle Atlantis Tribute
NASA – This tribute to space shuttle Atlantis, OV-104, hangs in Firing Room 4 of the Launch Control Center at NASA’s Kennedy Space Center in Florida.

It features, Atlantis soaring above Earth. Threaded through the design are the mission patches for each of Atlantis’ flights. Atlantis’ accomplishments include seven missions to the Russian space station Mir and several assembly, construction and resupply missions to the International Space Station. Atlantis also flew the last Hubble Space Telescope servicing mission on STS-125.

The stars in the background represent the many people who have worked with Atlantis and their contributions to the vehicle’s success. Graphic design credit: NASA/Amy Lombardo

Training Days
On July 5, STS-135 Commander Chris Ferguson and pilot Doug Hurley perform touch-and-go landings aboard a Shuttle Training Aircraft at the Shuttle Landing Facility at NASA’s Kennedy Space Center in Florida. The craft is a Gulfstream II jet that was modified to mimic the shuttle’s handling during the final phase of landing. These practice landings are a part of standard training procedures. Image Credit: NASA/Cory Huston

STS-135 Crew Completes Pad TCDT
After completing simulated pad emergency exit training on Launch Pad 39A at NASA’s Kennedy Space Center in Florida, the STS-135 crew members pause for a photo.

From left are Commander Chris Ferguson, Pilot Doug Hurley, Mission Specialists Sandy Magnus and Rex Walheim. Photo credit: NASA/Kim Shiflett June 23, 2011

Bench Review in Progress
During the bench review of systems and hardware in the Space Station Processing Facility at NASA’s Kennedy Space Center in Florida, space shuttle Atlantis’ STS-135 crew members get a close look at some of the equipment they’ll use in space.

The astronauts dressed in clean-room attire known as “bunny suits” are Mission Specialist Rex Walheim (left), a technician, Commander Chris Ferguson and Mission Specialist Sandy Magnus.

The review is part of the Terminal Countdown Demonstration Test (TCDT) and related training. Photo credit: NASA/Kim Shiflett

Atlantis is Cleared for Launch
In the Operations Support Building II at NASA’s Kennedy Space Center in Florida, Space Shuttle Program and mission managers meet for the traditional Flight Readiness Review (FRR), a thorough assessment of preparations for the STS-135 mission.

The meeting is designed to produce a number of key decisions about space shuttle Atlantis’ readiness for flight, including the announcement of an official launch date. Photo credit: Jim Grossmann June 28, 2011

Payload Bay Doors Closing
At Launch Pad 39A, work is under way to close space shuttle Atlantis’ payload bay doors around the Raffaello multi-purpose logistics module payload for Atlantis’ STS-135 and final mission. Photo credit: NASA/Frank Michaux

Bay Doors are Closed
At Launch Pad 39A, space shuttle Atlantis’ payload bay doors are closed around the STS-135 payload, the Raffaello multi-purpose logistics module, for flight. Photo credit: NASA/Jim Grossmann

Perspectives on Deficit Reduction: A Review of Key Issues


[Prepared statement before the US Senate Committee on Finance - hearing postponed]
By Peter R. Orszag – Today’s policy debate is consumed by a false dichotomy between “jobs” and “austerity.” The truth is that we face two severe problems: a very weak labor market right now and an unsustainable fiscal path over the medium- and long-term.

Both problems demand attention and action. The best policy response is thus an additional round of temporary job creation and other measures to bolster the weak labor market in the near term and a substantial amount of permanent deficit reduction enacted now but taking effect only with a delay, to reduce our unsustainable medium- and long-term deficits. The combination of “jobs and austerity” is more powerful than either piece by itself, and for both substantive and political economy reasons they should not be separated. more> http://is.gd/KToqgG

Don’t Fall for Corporate Repatriation


By William G. Gale and Benjamin Harris – Some observers are calling for a “repatriation holiday” on profits held by foreign subsidiaries. Some members of Congress, eager to stimulate our fragile economy, are listening.

They shouldn’t.

Today, domestic firms are sitting on near-record levels of liquid assets. The reason they’re not investing or creating more jobs is not a cash shortage. Allowing them to repatriate foreign profits at low tax rates would only heap more cash onto their already huge stockpile.

The Treasury shouldn’t become the Charlie Brown of the tax world — repeatedly being tricked into trying to kick a football that isn’t there. more> http://is.gd/wN1vQW

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Carbon price crash warning


EurActiv.com – New research in the study ‘Buckle up! Tighten the cap and avoid the carbon crash‘ says that the intended abatement covered by the excess carbon permits is equal to around a year’s worth of carbon permits.

Added to the inflated Phase 3 baseline (totalling 1.2 billion over 2012–2020) this gives a total of 1.9 billion permits.

“The recent freefall in the price of carbon has a simple, underlying cause – a huge oversupply of permits,” Damien Morris, the report’s author, said in a statement. more> http://is.gd/fjCqkh

Patent Reform Favors Corporations, Multinationals


By Andrea Hayley – America’s 200-year-old patent system is about to be reformed, and the changes will cut out the very heart of innovation in this country, warn many independent inventors, small business owners, and manufacturers, angel investors and venture capitalists.

“We are playing Russian roulette with the basis of the American economy, which is innovation,” said Kevin Kearns, president of the U.S. Business and Industry Council (USBIC).

Critics say the reforms will devastate opportunities for the disruptive innovators of the future—the start-ups and independents who could invent the next iPhone challenger, for example. It will also promote the domination of patents, and patent license ownership, by larger companies, while small business operations decline. more> http://is.gd/VKmMR1

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