Friday, February 12, 2010

Closing the New Frontier

Charles Krauthammer "The Russians may be new at capitalism, but they know how it works. When you have a monopoly, you charge monopoly prices. Within months, Russia will have a monopoly on rides into space. By the end of this year, there will be no shuttle, no U.S. manned space program, no way for us to get into space. We’re not talking about Mars or the moon here. We’re talking about low-Earth orbit, which the U.S. has dominated for nearly half a century and from which it is now retiring with nary a whimper."

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