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Dennis Wingo, Sunday, 3-30-14 March 31, 2014

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Dennis Wingo, Sunday, 3-30-14

http://archived.thespaceshow.com/shows/2218-BWB-2014-03-30.mp3

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Guest:  Dennis Wing.  Topics:  The Wingo SpaceRef article, “The Path Forward In American Space-2014 Edition,” ISS, SLS, budgets.  Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com.  Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. In addition, please remember that your Amazon purchases can help support The Space Show/OGLF. See http://www.onegiantleapfoundation.org/amazon.htm.  For those listening to archives using live365.com and rating the programs, please email me as to why you assign a specific rating to the show. This will help me bring better programming to the audience.

We welcomed Dennis Wingo back to the program to discuss his ideas as stated in his Space Ref Op-Ed of March 6, 2014, “The Path Forward In American Space-2014 Edition.”  Check  http://spaceref.com/the-path-forward-in-american-space—2014-edition.html.  During the first segment of our 1 hour 46 minute discussion, Dennis began with a space program historical overview going back to JFK, James Webb, early space policy, and the FY 1966 peak NASA budget.  He was making the case that budget problems are not the sole cause for problems in our space policy. Instead, government, NASA and policy makers are choosing programs to spend money on and space has shown a sharp decline in prioritization over a long period of time.  Dennis talked about the three programs consuming large amounts of NASA’s budget but with strong congressional support:  ISS, the James Webb Telescope, and SLS.  He says we muddle along not having sufficient funds to do any of these project properly so he makes the case for SLS and & ISS working together to maximize the potential benefit of each program.  When asked if the Russian political problems might be a game changer for Commercial Crew, he said it was possible but too early to tell.  During this segment, Dennis elaborated on this idea with information, facts, and assumptions.  He then shows how such a plan can produce practical benefits for the American people, a must in modern day space programs.  He also talked about Silicon Valley and their investments in commercial space companies and what this means to the industry.

In the second segment, we talked about needed American public support and ways to influence policy makers, congressional leaders, etc.  We also talked about the media, the specific science and space media, and problems with it.  Dennis mentioned the upcoming comet flyby of Mars and its potential impact on people.  Check out Comet Siding Spring.  Dennis was asked for his action plan to help implement his idea, then he was asked for his thoughts on international participation and for his level of concern over the Chinese lunar program.  He concluded saying that American citizens needed to see practical benefits from our space program, that inspiration, spinoffs, etc. had not worked all that well over the decades as space program drivers.

Please post your comments/questions on TSS blog above.  You can contact Dennis directly or through me.

 

Dr. Armen Papazian, Friday, 12-21-12 December 22, 2012

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Dr. Armen Papazian, Friday, 12-21-12

http://archived.thespaceshow.com/shows/1918-BWB-2012-12-21.mp3

Guest:  Dr. Armen Papazian.  Topics:  Creating money via wealth not debt to finance space development. Please direct all comments and questions regarding Space Show programs/guest(s) to the Space Show blog, http://thespaceshow.wordpress.com. Comments and questions should be relevant to the specific Space Show program. Written Transcripts of Space Show programs are a violation of our copyright and are not permitted without prior written consent, even if for your own use. We do not permit the commercial use of Space Show programs or any part thereof, nor do we permit editing, YouTube clips, or clips placed on other private channels & websites. Space Show programs can be quoted, but the quote must be cited or referenced using the proper citation format. Contact The Space Show for further information. We welcomed Dr. Armen Papazian to discuss his space financing theories based on creating money in our global economy through wealth rather than by debt and debt instruments.  I urge you to read his papers and see his presentations on this subject at www.isdhub.com. Definitely download and reach “Money Mechanics For Space” which you will find on the left side of the website under the Planetary Referendum box.  Also, do vote on the Planetary Referendum, an issue our guest brought to our attention several times during our discussion.  You will also find additional presentations and papers of interest to us and this subject on the isdhub.com website so do check them out.  While our program was in two segments, the overriding discussion focused on how we presently create money by debt, why this is a problem causing methodology, and why we need to move to alternative ways to create money, both in the U.S. and around the world.  Since we do focus on lots of economics, having his papers and presentations handy to supplement our discussion will prove useful.  Dr. Papazian explained how we create money today and the problems our current methodology causes as it is based on the concepts of scarcity, risk, and time.  We spent considerable time talking about scarcity and time in economics, in the practical administration of government policy, academia, and why we need to move away from these concepts. Our guest suggested an alternative scenario in which money is created through wealth with space as the leading wealth creating industry because space represents abundance, not scarcity. A wealth based money creating economy does away with scarcity as the underlying foundation, replacing it with abundance. In this discussion, he introduced us to Public Capitalization Notes (PCN), a very important tool & part of this alternative approach to creating non-debt money. We fielded listener emails and calls with many questions for our guest.  Listeners wanted to know if there was a cost for money and how would that be handled?  What about the time value of money, risk & inflation?  Armen made it clear that he was not suggesting a disruptive change in our economic systems, instead, he was advocating a parallel economic system and an evolutionary approach toward wealth and abundance based money creation using PCN tools.  Near the end of our discussion, we applied what our guest was saying to space investments such as recent projects discussed on The Space Show and their very significant infrastructure requirements.  From this discussion, we learned how space can be a game changer and rather than banks, governments, and individuals owning debt, these financing parties would own equity or assets in the space project.  In Armen’s closing comments, he urged us to vote in the Planetary Referendum for Cosmic Awareness and to be supportive of their crowd sourcing program.
     Please post comments/questions on The Space Show blog. If you want to email Dr. Papazian, you can do it through me or the Contact page on his website.
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