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

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


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.

Walt Anderson, Friday, 10-5-12 October 5, 2012

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Walt Anderson, Friday, 10-5-12


Guest:  Walter (Walt) Anderson.  Topics:  Walt rejoins the space community after seven plus years & talks about it all!  You are invited to comment, ask questions, and discuss the Space Show program/guest(s) on the Space Show blog, http://thespaceshow.wordpress.com. Comments, questions, and any discussion must be relevant and applicable to Space Show programming. Transcripts of Space Show programs are not permitted without prior written consent from The Space Show (even if for personal use) & are a violation of the Space Show copyright. NOTE:  Walt’s comments and opinions are his and his alone, some may be controversial, & some of you may be offended. As I said at the end of the program & on various blog posts during the week before this program, The Space Show believes Mr. Anderson has as much right to speak freely on The Space Show as any other guest.  We strongly believe in second chances for people and new beginnings.  We are an educational program and we air all sides of complicated issues & do not shy away from controversy.  Walt Anderson is not an exception to Space Show policy.  On a personal note, I wish Walt great success in his new ventures and in fulfilling his deep commitment to expanding space for the benefit of us all.  All listeners are encouraged & welcome to post comments about this program on The Space Show blog with civility being the only requirement for your comments.
     During the first segment of our discussion, I asked Walt to tell us how the space industry has changed during his absence from the business.  Walt talked about many changes for the better, noting the change in government policy which is now supportive of the private space industry.  A listener asked him about his thoughts on NewSpace being ready for prime time investment. Walt had much to say on this topic & specifically mentioned three prime areas including resource usage & asteroid mining/capture, SSP, & space habitats.  From this discussion, Walt talked about management team importance & quality.  Walt was asked about technology changes & his getting up to speed with new technology.  He had interesting things to say so don’t miss it.  Next, our discussion took a different turn as Ben asked about movie & TV prison stereotypes, prison friends, running the “biz” from prison, etc.  Walt spoke openly and directly in response to Ben’s questions.  He also had much to say about prisoner treatment in our federal prison system.  Carl emailed in to ask Walt about federal liens against him & what happens to any new monies raised for new business ventures.  Does the government seize such funds raised?  Walt openly addressed these concerns.
     In our second segment, Trent from Down Under asked about the upcoming SpaceX mission to the ISS and Nanoracks.  From here we started talking about MirCorp & the efforts to privately buy Mir, Walt’s role in that, what happened with NASA, Dan Goldin, even Dennis Tito.  Walt discussed the electrostatic tether project & what happened just a day too late.  Rick Tumlinson called & also talked about Mir, Dennis Tito, & this early commercial attempt to buy the Mir Space Station.  At my request, Rick told us about his new Earthlight Institute project.  Near the end, Walt was asked about suborbital space developments & citizen science projects.  Final discussion topics included his preference for either human spaceflight or commercial robotic missions, asteroid and lunar mining, & NASA budget issues.  Walt left us with a set of thoughtful concluding comments so make sure you hear them.
     Please post your comments/questions on The Space Show Blog.  If you want to email Walt, do so through me & I will forward your note to him.

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