New Company Called Planetary Resources To Launch Next Week

Google founders Eric Schmidt and Larry Page and teamed up with "Avatar" movie director James Cameron for an ambitious project that will be launched on April 24, 2012.

The new company, to be called Planetary Resources, will have its unveiling at the Museum of Flight in Seattle, Washington this next week.

The purpose of this venture is to combine "space exploration and natural resources" together to earn "trillions of dollars for the global GDP." The Wall Street Journal reprots that this new company will be exploring the feasibility of mining natural resources from asteroids.  Which is an idea that has been around the space colonization effort community for decades.

Former NASA Mars mission manager Eric Anderson, is co-founder for Planetary Resource.  Peter Diamandia is the commercial space entrepreneur who was behind the X-Prize, a competition that offered $10 million to a group that launched a reusable manned spacecraft.




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Ref.
1. Reuters/yahoo.com. "Google execs, director Cameron in space venture" by Gerry Shih, editing by Bernard Orr. April 21, 2012. (http://ca.news.yahoo.com/google-execs-director-cameron-space-venture-005212432--sector.html).

Oprah Says "It's great to have a private jet."

Check out the link below for the Wall Street Journal article about what Oprah said about having success overall, but about having a private jet in general.  

She was speaking at Duke University graduating class.  Quoting the article, "It's great to have a nice home.  It's great to have nice homes!  It's great to have a nice home that just escaped the fire in Santa Barbara, It's great to have a private jet. Anyone that tells you that having your own private jet isn't great is lying to you."  Oprah also went on to explain that "you haven't completed the circle of success until you help someone else move to a higher ground and get to a better place."  

What attracted me to this article was in fact what attracted the writer of this article - her comments about owing private jets.  And the line that the reporter put into their report is very good.  I quote: "In these times of hair-shirt capitalism and envy politics, the wealthy have been going to great lengths to pretend they don't enjoy luxury or want nice stuff. If Oprah were like most of the faux-populist rich today, she would have said something like, "I don't need private jets, in fact I'm happier flying commercial and living in a small house.  I like the simple life."  Of course, she would be lying.  

Oprah has a $42 million custom-built Global Express XRS built by Bombardier Aerospace.

Due to the 'fake'(my words) outcries over the Auto execs flying to Washington, D.C. instead of hitchhiking, the General Aviation world has taken a hit.  Wall Street Journal states that the private-jet industry has been making a comeback by mounting a public-relations campaign to get people flying again.

The other Wall Street Journal link below is the propgranda by famous people who claim that they are ditching their jets to fly commercial.  

I say Bulls**t!  It takes money and wealth to keep the wheels of capitalism turning.  

Hey - I wish I was like Oprah in this one reguard... I would like to have my own business/private jet too!

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Ref. Wall Street Journal article"Oprah:  It's Great to Have a Private Jet", May 11, 2009 (http://blogs.wsj.com/wealth/2009/05/11/oprah-its-great-to-have-a-private-jet/tab/print/).

WSJ ( http://blogs.wsj.com/wealth/2009/04/16/ditch-the-jet-its-cool-to-fly-commercial/). 

Bombardier photo that was attach to original article.