{"id":162833,"date":"2022-08-29T13:57:35","date_gmt":"2022-08-29T13:57:35","guid":{"rendered":"https:\/\/precoinnews.com\/?p=162833"},"modified":"2022-08-29T13:57:35","modified_gmt":"2022-08-29T13:57:35","slug":"boeing-rips-off-america","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/","title":{"rendered":"Boeing Rips Off America"},"content":{"rendered":"

The Artemis 1\u2019s super-rocket will take off and send a capsule to the moon. It will be powered by the Space Launch System, a massive rocket that will roar aloft from the Kennedy Space Center. The return to the moon brings up the question why it costs untold billions of dollars to replicate what NASA did in 1969 with technology that today is entirely primitive.<\/p>\n

Cost overruns and delays pushed the costs of the first core stage and other components to $8.9 billion, about twice the expected number. In addition, the launch was pushed back several years during the building of the aircraft. According to The Verge, an inspector general\u2019s analysis showed that \u201cBad estimates by Boeing have contributed to many of these problems, the report argues.\u201d<\/p>\n

Boeing Co. (NYSE: BA) has been pushed out of many of the advances of space flight over the past several years as it has been replaced largely by Elon Musk\u2019s SpaceX.<\/p>\n

In its recent \u201cNASA\u2019s newest rocket is a colossal waste of money,\u201d The Economist argued that the mission to the moon should have been handled by private contractors. \u201cIt is also a colossal boondoggle. The conception and execution of the project has been a near-perfect example of pork-barrel politics.\u201d Boeing has been a major beneficiary of this.<\/p>\n

\n

\t\t\t\t<\/p>\n

\t\t<\/svg>
\n\t\t\t\t<\/p>\n

\t\t\t\t\t\tGet Our Free Investment Newsletter<\/p>\n

\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tI have read, and agree to the \t\t\t\tTerms of Use
\n\t\t\t\t\t\t\t\t<\/span>
\n\t\t\t\t\t\t\t\t\t\t\t\t<\/form>\n<\/section>\n

\nThe aspect of the launch and mission that makes the most sense to many experts and members of the press is that SpaceX continues to put satellites and people into space. The first stages of its rockets return to earth, which brings the costs for these missions to a fraction of NASA\u2019s newest project.<\/p>\n

\t\t\t<\/p>\n

\t\t\t\tALSO READ: 30 Scandals That Cost Companies Billions in Fines
\n\t\t\t<\/strong><\/p>\n

\nTechnical problems not only cause cost overruns. They make flight more dangerous. A problem with the Space Launch System will not put NASA\u2019s plans back for years, and it will beg the question of whether the new systems will be safe when it eventually carries humans.<\/p>\n

Who has paid for all these expensive systems? The American taxpayer.<\/p>\n

Sponsored: Find a Qualified Financial Advisor<\/b><\/p>\n

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Artemis 1\u2019s super-rocket will take off<\/p>\n","protected":false},"author":3,"featured_media":162832,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"\nBoeing Rips Off America - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boeing Rips Off America - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"The Artemis 1\u2019s super-rocket will take off\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-29T13:57:35+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/08\/Boeing-Rips-Off-America.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/\",\"url\":\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/\",\"name\":\"Boeing Rips Off America - Pre Coin News\",\"isPartOf\":{\"@id\":\"https:\/\/precoinnews.com\/#website\"},\"datePublished\":\"2022-08-29T13:57:35+00:00\",\"dateModified\":\"2022-08-29T13:57:35+00:00\",\"author\":{\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/precoinnews.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/precoinnews.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Boeing Rips Off America\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/precoinnews.com\/#website\",\"url\":\"https:\/\/precoinnews.com\/\",\"name\":\"Pre Coin News\",\"description\":\"precoinnews.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/precoinnews.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"mediabest\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/precoinnews.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g\",\"caption\":\"mediabest\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Boeing Rips Off America - Pre Coin News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/","og_locale":"en_US","og_type":"article","og_title":"Boeing Rips Off America - Pre Coin News","og_description":"The Artemis 1\u2019s super-rocket will take off","og_url":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/","og_site_name":"Pre Coin News","article_published_time":"2022-08-29T13:57:35+00:00","author":"mediabest","twitter_card":"summary_large_image","twitter_image":"https:\/\/precoinnews.com\/wp-content\/uploads\/2022\/08\/Boeing-Rips-Off-America.jpg","twitter_misc":{"Written by":"mediabest","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/","url":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/","name":"Boeing Rips Off America - Pre Coin News","isPartOf":{"@id":"https:\/\/precoinnews.com\/#website"},"datePublished":"2022-08-29T13:57:35+00:00","dateModified":"2022-08-29T13:57:35+00:00","author":{"@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/precoinnews.com\/business\/boeing-rips-off-america\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/precoinnews.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/precoinnews.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"Boeing Rips Off America"}]},{"@type":"WebSite","@id":"https:\/\/precoinnews.com\/#website","url":"https:\/\/precoinnews.com\/","name":"Pre Coin News","description":"precoinnews.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/precoinnews.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"mediabest","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/precoinnews.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/f5f13cb3b94fc348d515c0951f6ca073?s=96&d=mm&r=g","caption":"mediabest"}}]}},"_links":{"self":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/162833"}],"collection":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/comments?post=162833"}],"version-history":[{"count":0,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/posts\/162833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media\/162832"}],"wp:attachment":[{"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/media?parent=162833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/categories?post=162833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/precoinnews.com\/wp-json\/wp\/v2\/tags?post=162833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}