Happy Columbus Day Weekend

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Tax Information With A Mother's Touch

Published by Eva Rosenberg, MBA, EA
Volume 6, Issue 278 October 8, 2004


	Obituaries
	Wonderful Weddings, Judith Sherven Ph.D. and Jim Sniechowski Ph.D.
	Mesmerized by Tom Nicoli, Ph.D.
	Cutting Wit




	Oct. 15 Deadline Approaches


	Medical Humor

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Oct. 15 -
- FINAL Personal/Partnership/Trust Tax Returns due

Dear Family,

Monday is a Federal holiday. The Post Office is closed. But my husband tells me, it's not on his calendar, so the schools must be open. Hmmm....

We celebrate Columbus, who is credited with braving the oceans and going past that part on the medieval map where it warns, "Here there be Dragons".

Yet this month, we celebrate entry into another frontier - SPACE.
Spaceship One won the coveted Ansari-X prize for being the first private manned spacecraft to exceed an altitude of 328,000 feet twice within the span of a 14 day period.

While they won the $10 million prize, I suspect their costs and sacrifices over the past several years exceed ten million dollars.

YET - that's the first solid step taken by private companies to carry humans into the heavens in the same craft repeatedly. Which means this is the beginning of the commerical space industry.

Think in terms of the airline industry. Can you imagine the cost of flying if we could only use each aircraft once, and then had to discard it or blow it up? We'd never have commercial aviation. That's what this milestone means to the space industry.

Burt Rutan and his team of record-busting test pilots already have commercial contracts in place.

And whether it's this company or one of the many others that have been working in the field of reusable manned spacecraft, you're slowly going to see commercial applications - like rapid shipments of security-sensitive chips and electronics across the planet, arriving within hours of take-off. Rich folks taking trips to space, just for the experience. And faster than SST travel, via spaceports instead of airports.

My friends, the future is here.

Hugs to all.

Eva Rosenberg, EA

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