Comment Anyone remember Venture Star? (Score 1) 279
http://en.wikipedia.org/wiki/VentureStar That was an excellent example of private industry dropping the ball without a guaranteed flow of money from the government. Yes, I can see private industry handling low earth orbit. But the moon or Mars? There is no way that they will pay so much risk money ahead of time without promise of near-term profits. American corporations have forgotten how to invest in the future and only concern themselves with quarterly reports. Lockheed wouldn't even fund its share of 50%, or even a single year of development.