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Old 05-27-2007, 01:00 PM   #1
AnimeSpirit
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You think that's a tax drain?

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During the heat of the space race in the 1960's, NASA decided it needed a ball point pen to write in the zero gravity confines of its space capsules. After considerable research and development, the Astronaut Pen was developed at a cost of $1 million U.S. The pen worked and also enjoyed some modest success as a novelty item back here on earth.

The Soviet Union, faced with the same problem, used a pencil.
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Old 05-27-2007, 02:00 PM   #2
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Originally Posted by AnimeSpirit
You think that's a tax drain?
I don't know "who's" paying for it .. but it's a $60 million dollar amusement ride being built by the Kennedy Space Center.

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Old 05-27-2007, 02:47 PM   #3
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That thing about the pen isn't true.
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Old 05-27-2007, 03:09 PM   #4
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Originally Posted by joepole
That thing about the pen isn't true.
Joe could you explain please I know this is right up your ally so I will have to go with what you post
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Old 05-27-2007, 06:45 PM   #5
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Have you ever been to the Kennedy space Center? That place prints money. Let's amortize $60M over 15 years (a reasonable assumption of the ride's lifespan)

At 6% (reasonable rate for government bonds) that's around $575,000 per month to run it. Add in an extra $25K for staff and maintenace, you're looking at $600K a month=$7.2M a year. A quick googling tells me anywhere from 1.3 to 4 million people visit the KSC every year, so let's say 2M to be on the safe side.

Assume 25% (a nice, low figure) go on the new ride, that means if the tickets cost more than $14 you're making money. That's not even including additional merchandise or food/beverage sales, which are almost all profit.
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Old 05-27-2007, 06:46 PM   #6
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Barbara explains it better than I can:

http://www.snopes.com/business/genius/spacepen.asp
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