A Comment About

Newt’s Lunar Base

January 27, 2012 - 1:21 pm - by Rand Simberg
richard40
2012-01-27 16:47:36

On the possibility of a future congress rescinding the prize. The way around that is to establish a non-profit entity to run the contest to award the prize, with NASA criteria set in advance. Then congress appropriates the money and gives it to this private entity. Once out of the hands of congress, it can no longer be rescinded. Of course with this approach you have to get some very honest entity to administer the prize awarding entity, to avoid another Fannie Mae.