Here’s the bad. I had to take Tom out of school yesterday.

Some kids picked on him.

I know we’ve had this shit before, and we want him to learn to tough it out. But this time it went beyond the usual bully-the-Brainiac routine. The kids got a little rough, and it sounds as if there was a teacher there who should have intervened but didn’t. By the time the principal was called, it had gotten pretty serious.

Tom spent a night in the hospital. It was only one night, just bruising and cuts and one broken bone, in his little finger. But he’s home now.

If I turn this screen around… wait… you can see him. Fine, isn’t he?

He’s a little withdrawn. I know we discourage that rocking thing he does, but today’s not the day.

You can see he’s reading. I have to admit I still find it a little scary the way he flips over the pages like that, one after the other, a page a second. But he’s fine, just our Tom.

So you aren’t to worry. But I’ll want assurances from that damn school before I let Tom go back there again.

Anyway, enough. I want to show you Billie’s painting.

Emma Stoney:

When she heard Malenfant had hauled Dan Ystebo out from

Florida, Emma stormed down to Malenfant’s office.

“Here’s the question, Dan,” Malenfant was saying. “How would you detect a signal from the future?”

Behind his beard, Dan Ystebo’s mouth was gaping. His face and crimson hair shone, greasy, and there were two neat half-moons of dampness under his armpits: souvenirs, Emma thought, of his flight from Florida, the first available, and his Yellow SmartCab ride from the airport. “What are you talking about, Malenfant?”

“A signal from the future. What would you do? How would you build a receiver?”

Dan looked, confused, from Malenfant to Emma. “Malenfant, for Christ’s sake, I’ve got work to do. Sheena Five—”

“You’ve got a good team down there,” Malenfant said. “Cut them a little slack. This is more important.” He pulled out a chair and pushed at Dan’s shoulders, almost forcing him down. He had a half-drunk can of Shit; now he shoved it to Dan. “Thirsty? Drink. Hungry? Eat. Meantime, think.”

“Yo,” Dan said uncertainly.

“You’re my Mr. Science, Dan. Signals from the future. What? How? Wait until you hear the stuff I’m onto here. It’s incredible. If it pans out it will be the most important thing we’ve ever done — Christ, it will change the world. I want an answer in twenty-four hours.”

Dan looked bewildered. Then a broad smile spread over his face. “God, I love this job. Okay. You got connections in here?”

Malenfant stood over him and showed him how to log on from the softscreen built into the desk.

When Dan was up and running, Emma pulled at Malenfant’s sleeve and took him to one side. “So once again you’re ripping up the car park.”

Malenfant grinned and ran his big hand over his bare scalp. “I’m impulsive. You used to like that in me.”

“Don’t bullshit, Malenfant. First I find we’ve invested millions in Key Largo. Then I learn that Dan, the key to that operation, is reassigned to this la-la Eschatology bullshit—”

“But he’s done his job at Largo. His juniors can run with the ball a while…”

“Malenfant, Dan isn’t some general-purpose genius like in the movies. He’s a specialist, a marine biologist. If you want someone to work on time travel signals you need a physicist, or an engineer. Better yet a sci fi writer.”

He just snorted at that. “People are what counts. Dan is my alpha geek, Emma.”

“I don’t know why I stay with you, Malenfant.”

He grinned. “For the ride, girl. For the ride.”

“All right. But now we’re going to sit down and do some real work. We have three days before your stakeholder presentation and the private polls do not look good for us Are you listening to me, Malenfant?”

“Yeah.” But Malenfant was watching Dan. “Yeah. Sorry. Come on. We’ll use your office.”

Reid Malenfant:

Malenfant had called the stakeholder presentation to head off a

flight of capital after the exposure of his off-Earth projects.

He hired a meeting room at the old McDonnell Douglas Hunt-ington Beach complex in California. McDonnell had been responsible for the Mercury and Gemini spacecraft back in spaceflight’s Stone Age — or Golden Age, depending on your point of view. Mercury and Gemini, “little ships that could,” had been highly popular with the astronaut corps. Also he had the room lined with displays of pieces of hardware taken from his Mojave development shops: hydraulic actuators and autopilots and vernier motors. Real, scorch-marked rocket engineering.

To the smart operator, Malenfant liked to say, everything is a symbol.

Emma nudged him. It was time.

He stood up and climbed onto the stage. The audience buzz dropped, and the lights dimmed.

Once again, a turning point, he thought, another make-or-break crisis. If I succeed today, then the Big Dumb Booster flies. If I fail — then, hell, I find another way.

He was confident, in command. He began.

“We at Bootstrap believe it is possible that America can dominate space in the twenty-first century — making money doing it — just as we dominated commercial aviation in the twentieth century. In fact, as I will try to explain, I believe we have a duty to the nation, indeed the human species, at least to try.

“But the first thing we have to do is to bring down Earth-to-orbit costs,” he said. “And there are two ways to achieve that. One way is to build a new generation of reusable spacecraft.”

The first challenge came, a voice floating from the back of the room. We already have a reusable spacecraft. We ‘ve been flying it for thirty years.

Malenfant held his hands up. “Much as I admire NASA’s achievements, to call the space shuttle reusable is to stretch the word to its yield point. After each shuttle flight the orbiter has to be stripped down, reassembled, and recertified from component level up. It would actually be cheaper to build a whole new orbiter every time.

So you’re proposing anew reusable craft? Lockheed has spent gigabucks and years developing —

“I’m not aiming for reusability at all, if you’ll forgive me. Because the other approach to cutting launch costs is to use expendables that are so damn cheap that you don’t care if you throw them away. Hence, the ‘Big Dumb Booster.’ “

Using the giant softscreen behind him he let them look at a software-graphic image of George Hench’s BDB on the pad. It looked something like the lower half of a space shuttle — two solid rocket boosters strapped to a fat, rust-brown external fuel tank — but there was no moth-shaped shuttle orbiter clinging to the tank. Instead the tank was topped by a blunt-nosed payload cover almost as fat and wide as the tank itself. And there were no NASA logos: just the Bootstrap insignia, and a boldly displayed Stars and Stripes.

There were some murmurs from his audience, one or two snickers. Somebody said, It looks more Soviet than anything American.

So it did, Malenfant realized, surprised. He made a note to discuss that with Hench, to take out the tractor-factory tinge. Symbolism was everything.

Malenfant pulled up more images, including cutaways giving some construction details. “The stack is over three hundred feet tall. You have a boat-tail of four space shuttle main engines here, attached to the bottom of a modified shuttle external tank, so the lower stage is powered by liquid oxygen and hydrogen. You’ll immediately see one benefit over the standard shuttle design, which is in-line propulsion; we have a much more robust stack here. The upper stage is built on one shuttle main engine. Our performance to low Earth orbit will be a hundred and thirty-five tons — twice what the shuttle can achieve.

“But LEO performance is secondary. This is primarily an interplanetary launcher. We can throw fifty tons directly onto an interplanetary trajectory. That makes the avionics simple, incidentally. We don’t need to accommodate Earth orbit or reentry or landing. Just point and shoot…”

It may be big and dumb, but it s scarcely cheap.

“Oh, but it is. What you have here is a bird built from technology about as proven and basic as we can find. We only use shuttle engines and other components at the end of their design lifetimes. And as I’ve assured you before, I am investing not one thin dime in R and D. I’m interested in reaching an asteroid, not in reinventing the known art. We believe we could be ready for launch in six months.”

What about testing?

“We will test by flying, and each time we fly we will take up a usable payload.”

That s ridiculous. Not to say irresponsible.

“Maybe. But NASA used that approach to accelerate the Saturn V development schedule. Back then they called it all-up testing. We’re walking in mighty footsteps.”

There was some laughter at that.

You have the necessary clearance for all this?

“We’re working on it.”

More laughter, a little more sympathetic.

“As for our own financial soundness in the short term, you have the business plans downloaded in the softscreens in front of you. Capital-equipment costs, operating costs, competitive return on equity and cost of debt, the capital structure including the debt-to-equity ratio, other performance data such as expected flight rate, tax rates, and payback periods. Even the first flight is partially funded by scientists who have paid to put experiments aboard, from private corporations, the Japanese and European space agencies, even NASA.”

You must realize your whole cost analysis here is based on flawed assumptions. The only reason you can pick up shuttle engines cheap is because the shuttle program exists in the first place. So it s a false saving.

“Only somebody funded by federal money would call any saving ‘false,’ “ Malenfant said. “But it doesn’t matter. This is a bootstrap project, remember. All we need is to achieve the first few flights. After that we’ll be using the resources we find out there to bootstrap ourselves further out. Not to mention make ourselves so rich we’ll be able to buy the damn shuttle program.

“I know this isn’t easy to assess for any investor who isn’t a technologist. Exercising due diligence, how would I check out such a business plan? How else but by giving it to my brother-in-law at NASA? After all, NASA has the only rocket experts available. Right?

“But NASA will give you the same answer every time. It won’t work. If it did, NASA would be doing it, and we aren ‘t. All I can ask of you is that you don’t just go to NASA. Seek out as many opinions as you can. And research the history of NASA’s use of bureaucratic and political machinery to stifle similar initiatives in the past.”

There was some stirring at that, even a couple of boos, but he let it stand.

“Let me show you where I want to go.” He pulled up a blurred radar image of an asteroid, a lumpy rock. “This piece of real estate is called Reinmuth. It is a near-Earth asteroid discovered in 2005. It is what the astronomers call an M-type, solid nickel-iron with the composition of a natural stainless steel.

“One cubic kilometer of it ought to contain seven billion tons of iron, a billion tons of nickel, and enough cobalt to last three thousand years, conservatively worth six trillion

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