Bizarre news

The S&P finished about 2000, at an all time high.

People seem to think this kind of news is significant, or a reason to buy stocks.  What about the earning power of the corporations, hmm?  What does the 2000 level have to do with that?  Besides, how does that help anybody else outside of the corporations?  Has there been any real growth in the economy since the sixties?  It seems all to be a farce, but the farce is rather persistent.

In other news, the military's new hypersonic missile failed.  Guess what?  I don't like the technology.  It confirms to me that the military/government complex only wants stuff that doesn't work and costs the most.  Hypersonic tech like this is probably not the ticket.  I prefer the technology that the Brits are developing, but won't fund--- the Skylon.   The precooler technology has been proven.  That's the most important part of this tech, yet funding is being held up.  Why is that?  This should be pushed aggressively, but isn't.  Instead, we are funding hypersonic.  I realize that this is foreign tech, but the Brits have been close allies.  Why not help them out?

By the way, I found a lot of posts that qualify for the "Best of" label when I searched for Skylon.  Nine new posts!  Now that's not bizarre, it's great news, thanks.