Aerospace Going Private?

So here I am rifling through odds and ends on a story to opinionate upon after taking my niece to the mall, she jumped like thirty feet in the air over fifteen times, I dare you to beat that record. Upon this search I found that a group of over acheivers and veteran scientists and inventors have created SINGULARITY, it's main theme? To unite man and machine in such a way that a computer can download your consciousness, but that is just the underlying theme. Hooray for nerds and geeks everywhere, soon we will not just watch porn...it will be Interactive! :}
So, the republicans of our fine nation have made it no secret that N.A.S.A, in there point of view of course, is a monetary sinkhole that needs to be plugged before 2011. This being the same political party that over zealously approved almost every manned space mission since the early 60's.
We are talking thousands of jobs, decades of education, billions of hopes and dreams put in the hands of the private sector? Global conglomerates with logos of every subsidiary division on private space shuttles awkwardly tatooed on the side of a spaceship. I'm sure that when Will Smith decides to take his family on the starbucks AV02015 space rocket and runs into extraterrestrial life he can without a doubt explain that starbucks is the name of a coffee house and not the name of the planet.
Not to say N.A.S.A will be taken off the shelf entirely, we still need their cool satellites to see if Antarctica will melt. Leave the 'grunt' work to us the Civillian Space Industry claims, but where most see a minuscule change I see a large and malevolent plan to merge and capitolize the Space Industry. My niece just asked me to get her a Burger King Happy Meal, thank God I don't have to leave Earth to get it. This is KANNABULL and I have a full stomach now.