Downfall of GPS and eLORAN backup

There are plenty of news stories going around talking about the possible failure of GPS due to loss of satellites. The failure of the United States Air Force has worried many because of GPS wide-range of use in aeronautics, business transactions, and personal navigation.

One gap-stop backup in case of GPS failure is the LORAN system. Popular Mechanics has a short introduction to the LORAN system which uses ground stations to geolocate targets. However, the LORAN system is being cut out of the new Obama budget.

While the threat of losing GPS in 2010 is receiving more attention than the actual threat there are plenty of things which could cause GPS failure. One would hope something so critical to keeping the geoeconomy running would be in a relatively stable situation with backups.