Tag Archives: mining the asteroids

How To Escape “Heavy Government Regulations”

Asteroid Miners "Twas a miner, forty-niner, and his daughter, Clementine" [courtesy Google Images]

Asteroid Miners
“Twas a miner, forty-niner, and his daughter, Clementine”
[courtesy Google Images]

The Washington Times recently published “Congress OKs Space Act, paves way for companies to own resources mined from asteroids”.  According to that article,


“The stuff of science fiction is about to be U.S. law after Congress approved the Space Act on Monday, paving the way for private companies to own any natural resources they manage to mine from asteroids.” 


Could it be that “thar’s gold in them thar asteroids”?


“With potentially trillions of dollars at stake, futurists said the bill is a bold statement of American leadership, keeping the burgeoning private spaceflight industry free of heavy government regulations . . . .  ‘This bill encourages the private sector to launch rockets, take risks and shoot for the stars,’ said Rep. Lamar Smith, Texas Republican and chairman of the Science Committee.”

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Posted by on November 30, 2015 in Government absurdity, Humor


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