Posted on 01/08/2013 8:20:42 AM PST by blam
ART CASHIN: Forget The Debt Ceiling — Traders Are Buzzing About The Gigantic Asteroid Barreling Towards Earth
Sam Ro
Jan. 8, 2013, 8:46 AM
With no major economic, earnings, or political news, yesterday turned into one of the most boring trading days in a very long time.
According to UBS's Art Cashin, this gave the New York Stock Exchange floor traders time to chat about various things.
One of those things: the gigantic asteroid heading toward earth.
From this morning's Cashin's Comments:
And You Thought The Debt Ceiling Was All You Had To Worry About – Trading was slow enough yesterday that traders had more than the usual allotment of time for chitchat. Quickly exhausting sports, politics and the rest of the usual roster, thinking and thoughts turned skyward.
They talked of the weekend news reports that an asteroid would be passing very, very near earth. How close was the key? Apparently, in mid-February, asteroid 2012 DA14 will pass within 21,000 miles of earth.
To put that in some perspective, the moon is 240,000 miles away and several GPS satellites orbit at 26,000 miles. So, the asteroid will come within orbits of satellites. No need to worry though, NASA assures us that their calculations show that it will not strike the earth. We're from the government and we're here to help you.
Let's hope NASA double-checked their math.
(Excerpt) Read more at businessinsider.com ...
File this under:
It's Always Something. (IAS)
“To put that in some perspective, the moon is 240,000 miles away and several GPS satellites orbit at 26,000 miles. So, the asteroid will come within orbits of satellites. No need to worry though, NASA assures us that their calculations show that it will not strike the earth. We’re from the government and we’re here to help you.
Let’s hope NASA double-checked their math.”
Would that be the NASA that forgot to convert from feet to meters? Or would that be the NASA that is shilling global warming and muslim outreach? Or maybe that’s the NASA without launch capability to get a person to the space station?
Just wait until the comet in 2014. People will get so freaked about that it’s gonna be silly. It’s supposed to be as bright or brighter than a full moon.
Can’t wait for the idiots to go crazy,
I guess the Mayans were off by a couple months.
So the Mayans were 2 months off.
Rounding error. They can’t be blamed.
Great minds think alike, I guess they also think alike at the same time! Beat ya by a nano-second!
We posted the same thing at exactly the same time.
Really Bad Ju-Ju
Maybe it will hit mecca. Twenty or thirty megatons should rap up that nasty problem...
Not to discount it, buy at 2 megatons it’s not much of a doomsday meteor.
Maybe it will clear out some of the orbital junk that it up there.
2 megatons could wipe out a city but would not cause planetary impacts. But I'm sure that won't stop the usual nitwits from turning it into another end-of-the-world conspiracy theory.
Let's hope that NASA didn't use a mix of metric and English data...........
It’s the NASA who doesn’t understand what happens to space shuttles that have cracked o-rings and broken heat-shield tiles. B@st@rds.
Haven’t heard about the one in 14, any links?
Well, if it hit in the middle of an ocean it could really mess up some primo beachfront property.........
I just heard from a good source Washington, District of Crooks, is ground zero.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.