The coming cosmic Gold Rush

The New York Post ^ | December 12, 2015 | Post Editorial Board

[presidio9]

America’s next Gold Rush might be out of this world.

Literally.

President Obama just signed a law giving prospectors the right to keep — and sell — anything they find in outer space. It’s a vital step in fostering the exploitation of off-earth resources.

Under the US Commercial Space Launch Competitiveness Act of 2015, US citizens “engaged in commercial recovery of an asteroid resource or a space resource” can keep whatever they dig up.

Previous law had left investors nervous about whether they’d be wasting millions to build rockets and mine resources in space — only to later have courts confiscate what they harvested.

[Patton@Bastogne]

.

This is a news media myth ...

Douglas A. Coggeshall,
Senior Aerospace Mechanical Engineer

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[Mr. K]

“giving” them the right???

GIVING??

The government does not GIVE rights... you have them, their job is to protect them and not infringe them

[Larry Lucido]

That will keep William Devane busy with commercials.

[McGruff]

I can just see many more seasons of

[GraceG]

Heck, we need to colonize someplace like Ceres as a backup plan in case things go sour on earth.

[Don Corleone]

I already have a gold pan. All I need now is a rocket ship and I’ll be wealthy. Hooray for Obama! It a brave new world. /sarc

[tumblindice]

[Smokin' Joe]

Let me get this straight, here. If I just spend a few billion dollars, I can go mining the asteroids and maybe I'll strike it rich!

Huh?

[TexasCajun]

Sounds right up Todd Hoffman's alley.

I guess the Discovery Channel bailed him out of his South America fails.

Looking forward to seeing Parker's 'Goldzilla' this week.

[Red Badger]

can't WAIT!........................

[Red Badger]

Todd? On a space ship?.....................gonna need a bigger boat.................

[TexasCajun]

Seems Todd finally has his act together this season and the equipment to get the job done.

Todd seems to only have one kind of luck, I surely wouldn't ride on the same plane with him.

[Rusty0604]

The good news is you can keep and sell what you find. The bad news is your gross sales will be taxed at 90%.

[ETL]

[McGruff]

You know just weld a couple of rockets on her and she might just fly. Whadda ya think, eh?

[WorkingClassFilth]

Calling Harcourt Fenton Mudd: New business oppottunities await . . .

[ETL]

[TexasCajun]

Check out this pic of Granpu Schnabel I found.

[Iron Munro]

The King Giveth And The King Taketh Away

King Opie also gave his okay for TransCanada to drill and build a Keystone pipeline on Uranus.