This is not a waste of money. We should be spending billions, not millions, on the design/development/deployment of a technology to protect against asteroid hits.
If an asteroid comes our way, the billions we spent will be chump change compared to the trillions or quadrillions in damage we would avoid. If no asteroid comes our way we would have developed some interesting technology which might come in handy for a moon mission, mars mission, space mining, etc.
Don’t worry Barry will give them OUR money
“....an asteroid labeled “(433) Eros” is rushing toward our planet....”
.
Is its arrival time 12/21/2012?
How ironic — Eros is known to have a hard on for the general population.
An asteroid impact will happen at some point. Better to spend money on something like this than global warming.
To protect themselves from the falling Euro?
You would think most of them would want it over quickly so they can start over.
A shield won’t help:
http://www.youtube.com/watch?v=-zvCUmeoHpw