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President Obama Signs Bill Recognizing Asteroid Resource Property Rights into Law

Paleocon said:
Did they put these rocks in space?
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Nobody put oil in the ground but people still claim it when they build a rig on top of it.
 
Deuce said:
Nobody put oil in the ground but people still claim it when they build a rig on top of it.
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Yes, after taking effective possession of the oil.

Keep in mind that oil is personal, rather than real property.
 
Paleocon said:
Yes, after taking effective possession of the oil.

Keep in mind that oil is personal, rather than real property.
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And after taking effective possession of a space rock...
 
Deuce said:
And after taking effective possession of a space rock...
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Do you understand the difference between real and personal property?
 
Kal'Stang said:
Kind of interesting that such a bill is even needed to be honest. AFAIK no one and no country has any claim to anything that is not on this Earth with the exception of man made objects in orbit of course. Even the moon has not been actually claimed for any person or country. As such I don't really see how our government (or any government for that matter) would even have the power to make such a bill since they don't own it.

Don't get me wrong, I'm not against the bill per se. I'm just wondering what kind of power the government actually thinks it has for this type of bill.
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also what if my asteroid hits yours and they both blow up.
could you imagine the lawsuits from that?

this bill makes 0 sense. it is like people that sell stars to people.
sure you can buy a star big deal. not like you can do anything with it.

what are you going to charge someone rent for using it? I mean seriously.
 
Paleocon said:
Do you understand the difference between real and personal property?
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I'm not understanding the difference between oil in the ground and palladium in a space rock.
 
President Obama Signs Bill Recognizing Asteroid Resource Property Rights into...

Here's a show that goes into this subject,

Who Owns The Moon? - YouTube

It's a few months old and doesn't take into account the recent bill.
 
Deuce said:
I'm not understanding the difference between oil in the ground and palladium in a space rock.
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I wasn't talking about the metals within, I was talking about the asteroids themselves.
 
Paleocon said:
How ridiculous. Men cannot own the heavens.
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If you read the article title correctly it says "asteroid resource property rights" (emphasis added). It doesn't say anything about owning the asteroid itself, just the "asteroid resources they obtain". I don't see a problem there.
 
Well done Obama! Even though he had nothing to do with it. Still, hes President so he gets credits for anything that happens.
 
What would Obammy do if terrorists were on the moon?
 
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