The US Federal Government should mine asteriod.

Contention 1: FundingThe US federal government will reallocate $10 billion dollars to NASA in order to mine asteroids. It costs $2.6 to mine the actual asteroid, but the rest is to figure the cost refining the ore and in case something goes wrong. (http://www.space.com...) per US law if NASA doesn't use this money it gets taken away. So we wouldn't be wasting any money. Contention 2: The need and why we need it.95% of the world's REM supply belongs to China. (http://www.forbes.com...) China is starting to crack down on REM exports to the US leading to almost chaos. (http://www.telegraph.co.uk...) Japan has already started to stop exporting REMs to Japan showing that they are capable of doing such a thing. This will harm the Japanese economy and since they are a great industrial nation, it will harm the rest of the world as well. (http://www.telegraph.co.uk...) You may think no big deal, but if it goes any further it will lead to US crackdown on China and with the US trying to put leverage on the US China will most likely do the same leading to an economic down of the US and then China then the world. Why is this you may ask? It is the fact that the US is entirely reliant on China and the fact that China is also to reliant on the US if one falls they both do. China is already in a massive trade war with the US and this can be a possible scenario as the Chinese and the US are in a trade war over Solar Panels. (http://www.ft.com...) 2nd scenario.We all know that REM are what we use in batteries, cell phones, and even military technology. So it is key that the wealth gets spread around. Since China is hoarding them the US could try to force China to give them up. This is very likely to happen since nation's in the past of done this type of thing. Look at Japan when they attack the US due to the US oil embargo on them. This will lead to a possible WW3 and this scenario is likely to happen because once you run out of REMs then you're out. (http://www.marketoracle.co.uk...) is a war that will hurt many nation and has a potential to go nuclear and the world will likely end due to this episode. (“The Asian Ascent: Opportunity for Peace or Precondition for War?,” International Studies Perspectives, Volume 7, Issue 1, Pages 36-42) Also the war will be likely to escalate into a nuclear war and with today's nuclear weaponry of Neutron Bombs will excellerate the Earth's volcanic activity causing Earth to explode. (http://sci-e-research.com...) Dr. Tom J. Chalko states that the militaries will be likely to use this bomb, because of it's radiation's ability to penetrated the deepest bunkers to fry troops.Contention 3: Economic pay back!It's $195 billion per asteroid! (http://www.space.com...) s think about the trade of it'll take $2.7 billion to mine while the profit is $195 billion. With this kind of profit the US will be able to finally start to pay off it's debts which will increase trade interest with the US from other nations. The US can use this money to quickly pay off it's overbearing debt and restore the value of the US dollar. This will place the US economy back ahead of China's.Contention 4: Danger, what danger?We will not be sending up astronauts to mine the asteroids, but machines. NASA is currently working on machines that will mine these asteroids and my opponent forgets that we do not need people to do this as we currently have several Rovers on Mars that are operated by the scientists in NASA. (http://www.nasa.gov...) Asteroids have been mined before as the Japanese company, JAXA, has mined an asteroid with the explorer Hayabusa. (http://global.jaxa.jp...)For fuel we do not have to use fossil fuels because we couldn't get too far but we will use like NASA has always used and that is solar sails and that gets us to were we need to go. (http://www.nasa.gov...)