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Only $550 Million

HerefordSire

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Work begins on world's deepest underground lab

SIOUX FALLS, S.D. – Far below the Black Hills of South Dakota, crews are building the world's deepest underground science lab at a depth equivalent to more than six Empire State buildings — a place uniquely suited to scientists' quest for mysterious particles known as dark matter.

Workers began construction Monday in an old gold mine that was once the site of Nobel Prize-winning physics research.

The site is ideal for experiments because its location is largely shielded from cosmic rays that could interfere with efforts to prove the existence of dark matter, which is thought to make up nearly a quarter of the mass of the universe.

The deepest reaches of the mine plunge to 8,000 feet below the surface. Some early geology and hydrology experiments are already under way at 4,850 feet. Researchers also hope to build two deeper labs that are still awaiting funding from Congress.

"The fact that we're going to be in the Davis Cavern just tickles us pink," said Tom Shutt of Case Western Reserve University in Cleveland, referring to a portion of the mine named after scientist Ray Davis Jr., who used it in the 1960s to demonstrate the existence of particles called solar neutrinos.

http://news.yahoo.com/s/ap/20090622/ap_ ... _science_2
 

HerefordSire

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1982vett":1czxg73u said:
HerefordSire":1czxg73u said:
Interest on $550M for one year is $16.5M @ 3%.
Where ya going to get 3% now days? :lol:

The government's financing cost is the average cost of bills, notes, or bonds in which they sell the majority to foreigners. Long ones are around 3 points. We borrow their money to develop weapons to defend ourselves in future wars.
 

Jogeephus

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HerefordSire":vctdffug said:
1982vett":vctdffug said:
HerefordSire":vctdffug said:
Interest on $550M for one year is $16.5M @ 3%.
Where ya going to get 3% now days? :lol:

The government's financing cost is the average cost of bills, notes, or bonds in which they sell the majority to foreigners. Long ones are around 3 points. We borrow their money to develop weapons to defend ourselves in future wars.

Then we give the technology to the Chinese so we can get re-elected. ;-)
 

HerefordSire

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Jogeephus":36uw4m6f said:
Then we give the technology to the Chinese so we can get re-elected. ;-)

Also so we can build plants there and businesses. In exchange, we provide obsolete technology, or at least, technology less than our superior equipment.
 

grannysoo

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Jogeephus":145i7vcu said:
Then we give the technology to the Chinese so we can get re-elected. ;-)

Shush your mouth. You need to be more supportive of your elected officials. :lol2:
 

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