The new acronym would stand for the Lasso Asteroids Space System Organization or better yet the Lasso Asteroids Space System for Obama.  Which do you like better?

The new organization’s main purpose is to fly an Orion spacecraft with an astronaut aboard to an asteroid, perform a tethering maneuver and tow the asteroid home.

CBS News has also learned that the new organization, LASSO, is seeking permission  to use its technology to lift Louie Anderson of the Splash show out of the pool.

Scientists agree this is better than having NASA wait around for the next President named Kennedy to give them a goal.