Asteriod will swing by, but won't stop

Link: http://news.yahoo.com/s/ap/20080125/ap_on_sc/earth_asteroid
Hello everyone,
I read an article about an asteroid that is going to swing by Earth sometime today (Jan. 29). The asteroid is estimated to be between 500 feet and 2,000 feet long, but it has no chance of crashing into the Earth. The asteroid known as 2007 TU24 will come as close as 334,000 miles from Earth. This is about 1.4 times the distance of Earth to the moon. Medium sized telescopes will be able to catch a glimpse of the asteroid. At this same time, another asteroid is scheduled to pass right by Mars. The asteroid known as WD5 will be as close as more than 16,000 miles from the Martian surface. The odds of the impact there is 1 in 10,000. I think this article is interesting because it is a rare occasion that an asteroid of this size will pass so close to the Earth. The article states that an actual collision of a similar asteroid with Earth occurs on average every 37,000 years. What will be the impact of others, society and myself if the asteroid would hit Earth? Well a large asteroid hitting Earth can have a tremendous impact on us. It can cause a lot of damage and take lives. The impact could create earthquakes, fires and tidal waves. The next asteroid of this size will swing close by Earth in 2027. Lets hope that it only swings by again and not stop here.