I wouldn't laugh, it's the biggest open secret that there are UFO's and alien encounters on Earth, It's only the mainstream media and in my case the U.S. Government that has scoffed at the idea, I do think that this recent disclosure affair is likely using a big truth for less than noble means, if the US Government is spending a Trillion dollars with Russia and China as there main justification how many more Trillions will the U.S. Government spend in defense of E.T., maybe India can do the same, triple it's defense budget not for a an earthly enemy which may draw resistance from the people, but triple it for something terrifying like an alien threat, The Military Industrial Complex is going to make more money on alien's than a lifetime of war, now if you said E.T. has large oil reserve's the U.S. Government would be bringing Democracy instantly through out the Galaxy.