^ err, those rocks in space travel at 100's of km per second irrespective of their size.
Look at this video of the asteroid 2012 DA14. Its around the size of a swimming pool. Look at the distance it covers in one second. Then imagine the speed at which its going. If something like that was on a direct collision towards earth, it would wipe out an entire city the size of mumbai in seconds.
Asteroid 2012 DA 14 Passes Earth | Photos, NASA
Well, So what do we do on earth ? wait & watch for some thing like this coming & destroy earth ?
Its time humans invest in such technology rather then other useless stuff.