Ever since they were first discovered, the true nature of quasars has long been one of the most difficult paradoxes in cosmology and astrophysics. There is nothing in the initial assumptions of the Big Bang and Relativity theories that would lead to the creation of quasars. Also, the principles of quantum mechanics offer no solutions to the gigantic energies that quasars are purported to produce. The experimental observations of over two thousand quasars leads to a completely new explanation of them. It is concluded that all of these peculiar stars reside within the Milky Way and not at the edges of the universe.