Tuesday, April 14, 2009

Pirates from Somalia and Washington, D.C.

An uncharacteristically strong president allowed the United States Navy SEALS to kill three Somalian pirates who kidnapped the captain of the U. S. merchant ship Maersk Alabama and free the captain, Richard Phillips. The anarchical country of Somalia is controlled by independent warlords with no central government. Rampant crime is driven by poverty and virtually no commerce or industry. The start-up service industry of capturing and holding for ransom ships and crews has proven profitable, thus bringing it hockey-stick-like growth as ship owners pay millions of dollars in ransom to regain their ships, cargos and crews. A lack of defense mechanisms extend the safe operations of the pirates. It is easier and cheaper for the ship owners to pay rather than resist. Payment of ransom leads to more piracy, the costs of which are paid for ultimately by consumers...sort of taxation without representation.

An analogy might be trial lawyers extort business executives, and they pay and it gets worse.

Another analogy might be union bosses extort business executives, and they pay and it gets worse.

Another analogy might be Congress extorts seekers of favors, and they pay and it gets worse.

And the world gets corrupted.

Think about it: the world needs be rid of all pirates.

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