SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Snowshoe who wrote (301050)4/15/2009 8:44:50 AM
From: Geoff Altman  Read Replies (1) of 793900
 
But the shipping insurers are effectively funding the pirates by paying ransom. These lucrative ransoms create a vicious feedback loop of higher insurance rates and more pirates with better weapons and equipment.

The Barbary pirates did the same thing and we all know how that ended...will the shores of Somalia be added to the marine hymn?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext