Wednesday, July 11, 2007

UN Warns Piracy Threatens Somalia Lifeline

The heads of the International Maritime Organisation (IMO) and World Food Programme (WFP) said they want the UN Security Council to ask Somalia to allow foreign warships to move against pirates in its waters.
From TerraDaily

Two things.
1) I didn't know a Navy had to ask permission to kill a pirate. You really can learn something new every day.

2) The New Yorker story,
The Pirates’ Code, has a link to a recent paper by economist Peter Leeson called "An-arrgh-chy: The Law and Economics of Pirate Organization":

“Nature, we see, teaches the most Illiterate the necessary Prudence for their Preservation . . . these Men whom we term, and not without Reason, the Scandal of human Nature, who were abandoned to all Vice, and lived by Rapine; when they judged it for their Interest . . . were strictly just . . . among themselves . . .”

—Captain Charles Johnson (1726-1728: 527)

Captain Johnson was not describing a member of the U.S. Climate Action Partnership.

The reports of increasing pirate activity may be good news in one respect:
Here's the relationship between pirates and global warming.

According to the official website, we have 69 days and 10 hours until International Talk Like a Pirate Day.

I've got to figure out both the potential cash draw-down on a stacked hedge, without pulling a Metallgesellschaft, and how to talk like a pirate.
In German.
In heels.
Oh wait, that was Ginger Rogers. Never mind.