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Piracy pays off for Somalis

by James Denison / January 1, 2010 6:11 AM PST

So does this mean if ill gotten gains help garner more gains that piracy will come to an end? Or will others seek to quickly enrich themselves in similar fashion, seeing no downside to it?


Kenya may be the most attractive spot for pirates to launder their money because it shares a roughly 500-mile (800-kilometer) border with Somalia and has investment opportunities and a large Somali community of up to 200,000 people, Mutua said.

In a neighborhood of Nairobi now called "Little Mogadishu" because of its Somali community, large business and apartment buildings have sprung up. A similar explosion of real estate development can be seen in higher-income areas of the city.

Somali pirates have been paid more than $100 million in ransoms the last two years, said Roger Middleton, a piracy expert at the London-based think tank Chatham House. The average ransom is also up, from $1 million per vessel a year ago to about $2 million today.

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I heard they were spending their money
by JP Bill / January 1, 2010 9:41 AM PST

in the local economy and providing employment for the local population.

South Park (on the Comedy Network) also profited from the Somali pirates by having a show about them. (in fact I think they did 2 episodes) Devil

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like asking if crime pays
by James Denison / January 1, 2010 3:33 PM PST

Of course it does.

It pays the detective who investigates the case
It pays the officer who arrests the perp
It pays the bails bond person who gets him out of jail before trial
It pays the prosecutor who pursues the case
It pays the defense attorney who takes the case
It pays the various secretaries who help the above
It pays the judge who hears the case
It pays the jurors who do their duty (but not much pay, that's for the other parts of all this)
It pays the court reporter who records the case
It pays the prison who incarcerates the convict
It pays the prison guards and record keepers
It pays the parole officer when the convict is released

Yes, crime pays.

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It's ridiculous isn't it.
by MarkFlax Forum moderator / January 2, 2010 6:20 AM PST

Half the countries of the world have their navies stationed there, and they can't stop this. When they do manage to find pirates, they can't harm them without creating an international incident.

I seem to remember either NATO or the UN in Bosnia in the 90's. Sent to keep the peace, but still the Serbians massacred thousands.

Sure, I understand the ocean around there is large, but don't we have the technology to manage that?

We're failing there, and everyone else can see it.


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