Monday, May 4, 2009

Behind The Business Plan Of Pirates Inc.

This is a good assessment of the workings of the pirate racket being run off the Somali coast. It puts the pirate issue into simple terms and offers a viable solution.

"Ali" raises another issue that so far has not had enough attention. That is: Somalis and other Muslims who come to the West, spend from a few years to a few decades, and then leave to go fight in the Global Jihad.

"..the pirates hired one, too — usually someone who speaks English well, often a lawyer. In this instance the pirates' negotiator — "Ali" — had spent 29 years in the U.S."

The questions are how many, where are they, and, when & where will they go back to the Jihad? While so far as we know, these "sleeper" jihadi have been going back to Islamic countries to fight the Jihad, but how many are planning on staying and waging violent Jihad in the West?

Where will you be when the Jihad hits the street?


Behind The Business Plan Of Pirates Inc.
by Chana Joffe-Walt

A container is parachuted to a ship being held by Somali pirates on Jan. 9. It's believed the container held ransom money for the ship and its crew — the usual way pirates collect "pay" for their "work" in the piracy business model.

April 30, 2009 · Piracy off the coast of Somalia has become an international problem — and an international business. Navy SEALS rescued an American merchant captain earlier this month after Somali pirates raided the Maersk Alabama as it was making its way around the Horn of Africa to deliver aid.

But the issues of criminality and the potential for violence aside, a closer look at the "business model" of piracy reveals that the plan makes economic sense.
A piracy operation begins, as with any other start-up business, with venture capital.

J. Peter Pham at James Madison University says piracy financiers are usually ethnic Somali businessmen who live outside the country and who typically call a relative in Somalia and suggest they launch a piracy business. The investor will offer $250,000 or more in seed money, while the relative goes shopping.
"You'll need some speedboats; you'll need some weapons; you also need some intelligence because you can't troll the Indian Ocean, a million square miles, looking for merchant vessels," says Pham, adding that the pirates also need food for the voyage — "a caterer."

Yes, a caterer.