7 October 2008 - convoy 1

When I am king of the world, I will prohibit public corporations from writing human costs onto the balance sheet. How will that affect events? Consider this: The warships in the Gulf of Aden, though too few to patrol the whole area against pirates, are enough to escort convoys through. A freighter willing to wait for the next convoy would be safe. But why bother, if the cost of waiting is higher than the cost of occasional ransom payments?

So you see, there’s no reason whatever to oppose me. Nothing will change in the least.