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Pirates, Bankers, Libertarians

Getting a Grip Pirates, Bankers, Libertarians ARTVOICE by Michael I. Niman 16 April 09 – “………………..Somalia, a country that hasn’t had an operating central government since 1991, is a libertarian Republican’s wet dream, where entrepreneurs can grow their businesses unfettered by laws and regulations. Out of this brave new old world of unbridled capitalism, 21st-century Blackbeards have emerged, shoeless gangstas doing it Somali style on the high seas,…………………….There’s a reason why the Maersk Alabama was the first American ship seized by pirates in two centuries. Ninety percent of internationally traded goods are transported on approximately 50,000 freighters and tankers, but putting aside domestic and Great Lakes shipping, only about 200 of these ships are registered to the United States and staffed by Americans. Today’s ships are registered under “flags of convenience,” exempting their multinational corporate owners from taxes and environmental and labor regulation……………

………………..When Somalia’s government fell in 1991, making Somalia a free-market free-for-all, it opened the door for all sorts of exploitation on the lawless coast……………………..a new type of European pirate followed in their wake—this time using the Somali coast as a toxic and radioactive waste dump. The Independent quotes the United Nations envoy to Somalia as reporting not only that “Somebody is dumping nuclear waste here,” but “there is also lead, and heavy metals such as cadmium and mercury” showing up in Somalia’s coastal waters. In 2005, more than 300 coastal residents died from radiation sickness after leaking barrels of radioactive waste started washing ashore. Much of the toxic waste found on the Somali coast is traceable to European hospitals and industrial facilities.

Pirates, Bankers, Libertarians

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April 16, 2009 - Posted by | environment, Somalia | , ,

1 Comment »

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