Trickle Down Economics Helps The Poorest Of The Poor

Rich bastards make millions and it trickles down to the poorest of the poor. Who could have imagined such a thing?

Somalia's increasingly brazen pirates are building sprawling stone houses, cruising in luxury cars, marrying beautiful women - even hiring caterers to prepare western-style food for their hostages.

"The pirates depend on us, and we benefit from them," said Sahra Sheik Dahir, a shop owner in Haradhere, the nearest village to where a hijacked Saudi supertanker carrying two million barrels of crude was anchored Wednesday.

...

In Haradhere, residents came out in droves to celebrate as the looming oil ship came into focus this week off the country's lawless coast. Businessmen started gathering cigarettes, food and cold glass bottles of orange soda, setting up small kiosks for the pirates who come to shore to re-supply almost daily.

Dahir said she is so confident in the pirates, she instituted a layaway plan just for them.

"They always take things without paying and we put them into the book of debts," she told The Associated Press in a telephone interview. "Later, when they get the ransom money, they pay us a lot."

...

"Regardless of how the money is coming in, legally or illegally, I can say it has started a life in our town," said Shamso Moalim, a 36-year-old mother of five in Haradhere.

"Our children are not worrying about food now, and they go to Islamic schools in the morning and play soccer in the afternoon. They are happy." (more)

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most of these rich people belong in jail.

by alienufo on 11/25/2008 10:54:22 AM EST

Milton Friedman would be proud. The Somalis are finally truly "free" of any meddlesome government intervention.

by hazmat on 11/25/2008 11:39:46 AM EST

to prove trickle down works?

 Really?

If you can't see the problem with this, then you are a bigger clown than anyone imagined.

by richardshort2001 on 11/25/2008 11:40:10 AM EST


But I am surprised how little sympathy the oil companies are getting, given that their oil tanker was captured and their employees are being held hostage.

by rbruck on 11/25/2008 03:12:43 PM EST

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Qwerty is pretty right-wing, as far as wingnuts go.  He might be completely serious about this.  Given his established point of view, until he says otherwise I'm going to have to believe that he thinks Somalia is a good model for the rest of the world.

by EveningStarNM on 11/25/2008 03:21:50 PM EST

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of qwerty, but I'll give him the benefit of the doubt. If he would seriously think that Somali pirates are the "winners" in a "free-market" scenario, then he is truly an anarchist, and does not belong in the United States of America.

by hazmat on 11/25/2008 04:10:01 PM EST

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Qwerty, you serious, or is my sarcasm detector broken?

by richardshort2001 on 11/26/2008 12:24:01 AM EST

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