May 19, 2002:
A New
Paradigm to Reduce
the Threat
of the Next Terrorist
Act
to The Elect
Hobie Homepage
In his annual Chairman's Letter to Berkshire
Hathaway stockholders
Warren Buffet noted that “while no one knows the
probability of a nuclear denotation in a major metropolis this year (or
even multiple detonations, given that a terrorist organization able to
construct one bomb might not stop there)...” the probabilities,
although
“likely very low at present... are increasing, in an irregular and
immeasurable
manner, as knowledge and materials become available to those who wish
us
ill.” He goes on to say that “fear may recede with time,
but
the danger won't – the war against terrorism can never be won.
The
best the nation can achieve is a long-succession of stalemates.
There
can be no checkmate against hydra-headed foes.”
At the
Berkshire Hathaway annual meeting
he followed up by saying “a major nuclear event in this country” was a
“virtual certainty,” and New York and Washington would be the top two
targets
because terrorists want to traumatize the country and kill as many
people
as possible. And since Berkshire-Hathaway’s main business is
insurance,
his remarks were made in the context of potential losses from such
events,
which “under a ‘close-to-worse-case’ scenario... could conceivably
involve
$1 trillion of damage, which
would destroy the insurance
industry.
As a result, private insurance industry must “dramatically limit its
assumption
of terrorism risks [since] only the U.S. Government has the resources
to
absorb such a blow.”
And today
(May 19, 2002) Vice President
Cheney said another attack
against the U.S. was “almost certain” and other officials said the
indications
were the next al Qaeda attack would be “as big or
bigger” than the ones on
September 11th.
All these warnings
reflect the realities that
our borders are so wide and so porous, our commerce so great and so
international,
our society so diverse and so open, and the materials and knowledge for
weapons of mass destruction so available that sometime in the future
someone
will use them against us. And while our first line of defense
will
logically be better intelligence, more effective border controls, and
eventually
national ID cards and other measures that will necessarily infringe our
privacy and lifestyle, these measures can never be enough to prevent
every
attempt by all of those who want to harm us.
So
we need a new paradigm that
fully uses our most powerful anti-terrorist weapon which is not our
military
but our economy, i.e. the U.S. economy already is the economic engine
for
much of the world, and that sphere of influence must be dramatically
expanded
by massive amounts of assistance and aid to other countries so that an
attack on the U.S. will in essence be an attack on the terrorists’ own
people and homeland as well.
Since successful
terrorists have been educated
and with significant financial resources, and their acts have been
rational
to their goals, this new paradigm should:
*Neutralize some of
their motivations and undermine some of their rationale;
*Fewer would be
willing
to help – and more would be willing to prevent – acts that would hurt
their
family, friends, and country;
*From the terrorists
view, rather than destroy the devil, it is better to get the devil to
work
for you;
*Massive aid would be
less
restrictive on our rights and lifestyle than another attack and/or
other preventative homeland
measures; but also the aid would be an
*Economic stimulus
that would eventually help to enlarge everyone's economy – including
ours.
As WWII General and
former President Dwight
Eisenhower so eloquently said:
"Every gun
that is made, every warship
launched, every rocket fired signifies, in the final sense, a theft
from
those who hunger and are not fed, those who are cold and not
clothed.
This world in arms is not spending money alone. It is spending
the
sweat of its laborers, the genius of its scientists, the hopes of its
children."
In
short to the extent
each terrorist is stealing
from everyone's future, they will not be seen as rational or condoned
under
any religious or moral code, or any political or economic system.
And although this would be a radical change from our recent
“America
First” policies, wouldn't it be wiser to spend the trillion dollars to
change the American bully into the American angel.
(P.S. On a
recent trip to Mexico,
when Hobie asked the taxi
driver if September 11th had affected his business, the stream of
obscenities
against Osama were colorful and heartfelt as the taxi driver said he
held
Osama bin Laden responsible for the lack of tourists, which forced his
wife to take a second job, and his son and pregnant wife to move in
with
them... an effect Osama presumably did not contemplate or
intend....
And the recently enacted massive farm subsidy bill is idiotic for many
reasons, but now also because it pays farmers not to produce
food
which could be extremely helpful in combating terrorism.)
Page prepared 5/19/02
Original material only copyright 2002; other
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