Regarding Piracy on the High Seas:
Whereas the cost of goods to consumers would be significantly increased either as a result of increased operating costs to shippers to provide an their ships with active means to combat pirates and prevent the taking of their vessels and/or would be signficantly increased by the tax burden necessary to provide military forces sufficient to interdict piracy, and
Whereas the potential human cost to merchant crews and to those practicing piracy as a livelihood would be significant were more aggressive means of defense to be used to combat piracy, and
Whereas the cost to consumers and taxpayers can be moderated through the use of commercial insurance against piracy to spread this financial risk across a broad number of insureds, allowing shippers to pass along a reduced cost to their consumers by obviating the need for defensive measures, and
Whereas those practicing piracy can insure that the financial threat they represent to shippers is just enough less than the cost of defending against them as to make paying the appropriate fees for the return of a few captured vessels econcomically viable (using insurance) when compared to the greater cost of defending all of them, then
Be it resolved that no military or defensive actions should be taken against pirates on the high seas or at upon their bases on land and that all such efforts should be deemed counterproductive to the greater interests of human safety for all persons directly involved, to all innocents involved through no fault of their own, and also as being ultimately counterproductive to the smooth flow of trade.
Please declare for or against the resolution and state your reasons. Thank you.
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