The Rosett Report

Misallocation of Resources

Life is full of them … but here’s a teaser for global strategists. In The Wall Street Journal, foreign policy expert Danielle Pletka worries that U.S. plans for sanctions to isolate Iranian air and shipping transport are going no where.

But it’s not as if Iranian shipping goes on entirely unhindered. This past weekend brought news reports out of Iran that Somali pirates off the coast of Yemen had hijacked an Iranian cargo ship carrying $4 million worth of oranges. 

Assuming that cargo really did consist of oranges, seems like there’s a deal to be done here. Not that there’s a future for the idea of providing Somali pirates with the gainful employment of keeping their hands off Iranian orange shipments, and instead patrolling Iranian weapons traffic. But would it be any crazier than what’s going on now?