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09/05/2002 Entry: "Capitalism will not buy you safety"

Capitalism will not buy you safety.

"In the end, the business of business is not to make the country secure," said Ivo H. Daalder, a Brookings Institution scholar who has analyzed terrorist risks. "The business of business is to make the shareholders rich. That's the dilemma we face."

More of business' unwillingness to pony up

But the Salt Lake initiative faltered. Agency officials lost confidence that it (some crackpipedream of a surveillance system -jude) could be quickly implemented, according to people familiar with the process. One of the vendors complicated matters by expressing concern about its legal liability for making a mistake, according to an e-mail obtained by EPIC.

Liability for mistakes ? Of course ! The market has to be able to punish poor performers, no ?
I guess its better for business if it just waits for the post-attack government bailouts...