Tuesday, December 28, 2004
The political aftermath is unfolding just as Wretchard predicted:
Now that a tsunami has struck the Indian Ocean there were will probably be a clamor to invest in monitoring and warning systems costing billions. Ironically, these magnificent systems will probably go unused for years, perhaps centuries, before politicians in the future elected by voters whose memory of these tragedies has faded say 'what are these White Elephants for?' and abolish them in favor a more immediately beneficial project. The characteristic of rare events is that they are rare.