Friday, August 16, 2002
Would you like that in tens and twenties?
Sometimes, sadly, you just have to accept that the world is a cruel place. Familes of 9/11 victims are filing a $116 trillion lawsuit against foreign banks and companies that paid for al Qaeda activites. Their goal is to bankrupt terrorism. Putting it in perspective, the money they are asking for is about 20 times the amount of the U.S. National Debt.
That sounds nice on paper, but at some point you have to ask yourself "how likely is this to happen?" Let's assume for just a minute that yes, they win a verdict. Is the National Bank of Terrorism simply going to say "Oops. My bad. Here's a check." And how long would it take to actually receive $116 trillion from terrorist-friendly banks? It takes me about 6 months to get a $29 refund from the DMV.
These families have suffered far more than the rest of America. But putting their energies into a lawsuit which can do nothing but drag out for decades is not the way for them to get peace.
Besides, after taxes it will only be about $50 trillion, and that isn't what it used to be.
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Sometimes, sadly, you just have to accept that the world is a cruel place. Familes of 9/11 victims are filing a $116 trillion lawsuit against foreign banks and companies that paid for al Qaeda activites. Their goal is to bankrupt terrorism. Putting it in perspective, the money they are asking for is about 20 times the amount of the U.S. National Debt.
That sounds nice on paper, but at some point you have to ask yourself "how likely is this to happen?" Let's assume for just a minute that yes, they win a verdict. Is the National Bank of Terrorism simply going to say "Oops. My bad. Here's a check." And how long would it take to actually receive $116 trillion from terrorist-friendly banks? It takes me about 6 months to get a $29 refund from the DMV.
These families have suffered far more than the rest of America. But putting their energies into a lawsuit which can do nothing but drag out for decades is not the way for them to get peace.
Besides, after taxes it will only be about $50 trillion, and that isn't what it used to be.
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