Moral Hazard

Scoblic, J. Peter
August 2005
New Republic;8/8/2005, Vol. 233 Issue 6, p17
Focuses on the potential for a nuclear terrorist attack and how U.S. foreign policy could effect that potential. Observation that despite U.S. President George W. Bush's rhetoric, freedom and the spread of democracy alone cannot stop terrorism, for terrorists can be bread in democracies as demonstrated by the British instigators of the July 7 bombings in London; Growing strength of the jihadist movement in Indonesia, even though it has seen its third transfer of democratic power; Various predictions on the likelihood of a nuclear terrorist attack on U.S. soil in the next 10 years; Description of how a nuclear attack on U.S. soil could cripple U.S. infrastructure and economy.


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