Wednesday, July 13, 2005

Privatizing The War On Terrorism

Privatizing The War On Terrorism

My buddy Matt's humorous commentary on Colin Powell becoming a quasi-VC prompted this thought:

What if, instead of our current spending on the war on terror (and in Iraq), we took the X-Prize approach and offered huge sums of money for accomplishing various goals?

That way, we could tap into the entrepreneurial spirit, rather than leaving things up to the oh-so-creative government bureaucracy.

While it may be hard to find Bin Laden, if we offered $1 billion for delivering him up, I'm sure that a lot of folks would try some pretty creative techniques. Either that, or his relatives would sell him out as did Saddam's.

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