A SOLUTION TO TERRORISM
RICHARD VAGUE
May 24, 2007
Wilmington Rotary Club
...Throughout time and across the globe, people are not predisposed to follow the lead of terrorists. They instead want what people everywhere have always wanted—-meaning and purpose in their lives, sustenance and economic opportunity, family, friends and happiness. They want to matter and to have respect. For a population to respond to the overtures of terrorists, circumstances have to be extreme—which is the terrible case under occupation or oppression.
The common ground between oppression and occupation is that the people are deprived of any participation in government, and the key, basic obligations of a government to the governed are not met: especially the enforcement of property rights, safety, and access to opportunity. When this happens, the results are poverty and despair—the very things which make a population vulnerable to the overtures of terrorists and the alternative they present...
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N.B. Vague is the founding Chairman and former CEO of First USA Bank which he sold before becoming the head of Barclays' American credit card operations at Juniper Financial. He has now moved on from that and is planning a new foray in the energy sector.
RICHARD VAGUE
May 24, 2007
Wilmington Rotary Club
...Throughout time and across the globe, people are not predisposed to follow the lead of terrorists. They instead want what people everywhere have always wanted—-meaning and purpose in their lives, sustenance and economic opportunity, family, friends and happiness. They want to matter and to have respect. For a population to respond to the overtures of terrorists, circumstances have to be extreme—which is the terrible case under occupation or oppression.
The common ground between oppression and occupation is that the people are deprived of any participation in government, and the key, basic obligations of a government to the governed are not met: especially the enforcement of property rights, safety, and access to opportunity. When this happens, the results are poverty and despair—the very things which make a population vulnerable to the overtures of terrorists and the alternative they present...
Read more
N.B. Vague is the founding Chairman and former CEO of First USA Bank which he sold before becoming the head of Barclays' American credit card operations at Juniper Financial. He has now moved on from that and is planning a new foray in the energy sector.
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