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Retired Officer: Piracy Threat 'Overstated'

Four Somali pirates are holding hostage an American ship captain, Richard Phillips, on a life boat. A U.S. Navy destroyer is on the scene, and those onboard are trying to secure the release of Capt. Phillips.

Recently, retired Navy Cmdr. John Patch wrote an article for Proceedings about the overall threat of piracy. He believes it is both over-hyped and confused with terrorism.

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