June 09, 2010

Sunk-cost fallacy watch

Canada's signature project in Afghanistan, not going well:

Foremost among the setbacks, insiders say, was a dramatic confrontation on Feb. 20, when rising tensions between Canadian security officials hired to oversee the project and members of Watan Risk Management, a group of Afghan mercenaries with close ties to the Karzai family, culminated in a “Mexican standoff” — the guns hired to protect the project actually turned on each other in a hair-trigger confrontation...

“Ever since, the project has been basically held hostage by the Karzai mafia, who are using ‘security concerns’ to stall the work. They are able to put fear in the heart of the Canadian contractors, telling them ‘There is evil outside the gates that will eat you.’ The longer they delay, the more money the Afghan security teams make. The Canadians have good intentions but that is the reality.”

Posted by BruceR at 09:23 AM