Along with family, friends, presents, and far too much food, Christmas Day brought news of a thwarted terrorist attack on board a flight from Amsterdam to Detroit. CNN is reporting that a 23-year-old Nigerian man named Umar Farouk Abdulmutallab activated an explosive device that caused a fire as the airplane began its descent.
On TV, talking heads are speculating about heavy-handed new security rules. Ignore them. We already know how the Transportation Security Agency and airlines are responding, thanks to analyst Charlene Li. Read the rest of this entry »