BREAKING NEWS: Obama Update on the Pirate crisis

Here's an excerpt from President Obama's speech this morning:

Obviously, this incident has raised many concerns among Americans. There have been calls for justice and even violence against the misguided perpetrators. But such an emotional reaction has led to the disparagement of entire groups with which we are unfamiliar. We have seen this throughout history.

For too long, America has been too dismissive of the proud culture and invaluable contributions of the Pirate Community. Whether it is their pioneering work with prosthetics, husbandry of tropical birds or fanciful fashion sense, America owes a deep debt to Pirates.

The past eight years have shown a failure to appreciate the historic role of these noble seafarers. Instead of celebrating their entrepreneurial spirit and seeking to partner with them to meet common challenges, there have been times where America has shown arrogance and been dismissive, even derisive.

Go here to read the entire speech....