The good Captain is safe:
The American captain of a cargo ship held hostage by pirates jumped overboard from the lifeboat where he was being held, and U.S. Navy SEALs shot and killed three of his four captors, according to a senior U.S. official with knowledge of the situation.
Capt. Richard Phillips was helped out of the water off the Somali coast and is uninjured and in good condition, the official said. He was taken aboard the USS Bainbridge, a nearby naval warship.
At the time of the shootings, the fourth pirate was aboard the USS Bainbridge negotiating with officials, the source said. That pirate was taken into custody.
Apparently, there are dozens of hijacked ships in that area right now.
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BTW- I found the whole notion (as advanced by a few simpletons) that this was somehow a test of Obama to be laughably absurd. Our military budget is a half a trillion dollars a year. If we can not handle a couple pirates without the hands on involvement of the President, we need to just disband the Navy. Is it going to be a test of Obama every time some criminal somewhere takes a hostage?