The Logic Lifeline

A logical approach to sorting out world events. Where logic, opinion and speculation are combined to produce a reasoned, but entertaining reading experience. The unofficial hometown conservative blog of Woodridge, Il

Tuesday, June 27, 2006

NYT told them to do it in the first place then blew their cover later

The Sweetness and Light Blog has uncovered a simply unbelievable editorial from the NYT. When I saw it I was nearly catatonic for several minutes trying to comprehend what my eyes were seeing. Thirteen days after September 11th there was an editorial in the New York Times demanding that the Bush Administration fight the terrorists by attacking their funds. Go to S&L for the whole NYT editorial, but here are a few clips that show what has amazed me so much:
Organizing the hijacking of the planes that crashed into the World Trade Center and the Pentagon took significant sums of money. The cost of these plots suggests that putting Osama bin Laden and other international terrorists out of business will require more than diplomatic coalitions and military action. Washington and its allies must also disable the financial networks used by terrorists.

The Bush administration is preparing new laws to help track terrorists through their money-laundering activity and is readying an executive order freezing the assets of known terrorists. Much more is needed, including stricter regulations, the recruitment of specialized investigators and greater cooperation with foreign banking authorities. There must also must be closer coordination among America’s law enforcement, national security and financial regulatory agencies.

...
Some of these businesses move funds through major commercial banks that lack the procedures to monitor such transactions properly...Though some smaller financial transactions are likely to slip through undetected even after new rules are in place, much of the financing needed for major attacks could dry up.
...
New regulations requiring money service businesses like the hawala banks to register and imposing criminal penalties on those that do not are scheduled to come into force late next year. The effective date should be moved up to this fall, and rules should be strictly enforced the moment they take effect. If America is going to wage a new kind of war against terrorism, it must act on all fronts, including the financial one.
Like me, you are very likely numb from what you just read after thinking about the NYT's betrayal of the country and the administration after they did exactly what the NYT said to do. This shows that liberals have too short of a memory to be entrusted with national security. The NYT has forgotten the sentiment they felt right after 9/11 and have even forgotten what they said at that time. In addition to looking seditious, they now look stupid. I don't subscribe to the New York Times, but if I did this would certainly be the last straw for me. We can likely expect the already ailing circulation numbers to take a big hit; and they should.

1 Comments:

  • At 10:21 AM, Anonymous Anonymous said…

    Really amazing! Useful information. All the best.
    »

     

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