Penny Wise Pound Foolish

Terrorists with little cash strap themselves with explosives to become walking bombs – gruesome but of limited effectiveness. Terrorists with lots of money set up training camps, buy flying lessons, and crash airplanes into buildings. It seems like any rational approach to security would be to concentrate on stemming the funding of terrorism…

The Bush administration has scuttled a plan to increase by 50 percent the number of criminal financial investigators working to disrupt the finances of Al Qaeda, Hamas and other terrorist organizations to save $12 million … The Internal Revenue Service had asked for 80 more criminal investigators beginning in October to join the 160 it has already assigned to penetrate the shadowy networks that terrorist groups use to finance plots like the Sept. 11 attacks and the recent train bombings in Madrid. But the Bush administration did not include them in the president’s proposed budget for the 2005 fiscal year.

Leave a Reply