Wednesday, June 28, 2006

They should be ASHAMED!


This is making the rounds of the blogoshpere.


From an editorial titled, "FINANCES OF TERROR" September 24, 2001.

...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....The Treasury Department also needs new domestic legal weapons to crack down on money laundering by terrorists. The new laws should mandate the identification of all account owners, prohibit transactions with "shell banks" that have no physical premises and require closer monitoring of accounts coming from countries with lax banking laws. If America is going to wage a new kind of war against terrorism, it must act on all fronts, including the financial one.

I checked the dictionary for the meaning of the word RAG. One of the definitions was NEWSPAPER. Although it did not specify the NEW YORK TIMES......not yet anyway!!


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