[Los Angeles Times] Matthew Levitt and Michael Jacobson - The Obama administration would be wise to retain targeting of terrorists' financing as a key part the U.S. government's counter-terrorism tool kit. Although mounting a terrorist attack is relatively inexpensive, the cost of maintaining a terrorist infrastructure is high. Terrorist networks need cash to train, equip and pay operatives and their families and to promote their causes. Recruiting, training, traveling, bribing corrupt officials and other such activities also cost money. Limiting their ability to raise funds therefore limits their ability to function. Efforts to disrupt terrorist groups' finances can have a real effect. In 2005, Bin Ladin's deputy, Ayman Zawahiri, wrote to Abu Musab Zarqawi, asking the leader of Al Qaeda in Iraq if he could spare "approximately one hundred thousand" because "many of the lines have been cut off." Matthew Levitt is the director of the Stein Program on Counter-terrorism and Intelligence at the Washington Institute for Near East Policy. Michael Jacobson is a senior fellow in the Stein Program.
2008-12-25 06:00:00Full ArticleBACK Visit the Daily Alert Archive