Funding Evil

Dr. Rachel Ehrenfeld, the author of the book Funding Evil: How Terrorism is Financed and How to Stop It

FOX News
Page Hopkins
FOX & Friends Weekend
http://www.foxnews.com/foxfriends/


Ehrenfeld: Since the major currency for business in the world is still the U.S. dollar, it is also the currency of choice for criminals and terrorists alike. The dollars terrorists use, like dollars used in business, are cleared through the U.S. banking system. Most often it is not done directly, but rather by international banks anywhere in the world that have dollar accounts. Needless to say, to track the money back to the terrorists is mostly an impossible endeavor. However, the more information we are able to obtain about terrorists, their supporters, and the various businesses that they employ to launder the money, the easier it will be to stop the money flow.

Ehrenfeld: International terrorist organizations and transnational organized crime groups have developed an alternative new economy, estimated at $2 trillion per year. Such huge amounts of money are more than enough to recruit, train and launch terror operations at will.

The goal of Islamist organizations and totalitarian states hostile to the U.S., as stated by bin Laden after 9/11, is not only to kill "infidels" but also to destroy the US economy.

http://www.frontpagemag.com/articles/ReadArticle.asp?ID=11760

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