Sunday, July 02, 2006

George Bush Says Anyone Who Reveals SWIFT Helps Terrorists

Unsurprisingly, to those of us who have watched George Bush reveal classified information and then lambasted folks for "revealing it" after him at least once before . . . Bush's administration beat everyone else to the punch in revealing that monitoring.

Bush has called it "disgraceful" that the NYT reported on the international financial monitoring program, SWIFT (Society for Worldwide Interbank Financial Communication). Sen. Buning (Rep - KY) accused the times of treason. Sen. Roberts (Rep. KS) asked for an investigation. Rep. Peter King, chair of House Homeland Security Committee, asked Attorney General Gonzalez to pursue possible "criminal prosecution" of the NYT. All of this huffing and puffing is over the disclosure of a program that . . . wait a minute, a program that the Bush Administration already disclosed.

Follow us into the rabbit hole of the world of Bush.

Bush signed an executive order in September 2001 that describes how US would be seeking new tools to track terrorist financing that would include getting access to info on terrorist-linked wire transfer's and SWIFT-based transactions. It has popped up on documents posted BY the US government on the Internet, and in Congressional testimony (apparently on a day the outraged Republicans were probably taking one of their lobbyist-funded fact finding trips to Bermuda or Paris).

government documents posted on the Internet, congressional testimony, guidelines for bank examiners, and even an executive order President Bush signed in September 2001 -- describe how US authorities have openly sought new tools to track terrorist financing since 2001. That includes getting access to information about terrorist-linked wire transfers and other transactions, including those that travel through SWIFT.

Ok, well maybe you only get your news from UN Security Council reports. Where SWIFT and similar financial clearinghouses were noted as being "critical to processing international banking transactions and are rich with payment information. The United States has begun to apply new monitoring techniques to spot and verify suspicious transactions. The group recommends the adoption of similar mechanisms by other countries."

0 Comments:

Post a Comment

<< Home







Free Web Counter
hit Counter