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Official: Taliban better financed than al-Qaida
AP on Yahoo ^ | 10/12/09 | Richard Lardner - ap

Posted on 10/12/2009 2:45:42 PM PDT by NormsRevenge

WASHINGTON – The Taliban are in much stronger financial shape than al-Qaida and rely on a wide range of criminal activities to pay for attacks on U.S. and coalition forces in Afghanistan, a senior Treasury Department official said Monday.

David Cohen, the department's assistant secretary for terrorist financing, said the extremist group extorts money from poppy farmers and heroin traffickers involved in Afghanistan's booming drug trade. The Taliban also demand protection payments from legitimate Afghan businesses, he said during a speech at a conference on money laundering enforcement.

...

According to Cohen, al-Qaida is a cash-strapped organization that is losing its clout. That condition is the product, he said, of a long-running effort by the U.S. and its allies to cut off the terror group's sources of funding by targeting its deep-pocketed donors and interfering with its ability to move money.

In the first half of 2009, he said, al-Qaida's leaders made four public appeals for money to bolster recruitment and training.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Crime/Corruption; Foreign Affairs; War on Terror
KEYWORDS: afghanistan; alqaida; financed; taliban

1 posted on 10/12/2009 2:45:42 PM PDT by NormsRevenge
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To: NormsRevenge

Not too surprised, we managed to squeeze al-Qaeda pretty darn dry. Now these Tallieboys are the next big money terror base that needs to be addressed (not that Bummer will do anything intelligent about it).


2 posted on 10/12/2009 2:47:40 PM PDT by HiTech RedNeck (ACORN: Absolute Criminal Organization of Reprobate Nuisances)
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To: NormsRevenge

Well duh!! After all their share of the stimulus package was much greater and they leveraged some of their more risky loan derivatives on unsuspecting investors but hey . . . that’s what it’s all about nowadays with HOPE and CHANGE.


3 posted on 10/12/2009 2:49:14 PM PDT by BipolarBob (Yes I backed over the vampire but I swear I didn't see it in my rearview mirror.)
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To: NormsRevenge

Users should buy coke from Colombia rather than opium from Afghanistan?


4 posted on 10/12/2009 2:50:09 PM PDT by kenavi (No legislation longer than the Constitution.)
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To: NormsRevenge
According to Cohen, al-Qaida is a cash-strapped organization that is losing its clout. That condition is the product, he said, of a long-running effort by the U.S. and its allies to cut off the terror group's sources of funding by targeting its deep-pocketed donors and interfering with its ability to move money.

so...the same should work against the Taliban...
5 posted on 10/12/2009 2:51:26 PM PDT by stylin19a
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To: NormsRevenge
"Time for a little payback Biatch!"


6 posted on 10/12/2009 2:56:23 PM PDT by TexasCajun
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To: NormsRevenge

Pres_ _ent So-Vain Hussein Obama: "Go Taliban. Go Taliban. Go Taliban.
MY new presidential helicopter will let ME cook a meal while under nuclear attack."

7 posted on 10/12/2009 2:56:35 PM PDT by Diogenesis ("Those who go below the surface do so at their peril" - Oscar Wilde)
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To: NormsRevenge

Wait
odumbo wants the Taliban to be part of the gov’t in Afghanastan
I bet he also wants their donations


8 posted on 10/12/2009 3:04:34 PM PDT by RWGinger
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To: NormsRevenge

I guess selling dope is more lucrative than building buildings.


9 posted on 10/12/2009 3:10:02 PM PDT by MIchaelTArchangel (DEFUND THE FISH AND WILDLIFE SERVICE NOW!)
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