The real Story on the Rethug furor over Banking spy program

Not that the Bushites are tracking terrorist money and financing, but the total, intentional, ineptitude of a program that does not publicize the role of the Saudis, the UAE and other Gulf States which we know have been big terrorist funders.

There is no telling what else is being hidden, and not for national security reasons. Who else is funding terrorism?

That is the question the White House press corps should be asking. Who are the individuals, the families or organizations, the states who have assisted terrorists around the world?

Why not name them all?

Niagara Falls Reporter Opinion:

"The real story is not that our government is looking at networks financing terrorist operations -- a legitimate and necessary activity -- but how poorly that job is done and how the greatest source of terrorist funding escapes serious scrutiny.

Lenny Wallace, a Florida-based financial consultant, has spent nearly five years trying to get to the bottom of a $5 billion series of loans involving Citigroup and a Saudi prince. The deal saw money bouncing from Singapore to Scotland to Miami. Wallace was retained to facilitate the loans and assist the bank in investing the proceeds. What he thought was a legitimate business venture turned into a mysterious shuffle of funds for nebulous purposes.

Jack Blum is a Washington lawyer and skilled investigator who has spent years following the trail of dirty money.

William Greider reports in 'The Nation' on Blum's assessment of phony furor over The New York Times blowing the lid off the government tracking international banking data. "

(Read On ^)