Thursday, June 29, 2006

Is it ok?

Just wondering with all the bashing of the N.Y. Times for the story with Bush tapping our financial records how the media would react to George W. touting the program:

courtesy of mediamaters.

* In a September 24, 2001, speech, Bush announced the establishment of a "foreign terrorist asset tracking center at the Department of the Treasury to identify and investigate the financial infrastructure of the international terrorist networks." He added, "It will bring together representatives of the intelligence, law enforcement and financial regulatory agencies to accomplish two goals: to follow the money as a trail to the terrorists, to follow their money so we can find out where they are; and to freeze the money to disrupt their actions."
* In a September 24, 2001, letter to Congress, Bush noted, "Terrorists and terrorist networks operate across international borders and derive their financing from sources in many nations. Often, terrorist property and financial assets lie outside the jurisdiction of the United States." He affirmed his commitment to working with international agencies such as the Financial Action Task Force (FATF) "to build momentum and practical cooperation in the fight to stop the flow of resources to support terrorism."
* A White House fact sheet published on September 24, 2001, noted the launch of the Treasury Department's Foreign Terrorist Asset Tracking Center (FTAT): "The FTAT is a multi-agency task force that will identify the network of terrorist funding and freeze assets before new acts of terrorism take place."
* In a September 26, 2001, statement, Bush said, "We're fighting them on a financial front. We're choking off their money. We're seizing their assets. We will be relentless as we pursue their sources of financing. And I want to thank the Secretary of Treasury for leading that effort."
* On October 10, 2001, Bush stated that the "nations of NATO are sharing intelligence, coordinating law enforcement and cracking down on the financing of terrorist organizations."
* During remarks at FTAT, then-Treasury Seceretary Paul O'Neill said, "[W]e have begun to act - to block assets, to seize books, records and evidence, and to follow audit trails to track terrorist cells poised to do violence to our common interests. " O'Neill added, "We have built an international coalition to deny terrorists access to the world financial system."
* A December 2001 report on the steps the administration had taken to combat terrorism noted that the FATF "-- a 29-nation group promoting policies to combat money laundering -- adopted strict new standards to deny terrorist access to the world financial system."
* A September 10, 2004, Treasury Department statement read: "The targeting of terrorist financing continues to play an important role in the war on terror. Freezing assets, terminating cash flows, and following money trails to previously unknown terrorist cells are some of the many weapons used against terrorist networks."

So it's a case of selective memory from the right-wing media as always.

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