TALIBAN /AL-QAIDA| FINANCING BEHIND TERRORIST MAY PLAY MAJOR ROLE IN WAR EFFORTS

October 12, 2009 The Unbiased Writer

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A senior Treasury Department official said early today that the Taliban is in much stronger financial  shape than al-Qaida due to it’s involvement in a wide range of criminal activities. David Cohen who works as the U.S. assistant secretary for terrorist financing said that Taliban extorts money from poppy farmers and heroin traffickers involved in Afghanistan’s booming drug trade. In addition, the Taliban also demands protection payments from legitimate Afghan businesses, he said during a speech at a conference on money laundering enforcement.


Cohen’s assessment came as President Barack Obama and his advisers discuss whether more troops may be needed in the 8-year-old Afghanistan conflict. A critical part of the deliberations is whether the fight should be a narrower one against al-Qaida or a broader battle against the Taliban-led insurgency. Recent reports indicate that, al-Qaida is a cash-strapped organization that is losing its clout. In the first half of 2009, al-Qaida’s leaders made four public appeals for money to bolster recruitment and training.

“We assess that al-Qaida is in its weakest financial condition in several years, and that, as a result, its influence is waning,” Cohen said. The Taliban on the other hand, appear to be heading in the other direction despite an international effort to shut down the movement’s cash supply. Drugs are a major money maker for the group. The diversity of the Taliban’s streams of cash makes it difficult to shut-down their ability to operate. It will be interesting to see what comes from this. What do you think?

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6 thoughts on “TALIBAN /AL-QAIDA| FINANCING BEHIND TERRORIST MAY PLAY MAJOR ROLE IN WAR EFFORTS

  1. james

    interesting article!!! I think the US needs to bomb the poppy fields! cut the drugs and ull stop the money supply!

  2. S.

    Since the beginning,drug money has always been a major way of financing for many of the world’s governments, as well as terrorists. I am not saying this is OK in anyway, but I do not understand why this comes as a shocker, did people actually think they[the Taliban/Al-Qaida] had 9-5’s and were saving up to make a move? This article upsets me for a few reasons, but mainly because it seems our government keeps trying to find ways to get us excited about fighting in the war. Their attempts with this persuasive media are definitely failing over here, but maybe not for everyone. It is evident we are not wanted their and we are not in the correct financial state to play save the world. If anything we need to be building a stronger “Home Base” and go from there, am I wrong?

  3. Mythoughts

    Pull out of Afganistan now. Look what happened when Russia was over there. These crazy people will continue to fight, and kill each other no matter who is there trying to help them. They have done this throughout their history !!!

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