You can’t leak something that’s already overflowing

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


If anyone tells you that certain leftist newspapers like the Wall Street Journal (though they will probably say the New York Times, which is about as “leftist” as the WSJ) committed treason by leaking intelligence about the U.S.’s secret searches within a vast global database of confidential financial transactions–tell them to go to a “burning hot” place.

Really. Because that is where The Heretik is camped out, exposing the outrageousness of this claim. He explains that the Bush administration has been doing nothing but blabbing for years about its intention to spy on and monitor financial transactions as a way of fighting the so-called war on terror.

“George Bush should look in the mirror,” The Heretik says, for “Nobody has done more to…tell terrorists we are on to them, on the financial trail which in some ways is going cold.”

He then provides a chronological collection of statements by Bush, beginning September 24, 2001, in which he explains to the world over and over how the U.S. is tracking international financial transactions and freezing the assets of terrorists.

Except, of course, that didn’t really happen. The Heretik points out that terrorists do not actually do business with Swift–what a surprise– only with a few selected Swift banks, and that terrorist assets are easily and quickly converted to things like diamonds, gold and investments in front companies. However, as a result of the fishing expedition, millions of confidential Swift records have been released without authorization, violating privacy laws, and resulting in complaints lodged in thirty-two countries.

“The simple truth is terrorists need little money to do great harm.” So says The Heretik. And he refers to Bryan Bender’s Boston Globe story, in which Bender quotes former terror financing expert Victor D. Comras:

Unless they were pretty dumb, they had to assume their transactions were being monitored. We have spent the last four years bragging how effective we have been in tracking terrorist financing.

AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with the Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

Editor-in-Chief Clara Jeffery said it well to our team recently, and that team 100 percent includes readers like you who make it all possible: “This is a year to prove that we can pull off this merger, grow our audiences and impact, attract more funding and keep growing. More broadly, it’s a year when the very future of both journalism and democracy is on the line. We have to go for every important story, every reader/listener/viewer, and leave it all on the field. I’m very proud of all the hard work that’s gotten us to this moment, and confident that we can meet it.”

Let’s do this. If you can right now, please support Mother Jones and investigative journalism with an urgently needed donation today.

payment methods

AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

Which is exactly why, despite the challenges we face, we just took a big gulp and joined forces with the Center for Investigative Reporting, a team of ace journalists who create the amazing podcast and public radio show Reveal.

If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

Editor-in-Chief Clara Jeffery said it well to our team recently, and that team 100 percent includes readers like you who make it all possible: “This is a year to prove that we can pull off this merger, grow our audiences and impact, attract more funding and keep growing. More broadly, it’s a year when the very future of both journalism and democracy is on the line. We have to go for every important story, every reader/listener/viewer, and leave it all on the field. I’m very proud of all the hard work that’s gotten us to this moment, and confident that we can meet it.”

Let’s do this. If you can right now, please support Mother Jones and investigative journalism with an urgently needed donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate