If counterterrorism had been an industry doling out large contributions to politicians on both sides of the aisle and hiring powerful Washington lobbyists to plead its case, our political leaders would have leapt into action -- pushing through legislation to ensure our airports were secure and our intelligence operations actually collecting intelligence.
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The free market tide has turned

Everywhere, those responsible for security are asking finance ministries how terrorists can move money around the globe to finance their activities without being detected. The answer they are getting is that it is ludicrously easy when there are no controls on the movement of capital and when tax havens operate with the frontier mentality of the wild west. As a result, we now have frantic attempts by governments to strengthen the rules against money laundering, which will involve far stricter regulation and enhanced powers for those fighting financial crimes to uncover the details of suspicious transactions.
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