Financing Terror

Written by: A. Allan Schmid

Primary Source: The Troublesome Economist

How do terrorist groups finance the purchase of arms?  With drug profits of course.  Will the US wise up and treat addicts rather than build fences and hire guards?  Our refusal to do so is ruining a lot of countries including Afghanistan and Mexico. It’s bloody nonsense.

The NY Times reports that along old African trade routes “Smugglers made deals with militants to protect their trafficking routes and their product.  Thirteen percent of the European cocaine trade flows through Africa. That’s about $4.2 billion a year.”  That would build a lot of shelter for the homeless.

And perhaps the greatest irony is that many US voters support radical politicians who advocate a large military budget and irrelevant social policies on abortion.

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A. Allan Schmid
Alfred Allan Schmid, University Distinguished Professor Emeritus. Taught at MSU for 47 years in the Dept. of Agricultural, Food, Resource Economics. In addition to scholarly books, he more recently published a historical novel entitled "The Quest for Land and Fortune."
A. Allan Schmid

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