About a year ago I think we learned exactly where in the US Al Qaeda is most interested in disrupting. (although at the time it was likely used by the administration to dampen Kerry's post-convention "polling bouce" in their ongoing strategy of control utilzing the "politics of fear")
Anyhow, here's a memory refresher with the following exert from my book (
Petrodollar Warfare), pages 176-178. BTW, I highly recommend the book
Imperial Hubris, even if I disagree with some of the author's recommendations, his book provided me with a wealth of information...I hope others find this info interesting too:
Osama bin Laden’s Offensive: Economics Not Religion
Therefore, I am telling you, and God is my witness,
whether America escalates or de-escalates the conflict, we will reply to it in kind, God willing. God is my witness, the youth of Islam are preparing things that will fill your hearts with fear. They will
target key sectors of your economy until you stop your injustice and aggression or until the more short-lived of us die. [emphasis added]
- Statement by Usama bin Laden, October 6, 2002
Bin Laden dwelled on al-Qaida’s economic strategy against the United States in portions of an 18-minute video aired Friday on the Arab television station al-Jazeera …. [Bin Laden] credited the religiously inspired Arab volunteers who he fought with against the Soviets in Afghanistan with having “bled Russia for 10 years, until it went bankrupt and was forced to withdraw in defeat.” He suggested the same strategy would work against the United States. “So we are continuing this policy in bleeding America to the point of bankruptcy.”
- “Bin Laden Says He Wants to Bankrupt America,”
Chicago Sun-Times, November 2, 2004
On September 11, 2001, Al Qaeda terrorists attacked a major economic symbol of US financial power in New York — the World Trade Towers. On August 2, 2004, the Office of Homeland Security instigated heightened security alerts at five US specific locations. Bizarrely, the following day the media revealed that these “urgent” warnings were based upon evidence collected “two or three years” ago and that there was “no evidence of recent surveillance” by members of Al Qaeda.
Not surprisingly, various commentators suggested political motivations behind these dated “terror alerts” as they occurred just after the Democratic National Convention. Regardless of the political aspects, this alert provided valuable insight into several identified targets as part of bin Laden’s “offensive” against the US economy:
• International Monetary Fund in Washington
• World Bank headquarters in Washington
• New York Stock Exchange in New York
• Citigroup Center in New York
• Prudential Financial building in Newark, New Jersey
Based on this list, Osama bin Laden is evidently not interested in attacking US civilians in shopping malls, schools, apartment buildings, vacation areas like Disneyland, or historic monuments like the Statue of Liberty, but rather Al Qaeda had specifically
targeted the centers of US financial power. This strategy is not surprising considering that, as a young man, bin Laden studied economics. His stated grievances are based on specific US foreign policies — most of which relate to the projection of military power in the Persian Gulf and central Asian regions, including the financial/military subsidy of Israel, Egypt, Saudi Arabia, Qatar, and Kuwait.
Supporting assertions that bin Laden and his small band of followers are motivated by US foreign policies can be found in
Imperial Hubris: Why the West is Losing the War on Terror. It provided an exceptionally candid appraisal of bin Laden’s grievances and those of much of the Muslim world, which the author stated have been specifically and consistently repeated as relating to US foreign policies. This “anonymous” author was later identified as Michael Scheuer, a 17-year-veteran of the CIA, and former chief of the Usama bin Laden Unit, Counterterrorist Center, 1997–1999. Scheuer makes the important point that al Qaeda’s intentions follow Clausewitz’s principle of attacking one’s foe at their “center of gravity.” In late 2002 Abu-Ubayd al-Qurashi, an Al Qaeda operative, wrote an essay clearly stating that Al Qaeda’s goal is to “direct all available force against the [US’s] center of gravity during the great offensive.” Moreover, this essay indicated that Al Qaeda had identified America’s center of gravity as its
economy.
'A conviction has formed among the mujahedin that American public opinion is not the center of gravity in America. The Zionist lobbies, and with them the security agencies, have long been able to bridle all the media that control the formation of public opinion in America.
This time it is clearly apparent that the American economy is the American center of gravity ….
This is what Shaykh Usama Bin Laden has said quite explicitly. Supporting this penetrating strategic view is that the Disunited States of America are a mixture of nationalities, ethnic groups, and races united only by the “American Dream,” or to put it more correctly,
worship of the dollar, which they openly call “the Almighty Dollar.” [emphasis added]
- Abu-Ubayd al-Qurashi, “A Lesson in War,” Al-Ansar (Al Qaeda’s Internet website), December 19, 2002
Statements by Osama bin Laden in conjunction with the August 2004 “terror warning” of previously “cased” targets exposed his political goals as having a strong economic component. Targeting the massive World Trade Center Towers and the Pentagon coincide with his stated goals, both figuratively and literally. Therefore, it is logical to deduce that Al Qaeda may seek to create a panic on the US dollar by attacking certain financial centers. Perhaps that strategy presumes that a currency collapse and subsequently crippled economy could no longer finance a global military empire, nor could Washington continue to provide annual multi-billion dollar subsidies in money and advanced US weaponry to Israel, Saudi Arabia, Egypt, Qatar, and Kuwait. Why else would Osama bin Laden
specifically case or target the east coast’s five principle financial centers?
Based on this analysis, the risks of not achieving a compromise on the global monetary system could create very adverse effects on US national security. Could Al Qaeda eventually succeed in a terrorist attack upon US financial centers in an effort to create a dollar crash and global monetary crisis? Could events unfold and cause a domestic uprising against the Saudi monarchy that results in “regime change”? Either of these events could result in a massive divestiture of Saudi assets from the US, a currency collapse, potentially leading to a formal accord creating a monopoly petroeuro system within OPEC — as opposed to the preferred dual-currency oil transaction standard.
Considering that these risk factors will only become more salient in the post-Peak Oil environment, Washington policy-makers should begin negotiations with the EU and OPEC regarding the plausibility of a dollar-euro trading band with $1.00 to €1.00 parity valuations, along with a formal dual-currency oil transaction standard. In theory, such an arrangement would protect the dollar from a potentially catastrophic devaluation; provide the European community with a stabilized oil bill, and build the foundation for a strong economic partnership between the US and the EU.
Footnotes for this exert:
40. Anonymous,
Imperial Hubris: The West Is Losing the War on Terror, Brassey’s, 2004, p. 17.
41. Donna Bryson, “Bin Laden Says He Wants to Bankrupt America,” Chicago Sun-Times, November 2, 2004,
http://www.suntimes.com/output/terror/c ... den02.html.
42. Dan Eggen and John Mintz, “Seriousness of Threat Defended Despite Dated Intelligence,” Washington Post, August 4, 2004, A11,
http://www.washingtonpost.com/wp-dyn/ar ... 4Aug3.html.
43. Ibid.
44. Anonymous, op. cit.
45. Ibid.
46. Ibid.
47. Ibid., p. 101.