Glenn Greenwald, Bush Lynch Mob Against the Nation's Free Press, points out:
(1) There is not a single sentence in the Times banking report that could even arguably "help the terrorists."
George Bush and his allies in the right-wing media (such as at National Review) have been running around for the last several years boasting about the administration's programs for tracking terrorists and innovating our surveillance methods. In doing so, they have repeatedly -- and in detail -- told the public, and therefore The Terrorists, all sorts of details about the counter-terrorism programs we have implemented
He quotes Bush's speech in Hershey, PA on April 19, 2004"
Before September the 11th, law enforcement could more easily obtain business and financial records of white-collar criminals than of suspected terrorists. See, part of the way to make sure that we catch terrorists is we chase money trails. And yet it was easier to chase a money trail with a white-collar criminal than it was a terrorist. The Patriot Act ended this double standard and it made it easier for investigators to catch suspected terrorists by following paper trails here in America.
And he goes on with:
The UN Al Qaeda and Taliban Monitoring Group , on which I served as the terrorism financing expert, learned of the practice during the course of our monitoring inquiries.
The information was incorporated in our report to the UN Security Council in December 2002. That report is still available on the UN Website. Paragraph 31 of the report states:
The settlement of international transactions is usually handled through correspondent banking relationships or large-value message and payment systems, such as the SWIFT...
And here is last year telling America how we can monitor cell phone calls as anyone changes cell phones to avoid detection:
Here is George Bush, on June 9, 2005, in Columbus, Ohio, disclosing to the terrorists that they can no longer change cell phones as a means to evade our surveillance:
One tool that has been especially important to law enforcement is called a roving wiretap. Roving wiretaps allow investigators to follow suspects who frequently change their means of communications
Again, this whole moral outrage at the NY Times is nothing but another salvo fired at the independent press. They've targeted the NY Times for it being a pre-eminent leader in independent reporting. If they knock the leader down...what happens to all the followers? They get in line with the program.
And it's only going to get worse as we approach mid-term elections and then in 2008 it's going to get very ugly.
Links from Empire Burlesque and Smirking Chimp. Smirking Chimp sums it up nicely with this:
Make no mistake: the Bush Regime intends to silence all dissenting voices and suppress all politically harmful information in the American establishment. They are perfectly happy to allow isolated enclaves of dissent to float around out there somewhere -- as long they remain isolated and, above all, ineffectual.
What they cannot tolerate -- and increasingly will not tolerate -- is any institution, organization or person in a position of genuine influence on the American power structure