Excerpt from National Review
By Andrew C. McCarthy
The Obama State Department is convinced that Syrian dictator Bashar Assad and his regime’s cronies are financing terrorism. How come? Well, because they conduct business in cash.
In fact, in its most recent annual report on state sponsors of terrorism, State frets “that 60 percent of all business transactions [in Syria] are conducted in cash and that nearly 80 percent of all Syrians do not use formal banking services.” This has created a “vast black market,” the components of which are exploited by “some members of the Syrian government and the business elite . . . in terrorism finance schemes.”