Assignment 1

Media Issue: Financial Impact of Terrorism Proposed Funding advertize for DOJ, FBI, to chip Terrorism, Financial Fraud The CNN Political Ticker website promulgated an article on the 26th of February 2009 regarding a proposed funding pressurise for DOJ (Department of Justice), FBI (Federal dominance of Investigation) to combat terrorism, fiscal fraud. This article discusses a current media gist that has generated much discussion, the financial invasion of terrorism; a base that has gained further interest due to the upstart global financial crisis. The financial be associated with terrorism be significant and admit the prepare short term distress caused by an approach shot, verificatory cost to industry as a result of an ack-ack gun and the be of fighting terrorism. The impart short term costs of a terrorist flack mainly consist of damage to somatogenic assets, the rescue move and clean-up process. Looney (2002) estimates the September 11 attack by the terro rist separate al-Qaeda on the United States of the States ( ground forces) to have cost $16.2 cardinal USD in damage to corporeal assets and a further $11 billion USD in rescue, cleanup position and related costs resulting in a $27.2 billion USD direct cost.

This amount is to a greater extent than double the CIAs (2009) estimate of the 2008 double-dyed(a) domestic product of Afghanistan whom the USA declared war against to seclude the in charge Taliban government activity harboring al-Qaeda in answer to the attacks. The costs encountered by the terrorist groups liable are often lose but are an respectable aspect of the financial impact of terrorism! , the 9-11 Commission (2004) estimates direct costs of the plot to be $400,000 - $500,000 USD. Whilst a terrorist attack the scale of 9/11 has not been seen since; it is important to note the National Counterterrorism tenderness (2008) in their annual report to congress estimated there were 14,499 terrorist attacks globally in 2007 alone. Although there is flyspeck reliable information regarding the direct costs of these terrorist attacks...If you want to piss a full essay, companionship it on our website: OrderCustomPaper.com

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