Posts Tagged ‘Jim Jones’


U.S. & European cooperation: vital for security or just Big Brother?

February 10, 2010

A committee of the European Union’s parliament has recommended the suspension of a program that allows the United States to obtain information on transactions and accounts from the Brussels-based banking transfer service known as SWIFT.

The program has been important to U.S. law enforcement investigations since 9/11.  Gen Jim Jones, U.S. National Security Advisor, has urged Europe to reconsider the bank deal.  It is vital in combatting financial crimes, Jones argued, including stopping Al Qaeda from expanding its foothold into the African Sahel.

In other news, the FinCEN, an agency of the U.S. Treasury, has floated a new rule for consideration that would enable U.S. states and local law enforcement to make requests for financial information under Sec. 314(a) of the Patriot Act.  Until now, only federal law enforcement has been able to request such information from foreign governments.

Does sharing information like this help with terrorist finance investigations, or does it represent the move toward a global big brother that will violate the financial privacy of American and EU citizens?