Najibullah Zazi, the man captured and being questioned for the terrorist raid in New York was found to have $50K in unsecured loans in the form of unsecured credit cards from the banks that were bailed out by the government. So far the only mentions of this come from the Jawa Report, Market Ticker, and the NY Daily news. This is a HUGE story – where is the media and the outrage of the American public? Oh that’s right, the media is still too busy talking about the continuing aftermath of Jackson’s death and now Teddy Kennedy’s. Journalism is dead!
The New York Daily News stated the following:
Between 2005 and 2008, he opened credit card accounts with Bank of America, Chase, Capital One, Discover and Citibank and ran up a debt of more than $50,000.
When he filed for bankruptcy, Zazi said he hadn’t worked in two months.
Denniger from Market Ticker puts it bluntly:
HOW IN THE HELL DO OUR BANKING REGULATORS ALLOW THIS SORT OF OUTRIGHT FRAUDULENT GRANTING OF CREDIT? $50,000 IN UNSECURED CREDIT LINES TO A FREAKING DELIVERY DRIVER WHO APPEARS TO BE A FOREIGN NATIONAL WITH NO ASSETS IN THE UNITED STATES AGAINST WHICH TO SECURE THE LOAN?
THE BANKS THAT WE BAILED OUT FAILED TO STOP THIS CRAP ALL THE WAY UP TO MARCH OF THIS YEAR AT LEAST (WHEN THIS GUY FILED BANKRUPTCY) AND PROBABLY STILL ARE DOING IT!
This is an OUTRAGE. Not only did this guy effectively stick the US Taxpayer with the $50,000 in debt it appears he may have been using the freaking money to plot some sort of terrorist attack as part of an Al-Qaida cell INSIDE THE UNITED STATES?
TO PUT THIS IN ONE SENTENCE: BANKS THAT WE BAILED OUT WITH TAXPAYER MONEY ARE FUNDING TERRORISTS INSIDE THE US?!
I’m sure more government regulation will really help thwart all of the corruption and criminal activity – especially when it comes to our own country funding terrorist plots on our own soil.