The Israeli bombing of Lebanon makes no sense. A child of four could tell you that the military objective that Israel has set out cannot be achieve with the tactics that they have choosen. So, maybe the objectives are not what we think they are.
Conspiracy theorists...at the ready...
Since 9-11 one of the greatest tools that the Bush Administration has is financial trails. There is very little reliable human intelligence and so much signal intelligence that we can't make much use of it.
The really high quality intelligence has all come out of the spying done to financial transactions. (I will leave it to others to discuss the constitutionality and morality of this).
It did not take most Arabs very long to figure it out, and they moved all their money out of US banks. They wanted their money safe from the unwelcome gaze of American investigators. They also wanted their money in a country that was not controlled by a Royal family or a dictator.
There are lots of choices, but the deposits to the Lebanese banks has been extraordinary during the part few years. Many of the new deposits are completely legit without a hint of terrorist money.
But there maybe some money that is linked to terrorist organizations. Who knows.
Here is my theory. The purpose of the Israeli bombing has less to do with Hezzbullah than degrading the Lebanese banking system. I bet that the bombing has been tough on the new accounts department and all the money that has gone into Lebanon is finding its way out.
Ok. There are many, many holes in this theory. Has anyone else heard about Lebanese banking and its possible link to the Israeli air strikes?