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Generators, for electricity, to run water pumps, for asphalt for roads. cam, it s willie geist. the question is how do they pull this off? how are they running an international oil company effectively out in the open as they are under attack from the united states, from the west, from the iraqi army, from rebel groups. how are they doing it so easily? i mean, again, you can t really stop them from earning income on territory that they control until you retake the territory. and i don t think anybody has the political will for that. you know, it seems like a financial war when we can talk about being tough in a financial war, a war that doesn t put any lives at risk, any american lives. the reality is you can win that war. it s not possible. i think we can reduce the revenue stream from oil alone down further than where it is although we dramatically miscalculated as mika said in the opening, the damage that we did to their oil infrastructure a year ago and dramatically ....
Does that mean sending in large numbers of american ground troops? you had graham wood on yesterday. he certainly described the significance of the caliphate holding territory. we have to deny them territory. what i ve been suggesting assemble a coalition like george w. bush did in the first gulf war where u.s. supplied about two-thirds of the troops. our coalition partners supplied about a third. let s face it president obama has stated that goal degrade and ultimately defeat isis. we need to defeat isis a lot sooner because every day that isis is not shown as a clear loser they are perceived as winning and don t inspire the types of attacks we ve seen here at ft. hood, chattanooga, paris. let s face it, this is a growing threat, it s a real athlete. so that is a large number of troops what you just described the coalition that went into ....
Simpson. he s the co-writer of this week s cover story that details how the united states managed to underestimate isis oil revenue by $400 million and why that money may just be a drop in the bucket for the terror group s finances. msnbc contributor mike barnacle joins the table as well. cam, what kind of money if that s a drop in the bucket are we talking about? we re talking about vast, vast amounts of revenue. unfortunately. when you control this much territory with that many people, 8 to 10 million people you can squeeze every part of life and economic life across that territory for taxes, for extortion, for seizing property. i mean these guys have divisions at every level called a spoils division and their only job is plunder. they take equipment, they take property. they figure out what the best need is it for an organization. they take a truck do we need a truck bomb. ....
What specifically do you all know that forced you to put this into effect through february? good morning. first of all, it does not affect travel through the u.s. the state department issues a report the study on terrorism, response to terrorism report shows annually, terrorist attacks have doubled and number of people killed in terrorist attacks have tripled from 11,000 to 33,000. the threat of terrorism is going in the world. now, guys, nobody wants to go to war but islamic terrorists declared war on the civilized war a couple of decades ago and the war continues. i know president obama wants to end all wars but it takes two parties to either agree tone the war or one party has to be defeated. looks like the only way we end this war we have to defeat islamic terrorism. you said last week part of the way to do that is to effectively invade the territory that isis holds. that includes iraq and syria. ....
They take a truck maybe sell it, smuggle it across the border, get cash for it. every facet of life you can imagine like the mafia. they are squeezing forex the organization and tax, probably to an amount at least equal to their oil revenues if not greater than their oil revenues. that s just a small piece of what they have. when they rolled through iraq last year the u.s. government estimate is that they got 90 bank branchs containies contain billion to a billion dollars in cash before they had to lift a finger to sell any oil or get any oil out of the ground. it s an extraordinary problem. politically it s easy to say we ll fight a financial war against the islamic state we ll choke off their money. you can do that when they control so much territory and all their income comes from territory that they control. cam, what were the accessories, the accomplishes in getting this oil out of syria, ....