"In 2004 videotape, Bin Laden explained his strategy against U.S. — ‘bleed until bankruptcy.’"
Over on the Wonk Room, Matt Duss recalls this line from Osama bin Laden’s surprise late-October 2004 videotaped address:
And even more dangerous and bitter for America is that the Mujahedin recently forced Bush to resort to emergency funds to continue the fight in Afghanistan and Iraq which is evidence of the success of the bleed-until-bankruptcy plan with Allah’s permission… And it all shows that the real loser is… you. It’s the American people and their economy.
The CIA judged that Bin Laden’s videotaped message was an effort by al Qaeda to deliver four more years for President Bush, thus helping them recruit a new generation of terrorists.