Is al-Qaida Really Losing?

Al-Qaida's capabilities to carry out large-scale attacks have been severely diminished, and not just because of Bin Laden's killing. The organization's moral standing in the Muslim world has also suffered, as most terrorism victims have been Muslims. Yet counterterrorism expert Daveed Gartenstein-Ross argues in a new book that al-Qaida is winning the money battle by making the U.S. and other Western nations spend billions on scattershot and ineffective security strategies. In a review, Foreign Policy Magazine said “the conclusions of 'Bin Laden's Legacy' are impossible to ignore or dismiss.”