The Islamic State

The Islamic State, also called ISIS and ISIL, now controls a major part of Iraq and an entire province in Syria. It’s replaced the Taliban as a fomenter of terrorists-including a disturbing number with American or European passports. Now, President Obama has authorized spy planes to conduct surveillance over Syria—a possible precursor to a bombing campaign. We hear about the risks of military action—and a possible alternative: striking the real source of the Islamic State’s power: The modern financial system that keeps it armed and fed and guarantees its continuity.