(H/T Gateway Pundit)

According to CBS News, Faisal Shahzad was on a terrorist watch list from 1999 until recently. He was under surveillance because he entered the country with approximately $80,000 cash or cash instruments. Shortly after taking office, the Obama administration began shutting down some terrorist investigations began under Presidents Clinton and Bush.

Sources tell CBS News that would-be Times Square bomber Faisal Shahzad appeared on a Department of Homeland Security travel lookout list – Traveler Enforcement Compliance System (TECS) – between 1999 and 2008 because he brought approximately $80,000 cash or cash instruments into the United States.

A New York Times article points to an incident in May of 2004 when Shahzad sold his condominium in Norwalk, Conn., sparking an investigation from the Joint Terrorism Task Force (JTTF).

George LaMonica, a 35-year-old computer consultant, said he bought his two-bedroom condominium in Norwalk, Conn., from Mr. Shahzad for $261,000 in May 2004. A few weeks after he moved in, Mr. LaMonica said, investigators from the national Joint Terrorism Task Force [JTTF] interviewed him, asking for details of the transaction and for information about Mr. Shahzad. It struck Mr. LaMonica as unusual, but he said detectives told him they were simply “checking everything out.”

I am not naive enough to believe that terrorism can be stopped completely, but the acts of the Obama administration are making us much less safe. If this administration continues to not take the threat of terrorism seriously, it will only be a matter of time before there is a successful attack on American soil.

In a related note, ABC News is reporting that Faisal SHahzad had contact with American born Taliban cleric Anwar Alwaki.

But according to these sources, Shahzad also had a web of jihadist contacts that included big names tied to terror attacks in the U.S. and abroad, including the figure who has emerged as a central figure in many recent domestic terror attempts – radical American-born Muslim cleric Anwar Awlaki.