ratcheting up the fear level when someone threatens to turn off the money tap!
http://www.nytimes.com/2011/08/04/us/pol...TE&ei=5043
It is the trillions being pissed away on military spending which is already imperiling the nation's security.
http://www.nytimes.com/2011/08/04/us/pol...TE&ei=5043
Quote:WASHINGTON — The Pentagon pushed back aggressively on Wednesday against what senior officials warned was the prospect of $1 trillion in military budget cuts and thousands of layoffs, furloughs and reductions in military programs over the next decade.
Less than 24 hours after President Obama signed a debt-ceiling bill calling for trillions of dollars in reduced government spending, Defense Secretary Leon E. Panetta and top Pentagon officials said that large cuts to the Pentagon budget — which has more than doubled since the attacks of Sept. 11, 2001 — would imperil the nation’s security.
In a letter to Defense Department personnel posted Wednesday morning on the Pentagon’s Web site, Mr. Panetta warned that if a Congressional panel could not reach agreement on cuts to the nation’s deficit, “it could trigger a round of dangerous across-the-board defense cuts that would do real damage to our security, our troops and their families, and our ability to protect the nation.”
It is the trillions being pissed away on military spending which is already imperiling the nation's security.
