Thursday, February 25, 2010

Is The US National Debt A Threat To National Security

Secretary of State Hillary Clinton testifies before the Senate Foreign Relations Committee on Capitol Hill in Washington February 24, 2010. REUTERS/Yuri Gripas

Hillary Blasts Greenspan On Debt, Says It Is A Threat To National Security -- ABC News

ABC News' Kirit Radia reports: Secretary of State Hillary Clinton took a swipe at Alan Greenspan today, saying the former Federal Reserve chair’s “outrageous” advice led to a ballooning national debt that Clinton said is now a threat to national security.

"I served on the budget committee in the Senate, and I remember as vividly as if it were yesterday when we had a hearing in which Alan Greenspan came and justified increasing spending and cutting taxes, saying that we didn't really need to pay down the debt -- outrageous in my view," she said.

Read more ....

More News On Secretary Of State Clinton, The Debt, And National Security

Clinton says U.S. deficit now a security issue -- Reuters
US debt is a national security matter: Clinton -- Yahoo News/AFP
Debt a national security issue -- Straits Times

My Comment: Of course the national debt is a threat to national security .... it always has been.

I am happy that Sec. of State Clinton has found religion on the need to be fiscally prudent when it comes to our nation's finances, but the Democrats have had an ironed grip on Congress for the pass three years and the Presidency for the past year .... and they have done next to nothing to alleviate this crisis situation.

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