Bill Hicks “Watching television is like taking black spray paint to your third eye.”

Lenny Bruce “The liberals can understand everything but people who dont understand them. ”

Army Times: Financial crisis threatens security

Posted by admin on Mar 18th, 2009 and filed under News Across the Net, Police State News, US News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Army Times: Financial crisis threatens security
Army Times: Financial crisis threatens security
Published on 03-16-2009
Source: The Army Times

The global economic crisis is putting a three-sided squeeze on the defense budget that could leave the nation at greater risk, U.S. intelligence analysts and outside experts warn Congress.

In testimony before the House and Senate Armed Services committees, witnesses warned that the world, in many cases, will become a more dangerous place at the same time that many nations will have less to spend on their national security programs.

This puts a greater burden on the U.S. military, which also is going to face pressure to cut expenses.The first factor in the squeeze is the near-term outlook for defense spending — which is decidedly downward.

“There will likely be fewer resources available for defense and foreign assistance,” said Robert Haas, president of the Council on Foreign Relations. “Reduced availability of resources for defense makes it even more critical that U.S. planners determine priorities.”

For example, Haas said preparing to fight a large-scale conventional war might not be the highest priority, giving the large lead that the U.S. has on the rest of the world in terms of conventional capabilities.

Instead, capabilities for destroying weapons and targets associated with terrorism might be a higher priority, said Haas, as he and other specialists testified March 11 before the House Armed Services Committee.

Second, allies will be able to contribute less for common defense. “Economic constraints have at times been an excuse for allies not to do more for the common defense of the West,” said Dov Zakheim, a former Pentagon comptroller, who also testified March 11.

Read entire article

2 Responses for “Army Times: Financial crisis threatens security”

  1. Agnieszka says:

    Hi!. Thanks for the info. I’ve been digging around for info, but i think i’m getting lost!. Google lead me here – good for you i guess! Keep up the great information. I will be coming back over here in a few days to see if there is any more info.

  2. Well, the post is really the sweetest on this precious topic. I agree with your conclusions and will eagerly look forward to your upcoming updates. Just saying thanks will not just be sufficient, for the fantasti c lucidity in your writing. I will instantly grab your rss feed to stay informed of any updates. De lightful work and much success in your business efforts!

Leave a Reply

Advertisement 33rd Parallel News Radio with Matt Kazee<