Chairman of Joint Chiefs:National Debt is now a Security Threat
Green Energy

Chairman of Joint Chiefs:National Debt is now a Security Threat


WASHINGTON - JULY 08:  Chairman of the Joint C...

Image by Getty Images via @daylife

The national debt is the single biggest threat to national security, according to Adm. Mike Mullen, chairman of the Joint Chiefs of Staff.

Tax payers will be paying around $600 billion in interest on the national debt by 2012, the chairman told students and local leaders in Detroit.

"That's one year's worth of defense budget," he said, adding that the Pentagon needs to cut back on spending.

"We're going to have to do that if it's going to survive at all," Mullen said, "and do it in a way that is predictable."

He also called on the defense industry to hire veterans and become more robust in the future.

"I need the defense industry, in particular, to be robust," he said. "My procurement budget is over $100 billion, [and] I need to be able to leverage that as much as possible with those [companies] who reach out [to veterans]."

Mullen highlighted the unity of purpose between the government and industry as well, in working to solve national security issues.

"I have found that universally, [private-sector workers] care every bit as much about our country, are every bit as patriotic and wanting to make a difference ... as those who wear the uniform and are in harm's way," he said.

Enhanced by Zemanta




- The Mother Jones (3 Sd To The Left Of The Nation) View Of This Mess
Kevin Drum:As several people have pointed out to me, my headline this morning ("The Republican Defeat in the Budget Deal Was Complete and Total") is satisfying but not entirely true. After all, Republicans did get a continuing resolution...

- "how Would You Feel If You Knew That Almost All Of The Money You Pay In Personal Income Tax Went To Pay Just One Bill, The Interest On The Debt?”
CNBC TodayChances are, you and millions of Americans would find that completely unacceptable and indeed they should.But that is where we may be heading.Thanks to the Fed, the interest rate paid on our national debt is at an historic low of 2.4 percent,...

- Kerry's Know Nothings Should Begin By Not Raising The Debt Ceiling
And they should emphasize this by insisting that the cuts then required be made up just the way private industry does, when the bitter pill must be swallowed, LAYOFFS. If that means a 10% across the board personnel cut, SO BE IT.If...

- The Stoooopifying Mass Media ... Time Magazine: "what If The Real Problem Isn't Too Much Debt But Too Much Anxiety About Debt?"
Image via WikipediaIn 12 years year the largest single item in the national budget won't be the defense dept. It won't be welfare It won't be medicare, or medicaid. It won't be social security. It sure as hell won't be...

- Us Still Worried About Isi Links With Taliban
Quote of the day. Check it out. From Jihad Watch: " ... there are limits on what we know in terms of a lot of the specifics, but I'm comfortable that from what I know of what we actually know and also what they told us, right now they're secure.""US...



Green Energy








.