Wake Up to the National Security Threat
From Our Own Domestic Extremists
Monday, July 25th, 2011
“Just supposing our national government . . . had fallen into the hands of men loyal to an alien power, then would the people yank the usurpers out of office at once?”
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In 2007 we asked, “Is the U.S. an Occupied Nation?” With the country exhausted by war and the Gulf Coast still struggling to recover from Hurricane Katrina, Bush-Cheney and other Conservatives in High Places regularly showed such indifference, at best, to the well-being of ordinary Americans that it really felt as though the government had been abducted.
Now, with America pushed to the brink of an abyss by an extremist few of those same so-called conservatives—the very ones who drove up the debt in the first place—is it possible that the greatest threats to America’s financial, social, and political security have offices in the U.S. Capitol and are paid $174,000 per year, with benefits?
New York Times columnist Nicholas Kristof thinks so, and in “Republicans, Zealots, and Our Security” he makes the case in convincing detail.
If China or Iran threatened our national credit rating and tried to drive up our interest rates, or if they sought to damage our education system, we would erupt in outrage.
Well, wake up to the national security threat. Only it’s not coming from abroad, but from our own domestic extremists.
We tend to think of national security narrowly as the risk of a military or terrorist attack. But national security is about protecting our people and our national strength—and the blunt truth is that the biggest threat to America’s national security this summer . . . comes from budget machinations, and budget maniacs, at home.
House Republicans start from a legitimate concern about rising long-term debt. . . . But on this issue, many House Republicans aren’t serious, they’re just obsessive in a destructive way. . . . in their effort to protect the American economy from debt, some of them are willing to drag it over the cliff of default.
(Meanwhile, Huffington Post business editor Peter S. Goodman comes right out and says that the congressional Republicans “are acting like terrorists. . . . willfully and intentionally driving us to the edge of a cliff, using the national interest as a hostage.”)
What is it exactly that these so-called conservatives are conserving?
Nicholas Kristof warns that even the slightest, briefest default could drive interest rates higher—“on mortgages, car loans, business loans and credit cards”—leading to a deeper deficit, purportedly the very thing the House Republicans say they’re determined to reverse. The Congressional Budget Office projects that a 1% rise in interest rates could add more than $1 trillion to borrowing costs over the next 10 years.
Republican zeal to lower debts could result in increased interest expenses and higher debts. Their mania to save taxpayers could cost taxpayers. That suggests not governance so much as fanaticism.