July 27, 2011
How Default Threatens National Security

motherjones:

The answer: A whole lot.

Money quote:

“It would be myopic in the extreme to view the flow of oil to the United States as a legitimate national security issue but to view the flow of foreign capital into Treasury securities as a matter of no particular concern.”

(Source: Mother Jones, via thepoliticalnotebook)

8:24am
(Notes: 85)
  
Filed under: default national security military economy news politics congress obama boehner 
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