Confirming B2Wire analysis from April 10, 2013, it appears that North Korea has put away its missiles and has now suddenly become a “non-threat.” Not so ironically, the appearance and disappearance of the “imminent” threat North Korean missiles posed to the United States directly corresponded with the implementation of Sequestration and defense cuts and then […]
Speaking in Washington on April 3, 2013, Defense Secretary Chuck Hagel said the U.S. can’t afford to dismiss North Korean threats as bluster. “It only takes being wrong once, and I don’t want to be the secretary of defense who was wrong once, so we will continue to take these threats seriously,” he said.[i] Secretary […]
For years economists have warned of the time when international trade will begin decoupling from the U.S. Dollar as the world’s reserve currency. As the theory goes, the United States will face financial and economic collapse if the position of the dollar as the world’s reserve currency is undermined. In short, the U.S. can finance its […]
It is rare that I would offer support to anything Washington proposes, but in the specific case of automatic cuts to the Defense Department, I can’t agree more. The rhetoric in Washington is that if we, as a nation, go over the fiscal cliff, the Department of Defense as we know it will cease to exist. […]