Tuesday, July 19, 2011

Threats: Raise The Debt Limit Or Al Qaeda Will Attack!

As America’s economic stagnation continues largely unchanged in the face of a looming federal government debt crisis, federal counterterrorism intelligence officials and other authorities told Homeland Security Today the nation’s security increasingly is being put at risk, making the US at this moment in time a target for a major attack.

“Under Osama Bin Laden, Al Qaeda’s goal had been to find a way to attack us in a way that would hurt us economically – and I mean really hurt us. So if Al Qaeda still wants to slam us economically, now is the time to do it,” said one of the US counterterrorism officials who has studied the terrorist network’s capabilities to cause America grievous economic damage.

This and other officials said on background because of the sensitivity of their positions that the time has never been better for Al Qaeda “or any of its capable franchises” to attack in a way that would directly or indirectly result in not only a potentially debilitating economic blow to the country, but an economic collapse of some sort that would ripple around the world, especially in Europe,” another said.

Indeed. Federal Reserve Chairman Ben Bernanke just told Congress that “the [US] Treasury security is viewed as the safest and most liquid security in the world, and the notion it would become suddenly unreliable and illiquid would throw shockwaves through the entire global financial system.” 

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