Recession, Bailout, Stimulus: US Security Threats?

From MyWayNews/AP:

WASHINGTON (AP) - Trillions of dollars in government spending might stabilize the economy, but for now it may have weakened some U.S. security interests abroad and hampered the nation's ability to respond financially to an attack at home.

That curious conclusion by security and financial analysts reveals one of the unexpected consequences that could emerge from the government's bailout and stimulus plans. It also shows how intertwined the economy and national security have become. The top U.S. intelligence official, Dennis Blair, recently said the economy was the nation's foremost security concern.

"We have set the stage for a catastrophe," said James Rickards, a financial consultant at the research firm Omnis Inc. of McLean, Va., who provides security research for the Pentagon and others in the intelligence field.

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My Comment: The mistake on the part of this AP article is that it is accepting the assumption that by spending trillions of dollars you might stabilize the economy.

I completely disagree.

By spending trillions that you do not have .... you are destabilizing the situation, and you are putting at risk the basic economic and political foundations of the U.S.

Unfortunately, my point of view is the minority position right now.