Washington Post: Financial Crisis Called Top Security Threat to U.S.

Financial Crisis Called Top Security Threat to U.S.

By Walter Pincus and Joby Warrick
Washington Post Staff Writers
Friday, February 13, 2009; Page A14


Director of National Intelligence Dennis C. Blair told Congress yesterday that instability in countries around the world caused by the current global economic crisis, rather than terrorism, is the primary near-term security threat to the United States.

"Roughly a quarter of the countries in the world have already experienced low-level instability such as government changes because of the current slowdown," Blair told the Senate Select Committee on Intelligence, delivering the first annual threat assessment in six years in which terrorism was not presented as the primary danger to this country.

Making his first appearance before the panel as President Obama's top intelligence adviser, Blair said the most immediate fallout from the worldwide economic decline for the United States will be "allies and friends not being able to fully meet their defense and humanitarian obligations." He also saw the prospect of possible refugee flows from the Caribbean to the United States and a questioning of American economic and financial leadership in the world.

But Blair also raised the specter of the "high levels of violent extremism" in the turmoil of the 1920s and 1930s along with "regime-threatening instability" if the economic crisis persists over a one-to-two-year period.

In answer to a question about whether he was shifting assets to cover the financial downturn, Blair said that by leading off with the economic situation he "was trying to act as your intelligence officer today, telling you what I thought the Senate ought to be caring about." He said he was not refocusing the intelligence community's basic collection and analytic work from traditional concerns such as terrorism, Afghanistan, Pakistan, Iran, North Korea, Russia and China. [...]

source: The Washington Post
 

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