Tuesday, 24 February 2009

World capitalist crisis poses greatest threat!

World capitalist crisis poses greatest threat

In testimony before the Senate Committee on Intelligence; Washington’s new director of national intelligence, Dennis Blair, warned that the deepening world capitalist crisis posed the paramount threat to US national security and warned that its continuation could trigger a return to the "violent extremism" of the 1920s and 1930s.

This frank assessment, contained in the unclassified version of the "annual threat assessment" presented by Blair on behalf of 16 separate US intelligence agencies, represented a striking departure from earlier years, in which a supposedly ubiquitous threat from Al Qaeda terrorism and the two wars launched under the Bush administration topped the list of concerns.

Clearly underlying his remarks are fears within the massive US intelligence apparatus as well as among more conscious layers of the American ruling elite that a protracted economic crisis accompanied by rising unemployment and reduced social spending will trigger a global eruption. The presentation was not only the first for Blair, a former Navy admiral who took over as director of national intelligence; marked the first detailed elaboration of the perspective of the US intelligence apparatus since the inauguration of President Barack Obama.

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