Debt Ridden and Defenseless

North Korea could lob a missile that reaches Hawaii, or Alaska. Hezbollah is infiltrating our southern border, using drug routes. Iran trades with one and supplies the other.

Yet the Obama administration presents a budget that drastically cuts our defense expenditures at a time when we need to replace aging equipment, resupply our troops, and develop new systems to defend ourselves.

In a Q & A with bloggers, Sen. Lindsey Graham agreed on the importance to streamline procurement, but stressed the need to put the dollars back into the next generation of equipment, and better pay and benefits for our armed forces-- "We're flying the wings off" our planes---stealth technology has saved a lot of lives, but we are stretching their useful life to the limit and need to reinvest.

The Obama budget over the next 10 years would triple our already staggering debt with massive social spending to the point where we won't be able to service it, courting hyperinflation, yet at the same time chop defense from 4% of GDP to 3%. Does this make sense in a world in which we are the number one target?

The current Obama budget projects that in 1o years just the interest payments on our debt will be greater than our defense spending, $805 billion vs. $720 billion, and that's under their rosy scenario.

Will we be both debt-ridden and defenseless? Chinese bankers and Iranian terrorists dictating to us?

You think it unlikely? Wanna bet?