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Former U.S. Ambassador to the U.N. John Bolton and FNC national security analyst K.T. McFarland on the economic impact of the U.S.’s foreign policy ...
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I'll -- sixteen trillion dollars in debt we have exhausted ourselves into wars in Iraq and Afghanistan about -- We have made -- great declarations and preparations for the ongoing hostilities apparently in perpetuity.
Is it not time for this administration this congress and the leaders of this country to understand.
There are limits to power.
And we have to do something other thing and respond to a war on terrorism that your enemy spends hundreds of dollars and sacrifices.
Hundreds of lives.
Rather than.
The United States which expense trillions of dollars.
And loses thousands and thousands of block but I be having to explain why our policy ought to be the overthrow the regime in Iran that would solve the -- -- -- -- with your -- -- and our friend and colleague KT.
I would ask you first just answer my question but we're keeping the Strait of Hormuz open -- ourselves.
It has a lot of benefits for other people but it's a global market in oil should other people.
It costs for that you and I will -- investor we can turn this into -- regional market for oil are almost.
At the turn of this.
-- tell that to the president I don't imagine yourself answer my question -- that period is the point that they.
It took to preserve whatever stability there is in the world requires the United States it's not -- and what if I may say investors guy's job our job it is our our job mr.
-- interest of the United States.
Of American Dad! and -- that although our and that's order -- police acknowledged that reality.
And -- talk out of both parties.
What in the world are we to expect as a result of the policies -- will say exactly what we need to do to keep the international oil market gone there are other things going on to the United Arab Emirates has just concluded a pipeline that right by and obsolete point and -- -- the -- saudis have converted a former natural gas pipeline.
So there are other things going on but but if if we're if we count on other people you can reduce your standard of living right now because they're not gonna -- I'm well I'm I'm not going to.
-- United States navy.
And I and I and I know both of you very well -- him.
Neither are you going to ask the United States navy to be deployed -- region to put our young men and women at -- in harm's way.
For the purpose of preserving some sort of standard of living if that's.
That's not powerless -- there that's there but that's -- -- that's what you're saying I'm just responding to what -- set for for the United States that's absolutely.
The -- the international economy going to keep our economy going if we don't have a strong United States.
At preserving whatever stability others around the world this economy will not have sustained -- I will not -- I will not.
And anyway.
If you misinterpret your if I could possibly award.
But I got to understand what you're saying is that we should have four carrier groups in the region prepared to commence hostilities against Iran.
And to do so so that Europe.
Can maintain so we -- all of weekend but Ashrawi we -- not getting better -- -- your view that the biodiesel -- the mark to market is a global market if why so it.
It is there's always work here one is -- and oil -- your head off at it has big trouble.
What can be no question about there would be -- risk premium but at what point do you say to yourself.
Perhaps it's time for the United States to understand that risk.
Is to be shared sacrifices to be shared because we have added trillions of dollars to the national debt as a result it apart.
Of the national security decisions into various -- started to compare the Obama administration is honestly in entitlement spending it's a very small -- low.
I think I understand that I and I am only acknowledging what that.
Just about one and a half trillion dollars in direct.
Debt is the result of the of the military -- around expenditures that we've made over the course of the time.
The -- about well I'd have you could be a jetBlue has been brought gonna have to get a stand but at the same time Iran ministry of -- and keeping them reformat.
The point that you're making is why don't we get sucked into the Middle East.
Because we're not energy independent that's why it's so important the United States from the national security -- you absolutely do our own relatively low on energy or -- our national gas it is -- Computer definitely.
-- for the life of me I cannot judge that distinction.
Between the Obama administration.
And the Bush Administration when it comes to creating a moment.
In which there is a reflexive initiative taken.
That has it seems no foundation.
No basis in preparation whatsoever.
In terms of geopolitical strategy.
In terms of military strategy.
And we here than a clarion call from all quarters it is time to defend.
The -- for -- -- behalf of international stability.
When we have somewhat more modest constraints -- and and needs and requirements where it anyway preserving.
-- couldn't agree but on the other hand it doesn't mean that the United States should then say okay we -- for a military this is one place I was is a vital interest I would agree with you Afghanistan I would agree with you Iraq I would certainly agree with you with -- but there is one place I've -- We're we're we're right I I would I would not -- and it doesn't basketball in the senate agreed that we're gonna content of the conversation.
As of the date.
Certain soon.
Thank you very much for inclusion --
