If national security flows from economic strength, then the ongoing global economic crisis is poised to strike at one of the more underappreciated tools in the security kit — the checkbook. We’re all familiar with the term “checkbook diplomacy.” But “checkbook security” has played a largely unsung role in America’s approach to national security over the past decade — from “buying off” Sunni insurgents in Iraq as part of the Surge to funding development projects in Afghanistan as part of the war effort to helping countries in Latin America and Africa improve their capabilities to fight drug traffickers and organized […]

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