Political Quotes

On the recordSeptember 17, 1996
when the cold war ended, Americans rightly hoped that our national security would no longer be threatened. We soon learned, however, that new or previously overlooked threats would replace the Eastern bloc in the struggle for progress and freedom throughout the world. We learned that evil despots in remote regions of the world could shatter the peace and threaten world stability when it suited their selfish interests. We also learned that ruthless terrorists, willing and able to strike anywhere and at anytime, would pose a growing threat to our Nation's security. But largely overlooked as a threat to our national security is the attack being waged against our Nation's economic interests. In my opinion, our economic interests should be seen as an integral part of its national security interests, because America's standing in the world depends on its economic strength and productivity. That's why the measure we are considering today is of great importance. Testimony before the Judiciary Committee's Subcommittee on Crime indicated that economic espionage crimes cost American businesses approximately $24 billion a year in losses.
Said by
Henry Hyde
Illinois

Editor's note · Context

Discussing the importance of economic security in relation to national security.

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