The US currently has sixteen intelligence agencies. The Secretary of Defense now want yet another agency, and the only logical conclusion is the sixteen existing agencies simply cannot get the job done.
Collectively US intelligence agencies missed 911, Egypt, Libya, events in Iran, and they thought Hussein hid weapons of mass destruction in Iraq. Currently they do not know if Iran is attempting to build nuclear weapons or not. Alternatively, they do know, but do not want us to know what they know because it might make the oil embargo look downright silly.
Occasionally the agencies get something correct, such as finding Bin Laden after nearly a decade of looking. However, given the overall track record, one has to wonder if that discovery was simply an accident as opposed to careful analysis.
The Mark comments U.S. Creates New Spy Service Because 16 intelligence agencies just wasn't enough.
U.S. Defense Secretary Leon Panetta announced that the Pentagon will soon launch a new intelligence agency
http://globaleconomicanalysis.blogspot.com/2012/04/us-creates-new-spy-service-because-16.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.