Barney Frank says cut Defense budget -- Is he right?

Massachusetts Democrat Barney Frank is blaming our nation's military spending for our recent credit downgrade. From the AP today:

The senior Democrat on the House Financial Services Committee says the biggest reason the United States is seeing its credit downgraded is that it spends too much money being "the military policemen of the world."

Rep. Barney Frank tells CBS's "The Early Show" that reining in defense spending is "going to be my mantra" for the next few months.

The liberal Massachusetts Democrat says $200 billion could be saved "without in any way endangering our security" by dialing back U.S. military involvement in the world, including operations in Western Europe. Frank says the military establishment has always had this "great momentum" in politics, but says the credit reversal "could change our thinking." Frank calls the military a logical target "if we're looking for something that breaks the mold" on spending.

Would it surprise you to know this Dem talking point is completely bogus?  When will Democrats finally admit that it's ENTITLEMENTS that are sinking this ship?

For the sake of argument, however, let's play along with Rep. Frank's fantasy logic.

As we're saddling up our unicorns, let's hypothetically assume for a moment that we could cut the ENTIRE Defense budget -- because clearly Barney Frank is that serious about getting our fiscal house in order.  With the Pentagon and all of our military installations at home and abroad shut down, all of our Humvees, jets, carriers and destroyers decommissioned and all our military personnel relegated to the unemployment lines, the problem would be solved, right?

Wrong -- even if you could remove ALL Defense spending, entitlement spending would still sink this country into unbearable debt:

h/t Heritage, CBO

Sorry, Barney.