The headlines make it sound like we’ll all be dead by July…

WaPo: “Officials warn of looming terror risk”
NYT: “Senators warned of terror attack by July”
CBS News: “CIA Chief: Al Qaeda Poised to Attack U.S.”

…but I’d still go ahead planning that BBQ on the 4th, because even if there is an attack, the headlines portray a threat environment that — while serious — probably isn’t as menacingly “looming” as they make it seem.

Here’s the actual exchange between Senate Intelligence Chairwoman Sen. Dianne Feinstein (D-CA) and Director of National Intelligence Dennis Blair, CIA chief Leon Panetta, and FBI Director Robert Mueller:

Senator Feinstein: What is the likelihood of another terrorist attempted attack on the U.S. homeland in the next three to six months? High or low? Director Blair?

Blair: An attempted attack, the priority is certain.

Sen. Feinstein: Mr. Panetta?

Panetta: I would agree with that.

Sen. Feinstein: Mr. Mueller?

Mueller: Agree.

That’s a little bit more nuanced than the writers would have you believe. The journalists’ apparent ironclad certainty about an impending terrorist attack distorts the intensely political context surrounding the issue and ignores the degraded threat al Qaeda central poses.

It’s important that the issue was raised during Senator Feinstein’s questioning and not during the intel chiefs’ opening statements. If they brought it up right off the bat, that would imply there was specific intelligence about an ongoing plot. Given the context of this exchange, security heads don’t appear to have anything concrete that is specific and imminent. They’re hedging their bets.

Now Senator Feinstein is right to ask tough questions like this — that’s her job. But if you’re a high-ranking intelligence official, and the senator overseeing your department asks you about the possibility of an attempted attack, who in their right mind would ever say, “Naaah, I think it’s all good. Nothing to worry about here…”? If that’s your answer and there is even a small-scale attempt (like the one on Christmas), then you can kiss your job goodbye.

Finally, we need to put al Qaeda’s attack capabilities in context. Senator Feinstein correctly qualified her question to ask about an attempted attack; it’s a critical word that gets ignored. Because over the next six months, I don’t believe that either AQ’s senior leadership or its international affiliates will regain the logistical competence to attempt a massive attack on the scale of 9/11. Far more likely is the small-time attempt perpetrated by individuals who, as Director Panetta mentioned, have “clean” histories and are — by definition — more difficult to collect intelligence on.

Or to reinterpret the security chiefs’ answers, “Yes, there is the high probability that someone we could never hope to know about will attempt a minor terrorist attack in the United States. It may or may not be successful, depending on how competent and lucky the operator is. To say otherwise would ignore such individuals’ patterns of recent behavior. But another 9/11 — though possible — is far less likely.”