Homeland Security Chief Tom Ridge made that critical leap from 'be afraid' to 'be very afraid,' raising the terrorist threat level to orange for financial sectors in New York, Washington, D.C., and northern New Jersey. ... Ridge's announcement comes amidst reports he will step down as head of homeland security after the election. Ridge himself has refused to comment on the story, though colleagues say he has often expressed a desire to spend more time at home, scaring his family.