Posted: Sat Feb 19, 2011 1:12 am
Why must it be the Federal governments job to keep shipbuilding companies in business? Especially considering how often we build new ships for our fleets. There is going to come a time where maybe private industry has a responsibility to build local as well, unfortunately this point was about 5 or 6 years ago.
Having said that, if the government decides to do some building at this particular yard and they are unable to to complete the project then the owners forfiet their rights and the property becomes the property of the government.
just my 2 cents.