This cannot be anything but BAD news for Northrop Grumman. The Liberals want to HUGE cuts in defense spending.
Supposedly they are addressing the budget deficit by cutting back on one of the six things in the preamble of the constitution, i.e. "...in order to form a more perfect union, establish justice, insure domestic tranquility, provide for the common defense, promote the general welfare, and secure the blessings of liberty to ourselves and our posterity..." See Article I, Section 8 for the particulars. Notice that there's nothing in regards to bailing out large banks and car companies that are "too big to fail".
The Liberals want to cut back on the constitutionally required capability of the government while maintaining entitlements for others.
This is bad news for Northrop Grumman because it is primarily a defense contractor - Northrop Grumman builds weapon systems for the government to kill people and break things.
See more at:
Posts
No comments:
Post a Comment