"avondale shipbuilding"
1 episodes tagged with this keyword
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Mark Koernke and Dave discussed financial market turmoil on July 16, 2010, including significant stock market declines and Northrop Grumman's announcement to close its Avondale shipbuilding facility near New Orleans by 2013, eliminating 11,000 jobs. They analyzed the implications of defense contractors outsourcing military production overseas, particularly to China, and warned of planned banking crises tied to TARP payment failures in August. The show covered modular military ship construction using cargo containers, Chinese aircraft carrier development, and alleged UN/NATO infiltration of U.S. military command structure through NORTHCOM, including concerns about a French general commanding continental U.S. forces.