7 Aug. 2007

Rates Up, War Efforts Failing - What You Gonna Do?

The government's solution - buy another Navy vessel:
The navy appears set to receive another advanced Air Warfare Destroyer with the government likely to exercise an option for construction of a fourth vessel.

No decision has yet been made, but the government is very much inclined to go down this route.
I can't help thinking Howard is just selling out completely to ensure his place on the Carlyle Board.