Friday, October 26, 2012

Follow The Money: Why Romney Wants A Bigger Navy

No surprise, just what I expected. The only surprise would have been if Romney and/or one or more of his supporters didn't benefit from increased ship-building.

http://thinkprogress.org/politics/2012/10/25/1088291/why-romney-wants-bigger-navy/

By Annie-Rose Strasser on Oct 25, 2012

The airwaves of three key battleground states — Florida, Virginia, and New Hampshire — were hit this morning with advertisements from the Romney campaign about the size of the American navy. “Our navy is smaller now than any time since 1917,” Romney warns in the radio spots. A narrator adds, “As commander in chief, Mitt Romney… will invest in our military.”

Expanding the Navy has become a theme of the campaign; during Monday’s debate Romney used the same line, and Obama responded with a now-famous zinger about “horses and bayonets.” But new information discovered by Wired casts a new light on Romney’s push to beef up ship building: One of his top military advisers is in the ship building business.

John Lehman was Secretary of the Navy under Ronald Reagan, but is now an investment banker with stakes in several ship building companies:

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