Political Quotes

On the recordMay 25, 2011
Thank you, Mr. Chairman. I just want to clear up some things. I don't want this shipyard to close, but I want to be crystal clear about this. The Huntington Eagles just christened a ship a couple of weeks ago; and while they christened the ship with all of their employees there, they took the time to announce to their employees that we are closing. The 3,000 employees that are here, you will no longer be here. We are shutting down. We're closing. It's not personal. It's business. As much as I don't like it, this is a private business that has decided that they are going to close. What I don't want to do is take those taxpayer dollars and reward them for closing in the process. So when you talk about they can retool or do something in the future, Mr. Chairman, I don't want to pretend or mislead the American people. They have yet to bid on a shipbuilding contract since they have acquired the yard. They have no intentions to build ships there in the future. As we talk about what they could do with the yard and this may force a closure, they have decided that they are going to close. They made $45 million in the first quarter of this year. They announced that they're not going to bid on ships, they're not going to do anything. They're not going to stay open. Why would we give them $310 million of taxpayer dollars and then pretend that we're fiscally responsible? It's not fiscally responsible.…
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Cedric Richmond
Democratic · Louisiana

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