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Financing still a mystery as Nicaragua plans giant canal
Seattle Times ^ | 7-9-2014 | Lucy Westcott

Posted on 07/12/2014 11:48:44 PM PDT by Citizen Zed

The Chinese tycoon behind a plan to build a mammoth interoceanic waterway to compete with the Panama Canal whisked into Nicaragua last week and, in several appearances, including one with President Daniel Ortega, affirmed that “the biggest construction project in the history of mankind” has a green light.

In a lengthy appearance on state television Tuesday night, Ortega sat next to Wang Jing, the Chinese telecommunications magnate who has been pushing the plan, and pledged that the proposed canal “will permit the country to eradicate poverty and misery.”

(Excerpt) Read more at seattletimes.com ...


TOPICS: Chit/Chat
KEYWORDS: nicaragua; putin
I love Ortega's tacos.
1 posted on 07/12/2014 11:48:44 PM PDT by Citizen Zed
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To: Citizen Zed

Is it a shovel-ready job? If they need some workers, we can send them our illegal immigrants.


2 posted on 07/12/2014 11:52:16 PM PDT by Veggie Todd (The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. TJ)
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To: Citizen Zed

Putin’s surprise visit to Nicaragua fuels canal rumors

http://nicaraguadispatch.com/2014/07/putins-surprise-visit-to-nicaragua-fuels-canal-rumors/

“Putin’s surprise arrival has fueled rumors that Russia is somehow acting as a silent partner in the canal concession Nicaragua granted to an unknown Chinese company. The owner of that concession, enigmatic Chinese businessman Wang Jing, was in Nicaragua this week to announce the route of the canal.”


3 posted on 07/13/2014 12:00:46 AM PDT by Innovative ("Winning isn't everything, it's the only thing." -- Vince Lombardi)
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To: Citizen Zed
“will permit the country to eradicate poverty and misery.”

They always say that......
4 posted on 07/13/2014 12:15:29 AM PDT by 98ZJ USMC
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To: Citizen Zed

$40 billion seems awfully cheap.


5 posted on 07/13/2014 12:44:24 AM PDT by aquila48
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To: aquila48

They be speaking 1900’s dollars.............


6 posted on 07/13/2014 12:56:30 AM PDT by doorgunner69
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To: aquila48

Maybe they will hand dig it with $2/day chinese labor!


7 posted on 07/13/2014 1:13:04 AM PDT by dalereed
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To: Citizen Zed

““One hundred eighteen years ago, environmentalism wasn’t even a concern. When a road punched through the forest, it was a matter of joy,” Ortega said.”

I’m getting to like this Communist...


8 posted on 07/13/2014 4:18:31 AM PDT by BobL
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To: Citizen Zed

Obama wants to fund it.


9 posted on 07/13/2014 4:19:13 AM PDT by SC_Pete
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To: Citizen Zed
the proposed canal “will permit the country to eradicate poverty and misery.”

You know, the way it did in Panama.

10 posted on 07/13/2014 5:00:44 AM PDT by Sherman Logan (Perception wins all the battles. Reality wins all the wars.)
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To: Veggie Todd

“Is it a shovel-ready job? If they need some workers, we can send them our illegal immigrants.”

They will be importing their own labor, several million of them.


11 posted on 07/13/2014 5:09:16 AM PDT by dljordan (WhoVoltaire: "To find out who rules over you, simply find out who you are not allowed to criticize.")
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To: Citizen Zed

Wang dang...


12 posted on 07/13/2014 5:12:09 AM PDT by Eric in the Ozarks (Rip it out by the roots.)
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To: dljordan

I’ll go there! If the women all look like Bianca Jagger.


13 posted on 07/13/2014 5:13:34 AM PDT by DIRTYSECRET (urope. Why do they put up with this.)
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To: Citizen Zed

I’m not an environmentalist, but my daughter-in-law is Nica and I love the country and people - safest of all the Central American countries, and a very poor but loving people in general.

The canal will destroy Lake Nicaragua - one of the largest fresh water lakes in the world.

But it will give China more power and control over the world.....that’s why it will happen.

Ortega? He’s so evil, self-centered and power-hungry that even many Sandinista’s hate him.


14 posted on 07/13/2014 6:15:11 AM PDT by Arlis
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To: Citizen Zed
$40 Billion is a incredible low ball figure for a project of this magnitude.
I remember as a kid in school back in the 1960’s talk of a canal there using nuclear bombs to make it. At a minimum you are talking $200 Billion Plus.
It could be the Boondoggle of all time cost wise and take years to do it.
Of course China could send it it's huge surplus of manual labor to build it.
15 posted on 07/13/2014 6:25:52 AM PDT by Captain Peter Blood
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To: Arlis

Let me guess…

China’s big deck carriers are three feet less in the beam than ours - and they just BARELY fit through this new canal...


16 posted on 07/13/2014 6:30:10 AM PDT by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: Arlis

I’ve read that on one of the oceans, Atlantic or Pacific, the sea level is higher than the other. If a straight canal is punched through, won’t one ocean then pour into the other causing all sorts of disasters, floodings, environmentalists foaming at the mouth falling down and hurting themselves in public.


17 posted on 07/13/2014 7:33:40 AM PDT by Ruy Dias de Bivar (Sometimes you need more than seven rounds, Much more.)
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To: Arlis

Must add, then there is that little problem of the volcanoes which made the USA give up the idea of the Nicaraguan canal in the first place.


18 posted on 07/13/2014 7:35:23 AM PDT by Ruy Dias de Bivar (Sometimes you need more than seven rounds, Much more.)
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To: Citizen Zed

Hope they aren’t using Chinese concrete.


19 posted on 07/13/2014 7:41:27 AM PDT by riri (Plannedopolis-look it up. It's how the elites plan for US to live.)
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To: Citizen Zed

20 posted on 07/13/2014 7:42:06 AM PDT by martin_fierro (< |:)~)
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To: Ruy Dias de Bivar

Many locks will prevent any substantial flow, but not animals, plants, pollution, etc.


21 posted on 07/13/2014 8:35:56 AM PDT by Arlis
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