Posted on 02/23/2006 1:47:39 AM PST by BigSkyFreeper
An Arab company's bid to take over management of cargo terminals at half a dozen U.S. ports has become a rallying point for critics seeking tougher port security and greater scrutiny of foreign investment.
But trade and security experts said criticism of the deal involving government-owned Dubai Ports World was misguided because the U.S. government, not terminal operators, was responsible for security at the ports. In addition, they said, foreign companies already control a large share of the U.S. cargohandling business.
The target of congressional critics is Dubai Ports World's $6.8-billion deal to purchase Britain's Peninsular & Oriental Steam Navigation Co., which runs cargo operations in New York; Newark, N.J.; Philadelphia; Baltimore; Miami; and New Orleans. They said the Bush administration failed to investigate the deal and should have reported its findings to Congress.
Detractors say the government of Dubai, one of the seven emirates that make up the United Arab Emirates, deserves greater scrutiny because of its connections to some of the terrorists involved in the Sept. 11 attacks. Dubai Ports World will be the third-largest port operator in the world if its purchase of Peninsular & Oriental Steam Navigation Co. is completed.
(Excerpt) Read more at latimes.com ...
Ping
I have more New York Slimes Editions on my FR Homepage and my Archives Page
BTTT
Found this at the LAT, written by Jonah Goldberg of NRO fame: http://www.freerepublic.com/focus/f-news/1583983/posts
Thanks BSF :)
Welcome :)
Hmmm didn't know that one...
To anyone who is deriding this deal and is a globalist, Id like to hear your logic. This is globalism at work, in other words, the asylum has taken over the planet.
News to me too!
Better bookmark this thread.
Im think more of the r word.
Ok, what is the R word?
you know the word al sharpton and jesse jackson use every day.
This is factual GOLD.
Read in full and bookmark, ping.
Oh that word. Yes, while driving home last night I heard on radio news some muslim spokesman use the R word. He said this proves the US double standard and that the US had better give arabs some other business opps or islam will be very upset. So basically he threatened us right in our own homes.
Over here, Hank. Learn some FACTS.
They have the same opportunities anyone else does, well maybe not... lets see that congress does.
Yeah, he's almost a terrorist.
Giving an opinion--whether right or wrong--is now considered threatening us in our own homes?
We all leap at the too-common use of the R word, but does that mean it's NEVER appropriate? (Someone here berated me for using the N word--Nazi--when refering to someone who actually supported Nazis.) Does race have zero, absolutely NOTHING to do with the opposition to this?
If they had the exact same record with us and were from Europe would we be having this discussion?
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