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Arab firms may reconsider U.S. investments
Associated Press (via StarTelegram.com) ^ | 3/10/2006 | JIM KRANE

Posted on 03/10/2006 9:18:02 AM PST by Dark Skies

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To: Valin
just how would you react if someone you thought was being your friend/ally told you to go F yourself? Get ready for blowback

Our "friends" and "allies" have been telling us to "F" ourselves for decades.

As to blowback? Two words: Pearl Harbor. Any economic blowback will be cast, in my eyes, as similar to Pearl Harbor (in an economic sense). You can bet that millions of Americans in flyover country will have a similar reaction. Middle Eastern oil states would rue the day they set this in motion.

61 posted on 03/10/2006 12:10:22 PM PST by Night Hides Not (Closing in on 3000 posts, of which maybe 50 were worthwhile!)
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To: Dark Skies

why do they insist on wanting to buy critical infrastructure and defense related companies? why can't they buy hotels, casinos, or any of a thousand other things in the US.


62 posted on 03/10/2006 12:11:53 PM PST by oceanview
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To: oceanview
...why do they insist on wanting to buy critical infrastructure and defense related companies? why can't they buy hotels, casinos, or any of a thousand other things in the US.

Excellent point.

I am shocked that the UAE and the adminstration and the investments bankers and all parties involved didn't conclude that this deal, however fine it may have been operationally and financially, might have a huge PR problem.

When the fox tries to buy access to the henhouse, the chickens get nervous.

63 posted on 03/10/2006 12:21:46 PM PST by Dark Skies ("A lie gets halfway around the world before the truth has a chance to get its pants." -- Churchill)
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To: Dark Skies
I am shocked that the UAE and the adminstration and the investments bankers and all parties involved didn't conclude that this deal, however fine it may have been operationally and financially, might have a huge PR problem.

Maybe they -- like me -- intially had some questions about the potential PR problem when the deal was first announced, but had those concerns alleviated when "the PR problem" didn't materialize.

Most people seem to forget that this deal was first announced in public more than two months before the PR nightmare materialized here in ths U.S. When the DPW acquisition of P&O Ports was announced in late November of 2005 and there was no adverse reaction to it from elected officials and other interested parties in the U.S. in December, January, and during the first two weeks of February, there was no reason for anyone to suspect that it would suddenly become a major problem in mid-February.

The biggest mistake the UAE and Bush administration made in this debacle was that they grossly underestimated the abject ignorance and stupidity of people of Chuck Schumer, Peter King, Robert Menendez, and a whole host of people in the media with big mouths and small minds.

64 posted on 03/10/2006 12:59:35 PM PST by Alberta's Child
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Comment #65 Removed by Moderator

To: Alberta's Child
Most people seem to forget that this deal was first announced in public more than two months before the PR nightmare materialized here in ths U.S. When the DPW acquisition of P&O Ports was announced in late November of 2005 and there was no adverse reaction to it from elected officials and other interested parties in the U.S. in December, January, and during the first two weeks of February, there was no reason for anyone to suspect that it would suddenly become a major problem in mid-February.

Apparently it took the public time to wake up to the transaction. I follow the news very carefully right here on FR and elsewhere, and I didn't notice it in December. A google search shows the first link regarding this deal was February 8th of 2006

And regarding the PR issue, the deal had an odour. With the right sales job, it mightn't have been a problem.

The idiot democrats simply stepped into a vacuum created by the deal planners when they (and all officials who successively put their stamp of approval on it) failed to visualize how the deal might look from a distance.

Ultimately, it isn't the deal itself that is so troubling as it is the stupidity of all parties surrounding it.

66 posted on 03/10/2006 2:09:16 PM PST by Dark Skies ("A lie gets halfway around the world before the truth has a chance to get its pants." -- Churchill)
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To: Political Junkie Too
The source for much of the article are the analysts at Middle East Economic Digest. They are certainly reading tea leaves, but there are financial people here at FR that can read between the lines in such a report and might appreciate a heads-up.
67 posted on 03/10/2006 2:19:14 PM PST by Dark Skies ("A lie gets halfway around the world before the truth has a chance to get its pants." -- Churchill)
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To: Echo Talon

I wonder what percentage hit to GDP would cause these isolationists to start worrying?


68 posted on 03/10/2006 2:24:27 PM PST by clawrence3
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To: clawrence3
they don't care about the economy, NOR do they care that China operating ports in California.
69 posted on 03/10/2006 2:28:05 PM PST by Echo Talon
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To: thoughtomator

The job of the Arab behind the counter of the local gas station is "crucial to security" then too.


70 posted on 03/10/2006 2:29:30 PM PST by clawrence3
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To: Echo Talon

If I were Dubai, I'd buy the Airbus out of pure spite


71 posted on 03/10/2006 2:31:26 PM PST by billbears (Deo Vindice)
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To: Political Junkie Too

But, these were the same possibilities we were warning about. The trade talks DID get postponed, you know that, right?


72 posted on 03/10/2006 2:32:08 PM PST by clawrence3
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To: thoughtomator
The job of DPW would have included loading and unloading cargo as well as hiring of personnel, both of which in my book are crucial to security.

Loading and unloading sealed containers, and disposing of them according to instructions by U.S. Customs. Also, reapiring and storing empty containers. MUCH less involved in security than the ship bringing the stuff into the harbor.

Hiring personnel? Within the constraints of Longshoremen contracts, to do stevedore services. If you're going to ban that trivial of an operation, then we should ban civilians within sight of any port.

73 posted on 03/10/2006 2:32:19 PM PST by lepton ("It is useless to attempt to reason a man out of a thing he was never reasoned into"--Jonathan Swift)
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To: Echo Talon

I agree with you on the economy part - but a lot of stink is being made about the Chinese port terminal operations now too - this is just the beginning. Seriously, it could lead to "ZERO foreign" ownership of quite a bit before it ends.


74 posted on 03/10/2006 2:34:36 PM PST by clawrence3
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To: billbears
If I were Dubai, I'd buy the Airbus out of pure spite

Yep, along with Sukhoi or MIG figher planes.

75 posted on 03/10/2006 2:35:29 PM PST by Echo Talon
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To: oceanview

Gas stations?


76 posted on 03/10/2006 2:36:24 PM PST by clawrence3
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To: clawrence3
I agree with you on the economy part - but a lot of stink is being made about the Chinese port terminal operations now too - this is just the beginning. Seriously, it could lead to "ZERO foreign" ownership of quite a bit before it ends.

I doubt it, this issue is over and they will move on. The Commies won't be kicked out.

77 posted on 03/10/2006 2:38:18 PM PST by Echo Talon
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To: Night Hides Not

Wait a second! Our country tells them they can't buys American assets, and then if they don't, we are going to claim that is some kind of SNEAK ATTACK on us?! What are you smoking?


78 posted on 03/10/2006 2:39:28 PM PST by clawrence3
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To: billbears
If I were Dubai, I'd buy the Airbus out of pure spite

I know you are probably joshing but for those that don't know otherwise...deal makers don't make emotional decisions.

79 posted on 03/10/2006 2:39:55 PM PST by Dark Skies ("A lie gets halfway around the world before the truth has a chance to get its pants." -- Churchill)
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To: Echo Talon

I don't share your optimism: http://www.freerepublic.com/focus/f-news/1594128/posts


80 posted on 03/10/2006 2:41:05 PM PST by clawrence3
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