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Halliburton Eyed for Dubai Ports Deal
NewsMax ^

Posted on 03/04/2006 8:25:56 AM PST by Sub-Driver

Halliburton Eyed for Dubai Ports Deal

The Bush administration is working behind the scenes to defuse the Dubai Ports World controversy by having the UAE-based firm team up with an American company.

According to the New York Daily News, which first reported the new White House strategy on Saturday, "one snag may be that sources say the U.S. company best equipped to partner with DP World is Halliburton, once headed by Vice President Dick Cheney."

But a role for Halliburton may not be such a "snag" after all, since the controversial company's involvement has already been endorsed by leading ports security critic, Sen. Charles Schumer.

"I'd take Halliburton over U.A.E. at this point, if I had to take a choice right now," Schumer told the Fox News Channel on Feb. 20.

Schumer explained that Democats hate Halliburton not for any security reasons, but because "they made large amounts of profit" from what he said were no-bid contracts in the Iraq war.

But if the company "can do the best job and they get the [ports] contract on the merits," Schumer said, "I'd pat them on the back."

The News said that any revamped deal "would have to be something along the lines of the Marine One contract, where British-and Italian-owned AgustaWestland had to take on Maryland-based Lockheed Martin to win the contract to build the president's helicopter last year."

But a better example may be Port of Long Beach, where the state-run China Ocean Shipping Company [COSCO] was finally allowed to operate two large terminals at the California port after it teamed up with an American firm.

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


TOPICS: Foreign Affairs; Government; News/Current Events
KEYWORDS: dpw; dubai; portdeal; portgate
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1 posted on 03/04/2006 8:25:59 AM PST by Sub-Driver
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To: Sub-Driver

This would be so funny.


2 posted on 03/04/2006 8:27:15 AM PST by Dog Gone
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To: Sub-Driver
"I'd take Halliburton over U.A.E. at this point, if I had to take a choice right now," Schumer told the Fox News Channel on Feb. 20.

Something about being careful what you wish for.

3 posted on 03/04/2006 8:27:31 AM PST by cgk (I don't see myself as a conservative. I see myself as a religious, right-wing, wacko extremist.)
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To: Sub-Driver

We were joking about Halliburton taking over a couple of weeks ago. Rush mentioned it. John Gibson on FOX and now Newsmax says this may be in works. This will be fun to watch the dems implode!


4 posted on 03/04/2006 8:28:24 AM PST by lexington minuteman 1775 (I)
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To: Dog Gone

Let's give the liberals a choice: Halliburton or Dubai


5 posted on 03/04/2006 8:28:45 AM PST by Loud Mime ("Countdown" - A documentary about Keith Olbermann's dwindling IQ)
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To: Sub-Driver

We were joking about Halliburton taking over a couple of weeks ago. Rush mentioned it. John Gibson on FOX and now Newsmax says this may be in works. This will be fun to watch the dems implode!


6 posted on 03/04/2006 8:28:50 AM PST by lexington minuteman 1775 (I)
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To: Sub-Driver
Maybe we should not be toooo hasty in pulling the bjclinton face off the Dubai Ports World deal. Would be real nice to have a public face off between old bj and his first senator woman.
7 posted on 03/04/2006 8:31:24 AM PST by Just mythoughts
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To: lexington minuteman 1775

As I said then, what a stick in the eye of the demo/left it would be for Halliburton to operate the ports. That one thing would keep a smirk on my face til the end of time. :o)


8 posted on 03/04/2006 8:32:46 AM PST by daybreakcoming (If destruction be our lot, we must ourselves be its author and finisher. A. Lincoln)
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To: lexington minuteman 1775
At least Haliburton is our Haliburton and not beholden to possible foreign treachery.
9 posted on 03/04/2006 8:32:58 AM PST by brainstem223
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To: Sub-Driver

"I love it when a plan comes together."


10 posted on 03/04/2006 8:33:45 AM PST by ex-snook (God of the Universe, God of Creation, God of Love, thank you for life.)
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To: Sub-Driver

I'll take it.


11 posted on 03/04/2006 8:35:33 AM PST by cripplecreek (Never a minigun handy when you need one.)
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To: lexington minuteman 1775
This will be fun to watch the dems implode!

And the pro UAE supporters on here. They'll start screaming arab discrimination.

12 posted on 03/04/2006 8:35:48 AM PST by processing please hold (Be careful of charity and kindness, lest you do more harm with open hands than with a clinched fist)
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To: Sub-Driver

This was surely predicted around here.


14 posted on 03/04/2006 8:38:41 AM PST by TheLion
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To: Sub-Driver
The Long Beach deal allowed the Chinese government-owned company to retain a 51 percent controlling interest in PMS.

So even though there is precendent for this sort of agreement, (COSCO, Agusta Wesland) in actuality the majority remains with the overseas firm.

More evidence, IMO, that these are face-saving measures for politicians to use with primarily the unions and also the public to a degree.

15 posted on 03/04/2006 8:40:27 AM PST by prairiebreeze (Casey Sheehan, thank you for your service. I'm proud of you. Even if your own mother isn't.)
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To: McFurson

And when said together sounds like "ooooowwweee!" which is what Texans say when they are having fun....(whisper "Texans...")

Brought to you by George Soros and longshoremen who walk like Hillary Clinton.

:^P


16 posted on 03/04/2006 8:42:32 AM PST by prairiebreeze (Casey Sheehan, thank you for your service. I'm proud of you. Even if your own mother isn't.)
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To: Sub-Driver
Schumer explained that Democats hate Halliburton not for any security reasons, but because "they made large amounts of profit" from what he said were no-bid contracts in the Iraq war.

It should be noted that Halliburton posted rather large net income losses, not profits, for 2002, 2003 and 2004.

http://money.cnn.com/quote/financials/financials.html?symb=HALLIBURTON&sid=2303&report=1&period=annual

17 posted on 03/04/2006 8:45:40 AM PST by JamesWilson
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To: pbrown

No. I'm probably what you'd describe as a "pro-UAE supporter", because I've had little problem with the deal. I have little problem with this either, especially if it helps us politically. Also, notice he's not thinking of dropping the Dubai company in favor of Halliburton, he's thinking of having them team up together.


18 posted on 03/04/2006 8:46:04 AM PST by marsh_of_mists
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To: Dog Gone
This would be so funny.

From someone who owns stock in Halliburton, (and carries around his laptop in a gun-metal Zero-Halliburton computer case), that would be soooooo cool!

19 posted on 03/04/2006 8:48:23 AM PST by Sooth2222
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Comment #20 Removed by Moderator


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