Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: CharlesWayneCT

Are you comparing the UK with the UAE?


2,606 posted on 02/21/2006 11:00:00 PM PST by DoNotDivide (Romans 12:21 Be not overcome of evil, but overcome evil with good.)
[ Post Reply | Private Reply | To 2595 | View Replies ]


To: DoNotDivide

No.

I am saying that there is no evidence the security of our ports will be effected in any way by the purchase of the P&O company (a stockholder-owned company based in the UK) by the DP World company (a company owned by the UAE government).

The same people will do the same jobs on March 3rd as are doing them on March 1st. The money will just go into different pockets. Of course, first 6.7 billion will go from those pockets into the pockets that used to get the profits, so it will be some time before that is balanced out.

The UK government does't control P&O, it's stockholders do. I don't know who they are, but I'm betting there are muslims with large holdings, probably from Saudi Arabia, Kuwait, and even the UAE. I'd rather that than a state-run company, but this isn't about what I would "rather" have, I would rather have Halliburton be the premier port company.

This is simply about whether the President should abuse the law to block the sale of a company to another company for no reason other than political expediency based on racism.


2,640 posted on 02/21/2006 11:10:28 PM PST by CharlesWayneCT
[ Post Reply | Private Reply | To 2606 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson