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To: dirtboy

No, management would NOT be from Dubai, it would be from the same U.S. subsidiaries that manage the ports now. THREE levels removed from the UAE government. TWO levels from the DP World company, which has U.S. citizens on its board and as managers and workers both in UAE and in other countries including our country. ONE level removed still from the O&P company that runs the deal now and would still run the deal after the merger.

The only obvious change will be that the company DP World will be out 6.7 billion dollars in the short run, in exchange for getting the profits from operating the ports that they apparently think will be worth the investment. And a bunch of stockholders of O&P will be singing all the way to the bank.

Nobody else thought these contracts were worth that much. But that is economics, not security. This has nothing to do with security.


365 posted on 02/21/2006 1:07:05 PM PST by CharlesWayneCT
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To: CharlesWayneCT

Sorry. Most people are not interested in facts, only in their vested emotions.


405 posted on 02/21/2006 1:10:52 PM PST by UCANSEE2 (and miles to go before I sleep.)
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To: CharlesWayneCT

"No, management would NOT be from Dubai, it would be from the same U.S. subsidiaries that manage the ports now."

He who pays the piper calls the tune.


460 posted on 02/21/2006 1:16:43 PM PST by MineralMan (godless atheist)
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To: CharlesWayneCT
I thought it was quite funny to see Frank Gaffney's article about this story the other day, in which he ominously spoke of radical Islamic elements in the management of DPW as a threat to U.S. national security -- and then referred to some former DPW executive named David Sanford or something like that to make his point. LOL.
508 posted on 02/21/2006 1:22:20 PM PST by Alberta's Child (Leave a message with the rain . . . you can find me where the wind blows.)
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To: CharlesWayneCT

BINGO


511 posted on 02/21/2006 1:22:38 PM PST by MJY1288 (THE DEMOCRATS OFFER NOTHING FOR THE FUTURE AND THEY LIE ABOUT THE PAST)
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