Dubai Port Capitulation Likely Fraudulent

IRIS Blog ^ | March 9, 2006

[Do not dub me shapka broham]

There is news breaking that the Dubai Ports firm is giving up its attempt to take over US ports by turning over control completely to an American firm:

Dubai Company to Transfer U.S. Ports to American Company. However, the stories admit that:

It was not immediately clear how the divesture would be handled or what U.S. company would take over the operation.

One article, however, quotes a statement that "we will continue to hold our U.S. operations separate while this process continues." In other words, the Dubai corporation will maintain a separate incorporation status for the American subsidiary. A few comments:

-This is a standard legal fiction for corporations who maintain complete operational control over their foreign subsidiaries.

-Note the key word "continue." This strongly implies that there is no change. In other words, there is no news here.

-While it is possible that the government-owned firm will indeed be forced to sell, it should be noted that all Arab governments routinely lie. Here is this week's biggest example.

Posted by Barak at 21:30

[Do not dub me shapka broham]

ping

[Dane]

Yawn, you all will never give up.

Gotta keep beating this dead horse.

[Keith in Iowa]

How 'bout a joint venture of WalMart & Haliburton take over the ports...that would make the 'Rats all wet their pants.

[Do not dub me shapka broham]

This horse isn't yet deceased.

That's the problem.

[Dane]

This horse isn't yet deceased.

That's the problem

For you and your hero chuckie schumer it is, and that is a problem for you.

[SE Mom]

So...what I'm still trying to figure out is..will this be a wholly owned subsidiary? I was listening to a discussion about this on my local talk radio- my rep Rick Keller (Florida) who is normally a mild-mannered fellow got on the floor of the House and raised holy hell about this..then he was interviewed later about this new development and raised the same question.

Staying tuned...

[Stellar Dendrite]

ping

[clawrence3]

". . . all Arab governments routinely lie."

Nice.

[Do not dub me shapka broham]

That's funny, I didn't realize that Charles Schumer was my hero.

Thanks for clarifying matters in your customary restrained, lucid manner.

[Sabramerican]

turning over control completely to an American firm

I wonder if James Baker will be involved with this American firm in any capacity?

[Stellar Dendrite]

i just went to that blog. abbas endorses olmert??? what a shock..../sarc

[Do not dub me shapka broham]

Since when is telling the truth synonymous with being "nice?"

[Stellar Dendrite]

i like the motto of this blog: "Because Israel is on the front lines of the Global Jihad"

[traderrob6]

Yes, and the IRIS blog is such an unimpeachable source(rolling eyes)

[Earthdweller]

I have no idea what you are talking about so here is a dead moose for you to kiss!!

[Sweetjustusnow]

For you and "your hero chuckie schumer" it is, and that is a problem for you.

You must have a hero worship for Madeline Albright, Dashle and Bill Clinton.

[clawrence3]

I thought I was just congratulating you on the other thread for a job well done blocking the ports deal - no need to get personal now.

[Spiff]

That's funny, I didn't realize that Charles Schumer was my hero.

Don't fall for Dane's crap. He's a horse's ass who always pulls this junk. If he isn't claiming that Hillary Clinton is someone's hero, or Osama bin Laden, or even Pat Buchanan, he's pulling this Charles Schumer garbage. That's his game. Don't play it.

[Do not dub me shapka broham]

A truly stuning development!

:-))