For years, we’ve been told by the Bush administration that America’s ports likely are among major targets for terrorist attacks. Portland, Ore., longshore worker Dawn Des Brisay told the AFL-CIO in 2004 she has “concerns about basic security issues. There is not enough focus on inspecting containers and checking their security seals.”John Bowers, president of the Longshoremen (ILA), a union that represents thousands of longshore workers in ports from Maine to Texas, joins many members of Congress in asking for hearings and a new federal review of the United Arab Emirates-owned company taking control of major U.S. ports.
Control: that’s the 600-pound gorilla in the room when talk turns to the aborted marine terminal takeover by Dubai Ports World. A wide range of economists, investors and lawmakers are warning that Americans ought to be concerned when U.S. assets are owned and controlled by foreign governments. And that’s the issue involved here, not ownership by private individuals of another nationality.[snip]I read somewhere that there have been a number of cancellations of events at the Fontainebleau. I wonder why the Unions didn't cancel.Foreign interests are on a buying binge in the U.S., gobbling up significant holdings in key U.S. industries—investing in oil and gas companies, power companies, nuclear power plants, real estate and banking, ...
Did the union leaders get a "good deal" (a "real steal") that was too good to turn down?
OAAA Cancels Annual Convention Cites economy for the cancellation. (02-19-2009)