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To: Capt. Tom

http://www.orlandosentinel.com/news/local/state/orl-ports1906feb19,0,4469240.story?coll=orl-news-headlines-state


A company at the Port of Miami has sued to block the takeover of shipping operations there by a state-owned business in the United Arab Emirates, officials said Saturday.

It is the first American courtroom effort to capsize the sale embroiled in national debate.

In Washington, the junior senators from New York and New Jersey added their voices to objections about the Bush administration's approval of the deal that will give a Dubai company a central role in operating ports in New York and across the country.

Sens. Hillary Rodham Clinton of New York and Robert Menendez of New Jersey, both Democrats, said they plan to introduce legislation to prevent companies controlled by foreign governments from buying American port operations.

The purpose of the bill would be to block the $6.8 billion sale of a British shipping company to Dubai Ports World, a port operator controlled by the government of Dubai, one of the United Arab Emirates. The British company, Peninsular and Oriental Steam Navigation Co., operates the cruise-ship terminal on the west side of Manhattan and has a half-interest in the Port Newark Container Terminal, the third-largest cargo terminal in New York harbor.


89 posted on 02/19/2006 10:02:06 AM PST by radar101
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To: radar101
Sens. Hillary Rodham Clinton of New York and Robert Menendez of New Jersey, both Democrats, said they plan to introduce legislation to prevent companies controlled by foreign governments from buying American port operations.

Socialists(Democrats) to the rescue. That's what I was afraid of.

The Republicans have to get on board quickly, and reign in the Bushies on this. Otherwise the dems can take credit alone and undo years of screwing up on national security. - tom

101 posted on 02/19/2006 10:24:35 AM PST by Capt. Tom (Don't confuse the Bushies with the dumb Republicans - Capt. Tom)
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