I saw an interview with a coast guard officer on cnn.
They inspect all the cargo first at the ports. Where it came from, delivery process, numbers, everything is checked out. They also have technology to inspect all the cargo. Then if a red flag is raised then they inspect further. That is where the 5 percent figure comes into play. They inspect that 5 percent further. Why would they inspect all 100 percent further without any red flags raised. You would competely slow down trade for no reason. Coast guard has all the security power not this company.
It would be great if the british had sold it to an american company but no american company placed a bid. But that won't stop lou dobbs from going nuts.
All the info out there is that this is a top notch company that has been working with u.s in ports all around the world. UK uses them.
Maritime experts say you need to improve the inspection by the coast guard, homeland security and customs. They don't care who owns the terminals. They are worried about the inspections at the port.
The inspections done by our federal agents are what they care about.
This is a great political story because you can lie and say you are turning over our ports to arabs. But that is a lie because we are still in charge of the inspections and the ports. After the inspections by our federal agents at our ports then the company comes in. Even then we still have security over them if we don't like what they are doing.
cnn, hunh?
I don't watch tv or tv news. I find that every one of them has a specific presentation to fit facts whether or not the facts warrant that particular conclusion.
It would be great if the british had sold it to an american company but no american company placed a bid. But that won't stop lou dobbs from going nuts.
I read here, on another thread, that the bidding only lasted 20 days and that American companies knew nothing about it? Is that true?