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To: standingfirm
We should monitor our own ports.

This is mostly a political/media thing (heh, that ironically, our side started while pointing out how insane the Chaney hysteria was)

The thing is we weren't doing it before. It was a British company and a Chinese company that did the port security before. The UAE company just bought them.

The whole question is should Bush have stepped in and noticed and said 'no way', but its not like they directly made this kind of call.

Anyway, this 'argument' is waaaaaaay to suspicious for most non-engagued Americans, and I think Bush will back down on it. Which I have to say I don't mind.

In all reality, the UAE firm has so much invested and owns so many major ports, they would probably be totally professional... but I don't think you can make that argument to most people UNLESS you explain there is no American firm to do this, and IF there was, it would be a "Halliburton" type company, which the libs would hate for 'getting all the port jobs' anyway.
38 posted on 02/20/2006 7:57:24 AM PST by FreedomNeocon (I'm in no Al-Samood for this Shi'ite.)
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To: FreedomNeocon
In all reality, the UAE firm has so much invested and owns so many major ports, they would probably be totally professional... but I don't think you can make that argument to most people UNLESS you explain there is no American firm to do this, and IF there was, it would be a "Halliburton" type company, which the libs would hate for 'getting all the port jobs' anyway.

Dubai had to get a loan to swing this deal.

DP World to borrow $6.5b to fund P&O acquisition

"The borrowing entity is Thunder FZE, the acquisition vehicle set up by DP World, although the term loan has a guarantee from PCFC (Ports, Customs and Free Zone Corp, DP World's holding company)," Mikou said.

Which brings this troubling tidbit into play.

PCFC sukuk shows Dubai's support for Sharia funds

And this:

UAE, Palestine to set up a joint investment firm (Hamas)

42 posted on 02/20/2006 8:11:54 AM PST by DJ MacWoW (If you think you know what's coming next....You don't know Jack.)
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