P&O may have to retain port management-congressman

Reuters ^ | Tue Feb 21, 2006 9:51 PM GMT10

[Darkwolf377]

So much for all those free market capitalist consevatives...

[Alberta's Child]

Peter King is so full of sh!t on this one. I find myself wondering why the chairman of the House of Representatives Homeland Security Committee waited until mid-February 2006 to express his opposition to a corporate acquisition that was formally announced in November of 2005.

[Darkwolf377]

It reminds me of the mullahs coming out NOW against cartoons that came out months ago... ;)

Yes, I AM kidding, relax, King fans.

[K-oneTexas]

Sure they can still run it ... as Dubai Ports World or Dubai Ports International (as I saw them referred to in another article) or whatever they want to be called doesn't absorb them into themselves or another division.

Dubai Ports World home page http://www.dpiterminals.com/

They have terminal facilities in Asia, Latin America, Europe and West Africa.

I also saw a post where the port in the US was going to sign the contract anyway. The port authority is a local government entity. I guess Congress could void their contract. 

Seems the more we hear and see the more fractious and messier it's getting. 

 

[sinkspur]

King never fails to run to the front of a parade, so that he might lead it.

Except when it came to the IRA. He finally felt enough political pressure to back away from hosting Gerry Adams.

[eyespysomething]

So a private company is going to be forced to NOT sell and forced to keep doing business as usual? By our government?

[Alberta's Child]

That was probably around the time he realized that he had more illegal Mexican immigrants in his district than Irish-American voters.

[Echo Talon]

How does that saying go... its better to remain quiet and look like a fool than to open your mouth and remove all doubt.

[dawn53]

So much for all those free market capitalist consevatives

LOL, my husband and I were discussing this and he was amazed he hadn't heard a reporter ask, "Why are the British running our ports in the first place?"

[demlosers]

Ive look a little closely at this and the hysteria on "port gate" is over-the-top. Much knee-jerking going on along with much grandstanding.

[Echo Talon]

Total knee jerk reaction brought on by the MSM that were looking to make waves by not reporting the story correctly in the first place, just like the NSA story.

[Alberta's Child]

I agree with you on that.

This story was first posted here on FR back on the 10th or 11th of this month, and my one comment on that thread was that I knew they had gotten the facts wrong -- because P&O Ports didn't OWN any U.S. port facilities and therefore couldn't be selling them to a UAE-owned company.

[Alberta's Child]

We can't blame the MSM here, though. The ignorance of the so-called "conservative media" on this issue was astonishing.

Even after the story had been out there for a week, FreeRepublic was the only place where even a small number of people really knew the facts related to the proposed acquisition.

[Whispering Smith]

I think the options here are nationalize or get out of the way. We have a sale of one company to another company. If we do not like the sale, we nationalize the asset and turn its operation over to Haliburton.

[Echo Talon]

We can't blame the MSM here, though. The ignorance of the so-called "conservative media" on this issue was astonishing.

OK, i have to agree with you. Bill O'Reilly did a pretty good job explaining this on his show tonight.

[Alberta's Child]

He must have a FreeRepublic screen name. LOL.

[Echo Talon]

He must have a FreeRepublic screen name. LOL.

Trust me im no O'Reilly lover, plus you can check the American Idol live thread I was posting to that during his show. I just watched The Factor rerun. :D

[Howlin]

FYI.

[Alberta's Child]

LOL.