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To: Nasty McPhilthy
First there is NO American corporation capable of operating our ports. The London based company that was doing this job, Britain’s Peninsular and Oriental Steam Navigation Co. was one of a very few capable of doing it.

For me, this is the big news here!

What has obstructed American companies from operating American ports?!

Is it unions, government regulations or confiscatory taxes?

4 posted on 02/22/2006 1:45:00 PM PST by CROSSHIGHWAYMAN (Toon Town, Iran...........where reality is the real fantasy.)
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To: CROSSHIGHWAYMAN
Is it unions, government regulations or confiscatory taxes?

All three. And Halliburton, while it designs and builds port infrastructure, is not interested in operating ports because the margins are so low.

SSA Marine, a US company, operates Long Beach, but as a joint venture with COSCO.

9 posted on 02/22/2006 1:49:30 PM PST by sinkspur
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To: CROSSHIGHWAYMAN

All the above.


10 posted on 02/22/2006 1:50:47 PM PST by eyespysomething
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To: CROSSHIGHWAYMAN

Well, not sure about unions, but regulations and our tax system would apply to any company doing business in the US.


95 posted on 02/22/2006 3:09:43 PM PST by mdwakeup
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