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To: MillerCreek
Actually, the deal IS extraordinary in the sense that the U.S. has never engaged a state-operated/owned business in this degree of effort before. In that regard, we are selling to the UAE by selling to their state-owned/controlled business.

The US isn't selling anything here. The selling and the buying is between two foreign companies, P&O and DPW. Since the deal involves the logistics movement of goods though US ports-of-entry, it was vetted and approved by many US government agencies headed by the Commerce department. The only thing extraordinary here is what's being drummed up by the press.

362 posted on 02/22/2006 9:48:10 PM PST by demlosers (Kerry: "Impeach Bush, filibuster Alito, withdraw from Iraq, send U235 to Iran, elect me President!")
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To: demlosers
http://www.dpiterminals.com/memdet.asp?MemberID=5&MCatID=3&PSID=1&PageID=10&SubPageID=4&CatID=&SubCatID=&ProdID=&SProdID=

To insert some levity into the matter... :)

370 posted on 02/22/2006 9:53:47 PM PST by M203M4
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To: demlosers

We are "selling" access. Access is key. It's the concept and the access that the concept provides. The agreement is, in effect, "selling" access because the Port Deal is a negotiation involving exchange of assets. Call it a lease, call it favoritism, call it a gift, call it anything you want but it's still a situation wherein the U.S. has "sold" access and access to privileged information and other very significant resources.

It's also just easier for most of us to type out in comments than writing out the elaboration of the actual terms involved.


413 posted on 02/22/2006 10:35:23 PM PST by MillerCreek
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