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To: BubbaTheRocketScientist

Do you want the US to subsidize shipping companies? P&O was not state subsidized. Neither is Hutchinson-Whampoa or PSA or Maersk.


24 posted on 02/23/2006 11:33:16 AM PST by finnman69 (cum puella incedit minore medio corpore sub quo manifestu s globus, inflammare animos)
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To: finnman69
Do you want the US to subsidize shipping companies?

Absolutely not, if private business can do the job on its own. However, it is a better alternative than having a foreign government running our ports.

P&O was not state subsidized. Neither is Hutchinson-Whampoa or PSA or Maersk.

PSA is a Singapore state-run corporation:

"PSA is owned by Temasek Holdings, a Singapore government investment agency that already owns 4.1 per cent of P&O."
27 posted on 02/23/2006 11:58:17 AM PST by BubbaTheRocketScientist
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