That s because its never been a issue before. Check NSCSA.com. The National Shipping Company of Saudi Arabia has brought port terminals for years and nobody has said a word. They still aren't saying anything. The fact is this is a common practice and hardly ever noticed except in the Wall Street Journal. This became a issue because a democrat running for Mayor in Baltimore misrepresented the fact and everyone jumped on the band wagon. The Saudis started buying terminals as early as 1979 but there are some Arab companies that purchased terminals earlier than that.
Thanks for the additional info...I appreciate it..
I do have a pet peeve with this administration...I've had it for 5 and 1/2 years....they are always on defense, they wait until an issue becomes a political firestorm and then they react....it's hard to defend them when they take so long to defend themselves.....this issue has been out there for several weeks but the MSM and rats were too consumed with Cheney's hunting accident to pay attention...the WH should have brought this up 2 weeks ago.......and I do believe thay the President now has to come out and address this issue to the nation....
This acquistion was announced in NOVEMBER..it was in the business newspapers - apparently none of these congressional clowns read the business columns.
Yet no one says a word about a Chinese govt company running West Coast ports, or that there is a sizable Muslim population in Singapore (their govt company also runs W Coast ports)
Many thanks for posting facts!