Posted on 02/25/2006 3:00:55 AM PST by Cannoneer No. 4
"The same is told to every visitor to downtown Baltimore."
...and Miami. By all means stay away from port districts. They are dangerous.
Greeks have been in shipping for 2500 years or so because island hopping is something they learned to do early.
Too bad no one was reading the business pages. They would have noticed the Chinese and Arabs were in a bidding war for P&O.
Sounds like you have not experienced anti-semitism. People who care about it can tell a Jew by his appearance and name, they think. And they pay attention to these things.
And the Chinese government seems to know a thing or two about shipping. They're smart enough to realize there is money in shipping and they are agressively pursuing this.
COSCO interested to buy stake in Greek port By Dai Yan (China Daily)
Updated: 2006-02-09 05:37 [excerpt]
China shipping giant China Ocean Shipping (Group) Company (COSCO) is in talks to own part of a major Greek port giving it increased access to European markets.Company officials said COSCO Hellas, the firm's subsidiary in Greece, is interested in taking part in possible plans to buy shares in the Piraeus Port Authority (PPA).
UAE and Kuwait wealth is not really because of capitalism, it is dishonest to say that, it is more like they are wealthy because of winning the lottery. Iraq was wealthy too, shopping, and all that, but it was about as far from a capitalsitic country as you could get. But they too had a winning oil lottery ticket.
Just to be onery, I would like to remind everyone of some history of Muslim shipping. Maybe you have heard that when the US was founded Muslim shippers called Barbary pirates controlled the Mediterranean and extracted tribute from everyone who wanted to pass. thomas Jefferson was not amenable to paying tribute and sent an armada to defeat the Barbary pirates, benefiting all Eurpean shippers, too. These days, such pirates are active off the Horn of Africa and in the Mallaccan strits in Asia. The attack on the US Cole is in that tradition.
Is the Cosco related to the membership store Costco?
There are 1.2 billion of them. Do you want to hide from them?
Mr. Schumer, the first to raise the alarm about the deal? He's collected $4,500 in campaign contributions from the trough of the Longshoremen.
Rep. Peter King, the chairman of the House Homeland Security Committee, who was one of the first big-name Republicans to break ranks with the administration over the deal? The Longshoremen's political committee donated $5,500 to the King campaign.
Senator Clinton's campaign took $4,500.
Senator Dodd, $2,500.
Congressman Fossella, $9,500.
Senator Boxer, $6,000.
Senator Lautenberg, $9,000.
Rep. Jerrold Nadler, a Democrat from New York who is another outspoken critic of the Dubai deal, has accepted $22,500 from the Longshoremen since March of 2000.
Senator Menendez, a leader of the opposition to the Dubai deal, has taken in fully $39,500 in campaign contributions from the Longshoremen's political action committee.
Much more significant is the management by the Chicoms of both ends of the Panama Canal. Their insidious penetration of Latina America is recognized by few and is being very successful. There are now four commie/socialist presidents in LA. Mexico may be the next to elect a known commie president. Then what do we do?
No this makes no sense. Without capitalists investing in making a business, the oil would still be in the ground like it was for eons. Capitalism is not about a country's economic system it is about individuals and groups acting as individuals. It requires a lot of genius and knowhow to begin and run a business and that is in no way like winning the lottery. It is, however, like running the lottery business.
Would you be less frightened if the UAE opened up an Embassy in Tel Aviv?
If you go to Abu Dhabi or Dubai, they are very modern cities that just about equal even Singapore in modernity. There spanking new buildings all over the place, and many Indians, Pakistanis, Iranians and Filipinos make good money working in the UAE.
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