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Avoiding Another Dubai
Washington Post ^ | Tuesday, February 28, 2006 | C. Fred Bergsten

Posted on 02/27/2006 8:43:43 PM PST by indcons

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Interesting aeticle.....the pundits are mostly supporting the deal after the initial backlash. Wonder where the public stands on the issue now?
1 posted on 02/27/2006 8:43:44 PM PST by indcons
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To: indcons

The public's perception will also change as the hysteria dies down and the truth comes out from more and more sources.


2 posted on 02/27/2006 8:45:35 PM PST by CWOJackson
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To: indcons
Buried towards the bottom but well worth repeating, "The debate over the Dubai investment could result in real damage to U.S. economic and security interests."
3 posted on 02/27/2006 8:47:02 PM PST by CWOJackson
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To: CWOJackson

I was getting ready to ping this article to you...just pinged you to the other thread (considering your Coast Guard experience).


4 posted on 02/27/2006 8:47:46 PM PST by indcons
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To: indcons

Good find and thanks for posting this.


5 posted on 02/27/2006 8:47:56 PM PST by CWOJackson
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To: Stellar Dendrite

Ping


6 posted on 02/27/2006 8:49:09 PM PST by indcons
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To: CWOJackson
The public's perception will also change as the hysteria dies down and the truth comes out from more and more sources.

Yes, this Dubai Ports fiasco is really quite minor compared to CFIUS's other national security blunders.

Reform CFIUS to Stop Foreign Raiders from Dismantling the Defense Industrial Base

There really should be a full blown investigation of CFIUS conducted by an independent counsel.

7 posted on 02/27/2006 8:55:37 PM PST by Willie Green (Go Pat Go!!!)
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To: Willie Green

Yes, let's reduce government to rule by hearing and committee.


8 posted on 02/27/2006 8:57:10 PM PST by CWOJackson
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To: indcons
I still think we need to tread very lightly here, however with certain safeguards in place I could support this deal.

How many people on this board know that the company that manufactures our Bradley Armored Personnel Carriers is British based. Same with the Norfolk repair and refit yards. Without going into a lot of detail here, check out BAE Systems North America. With the same type of security arrangement I would be fairly comfortable with the deal.
9 posted on 02/27/2006 8:57:57 PM PST by Hawk1976 (Ideas got Republicans into office, new ideas will help keep them there.)
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To: indcons

As long as you're a good democrat, you'll support ABB.


10 posted on 02/27/2006 9:00:13 PM PST by Indy Pendance
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To: Hawk1976

The security on that terminal will be the exact same security on every other foreign operated terminal.


11 posted on 02/27/2006 9:00:27 PM PST by CWOJackson
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To: Hawk1976

I always get a kick out of the 'buy American' crowd. Nothing is 'American made' anymore, except for perhaps the mom and pop kind of shops who make knitted goods. It's really a shame, but, that's the way the unions dictated the direction of this country. They priced us to foreign markets, yet, expect higher wages. Oh well. I guess you reap what you sow.


12 posted on 02/27/2006 9:05:47 PM PST by Indy Pendance
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To: CWOJackson
I'm not thinking so much the day to day operation of the terminal as how the company manages their North American assets.

A US board of directors that oversees day to day operation with minimal "home-office" interaction and certain identified security issues "firewalled" by another board that reviews any sensitive information to go back to Dubai. They get their ports to operate and profit from, we get oversight a fair deal.
13 posted on 02/27/2006 9:06:34 PM PST by Hawk1976 (Ideas got Republicans into office, new ideas will help keep them there.)
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To: CWOJackson
Yes, let's reduce government to rule by hearing and committee.

No, let's just drag those who have sold-out our national security before a jury and try them for Treason.

14 posted on 02/27/2006 9:07:32 PM PST by Willie Green (Go Pat Go!!!)
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To: Indy Pendance
They were until recently an American company, UDI was bought by BAE. They are still American made, just like Toyotas.
15 posted on 02/27/2006 9:08:32 PM PST by Hawk1976 (Ideas got Republicans into office, new ideas will help keep them there.)
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To: Hawk1976

That's very similar to how these facilities operate; local operations will most likely be the same sub-contractor that manages the operations right now. The difference being the pay check comes from a different source.


16 posted on 02/27/2006 9:09:39 PM PST by CWOJackson
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To: Hawk1976

And Ford still makes American cars. Isn't it ironic?
"They are still American made, just like Toyotas."


17 posted on 02/27/2006 9:10:30 PM PST by Indy Pendance
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To: indcons

I live near a port; not one of those mentioned but a port where large containers are imported and put on trains and trucks and transported through the city. Consider for a moment that one of those containers might be carrying a bomb or mustard gas. That only 5% of the containers are inspected would mean that we're 95% vulnerable.

Ours is a small port and a disaster would only affect a few hundred thousand people. Can you imagine what could happen at a port in New York?


18 posted on 02/27/2006 9:10:31 PM PST by Fruit of the Spirit
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To: Willie Green

You're sounding a little hysterical there Willie.


19 posted on 02/27/2006 9:10:37 PM PST by CWOJackson
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To: CWOJackson; Willie Green

What fun would it be if he didn't? It's the end of the world, doncha know it? We have no individual power to change the direction of the world forces. We have even less individual power to change our country. It's really kind of sad. But, if your name is Kennedy, you too can be elected to 8 terms as senator. Sheesh, Roosevelt has nothing compared to Kennedy wrt to abuse of power.


20 posted on 02/27/2006 9:16:46 PM PST by Indy Pendance
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