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Dubai Ports World to divest itself of all American interests
CNN

Posted on 03/09/2006 10:42:42 AM PST by navysealdad

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To: Wasanother

I vote for Walmart. We'd see efficiency not seen before in port operations and it'd be good for WalMart to have huge distribution centers right in the heart of each port reducing the need for extra transport costs.


121 posted on 03/09/2006 11:04:01 AM PST by Joan Kerrey (what support is Sinclair giving to a candidate)
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To: Cboldt

Well, all I know is that no US firm wanted to touch it back when the bids were let. Unless something's changed to make the idea more palatable, I can't see a US firm doing now, not for long anyway.


122 posted on 03/09/2006 11:04:02 AM PST by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: Almondjoy
For the rest of us we know that Dubai Ports World pulled out because they see us as a bunch of cry babies and they just want to get on with life.

Bingo~!

123 posted on 03/09/2006 11:04:10 AM PST by najida (Somedays you're the mud, other days the pig. Either way, you can sit in the sunshine and dry out ;))
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To: William Creel; bayourant; mewzilla
Do you disagree that almost all terrorists are Islamic?

Mind your logic and p's and q's.


124 posted on 03/09/2006 11:04:16 AM PST by sam_paine (X .................................)
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To: oldleft

If this what I'm thinking of, it's brilliant. DPW sells their interest in the American Terminals for cash and stock. I will bet they've just become a major investor in a US company.


125 posted on 03/09/2006 11:04:20 AM PST by Wasanother (Terrorist come in many forms but all are RATS.)
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To: William Creel
Do you disagree that almost all terrorists are Islamic?

If red tennis balls are spherical, does that mean all spherical objects are red tennis balls?

This is the kind of logic you would have learned had you paid attention in school. I have many Islamic friends who deplore terrorism. Why don't you meet a few... oh, wait, they're not white southern Christian males... never mind.

126 posted on 03/09/2006 11:04:50 AM PST by Lunatic Fringe (Olfrygt: the nagging fear of being unable to find beer while out of town.)
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To: Petronski

I hope Commander, Fifth Fleet has some suitably sailor-like language for expressing his opinion of Congress, now that his ships have to go to Diego Garcia or Guam for maintenance and R&R.


127 posted on 03/09/2006 11:04:53 AM PST by BeHoldAPaleHorse (Tagline deleted at request of moderator.)
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To: conservative blonde
This country has come to feel the same when Congress is in session as when the baby gets hold of a hammer.

Will Rogers

128 posted on 03/09/2006 11:05:38 AM PST by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: El Gato

I will bet they just became a major shareholder in a US Company.


129 posted on 03/09/2006 11:05:55 AM PST by Wasanother (Terrorist come in many forms but all are RATS.)
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To: Lunatic Fringe

Good one.


130 posted on 03/09/2006 11:06:03 AM PST by Petronski (I love Cyborg!)
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To: mewzilla
Well, all I know is that no US firm wanted to touch it back when the bids were let.

There was no "bid letting." Public companies are always availble for takeover. P&O was a publicly traded company.

Unless something's changed to make the idea more palatable, I can't see a US firm doing now, not for long anyway.

DPW may create a subsidiary that is wholly US-owned. Same people, different legal and tax structure.

131 posted on 03/09/2006 11:06:24 AM PST by Cboldt
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To: All

I haven't heard or seen anything OFFICIAL saying the UAE is seeking revenge for the American's concerns. I haven't even seen that they're SELLING the American port business, only transferring the operations.

Does anyone have a link? Sounds like they though this was a good solution for them and us and they didn't want to go through the 45 day grilling from Congress.


132 posted on 03/09/2006 11:06:28 AM PST by Mayflower Sister (DEMOCRAT: THE PARTY OF COWARDS AND TRAITORS, and I almost forgot... BABY KILLERS)
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To: navysealdad

Good. Don't let the door hit you in the turban on your way out.


133 posted on 03/09/2006 11:07:00 AM PST by reelfoot
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To: William Creel

You're right - just look at those Muslims they arrested that carried out the church burnings - oops, wait, those were white guys so it was criminal, not terrorist. I could have only imagined the freeper feeding frenzy about terrorism that would have commenced had they been Arab and/or Muslim.

Do you propose that all Muslims are basically terrorists? Labelling them so pretty much says we have to eliminate about a sixth of the world's population for us to be safe if we all lump them into the same group.


134 posted on 03/09/2006 11:07:02 AM PST by mjwise
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To: sam_paine

And you pinged me to that, why...?


135 posted on 03/09/2006 11:07:32 AM PST by mewzilla (Property must be secured or liberty cannot exist. John Adams)
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To: navysealdad; stockstrader
My goodness. I feel prophetic today after calling for a spin-off yesterday.

In fairness to Dubai, I think the public perception of security concerns with Dubai is incorrect, and I hope the UAE continues to be a strong ally and a friend of the US.

136 posted on 03/09/2006 11:08:03 AM PST by carl in alaska (The raven watching news of the Florida recounts stirred and spoke. Quoth the raven..."NeverGore.")
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To: Almondjoy

Actually, right now there are so many conflicting stories coming out I'm not sure what to think - are they just assigning this one contract to an American company, or are they breaking off all deals with us? Getting good information has been one of the problems from the start.


137 posted on 03/09/2006 11:08:35 AM PST by livius
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To: Joan Kerrey
I vote for Walmart.

Hmmm, Why do I see some old Geezer in a rowboat saying "Welcome to Boston Harbor" at the passing ships?

138 posted on 03/09/2006 11:09:40 AM PST by najida (Somedays you're the mud, other days the pig. Either way, you can sit in the sunshine and dry out ;))
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To: El Gato
While I can understand why they'd be upset, the fact that they pulled out so early in the 45 day review period makes one wonder if there wasn't something more to this that would have been discovered by a more thorough review.

Or they saw the 62-2 vote yesterday and realized that even with the 45 day review they wouldn't win over Congress.

I wasn't happy about the sale of the ports, but I believe that the way this was handled from beginning to end will cause us to lose far more security than we gain.

The only possible positive is that XXX-42's consulting check might bounce now.

139 posted on 03/09/2006 11:09:51 AM PST by KarlInOhio (The tree of liberty is getting awfully parched.)
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To: navysealdad

This out to be interesting. Which US firm is interested in running these terminals? US companies have been moving out of this business for years. My prediction is a joint US/European corporate venture will take up the deal


140 posted on 03/09/2006 11:09:57 AM PST by dennisw (Muslim's biggest enemy is the founder of Islam, Muhammad. Muslims are victims of this conman-)
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