Posted on 03/10/2006 10:28:49 AM PST by RWR8189
PROTECTIONISTS, REJOICE! The dastardly United Arab Emirates company that would have presumed to unload containers of underwear and toothpaste on U.S. soil has backed down, and it will now divest its U.S. port interests to an American entity. Rest assured, the nation is now safe from dangerous Middle Eastern accountants and port logistics specialists.
Dubai Ports World did what was necessary, if not necessarily fair, on Thursday by agreeing to give up the U.S. operations of its newly acquired British ports company. The House Appropriations Committee had voted 62 to 2 on Wednesday to block the deal; a similar bill was pending in the Senate.
Although President Bush rightly stood by the acquisition and vowed to veto any bill that stood in its way, he was fighting a losing battle that only deepened a growing rift in the Republican Party. Dubai Ports World officials wisely recognized that they had to put some distance between themselves and their new U.S. assets. The company probably will sell its U.S. assets or create a U.S. company with a separate board to run them.
Much as we wish it would go away, the fight may not be over yet.
For one, the terms of the divestiture remain unclear, and some members of Congress are demanding more details. Will it be enough for Dubai Ports World to create a U.S. subsidiary? Will it have to open headquarters in the United States? Pay its employees in dollars?
(Excerpt) Read more at latimes.com ...
I'm a "she". :)
In my view, national security should never be played on the defense alone. One must keep his friends close and his enemies closer. The more they withdraw from us, the less we know, the less we can prevent.
Thanks, sometimes I get lucky!
Altho this seemed to be a pretty easy issue . . . I just can't believe so many Rs fell for the D media line.
All the opposition was based on feeling, that the facts simply did not support.
Some of that 'feeling' is unfortunately quite evident on this thread.........and it's pretty ugly.
!
Oh, I'm so sorry, I meant no disrespect!
Hoof n mouth disease is my only excuse . . .
It is? Bushborgs don't stop business they only promote political agenda. Maybe you should read below. I'm over it are you? DP will operate in our ports. Google up DPI and you will find they own CSX and have already been doing so. Thanks for being a political pawn.
SSA of Seattle planned to work with DP World
Seattle Times business reporter
SSA Marine, by far the largest U.S.-based port operator, appears to be in prime position to take a role in running the U.S. assets of Dubai Ports World (DP World), the company at the center of the port-security controversy.
Seattle-based SSA had been planning to accept DP World as its joint-venture partner at ports in Philadelphia, Wilmington, Del., and Camden, N.J.
SSA was a partner in those ports with London-based Peninsular & Oriental Steam Navigation (P&O). DP World purchased P&O in a $6.8 billion deal that closed this week.
On Thursday, DP World said it would transfer P&O's U.S. assets "to a U.S. entity" either by selling them to another company or setting up a corporate structure without management links to its government-controlled parent in Dubai.
I had an argument a while back on this forum (during the Fallujah episode in Iraq) with several self-proclaimed Christians who wanted to nuke Fallujah.
When I said, what about the innocents there........the women? the babies? they replied, there ARE no innocent Muslims.
I said, "Even the babies?" And they said we needed to kill the 'nits.'
If you haven't seen the many posts on this forum suggesting that we need to kill all Muslims, you have been reading selectively. And these people said they were Christians.
Ugly indeed. And if it looks ugly to us, just imagine how it must look across the pond.
Thanks to them, our word has become meaningless. And I find that very offensive. I don't like being a part of a political party that doesn't keep its word. Perhaps that's because I'm more conservative than my party, and to me, part of integrity IS keeping your word.
There is nothing to celebrate here. Not if you're a conservative, that is.
A journey of a thousand miles begins with a single step.
Hooray!
Agreed.
Thanks! :-)
Don't apologize - I take it as a compliment when people assume I'm a man. LOL Well, on here at least - not in real life!
I will say this issue has definitely aroused passions on both sides of the issue. It has been very interesting.
As I said in a previous post, it is disturbing that the R's in Congress made a deliberate decision to go back on their commitment to analyze the deal for 45 days.
By reacting emotionally, it encouraged racism and unwarranted fear (deliberately played upon by the Rats, and who knows how many Republicans?), and the result is an embarrassing mess.
Well, I personally don't want to kill anybody - I just want to keep them out of our country. They are doing a fine job of killing each other (including women and babies) without any help from "Christians".
My very rational reasons:
* I oppose any state owned firm from outside the US owning anything in the US as a matter of core principles. If we are a free nation, and believe in capitalism, then it is hypocritical to engage with non capitalist "businesses" that are not businesses at all, but are instead, fascist elements. I use the world fascist with care. I use it to depict an economic activity controlled by a government, not shareholders or private individuals.
* Although the UAE have come far vs their ways of the 1990s and appear to be cooperating in aspects of the WOT, I personally do not judge (OMG, there's that un PC word that drives liberals mad!) them to have a sufficiently long track record or sufficient transparency to fully trust them.
* The manner in which this has been handled leads to many questions, which even a 45 day investigation may not be able to answer. While I seriously doubt that there was any wrong doing, I also think that the due diligence may have been lacking.
How's that? Not very emotional, by my, oh here comes that word again, judgment.
They can be both. Why does the US fund terrorists. If you pay taxes you must approve. Hmmmmm........
In any form of debate, accuracy is important.
There are people who claim to be Christians who want all Muslims dead. That is the point that you claimed was not true, that in actuality is.
None of this changes the FACT that it was determined by those who handle the security of the ports, that the DPW deal provided NO security threat to our ports or our nation.
The bottom line is that the deal was scrapped because of demagoguing, ill-informed politicians, and not any real threat posed by DPW to this country.
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