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 ...
You are obviously giving Schumer way too much credit for this. Many, many Americans made sure their elected officials knew what they thought about the deal. Got a problem with representative government?
Everything is good for something, at least occasionally. Even bigotry.
Man you KNOW how it pained the LA Slimes to print that, LOLOL!
Jeeze, this is the best, funniest thing I've read about this whole rotten-smelling debacle. Maybe it's the silver lining to a very black cloud...ping!
Bush isn't running again, so the MSM can afford to be magnanimous to him once in a while. But they are coupling their magnanimity toward Bush with disdain for the rest of the Republicans - who ARE running again. Not to worry, their agenda is firmly intact.
OK..you make the plan smart one...how you gonna kill them all?? I'll go for it if you can tell me how...you gonna nuke 'em all? Women and children? How about we send them all to gas chambers?..Or maybe you got some better plan?? Let's hear it.
"Everything is good for something, at least occasionally. Even bigotry."
I cannot deny the truth in that.
I think it is preposterous to think that we will ever shrug the "puppet of Israel" label in the middle east when everybody we attempt to do business with has to pas an Isreal litmus. We are just confirming their claims.
Y'all gonna support that?
CHECK THIS OUT: According to the UAE website, the UAE does not allow foreigners to own any business outside the freetrade zone unless that business is 51-PERCENT OWNED BY A UAE citizen.
So much for UAE being an open for business country: (CHECK BELOW)
"In this type of ownership, 51% of the company will be owned by a UAE national and the other 49% you may own, with the business being situated anywhere in the UAE.
There are seven categories of business organisation that can be established, which are - general partnership company, partnership-en-commendam, joint venture company, public shareholding company, private shareholding company, limited liability company and share partnership company. General partnership companies are limited only to UAE nationals, while the establishment of partnership-en-commendam and share partnership companies are not presently encouraged."
Not even the innocent ones?
Do you really wonder why the term, "bigot" is being thrown out there, then?
Add this one to the Washington Post article that said the president tried to do the right thing and I've looked out the window to see if pigs were flying.
Oh, and how this must make Congressmen feel today as they read these articles! LOL
Ditto!
A logical fallacy is not a rhetorical device.
LOL. Thanks for the ping.
Ditto!
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