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Ran a search. If a dupe please remove.
conerns over infrastructure and defense related entities - are real.
if the UAE had wanted to buy Applebees, would anyone have cared? no. they own alot of manhattan real estate, did anyone complain? no. if they want to buy a casino, do we care? no.
the arguments about this being "protectionism", are laughable.
>>>>More broadly, U.S. economic and defense security are intertwined. Imagine the threat to American well being if investment capital were trying to flee the U.S. because it believed opportunities were better elsewhere.
Or, if we behaved as stupidly as say Mexico, and nationalized any foreign country we thought we could grab just to appease our sense of national inferiority.
I read this in the Journal this morning. Also read Larry Lindsay's piece. He had to throw Smoot and Hawley and Herbert Hoover in his column and the very scary date of October 1929. So predictable. Globalism has a very thin skin.
I found out the most interesting little fact. The USTR reports that the U.S. enjoyed a 3 billion dollar trade surplus with the U.A.E. in 2004.
Bush and his close acolytes were completely out of touch on the mood of the country on this kind of issue. This is another big embarrassment that has cost him needed political capital here at home. I'm sure there must have been some quid pro quo with the UAE, but he wasn't thinking about destroying his base at home.
Once he declared a WAR ON TERROR, how could he think of allowing (supporting, blessing) an Arab government shell company to have any kind of position regarding a port system already criticised for lacking security.
Either there is a War on Terror, or there is not.
We can get an approximate forecast how well the Coast Guard would oversee the UAE's operations by comparing it to other federal programs -- take the border patrol as an example. Our borders are sealed tight as a drum. Hah!
Trying to wrap this sweet-heart deal around the flag of free trade is a real travesty. So is the associated WSJ claim of jingoistic protectionism.
Bush has a lot of work cut out for him in regaining the credibility he once had on foreign affairs. If he had put a dictator in Iraq after the war, or if he had partitioned Iraq, we could have had our troops refreshed and ready for trouble with Iran.
Bush needs to move within the constraints of the War on Terror that he himself started. He allowed the Democrats to make hay of an self-exposed position. Neither the Democrats nor protectionism is at fault. I think Bush can do better in this second term, and I hope he does. We are counting on him to make wise decisions. I hope his decisions on Iraq save him (and conservatives and Republicans) by election time.
1990s: "The Mexicans er Takin' er Jahbs!"
2000s: "The Chinese er Takin' er Jahbs!"
I guess in the near future, we will be hearing the same about the Arabs...
Thanks to the head up their a-s wing of the GOP, we have PO'd one of the few Arab countries that actually believes in free markets and has a relatively pro-American foreign policy.
If only you folks could actually visit Dubai (as I have). You would come away with a new perspective apart from the propaganda spewed by Michael Thavage and Pretty Boy Sean.
What the scare quotes? You'd think the WSJ would treat national security as a legitimate issue. And as I said elsewhere, the term "protectionist" doesn't fit, here. Protectionism has to do with economics--who gets the jobs, how much goods cost due to trade deals, etc. This had nothing to do with the economics of the deal. It was all about the security issue. But that's ok. I've gotten used to this tactic now. Even on the right, when they don't get their way, they call you names. Same as they did with the Miers deal. Pathetic and dishonest.
Ping
Anyone who equates the Japanese with barbaric Islamic regimes is a total and complete idiot!
Having said that I and many other Americans are getting sick of chunks of the USA being broken off and sold to the highest bidder.
I guess our middle-class jobs aren't enough for the free traitor globalists, now they want to sell the very land out from under our feet to our enemies no less!
According to a panel of experts before the House foreign relations committee this past week, Dubai has been a major smuggling port for years. Money to and fro from Jihadists/terrorists, and in one case in '03, switches for nuclear bombs were passed, illegally to their intended destination, Islamabad, (Pakistan), despite protests by US customs agents. We were told to stuff it.
The mention of railroads reminds me of something. For nearly three quarters of a century (1923 to 1995), the government of Canada owned and controlled hundreds of miles of main-line U.S. railroads through its agency, Canadian National Railways; and I can't find that anybody at all objected.