To: RegulatorCountry
Read the Congressional testimony from last week. NO American firms bid because of the tax burdens, union requirements and legal risks involved. This type of business has very low margins and only makes money from economies of scale. There are only a few big name players that have a major portion of the pie.
The smaller players can't compete without their friends in Congress. Chuckie Schumer was lobbied months ago by Eller to go after DP Ports. In fact, I think Schumer accepted mega bucks on Eller's behalf. It has nothing to do with security. It has everything to do with money. Now, what a surprise, Eller is in the running for the managing these ports.
Nice friends to align yourself with.
14 posted on
03/10/2006 2:26:17 PM PST by
Republican Red
("How good is it? Al-Jazeera gave it 4 1/2 pipe bombs")
To: Republican Red
"Nice friends to align yourself with."
You've got a few hum-dingers aligned with you, too.
To: Republican Red
"The smaller players can't compete without their friends in Congress. Chuckie Schumer was lobbied months ago by Eller to go after DP Ports."
How much did DP Ports spread around?
Could they have withstood an "investigation" - the normal one, not the quickie review by govt. underlings?
35 posted on
03/10/2006 2:55:12 PM PST by
Shermy
To: Republican Red
Do you think they've got the cash to buy out DP Worlds American contracts? I've heard quotes of 700 million....
44 posted on
03/10/2006 3:04:51 PM PST by
jess35
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