I am an American (says so on my Birth Certificate). I'm red-blooded, let me show you (ow) see, it's red. I opposed interference in the P&O sale to DP World.
I wish the eyes of the country were opened, but instead the wool was pulled over them by a company with an ax to grind (Eller) and an opportunistic democratic party looking for any pretense to attack the current administration.
The sale of P&O company (a foreign stockholder-owned business) to DP World (a foreign emir-owned business) gave the U.S. money changers no bits of gold.
Successfully stopping the deal may have put money into the handes of liberal politicians in bed with Eller and Maher companies, who couldn't compete with this deal in the free market. Eller manipulated the political and judicial process, along with the media, to acheive by fear an intimidation what they couldn't achieve otherwise.
True, but DP didn't make P&Q a part of DP. They made P&Q a subsidiary of DP when congress tried to steal the deal. No leases have changed hands, DP owns P&Q. P&Q owns the terminal leases and neither have any plans to sell. No sale of the leases need to take place. P&Q already has a security check to operate terminal leases. DP has out smarted congress.
So this means that Dubai was able to invest in an American company. They will have 1/3 interest via stock purchased from another foreign company, and the Miami port will be run by the American company that has been there for many years?
Thats your take not mine. It is not fear, it is vigilance, after 9-11 I prefer to error on the side of security, not the side of the almighty buck.
Ops4 God Bless America!