Posted on 03/05/2006 10:38:12 PM PST by umgud
Move over PortGate...
Indianapolis International Airport, a facility that serves more than 8 million passengers every year, is operated by a foreign-owned company.
And the company has stated contractual obligations at the airport -- which include law enforcement!
(Excerpt) Read more at drudgereport.com ...
I agree. But his point is to challenge the opposition to the DPW buyout of P&O.
I hope that's it.
It was Pres. Bush Sr. who started the trend with Executive Order 12803. Airports and such.
Good point....didn't think of that. Was kinda surrised to see the starting sentence though: "Move over portgate...."
Are we supposed to believe that there is no difference between a "foreign owned company" and a "foreign country owned company"? Well I, for one, don't.
Thanks for the info, I don't know much about EO 12803. I think Drudge is just point out that foreign managers of a company still have to conform to our laws and regulations.
just looked that up and it doesn't address "foreign entities", should that be amended?
They may be today, but who's to say that tomorrow they won't be taken over by a company from a less favored country - China, Dubai, who knows?
If we want to reap the benefits of globalism, we have to be ready to accept that there is more to the globe than just the USofA.
All im saying is that the EO you sited doesn't address "foreign entities", to me not all foreign investment in the US is bad thing since they are responsible for the upkeep of the facilities. On the other hand they should be restricted from owning "certain" things.
Updated: 3:12 a.m. ET March 4, 2006 Hillary Clinton, a leading opponent of DP World's takeover of some US port operations, was this week forced to admit that she did not know her husband had advised Dubai leaders on how to handle the growing dispute.
But former President Bill Clinton's ties to Dubai and the United Arab Emirates should not have come as a surprise to his New York senator wife.
Mrs Clinton's own senatorial financial disclosure forms reveal that her husband earned $450,000 giving speeches in Dubai in 2002.
Officials from the UAE also donated between $500,000 and $1m to fund Mr Clinton's presidential library in Arkansas.
It was part of an effort by the emirates, said a person close to UAE officials, to forge a close relationship with a former US president who is influential and highly regarded in the region.
Mr Clinton's admiration for the UAE was last on display in November, when he made his fourth visit to the American University in Dubai and met students participating in the Clinton scholarship programme.
The UAE has also contributed $100m to Hurricane Katrina relief funds which Mr Clinton had a leading role in raising.
Mrs Clinton's tough stance that the deal represented an "unacceptable risk" to national security has caused UAE officials some consternation.
Regarded as the leading Democratic candidate for the 2008 presidential elections, she has used the deal which polls show is disliked by most Americans and the anti-Arab sentiment it sparked to attack the Bush administration on national security, an issue that has been seen as a weak point for Democrats.
Although Mrs Clinton has been careful not to criticise the UAE directly, her stance has put her in the same camp as legislators who openly accuse Dubai of helping to finance the September 11 terrorist attacks and deem the UAE untrustworthy.
Privately, some Democrats see the revelations about his ties to the UAE as a classic Clinton dilemma. Mrs Clinton told the New York Post on Thursday that she did not know her husband had been contacted by Dubai officials two weeks ago and offered them advice on the deal. Although both Hillary and Bill Clinton say he stands behind her on the issue and there is no direct conflict, his relationship to the UAE has complicated her political stance on the transaction.
Meanwhile, the UAE has sought to quell the backlash against the takeover by hiring some Clinton officials - and Republicans - to lobby on Dubai's behalf.
BAA is the biggest airport operator in the World. Shares are up huge recently on rumours that Spain's Ferrovial (construction) may bid for them.
It's all about Globalism Baby!
Also, would be Presidential candidate Evan Byah(D) was governor of Indiana at the time.
BAA also has does retail management at Pittsburgh, Logan and Baltimore. The contract BAA has with IIA is unique among it's other agreements.
Much ado about nothing I would say.
I agree not all foreign investment is bad.
Methinks the sheeps have been asleeps. This foreign ownership thing has been an issue for decades.
A Republican.
I'll tell you why!
The UK is full of English, and Englishmen are who attacked us! And on top of that 100% of the men who burned the capitol during the War of 1812 were.......Brits! Why, they could be sending lighter fluid into that airport right now in a plan to torch the capitol again! How could we alow these monsters to control or airports is beyond me!!!!!!
We need a 45 day review.
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