You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Port Sale to UAE to close Thursday; 45-day review is window dressing [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU
npincus Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Feb-27-06 07:12 PM
Original message
Port Sale to UAE to close Thursday; 45-day review is window dressing
Advertisements [?]
Edited on Mon Feb-27-06 07:34 PM by npincus
http://www.cnn.com/2006/POLITICS/02/27/ports.dubai/index.html

The B*sh Admin is allowing the port sale to DP world to proceed this Thursday, with the 45-day investigation to follow! Bill Frist has flipped like a pancake; now he is on board with this cosmetic "investigation". Isn't it obvious- once the sale closes it is a done deal. DP may "voluntarily" halt operations in the US but they will own the contract to operate our ports. Lou Dobbs said it would be very difficult to get out of the deal after the sale; it would require that the B*sh Admin take DP world (UAE government) to court. Fat chance of that EVER happening!

How in the world can we stop the sale from going forward? It looks like the Republicans have rolled over completely- it looks like DP's highly paid lobbyists have earned their keep. I am sure it will pay for buckets of Viagra for the Dole household; won't Senator Dole be thrilled!

How, how, how can this sale be stopped?

The deal initially was scheduled to close Thursday. DP World said it will proceed with the $6.85 billion acquisition as planned but will "voluntarily separate out the U.S. assets that would otherwise be part of the deal" to allow time for the review.

In addition to commitments previously made to the review committee, DP World has pledged its North American port operations will be "a completely separate business unit;" that it will not exercise control over the management of U.S. operations; and that the chief security officer for P&O's North American operations will remain a U.S. citizen unless the U.S. Coast Guard -- which oversees security at American ports -- agrees otherwise.


Printer Friendly | Permalink |  | Top
 

Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC