http://www.baltimoresun.com/business/bal-te.port22feb22,0,755371.story?coll=bal-business-indepth wrote:
President Bush said yesterday that he would veto any effort by Congress to stop a United Arab Emirates company from taking over some operations at the port of Baltimore and five other major U.S. seaports, offering his administration's most emphatic defense of a deal that leaders in both parties are working to block.
Under fire from a rapidly increasing number of lawmakers - including the top two Republicans in Congress - Bush said politicians were sending "mixed messages" to America's international trading partners by questioning the deal.
Under fire from a rapidly increasing number of lawmakers - including the top two Republicans in Congress - Bush said politicians were sending "mixed messages" to America's international trading partners by questioning the deal.
I'm curious on the takes of the various factions here about this issue.
All I hear from the left is "I can't believe they would sell our ports to shady countries!"
All I hear from the right is "I can't believe they would think that our president would jeopordize the securty of this country!"
I mean, The Ports are really just a bunch of waterside buisness parks are they not? Why would the government have any real say in waht the companies that run out of there do with their buisnesses.
on the other hand.. our boy Bush has openly declared that he will do his first veto ever of anyone trying to stop it from happening... Now I know that America stands to gain like 9 Billion dollars from this deal, so we can see where his motivations lie..
however, should we be concerned about this for security reasons? These are our most historic and strategic ports. I kinda see a problem with port security butting heads with the people running the companies.. but i am not aware of how jurisdictions lie with foreign comapnies working out of American ports..
Another thing I'm hearing is complaints that the ports should have gone to American companies, which s an argument that i find totally irrelevant, since buisness is buisness, and money has no boundaries. The big question is; is there a price on security?