Saturday, February 25, 2006

Never a Dull Moment



Unbelievable.





WASHINGTON, Feb. 24 (UPI) -- A United Arab Emirates government-owned company is poised to take over port terminal operations in 21 American ports, far more than the six widely reported.
The Bush administration has approved the takeover of British-owned Peninsular & Oriental Steam Navigation Co. to DP World, a deal set to go forward March 2 unless Congress intervenes.
P&O is the parent company of P&O Ports North America, which leases terminals for the import and export and loading and unloading and security of cargo in 21 ports, 11 on the East Coast, ranging from Portland, Maine to Miami, Florida, and 10 on the Gulf Coast, from Gulfport, Miss., to Corpus Christi, Texas, according to the company's Web site.

More about the Port Deal you might have not heard:

On the face of it, a simple matter of a buyout of a company, allowing existing contracts to continue. But step back and examine the buyout, which did not go to the highest bidder. Why would the stockholders approve of a deal giving them substantially less money, to sell to the UAE, than selling to Singapore would have provided? Indonesia is not only a staunch ally of the US and Britain, but also had no links to terrorism or support of 911 and Bin Laden. The stockholders of the private British company up for sale, of course, were not presented with an option, nor are private companies that well regulated so few recourses were available to the stockholders, so they took the option they were given. Grab the money and run. The known links to terrorism the UAE presented included hosting Bin Laden for hospital care in the months leading into 911, visiting him in Pakistan, being the home country for a number of the 911 terrorists, and laundering money for the 911 crowd. With this rap sheet, why would the British and the US want to encourage their control of key ports in the US?

**

The aide said that guys like me were "in what we call the reality-based community," which he defined as people who "believe that solutions emerge from your judicious study of discernible reality." I nodded and murmured something about enlightenment principles and empiricism. He cut me off. "That's not the way the world really works anymore," he continued. "We're an empire now, and when we act, we create our own reality. And while you're studying that reality - judiciously, as you will - we'll act again, creating other new realities, which you can study too, and that's how things will sort out. We're history's actors . . . and you, all of you, will be left to just study what we do."

Confessions of an Economic Hit Man-John Perkins

Thanks to Jeff Wells and RI commenters




http://www.jesuscampthemovie.com THE JESUS CAMP MOVIE!! OUT IN NOV 2006 A MUST SEE!

16 Comments:

Blogger Lew Scannon said...

Perhaps this is Bush and Blair's way of saying thanks for all they've done to help them kickstart the PNAC agenda.

12:20 AM  
Blogger AJ said...

This makes sense no? I mean, arrest everyone under the sun that has a middle easter sounding name, outlaw certain journalists from flying in the US (Doug Thompson, Moore ect), but go ahead and sell a damn port to.......geez you can't make this stuff up.

9:32 AM  
Blogger rev. billy bob gisher ©2005 said...

you bring up a good point. if the highest bidder, was capable and fully qualified, why they didn't get it, there's the big question, not all this other crap.

9:34 AM  
Blogger AJ said...

Morning Rev! And what a blutery morning it is eh?
Yes, this is quite disturbing. Funny how there is NOTHING mentioned about this deal on the front pages of our newpapers.
It's just me.It's probably nothing.

10:10 AM  
Anonymous LILY said...

Hmmm suppression of truth? Not in the USA!

CORRUPTCO WEEK!

2:42 PM  
Blogger Kathleen Callon said...

This week I read the Carlyle group has millions, perhaps billions at stake with this deal. Now, suddenly, we don't have to "fear"?

4:31 PM  
Blogger AJ said...

Fear? Ha! I'm more afraid of not paying mortgage and CC bills than having a nuclear device go off...at least I won't have to pay the bills anymore!
Yes, Corrupto week, Im on it.

5:19 PM  
Blogger qrswave said...

Yeah, what about the top executive at DPW that was nominated for a top maritime position with the US government by BUSH?

6:51 PM  
Blogger AJ said...

Qrs,

It certainly pays to be connected these days...

10:41 PM  
Anonymous LILY BRANFORD said...

Well we could all live in a commune and forget stupid mortgages, and wait for the Apocalypse...

Hey Aj take your time with a post, no hurry. Just catch the vibe.

I just learned you blog clock CHIMES!!!!! You just scared the hell out of me!

11:03 PM  
Blogger AJ said...

Hee hee. I was wondering when someone was going to mention that...

7:14 AM  
Anonymous LILY BRANFORD said...

Damn you, AJ. Damn you. Back to shunning.

Hey, we have a conservative blog participating in Corruptco.

9:29 AM  
Blogger Kathleen Callon said...

"This makes sense no? I mean, arrest everyone under the sun that has a middle easter sounding name, outlaw certain journalists from flying in the US (Doug Thompson, Moore ect), but go ahead and sell a damn port to.......geez you can't make this stuff up."

Sigh... this and the nuclear agreement with India have me in such a funk.

What do you think of Russ Feingold? I'm feeling the need to be proacftive and I'm linking of starting a blog that will serve as a petition to get Ross to run in 2008. Do you like him?

1:31 PM  
Blogger AJ said...

Kath,

sorry so long for an answer, didn't know you posted...Yes I liked Ross Perot. Don't think he will run though. He was -in my opinion- to close to the money for the elitist and blackmailed or threatened successfully. MHO

2:53 PM  
Blogger Kathleen Callon said...

Hi AJ,
Thanks for your pointing out the anonymity problem with the Russ petition. I changed it.

I like Feingold because he voted against going to war in Iraq, tried to put through anti-torture legislation, voted against the Patriot Act and it's redrafting, and he's against the death penalty. He has a conscience and consistently votes for what he feels is right even when it's unpopular.

Hope all is well. Peace.

Kat

4:09 PM  
Blogger Kathleen Callon said...

*its

4:11 PM  

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