Wednesday, February 22, 2006
Meet Ignor and Arrog!
As a conservative RW friend of mine wondered via e-mail:
"Who's driving this thing? An Arab country is going to run 6 major ports in this country and nobody thinks the American people might have a problem with this? Come-on folks, wake-up!
"It's in the same series of screw-ups as the handling of the Harriet Myers nomination and the Cheney hunting accident. I think they need some new blood in the information section of the administration."
Don't blame the flacks this time! It's those Bush twins. No, not his daughters!
It's Ignor Ance and Arrog Ance! They've been in charge his whole presidency. They're loose now, out in the open!
I hear they're being asked to coordinate midterm congressional elections!
By Ted Bridis
9:15 a.m. February 22, 2006
WASHINGTON – President Bush was unaware of the pending sale of shipping operations at six major U.S. seaports to a state-owned business in the United Arab Emirates until the deal already had been approved by his administration, the White House said Wednesday.
Defending the deal anew, the administration also said that it should have briefed Congress sooner about the transaction, which has triggered a major political backlash among both Republicans and Democrats.
Read all about it, from the San Diego Union-Tribune.
The UAE also won two contracts to run two Army ports. That's right the UAE will be in charge of shipping U.S.Army materials and equipment overseas.
G.W.Bush has shown his hiney on this one.
Also it is pathetic how the "common taters" at Faux News have twisted themselves into pretzels (pretzel taters?) trying to support this selling of ports to the UAE.]
Truth be known, America could have never become what we are without foriegn investment. For example the MKT railroad through Eastern Oklahoma a way back in 1867 was totally financed by foriegn money (mainly Dutch). We need foriegn investment.
But are we not at war? Isn't that the deal? Would we have sold our ports, say to Argentina in WWII?
What is the difference?
It's a good thing Cheney shot his friend in the face or we might have been talking about this a week ago.
Priorities ya know.
What *is* that?
"Business is business." That's why business SUCKS, when all it does it look out for itself.
What I'd give for some good old-fashioned unabashed mercantilism.
"This merger is no bigger threat than Kmart buying Sears."
How wise; and maybe so, I sure as hell hope so. Let's just say for an argument, that although the four Emirs of these Emirates are totally trustworthy, and their govenment is totally trustworthy, does that mean that their bankers are? Not according to the 9-11 Commision. Does that mean that their ranks of subordinate lackies do not harbor any terrorist or would be terrorist that would love to embarress their leaders for not being good Muslems? Is that a safe bet?
Hum, one thing for certain, if this goes through and one single act of even failed terrorism is tied back to it, Bush can be assured of an impeachment trial, if not one for treason. It is a hell of a bet for him to make. I hope he doesn't make the bet, but if he does I do hope he wins it. I'm not vindictive enough, nor self destructive enough, to want him to lose this one. But if he does there will be no quarter given, even by his friends, and there will not be enough rocks in all of the land for his fellow travelers to crawl under.
Except I think Lay is the smarter of the two.
God alone knows what's really happened, but it sure is a huge leap of faith to believe that handing over ownership of the U.S. ports to UAE is GOOD in any way. Shoot. Maybe we should just offer them the OKC GM plant.
If it is OK to sell the ownership of these American ports to the UAE, would it be OK to sell them to Saudia Arabia? Eygypt? Pakistan? France? Israel? India? Vietnam? Cambodia? If they all met the same criteria that the UAE did?
Where was his vaunted staff? Why didn't they cover this for him? Is Karl finally out to lunch? Too worried about his own ass to cover George's?
Did the President follow the law on this transaction? Did he thumb his nose at the letter and the intent of the Federal Statute that required his Presidential oversight on these types of transactions.
Business is business, and politics is politics, and the law is the law; well this business was bad politics, and may actually have violated the law.
The Dumbocrats don't have to be an organized party to win elections, when they wait long enough, the Republicans will hand them victory.
The Longshormen are saying this isn't sale isn't going to happen. Talk about a joe-six-pack-revolt, if the Longshoremen say NO, then it is OVER. Then what does the Man do, call out the Army. Whoops, they aren't here are they?
And it comes down again to that Chinese curse:"May you live in interesting times."
So now, once again we have cronyism and conflict of interest involved in the deal. The guy nominated by Bush to head the Maritime Administration, that agency that oversees the ports in the U.S., works for the U.A.E..
According to Reuters:
"The political tug-of-war spread to the White House nomination of David Sanborn, one of several Americans on Dubai Ports World's senior management team, to head the U.S. Maritime Administration.
In his new job Sanborn would have oversight of his former employer, a possible conflict of interest, said Florida Democratic Sen. Bill Nelson, who plans to block Sanborn's nomination until more hearings are held."
If they hurry, the administration can classify this news story before too many people read it!
Hmm. Seven emirs runnin' a little-bitty pseudo-"country" that really exists to take billions of oil money and makes billions more?
It's just the biggest Limited Liability Company Dubya's ever HEARD of!
"Documents Show Secret Deal on Ports Sale"
By TED BRIDIS, Associated Press Writer
"WASHINGTON - Under a secretive agreement with the Bush administration, a company in the United Arab Emirates promised to cooperate with U.S. investigations as a condition of its takeover of operations at six major American ports, according to documents obtained by The Associated Press.
The U.S. government chose not to impose other, routine restrictions.
In approving the $6.8 billion purchase, the administration chose not to require state-owned Dubai Ports World to keep copies of its business records on U.S. soil, where they would be subject to orders by American courts. It also did not require the company to designate an American citizen to accommodate requests by the government.
Outside legal experts said such obligations are routinely attached to U.S. approvals of foreign sales in other industries.
Dubai Ports agreed to give up records on demand about "foreign operational direction" of its business at the U.S. ports, according to the documents. Those records broadly include details about the design, maintenance or operation of ports and equipment. It also pledged to continue participating in programs to stop smuggling and detect illegal shipments of nuclear materials.
"They're not lax but they're not draconian," said James Lewis, a former U.S. official who worked on such agreements. If White House officials negotiating the deal had predicted the firestorm of criticism over it, "they might have made them sound harder."...............
"Might Have Made Them Sound Harder..."??????
Documents Not Subject to American Courts?????
Routine Obligations Not Required??????
Yep, Business is Business, isn't it.
WASHINGTON (AP) - President Bush tries to calm uproar over an
Arab company taking over operations at American ports, saying
"people don't need to worry about security."
I get tired and I am a very wealthy woman -- I don't need to do this show. But then, your president is wealthy and he doesn't need to be the president. But he soldiers on, doesn't he?
I don't think so.
Can they do impeachments in stereo? That'd make Hastert prez -- until November, when the House turns.
Thne it'd be President Nancy Peloski.
Leveraging on combined strengths and expertise, DP World continues to exceed expectations whilst upholding our existing reputation for efficiency. We are driven by innovative vision and unyielding commitment to our customers all around the world.
Step into our world and join us as we continue to be the force that is changing the industry.
Dubai Ports (which comprises Dubai Ports Authority (DPA) and DP World) has been at the forefront of Dubai's extraordinary transformation into one of the world's leading trade and commerce hubs. DPA is focussed on the home ports at Rashid and Jebel Ali which DPI formed in 1999 (as Dubai Ports International) to export this success internationally. DPI initially applied its expertise to managing ports in the Middle East, India and Europe. Its first project was at Jeddah Islamic Port (in 1999), where it collaborated with its local partner on the management and operation of the South Container Terminal (SCT). In 2003, SCT was the first terminal in the Kingdom of Saudi Arabia to exceed 1 million TEU and volumes in 2004 exceeded 1.3 million TEU. DPI then went on to develop successful operations at the ports of Djibouti (2000), Vizag, India (2002) and Constanta, Romania (2003).
In January 2005 DPI transformed its network with the strategic acquisition of CSX World Terminals (CSX WT), the international terminal business of CSX Corporation, renaming itself DP World to reflect the change. This acquisition gave DPI a strong presence in Asia with major operations in Hong Kong and China as well as operations in Australia, Germany, Dominican Republic and Venezuela. Importantly for the future development and expansion of its network, DPI also acquired CSX WT’s strong project pipeline.
One cornerstone project, which underlines DPI’s position as a major player in Asia, is the development of Busan Newport, South Korea. DPI has a 25% interest in and management contract for this 9-berth facility, which will have a capacity of 5.5 million TEU. It is currently under construction and is expected to be operational by 2006.
Other significant projects will strengthen the network with further developments in India and the Middle East. In February 2005 DPI signed an agreement with the Cochin Port Trust (CoPT) to construct, develop and operate an international container transshipment terminal at Vallarpadam, Kochi, India. It is the largest single operator container terminal currently planned in India and the first in the country to operate in a special economic zone. The new terminal will make Kochi a key centre in the shipping world reducing India’s dependence on foreign ports to handle transshipment.
In March 2005, DPI was awarded a 30 year concession to develop and operate the container terminal at the Port of Fujairah, in the UAE. This concession will enable DPI to streamline operations at the major container facilities of the UAE, and further increase the choices available to its customers.
DPI also has interests in logistics businesses in Hong Kong and China, notably ATL, the market leading logistics operator based at Kwai Chung, Hong Kong.
DPI’s hallmark is its unique ‘integrated port management’ model, which brings together container terminals, other cargoes, free zones, infrastructure developments and consultancy services. Combined with its ‘common user’ status, DPI’s cross-sector expertise offers solutions in all aspects of port operations, ultimately driving efficiency and financial returns for its customers. DPI has successfully applied the management systems, developed at Port Rashid and Jebel Ali, to its global network of terminal operations. This enables its customers, to experience the same high level of service they have come to expect when their vessels call at Dubai.
With a flat management structure that is low on bureaucracy and high on entrepreneurial drive and flair, DPI is able to take a much longer-term view than its competitors. It invests in the infrastructure, facilities and people at its operations, to further enhance the customer’s experience and satisfaction, and increase trade. DPI can completely turn around the performance of ports, rather than just achieve small incremental improvements solely through better management practices.
DPI’s ability to deliver a superior level of service to shipping lines is reflected in the company’s performance, achieving double-digit growth annually since the company started operations in 2001. DPI achieved 26.5% growth year on year in 2004 across its network of operations. In the same year, the ports operated by Dubai Ports (DPI and DPA combined) handled over 8 million TEU, having averaged over 20% growth per year growth for the past three years. In 2005, the Dubai Ports portfolio is on course to handle over 12 million TEU.
DPI is set for further profitable growth through strengthening its customer relationships and by investing both in existing businesses and acquisitions. DPI’s investment in key projects such as the US$500 million construction of the International Container Transshipment Terminal at the Port of Kochi, India, the Busan Newport development in South Korea; and a new container terminal at the Port of Fujairah in the UAE, will add 14 million TEU of capacity to DPI’s global network over the next 5 years, in addition to the expansion plans at the home port of Jebel Ali.
DPI will continue to identify and secure competitive tenders for port operations that compliment its network and apply its management skills and techniques to every aspect of the business.
Country Dominican Republic
Caucedo Container Terminal
Puerto Cabello Container Terminal Cabello Container Terminal Country Germany
Germersheim Container Terminal Dpi Terminals Germersheim Country Romania
Constanta Container Terminal Constanta South Container Terminal Country Morocco
Tangiers Free Zone Tangiers Free Zone Country Saudi Arabia
Jeddah Container Terminal Jeddah South Container Terminal Country Djibouti
Djibouti Free Zone Djibouti Free Zone Djibouti Airport Djibouti International Airport Djibouti Port Management Port of Djibouti Country U.A.E.
Fujairah Container Terminal Fujairah Container Terminal Country India
Cochin Container Terminal Rajiv Gandhi Container Terminal Vallarpadam Container Terminal Project India Gateway Container Terminal Visakhapatnam Container Terminal Visakha Container Terminal Country China
Shanghai Logisitcs Facility Shaghai JIFA Yantian Logistics Facility ATL Yantian Hong Kong Logistics Facility ATL Hong Kong Hong Kong Container Terminal Hong Kong CT3 Hong Kong Container Terminal Hong Kong CT8 Tianjin Container Terminal Tainjin Orient Container Terminal Yantai Container Terminal Yantai Container Container Terminal Country Malaysia
It's a Big coorporation run by high paid excutives, many from America, but owned by seven Arabs who can do whatever they damn well please with their company whenever they damn well please. You are awed by these guys? You think filthy rich means trustworthy, maybe like Enron? If filthy rich ment trustworthy why is one of the richest Arabs in the world, from one of the richest Arab families in the world on our most wanted fugitive list?
So what's you point?
Think we don't know what you know?
Are you just sorry you don't have a piece of the pie?
Ever consider that the best way to destroy America might simply be to buy it? Apparently we are whores enough to sell ourselves, why shouldn't we be conquered and then destroyed that way. Incha Allah, Allah Akbar you all.
And by the way, tum apne apko lago.
U jas piss ovf U piss ant
Hey the more they own over here the less likely they are to tear it down.
Grow up we all know you can read and copy big words out of a book and do a pretty good job of typing them in.
Screw voting "to win." I vore my conscience. Maybe Anon has no conscience? I dunno. But I'm no cynic compared to that.
And vote your conscience and be proud of it, but what I'm saying is that is your one shot at changing things. Don't make yourself sick over things that you can't change.
It blows my mind how often people are against business. Business gives you your job, your life, everything you have and will ever have comes from business. Take it away and you are left with nothing.
Have a good day.
Treasury Secretary John Snow, who headed the federal review of the deal, was Chairman of CSX which sold its international port operations to DP Word for $1.15 billion just one year before Mr. Snow joined the Bush cabinet. It is becoming clearer and clearer as these little facts pile up.
Anon 3:17, actually I didn't copy
the phrase. If I had I wouldn't have mis-spelled the transliteration, now that I have check it out: Tum aapne aapko lago, ganduu.
And what was your point again?
Anon:3:30, that's called the Peter Principle, that everyone rises to their level of incompetence then stays there. What you say is correct, but it ain't right.
For the brazilianth time, then: GO THE H AWAY. You's da one dat's gettin' old!
"Hey the more they own over here the less likely they are to tear it down."
Anon the child:
"Hey lobo what level did your principle peter out?"
Somewhere around the googleplex level.
And, yer gettin' yer bitterness on my blog. Wipe it up.
"Most of the people that know me have no idea how much money I have or what level of education I have achieved," he said, bragging about his own humility. "I was raised not to brag," he added, lying to himself.