Port Deal 'Pull Out' Is PHONY

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Thu, 9 Mar 2006 20:08:00 -0800 (PST)

Port Deal 'Pull Out' Is PHONY

 

 

 

 

Port Deal 'Pull Out' Is PHONY

 

 

 

Cheryl Seal

Port Deal 'Pull Out' Is PHONY - Dubai Will STILL Be Owner

Thu Mar 9, 2006 19:02

64.12.116.133

 

 

 

So we are all supposed to click our heels, grin and give Bush a big

ole thumbs up in the next approval poll because he tossed out a bogus

bone: The Dubai Port deal " pull out. " The Bushie media are spouting

this story as if Bush had " given up " and Dubai Port World had

withdrawn from the deal. But look again. DPW is only turning

operations over to an American holding company. They are STILL the

guys " behind the curtain. " This smells very much like a back rooms

deal worked out by Bush and his pals in Dubai/UAE. Just tell let

'em think they won - meanwhile, it'll be the same company, different

name on the door.

 

AP (A.merican P.ropaganda) and Reuters (Neo Con News) both immediately

cranked out misleading stories with even more misleading headlines to

aid Bush - their bilge was quickly picked up and smeared around the

world.[see my expose of these two sorry excuses for news sources later

this week] But fortunately, there are some publications where real

news can still be found. Here's the real story from Forbes:

" In what could be a last-ditch effort to salvage its deal to operate

East and Gulf Coast ports in the U.S., DP World told Congress that it

would agree to transfer control to a " U.S. entity, " which could simply

mean a subsidiary of the Dubai operation.

 

" In a statement, first read on the floor of the U.S. Senate by

Virginia Republican John Warner, DP World said the decision was made

to " preserve the strong relationship between the U.S. and the U.A.E. "

But in fact, it sounded suspiciously like a device carefully

crafted by DP World's huge team of lobbyists and lawyers to salvage

the deal in some fashion.

 

" The new entity is supposed to have an American board and American

managers, but the ownership was still questionable. Or, as New York's

Democratic Sen. Charles Schumer observed, " the devil is in the

details. " If DP World is in fact merely planning to put its U.S.

assets under a U.S.-managed subsidiary with oversight from a

U.S.-staffed board, it would be following in a long line of foreign

suppliers of defense technology to the U.S.

 

" This looks like a variant of that, " says Clyde Prestowitz of the

Economic Strategy Group in Washington. "

http://www.forbes.com/home/logistics/2006/03/09/dubai-ports-divests-cx_daa-0309a\

utofacescan12.html

 

Compare this to the intentionally vague and misleading AP crap:

 

http://www.signonsandiego.com/news/nation/terror/20060309-1223-portssecurity.htm\

l

 

Fortunately, not everyone in Congress is a clueless cluck. Rep. Peter

King (NY) wasn't so quick to swallow the bait and said he would

reserve any celebrations until he saw the details of the deal. And

he's wise to wait - one of the warning signs was Bush brown-noser

Bill Frist's too-quick observation: " This [alleged pull out of

DPW]should make the issue go away. "

 

http://disc.server.com/discussion.cgi?disc=149495;article=99558;title=APFN