Why the UAE will win

[Clara T]

Why the UAE will win

We seem to be incapable of wrapping our minds around the concept of "order" that our increasingly totalitarianism government is inflicting upon us. Even as we "high-five" our success at forcing Congress to back out of the Dubai deal, we fail to notice that the power brokers on both sides of this issue have not budged. And they will not. In its initial statement, DPW said transferring operation of the ports hinged on its not losing money on its $6.8 billion purchase of London's Peninsular and Oriental Steam Navigation Co. Otherwise, it would have no alternative but to promise to behave itself and continue to march.

Senate Majority Leader Bill Frist agrees. On Sunday, Frist said if no buyer is found and the Bush administration can't find any security risks, the deal for DPW to manage and operate U.S. ports could go through. "If everything that the president, the administration has said, and that is that there is absolutely no threatening or jeopardy to our security and safety of the American people ... I don't see how the deal would have to be canceled," Frist told ABC's "This Week."

There's no stopping them. With friends like Frist scurrying around in the shadows, and a media willing to distort facts and distract attention, this deal is a no-brainer. Yesterday, an e-mail surfaced from DP World telling managers in Miami that the sale of U.S. assets "could take a while," and for them to assume for now that "ownership...is not going to change." CNN followed up with an opposite-speak report this morning that DP World announced it would divest itself of all U.S. port assets. However, it has hired both a financial advisor and a legal advisor, and the deal will take some time -- possibly four to six months.

The UAE will win because of the Free Trade Agreement we are determined to have in that part of the world. It will win because, as Mike Whitney writes in Online Journal, "The United Arab Emirates is situated at the center of an oil-dependent world. This tiny state forms the promontory that juts out into the famed Strait of Hormuz through which 40 percent of the world's oil passes every day." Whitney says Iran is just across that strait and, if we're going to attack Iran, we must have boots on the ground in Dubai to keep the strait open and ward off the resulting devastation to world oil supplies and financial markets.

http://www.informationclearinghouse.info/article12359.htm

[ellenfl]

1. i don't doubt it will go thru. they are just waiting for us

to forget about it.

ellen fl

[mdmc]

2. forget about what