UAE Onine News Org. Says Ports Deal Not Dead: UAE Finances U.S. Debt!! -->

[Dr. Jones]

BINGO! Now I know one possible reason why this is so damn important to Chimpy! If this deal doesn't go through, all his gross spending on his war of choice will crush the U.S. economy on HIS WATCH!! The question is, why do we have a country who has financed terrorism and harbored terrorists financing our debt? Do they have us by the balls or WHAT?

This article is STRANGE. After I heard that DP World relinquished its port operations to an American company, I checked around to see if this news was reflected in any UAE news outlets. What I found was pretty interesting. This article is dated TODAY. And DP World said "nothing has changed" and that they are "not at the point" where they would relinquish the ports deal. So what made them GET to that point?

And why is DP World the "savior" in this second instance, the first being when they "gave us" a 45-day extension to investigate? Why is a foreign company dictating American business and national security matters? Or is Bush himself SO wrapped up in trying to please and reward the UAE and SO wrapped up in his business deals that he has no compunction with making backroom deals with a shady state-owned and run company?

Something STINKS, and I'm not sure whether it's coming from the White House, the UAE, or BOTH.

Dubai Ports World presses on with port takeover
(Reuters)
9 March 2006

DUBAI - Dubai Ports World is pressing ahead with a takeover that gives it control of six major US ports despite a Congress committee vote to block the deal, sources familiar with the deal said on Thursday.

Government and company officials in the United Arab Emirates declined comment on Wednesday's vote by US lawmakers to block the deal on the grounds that handing the ports over to a Gulf Arab state-owned firm would threaten US national security.

But the sources said the vote had not taken Dubai Ports any closer to relinquishing the six ports at the center of a political firestorm. 'The vote in the House of Representatives has not change anything in that respect. We are not at that point,' one Dubai-based source said.

Analysts said the political furor was bound to provoke businesses in the world's biggest oil exporting region, which is an increasingly important source of financing for the huge US current account deficit. 'It's American double standards. Do you think that businesses and governments here won't react and even retaliate?' said Wadah Al Taha of the National Bank of Abu Dhabi.

Source: http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2006/March/theuae_March303.xml§ion=theuae

[Dr. Jones]

1. self-kick - added comments

:kick:

[Coexist]

2. lovely.

[Just Me]

37. But but but,....the CM keeps telling us it's a "dead deal".

:eyes: Oh, there is so much wool being produced.

[phoebe]

3. self-delete

n/t

[Karenca]

4. kick ... n/t

[Minnesota Libra]

5. Everyone at DU – Wake up - Bush has NOT given up yet, this....….

......deserves a :kick:

[RazzleDazzle]

40. I haven't been celebrating at all -- I knew there would be some

un-reported facts and details.

I thought it was very strange that Warner was the one to announce it to start with. In all the world, Warner, who was already a Bush admin cheerleader on the deal.

[Minnesota Libra]

6. LINK ISN'T WORKING RIGHT - HELP - - nt

[stop the bleeding]

8. here is a working link

Dubai Ports World presses on with port takeover

[Ilsa]

11. Rats. Neither link is working for me. any ideas? nt

[stop the bleeding]

12. I don't know what is happening with the link

- one minute it works and the next it doesn't

[stop the bleeding]

18. Now it is working I promise

:9

[file83]

48. Here's another link just in case....

...Dubai Pressing Ahead with Ports Deal

[leftchick]

26. here is a snip...

Dubai Ports World presses on with port takeover
(Reuters)

9 March 2006



DUBAI - Dubai Ports World is pressing ahead with a takeover that gives it control of six major US ports despite a Congress committee vote to block the deal, sources familiar with the deal said on Thursday.


Government and company officials in the United Arab Emirates declined comment on Wednesday's vote by US lawmakers to block the deal on the grounds that handing the ports over to a Gulf Arab state-owned firm would threaten US national security.

But the sources said the vote had not taken Dubai Ports any closer to relinquishing the six ports at the center of a political firestorm.

'The vote in the House of Representatives has not change anything in that respect. We are not at that point,' one Dubai-based source said.

Analysts said the political furor was bound to provoke businesses in the world's biggest oil exporting region, which is an increasingly important source of financing for the huge US current account deficit.

[leftchick]

28. another snip from the end

Dubai Ports officials said they were pushing ahead with plans to integrate British ports group P&O which runs the US ports. A Dubai Ports spokesman said the company would soon announce the de-listing of P&O now that shareholders had approved the $6.8 billion takeover.

Dubai Ports Chairman Sultan Ahmed Bin Sulayem and Chief Executive Mohammed Sharaf fly to London this week to discuss integration of the two companies which make up the world's third largest ports group.

'We are evaluating the situation,' Bin Sulayem said.

The UAE is a close ally of Washington and a frequent port of call for American warships. Concerns are growing that the fallout from the ports row will affect US economic ties with the Gulf.

UAE Economy Minister Sheikha Lubna Al Qassimi said last week the furor could prompt other countries to divert funds away from the United States.

[Just Me]

7. As I stated earlier, the BFEE probably offered to create a shell,...

,...company so that Dubai will still get the benefits of the deal.

[wordpix2]

25. Carlyle Grp-Halliburton-KBR-Big Oil clusterfuck, I tell ya

[Just Me]

27. Or, they could just make one up,...still controlled by Dubai but with an,.

,...American facade. It's easy as hell to create an American company,...you and I could do it.

This deal is not dead. There is no evidence whatsoever that Dubai isn't going to get this deal. NONE!

[Just Me]

33. Well, lookie here,...CARLYLE GROUP DIRECTLY TIED TO DUBAI

INTERNATIONAL CAPITAL!!!

http://www.dubaiic.com/portfolio.htm

Bad, bad, bad, bad BushCO!!!! Tsk Tsk Tsk!!!

[Just Me]

9. I'm nominating. That IS one freakin' strange article!!!!

:wow:

[stop the bleeding]

10. **************Link not working - Here is one that is *********

Dubai Ports World presses on with port takeover

I don't know what is happening with the link - one minute it works and the next it doesn't

[stop the bleeding]

14. self delete

[stop the bleeding]

15. self delete

[Marie26]

16. It's been moved

This link works: http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2006/March/theuae_March303.xml§ion=theuae

[stop the bleeding]

17. cool - thank you I updated my posts n/t

[Minnesota Libra]

19. ATTENTION EVERYONE this link works - hurry get article- they might......

......be in the process of trying to remove it. Hang on to it on hard drive just to be safe.

edited for clarity: the above link works.

[NastyRiffraff]

47. Did a screenshot, saved to hard drive Thanks! n/t

[in_cog_ni_to]

13. Dubai, China and Japan OWN us.

:(

[pinto]

20. My take: Bushco and the UAE took a long look at their "big

picture" - the massive defense contracts with the UAE, military staging facilities, etc. - and in light of the clear intent of Congress, they decided losing a few millions in North American terminal contracts was a good trade off and a way to save face. I would assume the UAE "directed" DP World to divest N American operations. Nice little cover for Mr. Bush as well. He was going to get walloped in Congress over this. I agree, it's still not over and the devil's in the details, but financially it's a drop in the bucket to the UAE.

[wordpix2]

23. * no doubt gave his UAE puppeteers the old, "I didn't know" line

[Just Me]

24. Oh, I think Dubai is still in the deal.

They're just gonna' get some cover from BushCO.

[pinto]

32. I wouldn't be surprised, tell the truth.

[Just Me]

21. The other aspect, allowing Dubai to strong arm us, is the port for,...

,...our Navy ships. PNAC would be damaged if it loses those ports.

[wordpix2]

22. I sent this to KO

[seafan]

29. More from the end of the article:

The UAE is a close ally of Washington and a frequent port of call for American warships. Concerns are growing that the fallout from the ports row will affect US economic ties with the Gulf.

UAE Economy Minister Sheikha Lubna Al Qassimi said last week the furor could prompt other countries to divert funds away from the United States.

American businesses in the UAE warned on Wednesday that trade worth more than $8 billion between the United States and the United Arab Emirates could be in jeopardy.

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2006/March/theuae_March303.xml§ion=theuae


Wonder if this is the tipping point for the BFEE's carefully tended, decades-old garden of traitorous financial corruption that is destroying our country and its resources.

[stop the bleeding]

30. I HAVE SCREEN SHOTS IF NEED BE - the link keeps going out

and I am afraid that they are trying to move it or bury it.

[spanone]

31. Better link? Try this.

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2006/March/theuae_March303.xml§ion=theuae&col=

[w8liftinglady]

34. not working..try this?

http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/theuae/2006/March/theuae_March303.xml§ion=theuae&col=

[Just Me]

36. .

:kick:

[RobertSeattle]

35. Declare all of Iraq "A Port" and hand it to DPW

[The Backlash Cometh]

38. Stupid Republicans. It's like they painted us all in a corner, and it

was a paint by the numbers floor designed by our enemies.

[Just Me]

39. If they didn't have their greedy noses stuck so far up the butts of,...

,...super-wealthy corporacrats, our country and this world may actually have a damn chance at finding a path towards relative peace and stronger democracies.

How the hell can the Republicans claim "moral clarity" when their entire being and attention is ALWAYS drawn to greenbacks? These people are horrifying models for our kids and shameful representatives of our country to the world. They make us all look like stingy, greedy, barbaric monsters.

[RazzleDazzle]

41. And of course, the whole situation demonstrates PERFECTLY

why foreign port ownership is a HUGE national security issue. If they (UEA) can threaten to do us in economically because they get pissed with us, it's a HUGE national security issue.

[Just Me]

42. There's another aspect to this that should not be overlooked.

U.S. multi-national corporations have been exploiting countries around the world in much the same way EXCEPT if they don't get their way, somehow they manage to invoke U.S. Military activities.

The American people REALLY need to grasp an understanding of exactly how these heartless corporacrats have spread horrific economic oppression inflaming the hatred we see directed towards us from around the globe. That information gives new meaning to the events of 9/11.

[malaise]

50. That's because you assume

that national security means security of the American people. It has always been the security of corporations and their bidders - i.e. the alliance between the the economic elite, political elite and military elite.

The irony of the exposure re this port deal is that the anti-globalization and neo-liberal groups have demonstrated yet again that their position is correct.

[peacetalksforall]

43. March 9 in the morning could have been around our midnight last

night - there were over 12 hours to change things.

In any case, this is not over with. The UAE and Carlyle and Carlyle type groups of the privileged are going to make money - not us.

I wonder what union members are saying about all this.

[Disturbed]

44. DPW will still own 21 US Ports.

Everything else is a RW smokscreen.

BTW here are American companies that run American ports. Did they get to bid on this deal?

There are three U.S. companies -- Seattle-based Stevedoring Services of America; Oakland, Calif.-based Marine Terminals Corporation; and Elisabeth, N.J.-based Maher Terminals, Inc

[Just Me]

45. I heard that, the RW called our port workers, terrorists. Is that true?

:shrug: I mean, in the throes of this Dubai deal, it seems almost laughable that the RW would come up with something THAT STUPID!!!

[file83]

49. It wouldn't even surprise me if they are "saying" the deal is done

but in all actuality the deal is still moving forward as orignally planned. Like they are passing the rights over to a "US Entity" - which is really just a subcontractor that they will indirectly control anyways.

[Old and In the Way]

46. Swapping Petro-dollars for hard assets.

I imagine that the SA and UAE are sitting on a pile of illiquid dollars. No one wants 'em. If they dumped them, it'd cause a major depression on the dollar value. So this deal allows them to convert dollars to tangible assets. Bush and his Big Oil buddies are arranging the swap out. I expect to see more of our infrastructure sold off in the future.

[Nothing Without Hope]

51. So it's not dead, it's just gone subterranean. They think they can

have their media mouthpieces calm the sheeple again and resume business as usual. Well, why shouldn't they think that? They've done exactly that so many times already!

K & R

[cornermouse]

52. Do you know that Dubai had already bought CSX railway terminals?