APFN-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
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World had withdrawn from the deal.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-0309autofacescan12.html
Compare this to the intentionally vague and misleading
AP crap:
http://www.signonsandiego.com/news/nation/terror/20060309-1223-portssecurity.html
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
http://www.johnkerry.com/index.html