After reading that this morning about the Dubai deal, I'm thinking the Dems should surprise Georgie and agree to the sale under the condition that the government completely revise & enforce new security standards for ports of entry to the US. That's where the problem is and that's where we should focus.
With a little more research, I came across a couple of very troubling facts:
- according to a NYT article,
"The deal would transfer the leases for ports in New York, Baltimore and Miami, among others, from a British-owned company to one controlled by the government of Dubai, part of the United Arab Emirates. But the security of the ports is still the responsibility of Coast Guard and Customs officials. Foreign management of American ports is nothing new, as the role already played by companies from China, Singapore, Japan, Taiwan and trading partners in Europe attests."
http://tinyurl.com/l7ej3 = NYTimes
- this regime has totally failed in putting any safeguards in the deal, as reported by AP:
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." Text
http://news.yahoo.com/s/ap/20060223/ap_on_go_pr_wh/ports_securitySo, I still say the Dems should support this port deal from a business perspective with the following qualifications:
- the company who wants control of the ports cannot be owned by a foreign government. It's not the nationality that's the issue; it's the fact that it's a foreign government.
- strict safeguards must be in place as to who works on the ports. The work force must be mainly American, with hiring subject to the same -- if not stricter -- regulations as under the current British management.
That said, I think we still need to use this as an opportunity to show:
- how inept & secretive this regime is in making deals behind closed doors -- doors so thick that even the president & secretary of defense alledgedly can't get through them... (How much you want to bet that Deadeye Dick has the magic key...)
- how uninterested in security this regime is. They totally neglected to put safeguards in place. What do think this is...pre-9/11 days?
This makes the Republicans look like obstructionists against corporate deals and the Dems strong on security issues but pro-business...