Is Pres. Bush is showing wisdom to support the takeover of 6 US-main ports by an Arab Co.??

THE attempt by a group of US Congressman to block the takeover of six US ports by an Arab company is wrong >>said Bush & vowed that he will veto any legislation that stops this purely commercial transaction. The UAE company, Dubai Ports World (DPW) an established international port operator, is in the process of acquiring, for a friendly bid of $6.8 billion, the ports business of the British company P&O. As part of the deal, the Arab company would acquire the responsibility for running ports in New York, New Jersey, Philadelphia, Baltimore, New Orleans and Miami. Just in case that Dubai Ports World is barred from its management of US-ports what message the US rejection be to the Arabs & the World in general??1 We all know whole World know that (( The Arabian Gulf >> 6 Rich oil/Gas Arab states)) is generally awash with US-Military bases incl the 6th fleet and the US is awash with trillion-dollars of Gulf Arab money and investments >> also all the 6 Arab Gulf states were cooperating in the War of Terror especially Dubai Emirate .. but when it comes reciprocating on hallowed US soil, then its thanks but no thanks.Friendship cannot be a one-way street forever and it is surely about time the Arabs stood up for their own interests. Bigotry cannot be tolerated by decent ppl. and if the US Senate is determined to show a bad example, then America should suffer the consequences where it hurts most: IN ITS POCKETS. BTW: This small state called Dubai have a month ago signed a 30 billion $ Contract for a new Industrial Port in Saudi Arabia.

Asked By: alsahran_ye - 2/23/2006
Best Answer - Chosen by Asker
Well, first off, the company is owned by the UAE government, which, while I wouldn't exactly say is a close friend of the U.S., is an ally. Second, all the company is doing is taking over managing the ports -ownership will still belong to the various port authorities in each city. The managing of the port will not... More
Answered By: airedale260 - 2/23/2006
Additional Answers (11)
Well I think this company will comply with Homeland security... More
Answered By: stargazer2006 - 2/23/2006
No. He's a fool. He's tarring the whole Arab world with the same brush. The UAE is an alli of the USA.
Answered By: andyingreece - 2/23/2006
Don't you get it, they will pay to acquire, bring money from the Arab world to run it. They cannot take these ports to Arabia. In fact the asset will remain a US property without any liability on the US. The US can any day pass a legislation to recover the asset and freeze the funds. Get it.
Answered By: Iconic - 2/23/2006
No. He's let another moron in his cabinet get him in trouble and leave him looking like a moron as usual. Bush will go down in history as the Republican version of JIMMY CARTER...
Answered By: neparis2001 - 2/23/2006
I have no idea, one thing I was wondering, what the f**k were you talking about in you answer for me? The first person on the list was correct!
Answered By: goode_times_die - 2/23/2006
Stargazer2006 is so right. That was said the way I wanted it said, but I'm not so good with words. They are our allies and have helped us so much.
Answered By: bungiebabe - 2/23/2006
Its an odd thing to have the word " wisdom " in context with anything Bush does. Honestly I think our xenophobia regarding Dubai ties right into this forever war on terror that has mired us down into Iraq. You can't have it both ways... More
Answered By: planksheer - 2/23/2006
I disagree with a lot of what President Bush has done. But I think he is doing the right thing by supporting the deal to sell P&O to DPW... More
Answered By: sandislandtim - 2/23/2006
Answered By: O'Henry McWood - 2/25/2006
Yes, However Americans are concerned about plans to allow Dubai Ports World to manage operations at six major American ports. Indeed, many Congressional offices were flooded with calls and emails... More
Answered By: sam - 2/27/2006
Has he used any wisdom in all the other decisions he has made???????????????????????????????????????????
Answered By: soul child - 3/2/2006
Sponsored results
Over 483 Local Jobs Now Hiring In Your Area. $18-$87/Hr - Apply Today!
$45/hour Part-Time Job Openings. Requirements: Must Have Computer.
$45/hour Part-Time Job Openings. Requirements: Must Have Computer.
Jobs hiring near your local area. Part-time, Full-time, Work at home.

Other Career Questions

What is your current job? Why did you choose this job? What do you enjoy about your job? What do you dislike about your job? What would be your perfect job? Would you rather have this j...
3 answers - Asked By: drop pants not bombs!.♥ - 3/2/2010
Where are the jobs? Is productivity and globalization creating a permanent “recession” of jobs? My main issue is I am doing a paper for school and have no idea where to begin. I was hoping suggestions...
4 answers - Asked By: bayebd24【ツ】 - 11/21/2007
Hi ok im 19 and about to start college to do an acess course into a university. Ive been browsing through all the courses and im tottaly stuck! I thought politics but im scared ill end up with some r...
1 answers - Asked By: roseparkerly - 1/26/2009

Content is not owned or controlled by Monster. Any content concerns should be addressed with Yahoo!
Yahoo! Does not evaluate or guarantee the accuracy of any Yahoo! Answers content. Yahoo! Disclaimer.

Popular Articles

Best-Paying Work-from-Home Jobs Article Rating
It’s easier than ever to work from home. Of course, not every job is a mobile job, and some companies aren’t interested in having their employees work from home.
2013 Marketing Jobs Outlook Article Rating
The US may be facing another year of anemic hiring overall, but that won't be the case in the high-orbit world of multichannel, digital media marketing.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.1.40.24-312