SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : I Will Continue to Continue, to Pretend....
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sully- who wrote (17864)2/21/2006 5:30:47 PM
From: Sully-   of 35834
 
PENCE ON THE PORT DEAL

Kathryn Jean Lopez
The Corner

WASHINGTON, D.C. - U.S. Congressman Mike Pence (R-IN), chairman of the House Republican Study Committee, urged the Bush Administration to put a hold on a port contract that would shift control of port operations in six U.S. ports to a company owned by the United Arab Emirates.

"During ordinary times normal procedures for reviewing port security contracts might be appropriate, but these are not ordinary times," said Pence. "We are a nation at war, and to ensure the security of our nation's major ports the president should put a hold on this contract until it can be investigated."

The British-based Peninsular and Oriental Steam Navigation Co. (P&O) approved the company's acquisition by Thunder FZE, a subsidiary of Dubai-based Dubai Ports World. P & O directs commercial operations at the six U.S. ports. The takeover by Dubai Ports World means that it will be in charge of those operations.

Under federal law, the president has until March 2 to overrule approval grant by the U.S. Committee on Foreign Investment in the United States for DP World to purchase the London-based Peninsular and Oriental Steam Navigation, which has been running the commercial operations at ports in New York, New Jersey, New Orleans, Baltimore, Philadelphia and Miami.

And from now on I'll only tell you when someone is defending the port deal. Because that would be news.

corner.nationalreview.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News