Get this - Westinghouse is owned by the British and they want to sell it to the Japanese which in turn want to spin off some of the subsidiaries to the Chinese. Why? Nuclear technology.
Westinghouse is big into nuclear technology and the Japanese are as well. The Chinese want as much new and cutting edge stuff as they can get as they are playing catch-up ball with the rest of the developed world. They also want to build bombs and develope missiles systems to show everyone that they are not just a big odd-ball bully, but a real player on the international stage. Where is the outrage about this?
Where is all this going? Everyone has their shorts in a bundle over the United Arab Emirates buying 24 of our ports. We have over 300 port of entry locations. That means we have to control everything that comes into these port, especially containers. We aren't getting the job done now. Why not have someone that knows the business of containers and has a proven record of siding with the US on terrorism do the job? Containers are big business to the UAE. It's big business and money is the international equalizer. Besides this is about the business end of things and not the port itself for goodness sakes!
The UAE controls container shipping through out the world. It is one of the biggest assets of their business. It is in their business interest to have ports in this country. They ship into this country all the time along with every other country in the world.
The United States inspects about 5% of the total containers that enters this country. It doesn't make sense to make 24 ports a national emergency.
Is the UAE a worse threat than our open boarders?
Congress wants to investigate and wave their arms while they rant about our security. I have heard it all before and it's all about control.
This whole up-roar is just about politics. Just think for a minute about the billions of dollars that foreign governments pour into this country because they know that we are the last stable country in the world. So they buy bonds and they buy every capital asset that they can get there hands on. Westinghouse for example. They buy our down town buildings and our air ports and transportation systems. They buy our ships and bridges and colleges. They are everywhere!! How much should we worry about our ports? I'm not sure.
And it's not just the Brits and the Japanese, but the Russians, the Irish, the Dutch, the Swedes and many others that have extra capital that they want to secure for future use. Where else better to put it than the United States. We are the future.
We live in a global economy and if we actually knew how much of our land and companies are owned by foreign entities, we would have a different outlook on the UAE buying a few of out ports.
Keep in mind also, we have a bunch of gas stations and oil refineries in the this country that are owned by Hugo Chavez, a known communist that hates us with a passion.
The puppet masters are at work. The beat goes on -
Monday, February 27, 2006
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