Archive for the ‘Trade’ Category
The Great Ports Export
Frankly, I’m grateful that Dubai Ports World struck a deal to buy the London-based Peninsular & Oriental Steam Navigation Company which has control of six major U.S. Ports.We have not had an honest discussion on why we allow foreign companies – any foreign companies – to assume control of U.S. ports since 1998, when Sen. Jim Inhofe, R-Okla., and Rep. Duncan Hunter, R-Calif., blocked the Clinton co-presidents from leasing a 144-acre terminal at the former Long Beach Naval Station to the Chinese Ocean Shipping Company – a subsidiary of the People’s Liberation Army. This is long overdue! Read the rest of this entry »
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