Tuesday, February 28, 2006

UAE And Ports Control

This is a mess that won't die. Thank gawd it won't because there's too much at stake.

Republican congressional leaders had hoped to curtail bipartisan outcries over a United Arab Emirates-based company's pending takeover of some U.S. port operations by brokering an agreement for a new investigation of the deal's potential security risks.

Then came the disclosure that the
U.S. Coast Guard had raised concerns weeks ago that, because of U.S. intelligence gaps, it could not determine whether the UAE company, DP World, might support terrorist operations.

"If this isn't a smoking gun," Sen. Charles Schumer (news, bio, voting record), D-N.Y., said, "it shows that there may be one undetected" by the multi-agency panel that approved DP World's proposed purchase of London-based Peninsular & Oriental Steam Navigation Co. The panel signed off on the deal without doing a 45-day investigation into security implications, which critics say the law requires. (emphasis mine).

Are you surprise? Another law completely ignored?

I have to admit, we might find life very interesting if everyone can make their own rules. Who needs rule of law? Anarchy now!

(read more)


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