If you have been following business news lately you surely have heard about Dubai-based Dubai Ports taking over global port giant P&O. Pretty impressive stuff for Dubai.
The US Congress is not happy about the deal and some senators are trying to stir up a scare about an Arab company ‘running’ some US ports.
Guess who’s one of those senators: Hillary Clinton!
Interesting fact: US President Bush is actually FOR the deal. He said he will veto any congress decision to block the deal.
Some US ports are starting to take legal action against the deal. Dubai Ports is wisely delaying the takeover of the US ports to allow for more explanation of the deal in the US.
Reason magazine is running an article supporting the deal and exposing the bogus position of the senators and some other scare stirring bloggers.
Reason: Dubai or Not Dubai: How a bogus security panic is alienating an ally and endangering our country
So, in the end, what we are telling Arab moderates in no uncertain terms is that it doesn’t matter what they do; what matters is what they are. After all our posturing about the hypocrisy of Arab and Muslim moderates who haven’t stood up to Middle East extremists, it turns out our only reward for the people who do take a stand is a mix of distrust and contempt. The Dubai Ports World controversy is a perfect example of such a reward. And that, in the end, will most likely end up costing us more lives.
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