A Blog For All - Comments - Keep it civil
I'm still dissenting on the hysteria over this development. There seems to be some guilt-by-association going on. Yes, banks in the UAE were used by terrorists to finance terror operations. So were German banks. So were British banks. So were American banks.
I'm not saying this should not be a cause for concern, but the Dubai-based firm would only be managing the equipment and workers that load and unload ships. Is that really any more of a security risk than letting a domestic firm hore illegal immigrants to perform those same jobs?
Meanwhile, while people get whipped into a frenzy over this, the southern border remains wide-open, and the ACLU sues to prevent any meaningful anti-terror measures from being enacted.
v the k:
I'm not in the frothing at the mouth category here, but I'm concerned because the feds claimed to do a thorough review, but never contacted the Port Authority of New York/New Jersey where one of these transfers were to take place.
While I'm reluctant to see this business being conducted by foreign companies, the fact is that a British company is already doing this business, so it's going from one foreign entity to another. My concern was that the security oversight wasn't managed appropriately.
You can add there there are no less than 4 Americans Managing the UAE Company in the head office, in Dubai....
I am with V the K, and I am a maritime professional and have been in ports in the US and the UAE. This is not a threat. There are others that the press is completely blind too. It's a shame considering that this story should have led them to it.
Fred Fry, you make an EXCELLENT point. The oil ticks don't do any actual work themselves if they can avoid it. They invest, and they let competent foreigners manage their investments.
Commenting by HaloScan
