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And, yes, I DO take it personally: What constitutes "undermining security...?"
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Wednesday, March 08, 2006

What constitutes "undermining security...?"

but there ain't nothing wrong with china owning nearly half of the u.s. treasury bonds now in issue...
The Bush administration will push ahead with a proposal to ease limits on foreign investment in US airlines, despite some congressional pressure to slow down the plan or withdraw it, Transportation Secretary Norman Mineta said on Tuesday.

The proposed regulation was opposed earlier this year by mainly Democratic lawmakers concerned about the impact on US jobs and airline service if global capital options for financially struggling domestic airlines were expanded.

But in recent weeks a few Republicans have begun to question whether the initiative is wise in light of the firestorm of controversy that has consumed plans by a Dubai-based company to manage six US ports as part of its multibillion-dollar purchase of a rival British firm.

Many Republicans and Democrats in Congress, as well as state and local officials who lease port facilities, are worried that giving a company owned by the United Arab Emirates management control of key US ports could undermine security.

i guess it all boils down to how you define "security..." it seems to me that there is precious little concern for ANY type of security, be it protection against terrorist attacks; the welfare of u.s. citizens in any form, from jobs to health care to paying a living wage to disaster response to citizens dying in an illegal war; the preservation of the middle class; or the health of the employers who have been its foundation; and a GREAT DEAL of concern with making sure that plenty of money is flowing into the RIGHT (i.e., well-connected republican) pockets...

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