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The great majority of our stevedoring and port services are contracted to foreign companies. China, Singapore, the UK, and France I think top the list. This is the price you pay as Americans for prying open the rest of the worlds markets in the name of free trade. Sooner or later we have to practice what we preach.
Of course, depending on the deal of the weak- if it's Japan buying our computer firms, China buying our oil companies, or the UAE buying our ports, the capitalists who own American firms will be playing on all your patriotic xenophobic impulses to support their interests, because its easier than actually being competetive in a global marketplace.
But, if they want to sell American scrap metal to China, or rice to Japan, or military hardware to the UAE, all of a sudden, they'll start getting you all to sing songs about free trade going hand in hand with democracy.
The 74-year-old Li, Asia's wealthiest businessman, was cited for the global reach of his Hong Kong-based ports and phones group Hutchison Whampoa Ltd (和計黃浦) and US$7 billion of investments in China.
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In China, his birthplace, Li has forged ties that have enabled him to become one of the most-populous country's biggest investors. "His influence is not visible, but he's one of those who do business with China," Lam said. "He's gotten his way."
Li, born in southern China, has donated more than US$500 million for education and health care in Asia, Forbes said. That includes university and welfare facilities in China, according to the Web site of the Li Ka-shing Foundation.
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The Hong Kong tycoon's ties with China have sometimes been criticized. James Courter, chief executive of IDT Corp., said this week US government officials are concerned about "communist" influence on Global Crossing Ltd, a bankrupt communications network operator that Hutchison and Singapore Technologies Telemedia Pte agreed to buy.
Hutchison, which controls ports at both ends of the Panama Canal, also drew fire in 1999 from then-US Senate Majority leader Trent Lott, who alleged the company had links to the Chinese military. Hutchison dismissed the allegations.
The Energy Department's National Nuclear Security Administration is negotiating the Bahamas contract under a $121 million security program it calls the "second line of defense." Wilkes, the NNSA spokesman, said the Bahamian government dictated that the U.S. give the contract to Hutchison.
"It's their country, their port. The driver of the mobile carrier is the contractor selected by their government. We had no say or no choice," he said. "We are fortunate to have allies who are signing these agreements with us."
Some security experts said that is a weak explanation in the Bahamas, with its close reliance on the United States. The administration could insist that the Bahamas permit U.S. Customs agents to operate at the port, said Albert Santoli, an expert on national security issues in Asia and the Pacific.
"Why would they not accept that?" said Santoli, a former national security aide to Rep. Dana Rohrabacher (news, bio, voting record), R-Calif. "There is an interest in the Bahamas and every other country in the region to make sure the U.S. stays safe and strong. That's how this should be negotiated."
Flynn, the former Coast Guard commander, agreed the Bahamas would readily accept such a proposal but said the U.S. is short of trained customs agents to send overseas.
Contract documents obtained by the AP show at least one other foreign company is involved in the U.S. radiation-detection program.
"A company called Panama Ports Company, S.A., affiliated with Hutchinson Whampoa, Ltd. through its owner, Mr. Li Ka-Shing, currently maintains control of four of the Panama Canal's major ports....Panama Port Company is 10 percent owned by China Resources Enterprise, the commercial arm of China's Ministry of Trade and Economic Cooperation."
Senator Fred Thompson (R-TN) has called China Resources Enterprise "an agent of espionage -- economic, military, and political -- for China." He also has observed that CRE has "geopolitical purposes. Kind of like a smiling tiger; it might look friendly, but it's very dangerous." The same might be said of Li Ka-Shing, who has been closely linked with the Chinese government, including the People's Liberation Army and intelligence services.
Among other companies, Li is also the principal owner of the Panama Ports Company and China Resources Enterprise which collectively control four major ports at the eastern and western entry points to the Panama Canal. In a recent hearing before the Senate Committee on Foreign Relations on U.S. interests in the Panama Canal, a former Chairman of the Joint Chiefs of Staff and Chief of Naval Operations, Admiral Thomas H. Moorer (USN, Ret.) raised an alarm over Hutchison's role -- and that of the Chinese government -- in Panama. As Adm. Moorer put it:
...There's far more going on [in Panama] then meets the eye. A company called Panama Ports Company, S.A., affiliated with Hutchinson Whampoa, Ltd. through its owner, Mr. Li Ka-Shing, currently maintains control of four of the Panama Canal's major ports. Now, Panama Port Company is 10 percent owned by China Resources Enterprise, the commercial arm of China's Ministry of Trade and Economic Cooperation.
Adm. Moorer added:
Hutchison-Whampoa controls countless ports around the world. My specific concern is that this company is controlled by the Communist Chinese. And they have virtually accomplished, without a single shot being fired, a stronghold on the Panama Canal, something which took our country so many years to accomplish -- [that is] the building and control of the Panama Canal -- along with military and commercial access in our own hemisphere."
Just What Is China Resources Enterprise?
On 16 July 1997, Senator Fred Thompson (R-TN) was quoted by the South China Morning Post as saying that China Resources Enterprise acts as "an agent of espionage -- economic, military, and political -- for China." He also has observed that CRE has "geopolitical purposes. Kind of like a smiling tiger; it might look friendly, but it's very dangerous."
On September 13, 2004, the Department of Homeland Security (DHS) announced the recipients of the fourth round of port security grants. Premier Yachts, Inc., a private for-profit company with revenues of $40 million in 2003, was awarded three port security grants totaling $208,100. Premier offers "fine dining and entertainment cruises" through its Odyssey, Mystic Blue, and Seadog Cruises in Boston, Chicago, and Washington, D.C. Nothing like wining and dining at the taxpayers’ expense.
The National Nuclear Security Administration, which is an Energy Department agency tasked with strengthening nuclear security worldwide, is negotiating the Bahamas contract under a $121 million program it calls the "second line of defense." Wilkes, the NNSA spokesman, said the Bahamian government dictated that the U.S. give the contract to Hutchison.
"It's their country, their port. The driver of the mobile carrier is the contractor selected by their government. We had no say or no choice," he said. "We are fortunate to have allies who are signing these agreements with us."
Originally posted by dawnstar
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coast to coast had someone on it last night talking about this. Noory was going on about how this would be the last nail in bush's coffen just about...
Originally posted by jsobecky
How can so much anti-Bush sentiment live in people's minds?
Did you folks read the same article that I did?
It is the Bahamian gov't that is insisting that the deal be awarded to the Chinese, not Bush. The question is, should we allow them to have control over our business deals, and/or what can we do to change their demands.
Now how can you blame this on Bush? Your partisanship is eating you up from the inside out, to the point where you react like Pavlov's dog to anything that involves our gov't.
Originally posted by jsobecky
Now how can you blame this on Bush? Your partisanship is eating you up from the inside out, to the point where you react like Pavlov's dog to anything that involves our gov't.
Originally posted by dawnstar
and, I am not blaming just bush. or just the republicans. the ball started rolling onthis one during the clinton administration!! can't blame bush without blaming clinton, if you're gonna blame them, well, you might as well also look at those who've been in congress for decades, since they more than likely know about everything that is going on and they are susposed to be overseeing the president and his administration.