Thursday, March 09, 2006

Dubai threat to hit back

This should come as no surprise to anybody. My displeasure is directed at Michelle Malkin, BDP and a veritable host of other bedwetting conservatives who self righteously condemned the Dubai deal as a catastophic reduction of our national security. I expected hysterical rantings from disingenuous Democrats motivated by political expediency. What I hadn't counted on was the knee jerk internationophobic hyperventilation from the rank and file.

Well you wanted it, now your gonna get it. We're not talking about theory here, we're talking about the potential for real people to lose real jobs. We're talking about serious economic consequences for the United States in dealing with anyone in the Mideast or for that matter, any country having more than a token Muslim population. We're talking a strategic blunder not seen since the Carter administration. Take advantage of being stupid, fat and happy now because it ain't gonna last. The chickens are coming home to roost and there going to be laying nothing but big fat turds on your misguided hyper-protectionist dreams for a more secure America.

Dubai is threatening retaliation against American strategic and commercial interests if Washington blocks its $6.8 billion takeover of operations at several U.S. ports.

As the House Appropriations Committee yesterday marked up legislation to kill Dubai Ports World’s acquisition of Britain’s Peninsular and Oriental Steam Navigation (P&O), the emirate let it be known that it is preparing to hit back hard if necessary.

A source close to the deal said members of Dubai’s royal family are furious at the hostility both Republicans and Democrats on Capitol Hill have shown toward the deal.

“They’re saying, ‘All we’ve done for you guys, all our purchases, we’ll stop it, we’ll just yank it,’” the source said.

Retaliation from the emirate could come against lucrative deals with aircraft maker Boeing and by curtailing the docking of hundreds of American ships, including U.S. Navy ships, each year at its port in the United Arab Emirates (UAE), the source added.

UPDATE: Breaking: The CEO of DPW just made a statement reported by CNBC that DP may be willing to transfer the US ports to American control.

Fox confirms

Frankly, if I were DPW I would have told us to stuff it. We may come out of this without major damage but mark my words, this WILL leave a mark on our reputation internationally especially throughout the mideast. Countries will think twice about doing business with us as a paranoid leadership might put the kabash on any deal for any reason.

This was the height of short sighted reactionism and it will come back to bite us in the a$$, it's just a question of when.

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