2006/03/10

Dubai Ports World, The Harriet Miers of Shipping

So many juicy tidbits today.

Dubai Ports World has pulled out of the deal to run six of the US's container facilities. Check. We all know that. Halliburton has been mentioned as a possible replacement. Whoa, huh?!

The conspiracist in me encourages you to think about this in light of how the Miers/Alito circus was orchestrated.

11 Comments:

Aye, Miers/Alito. Exactly the dynamic I was thinking of.

Busted, down on bourbon street, set up, like a bowlin’ pin. Knocked down, it get’s to wearin’ thin.
well first of all i was horrified when i read your conspiracy theory. (you're probably right.)
then i come to leave a comment and i see that fred (just above me) quoted grateful dead lyrics to express his sentiment. God bless you fred, i am gonna go put in a Dead CD and forget all about my silly nilly problems.
(sigh)
Du-Bye! Of course there has to be a catch...Halliburton?

I dunno if the Dubai deal would have jeopardized national security or not. But when 3 national security agencies, the Coast Guard, Pentagon and DHS, say they have concerns, a secretive group at the Treasury Dept, CFIUS, only does a cursory investigation and some people at Treasury have connections to the company they're investigating, DP World is owned by a foreign government with alleged ties to terrorists, and nobody bothers to tell Congress about it until it's almost a done deal...well that bothers me!

And it sounds just a little bit too easy that DP World suddenly decides to pull out of its US interests, after spending $6.8 billion to acquire some of those interests, in order to save Bush? But maybe it's' just me?
P.S. I'm adding your link to my blog.
P.S. I'm adding your link to my blog.

Mucho appreciado, and welcome to our little pad.
Hi kvatch,

very excellebt analysis.

It is not beyond the realm of possibility that Rove orchestrated this along with Miers.
It would have to be another no-bid scenareo, woudln't it?
I swear to vishnu..if Halliburton gets the deal I will so come unglued...

From what i have read so far..Halli is the company best set up to handle it..oh yeah..screw us blue, tattoo us and then give us rotten security...their hallmark of doing business.
Quoth Norm Ornstein: "They have got a dilemma now, because there simply aren’t American companies that have the know-how and the breadth to do this."

How interesting. And repulsive.

Could that be because Halliburton, over the past decade or so, has biten off, chewed up and spit out so many of the smaller engineering and construction firms that presented any kind of competition to them? Or that this administration, rather than fostering competition and helping companies grow and BECOME the the types of companies that could be the domestic resources we need for work such as port management and security, allows non-competitive bidding, which in turn results in bloated fat companies with nothing to prove, and that don't answer to anyone. But their balance sheets. And the Carlyle Group.
...

Related, but not. AT&T is buying Bell South. Uh, wasn't the break-up of the AT&T monopoly seen as a good thing for America?
I swear to vishnu..if Halliburton gets the deal I will so come unglued...

Dusty, better get prepared. I have heard other rumros that it's KB&R.

Related, but not. AT&T is buying Bell South. Uh, wasn't the break-up of the AT&T monopoly seen as a good thing for America?

Anita, the consolidation is definately (re)occuring. Monolpoly ho! I posted on the AT&T acquisition here.
Halliburton may as well just officially become a government entity at this point. What would it be called? The Department of Opportunism?

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