UAE controled US seaports

[rodbolt]

whats the deal? good or bad?<br />can the UAE be trusted to remain friendly ?<br />should W and HLS back the sale ?<br /> will it be a UAE control or just a UAE corperate moneymaker?

 

[Holdimhook]

Re: UAE controled US seaports

It's the Golden Rule, folks! Them that has the gold makes the rules!

 

[rodbolt]

Re: UAE controled US seaports

the biggest question I guess I have is how come all that profit has been going overseas in the first place?<br /> I mean P&O wasnt doing it for free and as good a bestest buddy the UAE may be I dont see them doing it for free either. if the seaports are on US soil how come a US company isnt making the money and the tax dollars staying here ?

 

[ob]

Re: UAE controled US seaports

I may be way off here but here goes.I feel that the UAE is being considered for port security for political correctness/diplomatic reasons.Perhaps the logic behind it is that by allowing the US to get an Arab country directly involved in the business of helping the US protect its ports from any potential terrorists hits ,it will send a message of US/Arab/Muslim unity.Possibly risky but potentially helpful.Just my guess as I don't have access to all of the back room discussions that preceded the US considering contracting with the UAE.

 

[rodbolt]

Re: UAE controled US seaports

OB<br /> seems the ops are being purchased from a london based firm so the ops are already controled by an overseas intrest.<br /> I agree with your guess but its only a guess.<br /> I can see where it would be in the UAE's best intrest to prevent an attack on any of their facilities.<br /> however if its a lucrative business how come its not american based ?<br /> cash is like oil, there is only so much, the more that goes in a bank overseas the less we have.<br /> or maybe not.

 

[KaGee]

Re: UAE controled US seaports

http://forums.iboats.com/cgi-bin/ubb/ultimatebb.cgi?ubb=get_topic;f=20;t=013478

 

[jtexas]

Re: UAE controled US seaports

rodbolt, the Money Supply in the U.S. is measured, reported, and directly controlled by the Federal Reserve Board. They have two tools: interbank lending rates, and cash reserve ratio. Loosen it, and the money supply grows. Tighten and it shrinks. <br /><br />Example - say the ratio is 10%. You deposit $1000 in your bank. Your bank keeps $100 in reserve and loans $900 to me, which I deposit in my bank. My bank can loan $890 to Keith, which he deposits in his bank. His bank can loan $801 to OB. Your $1000 has become $3,591, and it'll be $10,000 before it's finished.<br /><br />Money Supply pretty much controls inflation...grow it too fast and you get runaway inflation...too slow and you get recession. The chairman of the FRB pretty much controls the money supply. Now you know who has the real power.