Partial Port Abortion?

If this Bill were to be passed.........

February 27, 2006
Menendez, Clinton Introduce Bill to Ban Foreign Government Control of U.S. Ports

Lautenberg, Boxer and Nelson Join Bill Blocking Dubai Deal

Washington, DC – United States Senators Robert Menendez and Hillary Rodham Clinton, joined by Senators Frank R. Lautenberg, Barbara Boxer and Bill Nelson, today introduced legislation to ban companies owned by foreign governments from controlling operations at U.S. ports. The bill would block the pending sale of U.S. port operations to Dubai Ports World, a company owned by the government of the United Arab Emirates.

The bill also requires the president to conduct a study on existing foreign government-owned companies operating in US ports, and make recommendations to the Congress on how to appropriately handle any resulting national security risks within 30 days after the law’s enactment.

http://clinton.senate.gov/news/statements/details.cfm?id=251923&&

... Then what would happen to these port operations....?????

At the massive Port of Los Angeles alone, 80% of the terminals are run by foreign firms. And the U.S. Department of Transportation says the United Kingdom, Denmark, Hong Kong, Japan, South Korea, Singapore, China and Taiwan have interests in U.S. port terminals.

In Los Angeles, port spokeswoman Theresa Adams Lopez says, foreign operations include Yusen Terminals Inc., a subsidiary of Japanese shipping giant NYK Line, established in 1885.

The Port of Seattle has five container terminals. Three are run by U.S. companies, one is managed by a South Korean company, and the fifth is managed by a company partly owned by the Singapore government.

The Port Authority of New York and New Jersey owns five primary cargo terminals, three of which are run by foreign firms. The terminal that would be run by the Dubai-based company is operated in conjunction with a Danish firm. The terminal is leased to the two companies and is five years into the 30-year lease, port authority spokesman Steve Coleman says. The other two main cargo terminals in New York and New Jersey are run by the same Danish firm and by a Hong Kong-based company.

Loy says it's all an inevitable part of a global economy. "The notion that we should not have our ports operated by foreign companies is ludicrous, and indicates someone is not understanding how the global marketplace works today," he says. (who could he be referring to with that statement?, I asked myself)

http://www.usatoday.com/news/nation/2006-02-22-ports-flap_x.htm

GatewayPundit has more:

Hillary Has "Port Values" Except when it's Saudi Arabia or China