This past week, we've seen an uproar over a UAE Company, Dubai Ports World, buying out P&O, a British company, which owns parts of as many as 23 ports in the US.
There have been questions brought up as to why the Bush Crime Family is allowing our ports be bought by a Kingdom which partook in the financing of Al Qaida and the attacks on this country on September 11, 2001.
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Although I'm not horribly bothered that the fear factor these bandits who run our government have used so effectively to win elections, is being used against them on this ports deal; I just think a much larger issue is being missed here by Democrats and Progressives.
Why are these ports even being sold to any foreign corporations, or corporations in general?
The Bush government can only pay for about 70% of it's daily expenditures. That means roughly 30% of what it takes to keep the government running is borrowed money. It's debt. A debt that other countries are buying.
But what are these countries doing with our debt? They are using it to buy up American assets. What good is a government note, when you can trade that in for actual assets, with higher returns?
A little mentioned fact is that Communist China owns a shit load of our US ports also. Hell, China is a country that has actually threatened to use nuclear weapons against us.
This country is going broke, and we are liquidating our assets to pay off debt. We can't continue to run our government on borrowed money. We definitely can't continue selling off our assets to pay down parts of our debt.
National Security is a concern when it comes to this DP World port deal. The security of our nation's assets is at stake. On top of that, American tax payers are footing the bill for security on these foreign owned ports, while these multinational corporations take those profits back home. They avoid expenditures and reap rewards.
I would argue that US Ports should be a part of the commons. If "we the people" are paying for their security, then we the people should be the beneficiaries of that investment, not foreign countries and kingdoms.
Security concerns are just the tip of the iceberg when it comes to this port deal. The fact that our budget deficit is so out of control, and that so many countries own such a large portion of our debt, is the real crime that is occurring here. They have all of these US "Markers," and they are calling them in on the things that this country needs to maintain it's sovereignty.
The budget crisis coupled with the trade deficit, is the true national security breach to worry about. We can't continue to privatize the entire country, and then sell off the country to pay for our overspending.
This is the real issue when it comes to the port deals. Progressives and Democrats have a phenomenal opportunity right now, with the majority of the country in agreement that this port deal is bad, to not play so much on the fears that have been instilled on the American public, but rather to focus this argument on a variety of conservative policies that have deteriorated the standard of living for the majority of working class Americans.
Free trade = good paying jobs gone over seas.
Tax cuts for the rich = enormous debt for the country.
Privatization = US assets being sold to foreign companies.
Ownership society = Other countries reaping rewards of our investments.
Conservative Economics = Debt for our children, grandchildren, and their children.
This port deal has the attention of the masses. It just needs to be used to attack the entire conservative agenda.
This my friends, should be the battle plan going into the '06 and '08 elections.