Myths About American Ports

Dick Meyer identifies and debunks several of the "myths" surrounding the ports deal causing such a stir of late:

Myth #1: An Arab company is trying to buy six American ports.

No, the company is buying up a British company that leases terminals in American ports; the ports are U.S.-owned. To lease a terminal at a U.S. port means running some business operations there -- contracting with shipping lines, loading and unloading cargo and hiring local labor. Dubai Ports World is not buying the ports.

Several companies will lease terminals at a single port. In New Orleans, for example, the company Dubai Ports World is trying to buy (P&O Ports) is just one of eight companies that lease and operate terminals.

P&O Ports does business in 18 other countries. None of them are in righteous lathers about the sale of the business to a company owned by the United Arab Emirates. Dubai Ports World already operates port facilities all over the world, including such security-slacker states as China, Australia, Korea and Germany

Myth #3: American ports should be American.

Well, it's too late, baby. According to James Jay Carafano of the Heritage Foundation (a place really known for its Arab-loving, soft-on-terror approach), "Foreign companies already own most of the maritime infrastructure that sustains American trade…" Thirty per cent of the countries port terminals are operated by companies that are, um, unAmerican.

At the port of Los Angeles, 80 per cent of the terminals are operated by foreign companies. Chinese companies operate more than half the terminals. So why is this suddenly a threat?

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Myth #4: The United Arab Emirates has "very serious" al Qaeda connections...

Politicians have been quick to point out that two of the 9/11 hijackers were from UAE. And we're turning over our ports to them? Well, by that logic, we shouldn't let Lufthansa land in our airports or have military bases in Germany, because that country housed a bunch of the 9/11 hijackers as they were plotting....