Feb 21, 2006
The entire blogosphere and talk radio spectrum is in a giant kerfluffle over Dubai Ports World purchasing part of Peninsular and Oriental Steam Navigation, a British company. This means that an Arab company from a remarkably Western nation will be doing some operations in six ports that were previously done by a British company. Yes, the initial reaction of "THEY TOOK OUR JOBS!" or "Arabs running seaports?!?" are perfectly reasonable given the circumstances. But I, along with others don't think this deal is a huge problem. In fact, it's almost completely none of our business. So an Arab company wants to buy a British company that does some work in the United States? So what? The same people are providing security at the ports. The same people are doing the union labor at the ports. It's not like Dubai is going to ship in thousands of Islamists to guard shipping containers. BFD.
at 7:48 PM