[lbo-talk] REAL divestiture, or just an Enron style bookkeeping fraud?

Doug Henwood dhenwood at panix.com
Mon Mar 13 14:29:43 PST 2006


Marta Russell wrote:


>On Mar 11, 2006, at 1:24 PM, Doug Henwood wrote:
>
>>Marta Russell wrote:
>>
>>
>>>CONGRESS MUST ENFORCE DIVESTITURE OF ALL FOREIGN GOVERNMENT
>>>CONTROL AND OWNERSHIP OVER OUR PORTS
>>>
>>
>>Why?
>>
>>Doug
>>
>
>The arguments have been all over the media. Do you think this
>stance is based on hysteria?
>
>Small businesses and others are in need of sources of income here.
>Personally I think Americans should have these jobs -- and
>Halliburton should not get the contracts. I never understood why,
>for instance, the US contracts federal overseas jobs that could be
>going to unemployed disabled people in this country.

Yes I think it's based on hysteria. It doesn't really matter which capitalist "owns" the ports (actually it's a management contract - the ports are still owned separately, typically by quasi-public authorities). And most of the workers are Americans, and would stay that way whoever runs them.

Doug



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