I’ve criticized New York Senator Charles Schumer frequently on this blog, but I support his criticism of the Bush Administration for awarding an operations contract for New York City ports to a company from the United Arab Emirates. The New York Post reports:
The city’s ports, considered a major target of terrorists, are about to be taken over by a firm based in the United Arab Emirates, a country with financial links to the Sept. 11 hijackers.
Dubai Ports World is set to complete a $6.8 billion deal to purchase Peninsular and Oriental Steam Navigation Co., a London company that already runs commercial port operations in New York, New Jersey, Baltimore, New Orleans and Miami.
The contract is still under review, but the Post continues:
Democratic Sen. Charles Schumer urged the Bush administration to reconsider the sale.
“We should be very careful before we outsource such sensitive homeland security duties,” Schumer said.
Despite these concerns, the move has been given the stamp of approval by the U.S. Committee on Foreign Investment in the United States, an arm of the Treasury Department.
Not good.
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