
Guilt by association. It is one of the oldest of human emotions. Terrorists killed Americans on 9-11. Two of those evil people came from Dubai. A bank there is likely the funneling source of some of the funding for the attacks. Therefore, a totally different company owned by totally different people that happens to be located in that same country, shouldn't be allowed invest in the US. Not only is this wrong, it's dangerous. Let me explain. Dubai is not Iraq. It is like comparing Detroit with Beverly Hills. Both are cities in the US, but very, very different. Dubai is one of the wealthiest countries in the world per capita, and much more conducive to successful business investments than what the typical American thinks of when they think of the middle east. To be frank, most businessmen from Dubai are probably more honest and better at business than most American companies.
This particular company specializes in this kind of operation and also has the capital necessary to pump in to this operation and make it more efficient and safer. Don't forget, this is still the US. The ports will be subject to US law, US law enforcement and oversight, taxes, jobs, etc. We need the foreign capital and the industry expertise. If we start disallowing foreign investments, especially from wealthy countries such as UAE, we will suffer in a painful economic way. We need to get over our uneducated, uninformed opinion that everyone and everything from the middle east is trying to destroy us. They're not. Many want to invest here, enjoy the benefits of free market economies. The US is an attractive place to put those investments because of our stability. We must stay true to our principles here. The more the world has invested in us, the less they have an incentive to hurt us, and the more they are likely to adopt free market policies. This gives hope and opportunity. Don't be ignorant. How would you feel if you weren't allowed to do what you wanted to do with your money because of your crazy uncle. It's not fair and it's not in the best interest of the economy, both our's and the world's.
M |