Most US Ports are owned by foreign governments or private entities. Foreign-based companies own and/or manage over 50% of US port terminals. Over 80% of the terminals in the Port of Los Angeles are run by foreign-owned companies, including the government of Singapore. In fact, APL Limited, controlled by the Singapore government, operates ports in Los Angeles, Oakland, Seattle and Dutch Harbor, Alaska. Chinese government-owned companies control terminals in the Port of Los Angeles and other West Coast ports, as well as both ends of the Panama Canal.
Nationalizing the ports is an excellent idea and should have been done a long time ago. If people are trafficked in cargo containers and we have every reason to believe they are then it's being done because these ports are private and allow it. Biden has literally no reason to nationalize ports so the very fact that he's regulating is odd.
Totally agree with you on all of these points. I might up the times 10 to a hundred.
Kim Dotcom (who I am not a fan of) recently posted a lengthy thread. My takeaway, because most of what he posted I've known for years, was a very curious statement. He said the US was broke and could NOT afford to pay it's military. That was a very curious, specific statement. What if the US claims broke status and then some "foreign" power (ie, C_A) swoops in to "takeover"?
Strange times indeed.
(post is archived)