Tuesday, February 28, 2006

Missing the Story

I've seen this story in many forms and all miss the main story. It's about how the Coast Guard raised security concerns regarding the port deal. Those concerns were addressed to the Coast Guard's satisfaction and the Coast Guard has no problems now.

Susan Collins of Maine "leaked" this document to the press to support her opposition to the deal. The story should be that Susan Collins is too dumb or has too short an attention span to realize that the document actually supports the deal.

If the press were really honest, somewhere in one of these stories, one might read this statement from the Coast Guard.

Press Release

STATEMENT BY COAST GUARD SPOKESMAN CMDR. JEFF CARTER ON COAST GUARD PORT TRANSACTION ANALYSIS

WASHINGTON - "What is being quoted is an excerpt of a broader Coast Guard intelligence analysis that was performed early on as part of its due diligence process. The excerpts made public earlier today, when taken out of context, do not reflect the full, classified analysis performed by the Coast Guard. That analysis concludes ‘that DP World's acquisition of P&O, in and of itself, does not pose a significant threat to U.S. assets in [continental United States] ports.’ Upon subsequent and further review, the Coast Guard and the entire CFIUS panel believed that this transaction, when taking into account strong security assurances by DP World, does not compromise U.S. security."

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