[Congressional Record Volume 152, Number 24 (Wednesday, March 1, 2006)]
[House]
[Page H475]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
OPPORTUNITIES FOR AMERICAN COMPANIES
The SPEAKER pro tempore (Mr. Westmoreland). Under a previous order of
the House, the gentleman from Tennessee (Mr. Duncan) is recognized for
5 minutes.
Mr. DUNCAN. Mr. Speaker, this Dubai ports deal will probably go
through even though these types of contracts should be given to
American-owned companies. But the deal will probably be approved with
Congress passing some meaningless, feel-good limitations or
restrictions and increasing funding for port security.
The deal will probably go through because, one, it involves $6.8
billion and it is almost unheard of to stop a deal involving big money
like that.
Secondly, the President and the entire administration are pushing it
as hard as they can.
Third, the columnists and commentators are all piling on using words
like ``overreaction, racism and bigotry.'' Even though this is name-
calling, rather than discussing the merits, most elected officials are
going to do anything possible to avoid being called a racist or bigot
or even that they are overreacting.
There are legitimate national security concerns here. The United Arab
Emirates may be a strong ally now, but these things change. Our
government considered Saddam Hussein as an ally all through the 1980s
and supported him in a big way monetarily and in other ways.
While I am concerned about national security, my main concern about
this deal is economic. We have far too many foreign companies operating
our ports. These are some of the best and most lucrative contracts we
have. They should be going to American-owned companies. If we give all
these lucrative, big-money contracts to foreign-owned businesses, most
of the profits and most of the top jobs will go to people from those
countries. At some point we need to start putting our own businesses
and shareholders and workers first. After all, the first obligation of
the U.S. Congress should be to the American people.
It is also of some concern that this deal is not with a private
company, but with an organization owned or controlled by the Government
of the United Arab Emirates. Let me emphasize, I have nothing
whatsoever against anyone from any foreign country. I am certainly not
anti-Arab. I think it is sad that a British-owned company was running
these port operations, and I am not anti-British. I think we should be
friends with the Arabs and the British, and I believe we should have
trade with all countries. But I would want foreign countries to be
buying things from American companies and vice versa. And I would like
to see American ports, which are some of the most important
infrastructure assets we have, to be run and controlled but American
companies and American citizens.
I do not believe the Chinese or the Japanese or many other countries
would let us run their ports. And most of these contracts to operate
businesses on these ports are not advertised widely at all. Most are
sweetheart, insider-type deals. I believe there are many American
business people who would jump at the chance to do this business if
they just knew about these opportunities.
Let us start putting our own people first once again and stop giving
all this port business to so many foreign companies or especially not
to foreign governments.
____________________