Critics say the outcry over the £3.9bn acquisition of P&O by Dubai Ports World, which will transfer the running of five US ports to a state-controlled Middle Eastern company, has exposed the US Congress at its xenophobic worst. But it has also revealed more starkly than ever the protectionist tide that is waxing in America under the guise of national security.
http://news.independent.co.uk/business/analysis_and_features/article347680.ece
Note: http://news.independent...

When Trudeau set up the Foreign Investment Review Agency, which was an anaemic rubberstamp any way, the CEO of Imperial Oil was quoted in the papers: "This move will hinder Imperial Oil from the acquisition of more Canadian businesses".
Good! Who needs them? Why should they acquire more Canadian businesses?
With bank deregulation, foreign investment became an outright fraud and colonization. It brings nothing to the country, especially to a country like Canada, it creates no jobs, its only purpose is exploitation and the control of the lives of others, thousands of miles away.
On this one I'm with the Americans and if anything, we should learn from it and also tell them to go home! In a friendly way, of course. Who needs outfits like the controllers of CN, Wendy's owning Tim Horton's and Weyerheauser et al, controlling the BC forest industry? When it was under Canadian ownership, it employed 90,000, now it is 40,000 and they are "proud" of it in TV ads.
Competition on the world markets ? It is the biggest fraud of them all. Stay at home, cooperate and exchange resources with others and build our own countries and societies.
Ed Deak, Big Lake, BC.
I dont know it is too farfetched to hope for some sort of self-reflection.
I for one fully believe that Canada should stand up for itself,and open our doors to other countries for trade.Why rely on just the US?
When a certain item costs $10 to make in Canada, but carpetbaggers can buy it in slave labour countries for $1. then sell it in Canada for $5. destroying local industries, it is not trade, but commerce and a cost transfer and theft.
The real costs to the Canadian economy will still be $10. or far more, on the long run, but this simple fact is covered up with phoney economic accounting that would ruin any business, but is still used by countries while they go downhill and into self destruction.
The real costs of products are constant and can not be cut, only transferred.
The original intention of free trade has always been the free movement of capital to be used as a tool of colonization and exploitation.
Like economics professor emeritus John Crispo said to David Orchard in one of their debates during the FTA fight in 1988: "It makes no difference who owns the country, as long as capital is permitted to move freely!"
Now, 18 years later we can see the effects. NAFTA was supposed to bring great benefits, the greatest to Mexico, yet it is Mexico that suffered the worst effects, with up to 70% of the population under poverty levels and tens of millions put out of work in the 3 NAFTA countries, but business and the stockmarkets are booming, reporting huge gains.
These huge gains are the results of theft through cost transfers. These are not the results of genuine "trade", but mindless commerce.
Ed Deak.
I have to agree with you Ed. This "Globalism" is nothing more then a sham to make huge corporations humungous. Profits must exceed in a quarter over the previous one or considered to be a poor success. The Americans lead the way but apparantly the success of their mammoths is only sanctioned on foreign soil. Germany and Holland follow suite and Canada is the supermarket for all. Like or dislike Trudeau, one has to admit he a least felt Canada was not to be owned by foreign interests. Canada has every resource to succeed independently accept for willingness.
---
Expect little from life and get more from it.