09 March 2006
ports and disports of Congress
So, the news for the last few weeks out of the City of Washington, the District of Columbia has been about who owns and who wants to own the commercial ports on the east coast of America.
Does the federal Constitution say that Congress owns them?
Does the federal Constitution say that Congress has the authority to delegate authority or control of any port to any corporation or even foreigners?
A corporation of Dubai, in which the the government of Dubai has some kind of interest, wants to purchase some authority over some American ports.
Why?
What is the purpose of the purchase that some foreign company wants to operate American ports?
All activity in the world is commercial; it's always about the money. Always.
What is the monetary value of exports and imports in each of the ports in play?
How much income* did the British company who operates the ports earn during their operation?
How much income* is the Dubain Government and the corporation likely to earn year over year?
How much taxes are they likely to pay, excluding exemptions?
N. B. Long ago the Supreme Court of The United States opined that in context of taxes, "income" means "profit"
Also:
Are there any other ports around America that are owned or operated by foreign companies and or governments?
A British company currently owns or operates all the ports currently in play that the Dubain company wants to own or operate.
Why did past Congresses, our elected senators and congress-men and women allow this to happen; and why was there apparently no up-roar by the members of the current Houses when this story was first revealed by the news media?
Ponder these questions with me.
That's all for now, thanks very much for reading.
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