Time for Thorns

An independent view on life.

Chinese out of Long Beach…

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The Obama Administration happily signed a 40-year lease with Hong-Kong-based Orient Overseas International and the Port of Long Beach for control of our second largest and most automated container handling operation.   The deal was part of the Middle Harbor Redevelopment Program to fund a $1.5 billion expansion program.  That was in 2012.  When I said  “control”   I meant total control.   Can we say “national security nightmare” boys and girls?   It was.   It got worse when China’s  Cosco Shipping Holdings bought out OOCL.

Pres. Trump  forced Cosco  to sell out to Macquarie Infrastructure Partners for $1.78 billion.   Macquarie is an Australian Company so the security threat dropped drastically.   The left doesn’t seem to have noticed that the ChiComs have been kicked out,  but when it does,  it will likely add that to the long list of impeachable offenses which aren’t.

 

 

 

 

 

 

 

Written by timeforthorns

October 11, 2019 at 2:20 pm

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