The Dubai Government has More Than Enough Other Opportunities To Own Part Of The U.S.

President Bush is still at argument about his claim that the DP World port deal was needed to "prove" some sort of "trust" to the Dubai government. Not only does this miss the security arguments of those who opposed the DP World deal, but there is more than ample opportunity for foreign interests to own U.S. industry.

97% of the U.S. sound recording industry is now foreign owned. 79% of commodity contracts as well as brokerage are foreign owned. 75% of the U.S. motion picture and related sound recording industry is foreign owned. 65% of U.S. metal ore mining companies are foreign owned. 64% of the motion picture video industry is foreign owned.

64% of the American winery industry is foreign owned. 63% of the database and related publishing industry is foreign owned. 63% of the U.S. book publishing industry is foreign owned. 62% of the U.S. concrete and cement industry is foreign owned. 57% of the electrical engine and transmission production industry is foreign owned.

53% of the U.S. rubber product industry is foreign owned. 53% of the U.S. nonmetal mineral industry is foreign owned. 51% of the U.S. plastics product industry is foreign owned. 51% of the U.S. insurance related industry is foreign owned.

50% of U.S. shipping container, as well as the boiler tank industry are foreign owned. 48% of the glass product industry is foreign owned. 48% of the U.S. coal mining industry is foreign owned. 48% of the U.S. sugar production industry is foreign owned. 47% of the nonmetal mineral mining industry is foreign owned.

41% of the U.S. advertising industry is foreign owned. 40% of the U.S. phamaceutical industry is foreign owned. 40% of the U.S. clay and similar products industry is foreign owned. 38% of the U.S. securities brokerage industry is foreign owned. 37% of the U.S. general equipment industry is foreign owned.

36% of the U.S. manufacturing of audio and video equipment and related media products industry is foreign owned. 36% of the U.S. mining related support industry is foreign owned. 32% of the U.S. cleaning products and soap industry is foreign owned. 30% of the U.S. chemical industry is foreign owned. 30% of the U.S. industrial equipment industry is foreign owned.

29% of the U.S. motor vehicles industry is foreign owned. 26% of the U.S. architectural and engineering related industry is foreign owned. 26% of the U.S. credit card and consumer credit industry is foreign owned. 25% of the U.S. petroleum refnery industry is foreign owned. 25% of the U.S. navigational and measuring equipment industry is foreign owned.

25% of the U.S. coal and petroleum manufacturing industry is foreign owned. 25% of the U.S. transportation equipment industry is foreign owned. 25% of the U.S. service and commercial equipment industry is foreign owned. 24% of the U.S. simple chemical industry is foreign owned. 24% of the U.S. investment banking and securities industry is foreign owned.

23% of the U.S. semiconductor and electronics part manufacturing industry is foreign owned. 22% of the U.S. paint, adhesive and related coatings industry is foreign owned. 21% of the U.S. printing related industry is foreign owned. 20% of the U.S. chemical product industry is foreign owned. 20% of the U.S. steel mill and iron ore industry is foreign owned. 20% of the U.S. construction equipment industry is foreign owned. 20% of the U.S. medical equipment industry is foreign owned.

4 out of five American workers actually saw their wages decrease last year according to CBS news.

In addition as high as 64% of major selected industry groups of products including clothing and other goods are imported products. The UAE produces clothing for the J.C. Penney company for example.

45% of the U.S. federal deficit is controlled by foreign bondholders, including Japan at $687.3 in U.S. bonds, China at $252.2 billion, U.K. at $184.4 billion, Caribbean banking centers at $102.9, Taiwan at $71.8 billion, Germany at $63.5 billion, South Korea at $61.7, OPEC at $54.6 billion, Hong Kong at $48.1 billion, and Canada at $47.8.

Mr. Bush may make the claim that no opportunity for the UAE government exists to own part of the U.S. so their "trust" can be somehow proven. Yet all real evidence is that the U.S. is probably the least "protectionist" of almost any world nation or state.