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Started By
Message
Posted on 3/5/25 at 8:55 am to Geauxgurt
quote:
Trump helping the rich get richer and get more control? Oh my. Color me shocked.
yeah, should've let the Chicomms buy them. Idiot.
Posted on 3/5/25 at 8:58 am to slidingstop
If there is ever a problem with the port, BlackRock's military should be no match to the US military. Much different than a conflict with the Chinese.
Posted on 3/5/25 at 9:00 am to RogerTheShrubber
quote:
Panama controls the canal. We are talking management of two ports ALONG the canal and you dipshits keep believing retarded influencers.
This is what i'm talking about. You are so triggered over anything Trump that you let logic slip away in favor of your emotions.
China has influence over the canal, dipshit. With the 2 ports. The canal itself, is "managed" by panama, but China has been building roads and been responsible for upkeep around the canal via the Belt and Road Initiative. Thus the calls for years for deepening of the canal that Panama isn't doing and China is not doing either, because they aren't as affected by commerce as the US at these ports. This is easily found via a simple web search, or just clicking on the links I provided you.
Now despite all of this, even common fricking sense should tell you that if China owns the ports on either side of the canal, then they control the canal. Ships pay port fees at the entrance, but you're TDS riddled brain is only focused on the strip of water? Are you legitimately retarded?
Go hop on your tour bus, because you are incapable of rational thought.
This post was edited on 3/5/25 at 9:03 am
Posted on 3/5/25 at 9:02 am to 98eagle
quote:
If there is ever a problem with the port, BlackRock's military should be no match to the US military. Much different than a conflict with the Chinese.
And this black rock conglomerate will not charge American vessels absurd port fees like the Chicomms, but don't tell that to roger. To him, port ownership on either side of the canal has nothing to do with the actual canal itself.
Posted on 3/5/25 at 9:02 am to BugAC
quote:
This is what i'm talking about. You are so triggered over anything Trump that you let logic slip away in favor of your emotions.
You mean the fact he lied to you and you idiots believed him?
Despite all the information being 10 seconds away on the internet?
Trumps not the problem. Hes a populist and will say anything to excite the retards. Its the rubes like yourself and everyone else in this thread who believe him while being totally ignorant of the issue.
quote:
that if China owns the ports on either side
Manages. There are multiple ports not managed by China along the port.
You need to stop posting and do a little research.
This post was edited on 3/5/25 at 9:04 am
Posted on 3/5/25 at 9:04 am to Geauxgurt
quote:
Trump helping the rich get richer and get more control?
In a global sense … yes. The US controlling the Panama Canal will help the rich (US) get richer. Also, it is useful to understand that the majority owners of BlackRock are US citizens with 401(k) and retirement accounts.
Posted on 3/5/25 at 9:04 am to RogerTheShrubber
quote:
You mean the fact he lied to you and you idiots believed him?
No, i mean the fact you refuse to debate my posts and focus on 1 sentence, and not the paragraph of factual evidence that refutes your entire opinion.
quote:
. Its the rubes like yourself and everyone else in this thread who believe him while being totally ignorant of the issue.
Says the guy who thinks that control of the ports at either end of the panama canal does not hold any influence over the canal. The canal is just a waterway dipshit. Fees are assessed at the ports. Who is in control of the ports? You are seething because Trump. That is all. Go hop on your tour bus, fella.
Posted on 3/5/25 at 9:06 am to RogerTheShrubber
quote:
Manages.
idiot
quote:
There are multiple ports not managed by China along the port.
Where are they? How many? What size? How many berths? What size ships do they accommodate? Which ports are the primary ports of use in the canal?
I'll wait.
Posted on 3/5/25 at 9:10 am to BugAC
quote:
And this black rock conglomerate will not charge American vessels absurd port fees like the Chicomms,
Jesus, youre embarrassing yourself here.
All ships pay the same fees. US traffic is like 75%, so of course we bear the brunt of the expense (Commercial traffic, not military which doesnt pay fees.)
China had zero control over the canal or its fees.
Posted on 3/5/25 at 9:11 am to BugAC
quote:
No, i mean the fact you refuse to debate my posts
Because they are infantile and wrong.
Youre embarrassing yourself.
Posted on 3/5/25 at 9:11 am to Geauxgurt
quote:Who else did you think might buy it? A group of middle class people who all pitch in?
Trump helping the rich get richer and get more control?
Posted on 3/5/25 at 9:12 am to BugAC
quote:
Says the guy who thinks that control of the ports at either end of the panama canal does not hold any influence over the canal.
this is correct.
In fact the same company manages various ports around the world, as does Blackrock.
Posted on 3/5/25 at 9:17 am to RogerTheShrubber
quote:
RogerTheShrubber
Since you are slow at this...I mean, this was really easy to find on the internet. Maybe you are searching DU for your talking points.
BlackRock to take control of ports in Panama Canal from Hong Kong firm as US worries over Chinese influence grow
quote:
BlackRock, the world’s largest asset manager with a portfolio of investments valued at $11.5 trillion, has agreed to purchase majority stakes in ports on both sides of the Panama Canal from Hong Kong-based CK Hutchison in a multipart transaction worth $22.8 billion,
quote:
The deal would shift control of the strategic ports of Balboa and Cristobal into American corporate hands, a move that aligns with the Trump administration’s concerns over foreign influence near the canal.
quote:
While Panama retains full sovereignty over the canal itself, the presence of Chinese-controlled ports has been flagged as a potential security risk by US officials.
Earlier this month, Panama decided not to renew its participation in China’s Belt and Road Initiative (BRI), becoming the first Latin American country to exit the program.
Port of Balboa
quote:
Balboa is the Pacific-side port of the Panama Canal. The port has a dry dock in Panamax size (even the gates have a construction similar to that of the locks of the Panama canal). In 2012, Balboa was ranked the busiest container port in Latin America.[1]
Balboa has a multimodal (ship-to-train) terminal, called the Pacific Terminal, connected to Colón by the Panama Canal Railway. This allows transportation of containers by train across the isthmus. The railway also runs a passenger service between Panama City and Colón, once a day, each way.
LINK
quote:
2. Port of Balboa (Roosevelt, Panama)
quote:
The recognition for the development of Balboa dates back to the year 1997. However, the modern container operations come from the late 2000s. At present, the port of Balboa extends over an area of more than 150 hectares. However, the authorities have another 100-hectare plan for expansion.
Despite the conventional size, the Balboa terminal handles 2.5 to 3 million TEUs. This capacity is up for expansion, taking the terminal to 6.5 million TEUs. Hence, the authorities plan to position it as one of the mega-container ports in the region.
quote:
A significant part of the current layout at Balboa comes from its time under the US regime. Hence, the facilities are on-point with the best in the world. The layout of the approach has drafts varying above 17.5 to 19 meters.
quote:
3. Port of Cristobal (Colón, Panama)
quote:
At present, it is one of the biggest and busiest in terms of international port calls in Panama. The facility is spread over an area of slightly more than 140 hectares for its operations.
quote:
Cristobal port has a total of 3700 meters+ alongside length for the berthing and cargo operations. This includes the berths for the additional container terminal and 6 general cargo ones too.
The freight handling points have multiple entrances with a single checkpoint. These have automation-enabled processes for freight measurement too.
More than 2,200 employees work at this facility, including internal transport. Unlike the traditional container terminals, Cristobal has a better road connectivity index. The facility also specializes in storing reefer cargo with 1400+ connections for stacking options.
Easily the 2 largest ports at the Panama canal and among the busiest in the world. But yeah, Chicom control has no impact.
This post was edited on 3/5/25 at 9:20 am
Posted on 3/5/25 at 9:24 am to BugAC
quote:
Easily the 2 largest ports at the Panama canal and among the busiest in the world.
None of the stuff you posted supports your idea that China controls fees and charges US carriers more.
Youre trying to defend the undefendable. China doesnt collect canal fees nor are the ports owned by Hutchison (Hong Kong company) a security threat to Americans.
Trump lied to you, now you are stuck trying to make sense of it.
Your corporate overlord Blackrock thanks you for the sweetheart deal though.
quote:
Keep in mind, the tax we pay for American ships to pass through Panama is outrageous, but yeah. Let's let China keep it. Great move.
You are getting dumber, dude. Much dumber hanging around this crowd.
This post was edited on 3/5/25 at 9:26 am
Posted on 3/5/25 at 9:25 am to BugAC
BlackRock is definitely better than China, that isn't even a question.
But that also doesn't make it good, either.
But that also doesn't make it good, either.
Posted on 3/5/25 at 9:29 am to Fun Bunch
quote:
BlackRock is definitely better than China, that isn't even a question.
But that also doesn't make it good, either.
This. Hopefully the bar is set higher than "better than China" in the future.
Posted on 3/5/25 at 9:32 am to RogerTheShrubber
quote:
None of the stuff you posted supports your idea that China controls fees and charges US carriers more.
Remember a few posts back where you were saying that these ports werent' a big deal because there are other ports in the area. Yeah, you got owned.
quote:
China doesnt collect canal fees nor are the ports owned by Hutchison (Hong Kong company) a security threat to Americans.
Wait, so you believe that large Chinese companies are given autonomy by the Communist party of China?
quote:
rump lied to you, now you are stuck trying to make sense of it.
He really didn't. I just gave multiple links from multiple sources and you haven't addressed a single one, just throwing out whataboutism. What's funny, is you believe that YOU, RogertheShrubber the tour bus driver in Juneau, is smarter than Trump, Rubio, Bessant, etc....
quote:
Your corporate overlord Blackrock thanks you for the sweetheart deal though.
Your communist and Democrat overlords thank you for coming to their defense.
quote:
You are getting dumber, dude. Much dumber hanging around this crowd.
From a tour bus driver, i take that as a compliment.
Posted on 3/5/25 at 9:34 am to Fun Bunch
quote:
BlackRock is definitely better than China, that isn't even a question.
Absolutely it is better. Much better port entry fees, and actual deepening of the canal itself now that US is in control may happen, which will allow for more shipping.
quote:
But that also doesn't make it good, either.
Blackrock is not my preferred business partner here. But it's infinitely better than the Chicoms. Roger disagrees.
Posted on 3/5/25 at 9:34 am to LaMigra
quote:From upper and middle class investors, you know, regular people.
Where the frick do they get all their money from to pull all of these massive deals!
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