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re: Thanks to Trump, BlackRock now owns the ports in Panama

Posted on 3/5/25 at 12:17 pm to
Posted by Thecoz
Member since Dec 2018
3965 posts
Posted on 3/5/25 at 12:17 pm to
“ this gives us a better rate and should save US consumers money.”

Not arguing against this statement. But curious as to why this will happen and where you saw these facts published.
Posted by RobbBobb
Member since Feb 2007
34286 posts
Posted on 3/5/25 at 12:22 pm to
quote:

They literally cant do anything if you choose not to use their ports.

Coming from a guy that thought there were more than 2 main ports in the canal? Its only 51 miles long. The rest are locks, dude
Posted by BugAC
St. George
Member since Oct 2007
57898 posts
Posted on 3/5/25 at 12:23 pm to
quote:

They literally cant do anything if you choose not to use their ports.



There is nothing logical or practical in your statement. We are the largest end user of the panama canal. The 2 ports Blackrock is buying is the largest ports in the panama canal. The next largest port is 1/2 the size of any of these 2 ports. So what's the other option, go around?
This post was edited on 3/5/25 at 12:24 pm
Posted by el Gaucho
He/They
Member since Dec 2010
59231 posts
Posted on 3/5/25 at 12:25 pm to
quote:

Where the frick do they get all their money from to pull all of these massive deals!

Your 401k

Also they buy up all the houses and make a lot of them section 8, so also your tax dollars
Posted by BugAC
St. George
Member since Oct 2007
57898 posts
Posted on 3/5/25 at 12:26 pm to
quote:

Not arguing against this statement. But curious as to why this will happen and where you saw these facts published.


We've been trying to negotiate with Panama letting our naval warships through without any fees. In addition, due to the current drought, the PC has long been in need of revitalization to allow for the newer larger ships to go through. The previous deal, had China and it's companies in charge of that expansion.
Posted by LegendInMyMind
Member since Apr 2019
75203 posts
Posted on 3/5/25 at 12:26 pm to
quote:

Blackrock is not "us."

They are part of the cause of why our economic system is so fricked up


The canal is owned by Panama. We're talking two parts that have no bearing on us.

It is interesting to watch the pivot towards one of the evils this board has railed against for a while now.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
71226 posts
Posted on 3/5/25 at 12:27 pm to
quote:

Wait… BLACKROCK is the good guy now?


No, but they pay taxes in America and employ Americans. Even if you consider them equal to Chinese communists, that distinction is a net plus for the US.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:28 pm to
quote:


Coming from a guy that thought there were more than 2 main ports in the canal?



There are 5 large and many more small ports (roughly 15) along the canal. In addition to the two in question...



Manzanillo



Colon



Panama Intl

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:29 pm to
quote:


There is nothing logical or practical in your statement



You thought China collected canal fares.. What a choad.

You just cant admit you were lied to.. and dumb enough to believe it.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:31 pm to
quote:

“ this gives us a better rate and should save US consumers money.”

Not arguing against this statement


It will have zero effect on the canal fee.



None, whatsoever.
Posted by BugAC
St. George
Member since Oct 2007
57898 posts
Posted on 3/5/25 at 12:32 pm to
quote:

You thought China collected canal fares..


I'm glad you are keeping up with this. Because, in fact, they do.

So what happens to one of these panamax ships that are too large are have too big of a draft to navigate the canal? What happens to all those shipping containers? They are offloaded. Where are they offloaded, jackass? That's right, the 2 largest ports of entry. They are then shipped by road and by rail (both built, maintained, and operated by China) to the next port to then be loaded back onto the ship after it makes passage, or onto different ships. Which port receives those goods to then be loaded onto those ships? That's right the other port China owned. DO you sincerely believe Chinese companies are given same rates as Chinese owned ships? Do you enjoy getting bludgeoned, or is it a symptom of your TDS?
This post was edited on 3/5/25 at 12:34 pm
Posted by BugAC
St. George
Member since Oct 2007
57898 posts
Posted on 3/5/25 at 12:35 pm to
quote:


It will have zero effect on the canal fee.


Except for what these ships are being charged at the ports for offloading/onloading shipments at both ports.

quote:


None, whatsoever.



This is comically wrong. But keep it up. You have yet to lay out any logical scenario where you prove you are correct.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:35 pm to
quote:


I'm glad you are keeping up with this. Because, in fact, they do.



Holy shite....

Youre Trumps wet dream. Dude can lie all day and you dont have the ability to fact check.

Bless your heart.

Show me a valid link to where China collects and keeps fares for traversing the canal.

thanks.
Posted by toratiger
susukino
Member since Aug 2008
3568 posts
Posted on 3/5/25 at 12:36 pm to
nm
This post was edited on 3/5/25 at 12:51 pm
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:36 pm to
quote:

What happens to all those shipping containers? They are offloaded.


Most are passing through, Dufus.

Most dont unload in Panama.
Posted by Redbone
my castle
Member since Sep 2012
20704 posts
Posted on 3/5/25 at 12:36 pm to
quote:

Thanks to Trump, BlackRock now owns the ports in Panama
Tep. Thanks. We are much better off than we were.

Too bad Dims have spent the fed gov so far in debt. The gov could have bought it.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 3/5/25 at 12:40 pm to
quote:

Except for what these ships are being charged at the ports for offloading/onloading shipments at both ports.


Holy shite .

If (since most don't load or unload there) have contracts for this with fixed pricing.
Posted by keks tadpole
Yellow Leaf Creek
Member since Feb 2017
8690 posts
Posted on 3/5/25 at 12:44 pm to
quote:

State pensions invest with Black rock. People buy black rock funds of various type through their retirement accounts and brokerage.

Exactly. If you want to see Blackrock, some of need only to look into a mirror.
Posted by RobbBobb
Member since Feb 2007
34286 posts
Posted on 3/5/25 at 12:48 pm to
This is embarrassing

Manzanillo - MIT is a distribution center for cargo destined for cities within Panama and nearby countries in Central America and the Caribbean. It is one of the largest container transshipment terminals in the region and has direct access into the Colón Free Trade Zone (CFZ). And located on the Gulf of Mexico side, so canal operation would never effect cargo to/from the US

Colon - Not part of the Canal Zone. The 1914 boundary treaty made Colón an exclave of the Republic of Panama entirely surrounded by the Panama Canal Zone. Under the 1936 Hull–Alfaro Treaty, the United States ceded the "Colón Corridor" from the Canal Zone; this was a strip under Panamanian jurisdiction just wide enough to build a road 4 miles long connecting the city to the main eastern portion of the republic.

Panama International - A port facilities that provides tourism and cultural value. Meanwhile, few of these smaller ports add significant cargo abilities for international needs.
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