(51) Listing to Port
The conventional wisdom in business these days is that the whole is worth less than the parts. Break up Time Warner! Break up ExxonMobile. Break up The Mets.
So why not countries, too.
Don’t you think that there’s more shareholder value in
This space has always been in favor of selling New Jersey, or at least breaking it in two and dividing it between the tw€o real states it serves to connect.
And why limit the break ups to states. Some states themselves are worth more in parts than they are as a whole.
Perhaps Wall Street could be separated from
Maybe Viacom could buy
Of course, ignorant naysayers will bring up things like nationalism and the difficulties these spinoffs have had in places like
All of which brings us to the real question, today:
What’s all the hoo-hah about letting some middle eastern sultanate run most of
We’ve given everything else away, so why not this? In fact, it really doesn’t matter whether the ports are run by a company from a country ostensibly with ties to the 9/11 bombers the British who run them now. It’s still not American owned.
And where were the rest of us when this happened the first time?
Watching our Malaysian television sets from our Chinese living room furniture on our Costa Rican wood floors and our Pakistani rugs? Were we busy eating our Chilean fruit and dreaming about the new Volkswagen we ordered. Maybe reading the magazine that came with the Sunday paper – and which is printed in
Or maybe we were on our Taiwanese telephone with a call center in
Where were the dock unions when all this started? Not a peep where an average American could have heard it.
Watch out, Lower
I'm Wes Richards, my opinions are my own, but you're welcome to them.
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