Wednesday, March 01, 2006

More bad Port press

Courtesy of Stephen Spruiell at NRO, this little eye-brow raiser about the Coast Guard story that AP reported over the weekend:

WASHINGTON - "What is being quoted is an excerpt of a broader Coast Guard intelligence analysis that was performed early on as part of its due diligence process. The excerpts made public earlier today, when taken out of context, do not reflect the full, classified analysis performed by the Coast Guard. That analysis concludes ‘that DP World's acquisition of P&O, in and of itself, does not pose a significant threat to U.S. assets in [continental United States] ports.’ Upon subsequent and further review, the Coast Guard and the entire CFIUS panel believed that this transaction, when taking into account strong security assurances by DP World, does not compromise U.S. security."

A well-written story would have discussed the 'questions' but it would also have concluded that those questions had been satisfied in the course of the initial investigation. 'Cuz thems the facts...

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