Sunday, February 20, 2005

Port Insecurity

Like we didn't see this coming.

For the other NYers out there,

The Port Authority of New York and New Jersey, in four rounds of port security grants, received $6.2 million, or 1 percent of the total grants given out through the primary port security financing source, according to federal documents.

When other New York-based government agencies and private corporations are added in, the grants to the New York City area rise to about $35 million, about 7 percent of the total. The port handles 12 percent of the nation's cargo traffic. Much of the grant money directed to New York went to profit-making oil terminal companies, like Sunoco Logistics Partners, to help them pay for security enhancements.

I didn't know about the final line there, but I'm hardly surprised.

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