So Much for Conservative Scare Tactics

I remember the great Panama Canal fight in the 1970's--a hot issue which Reagan rode to the nomination by demagoguery. Then in the 1990's when, under the treaty's terms, we were to hand the Canal over to the Panamian government, some conservatives got all outraged that Hutchinson-Whampoa, a Hong Kong firm, would operate a terminal at one end or the other. Well, almost 20 years on and the sky has not fallen. Indeed, the Illinois Corn Growers seems to be using Panamian management as a stick to beat the US with:

"[the ICG spokesman said]says that while improvements are still pending on U.S. locks and dams, Panama is improving their canal to grow traffic through that waterway.

"And the reason they are doing this, and they are spending billions of dollars, is because they want to bring Capesize vessels, which are the largest ocean going vessels out there, through the Panama Canal," said Lambert.