Friday, April 28, 2006

Bush Continues to Do Dubai's Bidding

Perhaps the Dubai ports deal was just a distraction - so that this move to sell U.S. security to Bush's Arab buddies who bankroll terrorists would slip through quietly.

Bush Backs Dubai Firm's Plant Operations

WASHINGTON (AP) -- President Bush on Friday approved a deal for a Dubai-owned company to take control of some U.S. plants that manufacture parts for American military contractors.

Initial reactions from Congress indicated that there would not be the opposition to the deal that prevented another Dubai-based company from taking over operations of several U.S. ports.

The Committee on Foreign Investment in the United States, which must review foreign transactions of this kind, began its review of the transaction on Jan. 28 and made its recommendation to Bush on April 13. He had 15 days to make a decision, a timeframe that expired Friday.

The decision follows a political uproar earlier this year after Bush backed a deal allowing another Dubai-owned company to operate several major U.S. port terminals. The company, DP World, decided to sell the U.S. operations that it acquired in its purchase of a British firm to an American firm after Republicans and Democrats in Congress balked, saying the transaction could compromise America's security interests.

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