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This is a topic from the Current Politics and Religious Topics forum on inthe00s.
Subject: Bushes Gift to Dubai
Written By: danootaandme on 04/28/06 at 2:26 pm
AOL.News
Updated: 12:40 PM EDT
Bush Approves Takeover of Military Plants by Dubai
By JENNIFER LOVEN, AP
The White House says the deal to allow a Dubai-owned company take control of some U.S. military plants has been reviewed and poses no security threats.
WASHINGTON (April 28) - 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.
"This was a transaction that was thoroughly reviewed and closely scrutinized," White House press secretary Scott McClellan said in confirming the deal. "In the view of the committee, it does not compromise our national security."
As a condition of the president's approval, the company signed an agreement that promised an uninterrupted supply, McClellan said. The White House was in the process of informing key members of Congress of the president's decision.
House leadership aides, speaking on condition of anonymity, said lawmakers from both parties on the relevant committees had been briefed on the deal, and had agreed that necessary safeguards were in effect. They said there had been numerous contacts with the administration.
Sen. Charles Schumer, D-N.Y., a leading opponent of the port deal, also said he did not plan to oppose the transaction. "There are two differences between this deal and the Dubai Ports deal," he said in a statement. "First, this went through the process in a careful, thoughtful way; and second this is a product not a service and the opportunity to infiltrate and sabotage is both more difficult and more detectable."
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.
Subject: Re: Bushes Gift to Dubai
Written By: MaxwellSmart on 04/28/06 at 6:47 pm
Meanwhile he's griping in bad grammar about the Spanish-version of the national anthem. I guess it's OK to sell off our national security and our national economy to foreign countries, as long as you do it in English!
http://www.inthe00s.com/smile/05/freak6.gif
Subject: Re: Bushes Gift to Dubai
Written By: Mushroom on 04/29/06 at 9:15 am
Updated: 12:40 PM EDT
Bush Approves Takeover of Military Plants by Dubai
By JENNIFER LOVEN, AP
*yawn*
Here we go again. Everybody knows that people and companies from UAE are either terrorists, or support terrorists. So they should not be trusted with anything.
Well, they can be trusted with selling us oil, but that is all.
Bring out the tar and feathers again, we are gonna string us up some Ay-rabs!
Subject: Re: Bushes Gift to Dubai
Written By: danootaandme on 04/29/06 at 12:35 pm
*yawn*
Here we go again. Everybody knows that people and companies from UAE are either terrorists, or support terrorists. So they should not be trusted with anything.
Well, they can be trusted with selling us oil, but that is all.
Bring out the tar and feathers again, we are gonna string us up some Ay-rabs!
Not saying they should not be trusted with anything, you are reading what is not there(again). I do believe that there are industries in which the USA should be self sufficient. This is one.