Posted on 02/12/2006 12:57:39 PM PST by Chong
Bush administration not objecting to deal involving N.J., Phila. ports
By TED BRIDIS Associated Press Published: Sunday, February 12, 2006 Updated: Sunday, February 12, 2006
A company in the United Arab Emirates is poised to take over significant operations at six American ports as part of a corporate sale, leaving a country with ties to the Sept. 11 hijackers with influence over a maritime industry considered vulnerable to terrorism.
The Bush administration considers the United Arab Emirates an important ally in the fight against terrorism since the suicide hijackings and is not objecting to Dubai Ports World's purchase of London-based Peninsular and Oriental Steam Navigation Co.
The $6.8 billion sale is expected to be approved Monday. The British company is the fourth largest ports company in the world and its sale would affect commercial U.S. port operations in New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia.
DP World said it won approval from a secretive U.S. government panel that considers security risks of foreign companies buying or investing in American industry.
The U.S. Committee on Foreign Investment in the United States thoroughly reviewed the potential transaction and concluded they had no objection, the company said in a statement to The Associated Press.
The committee earlier agreed to consider concerns about the deal as expressed by a Miami-based company, Eller & Co., according to Eller's lawyer, Michael Kreitzer. Eller is a business partner with the British shipping giant but was not in the running to buy the ports company.
The committee, which could have recommended that President Bush block the purchase, includes representatives from the departments of Treasury, Defense, Justice, Commerce, State and Homeland Security.
The State Department describes the United Arab Emirates as a vital partner in the fight against terrorism.
(Excerpt) Read more at pressofatlanticcity.com ...
Right, and Putin is head of a 'democratic' Russia and is our friend. The southern border is safe enough as is because those who breach it are merely coming here to work. Come on Bush, it's time to take the head out of the sand.
see also:
http://www.freerepublic.com/focus/f-news/1577034/posts
http://www.freerepublic.com/focus/f-news/1576940/posts
http://www.freerepublic.com/focus/f-news/1576547/posts
While we're at it, why don't we put them in charge of our airport screeners, subway security and Los Alamos?
Picking up steam.......
http://www.freerepublic.com/focus/f-news/1576547/posts
"Company From United Arab Emirates Poised to Oversee Six American Ports Due to Sale"
http://www.freerepublic.com/focus/f-news/1577026/posts
"This Doesn't Soud like much of a Homeland Security triumph"
Dang! I searched using keyword Dubai and also the title itself, but neither search turned up these articles. No wonder, each article has its own unique title. Go figure.
Mods, guess this will have to be pulled?
the one word search allways works best, like Dubai, ports, even 6 or 'six'
Like I said above, I did search using Dubai also.
Now I see why they didn't show up in my search. None of the three articles you linked had Dubai in their keywords, yet.
Oh, good freaking grief...
Can anyone doubt international conspiracy at top levels now?
Both Bush Administrations bent over for their Arab masters.
Get a room, you two!
Just adore the Republican concept of security.
It is beyond crazy..someone is smoking some bad shi'ite..
What is this all about??
UAE being allowed to buy up strategic American port facilities..A Trojan Horse..
This is partially scary, we may have common ground with the DU:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x446111
But this will all be fixed once Rush gives us divine guidance.
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