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To: Coop
This cyberlynching is disgusting.

And is based on ignorance. My first response on this issue days ago when asked about the cause of the the problem was "Bigotry".

The problem for the RATS is that both former RAT presidents are in favor. When the Pubbies shift gears then they show trust in Bush.

26 posted on 02/22/2006 8:22:18 AM PST by Mike Darancette (Condimaniac)
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To: Mike Darancette
The latest article spinning 'em up is an AP article saying Bush didn't know about this deal until after it was approved. Duh! That's exactly how the approval process is supposed to work, unless an extended investigation is request. Then the President is required to send a report to Congress, IIRC. Let me go dig up the link.
29 posted on 02/22/2006 8:24:32 AM PST by Coop (FR = a lotta talk, but little action)
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To: Mike Darancette; new yorker 77
Here's the Treasury Dept's web page outlining this review committee - CFIUS.

http://www.treasury.gov/offices/international-affairs/exon-florio/

In short, the President has the authority to block a merger/acquisition if certain criteria are met. If they're not met, no need for the Prez to even be involved. This statute specifically mentions the President's role can be delegated.

31 posted on 02/22/2006 8:32:34 AM PST by Coop (FR = a lotta talk, but little action)
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