[commish]

IIRC, if they go against this deal and vote it down, Bush will veto it, then congress will vote to override his veto. Don't 2/3 of both houses have to vote it down?

The deal is done, Congress cannot vote it down. They will have to initiate a new bill and pass a new law/regulation that will negate the deal.

If that happens it just grows the government more, breaks down the separation of powers more, and adds even more red tape beaurocracy and regulation to the mix.

NOW does everyone understand why the DEMS are so in favor of doing this.

[mnehring]

They will have to initiate a new bill and pass a new law/regulation that will negate the deal.

That may not even fly, after all, this is a deal between a company in the UK and a company in the UAE. The US involvement would be to approve the newly merged company's license in the US. Depending on the existing contract between us and P&O, this may be even further out of congressional hands that I even could guess.

Because, technically, Dubai Ports World is owned by financial conglomerates (not the UAE as has been misreported..) that we do have non restricted business agreements with (such as Deutsch Bank and Citigroup), we not only risk having these container facilities shut down during the bloviating, but we also risk our relationships with the institutions that hold most of DPW.

[processing please hold]

They will have to initiate a new bill and pass a new law/regulation that will negate the deal.

I think the majority of Americans are against this deal going through. The majority of FR is. As J.D. Hayworth said yesterday, 'this doesn't pass the smell test'.