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To: Dane

Hannity decries the secretive nature of the CFIUS process and the lack of Congressional oversight. But he overlooks the fact that Congress made this a secretive process.


175 posted on 03/10/2006 9:54:25 AM PST by Don'tMessWithTexas
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To: Don'tMessWithTexas
Hannity decries the secretive nature of the CFIUS process and the lack of Congressional oversight. But he overlooks the fact that Congress made this a secretive process

Yes, exactly, and for good reason.

There is often much about the approval process that is not public friendly. There is often things that cannot be revealed for reason of the security of the U.S and that of the buyer. There are also political and corporate envy reasons where one entity would be pleased to screw up certain deals.

For any and all of these reasons, the process is kept behind a curtain.

There is no legitimate reason to be blaming Bush for any secrecy in this process. Congress set it up that way.

182 posted on 03/10/2006 10:01:12 AM PST by Cold Heat
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