Posted on 04/28/2006 4:32:20 PM PDT by neverdem
WASHINGTON, April 27 President Bush is expected on Friday to announce his approval of a deal under which a Dubai-owned company would take control of nine plants in the United States that manufacture parts for American military vehicles and aircraft, say two administration officials familiar with the terms of the deal.
The officials, who were granted anonymity so they could speak freely about something the president had not yet announced, said that the final details had not yet been set and that Mr. Bush might put conditions on the transaction to keep military technology in the United States.
But his action is almost certain to attract scrutiny in Congress, because of the political furor that erupted over the administration's approval of a deal earlier this spring that would have given another Dubai-owned company, Dubai Ports World, leases to operate several American port terminals through its acquisition of a British company, the Peninsular and Oriental Steam Navigation Company.
Dubai Ports agreed to drop the port deal after it became clear that Republicans were abandoning Mr. Bush and opposing the takeover.
In this case, the plants in question are owned by Doncasters Group Ltd., a British company that is being purchased for $1.2 billion from the Royal Bank of Scotland Group by Dubai International Capital, which is owned by the United Arab Emirate government.
Because the plants make turbine blades for tanks and aircraft, the deal was reviewed by the Committee on Foreign Investment in the United States, which sent it on to Mr. Bush himself for a decision, a step used only when the potential security risks or political considerations are particularly acute.
Administration officials alerted Congress that the deal would go through the committee's review process in an effort to head off the kind of public debate that surrounded...
(Excerpt) Read more at nytimes.com ...
Haven't you heard? Schumer and Pete King are on board. This deal is done.
No matter that it is identical in structure and content to the ports brouhaha. Schumer didn't play politics with it, so the Republicans had no need to pander to the xenophobes on the right.
What radio shows have you been listening to?
What newspapers have you been reading?
Or does the only news you receive come via RNC blast-fax?
I was speaking to the collective ignorant masses' ability to understand complex issues not because they are stupid but because thy don't focus on it like we do. Most people don't keep up politics and get their watered down news from CNN. There are also informed people that come to strange conclusions based on emotions, biases or whatever. But I was speaking of the former.
Nothing in the Dallas Morning News. Or the Fort Worth Star Telegram.
Dubster, there's no point man. Schumer was the catalyst on the ports deal. No Democrat is coming forward, and, just maybe, any Republican who might is too ashamed to do so.
And some of you bots are SUCH hypocrites. If Bill Clinton had done the EXACT SAME THING, you would've been screaming at the top of your lungs.
MM
I've figured it out: Dubya's determined to end his presidency with a 0.00% approval rating and will do whatever it takes to earn it. This move will take him through that pesky 30% resistance. After that he'll go to work on the bots. With them out of the way, he can devote the last six months to alienating Laura and the girls.
MM
The fact that Schumer's face was plastered on every single camera within 5 feet of his Senate office during the DP World debacle did not mean he was the "point-man" on this issue.
I hate to break this to you, but the Democrats are in the minority in both houses.
The reason that abominable deal fell through was because 80% of the House and Senate Republicans-including the chairman of the Homeland Security subcommittee in the House, Peter King-said that they would under no circumstances accept this sellout, regardless of the vague assurances made by Bush's woefully inept DHS chief, Michael Chertoff.
It was not stopped because Charles Schumer managed to get air-time on C-SPAN fourteen hours of the day-instead of his usual 12-it was stopped because the American public would not accept a betrayal on this scale.
I wonder how much Bill Clinton ot paid for this one. Also, I wonder if Shrillary knows about it.......
If there's no good Muslims in the world capable of living in peace with the West, then the sacrifice of the 2,000+ soldiers in Iraq is all for nothing, isn't it?
House Armed Services Committee Duncan Hunter, a California Republican, said his own staff review indicated the Doncasters deal was okay. "Numerous American companies" could make the tank components that Doncasters makes, Hunter said.
American companies COULD make the tank components, but they don't.
If Islam is truly a religion of peace, this shouldn't bother anyone in the least.
Those are the only people living (illegally) in this country who are familiar with this anachronistic concept known as "work," don't ya know?
It looks like Bush is trying to lose the majority in Congress in Nov.
I wonder how many of you or people you know are able to function as a result of their orthopedic implant products, instead of being stuck in a wheel chair the rest of your life. The other plants are machine shops or casting houses. I suppose in the imagination of the Black Helicopter crowd, they could be machining the plutonium inner core of a nuclear bomb.
Second, you could make a case for the Dubai Ports deal offering a dock to a ship with a WMD aboard. Although any ship loaded with WMD's could tie up anywhere and release the WMD before any inspection took place.
This deal has far less opportunity for serious problems, IMO. Machinists and engineers aren't looking for trouble, more likely they're on the lookout for trouble.
ping
Just one ping before you to TM ;) I saw this and just said yet another con job, a deal was cut when American's were outraged
Listen, Mr. "I don't care about America's technological superiority anymore", if they own the company they own the technology. Sure, go ahead and give it away to some Muslim country so they can sell it to China. And, don't give me any baloney about restrictions. How will we ever know before it's too late?
The only suckers are you Bush-kneelers that worship the ground he pisses on.
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