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Bush Set to Approve Takeover of 9 Military Plants by Dubai
NY Times ^ | April 28, 2006 | JIM RUTENBERG and DAVID E. SANGER

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 ...


TOPICS: Business/Economy; Foreign Affairs; Government; News/Current Events; Politics/Elections; US: Connecticut; US: District of Columbia; US: Georgia; War on Terror
KEYWORDS: doncastersgroup; doncastersgroupltd; dubai; globalization; uae; unitedarabemirates
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To: Accygirl
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?

Beginning to look that way, isn't it?

121 posted on 04/29/2006 2:25:15 AM PDT by raybbr
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To: Accygirl
"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?"

Well we did take out 10 times as many Muslims as they killed of us, so yea there was a point. </sarc>
122 posted on 04/29/2006 2:26:55 AM PDT by RHINO369
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To: neverdem

I wonder, is it too much to ask that companies and plants that produce parts for our military be American-owned?


123 posted on 04/29/2006 2:55:21 AM PDT by Tolerance Sucks Rocks (Walk it off, Snack Fairy!)
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To: ntnychik
It has looked that way since the beginning of his second term.
124 posted on 04/29/2006 4:22:25 AM PDT by Do not dub me shapka broham ("The moment that someone wants to forbid caricatures, that is the moment we publish them.")
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To: muleskinner
Although any ship loaded with WMD's could tie up anywhere and release the WMD before any inspection took place.

Inspection?

You think they inspect every single container?

Basically they take the word of the shipper as to what's in the containers.

125 posted on 04/29/2006 6:10:07 AM PDT by Amelia (Education exists to overcome ignorance, not validate it.)
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To: raybbr
Then why don't you just jump on board the Jaques Francois Kerry brigade and bring our guys home if you feel that way? Heck, it would be Vietnam all over again... We can just leave Iran to Zarqawi, let him execute all our Iraqi allies, and let our troops be dishonored as failures. But it sure wouldn't involve us having to associate with a-RABs.
126 posted on 04/29/2006 6:10:39 AM PDT by Accygirl
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To: RHINO369

We could have nuked Bahdad, taken out all the dirty Muslims in the country, and lost no soldiers. Heck, we could have nuked the entire Middle East, and killed even more Muslims, and still none of our guys would have been killed. So why the hell did we let 2,000+ of our guys die in Iraq? I think it's so the Iraqi people could live in a democracy. That's why those soldiers' sacrifice wasn't in vain.

However, if you hate all Muslims so much, why don't you get on the Jaques Francois bandwagon? Then we won't have to shed blood for Muslim allies ever again, and we could watch as Zarqawi takes over and executes all our Iraqi allies live on Al Jazeera.


127 posted on 04/29/2006 6:21:13 AM PDT by Accygirl
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To: sinkspur; Do not dub me shapka broham
One of the plants affected is near us, and makes parts for tanks and military helicopters. Here, from this morning, is the first coverage I've seen of the deal affecting us locally.

The sale has also been covered, after the fact, in national papers.

I haven't heard the cable networks speak of it at all, however. They're too worried about Rush Limbaugh's plea bargain.

128 posted on 04/29/2006 6:27:07 AM PDT by Amelia (Education exists to overcome ignorance, not validate it.)
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To: sinkspur

The "Straight" truth always escapes those of your ilk only the loss of National Sovereignty and your personal freedoms will penetrate your being and even then you and yours will live in denial until they haul you out to cut your heads off!


129 posted on 04/29/2006 6:31:55 AM PDT by winker
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To: Kimberly GG

He's not set to do it, he already did it. This morning""

Did I hear that the Dubai family that is going to get these facilities is the same family that just sent $50 million to Hamas?

What don't I get with this>??


130 posted on 04/29/2006 6:33:49 AM PDT by ridesthemiles
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To: Do not dub me shapka broham
"...Bush sycophants (and/or Bushbots)."

Come up with a new line. This one is getting old. You use it in every debate when you are cornered.

131 posted on 04/29/2006 7:05:51 AM PDT by Earthdweller
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To: Earthdweller
If the shoe fits...
132 posted on 04/29/2006 7:11:14 AM PDT by Do not dub me shapka broham ("The moment that someone wants to forbid caricatures, that is the moment we publish them.")
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To: Do not dub me shapka broham

SIckening.

Capitalism untrammeled by any purporse higher than profit leads to this and worse.


133 posted on 04/29/2006 7:13:55 AM PDT by little jeremiah (Tolerating evil IS evil.)
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To: Do not dub me shapka broham

And in this case (and others like it) there is likely the open borders/globalization crap at work as well.


134 posted on 04/29/2006 7:14:58 AM PDT by little jeremiah (Tolerating evil IS evil.)
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To: little jeremiah
This isn't capitalism.

Bush and his clique in Washington D.C. do not believe in free markets or capitalism, none of the elites do.

It challenges their status.

135 posted on 04/29/2006 7:16:25 AM PDT by Do not dub me shapka broham ("The moment that someone wants to forbid caricatures, that is the moment we publish them.")
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To: Accygirl
We can just leave Iran to Zarqawi, let him execute all our Iraqi allies, and let our troops be dishonored as failures.

Where did I say we should pull our troops out?

Also, if we were to pull our troops out now why would they be considered failures? That makes no sense whatsoever. They won their battles. It's the Iraqi people that now have to prove they are worthy of the sacrifices we have made for them.

136 posted on 04/29/2006 7:39:45 AM PDT by raybbr
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To: Amelia

Your link is no good.


137 posted on 04/29/2006 7:41:26 AM PDT by raybbr
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To: neverdem
Bush sells out his country yet again. No surprise here.
138 posted on 04/29/2006 7:43:42 AM PDT by curiosity
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To: raybbr
The only suckers are you Bush-kneelers that worship the ground he pisses on.

120 posted on 04/29/2006 4:21:48 AM CDT by raybbr

Do you stay up all night and drink?

139 posted on 04/29/2006 7:44:54 AM PDT by sinkspur (Things are about to happen that will answer all your questions and solve all your problems.)
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To: MikeA
AMERICANS WILL BE THE ONES WORKING THESE PLANTS

But it will be foreigners who control the technology, and that's the security threat.

140 posted on 04/29/2006 7:46:34 AM PDT by curiosity
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