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 ...
Sounds like a great idea!
Put Muslims in charge of our defense.
That'll work!
Wonder what kind of stuff Dubya has been smoking.
He's not set to do it, he already did it. This morning.
For a second I thought I was browsing DU when I read your reply.
Insanity. Arabs in charge of our defense. Arabs who have sworn to use nuclear weapons on us. What is wrong with Bush?
WTH???? Is Bush smoking the cheap crap???? WTH is he thinking?????
Two possibilities... An intentional leak of a policy direction to test the water, or a fabricated leak that the Dems will spin into being the former when it doesn't materialize.
And if true, I wonder what part Bill Clinton is playing in this...
Correction... Looks like it happened already. :-)
Now time to buckle down and find out everything about it before knee jerking.
Can you guys think of anything else we can give away?
Finally, a sensible post.
Let the knee-jerking begin!
I'm thinking North Korea might like Pearl Harbor.
I've been wonderin' the same thing. I know he doesn't drink, maybe someone is spiking his bottled water. ;) Just wanna go up, shake his shoulders, and ask the President: "what, in the name of the God you worship, are you thinking? What's with immigration and Dubai, are you nuts?"
Placemarker..
Did you read the article?
That should snap you back into reality.
This is clearly just a test to see how Tony does under real fire!
Oh crimeny, not this again. AMERICANS WILL BE THE ONES WORKING THESE PLANTS JUST LIKE THEY WOULD HAVE WITH THE PORTS! Some of you people are such media dupes.
LOL Didn't take long... The deal probably is not as bad as it sounds, right?
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