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 ...
Thank you, SeaBiscuit!
I'm sure Sean Vannity was all over this today...
Really?
Top Ten Ways to post like a conspiracy lunatic.
Recognize any of the this nuttiness from THE NEW AMERICAN?
He didn't say a word about it. He was on the verge of a stroke over the ports deal.
Americans will think it's just dandy because the media tells 'em that Chuckie Schumer is down with it.
Sean Vannity is a fraud with an expensive hair cut.
EVERYONE IN CONGRESS?
LOL
Nope Bill Frist has done made that one possible. HIs Medicare reform deal? A spin off of Hillary Care.
Again we have a situation where it's probably just an ownership change but people will demagogue it in ignorance. However perception is reality unless the ones championing this can explain it properly for the masses. With these increasingly complex business arrangements this becomes harder and harder to do.
If I were Bush I wouldn't allow this crap to go on. Why give your enemies such ammo to split your base with?
Yeah, I don't know what's going on w/ him. Seems almost as if what he did for the Iraq War now, in hindsight, was simply a personal vendetta that he walked into that just happened to coincide with public opinion. Otherwise I just don't know how to explain his queserasera quasi-liberal attitude.
Nah.
Her first priority will to be to try to kill forums such as this fine one.
I'm sorry, Trotsky.
That's not how things work in this country.
Hunter's just as big a hack as Schumer.
You seem to be very good at making bold, sweeping declarations that prove to be incredibly wrong in their predictive value.
Yes, that how it works. The masses vote and what they say matters. So perception is reality. This issue will be demagogued to death like the port deal and will die unless the admin figures out how to educate the public. It will splinter the base and the dems vote as a block.
I think you're confusing us with the back-slapping, oil-infatuated, Gulf Arab-enabling multipolarists in this administration, which seems not to learn from any of its past mistakes, no matter how many times it has made them.
Not a peep about this, on any talk shows on cable.
I'm afraid, in the high dudgeon over the Mexican boycott, the Doncaster deal has slipped under the radar.
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