Posted on 02/21/2006 12:56:16 PM PST by Jeremiah2911
WASHINGTON — In a rare display of his veto authority President Bush said Tuesday he will put the kibosh on any legislation that attempts to stop the purchase by a United Arab Emirates-owned firm of the Peninsular and Oriental Steam Navigation Co., which runs six major U.S. ports.
Breaking a gaping silence during the debate of the purchase by Dubai Ports World, Bush said the deal should go forward and won't jeopardize U.S. security.
Officials from the Cabinet departments that participate in the U.S. Committee on Foreign Investments in the United States, which approved the sale last Monday, are appearing in a briefing Tuesday afternoon to defend the process by which CFIUS reviewed and approved the deal.
Officials from the Treasury, Coast Guard, Customs and Border Protection and Homeland Security will participate.
(Excerpt) Read more at foxnews.com ...
Does anyone understand why Bush is doing this?
This just sounds like a bad deal to me..........
Uh oh....the stuff will hit the fan....
I agree with you. There are times I don't understand what Bush is doing. This is definitely one of those times.
We should trust Bush. He knows what he's doing.
He won't veto a ham sandwich, but will veto a deal to let a potential terrorist country watch our ports? Great war on terror this is!
I'm aghast.
Would this be his first veto?
I don't much understand, but I didn't understand NAFTA either. Bush hasn't been very rigorous in enforcing our borders, will he also neglect the shores?
El Rushbo must've gotten the heads up. This explains a three-hour show on the topic.
Of all the things to fight for.....boy, Bush picks the weirdest battles.
WTF?????
Bush wouldn't do this unless it was good for America.
It is sure calling out the Rats as hypocrites regarding their stance against the war on terrorists.
Trust, but verify...I still remember Harriett Miers.
Sure, most problems are going to take place long before entry. The company that runs the shipping is of no threat. You want to detect contraband and terrorist in container, step up inspections.
Security is still run by customs, dock workers are still Americans.
Join the crowd. I have been confused by about 1,000 of his decisions lately.
But you can't explain how or why it would be good for America, or trust Bush on this matter, only that we should 'cuz it's GW doing it.
OK.
"This just sounds like a bad deal to me..........'
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Its the old Statue of Liberty play. Bush fakes to the UAE, dems and pubs revolt and demand Halliburton gets the deal, then Bush caves in despair and gives it to Halliburton.
I guess I should've scrolled down a few more posts before replying...thanks for the pic...they are worth a thousand words.
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