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 ...
So who does the government hire? P&O is getting out of the business, and there are no US firms that operate docks.
Bye, adios, toodles. This is obviously not the right site for you.
Geez!! Another Bushbot.
Webster's says it's German.
I doubt a veto will do him any good on this one. A two thirds majority of both houses will probably not be a problem. No politician in his right mind is going to want to be on the wrong side of this one. I think Bush just needs to cut his loses and move on.
The UAE company does NOT handle the security. They Load and Unload ships. That is what they do. All security is handled by the USA.
Exactly. Someone film the ports now and see who is working there now. You will be suprised.
I think so. He's signed so many domestic socialist spending bills, that it is mind-boggling.
"To caboche" is an old British hunting term, taken from French. It's related to "kaput".
Seems like theirs something about this story that the MSM isnt telling us.
666
But the money generated will go back to the mideast and who gets their hands on it there is anybody's guess.
Up to now he hasnt secured our southern border. He wants to keep us addicted to cheap SLAVE LABOR.
And has any other president before him "secured" the Southern border? NO
Welcome to FreeRepublic.
Interesting. Wonder if it is also related to caboose?
On a related note, why does a single firm control entire ports?
The President is misreading the American people. If he persists, his GOP will take a bath in Nov. This deal stinks.There have been reports that Sec'y. Snow (Treasury) has some type of connection. Bush hasn't vetoed anything(signed off on every spending increase that has come across his desk) and now he wants to allow a UAE company a big piece of our ports. Reminds one of Miers and pop's "read my lips".
Ditto.
Those Americans will be left alive with only the memory of their families and all that left of their homes is the smoking hole the ground that used to be a major metropolitan city and a busy sea port.
If we only create 10, or 15, or 20 thousand Americans (instead of millions) who are alone with their memories of family and a burning, seething rage at a government that allowed this to happen out of greed and stupidity, what then?
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