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Frist Proposes Face-saving Dubai Deal
Time Magazine online ^ | Feb. 25, 2006 | Timothy Burger, Mike Allen & Matthew Cooper

Posted on 02/26/2006 8:25:29 AM PST by jraven

Moving toward a deal that could allow President Bush and congressional GOP leaders to save face and avert a prolonged confrontation, GOP officials said today that they were discussing the idea of having Dubai Ports World seek a new review of its acquisition of a British company's operation that runs several key U.S. ports.

House Homeland Security Committee Chairman Peter King, confirmed in a phone interview early Saturday afternoon to TIME that officials were close to a deal involving the Congressional leadership, the White House and the Dubai company. The agreement would call for a 45-day “CFIUS-plus investigation,” King said, referring to the Committee on Foreign Investment in the United States, a Treasury Department-run interagency panel that probes proposed acquisitions in the U.S.

Although the Dubai deal had already been approved by CFIUS, "the rationale for reopening it is, once DP carved out the American ports from the rest of the contract it changed the nature of the agreement so it had to be reviewed again," says King, who had been among the leading GOP voices opposing the deal as first approved without the extra 45-day review process or briefing of Congress. King says will await final details before formally backing any such deal. King added "if we are going to hold back on legislation, I think there has to be continuous congressional review throughout the new CFIUS review.”

If approved by all parties, the new deal would allow Bush to avert a GOP-driven bill to overturn the Dubai deal with enough votes to override Bush's threat of his first veto. Republican sources tell TIME that Senate Majority Leader Bill Frist of Tennessee proposed the basic terms of a deal designed to give the White House a graceful way out, while also allaying the concerns of the many lawmakers in both parties who have said the deal could be a threat to our security. Under the Frist plan, the deal could stand a good chance of ultimately going through after the extended review. Frist aides apparently proposed the terms to representatives of the company and the White House late Friday. Neither has formally responded but both seemed interested in the idea, according to a Senate Republican aide. "This avoids a direct clash," the aide said. "It solves everyone's problem. The President doesn't have to cancel the deal or veto anything."

Under Frist's plan, the company would voluntarily separate U.S. ports from the rest of the deal for 45 days, allowing them to continue to operate as they do while the deal is re-vetted. That would allow a new review through the administration's Committee on Foreign Investments in the U.S. (CFIUS). Administration officials remain adamant that their first review was thorough and proper, so the face-saving element was crucial, according to one Capitol Hill negotiator. Frist is proposing that this time, CFIUS do the extra 45-day review that the law calls for in transactions where there are national security concerns. That provision was not triggered last time because administration officials had no remaining concerns at the end of the first review. This approach would eliminate the need for new legislation now, the Republican sources said.


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections; War on Terror
KEYWORDS: 109th; arabs; business; dubai; frist; isolationism; kneejerkflipflop; liberalpropaganda; ports; protectionism; rinos; security; terrorism; uae; waronterror; xenophobicsenators
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To: Reagan Man

Still calling it a sweetheart deal i see. :)


121 posted on 02/26/2006 11:34:37 AM PST by Echo Talon
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To: Echo Talon

As their lies are exposed one by one they have to create new ones. When your whole issue is based on lies and a hatred of the President what other choice do you have.


122 posted on 02/26/2006 11:36:02 AM PST by CWOJackson
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To: Reagan Man

If an Israeli shipping company works with them why shouldn't we?


123 posted on 02/26/2006 11:36:06 AM PST by Echo Talon
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To: nj26
I feel Bush has overreached his ability (which should have been evident during all the turmoil and shenaningans of his election "victory") to manage the problems he, his managers and his meanspirited opposition have created for this country in an effort to "out gotcha" one another!

Guess "who" are the losers and "who" will eventually have to pick Bush's successor from an ever diminishing "slop jar" of humanity who are eaten alive with anger, frustration, bitterness and just plain raw hate for Bush's person, all his plans, programs, failed presidential initiatives and the self impowerment to manipulate the laws of this Nation for his own aggrandizement!

124 posted on 02/26/2006 11:36:09 AM PST by VOYAGER
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To: jamese777; Echo Talon

""Do you know this UAE company works with an Israeli company named Zim? Maybe geopolitics are a little to complicated for you to understand.""

the same old condescending tone......GOLLY GEE...i guess the UAE supports Israel?

Don't let these facts get in your way, Echo Talon:


http://www.uaeinteract.com/news/default.asp?ID=324

UAE urges world community to force Israel dismantle wall

"The United Arab Emirates has urged the world community, particularly the UN and other parties of the Quadruple Committee, to act promptly and firmly in order to protect the Palestinian people and force Israel to dismantle the separation wall."


http://www.capitalresearch.org/pubs/pdf/OT0805.pdf

PAGE 8 of this pdf: Two weeks after 9/11, the UAE crown prince warned Washington not to strike “innocent” Muslims in Afghanistan, but instead focus on “Israeli terrorism.”

http://www.uaeinteract.com/news/default.asp?ID=324
UAE condemns Israel's actions on occupied land
posted on 06/12/2005
"The Middle East Region, unlike any part of the world, is still suffering from Israel's occupation of Palestinian and Arab territories since 1967", Ambassador Abdul Aziz bin Nasr Al Shamsi, the UAE Permanent Envoy to the UN




"2-18-2006: UAE, Palestine to set up a joint investment firm (Hamas)"
http://www.khaleejtimes.com/DisplayArticle.asp?xfile=data/business/2006/February/business_February391.xml&section=business


http://frontpagemagazine.com/Articles/ReadArticle.asp?ID=21413

Welcoming Terror to US Ports

On July 27, 2005, the Palestinian Information Center carried a public HAMAS statement thanking the UAE for it’s “unstinting support.” The statement said: “We highly appreciate his highness Sheikh Khalifa Bin Zayed Bin Sultan Al-Nahyan (UAE president) in particular and the UAE people and government in general for their limitless support…that contributed more to consolidating our people's resoluteness in the face of the Israeli occupation".

The HAMAS statement continued: "the sisterly UAE had… never hesitated in providing aid for our Mujahid people pertaining to rebuilding their houses demolished by the IOF… The UAE also spared no effort to offer financial and material aids to the Palestinian charitable societies." Indeed, as documented by the Intelligence and Terrorism Information Center at the Center for Special Studies (C.S.S), HAMAS charitable societies,” are known as integral parts of the HAMAS infrastructure, and are outlawed by Israel and the U.S.




UAE condemns Israel's violations of human rights
http://www.uaeinteract.com/news/default.asp?cntDisplay=30&ID=324



UAE president sends to the UN letter of solidarity with Palestinian people
http://www.uaeinteract.com/news/default.asp?cntDisplay=20&ID=324




http://www.intelligence.org.il/eng/sib/2_05/funds_e.htm
Union of Good

The Union of Good is an umbrella organization representing more than 50 Islamic fundraising groups worldwide. Originally established for the purpose of aiding Palestinians in the PA-administered territories, its operations began in October 2000, shortly after the outbreak of the ongoing violent Palestinian-Israeli confrontation. It started as a fundraising drive designed to run for 101 days, however, following its initial success it institutionalized and continues its work to this day (January 2005). Hamas leadership was involved in its foundation.

The names of organizations and bodies belonging to the Union of Good.

The Red Crescent, UAE

The UAE Committee for the Support of the Palestinian People

The Sheikh Muhammad bin Rashed Institution

The UAE Charitable Society

The Sharqa House of Charity, UAE

The Organization of Charitable Works, UAE : An Islamic aid group which provides much support for Hamas institutions in the PA-administered territories.


125 posted on 02/26/2006 11:38:29 AM PST by Stellar Dendrite (UAE-- Anti-Israel and funds CAIR, check my homepage for more info (UPDATED FREQUENTLY))
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To: CWOJackson

They will be the ones that look like fools when this goes though and we can say "I told you so"


126 posted on 02/26/2006 11:38:55 AM PST by Echo Talon
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To: Reagan Man

See #125.


127 posted on 02/26/2006 11:39:15 AM PST by Stellar Dendrite (UAE-- Anti-Israel and funds CAIR, check my homepage for more info (UPDATED FREQUENTLY))
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To: Stellar Dendrite

THATS POLITICS, THIS IS BUSINESS! If UAE was Israels enemy why do they do business togeather?


128 posted on 02/26/2006 11:40:54 AM PST by Echo Talon
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To: Stellar Dendrite

Time out for a message from out sponsors.


129 posted on 02/26/2006 11:41:36 AM PST by CWOJackson
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To: nj26
If it does happen, it will be another step toward putting Hillary in the White House in 2008.

Oh please. By this summer it will have joined the ranks of the Plamegate, Enrongate, et al. Its amazing how passionate people have become on this issue based on either just plain untruths, or no knowledge whatsoever on how these things work. Wait until these "enlightend know it alls" find out how many things China has a controlling issue in. Saudi Arabia, too. The Japanese control quite a bit of US property. But a couple of Bush hating Freepers and "R"s have turned this whole thing into a circus..

130 posted on 02/26/2006 11:43:09 AM PST by cardinal4 (The 9-11 Commission, America's National Shame)
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To: Eric in the Ozarks

Arab Christians are fine by me. I don't trust Muslims...black, red, green, or purple. Too many support the terrorists, and it is impossible to tell which ones until it is too late.


131 posted on 02/26/2006 11:43:30 AM PST by Politicalmom (Must I use a sarcasm tag?)
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To: cardinal4
"But a couple of Bush hating Freepers and "R"s have turned this whole thing into a circus..."

Yes, but their drolling is also washing some of their makeup off.

132 posted on 02/26/2006 11:45:00 AM PST by CWOJackson
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To: Eric in the Ozarks
Agree. Frist knows nothing and suspects nothing.

As do a plurality here on FR..

133 posted on 02/26/2006 11:45:41 AM PST by cardinal4 (The 9-11 Commission, America's National Shame)
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To: nj26
64% of Americans are opposed to this deal, per Rasmussen. Not a winning issue for the GOP.

Yet President Bush in his profound political blindness and/or arrogance, will ram it through Congress anyway, the public be dammed!

I hope the repubs think it was worth it to fall on the sword for UAE 9-11 symps when they lose control of Congress and President Hillary is elected!

134 posted on 02/26/2006 11:45:44 AM PST by Walkin Man
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To: Walkin Man
I hope the repubs think it was worth it to fall on the sword for UAE 9-11 symps when they lose control of Congress and President Hillary is elected!

So, if the deal goes through, you are going to vote for Hillary? That's smart , the UAE will still have the contract for the ports and your Hillary will give China everything else. That'll show'em!

135 posted on 02/26/2006 11:49:06 AM PST by cardinal4 (The 9-11 Commission, America's National Shame)
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To: Stellar Dendrite

I don't like China or Saudi Arabia's politics but both of them manage port terminals right here in the United States.


136 posted on 02/26/2006 11:50:00 AM PST by Echo Talon
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To: Echo Talon; Reagan Man; Sabramerican; SJackson
"THATS POLITICS"
yeah..."politics", i mean it's only a few suicide bombers killing jews right? hey, if you dont have a problem with the MURDER of jews by the UAE's funding of Hamas that's your problem.










137 posted on 02/26/2006 11:50:08 AM PST by Stellar Dendrite (UAE-- Anti-Israel and funds CAIR, check my homepage for more info (UPDATED FREQUENTLY))
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To: Stellar Dendrite

It's also Israel's problem since they do business with them as well.


138 posted on 02/26/2006 11:51:25 AM PST by Echo Talon
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To: Siena Dreaming
And they want Bush to micromanage each and every deal involving Muslims.

Well golly gee we can't have our President worrying about the safety and security of American citizens during time of war now can we?

I'm sure GW has much better things to do with his time...like holding hands with Arab sheiks and giving them big sloppy kisses on the mouth while they discuss the latest chunk of America up for sale!

Jeez the next thing these whiners will want is a secure southern boarder...LOLOLOLOLOL!!!

/SARCASM

139 posted on 02/26/2006 11:51:57 AM PST by Walkin Man
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To: Stellar Dendrite

Maybe you can find some photos of an Arab eating some puppies.


140 posted on 02/26/2006 11:52:54 AM PST by CWOJackson
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