Thursday, March 09, 2006

The Port is Moot

Well, it looks like the fuss was for naught, or did all the fuss pay off?

Dubai Firm Backs Out of U.S. Ports Deal

"DP World will transfer fully the U.S. operations ... to a United States entity," H. Edward Bilkey, the company's top executive, said in the surprise announcement that seemed to spread relief throughout the Capitol and the White House. It was unclear which American business might get the port operations.

Just hours earlier, Republican House and Senate leaders privately told the president that Congress was all but certain to block DP World's plan. Under pressure from a disapproving public, a House committee overwhelmingly voted against it Wednesday. The leaders told Bush the Senate would inevitably do the same, despite his threats to veto any legislation killing the deal.

The company's announcement gave Bush an out. He now doesn't have to back down from his staunch support of the United Arab Emirates-based company or further divide his party on a terrorism-related issue with a veto.

Hmmm...I think the fuss paid off.
Meanwhile, The UAE gets their feelings hurt;

Dubai threat to hit back

No Problem, I'm sure they won't mind if we hit them back for their al-Queda connections, connections with Iran, failure to recognize Israel, recognizing the Taliban...


Blogger WomanHonorThyself said...

Amen. done deal..time to 'get over it'!

March 09, 2006  

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