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And, yes, I DO take it personally: Oh, and on that ports deal...? Why didn't you SAY it was just another Bushco business deal...?
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Tuesday, February 21, 2006

Oh, and on that ports deal...? Why didn't you SAY it was just another Bushco business deal...?

doggone... if you'd just said this up front, we could have skipped all the foreplay...
The Dubai firm that won Bush administration backing to run six U.S. ports has at least two ties to the White House.

One is Treasury Secretary John Snow, whose agency heads the federal panel that signed off on the $6.8 billion sale of an English company to government-owned Dubai Ports World - giving it control of Manhattan's cruise ship terminal and Newark's container port.

Snow was chairman of the CSX rail firm that sold its own international port operations to DP World for $1.15 billion in 2004, the year after Snow left for President Bush's cabinet.

The other connection is David Sanborn, who runs DP World's European and Latin American operations and was tapped by Bush last month to head the U.S. Maritime Administration.

The ties raised more concerns about the decision to give port control to a company owned by a nation linked to the 9/11 hijackers.

it certainly makes a lot more sense now why bush would threaten his first-ever veto... it's about making sure the $$$$ keeps flowing into the right pockets...
President George W. Bush said on Tuesday that a deal for a state-owned Dubai company to manage major U.S. ports should go forward and will not jeopardize U.S. security.

Bush told reporters traveling back to Washington with him from Colorado that he would veto legislation to stop the deal from going through.

"After careful review by our government, I believe the transaction ought to go forward," Bush said. He added that if the U.S. Congress passed a law to stop the deal, "I'll deal with it with a veto."

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