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Tuesday, February 21, 2006

Dubai Ports


DUBAI FIRM TIED TO WHITE HOUSE
Tuesday, February 21, 2006 - FreeMarketNews.com
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 department 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 who was tapped by Bush last month to head the U.S. Maritime Administration...

Uh yeah, like I said
Happy Valentines Day from Homeland Security Sold, to the highest bidder

Treasury Secretary John Snow last week informed Congress that he would begin borrowing from the federal employees’ retirement fund to avoid exceeding the nation’s statutory debt limit of $8.184 trillion
GOP, once noisy over debt limit hikes, zips its lip on this one

Repukes, what you gonna do?

Bush Shrugs Off Objections to Port Deal-
WASHINGTON - Brushing aside objections from Republicans and Democrats alike,
President Bush endorsed the takeover of shipping operations at six major U.S. seaports by a state-owned business in the United Arab Emirates. He pledged to veto any bill Congress might approve to block the agreement

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