Control of US ports: Bush selling out on US security?

[Ivan Seeking]

ROVE has said that the deal can be delayed. I find it very interesting that Rove was chosen to do this.

On Thursday, White House Deputy Chief of Staff Karl Rove told FOX News' Tony Snow that the Bush administration wants to make Congress is comfortable with the contract, even if it means the sale of London-based Peninsular and Oriental Steam Navigation Co. is slightly pushed back[continued]

http://www.foxnews.com/story/0,2933,185875,00.html

 

[TheStatutoryApe]

The problem has been that most people can not differentiate between Radical and moderate Islam, thus eventually Islam itself became the object of our anger and distrust. We can not look at two Islamics and tell the difference. The end result has been that the racism, and religious intolerance that exists deeply implanted in our minds, was put there by the very same man who now proclaims that It is perfectly safe for an Islamic company to operate a number of our sea ports.

It may be better to refer to Middle Eastern countries. The issue isn't that they are muslims but where their country is located and the sort of criminal/political issues they have. Would we even know if a british company that runs a US port isn't owned and/or run by muslims?

 

[Ivan Seeking]

I have been watching some of the defense of this deal, and one concern repeatedly voiced is that we are going to offend Muslims if we act to protect our own interests.

This from the same people who supported the invasion of Iraq.

 

[SOS2008]

I have been watching some of the defense of this deal, and one concern repeatedly voiced is that we are going to offend Muslims if we act to protect our own interests.

This from the same people who supported the invasion of Iraq.

If the deal went through, would our image be improved in the Middle East, particularly Bush's image? What has offended the Middle East is the history of our meddling in their affairs--most recently the invasion of Iraq, Bush's aggressive rhetoric in general, and treatment of prisoners, all of which make this bungled deal look like nothing.

 

[BobG]

If the deal went through, would our image be improved in the Middle East, particularly Bush's image? What has offended the Middle East is the history of our meddling in their affairs--most recently the invasion of Iraq, Bush's aggressive rhetoric in general, and treatment of prisoners, all of which make this bungled deal look like nothing.

Wrong question.

If the deal with UAE went through, would Bush's image among the general populace of Iraq or Jordan or Saudi Arabia be improved? Probably about as much as a deal with Spain would improve our image among the general populace of Mexico, Germany, or Japan. Most people in the Middle East will be as excited as the population of Omaha gets when Tulsa gets a new Intel plant (both Omaha and Tulsa are in the midwestern US, just as UAE and Jordan are in the Middle East).

The excuse that rejecting the deal will offend Muslims is as lame as objecting to the deal just because the UAE is a Middle East country. The only people that will be excited or offended are the people with a financial link to DP World.

The deal needs to be weighed on its own merits, not by where the country is located geographically.

 

[Bystander]

Quick recap:

P&O, royal charter, 1840, without permission of U.S. Congress (GASP);

P&O contracts with six independent port authorities in U.S. to operate container terminals, terms of contracts have to have been approved by State and DOC;

P&O concludes agreement for sale of container operations to DPW, another overseas corporation in a venue outside jurisdiction of U.S. Govt. (GASP), and terms apparently include transfer, or assumption of contract obligations with six port authorities.​

"Control" of ports has not been transferred. Contract obligations with ports for operation of container terminals has been transferred. That is, the loading and unloading of sealed containers inspected and sealed at ports of origin by customs inspectors paid at rates determined by governments of the ports of origin, is now in the hands of the same people as before, who are now to be paid by DPW rather than P&O. Are the checks apt to bounce?

 

[SOS2008]

DP World also would acquire terminals in 18 other countries, but only the U.S. is concerned. Why? Because the 9-11 attack involved hijackers from the UAE, and because the United States remains a more likely target than other countries. Knowledge of U.S. operations is a valid concern, and not irrational or simply bias against Middle Eastern countries. Especially since there is little confidence in Homeland Security's ability to implement proper precautions.

Though it seems to me that the UAE would take great care to prevent terrorist attacks simply because it would be bad for business, personally I don't like U.S. dependency on anything. People point out that globalization is not something new, and that container traffic is dominated by foreign companies. But that doesn't mean globalization is always done in a beneficial way.

The Committee on Foreign Investment in the United States that reviewed the transaction is run by the Treasury Department, and includes officials from the departments of Defense, Justice, Commerce, State and Homeland Security.

Why are foreign investment negotiations and review of big corporate mergers done:
a) by a committee run by the Treasury Department?
b) via a secretive review process (and perhaps not a very thorough one at that)?

The Bush administration has followed a disturbing pattern in its approach to the war on terror. It has been perpetually willing to sacrifice individual rights in favor of security. But it has been loath to do the same thing when it comes to business interests. It has not imposed reasonable safety requirements on chemical plants, one of the nation's greatest points of vulnerability, or on the transport of toxic materials. The ports deal is another decision that has made the corporations involved happy, and has made ordinary Americans worry about whether they are being adequately protected.

It is no secret that this administration has pursued an aggressive antiregulatory agenda, and it has elevated corporate leaders to its highest positions. Treasury Secretary John Snow, whose department convened the panel that approved the ports deal, came to government after serving as the chief executive of the CSX Corporation, which was a major port operator when he worked there. (After he left, CSX sold its port operations to Dubai Ports World.)

http://www.nytimes.com/2006/02/22/opinion/22wed1.html?_r=2&hp&oref=slogin&oref=slogin

So additional concern is the lack of transparency in our so-called democracy. And that Americans are not the first consideration, but rather money, return of favors, and cronyism are what rule the day.

 

[Ivan Seeking]

From what I heard yesterday, it looks like we should expect legislation banning all foreign control of US ports.

Has anyone caught the bit with the UAE telling CNN that no interview would be granted until they tell Lou Dobbs to shut up - this was reported by Lou Dobbs.

Big fans of freedom of the press, obviously. Maybe this relates to their official support of a government that openly beat women in the streets - The Taliban.

Also

Sen. Carl Levin says the Bush administration ignored the law requiring a complete national security review of the port deal.

http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/

The author of the law says that Bush broke the law in bypassing the 45 day review. He claimed that this review is required since the company is owned by the UAE government. This was also reported on Lou Dobbs but I didn't spot the quote.

 

[Bystander]

(snip)Why are foreign investment negotiations and review of big corporate mergers done:
a) by a committee run by the Treasury Department?

Duties, tariffs, and other such odds and ends Treasury is charged with handling, when such negotiations and mergers affect this country.

b) via a secretive review process (and perhaps not a very thorough one at that)?(snip)

What secret? You can not possibly think that every person in Washington is going to ask permission of every last one of 300M people every time they take one step toward discharge of duties they've been elected, appointed, or hired to handle? The contracts were signed by local port authorities with P&O. They ARE transferrable. Those port authorities ARE bound by domestic and international law to those contracts.

If those local port authorities are engaged in activities which might be threatened by increased security restrictions imposed during the review process, I can understand their interests in breaking the contracts. Is that the case? Cocaine, other street-corner pharmeceuticals, bootleg CDs and DVDs are going to go up in price? Is that what the fuss is about?

 

[loseyourname]

Quick recap:

P&O, royal charter, 1840, without permission of U.S. Congress (GASP);

P&O contracts with six independent port authorities in U.S. to operate container terminals, terms of contracts have to have been approved by State and DOC;

P&O concludes agreement for sale of container operations to DPW, another overseas corporation in a venue outside jurisdiction of U.S. Govt. (GASP), and terms apparently include transfer, or assumption of contract obligations with six port authorities.​

"Control" of ports has not been transferred. Contract obligations with ports for operation of container terminals has been transferred. That is, the loading and unloading of sealed containers inspected and sealed at ports of origin by customs inspectors paid at rates determined by governments of the ports of origin, is now in the hands of the same people as before, who are now to be paid by DPW rather than P&O. Are the checks apt to bounce?

This raises a pretty damn good question. Does anybody here know what the responsibilities of Dubai Ports World will actually be after this sale is completed? All I could find was this:

Most Americans, he said, do not understand that Dubai Ports World would largely tend to crane and warehouse operations in some terminals at the ports of New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia. The Coast Guard would continue to patrol harbors, customs officers to protect cargo, and the Transportation Security Agency to check the backgrounds of port workers.

http://www.iht.com/articles/2006/02/22/news/ports.php

This sounds like everyone they hire will continue to go through exactly the same background checks they do now, and that security is completely out of their hands. The concern seems to be that they're going to now be able to place terrorist material into containers and get them into the US, which just doesn't make sense to me. Placing something in a container would have to take place at the country of origin, not here in the US, and would be subject to exactly the same security measures post-deal as ante-deal. They aren't going to be able to slip it through port security that they intentionally undermine because they aren't going to have any control over, or even any input into, port security. Am I wrong about this?

 

[edward]

http://www.cnn.com/CNN/Programs/lou.dobbs.tonight/

The author of the law says that Bush broke the law in bypassing the 45 day review. He claimed that this review is required since the company is owned by the UAE government. This was also reported on Lou Dobbs but I didn't spot the quote.

But Bush claims he knew nothing about the deal . Someone sure left him with an "ignorance defense".

 

[edward]

What secret? You can not possibly think that every person in Washington is going to ask permission of every last one of 300M people every time they take one step toward discharge of duties they've been elected, appointed, or hired to handle? The contracts were signed by local port authorities with P&O. They ARE transferrable. Those port authorities ARE bound by domestic and international law to those contracts.

Even Bush claims he didn't know about this until last Monday. We are at war and according to Bush's own words as far as national security is concerned neither law or the constitution apply to anything unless he says so.

The only people who knew about this were the review committe and the people who applied to the review committe. "That dog won't hunt" when we are at war. especially at war in the Middle East.

 

[edward]

http://www.iht.com/articles/2006/02/22/news/ports.php

This sounds like everyone they hire will continue to go through exactly the same background checks they do now, and that security is completely out of their hands. The concern seems to be that they're going to now be able to place terrorist material into containers and get them into the US, which just doesn't make sense to me. Placing something in a container would have to take place at the country of origin, not here in the US, and would be subject to exactly the same security measures post-deal as ante-deal. They aren't going to be able to slip it through port security that they intentionally undermine because they aren't going to have any control over, or even any input into, port security. Am I wrong about this?

Your link is entitled Bush tries to salvage deal

The background checks have been added only since this matter has come to the attention of congress. Bush didn't even know about the deal let alone any back ground checks previous to that.

Who does what differs at the six differen't ports. There are five more ports that P&O has an interest in.
http://portal.pohub.com/portal/page?_pageid=169,1,169_82863&_dad=pogprtl&_schema=POGPRTL

 

[loseyourname]

Hey edward, can we just concede that Bush is an idiot and a fool and get on to the matter of whether or not this deal deserves to be blocked or approved and whether or not the acquisition might actually pose a security risk?

 

[edward]

Hey edward, can we just concede that Bush is an idiot and a fool and get on to the matter of whether or not this deal deserves to be blocked or approved and whether or not the acquisition might actually pose a security risk?

I'll try LYN

 

[edward]

Here is one more red flag that whoever is behind this deal will ignore.

A major part of the story, however, has been mostly overlooked. The company, Dubai Ports World, would also control the movement of military equipment on behalf of the U.S. Army through two other ports. From today’s edition of the British paper Lloyd’s List:

[P&O] has just renewed a contract with the United States Surface Deployment and Distribution Command to provide stevedoring [loading and unloading] of military equipment at the Texan ports of Beaumont and Corpus Christi through 2010.

http://thinkprogress.org/2006/02/20/uae-military-equipment/

 

[Ivan Seeking]

The Carlyle Group

Could this be why Bush jumped to support the deal? [Also, IIRC, the Bin Ladens were in a meeting with GW Bush [senior] when the 911 attacks occurred. That really helps to instill trust].

Politicians affiliated with Carlyle
Alice Albright, daughter of ex-Secretary of State Madeleine Albright

James Baker III, former United States Secretary of State under George H. W. Bush, Staff member under Ronald Reagan and George W. Bush, Carlyle Senior Counselor

George H. W. Bush, former U.S. President, Senior Advisor to the Carlyle Asia Advisory Board from April 1998 to October 2003.

George W. Bush, current U.S. President. Was appointed in 1990 to the Board of Directors of one of Carlyle's first acquisitions, an airline food business called Caterair, which Carlyle eventually sold at a loss. Bush left the board in 1992 to later become Governor of Texas, where he was responsible for appointing several members of the board which controlled the investment of Texas teachers' pension funds. A few years later, the board decided to invest $100m of public money in the Carlyle Group.

Frank C. Carlucci, former United States Secretary of Defense from 1987 to 1989, chairman emeritus and currently strategic business advisor. Also, former Princeton roommate and wrestling partner of present US Secretary of Defense, Donald Rumsfeld.

Richard Darman, former Director of the U.S. Office of Management and Budget under George H. W. Bush, Senior Advisor and Managing Director of The Carlyle Group

William Kennard, Chairman of the U.S. Federal Communications Commission (FCC) under President Bill Clinton, Carlyle's Managing Director in the Telecommunications & Media Group

Arthur Levitt, Chairman of the U.S. Securities and Exchange Commission (SEC) under President Bill Clinton, Carlyle Senior Advisor

John Major, former British Prime Minister, Chairman, Carlyle Europe until May 2004, and other posts to the present

Frank McKenna, Canadian ambassador (effective March 1, 2005) to the United States, former member of Carlyle's Canadian advisory board

Mack McLarty, White House Chief of Staff under President Bill Clinton, President of Kissinger McLarty Associates, Carlyle Senior Advisor

Anand Panyarachun, former premier of Thailand
Colin Powell, former United States Secretary of State

Fidel Ramos, former president of the Philippines, Carlyle Asia Advisor Board Member until the board was disbanded in February 2004

Park Tae Joon, former prime minister of South Korea

Robert Zoellick, former United States Trade Representative and current Deputy Secretary of State

The Saudi Arabian relatives of Osama bin Laden (not Osama bin Laden himself) were also minor investors in Carlyle until October 2001 when the family sold its $2.02 million investment back to the firm in light of the public controversy surrounding the bin Laden family after September 11.

http://en.wikipedia.org/wiki/Carlyle_Group#Politicians_affiliated_with_Carlyle

I believe the above information is accurate. It is often cited without any apparent reprisals.
http://www.hereinreality.com/carlyle.html
http://www.guardian.co.uk/wtccrash/story/0,1300,583869,00.html
http://www.bushwatch.com/bushcarlyle.htm

A video from CNN:
Bush Family Ties to the UAE
http://www.democrats.com/bush-uae

 

[turbo]

If those local port authorities are engaged in activities which might be threatened by increased security restrictions imposed during the review process, I can understand their interests in breaking the contracts. Is that the case? Cocaine, other street-corner pharmeceuticals, bootleg CDs and DVDs are going to go up in price? Is that what the fuss is about?

The fuss is over the fact that UAE was the place where the 9/11 highjackers' money got laundered, and where a couple of the highjackers came from. The people operating cargo-handling equipment, warehouses, etc, at ports are not in charge of security, but they are in a unique position to observe security operations, the usual timing of inspections, locations of inspections, routes the security details take, the timing of shift changes, etc. This is all stuff a terrorist would dearly love to know if he wanted to use commercial shipping to get WMDs into the US.

The fact that the Bush administration tried sliding this through quietly as a "done deal" gives the impression that they knew that there would be a public backlash once the details got out.

 

[SOS2008]

The fuss is over the fact that UAE was the place where the 9/11 highjackers' money got laundered, and where a couple of the highjackers came from. The people operating cargo-handling equipment, warehouses, etc, at ports are not in charge of security, but they are in a unique position to observe security operations, the usual timing of inspections, locations of inspections, routes the security details take, the timing of shift changes, etc. This is all stuff a terrorist would dearly love to know if he wanted to use commercial shipping to get WMDs into the US.

The fact that the Bush administration tried sliding this through quietly as a "done deal" gives the impression that they knew that there would be a public backlash once the details got out.

This is in follow-up to Ivan's post as well--according to this source:

http://upi.com/SecurityTerrorism/view.php?StoryID=20060223-051657-4981r

DP World has been "poised to take over port terminal operations in 21 American ports, far more than the six widely reported."

In the meantime a report entitled :"House Homeland Security Cmte. GOP Chair: "There Are Real Issues Here And The White House Should Realize It"... by NBC has been spiked. There are more concerns that have been coming to light. For example the port in Dubai is one of the major ports in the world involved with smuggling of counterfeit and contraband, and they have close ties to a host of shipping companies, including those owned by the Bin Laden family.

I was watching the McLaughlin Group the other night, and in an exchange with Mort Zuckerman of US News, John McLaughlin revealed that when he (McLaughlin) was in Dubai eight months ago, he encountered an Israeli mission to Dubai that was there with the intent of opening business contacts in Dubai. But the only source reporting this is:

http://english.aljazeera.net/NR/exeres/184FCB4A-39BD-4A0A-B38B-81FCFBD951BE.htm

Hmm, so maybe this is about sweetening a pot on many levels, including talks with Israel? (Has anyone seen Chertoff lately--what's his role in all this?)

It isn't just the security issues that are of concern, but from day one I have wondered about the "why" of it all. As usual we see secretiveness and contradiction, such as when/how much Bush knew about the deal. This is bothering.

Speaking of flip-flops, Frist never ceases to amaze me. He has now come out in support of Bush and the port deal. How can he (Frist) review national security of our ports in a day or two without any hearings or testimony? Did he watch a video tape? I think he's the one who is brain dead. (Or getting some kind of kick-back?)

 

[edward]

The Bush family has been in bed with the Carlyle Group for years. And what has the Carlyle Group been up to?:

Back to Dubai...Carlyle bought CSX World Terminals in 2003 for $300 million and just two year's later flipped it to the company now known as Dubai Ports World for a near 400% profit at a cool $1.12 billion. Again nice work, and a sweet price. Especially since John Snow had all but ran CSX into the ground. Since 1991 CSX's profits have shrunk drastically with its stock underperforming its rivals' by more than 65%

http://www.dailykos.com/story/2006/2/23/14935/2494

There is a lot of info in the link on who influences what in regards to the Bush family and the middle east. Oh what a tangled web they weave.

Like everyone else in the United States, the group stood transfixed as the events of September 11 unfolded. Present were former secretary of defense Frank Carlucci, former secretary of state James Baker III, and representatives of the bin Laden family. This was not some underground presidential bunker or Central Intelligence Agency interrogation room. It was the Ritz-Carlton in Washington, D.C., the plush setting for the annual investor conference of one of the most powerful, well-connected, and secretive companies in the world: the Carlyle Group. And since September 11, this little-known company has become unexpectedly important.

http://www.redherring.com/Article.aspx?a=6793&hed=Carlyle

It appears that this deal goes so deep it may reach all the way down into the sewer.
For the Bush family it is just business as usual. For the rest of us: When do we get America back?

It appears that the old "follow the money" quote is the way to get to the bottom of this rotten deal.

 

[SOS2008]

The Bush family has been in bed with the Carlyle Group for years. And what has the Carlyle Group been up to?:

http://www.dailykos.com/story/2006/2/23/14935/2494

There is a lot of info in the link on who influences what in regards to the Bush family and the middle east. Oh what a tangled web they weave.

http://www.redherring.com/Article.aspx?a=6793&hed=Carlyle

And with the Saudis in general. Information about the Carlyle Group isn't easy to obtain, because they like it that way (imagine that).

But since the start of the "war on terrorism", the firm - unofficially valued at $3.5bn - has taken on an added significance. Carlyle has become the thread which indirectly links American military policy in Afghanistan to the personal financial fortunes of its celebrity employees, not least the current president's father. And, until earlier this month, Carlyle provided another curious link to the Afghan crisis: among the firm's multi-million-dollar investors were members of the family of Osama bin Laden.

For more: http://www.guardian.co.uk/wtccrash/story/0,1300,583869,00.html

Here is what Wiki has about it:

"The Carlyle Group is a Washington, D.C. based global private equity investment firm."

"Critics of the Carlyle Group frequently note its connections to various political figures" (including both Bush Sr. and Bush Jr.) because of "conflicts of interest when political decision makers have their own personal wealth linked to such investments." "...It is a private equity firm that owns controlling or partial interests in a portfolio of companies, some of which are contractors for the military (though this is the area for which it is most well known)."

In the book House of Bush, House of Saud, author Craig Unger states that Saudi Arabian interests have given 1.4 billion Dollars to firms connected to the Bush family. ...Nearly 90% of the 1.4 billion, about 1.18 billion, refers to Saudi Arabian government contracts awarded to defense contractor BDM in the early to mid 1990s. At that time BDM was owned by the Carlyle Group.

http://en.wikipedia.org/wiki/Carlyle_Group

The Carlyle Group has managed the financials for the Saudi Binladen Corporation (SBC), primarily a construction company also with connections to Bechtel:

Jane Mayer of The New Yorker writes about the connections of Bechtel, the Bin Laden Group/family, and Bush, and past, administration officials, "The bin Ladens have a ten-million-dollar stake in the Fremont Group, a San Francisco-based company formerly called Bechtel Investments, which was until 1986 a subsidiary of Bechtel. ...Riley Bechtel, is the chairman and chief executive officer of the Bechtel Group, and is a member of the Bush administration.

http://www.sourcewatch.org/index.php?title=Bechtel

And SBC is involved in many other areas:

The Bin Laden Group is currently participating in various fields of activities including telecommunications, real estate and oil production. All the projects of the corporation are concentrated within the Arabian Peninsula, although it as an office and a few proprieties in the United-Sates and in Europe as well.

http://www.theworldjournal.com/2002/osamabusiness.htm

Most of the Bin Laden Group's activity is in Saudi Arabia. The Info-Prod database lists hundreds of companies owned by the family in a wide range of fields. ...They have a tourism company and a shipping company.

...An indirect connection between President George W. Bush and the bin Laden family was created via Texas entrepreneur James Bath. Bath was Salem's commercial representative in Texas from 1976-1988. During that time, he invested $50,000 in Bush's company, Arbusto Energy. In 1990, Bush told The Houston Post that he had never had any business dealings with Bath. In 1999, his spokeswoman said that, apart from the investment in Arbusto, Governor Bush had no business with Bath.

http://www.haaretzdaily.com/hasen/p...ontrassID=3&subContrassID=0&sbSubContrassID=0
(Sound familiar? Hint - Abramoff?)

Once the Soviets pulled out of Afghanistan, [Osama] bin Laden returned to Saudi Arabia to work for the family construction firm, the bin Laden Group. He became involved in Saudi groups opposed to the reigning Saudi monarchy, the Fahd family.

http://archives.cnn.com/2001/US/09/12/binladen.profile/

Until 9-11, according to Wiki:

The Saudi Arabian relatives of Osama bin Laden (not Osama bin Laden himself) were also minor investors in Carlyle until October 2001 when the family sold its $2.02 million investment back to the firm in light of the public controversy surrounding the bin Laden family after September 11.

http://en.wikipedia.org/wiki/Carlyle_Group

Also in an attempt to avoid any association with the suspected terror mastermind, one of the Bin Laden group's subsidiaries changed its name in 1999, from Bin Laden Telecommunications to Baud Telecommunications Company (BTC).

http://www.sourcewatch.org/index.php?title=Bin_Laden_Group

Though many remain skeptical that the family would ever completely cut Osama off:

Despite their repeated avowals to have broken off all contact with him, not all of the brothers have completely ostracized him. Two of Osama's brothers and one of his sisters made it to his son Mohammed's wedding in Kandahar in January.

In a March 1997 interview with CNN's Peter Arnett, bin Laden was asked whether his relatives had asked him to cease his activities. His response revealed the close connection he still has with them: "They pressured me many times," he said. "My mother, my uncle and my brother came to Khartoum nine times and asked me to come back to Saudi Arabia and to apologize to King Fahd."

http://www.haaretzdaily.com/hasen/p...ontrassID=3&subContrassID=0&sbSubContrassID=0

Finding information on DP World is even harder. The basics are here: http://today.reuters.com/investing/...222:MTFH99493_2006-02-22_17-07-19_N22406644:1

Other than that, we know of questionable relations between the UAE and Osama, and we know the UAE owns DP World.

WASHINGTON -- The United States raised concerns with the United Arab Emirates seven years ago about possible ties between officials in that country and Osama bin Laden, according to a section of the Sept. 11 commission's report that details a possible missed opportunity to kill the al-Qaida leader.

http://www.suntimes.com/output/terror/cst-nws-portbin24.html

The difficulty in obtaining information only attests to the need for investigation into DP World, and more openess from the Bush administration.

 

[russ_watters]

Oh dear lord - I hadn't checked this thread in a while (I'm only looking now because of SOS's reference in another thread). It really has become just another F911 conspiracy theory thread. Michael Moore was lying to you, guys, and you can do 6 degrees of Bin Laden just as easily as you can do 6 degrees of Kevin Bacon.

A girl I went to high school with (I didn't know her, but I'm sure we passed in the hall once or twice...) was in a Kevin Bacon movie, so that's 2 degrees to me and now 3 degrees to all of you. Congratulations - now you'll always win that game...

On a more sinister note, I met Colin Powell when he gave a speech at the Naval Academy a few years back, so that means that any connection between Bush and Bin Laden also hits all of you - so all of you must have been involved in 9/11 as well.

 

[russ_watters]

One irony I couldn't pass up:

The difficulty in obtaining information only attests to the need for investigation into DP World, and more openess from the Bush administration.

Difficulty in obtaining information? Most of your sources were newspapers - it doesn't get any easier than that!

 

[SOS2008]

One irony I couldn't pass up: Difficulty in obtaining information? Most of your sources were newspapers - it doesn't get any easier than that!

If you look at the backgrounds of the main players in the Bush administration you will see business affiliations (Harkin, Halliburton, etc.) that were acquired without qualifications and despite track records of ineptitude, for example. If you look at the Bush administration you will see more of the same--cronyism, ineptitude, greed, etc. For those who question authority (which I highly recommend), and for those who believe people remain fundamentally the same through life (for example the trait of lying) it is natural to wonder why BushCo does anything it does.

Also, when there is secretiveness, contradictions, and vague information, it will lead to speculation. For example, there is speculation that the deal was done in preparation for military strikes against Iran. The Bush administration brings this on themselves, and the same applies to management style in a company. I trust them as far as I can throw them.

 

[edward]

It appears that according to federal law , the president or his designee, was supposed to be on top of this from the very beginning. OK We have been told that Bush supposedly was not aware of this sale, or the investigation, so how did he appoint someone to represent him??

EXON-FLORIO PROVISION

Introduction. The United States has traditionally welcomed Foreign Direct Investment (FDI) and provided foreign investors fair, equitable and nondiscriminatory treatment with few limited exceptions designed to protect national security. The Exon-Florio provision is implemented within the context of this open investment policy. The intent of Exon-Florio is not to discourage FDI generally, but to provide a mechanism to review and, if the President finds necessary, to restrict FDI that threatens the national security.

http://www.treasury.gov/offices/international-affairs/exon-florio/

We could say that he didn't find necessary, but Bushco is saying that there was an adequate investigation. So who was his designee?

The Exon-Florio statute established a 30-day review following receipt of a notification. For those transactions for which an extended 45-day review (or "investigation") is completed, a report must be provided to the President, who must by law announce the final decision within 15 days. In total, the process can not exceed 90 days. The statute requires the President to inform Congress of his determination of whether or not to take action under section 721.

The president was left out of the loop, Congress informed him!

 

[russ_watters]

SOS, I'm compelled to ask if you've paid much attention to politics before the Bush admin? Cronyism (the other two are matters of opinion) is an enormous part of what politics is all about.

 

[russ_watters]

Edward, earlier in the thread there was discussion about the committee that "approved" the sale.

 

[edward]

Edward, earlier in the thread there was discussion about the committee that "approved" the sale.

I am well aware of that Russ. The post above has a direct link to the Treasury Department and to the exact function of that committee.

The rules require that the president or his designee oversee the investigation and then report their findings to Congress. This was not done. Again I ask, How did Bush appoint a designee if as he claims, he was not aware of the P&O to DPWorld sale?

 

[Bystander]

(snip)Again I ask, How did Bush appoint a designee if as he claims, he was not aware of the P&O to DPWorld sale?

POTUS is required make individual appointments for every instance in which foreign acquisition of another foreign corporation occurs? You're absolutely certain that the DPW acquisition of P&O is that unique an event?

 

[edward]

POTUS is required make individual appointments for every instance in which foreign acquisition of another foreign corporation occurs? You're absolutely certain that the DPW acquisition of P&O is that unique an event?

There have of course been many sales of American assets to foreign countries. There have likewise been many international buy outs and mergers.

I am confident in saying that this is a first for America in two ways.

1. This is a first in that a country known to have recently given aid to an enemy has been considered.

2. It is also the first time that a state owned company has been given consideration for the acquisition of American assets or operations.