Culture of Corruption: Dubai company involved with Bush Co.
Tue Feb 21, 2006 at 08:27:14 AM PDT
Michael McAuliff of the New York Daily News has written an article that points out two connections between this Dubai company and the Bush administration:
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.
-more below
By now it should be perfectly clear that this administration could care less about the well being of this nation. I mean, how much more blatant does it need to be? Their only interest is to enrich themselves along with their allies by pillaging our nation and laying the burden solely on the back of the american people.
As if those connections weren't troubling enough, this article also states that procedures which are usually followed for approving such a deal might have been subverted.
The New York Daily News has learned that lawmakers also want to know if a detailed 45-day investigation should have been conducted instead of one that lasted no more than 25 days.
According to a 1993 congressional measure, the longer review is mandated when the company is owned by a foreign government and the purchase "could result in control of a person engaged in interstate commerce in the U.S. that could affect the national security of the U.S."
Congressional sources said the president has until March 2 to trigger that closer look.
Read the Whole Article
-sorry about the short diary, i'm on my way to take a midterm.
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