Dubai Failed US Port Deal

Due to the strong of pubic opposition, a Dubai company withdrew its planning to take up stakes on some US ports and thus failed to strike a deal with Bush Admistration which is now critised heavily and rebuffed by Congress. WP's edtorial thrills Congress's braveness:


THEY SPEND drunkenly, they fail at oversight and they can't stop the administration from abusing detainees or tapping phones. But never call the members of Congress powerless: Yesterday, in the exalted name of anti-terrorism, the Senate rebelled against its Republican leadership and joined the House in a vote to prevent a company based in a moderate, friendly Arab country from making a minor investment in the United States. When it became clear that some such blocking measure would pass, Dubai Ports World threw in the towel, announcing that it would sell all of its U.S. operations, including the management operations of six U.S. ports it recently acquired, and do business elsewhere.


Some, meanwhile, will blame the public, because opinion polls showed overwhelming objections to this deal. But it was Congress that brought this matter to public attention; here we think, for example, of the cynical actions of two Democratic senators from New York: Hillary Rodham Clinton and Charles E. Schumer, who heads his party's effort to win back control of the Senate in this year's elections. Congress falsely portrayed the deal as the "purchase" of U.S. ports. Congress failed to tell the public that port security is run by the U.S. Coast Guard, not the men who pay the salaries of the (overwhelmingly American) longshoremen. Congress created this storm, in other words, and then toppled in its wind. (Link)


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Tags:Bush, Dubai, Politics

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Dubai Failed US Port Deal

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