Rekjalhew

February 22, 2006

Two Bush Administration Ties to UAE Company

by @ 11:34 am. Filed under Questionable Items, Terrorism and War

The deal only looks worse.

W aides’ biz ties to Arab firm

WASHINGTON – 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.

And now reports mention that President Bush did not know about this deal until after it was approved.

White House: Bush didn’t know about ports deal until it was OK’d

WASHINGTON (AP) ? President Bush was unaware of the pending sale of shipping operations at six major U.S. seaports to a state-owned business in the United Arab Emirates until the deal already had been approved by his administration, the White House said Wednesday.

Defending the deal anew, the administration also said that it should have briefed Congress sooner about the transaction, which has triggered a major political backlash among both Republicans and Democrats.

“He became aware of it over the last several days,” McClellan said. Asked if Bush did not know about it until it was a done deal, McClellan said, “That’s correct.”

It’s time for President Bush to back away from supporting this deal. If he continues to support it his administration will remain forever tarnished.


Related post:
Bush Does Not Get It. But Congress Better!



Comments are closed.

Independent Conservative - Copyright 2008 - Copyright Notice

[powered by WordPress.]

40 queries. 0.227 seconds