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Frist Proposes Face-saving Dubai Deal
Time Magazine online ^ | Feb. 25, 2006 | Timothy Burger, Mike Allen & Matthew Cooper

Posted on 02/26/2006 8:25:29 AM PST by jraven

Moving toward a deal that could allow President Bush and congressional GOP leaders to save face and avert a prolonged confrontation, GOP officials said today that they were discussing the idea of having Dubai Ports World seek a new review of its acquisition of a British company's operation that runs several key U.S. ports.

House Homeland Security Committee Chairman Peter King, confirmed in a phone interview early Saturday afternoon to TIME that officials were close to a deal involving the Congressional leadership, the White House and the Dubai company. The agreement would call for a 45-day “CFIUS-plus investigation,” King said, referring to the Committee on Foreign Investment in the United States, a Treasury Department-run interagency panel that probes proposed acquisitions in the U.S.

Although the Dubai deal had already been approved by CFIUS, "the rationale for reopening it is, once DP carved out the American ports from the rest of the contract it changed the nature of the agreement so it had to be reviewed again," says King, who had been among the leading GOP voices opposing the deal as first approved without the extra 45-day review process or briefing of Congress. King says will await final details before formally backing any such deal. King added "if we are going to hold back on legislation, I think there has to be continuous congressional review throughout the new CFIUS review.”

If approved by all parties, the new deal would allow Bush to avert a GOP-driven bill to overturn the Dubai deal with enough votes to override Bush's threat of his first veto. Republican sources tell TIME that Senate Majority Leader Bill Frist of Tennessee proposed the basic terms of a deal designed to give the White House a graceful way out, while also allaying the concerns of the many lawmakers in both parties who have said the deal could be a threat to our security. Under the Frist plan, the deal could stand a good chance of ultimately going through after the extended review. Frist aides apparently proposed the terms to representatives of the company and the White House late Friday. Neither has formally responded but both seemed interested in the idea, according to a Senate Republican aide. "This avoids a direct clash," the aide said. "It solves everyone's problem. The President doesn't have to cancel the deal or veto anything."

Under Frist's plan, the company would voluntarily separate U.S. ports from the rest of the deal for 45 days, allowing them to continue to operate as they do while the deal is re-vetted. That would allow a new review through the administration's Committee on Foreign Investments in the U.S. (CFIUS). Administration officials remain adamant that their first review was thorough and proper, so the face-saving element was crucial, according to one Capitol Hill negotiator. Frist is proposing that this time, CFIUS do the extra 45-day review that the law calls for in transactions where there are national security concerns. That provision was not triggered last time because administration officials had no remaining concerns at the end of the first review. This approach would eliminate the need for new legislation now, the Republican sources said.


TOPICS: Business/Economy; Foreign Affairs; Government; Politics/Elections; War on Terror
KEYWORDS: 109th; arabs; business; dubai; frist; isolationism; kneejerkflipflop; liberalpropaganda; ports; protectionism; rinos; security; terrorism; uae; waronterror; xenophobicsenators
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To: jraven

Good. Let's vet.... and let's look into the Carlyle Group


21 posted on 02/26/2006 8:48:53 AM PST by Lexington Green (Guess the war is over. Ya-hoo!)
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To: Marine Inspector
64% of Americans are clueless or racists.

I agree. they are also, aiding the enemy by giving them propaganda to work with. "look the Americns spit on their allies just because they are Ababs"

22 posted on 02/26/2006 8:49:08 AM PST by Echo Talon
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To: Eric in the Ozarks

Well, Eric - did you know that P&O was dragging its feet on implementing expensive security upgrades, and the COO of DWP (an American) has stated they would have implemented those right away - now we are going to have a further gap in at least that specific weakness (publicized to al Qaeda no less) caused by Democrats but unbelievably assisted by GOP Members of Congress too.


23 posted on 02/26/2006 8:50:49 AM PST by clawrence3
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To: Eric in the Ozarks
...and me. The racist label doesn't impress me when it's being thrown by the likes of Jackson, Sharpton, et al...surely someone who posts on FR would have half a clue.

...and the "clueless" stuff...that's not an argument, that's designed to avoid argument. If it's this clear cut and right, surely someone could explain why...?

24 posted on 02/26/2006 8:51:01 AM PST by gogeo
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To: DoughtyOne
Perhaps they're just people who came to a different conclusion than you did. Last time I checked, they still had the right to do that.

An uniformed conclusion is a bad conclusion, but your right, they have a right to form bad conclusions.

25 posted on 02/26/2006 8:52:11 AM PST by Marine Inspector (Government is not the solution to our problem; Government is the problem)
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To: Echo Talon
they are also, aiding the enemy by giving them propaganda to work with. "look the Americns spit on their allies just because they are Ababs"

Agreed.

26 posted on 02/26/2006 8:52:55 AM PST by Marine Inspector (Government is not the solution to our problem; Government is the problem)
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To: digger48

Polls can fly?


27 posted on 02/26/2006 8:53:05 AM PST by jamese777
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To: DoughtyOne

I'm not saying "racist", but "clueless" fits to a tee (especially since the classified national security aspects of this have not been - and should not be through Congressional interference - completely revealed). Either you trust the Administration, or you don't - if you don't have all the facts, then that's the definition of "clueless".


28 posted on 02/26/2006 8:54:00 AM PST by clawrence3
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To: Marine Inspector

In their opinions you have. I don't see where this gets you or them. You think you've come to the right conclusion. Good for you. I disagree but hey, you came to this conclusion after reviewing the information I did. That's the way it's supposed to work.


29 posted on 02/26/2006 8:56:15 AM PST by DoughtyOne (If you don't want to be lumped in with those who commit violence in your name, take steps to end it.)
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To: nj26

---64% of Americans are opposed to this deal, per Rasmussen. Not a winning issue for the GOP.---

51% on FR are in favor, with 36% opposed.


30 posted on 02/26/2006 8:56:53 AM PST by claudiustg (Delenda est Iran!)
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To: Echo Talon

"I agree. they are also, aiding the enemy by giving them propaganda to work with. "look the Americns spit on their allies just because they are Ababs'"

Israel is also an ally and the United Arab Emirates has never recognized Israel's right to exist (unlike other Arab states such as Egypt and Jordan). The UAE participates in the Arab economic boycott of Israel and the UAE recognized the Taliban as the legitimate government of Afghanistan. That's an "ally?"


31 posted on 02/26/2006 8:56:58 AM PST by jamese777
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To: jamese777
Polls can fly?

John Kerry was a passenger on one until around midnight of Election Day.

32 posted on 02/26/2006 8:57:17 AM PST by digger48
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To: clawrence3

If that makes you happy I can live with it. It doesn't sway my opinion to see folks on your side try to label everyone who disagrees with them the way you have. I'm sure it doesn't sway you to see folks on my side do the same thing. That's why I've come to the conclusion that it's pointless.


33 posted on 02/26/2006 8:58:31 AM PST by DoughtyOne (If you don't want to be lumped in with those who commit violence in your name, take steps to end it.)
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To: jamese777
Israel is also an ally and the United Arab Emirates has never recognized Israel's right to exist (unlike other Arab states such as Egypt and Jordan). The UAE participates in the Arab economic boycott of Israel and the UAE recognized the Taliban as the legitimate government of Afghanistan. That's an "ally?"

Do you know this UAE company works with an Israeli company named Zim? Maybe geopolitics are a little to complicated for you to understand.

34 posted on 02/26/2006 8:59:15 AM PST by Echo Talon
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To: jamese777

According to Rumsfeld and the military brass, yes. Stalin was not so likeable personally either - good thing you weren't advising FDR during WWII though.


35 posted on 02/26/2006 9:01:39 AM PST by clawrence3
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To: digger48
If you consider a poll taken in the heighth of hysteria the "truth", knock yourself out. -Please.

You forgot to say please....

36 posted on 02/26/2006 9:02:56 AM PST by joesnuffy (A camel once bit our sister..but we knew just what to do...we gathered rocks and squashed her!)
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To: DoughtyOne

It DOESN'T make me happy to see the GOP split like this (any more than the Miers fiasco did), so get a clue then - did you know that P&O was dragging its feet on implementing expensive security upgrades, and the COO of DWP (an American) has stated they would have implemented those right away?! Now we are going to have a further gap in at least that specific weakness (publicized to al Qaeda no less) caused by Democrats but unbelievably assisted by GOP Members of Congress - where's the logic in that?


37 posted on 02/26/2006 9:03:20 AM PST by clawrence3
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To: joesnuffy

As a regular rider on the Staten Island Ferry,I think the President is out of touch with reality.


38 posted on 02/26/2006 9:06:10 AM PST by ardara
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To: gogeo

Racist ? No. Just suspicious.


39 posted on 02/26/2006 9:06:19 AM PST by Eric in the Ozarks (BTUs are my Beat.)
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To: Eric in the Ozarks

Did you see my question to you? Here's another port that has no problem with the transfer:

[Statement issued by the Port of Houston Authority on 23 February 2006]

The recent announcement of plans by the Dubai Ports World (DP World) to purchase P&O Ports (P&O) will not have an impact on any of the facilities or operations of the Port of Houston Authority (PHA).

The PHA is a political subdivision chartered by the state of Texas. It owns and either operates or leases 12 public facilities. The PHA does not own or operate private facilities.

Specifically in Houston, P&O leases space at the PHA's Barbours Cut Container Terminal for container and chassis repair and container storage. At the PHA's Turning Basin Terminal, P&O maintains a freight handling assignment and is licensed to provide stevedore services. P&O does not own or operate public (PHA) facilities.

P&O, a private company headquartered in London, is involved in worldwide container terminal operations and stevedore services for the maritime industry.

The Port of Houston comprises more than 150 public (PHA) and private terminals along the 53-mile Houston Ship Channel. The port's private terminals include several U.S.-based, foreign-based and multi-national corporations. Approximately 85% of cargo that moves through Houston's port is handled at private facilities. A large portion of the port's private facilities are engaged in production, refining and transportation operations related to the global oil, gas and chemical industries.

PORT SECURITY All port facilities in the U.S. that are engaged in commercial activities across interstate lines or international borders -- whether public or private, domestic or foreign -- are subject to state and federal security statutes as well as the rules and regulations of the U.S. Department of Homeland Security and other federal agencies. The federal government takes the lead in protecting America's ports. The U.S. Department of Homeland Security, primarily through the activities of Customs and Border Protection (CBP) and the U.S. Coast Guard, runs many programs to secure U.S. ports. The U.S. Coast Guard is responsible for maritime security and reviewing and approving security plans for vessels, port facilities and port areas which are required by the MTSA. Customs and Border Protection is responsible for cargo security, and screens and inspects cargo entering the U.S. through every U.S. port.

Other cargo security programs include:

-- Container Security Initiative (inspection of U.S. import cargo by CBP prior to leaving the outbound foreign port)

-- Use of radiation detection equipment to screen for weapons of mass destruction -- Use of other non-intrusive inspection devices

-- Customs Trade Partnership Against Terrorism (C-TPAT), which encourages maritime stakeholders to verify their security measures.

The Port Security Grant program and the pending implementation of the Transportation Worker Identification Credential (TWIC) are also important parts of America's port security portfolio to provide layered security.

While the federal government takes the lead on waterside and cargo security, overall security is a shared responsibility with port authorities, facility and vessel operators, and state and local law enforcement agencies providing additional security. The Maritime Transportation Security Act also establishes local security committees to evaluate and make improvements in each port.

In general, port infrastructure throughout the U.S. and around the world consists of diverse collections of docks, warehouses, and terminals. For the past two decades, it has been a common maritime industry practice for private port facilities in some countries to be operated by organizations that are based in other countries. This is widely regarded as the nature of trade and commerce in today's global economy.

For more information, please visit www.portofhouston.com .

Contacts:

Port of Houston Authority Argentina M. James, Director of Public Affairs Office: (713) 670-2568 Cell: (713) 306-6822 ajames@poha.com

Felicia Griffin, Communications Manager Office: (713) 670-2644 Cell: (713) 594-5620 fgriffin@poha.com


40 posted on 02/26/2006 9:08:14 AM PST by clawrence3
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