Free Republic

The deal between Doncasters Group and Dubai International Capital got the green light today from President Bush. The deal was scrutinized by CFIUS and the Pentagon. Congress (for now) seems okay with the deal. According to the Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2006/04/28/AR2006042800748.html"This investigation was a significant improvement over what happened before," said House Homeland Security Chairman Peter T. King, R-N.Y. "It's been much more thorough, much more detailed." Even Chuckie Schumer is okay with this deal. Per the WaPo... "There are two differences between this deal and the Dubai ports deal," he said in a statement. "First, this went through the process...

Not only did Sen. Chuck Schumer stir up the political firestorm against DP World at the behest of Eller & Co, but Schumer’s staff sent reporters on a wild goose chase for experts to back up his claims. According to “Dubai or Not Dubai: Chuck on Killed Deal”, by Ben Smith and published by the New York Observer, Joe Muldoon III, a lobbyist for Eller & Co, “put together a white paper arguing that the deal could compromise US security”. In LATE JANUARY, a copy of the white paper was given to Schumer aide, Josh Vlasto. When Ted Bridis from...

The opponents of the DP World purchase of terminal leases at six US ports owe Sen. Chuck Schumer a bottle of champagne. If not for the Herculean efforts of Sen. Schumer, Arabs would control several terminals at the ports in New York, New Jersey, New Orleans, Miami, Philadelphia and Baltimore. Without even having to get involved in a bidding war, some US based terminal operator is going to own the leases that DP World is giving up. By using a campaign of complete and total misinformation while under the influence of a jilted US terminal operator and fanning the flames...