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February 21, 2006
Long Shore Showdown?
President George W. Bush said a Dubai company's bid to manage six major U.S. ports should go forward, threatening to veto legislation that blocks the transaction because of security concerns."After careful review by our government, I believe the transaction ought to go forward," Bush told reporters aboard Air Force One as he returned to Washington from a speech in Golden, Colorado. "We believe this is a legitimate deal that will not jeopardize the security of the country and at the same time send out a signal that we're willing to treat people fairly."
In response to a question, Bush said he would veto any legislation enacted to block the deal.
"I don't view it as a fight, I view it as the right policy," he said.
The administration's approval of the acquisition of London- based Peninsular and Oriental Steam Navigation Co. by a firm controlled by the United Arab Emirates has ignited a storm of protests from Democrats and Republicans in Congress and from governors of the states where the ports are located.
Why do I get the feeling that basing rights might be involved?
Posted by Mike at February 21, 2006 04:06 PM
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