Bush approves Dubai defense purchase

[Sparkly]

(Reuters) -
President George W. Bush approved Dubai's $1.24 billion takeover of Doncasters, a British engineering company with U.S. plants that supply the Pentagon, the White House said on Friday.

The decision, announced by White House spokesman Scott McClellan, followed a congressional uproar over security fears that scuttled another Dubai state-owned company's plan to acquire operations at major U.S. ports.

The interagency Committee on Foreign Investments in the United States sent its confidential recommendation on the Dubai takeover of Doncasters to Bush on April 13.

"The president this morning accepted the committee's recommendation," McClellan said. "The committee recommended approval of the transaction after closely scrutinizing it and concluding that it would not compromise our national security."

http://news.yahoo.com/s/nm/20060428/pl_nm/security_dubai_bush_dc

[underpants]

1. Once again W is forced by Clinton and the Dem minority to..

do something he would never even consider doing.

[rodeodance]

3. yes, we do have power--just need to use it.

[JuniperLea]

5. I guess he considers their opposition a double-dog dare

:shrug:

[rodeodance]

2. That is quite a 'defient' look on his face!

[AndyA]

4. No, it just proves what a HUGE PRICK the man is! n/m

[KoKo]

6. I wonder what Congresses reaction to this will be?

I wonder if anyone cares anymore.

[Sparkly]

7. I hope Democrats call for a thorough look at this.

Who IS the Committee on Foreign Investments? How closely has this been looked at by the Pentagon, CIA and FBI, beyond whoever represents them on this "interagency" committee?