Redux: March 4- White House Looking for US Partner for Dubai Ports

[liveoaktx]

http://www.nydailynews.com/news/wn_report/story/396627p-336188c.html

****A subsidiary or a deal like that.

The White House is quietly pushing a Dubai company to "significantly restructure" and partner up with a U.S. outfit to keep the port deal from sinking, sources told the Daily News yesterday.
"It's in the hands of the company now. ... They're going to have to significantly restructure," said a Republican source familiar with White House expectations.

A revamped deal to allow Dubai Ports World to take over six major U.S. ports - including Manhattan's cruise ship terminal and Newark's container depot - would have to be something along the lines of the Marine One contract.

British- and Italian-owned AgustaWestland had to take on Maryland-based Lockheed Martin to win the contract to build the President's helicopter last year.

[jaxx]

1. Nowhere does it say they will sell the ports

WASHINGTON (AP) - Bowing to ferocious opposition in Congress, a Dubai-owned company signaled surrender Thursday in its quest to take over operations at U.S. ports.

"DP World will transfer fully the U.S. operations ... to a United States entity," the firm's top executive, H. Edward Bilkey, said in an announcement that capped weeks of controversy.

http://apnews.excite.com/article/20060309/D8G8AMNO8.html



Looks like who's on 1st to me.

[liveoaktx]

2. Already a lot of the news is talking as if this new deal puts one

over on Bush. Bush doesn't come out well no matter what, but unless people understand that the White House orchestrated this IN ORDER to do a front company operation, Bushco will be screwing over the public... again.

[jaxx]

3. Look at this. The broom sweeping the dirt under the rug.

<snip> "It does provide a way forward and resolve the matter so we can continue working on other important priorities," said White House spokesman Scott McClellan.

<snip> The company's announcement came as a bit of a surprise to the White House, officials said.

http://reuters.excite.com//article/20060309/2006-03-09T235705Z_01_N09214469_RTRIDST_0_POLITICS-SECURITY-PORTS-RESOLVE-DC.html