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Saturday, February 25, 2006

Ports Deal Includes Sale of Frist and Hastert?

Apparently, overnight, Dennis Hastert and Bill Frist have been bought up by the UAE as well as the shipping port operatons, and it looks like Bush negotiated the deal.

As you might recall, Frist made the headlines by opposing this deal just 3 days ago. Now he's the White House yard lamb.
A Dubai company's offer to delay taking control of terminal operations at six U.S. ports, combined with aggressive White House lobbying, has tempered a rush by congressional GOP leaders for quick action next week to blockthe $6.8 billion transaction, which has triggered a political furor.

Speaker J. Dennis Hastert (R-Ill.) will meet with House GOP leaders Tuesday to discuss the chamber's next move, while aides to Senate Majority Leader Bill Frist (R-Tenn.) said he will wait to be briefed by the company before taking a stand. Both Hastert and Frist had issued strong statements earlier raising concerns about national security in the wake of Dubai Ports World's acquisition of the London-based Peninsular and Oriental Steam Navigation Co. and its terminal operations at six major U.S. ports, including those in New York and Baltimore.

Frankly, I think it's stupid to hand over operation of our ports to any company not entirely owned and based in the states. There's too much going in and out and too much information available about those cargoes for it to be safe to let anyone else, even an ally, control it. We move military goods and maybe even personnel thru those places.

But once again, the GOP proves by it's example that money talks, and bullshit walks.

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