!!US REVIEWING 2ND DUBAI DEALTO MAKE MILITARY COMPONENTS

[kpete]

U.S. reviewing second Dubai deal: Firm was to make military components
RAW STORY
Published: March 1, 2006


The Bush administration, stung by the public outcry over the Dubai port deal, has launched a national security investigation of another Dubai-owned company set to take over plants in Georgia and Connecticut that make precision components used in engines for military aircraft and tanks, The Washington Post reports on Thursday page ones. Excerpts:

#
The administration notified congressional committees this week that its secretive Committee on Foreign Investment in the United States (CFIUS) is investigating the security implications of Dubai International Capital's $1.2 billion acquisition of London-based Doncasters Group Ltd., which has subsidiaries in the United States. It is also investigating an Israeli company's plans to buy the Maryland software security firm Sourcefire, which does business with Defense Department agencies.

Administration officials are privately briefing leaders of half a dozen House and Senate committees this week about the two planned transactions, concerned that both deals could stir controversy in a political climate that remains supercharged over the Dubai port deal.


Republican and Democratic lawmakers angrily protested after learning late last month that the administration had approved a $6.8 billion deal to allow a maritime company based in the United Arab Emirates to take over significant operations at six U.S. ports without a thorough investigation and without consulting members of Congress. Last weekend, the Dubai maritime company agreed to a 45-day investigation to stem the protest and allay concerns of a possible breach of U.S. port security.
http://rawstory.com/news/2006/U.S._reviewing_second_Dubai_deal_Firm_0301.html

Full story now at the Washington Post.
http://www.washingtonpost.com/wp-dyn/content/article/2006/03/01/AR2006030102192.html

[FormerRepublican]

1. Lord, is there ANY part of the farm Bush isn't trying to sell to Dubai?

[spanone]

2. It's getting too deep to wade through all the crap.

[bleever]

3. Fuckamosis. That's the word that just occurred to me to describe

the indescribable depth of the crap.

We're way beyond wading now.

[Pryderi]

4. Dear Mr. Heston. I need a gun.

[berni_mccoy]

5. The proverbial Fan has been hit, full on...

Bush is getting splattered...

[Sydnie]

6. There are NO WORDS

I have officially hit TILT with this one!

[pinniped]

7. The second deal has to go forward or it will be a national....

security risk.

[Sydnie]

8. Check Point is an Israeli firm?

There have been suggestions in the trade press that the publicly traded Israeli firm, Check Point Software Technologies

We were just talking about the show that Russert did last week where Check Point was mentioned over and over. I didn't realize that it had been sold to the Israeli's!

[Coastie for Truth]

9. You really want to get scared

Firewall and intrusion detection and spyware detection software is no longer developed in any of Redmond WA, Yorktown Heights, NY or Santa Clara CA. It all comes from Haifa, Bangalore, and Beijing.

Maybe with a Microsoft or IBM or Symantec or Cisco or Oracle logo, but it all comes from Haifa, Bangalore, and Beijing.

[converted_democrat]

10. It never stops..n/t