Saturday, March 11, 2006

Who Pulled The Plug On Dubai Ports World? Kristol Disagrees With Bush

Who pulled the plug on Dubai Ports World's planned acquisition of London-based Peninsular and Oriental Steam Navigation Co. and its management operations at six U.S. ports?

Compare and contrast:

"I’m sure that the decision by DP World was a difficult decision, to hand over port operations that they had purchased from another company. My administration was satisfied that port security would not have been undermined by the agreement. Nevertheless, Congress was still very much opposed to it. My administration will continue to work with the Congress to provide a greater understanding of how these transactions are approved, in other words the process, and how we can improve that process in the future."

-- President Bush, March 10

He made that veto threat then he went on the trip to India and went silent basically. Karl Rove calls the people in Dubai two nights ago and tells them pull the plug on the deal, and I think as a result, the president looks weak, frankly.

-- Weekly Standard Editor Bill Kristol, on Fox News Channel, March 10

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