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The formal CFIUS process was set into motion in December, and the Federal government conducted a thorough review to ensure that port security would in no way be compromised by the deal.
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This would be great except for a couple of things: By law Treas. Sec. Snow is required to chair all meetings of this committee, which in this case he didn't do
Reuters
Donald Rumsfeld is also supposed to be a part of this committee, was also "informed AFTER the deal had been Okayed".
The pResident at first was vehemently for this deal passing, including threatening a veto, then backed off, saying it wasn't brought to his attention until after it had been approved.
So, just who in the hell on this CFIUS committee DID approve this?
Secondly, If
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The United Arab Emirates (UAE) has been a solid partner in the War on Terror.
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Then why did it need a "secret" deal not to keep records on US soil, and thus immune from US legal requests? And to cooperate with FUTURE investigations?
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Dubai was also the first Middle Eastern entity to join the Department of Energy's Megaports Initiative, a program aimed at stopping illicit shipments of nuclear and other radioactive material
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This is convienent and useless after having been the transshipment point for AQ Khan's sales to North Korea, Afghanistan and Pakistan...
This whole deal stinks from top (Bush/Snow/Rumsfeld) to bottom (James Baker/Carlyle)