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March 08, 2006

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The ports issue is a big political deal for the GOP, a major wedge issue, and the Dems know it. Here's Dubai's position:

"DP World officials suggested yesterday that within days, Peninsular & Oriental's operations will belong to them, no matter what Congress does."

It is bad enough when George Bush tells you your opinions as a supposedly co-equal branch of government don't matter, but when the Emirate of Dubai says it, it has to sting just a bit.

Are you suggesting that DP World ought to somehow cancel this enormous and (to them) very important acquisition, mimikatz? If so, why? Congress is not a co-equal branch of government to them.

"No Preference," I guess I missed your point. I thought Mimi's comment simply illustrated how far the eunuch caucus, I mean U.S. Congress, has slipped.

Yes. That was my point.

The legislation under contemplation restricts foreign ownership of certain US assets. That may be subject to review by the WTO, like some environmental regulations. And Senator Schumer suggests this is a ploy, and Congress is really working with the WH. We'll see.

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