Underscoring how much the issue has veered out of the Bush administration's control, the Senate rejected an effort by its own Republican leaders to thwart Democrats who want a vote on derailing the DP World deal. The Senate voted 51-47 to consider the Democratic legislation, falling 16 short of the 67 votes Republican leaders needed to prevail.Ah yes, sorta like the time that daddy got someone to take over his other failed adventures.
Details of the surprise deal were still being worked out. The company said its decision was "based on an understanding that DP World will have time to affect the transfer in an orderly fashion and that DP World will not suffer economic loss."
DP World finalized its $6.8 billion US purchase earlier Thursday of Peninsular & Oriental Steam Navigation Co., the British firm that through a U.S. subsidiary runs important operations in New York, New Jersey, Baltimore, New Orleans, Miami and Philadelphia. It also plays a lesser role in dockside activities at 16 other American ports.
[ cf Dubai firm to give up stake in U.S. ports ]
Wonder who will get to own america after daddy finds a buyer?
Remember when the slogan was 'buy american' rather than BUY AMERICA!
But then again, people without debt HATE AMERICA!!!