Well ABC News is reporting on an interesting development in the Dubai ports deal:
The White House asked Dubai Ports World, a company owned by the United Arab Emirates, to give up its management stake in U.S. ports, to save President Bush from the politically difficult position of vetoing a key piece of legislation to protect America’s ports, ABC News has learned.
When the company announced Thursday that it would sell its management stake in six U.S. ports, it was a stunning defeat for Bush, who had put his political capital on the line to back the deal, ABC News chief Washington correspondent George Stephanopoulos said.
For all those freepers out there that always say “Bush is great because he stands his ground”, well think again. He has not done a single veto since he has been in office. He didn’t want to mess that track record up either. So instead of going against his party he goes against the deal he so cherished. Where are his loyalties now?
Turns out there is more to this than meets the eyes. SusanG has much more on this including who it was that actually struck the deal.