Lawmaker upset by silence on another Dubai deal!!

[AGENDA21]

WASHINGTON (Reuters) - A U.S. lawmaker on Tuesday fumed that the Bush administration refused to divulge anything about a security review it is conducting of a Dubai-owned company that is planning to take over several plants in the U.S. that make equipment for defense contractors.

The Committee on Foreign Investment in the United States (CFIUS), an inter-agency panel led by the Treasury Department, is reviewing the $1.24 billion takeover of Doncasters, a British engineering group with U.S. holdings, by state-owned Dubai International Capital.

Doncasters has plants in nine U.S. locations making parts for defense contractors. The Dubai takeover has sparked security concerns from Rep. John Barrow, a Georgia Democrat, who represents a district which has a plant that makes tank engines.

Barrow said the Treasury Department's reluctance to discuss the latest proposal with him suggested it had learned little from the congressional outcry over a now-abandoned deal that would have allowed another Dubai company to take over some U.S. port operations.

http://today.reuters.com/news/articlenews.aspx?type=politicsNews&storyid=2006-04-12T010407Z_01_N11291085_RTRUKOC_0_US-SECURITY-CONGRESS-DUBAI.xml&rpc=22

[AndyA]

1. Yes, let's let the country that aided and abetted terrorists to

operate plants that make military defense equipment. We can could on that equipment to work when we're fighting against them in the future, right?

God - this is just crazy! Let's sell out to our enemies. They might not be enemies today, but what about tomorrow? American needs to keep its security, defense contractors, and infrastructure all American. No outside ownership. It should be against the law to do otherwise.

This is just absolutely insane!