Thursday, March 09, 2006

Dubai World Blinks

It looks Dubai is letting the President off of the hook on this mess.

An Arab-owned company said Thursday it was giving up its management stake in U.S. ports, a move made as congressional leaders warned President Bush that both the House and Senate appeared ready to block the takeover.

And it looks like the UAE prime minister was the one to push the company in that direction:

Warner said that Sheikh Mohammed Al Maktoum, prime minister of the United Arab Emirates, “advised the company ... that this action is the appropriate course to take.” Dubai is in the emirates.

I think Bush needs to send this guy a mess of Texas BBQ from his ranch or something because he got him off the hook.

No comments: