3.05.2006

"Dubai and Dubya in Desperate Dash for Lifeboats"

From the NY Daily News, which seems to be tipping to sanity right now, please note how Halliburton may get its greedy fingers in the deal (do we really want to trust national security to Duck! It's Dick! Cheney?

WASHINGTON - The White House is quietly pushing a Dubai company to "significantly restructure" and partner up with a U.S. outfit to keep the port deal from sinking, sources told the Daily News yesterday.

"It's in the hands of the company now. ... They're going to have to significantly restructure," said a Republican source familiar with White House expectations...

[snippy snip]

One snag to such a deal may be that sources say the U.S. company best equipped to partner with DP World is Halliburton, once headed by Vice President Cheney.

After undergoing so much scrutiny for its no-bid Iraq contract and the handling of some of its duties there, Halliburton may not be able to help DP World land the deal, a source admitted.
According to the source close to the White House, Team Bush believes that in addition to clearing an extended 45-day review, DP World will have to come up with a deal that will pass muster with Rep. Peter King (R-L.I.), chairman of the House Homeland Security Committee.

King is seen as a key lawmaker because he broke with the White House over the Dubai deal despite his strong relationship with President Bush and top aides like Karl Rove.