God Rest Ye, Merry Gentlemen - Jars of Clay - listen now

Tuesday, April 25, 2006

Dubai II: The Stealthy Sheikh

Oh Good Grief! Can You Say "Ton Of Bricks"? How many different ways can you say "no" before this administration gets it? From TradeArabia:
The US administration will approve this week the $1.2 billion sale of British engineering group Doncasters to Dubai International Capital after initial national security fears, said a report. [...]

The US Committee on Foreign Investments (CFIUS) will conclude its investigation on Thursday, and is in favour of the deal, according to the businessonline website.

CFIUS is part of the executive branch of the US government and makes recommendations to President Bush on whether to block a takeover by a foreign investor which might threaten US national security. When CFIUS concludes its review on April 13, President George Bush will have 15 days to approve the deal. Presidents have rarely gone against a CFIUS recommendation.

Doncasters is involved in the future stealth vertical take-off Joint Strike Fighter, but it is understood not to be involved in the design and manufacturing of classified stealth parts. According to sources, Doncasters’ chairman Alan Bowkett, who owns five per cent equity in the company, thinks these fears are unfounded.
Well gee whiz! Why wouldn't a man like Bowkett, who stands to make god knows how much money on the deal, want people to think such fears are unfounded. We're talking manufacture of sensitive military equipment people. This deal will go over like an e'ffing lead balloon.

ht: Tammy Bruce

0 comments:

Recent Comments

Contact Me

eMail:
cyberkevinblogs@gmail.com

MSN:
cyberkevinblogs

Google Chat:
cyberkevin1

Label Cloud

Followers

. . .

. . .

. . .


stats

Blog Archive

Disclaimer

All opinions expressed on this blog are those of the author. The author’s opinions do not represent those of his employers. All original material is copyrighted and property of the author. If you use it at least have the decency to give me credit for it. Don’t steal it or I reserve the right to sue you to heck and back, or worse. Other info may have been copyrighted by someone else; the author believes that such work as is quoted here does not exceed reasonable “fair use” of any such copyrighted material as provided for in section 107 of the United States Copyright Law as I understand it. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. Opinions in comments or trackbacks are not mine, so if you have a problem with those, sorry, I can’t help you. Comments on this blog become the sole property of the blog, and may be reused or quoted on the blog or in any other media. Anyone mentioned in relation to a crime is innocent until proven guilty in a court of law. Contact: writetokevinp@gmail.com. All e-mails are presumed to be for publication on the site unless I am specifically and politely told otherwise - if you’re rude I’ll publish them just to hack you off. All comments are subject to deletion or revision should the author find them offensive or just simply not like you. Trolling will not be tolerated.

  © Blogger templates ProBlogger Template by Ourblogtemplates.com 2008

Back to TOP