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There He Goes Again: George W. Bush Selling Out Our Weapons Production To U A E- He Doesn’t Care What You Think- RI10

posted Friday, 28 April 2006
There He Goes Again:


George W. Bush Selling Out


Our Weapons Production


To U A E- He Doesn’t Care


What You Think- RI10




 
LOU DOBBS TONIGHT

Iran On Collision Course With The United Nations Over Nuclear Weapons Program; Bush Administration Relationship Between Commerce, Trade, And National Security; President Bush Today Said He Doesn't Support Monday's May 1st Boycott; Hispanic Students Dropping Out Of Public Schools In Record Numbers In Denver; State Department Released Annual Terrorism Report; Jeremy Church Honored With Silver Star

Aired April 28, 2006 - 18:00   ET


LOU DOBBS, CNN ANCHOR: Tonight, a major turning point in the nuclear crisis with Iran. The International Atomic Energy Agency says Iran has refused to stop the enrichment of nuclear fuel. Can Iran be stopped without military action?

We'll have complete coverage for you tonight.

And President Bush allows Dubai to buy weapons factories in this country just months after the collapse of the Dubai ports deal. Dubai will now control plants that make vital military equipment.

We'll have a special report on the relationship in this administration between commerce and trade and national security.

DOBBS: Suzanne, thank you.

Suzanne Malveaux.

President Bush today allowed a government-controlled company in Dubai to go ahead with its takeover of nine vital U.S. defense plants. Those factories make parts for American tanks and U.S. military aircraft. Earlier this year, another deal with Dubai for major U.S. port terminals collapsed after massive protests.

Lisa Sylvester has our report.

(BEGIN VIDEOTAPE)

LISA SYLVESTER, CNN CORRESPONDENT (voice over): The U.S. Abrams battle tank is the backbone of the U.S. armored forces. A key component, the turbine fan is made in only one place, Doncasters' Georgia facility.

Doncasters, a British company, wants to sell this military components factory and eight others to a Dubai state-owned company. Today, the deal was green-lighted by the White House over the objections of some lawmakers.

REP. JOHN BARROW (D), GEORGIA: If we end up selling off something we wish we hadn't, we'll find out only when crunch time comes. And then we'll be scrambling around trying to figure out how we can keep our tanks in the field rolling. When they find out how -- when we find out that somebody else is flying jets on our spare parts, we won't know until it is too late.

SYLVESTER: The deal is similar to the Dubai Ports World transaction that sparked a firestorm. But this time, criticism on Capitol Hill is more subdued.

The White House agreed up front to have the Committee on Foreign Investment in the U.S. conduct a national security review and secured supply guarantees from the company.

BUSH: I signed off on it this morning because I am convinced at the recommendation of the CFIUS committee, as well as our military, that it's a sale that should go through.

SYLVESTER: But skeptics disagree.

ALAN TONELSON, US BUSINESS & INDUSTRY COUNCIL: The president signing off on this Doncasters deal shows once again that this administration is completely clueless about economic security issues. Once we transfer control to a foreign entity, the U.S. government loses great control. That's the critical threshold, and we're too careless about crossing it.

SYLVESTER: The UAE is an ally of the United States, but critics question, what assurance does the White House have that the country will be a loyal supplier in the future?

(END VIDEOTAPE)

SYLVESTER: And as part of the CFIUS review process, the White House is supposed to send a report to the secretary of the Senate and the clerk of the House of Representatives with a detailed explanation of the review findings. Now, the White House today sent a report, but sent it to the speaker of the House and sent it classified. Lawmakers, including Representative John Barrow, are now demanding to see the full report to ensure congressional oversight and accountability -- Lou.

DOBBS: Thank you very much, Lisa Sylvester, from Washington.

The White House equally determined to push forward with the Dubai ports deal. At one point, President Bush threatened to veto any legislation that would have blocked the sale. But that deal collapsed after massive criticism within Congress and the assertion that the transaction could harm U.S. national security.

Critics said Dubai had close links with some of the September 11th hijackers. And Dubai is a center for nuclear proliferation.

That deal raised serious concerns that radical Islamist terrorists could infiltrate a major U.S. port and bring with them nuclear weapons. There were also charges that international arms traffickers used ports in Dubai to smuggle weapons around the world.

That brings us to the subject of our poll tonight. Do you believe that the Bush administration by improving the Dubai Doncasters deal has once again put commerce and trade ahead of U.S. national security? Yes or no?

Please cast your vote at LouDobbs.com. We'll have those results here later in the broadcast.

POLL RESULTS: Yes 97% (9,633 Votes)    No 3% (254 Votes)
http://transcripts.cnn.com/TRANSCRIPTS/0604/28/ldt.01.html


In 1981's 'Body Heat', Kathleen Turner said, "Knowledge is power".



T.A.B.A.C.C.O.  (Truth About Business And Congressional Crimes Organization)

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