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There he goes again - UAE government owned company has bought what?

It appears that the uproar over the UAE government owned company purchase of the British Port company has aborted the Port deal fiasco. But apparently the UAE government has set its sights on other critical assets.

They are also buying the British Company - The Doncasters Group - which has at least several important military supply contracts and facilities in our country. From their own Press Releases:

Doncasters Group

Acquisition by Dubai International Capital

The Board of Doncasters announces that Royal Bank of Scotland Equity Finance has agreed to sell its shareholding in Doncasters to Dubai International Capital. The sale is subject to certain US and German regulatory approvals with completion expected to take place in early 2006.

On completion as agreed with the pension fund trustees, the company is to pay a lump sum of £46.4m into its employee pension funds.

Mohammed Al Gergawi, Executive Chairman of Dubai Holding, commented:

“This acquisition is in line with our mission to take direct investments in leading international firms and blue chip organisations, with the aim of generating longterm shareholder value, whilst creating strategic alliances for Dubai Holding and its shareholders.”

This transaction has apparently been approved by the Bush Administration review process, without comment. This is not a private company purchase, it is a purchase of critical assets by a company owned by a foreign government.

It is a sad day when many so-called conservatives, such as President Bush, promote government owned companies competing in private enterprise. Before the political correctness bandwagon, this was called "socialism!" When it is a foreign government - any foreign government - it should be called stupidity!

The primary function of government(s) should be the protection of the rights of the citizens - NOT commercial ventures.

We will see in the next few weeks if the recent Congressional uproar was lip service in an election year or real concern about American citizens. If this deal is not opposed just as strongly then you can write off the Port uproar as lip service.

We urge you to watch Congress very closely and see what happens or better yet, contact your US Representative and Senators and tell them to stop this foreign government intervention in American domestic affairs.

An article by Chuck Baldwin follows on the same subject.

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UAE To Take Control Of Nine US Military Facilities
By Chuck Baldwin
March 10, 2006

 

Not only does President George W. Bush intend to grant the United Arab Emirates control of U.S. sea ports, he also intends to grant the UAE control of several U.S. military facilities.

According to the March 3 edition of the World Tribune, "The Bush administration has informed Congress of a review of the UAE acquisition of a British manufacturer of engine components for U.S. military aircraft and main battle tanks. The British firm operates nine factories, including military production facilities in Connecticut and Georgia.

"Officials said Dubai International Capital has acquired the London-based Doncasters Group for $1.2 billion. Doncasters produces engine components and turbine blades for military platforms, and its clients include Boeing, General Electric, Honeywell and Pratt and Whitney."

People need to realize that the Dubai companies are owned and operated by the government of the United Arab Emirates. These are not private corporations. Does everyone understand what is happening? President Bush wants to give port security and the control of at least nine U.S. military facilities to a FOREIGN GOVERNMENT.

Not since the Carter administration gave away control of the Panama Canal (which was bought and paid for with billions of American dollars and gallons of American blood) has a U.S. President been so blatant and determined to give away sovereign American property to foreign powers! Carter's treachery gave control of the Canal to the Chinese communists. Bush's treachery will give control of several U.S. sea ports and military facilities to Middle Eastern Muslims.

The American people need to wake up to the reality that our own government is selling America's freedom, independence, and security to foreign powers! And it is doing so right out in the open.

President Bush obviously feels that he is above reproof (and the law). He must personally believe that he can bully Congress and the courts into submission to his will. And, absent an unmistakable outcry from the American public, he will surely succeed.

What Bush is doing would be horrific during peaceful circumstances. That he is willing to turn U.S. sea ports and military facilities over to a nation that was complicit with those that participated in the deadliest attack against our country since Pearl Harbor makes his actions treasonous!

Does anyone remember the old Trading With The Enemy Act? Established in 1917 and again in 1942, the TWEA was designed "to restrict trade with countries hostile to the United States." It is more than interesting that the law was used to stop many U.S. banking organizations, including the Union Banking Corporation (UBC), from helping to finance the Nazi Party in Germany.

I say interesting, because G.W. Bush's grandfather, George Prescott Bush, was a shareholder in the UBC at the time. It would seem, therefore, that the propensity to do business with nations and parties engaged in hostilities against the United States is still very much alive in the heart of one George W. Bush.

I submit that if impeachment proceedings against Bill Clinton were in order (and they were), impeachment proceedings are certainly warranted against George W. Bush. The security and liberty of America are too precious and the lawlessness of the Bush administration is too egregious for Congress to sit still and do nothing!

Any president, be he Democrat or Republican (is there really any difference?), that compromises American sovereignty and independence, or that usurps his constitutional power and tramples our liberties, or that puts commercial and business interests above the safety and security of the United States must be removed from office! No exceptions!

Only when the people of the United States get serious about holding our elected officials accountable to the principles of good government can we ever hope to regain control of our country. If that means we must impeach every single president for the next hundred administrations, so be it! Our leaders must be made to understand that their first duty is to the American people and the U.S. Constitution, not to the interests of international bankers and global egalitarians!

© Chuck Baldwin

Please visit Chuck's web site at http://www.chuckbaldwinlive.com.

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