Dubai's $1.2 Bln Bid for U.S. Weapons Maker Delayed

Some good news. "Dubai's $1.2 Bln Bid for U.S. Weapons Maker Delayed (Update3)," from Bloomberg, with thanks to Sr. Soph:

March 20 (Bloomberg) -- Dubai, which agreed this month to sell its interest in U.S. ports, said its $1.2 billion takeover of a U.K. company with U.S. plants that make military equipment is delayed while the authorities investigate security concerns.

Dubai International Capital LLC, which is owned by the government of the Persian Gulf emirate, and Doncasters Group Ltd. agreed to delay the transaction by as many as two months from March 31 while government agencies review the purchase, Sameer Al Ansari, Dubai International's chief executive, said in an interview today.

``After what happened with Dubai Ports, the government is looking at this deal more closely,'' Al Ansari said after a press conference in Dubai announcing an agreement with HSBC Holdings Plc.

Better late than never.

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5 Comments

Screw Dubai.

When there are churches in Dubai, and foreign women and men are welcome as non Muslims, then we might consider their offers to purchase.

Until then, screw them and their Western whore politicians and lobbyists.

This is more important than the Ports Deal. No Arab or Muslim country should be allowed to buy any company that makes all or parts for weapons, of any kind. No Arab or Muslim country should be allowed to buy shares in media companies. Back in November 1979 in an interview to the Jordanian newpaper "Rai", Abdullah, then head of the Saudi National Guard (he's been promoted since) said that they, the Saudis, would "have liked to buy control of all the media" but lamented the fact that they had not managed to do so.

This is another demonstration of the interleaved financial interests that conflict with the security of the West.

It is reasonable to call for a complete isolation of strategic materials and products from malignant external interests. It is not reasonable to expect it to actually happen so long as lobbyists are able to buy political influence from across the political spectrum.

In the US, the lobbyists have become effectively a Fourth Branch of government. There are few checks and balances on their activities and influence, and they are most certainly NOT accountable to the electorate.

I have the strong feeling that the tentacles of this problem are widely extended. The solution, if there is one at all, is increased citizen participation in their own governance. This requires personal effort, if nothing more than fighting off one's own ADD and desire to be "left in peace" in order to remain abreast of current events, to write letters to the editor and most particularly to stay up-to-date on the activities and voting record of one's elected representatives. Don't be a stranger to these last. They're the employees of the electorate, and if the boss doesn't mind the shop, all sorts of mischief ensues.


I am naive, I know, but it seems to me that all Arab interests should be kept in the Middle East and not allowed into the West. Of course this has not happened over the years and indeed ex President George Bush, I believe , has business dealings with the bin Laden family.

Whilst our revered leaders chase the almighty dollar at the expense of morality the West will sink deeper and deeper into the filth that is islam and the arabs. They will wake up one day to find that all their rights have gone (and ours too ) then they'll shout and scream about "unfairness "
As if these people care.
I find it reprehensible also that we are educating these creatures in order to make them better able to overwhelm the very people who are educating them.

Robert and Hugh how do you keep this up without succumbing to despair.......I commend you.

The Arab oil billionaires and their privately owned governments already own considerable capital in the West, big parts of German car makers, real estate in the USA, parts of press services [one wire service, I believe], part of a TV cable news network, etc. Then, the so-called Left goes around and tells the naive that all Arabs are poor, starving, living in tents in the desert, and it's all Israel's fault, except when it's the fault of Bush or neocons, or Pat Robertson.

Hugh, it would be useful if could list some of the major capital and real estate of Arab oil billionaires in Western countries. Of course, the list would be partial, but helpful all the same.