Bush Loses Big Time on Ports Deal — But Will Halliburton Win in the End?

President Bush suffered the worst defeat of his presidency today — so go ahead, savor it:

The announcement [that President Bush had lost the DP World deal] was an extraordinary retreat that signaled a shift in the power relationship between the White House and Congress. Bush has been unused to losing. But this time, the Republican-led House of Representatives, which has been a rubber stamp for the president for the past five years, was the first to revolt.

But like most of victories over Bush this one may leave us with a bitter after taste. If Congress passes a law that restricts ownership of security-sensitive infrastracture like ports to American-owned companies, the list of U.S. companies capable of such undertakings is very small — the Veep’s alma mater, Halliburton and a few others.

Connect:

One thought on “Bush Loses Big Time on Ports Deal — But Will Halliburton Win in the End?”

  1. The entire thing was a scam…. a distraction…. JackOff….ENRON Trial..NSA wiretap investigation getting killed…Patriot Act renewed…. all fade into the background while America focuses on the ports deal.

Leave a Reply

Your email address will not be published. Required fields are marked *