Kimmitt Failed to Make Good on Pledge, Fueling Port-Sale Uproar

[UpInArms]

http://quote.bloomberg.com/apps/news?pid=10000103&sid=apQdFQE9ew0w&refer=news_index

Feb. 24 (Bloomberg) -- Deputy Treasury Secretary Robert Kimmitt, facing an outcry from Congress about the process for approving foreign investment in the U.S., promised lawmakers yesterday that he'll keep them better informed.

It wasn't the first time. Just four months ago, Kimmitt appeared before a Senate committee and made the same promise to lawmakers who said the process was too secretive.

<snip>

Kimmitt, 58, was one of 10 Bush administration officials summoned before the Senate Armed Services Committee yesterday to explain the decision. He said the deal wouldn't go forward ``if we were not certain'' of the security of the ports.

<snip>

Last October, the Government Accountability Office said in a report that Treasury uses its position at the helm of CFIUS to tilt reviews in favor of investors at the expense of security concerns raised by the departments of Defense and Homeland Security.

...more...

Kimmitt .... hmmmm....

The Marines and coalition officials say they doubt many civilians have been killed in Fallujah and promise that their rules of engagement limit civilian casualties. "My solution is change the channel," Brig. Gen. Mark Kimmitt said earlier this week, after being asked about TV images of dead Iraqi civilians.

(edited because I double-posted a paragraph)

[rodeodance]

1. "CFIUS to tilt reviews in favor of investors"--it is about business--so,

given this---who will 'win' in the end?

[UpInArms]

3. perhaps one John Snow - US Secretary of the Treasury?

SnowJob's Millions

While Mr. Snow has a deferred compensation with CSX valued as high as $25 million and a $33.2 million special retirement pension, Miss Kaptur was unaware of any direct financial relationship the secretary had with Dubai Ports World.

Still, Miss Kaptur argues that Mr. Snow should have recused himself from the Committee on Foreign Investments since it was considering the sale of ports to a foreign entity that previously had acquired a division of CSX two years after he left the company.

[Cooley Hurd]

2. Any relation to (former) CPA spokesman Gen Mark Kimmitt?

http://en.wikipedia.org/wiki/Mark_Kimmitt



:shrug:

[UpInArms]

4. brother

http://72.14.207.104/search?q=cache:MGJvz__aHFAJ:djoalum.org/djov2/%3Ff%3Dobits.html+%22robert+kimmitt%22+%22mark+kimmitt%22&hl=en&gl=us&ct=clnk&cd=3

(near the bottom of the page)

Survivors include his parents, Eunice and J. Stanley Kimmitt, the former secretary of the Senate, of McLean; three brothers, Robert Kimmitt, the former U.S. ambassador to Germany, of Arlington, Army Brig. Gen. Mark Kimmitt, serving in Baghdad, and Joseph Kimmitt of Arlington; and two sisters, Mary Laxton of Bamberg, Germany, and Judy Rainey of Vienna.

[Cooley Hurd]

8. Good work, UpInArms.

Thanks!:thumbsup:

[leftchick]

7. do you mean Krazy Killer Kimmett?

yes apparently they are brothers. This administration is like a fucking crime syndicate.

[wordpix2]

5. of course the ports deal is for business only and * business as usual

[tanyev]

6. "You made me Promises, Promises,

you knew you'd never keep"