From the Times:
Some of the country's busiest ports -- New York, New Jersey, Baltimore and three others -- are about to become the property of the United Arab Emirates. Do we really want our major ports in the hands of an Arab country where al Qaeda recruits, travels and wires money?
The U.S. Committee on Foreign Investment, a Treasury Department-dominated group which reviews foreign investments, allows such purchases. The committee approved a $6.8 billion transaction between the ports' current British owners and Dubai Ports World, a government-owned United Arab Emirates firm. The United Arab Emirates was home to Marwan al-Shehhi, a September 11 hijacker; the country is a transit point for al Qaeda, including several other September 11 hijackers; al Qaeda's financing activities have involved the UAE; al Qaeda finds sympathizers there with ease, as it does in other Arab countries...
Sen. Chuck Schumer, New York Democrat, among others, is asking tough questions about this deal. For once, we agree with him: President Bush should overrule the committee to reject this deal. If that doesn't happen, Congress should take action. The country's ports should not be owned by foreign governments; much less governments whose territories are favored by al Qaeda.
http://www.washtimes.com/op-ed/20060214-102147-5104r.htm(Mods, I know this goes against standard protocols, posting an editorial and all -- and from the Washington Times, no less -- but I can't find the story elsewhere. This story is going under everyone's radar.)