Staff Reporter of the Sun
November 21, 2007
The Dubai government, whose purchase of six American ports sparked a political furor, is poised to acquire substantial stakes in Citigroup and other New York-based banks mired in subprime mortgage debt.
Omar bin Sulaiman, the governor of the Dubai government's investment arm, DIFC Investments, is currently on a spending spree, spurred by the bargains that have resulted from the low value of the dollar and the sinking of the stock markets caused by the subprime mortgage crisis. Last year, Dubai caused a political storm in America when its Dubai Ports World company acquired six major American ports as part of its purchase of the British company P&O. Opposition to ownership by an Arab country of such sensitive properties at a time when America is waging a war against Islamist terrorists obliged Dubai to sell the port management companies to the American insurance company AIG amid anxieties about port security....
Bush and Bernanke destroyed the country and now they are selling it out to Dubai again. NO !!! The facts are clear. The DOW and Banks are closing out their holdings and the economy is heading into a huge depression. The way Bush and Bernanke are bailing out their party is to sell the USA to Arabs instead of securing it away to insure National Security. There is no easy out for the USA. The corrupt Capitalists bought into Bush, his wars and now they are crying because the USA has become a huge house of cards. No way do we want more foreign interests owning more and more of the USA. NO WAY !!!
