The presence of a civil war in Iraq might be debatable, but the GOP Congress is in full rebellion:
On Wednesday, the House Appropriations Committee essentially blocked the deal by voting 62-2 to insert an amendment into a $68 billion emergency supplemental funding bill for military actions in Iraq and Afghanistan.
Bush can't veto the amendment without "hurting the troop" It really is fun to watch the President being roasted with his own rhetoric.
There is a move afoot for damage control. Sort of a face saving measure:
United Arab Emirates-owned DP World said Thursday it would transfer its operations of American ports to a U.S. "entity" after congressional leaders reportedly told President Bush that the firm's takeover deal was essentially dead on Capitol Hill.
"Because of the strong relationship between the United Arab Emirates and the United States and to preserve that relationship ... DP World will transfer fully the U.S. operations of P&O Operations North America to a United States entity," Edward H. Bilkey, DP World's chief operating officer, said in a statement.
The announcement did not specify which American company would be involved.
This proposal seems rather vague. It either means nothing, in which case the fight will still be on, or it effectively kills the deal and DP World doesn't take control of port operations