Wow, I actually agree with Bush on vetoing any legislation blocking the port management contract to the company from the UAE. As he points out, if there is any problem, if there is no problem with a British firm running these ports, there should be no problem with an Arab firm. While I am not sure that foreign companies from any region should be handling these tasks for us, as it has been pointed out, these firms do not handle the security of the ports, this is handled by the U.S. Coast Gaurd.
And I agree that blocking this contract, essentially on the basis of race, would be a horrible move for the government.
Admittedly, I have not dug deep into this issue, but I don't think this is quite in the category of sneaking the bin Laden's out of the country in the days following 9/11.
Arabs are not the enemy, and anything that fosters closer ties between America and Arab states should be encouraged. It is a much surer strategy for ending terror attacks than creating new terrorist states where none existed before.