The Bush administration’s decision to allow the sale of the British company Peninsular and Oriental Steam Navigation (P&O) to Dubai World Ports has come under intense fire from both Democrats and Republicans in recent days. The decision to permit the sale, and President Bushs promise to veto any legislation that would interfere with it, is beginning to look like a major political miscalculation. The deal is about terminal operations who schedules and unloads ships. The ports themselves will still be run by local port authorities.”]