gothamimage makes a great point in the comments, and though it is lonely there, that isn't a reason to not highlight!
what, and who, is "Dubai"? and not in a jonah-goldberg-i-didn't-do-a-google-search kind of way, i mean really, following up on gotham--when GWB says "Dubai" and "Arab" in this context let's be really clear; he mean those arabs with whom one can do business. like the sheikhs. he doesn't mean the population of Dubai, who after all have NOTHING to do with this deal. he means the cronies who were installed at the head of a jury-rigged kleptocracy 80 years ago.
so next time you are wondering if being against the port deal might indeed make you a racist, just remember--the worst it does is make you anti-kleptocrat. and being a kleptocracist isn't that bad a thing.