But we must not dismiss the issue prematurely.
The devil, of course, is in the details, as Senate Democratic Leader Harry Reid has pointed out.
And our future depends on the lessons learned.
We learned that the apologists for George W. Bush will not hesitate to play the race card, accusing Bush's critics of anti-Arab discrimination in an attempt to shift blame and cloud the issue. It is interesting to note that these are many of the same folks who defend the practice of racial profiling in airport security.
We learned that the contract to manage our ports was awarded in a very tight and secretive process, in which some highly qualified U.S.-based companies were never invited to make a bid.
We learned that the some of the hijackers involved in the 9/11 attacks used the United Arab Emirates (UAE) as an operational and financial hub.
We learned that the Emir of Dubai, and the head of the family that owns Dubai Ports, is an associate and hunting companion of Osama bin Laden.
We learned that the UAE has been an important transfer point for shipments of smuggled nuclear components sent to Iran, North Korea, and Libya.
We learned that the UAE is one of only three countries to recognize the Taliban as Afghanistan's legitimate government.
We learned that Dubai Ports World is actually owned by the government of the UAE, meaning that our ports would have been controlled by a foreign government with known ties to al-Qaeda. In wartime, had the deal gone through, that foreign government could control all access to our ports - including access by our own military (or the enemy).
And we learned that the Republicans in Congress would finally stand up to the Bush administration when the plummeting approval ratings made it clear that the people weren't going to take it any more.