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Saturday, March 4, 2006 2:02 p.m. EST

Dick Morris: Clinton on Dubai Payroll

Former President Bill Clinton is up to his eyeballs in dealings with Dubai, his former top political adviser has revealed.

According to Dick Morris, author of the best-selling book, "Condi vs, Hillary," Clinton is a paid agent of the crown prince of Dubai, now involved in a firestorm over its deal to take over some of the operations at six major U.S. ports.

"Bill Clinton is a senior adviser - a paid adviser - to a company called Yucaipa which recently set up a relationship with a group called the Yucaipa Investment group to set up a new company called DIGL," Morris said on "The O'Reilly Factor."

"DIGL Inc. is in charge of managing the investments of the crown prince of Dubai throughout the world. Bill Clinton is paid by Yucaipa a percentage of the profits it makes, and Yucaipa said its profits have exceeded 40 percent in recent years.

"He is a paid agent of the crown prince of Dubai. That in addition to the roughly million dollars they gave his library, in addition to the probably $600,000 in speaking fees he got, and in addition to the scholarships for Dubai children they endowed through his library.

"I have three points about that. First, when Bill Clinton tells us this port deal is kosher, he ought to disclose that he's being paid by the government. Secondly, he should register as an agent of a foreign principal because he's giving public relations advice to a foreign company. And thirdly, his wife should disclose how much Clinton is being paid and when he's been paid, because it goes into a joint bank account and this is in effect a payment to the husband of a senator.

"And then I would raise another question: Didn't Hillary jump out of the box opposing this port deal because she knew of her husband's vulnerability and wanted to get out ahead of the story? I was talking to a source of mine who's very close to the Clintons about seven or eight months ago and the source said that he's all the time going back and forth to Dubai and getting deeper and deeper into that relationship. She (Hillary) was worried about that and its political impact," Morris said.

Morris also had harsh words for President Bush, whom he charged "messed up the Dubai port deal.

"He let the opposition discover it. (Sen.) Chuck Schumner broke the story and Bush didn't frame it the way he needed to," Morris said, explaining that he thinks the president simply doesn't care anymore.

"I'm getting the impression that he's basically telling (adviser Karl) Rove and the folks, 'Look, I got re-elected, there's not more that I can do to control this. If you want me to go out here for three or four days I will, but I'm not doing it every day, I'm not pounding the pavement like I did for re-election, and I'm taking the long view.'"

Morris, one of the nation's top political gurus said that Bush needs to do what Clinton did all through his second term - and even every single day - maintain control of public opinion.

Morris warned that a president who drops below 50 percent approval rating for a sustained period of time is in deep trouble. "It's like a no-confidence vote in a parliamentary system - you might as well be out of office."

Bush, he said, "has now dropped to a point where Republicans are turning on him, the public is turning on him and all he's got is a portion of the Republican base. And it is going to get worse - he's going to get (crushed) in the election of '06, he'll probably have at least one if not two houses (of Congress) controlled by Democrats launching investigations, etc. This is not a pretty picture. He has lost control over public opinion and he has only his own laziness to blame."

Morris said that "if the president doesn't understand that if a president loses control of public opinion he loses control of the job." He likened losing control to having your immune system suppressed - you're susceptible to opportunistic infections, like your vice president shoots somebody while hunting, or the Dubai ports thing. That's all a function of decreased popularity."

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