Archive for September 28th, 2008
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Memorandum for the Secretary of the Treasury
Pursuant to section 10(b) of the Gold Reserve Act of 1934, as amended, 31 U.S.C. 5302(b), I approve the use of funds from the Exchange Stabilization Fund as a guaranty facility for certain money market mutual funds, consistent with your recommendation to me and the terms and conditions set out in your memorandum to me dated September 26, 2008. This memorandum supersedes the Presidential Memorandum of September 19, 2008, entitled, “Use of the Department of Treasury’s Exchange Stabilization Fund to Support a Guaranty Facility for Certain Money Market Mutual Funds.”
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Nominations Sent to the Senate
Nominations Sent to the Senate: G. David Banks, David Kelly
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Personnel Announcement
President George W. Bush today announced his intention to nominate two individuals and appoint one individual to serve in his Administration: G. David Banks, David Kelly, and Brent R. Benjamin
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President Bush Meets with President Yushchenko of Ukraine
President Bush on Monday said, “You and I just had a good discussion about a variety of issues. We discussed, you know, the NATO and Membership Application Process. We discussed energy independence. We discussed ways that we can work together to bring stability and peace to parts of the world. And I thank you for joining us here in Washington in the Oval Office. And I send my respect to the people of Ukraine.”
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Fact Sheet: A Strong Bipartisan Proposal to Stabilize Our Financial System
“I appreciate the leadership shown by Members on both sides of the aisle, who came together to write a very good bill. This bill provides the necessary tools and funding to help protect our economy against a system-wide breakdown. The bill will help allow access to credit so American families can meet their daily needs and American businesses can make purchases, ship goods, and meet their payrolls. And this plan sends a strong signal to markets around the world that the United States is serious about restoring confidence and stability to our financial system. Without this rescue plan, the costs to the American economy could be disastrous.”
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Presidential Message: Rosh Hashanah, 5769
On this occasion of spiritual reflection, people of the Jewish faith in our country and around the world recognize the blessings from the Almighty as they commemorate the anniversary of the creation of the world. During this holy time, men and women take time to remember the past, contemplate the sweetness of the new year, and look forward to a promising future.
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President Bush Meets with President Adamkus of Lithuania
President Bush on Monday said, “I’ve enjoyed working with you on a variety of issues. Lithuania’s ascension into NATO is a very important part of our foreign policy, yours and mine. It’s important for the people of Lithuania to know that when the United States makes a commitment, for example, Article V of the treaty, we mean it. I’m proud of the alliance we’ve established — and your contribution to that alliance.”
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President Bush Presents 2007 National Medals of Science and Technology and Innovation
President Bush on Monday said, “This is a joyous day for the White House as we honor some of our nation’s most gifted and visionary men and women. I congratulate you all on your achievements. I’m looking forward to presenting you with the National Medals of Science and Technology and Innovation. And I welcome your friends, but most importantly, I welcome your family members. We are glad you’re here and thank you for standing by these — by the side of these pioneers and doers and achievers.”
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President Bush Discusses Financial Rescue Legislation
President Bush on Monday said, “Yesterday, leaders here in Washington reached an extraordinary agreement to deal with an extraordinary problem in our economy. Working closely with my administration, congressional leaders from both parties produced the Emergency Economic Stabilization Act — a bold bill that will help keep the crisis in our financial system from spreading throughout our economy.”
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Liberal DC suburb faces minority voting questions (AP)
AP – In the racially diverse Washington suburb of Greenbelt, the term “progressive” is a badge of honor. But the city that began as a New Deal-era cooperative and overwhelmingly voted for Barack Obama has never had a minority serve on its council in its 71-year history.
