Archive for November 25th, 2008
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Obama: Bank execs should skip bonuses
President-elect Barack Obama thinks bank executives should forgo their bonuses this year to show they are taking responsibility amid difficult economic times. -
Lieberman: Obama ‘about perfect’ in Cabinet picks (AP)
AP – Connecticut Sen. Joe Lieberman took another step Tuesday toward mending his relationship with Democrats, saying that Barack Obama’s actions since winning the presidency have been “just about perfect.” -
Wall Street executives should not get bonuses, Obama says (AFP)
AFP – President-elect Barack Obama has chastised US auto executives for being “tone deaf” for flying on corporate jets to Washington to beg for bailout money, and said he believed bank executives should forgo their end-of-year bonuses. -
Officials: Obama to ask Gates to stay at Pentagon (AP)
AP – Seeking experience in wartime, President-elect Barack Obama intends to re-enlist Defense Secretary Robert Gates as head of the Pentagon if only temporarily and has chosen a retired Marine general to be White House national security adviser, officials said Tuesday. -
Statement by the Press Secretary
President Bush offers his condolences to the Indian people and the families of the innocent civilians killed and injured in the attacks in Mumbai, India. The United States condemns this terrorist attack and we will continue to stand with the people of India in this time of tragedy.
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Statement on Additional Federal Disaster Assistance for Texas
The President today made additional disaster assistance available to the State of Texas affected by Hurricane Ike during the period of September 7 to October 2, 2008, by authorizing an extension of 100 percent Federal funding for debris removal (Category A), including direct Federal assistance, under the Public Assistance program.
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Personnel Announcement
President George W. Bush today announced that he has named one individual to serve in his Administration: Judith A. Ansley
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National Drunk and Drugged Driving Prevention Month, 2008
During National Drunk and Drugged Driving Prevention Month, we underscore our commitment to raising awareness about the tragedies that often result from driving under the influence of drugs or alcohol.
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Statement by Press Secretary
On November 25, 2008, President Bush signed a proclamation that suspends the designation of Bolivia as a beneficiary country under the Andean Trade Preference Act (ATPA) and the Andean Trade Promotion and Drug Eradication Act (ATPDEA). The suspension, which takes effect on December 15, 2008, is the result of Bolivia’s failure to cooperate with the United States on counternarcotics efforts, which is one criterion for ATPA and ATPDEA eligibility. If Bolivia were to improve its performance under the ATPA and ATPDEA programs’ criteria, the President would have the discretion to issue a proclamation to redesignate Bolivia as a beneficiary country.
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Memorandum for the Secretary of State and the Secretary of Transportation and the Director of the Office of Management and Budget
By virtue of the authority vested in me by the Constitution and laws of the United States, including 3 U.S.C. 301 and 46 U.S.C. chapter 539, I hereby approve the provision by the Secretary of Transportation of insurance or reinsurance of vessels (including cargo and crew) against loss or damage from war risks in the manner and to the extent provided in chapter 539 of title 46, United States Code, for trade in the Black Sea, whenever, after consultation with the Secretary of State, it appears to the Secretary of Transportation that such insurance adequate for the needs of the water-borne commerce of the United States cannot be obtained on reasonable terms and conditions from companies authorized to do insurance business in a State of the United States. To the extent individual policies involve an exposure in excess of the amounts available in the War Risk Revolving Fund, such policies may be issued only after consultation with the Office of Management and Budget. This approval to provide insurance or reinsurance is effective for 90 days, except that existing policies shall remain in force pursuant to the terms of these policies. I hereby delegate to the Secretary of Transportation, in consultation with the Secretary of State, the authority vested in me by 46 U.S.C. 53902 and 53905.
