24h Pujadas: [program of August 14, 2019]
Americans United for Change Ad: "Factory"
Campaign for Jobs and Economic Recovery www.JobsandEconomicRecovery.com <http://www.jobsandeconomicrecovery.com/> FOR IMMEDIATE RELEASE CONTACT: Jeremy Funk, 202-470-5878 DATE: January 29, 2009 Lauren Weiner, 202-470-5870 Ad Campaign Presses Key Republican Senators to Back President Obama's Jobs and Economic Recovery Plan Day after House Republicans Fail to Provide a Single Vote for Vital, Historic Package Click Here to View 'Factory' Ads <http://www.americansunitedforchange.org/blog/entries/new_ads_target_republican_senators_on_recovery_bill/> Senators Face a Clear Choice, Putting Millions of Americans Back to Work or Letting Our Economy Fall off the Cliff Americans United for Change, MoveOn.org Political Action, AFSCME and SEIU Fund Ads to Run in Maine, New Hampshire, Alaska, Iowa and the DC Region Washington D.C. - The Campaign for Jobs and Economic Recovery <http://www.jobsandeconomicrecovery.com/> announced today that ads will be run in key Senate states to help assure the passage of a robust version of President Obama's "American Economic Recovery and Reinvestment Plan." The ads are funded by a coalition of progressive groups including Americans United for Change, MoveOn.org Political Action, AFSCME and SEIU. The ads demonstrate clear momentum behind President Obama's first initiative in office. The vote on the President's plan is expected in the Senate late next week. Against a backdrop of a worsening economic crisis that resulted in 2.6 million American jobs being lost last year, and with layoffs accelerating in the early part of 2009, President Obama has outlined a recovery plan that will create or save three to four million jobs, strengthen our middle class, and improve the economy in the near and long term by making sound investments in health care, energy efficiency, transportation and schools. The ads, which begin immediately, are targeted at securing the votes of five key United States Senators for President Obama's "American Recovery and Reinvestment Act". Entitled "Factory", the 30-second spot makes the case for urgent action to address the nation's economic crisis and presents a stark choice for U.S. Senators Susan Collins (R-ME), Olympia Snowe (R-ME), Judd Gregg (R-NH), Lisa Murkowski (R-AK) and Charles Grassley (R-IA): "support the President's plan or the failed policies of the past." The ad overlays President Obama's recent speeches outlining the need for urgent action on the economy on dramatic images of a shuttered factory coming back to life and people returning to work. While economists and other experts across the board have praised the package and its focus on sound investments in our nation's infrastructure and other priorities to stimulate the economy immediately, some Republicans have called instead for more of the policies which were pursued over the past eight years and which failed to stave off the worst economic crisis in a generation. "The House vote in favor of President Obama's plan to revitalize our economy and protect American jobs was good news for our economy and for all Americans," said AFSCME President Gerald McEntee. "As we face the greatest fiscal crisis since the Great Depression, Democrats in the House acted boldly to protect jobs and create opportunity. With 11 million workers unemployed, with home values declining at an alarming rate and the need for vital public services growing rapidly, it is time for Republicans to put partisanship behind them and stand with President Obama. In the days ahead, thousands of AFSCME members will contact their senators, urging them to act responsibly and support President Obama's plan to put people to work and get our economy back on track." "It was the get rich quick greed of Wall Street that got us into this hole and it will take the long-range vision of President Obama, Congress and the American people to pull us back out," said Anna Burger, International Secretary-Treasurer of SEIU. "The millions of working people reeling from the severe economic recession are counting on our leaders to show the political backbone to pass a recovery package that not only addresses the crisis and relieves the pain, but also lays the groundwork for a stronger and fairer future. We need change that works - now and in the long-term so we can start building a stronger American economic future by investing in infrastructure and green projects to create new jobs for the 21st Century." "President Obama's recovery plan would begin to provide the medicine our ailing economy desperately needs," said Justin Ruben, Organizing Director of MoveOn.org. " The Senate has a clear choice--support the President's plan to green our economy and create millions of jobs, or stick with the failed economic policies of the last 8 years." "Few people alive today have ever experienced the crushing weight that the current economic crisis is exerting on Americans of all walks of life," said Brad Woodhouse, President of Americans United for Change. "President Obama has proposed a plan which has been passed by the House to create or save more than three million jobs by making smart and timely investments in health care, renewable energy, transportation and education. Unfortunately, every Republican in the House and some in the Senate would rather play partisan games and promote the failed policies of the past than put the American people back to work. Hopefully Republicans in the Senate, including those targeted by these ads, will get the message that change has arrived and its time to work together to get America back to work rather than playing politics." The Campaign for Jobs and Economic Recovery <http://www.jobsandeconomicrecovery.com/> is a coalition of more than 30 leading progressive and labor groups utilizing all the resources and techniques of a modern campaign to pass President Barack Obama's jobs and economic recovery plan. From hundreds of grassroots events, to grass tops contacts, to thousands of phone and emails into Members' offices, to paid advertising - this $4-5 million campaign aims to pressure key and potentially deciding votes in Congress and to build a movement for an overwhelming victory for this package so that the American people have confidence in the plan and its ability to help turn our economy around. To date, the following organizations have signed on the Campaign for Jobs and Economic Recovery Now: AFSCME, SEIU, AFLCIO, MoveOn.org Political Action, NEA, Americans United for Change, USAction, Campaign for America's Future, ACORN, Health Care for America Now, TrueMajority.org, Sierra Club, People for the American Way Foundation, 21st Century Democrats, American Postal Workers Union, Campaign for America's Future, Institute for Policy Studies - Cities for Progress, Community Action Partnership, Economic Policy Institute, Environment America, League of Conservation Voters, Medicaid Health Plans of America (MHPA), National Education Association, National Postal Mail Handlers Union, National Priorities Project, National Rural Letter Carriers' Association, National Women's Law Center, People for the American Way Foundation, Progressive Future, Roosevelt Institution, United Food and Commercial Workers, Women's Voices - Women's Vote Action Fund, Working Group on Extreme Inequality, Young Democrats of America and YWCA USA. ### "Factory" Ad Back-Up Americans United For Change SCRIPT FACTS OBAMA (VO): We start 2009 in the midst of a crisis unlike any we have seen in our lifetime. Remarks at George Mason University, Fairfax, VA January 8, 2009 Link to video: <http://change.gov/newsroom/entry/dramatic_action/> 0:28 OBAMA (VO): That is why I have moved quickly on an American Recovery and Reinvestment plan. Remarks at George Mason University, Fairfax, VA January 8, 2009 Link to video: <http://change.gov/newsroom/entry/dramatic_action/> 4:22 OBAMA (VO): A plan I am confident will save or create at least three million jobs. Remarks at George Mason University, Fairfax, VA January 8, 2009 Link to video: <http://change.gov/newsroom/entry/dramatic_action/> 6:28 OBAMA (VO): The first job of my Administration is to put people back to work and get our economy moving again. Remarks at Cardinal Fastener & Specialty Co. Inc. Bedford Heights, Ohio January 16, 2009 Link to video: http://my.barackobama.com/page/community/post/stateupdates/gGxFYy 3:32 <http://my.barackobama.com/page/community/post/stateupdates/gGxFYy%203:32> ANNCR(VO): Tell Senator Gregg to support the Obama plan for jobs not the failed policies of the past. Title Card: Tell Senator Gregg to support the Obama Plan. 202-224-3121 AUFC Logo President Bush left the economy in shambles. "President Bush has presided over the weakest eight-year span for the U.S. economy in decades, according to an analysis of key data, and economists across the ideological spectrum increasingly view his two terms as a time of little progress on the nation's thorniest fiscal challenges." [Washington Post, 1/12/09 <http://www.washingtonpost.com/wp-dyn/content/story/2009/01/12/ST2009011200359.html>] As of July of last year the Bush Administration "created just 58,000 new jobs per month on average compared with 237,000 per month under President Clinton." [The Bush Administration's Failed Economic and Fiscal Record, U.S. House of Representatives Committee on the Budget, 7/31/08 <http://budget.house.gov/doc-library/2008/2008-0731bush_econ_fiscal_rec.pdf>] 2008 marked the highest job lost rate since 1945. "The hemorrhaging of American jobs accelerated at a record pace at the end of 2008, bringing the year's total job losses to 2.6 million or the highest level in more than six decades." [CNN, 1/9/09 <http://money.cnn.com/2009/01/09/news/economy/jobs_december/>]
November 24, 2009 WS Shoppers checking out at Toys R Us / United States
November 24, 2009 WS Shoppers checking out at Toys R Us / United States
FSN-275 Beta SP
November 27, 2009 ZO Patron getting beauty tips at Neiman Marcus makeup counter / United States
November 27, 2009 ZO Patron getting beauty tips at Neiman Marcus makeup counter / United States
Henri Poupart-Lafarge
Radio France: filmed programmes
President Barack Obama Remarks on the Economy in East Room of the White House 15:13:26 Obama enters and walks to podium 15:13:32 OBAMA: Good afternoon, everybody. 15:13:36 Before I announce a significant new investment we're making in clean energy, I want to give an update on a matter of concern to every American. That's our employment picture. 15:13:45 The jobs numbers that were released by the Labor Department this morning are a reminder that the road to recovery is never straight and that we have to continue to work every single day to get our economy moving again. 15:13:55 For most Americans, and for me, that means jobs. It means whether we are putting people back to work. 15:14:04 Job losses for the last quarter of 2009 were one-tenth of what we were experiencing in the first quarter. In fact, in November we saw the first gain in jobs in nearly two years. 15:14:15 Last month, however, we slipped back, losing more jobs than we gained, though the overall trend of job loss is still pointing in the right direction. 15:14:24 What this underscores, though, is that we have to continue to explore every avenue to accelerate the return to hiring, which brings me to my announcement today. 15:14:36 The Recovery Act has been a major force in breaking the trajectory of this recession and stimulating growth in hiring. And one of the most popular elements of it has been a clean energy manufacturing initiative that will put Americans to work while helping America gain the lead when it comes to clean energy. 15:14:53 It's clear why such an effort is so important. Building a robust clean energy sector is how we will create the jobs of the future, jobs that pay well and can't be outsourced. 15:15:03 But it's also how we will reduce our dangerous dependence on foreign oil, a dependence that endangers our economy and our security, and it is how we will combat the threat of climate change and leave our children a planet that's safer than the one we inherited. 15:15:18 Harnessing new forms of energy will be one of the defining challenges of the 21st century, and unfortunately right now the United States, the nation that pioneered the use of clean energy, is being outpaced by nations around the world. 15:15:34 It's China that has launched the largest effort in history to make their economy energy efficient. We spearheaded the development of solar technology, but we've fallen behind countries like Germany and Japan in producing it. And almost all of the batteries that we use to power our hybrid vehicles are still manufactured by Japanese countries or in Asia, 15:15:56 though, because of one of the steps like we're taking today, we're beginning to produce more of these batteries here at home. 15:16:02 Now, I welcome and am pleased to see a real competition emerging around the world to develop these kinds of clean energy technologies. 15:16:13 Competition is what fuels innovation. But I don't want America to lose that competition. I don't want the industries that yield the jobs of tomorrow to be built overseas. I don't want the technology that will transform the way we use energy to be invented abroad. 15:16:27 I want the United States of America to be what it has always been, and that is a leader -- the leader -- when it comes to a clean energy future. And that's exactly what this clean energy manufacturing initiative will help us do. 15:16:42 It will help close the clean energy gap that's grown between American and other nations. 15:16:47 Through this initiative, we're awarding $2.3 billion in tax credits for American manufacturers of clean energy technologies -- companies that build wind turbines and produce solar panels and assemble cutting-edge batteries. 15:17:02 The initiative we're outlining today will likely generate 17,000 jobs, and the roughly $5 billion more that we'll leverage in the private sector investments could help create tens of thousands of additional jobs. 15:17:15 At the same time, this initiative will give a much-needed boost to our manufacturing sector by building new plants or upgrading old ones. And we'll take an important step toward meeting the goal I've set of doubling the amount of renewable power we use in the next three years with wind turbines and solar panels built right here in the U.S. of A. 15:17:35 Put simply, this initiative is good for middle class families. It is good for our security. It is good for our planet. Over 180 projects in over 40 states will receive these tax credits. One of them is TPI Composites, Inc., which is based in Newton, Iowa -- one of America's leading wind turbine manufacturers. 15:17:54 Because of these tax credits, TPI Composites will not only be able to expand an existing facility in Newton, they'll not only be able to build a brand new facility in Nebraska, they'll also be able to hire over 200 new workers. 15:18:10 And it is my hope that similar stories will be told in cities and towns across America because of this initiative. In fact, this initiative's been so popular that we've -- we have far more qualified applicants than we've been able to fund. 15:18:23 We received requests for roughly three times as much in funding, $7.6 billion, as we could provide. And that's why as part of the jobs package on which I'm urging Congress to act, I've called for investing another $5 billion in this program which could put even more Americans to work right away building and equipping clean energy manufacturing facilities here in the United States. 15:18:50 You know, in the letters that I receive at night, and many of you know I get about 10 letters a night that I take a look at. I often hear from Americans who are facing hard times -- Americans who've lost their jobs or can't afford to pay their bills. They're worried about what the future holds. 15:19:09 I am confident that if we harness the ingenuity of companies like TPI Composites, if we can tap the talents of our workers and our innovators and our entrepreneurs, if we can gain the lead in clean energy worldwide, then we'll forge a future where a better life is possible in our country over the long run. 15:19:29 That's a future we're now closer to building because of the steps that we're taking today. Thank you very much, everybody. 15:19:34 end walk away
April 3, 2009 TS Businessmen crossing a downtown street / St. Louis, Missouri, United States
April 3, 2009 TS Businessmen crossing a downtown street / St. Louis, Missouri, United States
US Obama - Obama outlines jobs plan, says no easy fixes to financial crisis in Web address
NAME: US OBAMA 20081122I TAPE: EF08/1176 IN_TIME: 10:57:29:01 DURATION: 00:03:43:12 SOURCES: CHANGE.GOV DATELINE: Washington DC, 22 Nov 2008 RESTRICTIONS: SHOTLIST: 1. SOUNDBITE: (English) Barack Obama, US President-Elect: "Good morning. The news this week has only reinforced the fact that we are facing an economic crisis of historic proportions. Financial markets faced more turmoil. New home purchases in October were the lowest in half a century. 540,000 more jobless claims were filed last week, the highest in 18 years. We now risk falling into a deflationary spiral that could increase our massive debt even further. While I'm pleased that congress passed a long overdue extension of unemployment benefits this week, we must do more to put people back to work and get our economy moving again. We've now lost 1.2 million jobs this year, and if we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year. There are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better. But January 20th is our chance to begin anew, with a new direction, new ideas, and new reforms that will create jobs and fuel long term economic growth. I have already directed my economic team to come up with an economic recovery plan, that will mean 2.5 million more jobs by January of 2011, a plan big enough to meet the challenges we face, that I intend to sign soon after taking office. We'll be working out the details in the weeks ahead but it will be a two year nationwide effort to jump start job creation in America and lay the foundation for a strong and growing economy. We'll put people back to work, rebuilding our crumbling roads and bridges, modernising schools that are failing our children, and building wind farms and solar panels, fuel efficient cars and the alternative energy technologies that can free us from our dependence on foreign oil and keep our economy competitive in the years ahead. These aren't just steps to pull ourselves out of the immediate crisis. These are the long term investments in our economic future that have been ignored for far too long, and they represent an early down payment on the type of reform my administration will bring to Washington. A government that spends wisely focuses on what works and puts the public interest ahead of the same special interests that have come to dominate our politics. I know that passing this plan won't be easy. I will need and seek support from Republicans and Democrats, and I'll be welcome to ideas and suggestions from both sides of the aisle. But what is not negotiable is the need for immediate action. Right now there are millions of mothers and fathers who are lying awake at night wondering if next week's paycheck will cover next month's bills. There are Americans showing up at work in the morning only to have cleared out their desks by the afternoon. Retirees are watching their life savings disappear and students are seeing their college dreams deferred. These Americans need help. They need it now. The survival of the American dream for over two centuries is not only a testament to its enduring power, but to the great effort, sacrifice and courage of the American people. It has thrived because in our darkest hours we have risen above the smallness of our divisions to forge a path toward a new and brighter day. We have acted boldly, bravely, and above all, together. That is the chance our new beginning now offers us, and that is the challenge we must rise to in the days to come. It is time to act. As the next president of the United States, I will. Thank you." STORYLINE President-elect Barack Obama on Saturday outlined his plan to create 2.5 (m) million jobs in coming years to rebuild roads and bridges and modernise schools while developing alternative energy sources and more efficient cars. "These aren't just steps to pull ourselves out of this immediate crisis; these are the long-term investments in our economic future that have been ignored for far too long," Obama said in the weekly Democratic radio and web "YouTube" address. The economic recovery plan being developed by his staff aims to create 2.5 (m) million jobs by January 2011, and he wants to get it through Congress quickly and sign it soon after taking office. He called the plan "big enough to meet the challenges we face" and said that it will jump-start job creation but also "lay the foundation for a strong and growing economy." Aides said the economic plan outlined on Saturday went further that the president-elect has gone before. A trio of crises - housing, credit and financial, have badly damaged the economy, and financial analysts have projected the country's economic hardships will continue through much of 2009. Obama acknowledged on Saturday that evidence is growing the country is "facing an economic crisis of historic proportions." He noted turmoil on Wall Street, a decrease in new home purchases, growing jobless claims and the menacing problem of deflation. He said he was pleased Congress passed an extension of unemployment benefits this week, but added, "we must do more to put people back to work and get our economy moving again." Figures out this week showed new claims for jobless aid had reached a 16-year high. "If we don't act swiftly and boldly, most experts now believe that we could lose millions of jobs next year," Obama said. He cautioned, "there are no quick or easy fixes to this crisis, which has been many years in the making, and it's likely to get worse before it gets better." But Obama said Inauguration Day, January 20, "is our chance to begin anew." Obama said getting congressional approval for his broad economic plan will not be easy. "I will need and seek support from Republicans and Democrats, and I'll be welcome to ideas and suggestions from both sides of the aisle,» he said. "But what is not negotiable is the need for immediate action." Across the country, Americans "are lying awake at night wondering if next week's paycheck will cover next month's bills," people are showing up at work to clear out their desks and retirees are watching their life savings disappear, Obama said. On Thursday, the Labour Department reported that claims for unemployment benefits jumped last week to 542,000. That marked the highest level since July 1992 and provided fresh evidence of a rapidly weakening job market that is expected to get even worse next year. "In this country's darkest hours, the American people have risen above their divisions to solve their problems," Obama said. "We have acted boldly, bravely, and above all, together," Obama said. "That is the chance our new beginning now offers us, and that is the challenge we must rise to in the days to come. It is time to act. As the next president of the United States, I will."
"Molex: a year later"
Midi Atlantique
WHITE HOUSE PRESIDENT GEORGE W BUSH REMARKS ON THE ECONOMY IN KERNERSVILLE, NORTH CAROLINA 13:07:48 Bush walkout 13:08:20 gladhanding 13:08:27 thank you 13:08:59 the economy in US is strong and I'm here to talk about how we're making it stronger 13:09:19 thank workers 13:09:22 try to keep comments brief so you can get back to work 13:10:00 Thanks Snowe, Butiera 13:10:08 I'm proud to be here with Senator Richard Burr from NC 13:10:24 good down to earth fella.strong member of US senate 13:10:36 make sure you remember ppl of NC 13:10:44 cong. Foxx.she's doing an excellent job 13:10:54 cong Coble 13:11:08 cong Patrick McHenry 13:11:19 thank mayor of Kernersville 13:11:25 Ron Morrison operation manager 13:11:53 government does not create wealth.businessmen, entrepreneurs create wealth 13:12:17 where small business can grow into big business 13:12:29 our most precious resources to American worker 13:12:40 freedom to make a better life for themselves and their families 13:12:50 confident and optimistic nation 13:12:56 trust in American ppl brought us to some pretty tough times 13:13:07 recession.terrorist attacks, devastating national disasters 13:13:19 all shocks to economy, which I felt needed action 13:13:30 ppl keep more money--to be able to save and to spend 13:13:44 called on congress to keep money 13:13:50 gave you an opportunity.let you decide how to spend your money 13:14:03 reducing marriage penalty..reward marriage in tax code, not penalize 13:14:21 these cuts making real difference form American families 13:14:32 kerby harzall story 13:15:25 ppl in Washington who say we don't need the money ought to come to NC and talk to Harzalls 13:15:41 an investment 13:15:48 most new jobs in America created by small business owners 13:16:00 lower taxes on individuals.connect to lower taxes on small businesses 13:16:18 to help farmers and entrepreneurs.death tax 13:16:31 spring of 2003, one dem called tax relief a tragedy and said it could not create jobs or help economy 13:16:51 doing what you think is right.laying out criticism 13:16:58 our economy has added nearly 4.5 MILLION NEW JOBS 13:17:12 just this 215,000 in November alone 13:17:22 unemployment down to 5%, lower than 70s, 80s, 90s 13:17:37 economy growth in last quarter 13:17:44 growing for 2 years 13:17:48 economy on move..people can find work.good paying, steady work, and that's what's happening in America 13:18:11 Americans are buying homes 13:18:21 minority home ownership at all time high in America 13:18:33 consumers are confident 13:18:43 businesses activity growth 13:18:58 FORTUNATELY I DIDN'T LISTEN TO PECISMISTS ABOUT TAX CUTS. THE TAX CUTS ARE WORKING 13:19:16 we're on track to reach our goal by 2009 13:19:27 thanks to tax relief, spending restraint.economy strong, businesses are booming, and ppl in this country are working 13:19:50 cant' thank this growth for granted..agenda to keep economy growing 13:20:04 commitment to keep taxes low and being wise how we spend our money 13:20:17 we're hearing voices in washing that want to raise your taxes 13:20:44 that happens a family of 4, see income taxes to go up by 50% 13:21:01 some folks want to take more out of your paycheck. 13:21:12 what they're really saying they're going to raise your taxes 13:21:29 us congress needs to make this tax relief permanent 13:21:40 restarting efforts.we're going to spend what it takes to support our troops in harms way 13:22:13 earlier this year , in non security non spending congress has said to meet this target 13:22:33 terminate and reduce 150 programs.not meeting needs of American people 13:22:46 for first time since 1997.saving entitlement program 13:22:56 we're on our track to cut deficit in half by 2009 13:23:07 in the long-term, most sig. deficits will occur as baby boomers retire and more people receive soc sec and benefits 13:23:26 if there's a lot of baby boomers retiring, paying into system 13:24:00 congress to do something about it 13:24:18 obligation to confront, not pass on to future generations and congresses 13:24:31 priority.unfortunately we have too many politicians in Washington 13:24:53 raise your taxes.my solution is to keep your taxes low and be fiscally sound about how we use your money 13:25:10 as we think about ways to keep economy strong.one thing we need to work on is energy.LESS DEPENDENT ON FOREIGN SOURCES OF ENERGY 13:25:39 both affect economic and national security.work for a day when America is less dependent 13:25:58 energy bill encourages conservation 13:26:49 use corn or soy beans to fuel automobiles 13:27:12 so we've got a good bill on the table that I've signed but we got to do more 13:27:25 Katrina hit us and we realized how vulnerable we were - and I know that . 13:27:43 we ought to take notice of what happened we haven't built a refinery since back in the 70's - more gasoline, less pressure for consumers 13:28:15 we've got to produce and refine, natural and crude gas 13:28:26 artic wildlife refuge in America 13:28:39 2000 acres out of 19 and use that 2000 acres.to exploit 13:29:05 this area can yield up to a million barrels of oil per day - so important for congress to find .anwar 13:29:38 working people can look to the future with confidence and that's why I promote an ownership society, have control over health accounts, and own their own small business 13:30:14 we need to prepare Americans to take advantage in the 21st century as it changes must make sure that the workers have what it takes to do the jobs 13:30:43 I think they work well, and they have got flexibility in their curriculum been to I've seen workers in textile industry go back and become hospital workers
WS Businessman falling into pool, holding life belt / Richmond, Virginia, USA
NNS Stimulus - Unemployment - Job Fairs -
VSNVS0248 01:00:11 1. NNS-Stimulus - Kentucky Governor Steve Beshear - Mayor Jerry Abramson Wednesday, February 25, 2009 Dateline: Louisville, KY Duration: 00:01:18.00 SUPERS: Louisville, KY Jerry Abramson , Louisville Mayor Gov. Steve Beshear , D-Kentucky VIDEO INFO: SOT-Abramson: "One, maximize job creation. Maximize job creation and two to make a lasting difference in our hometown." FS Abramson standing at podium addressing crowd, FS freeway overpass and street below, FS/CU home under construction SOT-Abramson: "We have projects in our list that focus on building and improving roads and schools. To expand water lines and sewer lines. To maintain our police force at its current strength while other cities are struggling with layoffs and with cutbacks. To build a new firehouse that our crippled city budget might not be able to build in the next year or so." SOT-Beshear: "The commonwealth will receive direct appropriations of a little more than three billion dollars from the federal government. Now that money will arrive over the next 28 months." CU Kentucky at work sign, Aerials of bridge and factory SOT-Beshear: "We will create some new jobs with many of these programs. Part of what this money's going to do is keep us from laying off teachers. Keep us from laying off bus drivers. Keep us from laying off police officers and firefighters. And that's going to be preserving jobs." 01:01:52 2. NNS-Stimulus-KS:Gov Sebelius On Where Money Is Going Wednesday, February 25, 2009 Dateline: Topeka, KS Duration: 00:01:18.00 The money from the federal stimulus bill is already changing plans for projects in Kansas. Governor Kathleen Sebelius at a news conference Wednesday (2/25) to discuss the stimulus said the plan will help usher in a new era of economic growth. Kansas is getting about one point seven billion if federal funds. The first installment arrived today. SUPERS: Topeka, KS Gov. Kathleen Sebelius D-KS VIDEO INFO: Presser NOT TRANSCRIBED 01:03:31 3. NNS-Budget- MN : Gov Pawlenty On New Plan Tuesday, March 03, 2009 Dateline: St. Paul, MN Duration: 00:01:02.00 INFORMATION: It may be late this year and into early 2010 before the federal stimulus money starts turning the economy around. That was the impression in Minnesota today (3/3) when the budget forecast was released for the state. The money will go a long way to help buffer Minnesota's budget deficit. If it were not for the stimulus, the state would be looking at a six-point-four billion dollar budget deficit. SUPERS: St. Paul, MN Gov. Tim Pawleny R-MN VIDEO INFO: Ws men standing at podium, cu man speaking into mic, cu various legislators, cu people in audience, man at podium. SOT-Gov. Pawlenty: "We need to make sure we ask state government to do what everybody else is doing. There is hardly any family, any business, anyone, anywhere that isn't being asked to tighten their belts and government should do the same. And we're gonna insist on that, I'm gonna insist on that. So if they plan on raising taxes, we're gonna have a collision." 01:04:52 4. NNS-Grain Farmers-MO: $Millions Unpaid By Company Thursday, February 26, 2009 Dateline: Martinsburg, MO Created On: 02/26/09 INFORMATION: Hundreds of Missouri farmers learned they could lose millions of dollars because they may have been swindled by an Audrain County grain dealer. A routine audit by the Department of Agriculture found unpaid royalties in the financial records of T.J. Gieseker Farms and Trucking. SUPERS: Martinsburg, MO Chris Koster , MO Attorney General John Hagler ,MO Agriculture Director Chris Klenklen , MO Department of Agriculture VIDEO INFO: Various shots: of a machine harvesting grains, man working on a grain machine, factory exterior. SOT-Koster "We are going after the books; we have frozen the bank accounts. And we have opened now an official investigation to find out exactly what has happened." Various shots: of truck, flag on top of a building, tight shot: of equipment, truck on the road, street sign, metal storage containers. SOT-Hagler "It impacts a wide variety of area. Maybe even multiple states before it's over." Various shots: people in a meeting. SOT- Klenklen "One hundred farmers, 100 claimants and we got a round figure of about $15 million." Various shots: people seated in a meeting, man writing something on a piece of paper, plant exterior. 01:06:42 5. NNS-Economy- RI: Dozens of Protesters Angry Over GOP Gov Budget Thursday, February 26, 2009 Dateline: Providence, RI Duration: 00:01:13.00 INFORMATION: Dozens of laid off workers demonstrated in front of Rhode Island's state house in Providence Thursday (02/26) angry over proposed budget cuts. The protest march came after Rhodes Island's Republican Governor Donald Carcieri signed on to take a billion point one dollars from President Obama's stimulus bill. SUPERS: Providence, RI Gov. Donald Carcieri , R- Rhode Island Dan Israel , Union Leader Jason Drapeau ,Nurse Karen McMahon ,Nurse VIDEO INFO: SOT-NAT "We won't take no more, we're fired up!" Various shots: protesters marching in the streets with signs. SOT-Israel" We want the stimulus money to come in and make up for those cuts, and put people back to work, and create better jobs." Various shots: of protesters marching in the streets with signs, Gov. Donald Carcieri signing a bill then getting up, people in the room clapping, zoom out: protesters marching in the streets with signs. SOT-Drapeau "While the governor continues to cut money to, programs children, education and healthcare, and we want that to stop." Various shots: of the protesters marching in the streets with a banner and signs. SOT-McMahon"We employed probably over two hundred people, and the threat is here also of closing down." 01:08:18 6. NNS-Tea Party-IL:Chicagoans Protest Stimuls Package Friday, February 27, 2009 Dateline: Chicago, IL Duration: 00:00:57.16 INFORMATION: Angry taxpayers in Chicago rallied in a symbolic tea party Friday (2/27). About 300 people turned up along Michigan Avenue to voice their opposition to the stimulus package passed by Congress. SUPERS: Chicago, IL Denise Amundson , Protester 01:09:48 7. NNS-Tea Party-MO:Stimulus Protest Friday, February 27, 2009 Dateline: St. Louis, MO Duration: 00:01:29:20 INFORMATION: Ripping a page out of the history books, a group opposed to the stimulus plan held a "tea-party" in St. Louis on Friday (2/27). Hundreds of members of the "Don't Tread On Us" Coalition showed up on at the Gateway Arch Friday to express their discontent with the 300-billion-dollar federal stimulus plan. VIDEO INFO: WSs of crowd, MS of Nancy Pelosi witch doll, MS of protester with bullhorn, WSs of crows and signs, MS of sign declaring "I'm one of rich", MS of tea floating in water, MS of people throwing tea in water (NATS of man saying "Here's to you King Obama"), MSs of more people throwing in tea, MS of child throwing tea in water, MS of crowd singing. 01:11:37 8. NNS-Tea Party-MO:Stimulus Protest Friday, February 27, 2009 Dateline: St. Louis, MO Duration: 00:01:29:20 INFORMATION: Ripping a page out of the history books, a group opposed to the stimulus plan held a "tea-party" in St. Louis on Friday (2/27). Hundreds of members of the "Don't Tread On Us" Coalition showed up on at the Gateway Arch Friday to express their discontent with the 300-billion-dollar federal stimulus plan. VIDEO INFO: WSs of crowd, MS of Nancy Pelosi witch doll, MS of protester with bullhorn, WSs of crows and signs, MS of sign declaring "I'm one of rich", MS of tea floating in water, MS of people throwing tea in water (NATS of man saying "Here's to you King Obama"), MSs of more people throwing in tea, MS of child throwing tea in water, MS of crowd singing. 01:13:28 9. NNS-Tea Party-CA:Stimulus Protest In San Diego Saturday, February 28, 2009 Dateline: San Diego, CA Duration: 00:01:27.00 INFORMATION: There were echoes of the Boston Tea Party in San Diego, California Friday (2/27). Opponents of President Obama's stimulus bill took part in a nationwide protest. About 350 people gathered at the San Diego Bay to cheer on the symbolic dumping of the "tea". VIDEO INFO: MS of a man throwing a large bag of tea into the bay. MS on two women holding protest signs. MS of a woman and little boy walking with their protest signs. MS on a protest sign. CU on a man signing a paper. MS on a woman holding up a protest sign. MS on two large bags filled with tea. MS of a man talking to a group of people. MS on two women listening to the man's speech. CU on protest sign. CU on a bag of tea. MOS Woman -"We don't want taxation that has no representation and not adequate representation anymore. So everybody's mad and we're getting hit double hard in San Diego because of the California budget that was passed." MS of various protestors standing on the side of the road. MS on several protestors walking with their signs. MS of a woman holding a protest sign. MS on several people holding protest signs. WS of various protestors standing on the side of the road. 01:15:20 10. NNS-Tea Party-CA:Stimulus Protest In San Diego Saturday, February 28, 2009 Dateline: San Diego, CA Restriction: Duration: 00:01:27.00 INFORMATION: There were echoes of the Boston Tea Party in San Diego, California Friday (2/27). Opponents of President Obama's stimulus bill took part in a nationwide protest. About 350 people gathered at the San Diego Bay to cheer on the symbolic dumping of the "tea". VIDEO INFO: MS of a man throwing a large bag of tea into the bay. MS on two women holding protest signs. MS of a woman and little boy walking with their protest signs. MS on a protest sign. CU on a man signing a paper. MS on a woman holding up a protest sign. MS on two large bags filled with tea. MS of a man talking to a group of people. MS on two women listening to the man's speech. CU on protest sign. CU on a bag of tea. MOS Woman -"We don't want taxation that has no representation and not adequate representation anymore. So everybody's mad and we're getting hit double hard in San Diego because of the California budget that was passed." MS of various protestors standing on the side of the road. MS on several protestors walking with their signs. MS of a woman holding a protest sign. MS on several people holding protest signs. WS of various protestors standing on the side of the road. 01:17:03 10B. 23. NNS-Stimulus- RI:Construction Workers ON Fed Funded Projects Thursday, March 05, 2009 Duration: 00:01:07.00 INFORMATION: Although the nation is reeling from recession and high unemployment; road and infrastructure construction workers are gearing up for new work thanks to the administration's stimulus bill. SUPERS: Providence, RI Jim White , President, Operating Engineers mos VIDEO INFO: **MOS bite recorded with low audio** Cars driving on highway, cu detour sign, ws orange buffers, ws highway, ws ceiling. SOT-MOS: "This is very difficult being at my age." People on unemployment line, ws highway, cars on highway. SOT-White: "This will dramatically affect our members. This is our bread & butter, is bridge and road construction. This should put most of our members back to work. " Cutaways to White, ws cars on highway, pan of construction tools behind fence, ws crane. SOT-White: "We've had a lot of people out of work for at least two years, some of them three years." Cars on highway. SOT-White: "Most of these bridges and roadways have outlived their useful life. Most of them should've been replaced years ago, we just haven't had he financing to do it." 01:18:32 11. NNS-IndyMac Bank-CA:Former Customers Protest Saturday, February 28, 2009 Duration: 00:00:59.00 INFORMATION: A group of former IndyMac Bank customers protested outside the bank's Pasadena branch Saturday (2/28). Former customers say they lost millions of dollars when the Federal Deposit Insurance Corporation took control of the bank last year. They say they were misled by the bank and by the FDIC. California-based IndyMac Bank was one of the largest U-S mortgage lenders and failed amid last year's credit meltdown. VIDEO INFO: MW IndyMac building, tilt down to WS protesters. MS dog protester with sign, MS protesters with signs chanting, MW more of same, WS top floor of IndyMac building, tilt down to show protesters on sidewalk and traffic in foreground , MS protester with sign and passing traffic, WS traffic on busy street outside IndyMac building, honking horns, MW low view of protesters, MS marching with signs, MW protesters waving at passing traffic, SOT-MOS "When you get car insurance it tells you: Do you get towing? Do you get full coverage? Do you get, you know, collision? Why isn't it the same at the banks? They don't have to tell you by law what's insured and what's not. They can lie to you and tell you every day that you're insured and you find out that you're not." 12. NNS-IndyMac Bank-CA:Former Customers Protest Same story as above but in HD squeezed 01:21:10 13. NNS-Economy-CA:Foreclosure Bus Tour Friday, March 06, 2009 Dateline: Antioch, CA INFORMATION: Forty-five people rolled out of the parking lot of the Most Holy Rosary Church in Antioch, California Friday (3/6) on a nationwide tour headed for Washington D.C.. They want the federal government to help others avoid the fate of foreclosure and they are hoping to take their case to President Obama. Albert Hernandez of Brentwood is leaving behind his wife and two children. The Recovery Express, as it's called, is the work of the Christian group People Improving Communities Through Organizing, or PICO. The recovery riders are heading for Washington, picking up signatures on their petition along the way at stops in Colorado, Missouri, Illinois, Michigan and New Jersey. Ideally, they will hand them off next week to the president. The petitions demand approval of the Mortgage Relief Bill that passed the House on Thursday night and an end to lending practices that hurt people in Antioch, especially the poor and people of color. SUPERS: Antioch, CA Albert Hernandez ,Brentwood Rosario Frisse , Event Organizer Claudia Morales , Fmr. Mortage Broker VIDEO INFO: Ws day video people standing and praying. Ws priest sprinkling holy water on people as they pray. Ws residents standing by bus. SOT- Hernandez "I'm almost in foreclosure; my mortgage payment is too high, my wife is not working and it's just really hard for me to keep my house right now." Ws people loading bus with luggage. Cu bus. MS people getting on bus. Ws families standing with small flags. SOT- Frisse "We believe in miracles and we want to go and tell President Obama and the people in the Congress that the community is coming. We want you to help us now, we want answers." Ws exteriors of homes with foreclosure signs. Ws residents standing near bus. SOT- Morales "Some banks will not lend here, regardless of a clients stellar credit, and income." Ws day video bus driving off (brief NATS at end). 13B. Same story as above but in HD squeezed 01:24:43 14. NNS-Economy-RI:High Unemployment Rate Tuesday, March 03, 2009 Dateline: Providence, RI Duration: 00:01:16.00 INFORMATION: Rhode Island's unemployment rate is now in double digits. Outside of the unemployment office in Pawtucket, Rhode Island Tuesday (3/3) those who are unemployed are skeptical about finding work in the state. Bryant University economist Edinaldo Tebaldi forecasts unemployment will climb to 11 percent before the economy starts recovering next year. But it could take years for the job count to reach its peak of February 2007, when 549-thousand-800 state residents were employed. SUPERS: Pawtucket, RI Carmen Escobar, Unemployed Larry Counts,Unemployed Laura Hart, Dept. of Labor and Training VIDEO INFO: Cu day video sun shining. Ws snow covered ground. Ws people in unemployment office sitting at cubicles. Ws people standing in line at unemployment office. SOT--Escobar "It's very, very difficult there's nothing out there. People are not hiring anybody right now because of the economy." SOT--Counts "I mean 2008 was a bad year. This year might be worse." Ws day exterior of unemployment building. SOT--Escobar "It's very stressing and very depressing that you can't even find anything out there right now. You know you want to be working, you want to have a job, you want to support your family and it just makes it very hard." SOT--Counts "Your 401k, you've gotta cash that in, in order to live on and that's about running out so I'm in a hole, so I don't know. Hopefully things will get better." Ws woman walking to unemployment building. SOT--Hart "So, it's actually putting between 750-thousand to a million dollars on the street every week into people's pocket, so that right there, that's a good thing." 01:26:18 15. NNS-Economy-LA: Rise in Homeless Population Wednesday, October 22, 2008 Duration: 00:01:09.00 INFORMATION: The economic crisis is causing a significant increase in the homeless population across the country. Shelters in Northwest Louisiana are struggling to cope during these difficult times. SUPERS: Shreveport, LA Connie Driggers , RESCUE MISSION RESIDENT D.J. Hejtmanek , DEVELOPMENT DIRECTOR VIDEO INFO: Volunteer putting food on plate, volunteer handing out food. SOT-Driggers: "There's a lot of problems with domestic violence that's putting women out on the street and alcoholism and drugs." Ws homeless in shelter. SOT-Hejtmanek: "The trend nationwide is for homelessness to increase. We?re praying that that doesn't happen in Shreveport-Bossier." SOT-Hejtmanek: "Yes, we're concerned but we're also a Christian organization so we believe that God will provide." Cu volunteer going through cabinets, cu homeless in shelter, volunteers cooking. 01:28:05 16. NNS-Economy-OH:400+ Ppl Apply for Janitor Job Sunday, March 08, 2009 Dateline: Massilon, OH INFORMATION: Proof of the tumbling economy: 400 applications submitted for one janitorial job at a local Ohio school. SUPERS: Massilon, OH Barry Mason - Perry Local Schools Chad Taylor -Applicant VIDEO INFO: WS of two men handing applications to a woman in a school office. MS of Mason walking in with a stack of applications in his hands as he places them on a counter. SOT- Barry Mason: "We really didn't fully anticipate ah, that kind of a response." CU and WS Edison Junior High sign on a hallway office. WS of a school hallway with a kid walking by. CU of stacks of applications rubber-banded on a desk. SOT- Barry Mason: "We are now at a count of over 400 applications for an afternoon custodial position." CU of hands shuffling applications as they are looked through. SOT- Chad Taylor: "Seems like a pretty good job to work in... I'm looking for all kinds of stuff actually. I figured I'd try this place." SOT- Barry Mason:" I think obviously with that many quality applicants we realized there were gonna be some people that would really be well qualified for these positions. CU of hands turning over applications. SOT- Barry Mason (reading) "Landscaping experience, manufacturing experience ." WS of Mason looking over the applications by his desk. SOT- Chad Taylor: "It's really important, 'cause I have a daughter and stuff like that I got to look out for." WS of school grounds with marquee. 01:29:34 17. NNS-Economy-FL:Thousands Attend Job Fair Tuesday, March 10, 2009 Dateline: Miami, FL Duration: 00:01:30.00 INFORMATION: Thousands of people looking for employment participated in a job fair at Junge Island on Tuesday (03/10). Two dozen employers were featured at the south Florida job fair. David Machacon woke up at 2:30 in the morning so he could be the first person in line for the job fair at Jungle Island. Machacon says he has a daughter, wife and a baby on-the-way, so his unemployment came at a difficult time for his family. SUPERS: Miami, FL MOS Man 1 MOS Woman 1 Donald Machacon Arrived At 2:30 a.m. Joesph Laco JOB News Christian Garcia University of Miami MOS Man 2 VIDEO INFO: Various close shots on women's faces. CU on a woman's arms. WS on several people standing in lines at a long table. MS on a man filling out paperwork MOS Man 1 -"I've been out o work for a about three months now." MOS Woman 1 -"Sometimes I fell to write a big, big sign saying, you know...I need to work." SOT Machacon -"I have a five year old daughter, married with another baby on the way." MS of a man sitting in his car. WS of a car parked in front of the parking garage. SOT Machacon -"I've got to come out and be the first one. They're going to remember the first faces." WS of a man handing papers to a line of people. CU on a person holding a stack of papers. Ws panning across a line of people. CU on a woman's face. CU on a Brinks' sign. CU on a Domino's Pizza sign. CU on a Microsoft sign then pan over to a woman talking with a man. Aerial WS panning across a line of people. Aerial WS panning across various people standing along the sidewalk. WS on several people sitting at a table. SOT Laco -"Last March we were here at the same venue and we only had four hundred people and it looks like this year we're headed to two thousand." WS on various people standing at a long table. CU on a man's face then pan over to another man. CU on a person's pants. CU on a man's shorts. MS on a man standing in between two mannequins. CU on a wrinkled shirt. SOT Garcia -"The trick is to be remembered but to be remembered for the right reasons. We always say air on the side of black, navy, maybe a dark brown, or dark gray. For instance , you know Rudy he has the tie...the shirt, I'm sorry the tie is all messed up and the shirt is wrinkled." CU on a stack of papers. MS on a man standing next to a copy machine. MS on a man taking with people at a table. MS on the man as he walks though the fair. MOS Man 2 -"I need to pay for life, for my kid." 17B. NNS-Economy-FL:Thousands Attend Job Fair - same story as above but in HD - squeezed 01:33:23 18. NNS-Economy-NJ:Jobless Residents, Stimulus Package Hopes Monday, February 02, 2009 Duration: 00:01:16.00 INFORMATION: All eyes turn to the U-S Senate. At stake, the nation's recovery from a down economy. Meanwhile, Macy's announces more bad news. It's cutting 7-thousand jobs across the country. You're watching New Jersey residents sign up for employment insurance, and it's not fun. SUPERS: Hackensack, NJ Angel O'Connor Jobless Resident Denis Biteri Jobless Resident Joan Lipski Jobless Resident Senator Robert Menendez D-New Jersey VIDEO INFO: Ws people standing at counter and filling out application, ws people on line , ws people sitting in chairs. SOT-O'Connor: "The last job I worked was at a collection agency and I went to work one morning and the woman said to me, 'I have no work for you'." Ws people walking down the street. SOT-Biteri: "I'm afraid of me losing everything that I have: my house, everything. Coz I won't be able to afford my bills." Cutaways to Biteri, ws people sitting in chair, people sitting behind desks consulting with unemployed workers, woman sitting at computer, cu computer monitor. SOT-Lipski: "Dubai jobs, United Arab Emirates, I'll go anywhere in the world for a good job at this point in time." Ws people walking down street, ws Menendez at podium, workers on computer looking for jobs. SOT-Sen. Menendez: "This package for economic recovery and reinvestment is about jobs number one, jobs number two, and jobs number three." Ws NJ transit bus, file of kids in classroom, pan of NYC skyline. SOT-Sen. Menendez: "It will produce jobs for quite a long time and the economic ripple effect of the calculus of that is in the billions of dollars ." Cutaway to unemployed worker. SOT-MOS: "It sounds like the unions are going to profit from that." 01:35:00 19. NNS-Economy-GA:Hundreds Apply For KIA Supplier Jobs Monday, February 09, 2009 Dateline: LaGrange, GA Duration: 00:00:52.00 INFORMATION: Nearly a thousand job seekers from Alabama and Georgia descended on the town of LaGrange, Georgia Monday (02/09) as a major auto parts supplier announced 600 new jobs. Sewon American will provide stamping, production and assembly work for Georgia's planned KIA auto plant in nearby West Point, Georgia. SUPERS: LaGrange, GA Monday Richard Woodley - Job Applicant VIDEO INFO: Job applicants waiting in line, people at tables filling out applications SOT-Woodley: "My position was basically to put the frame in the car that everything set upon." People filling out application, man walking. Little girl with woman filling out application SOT- Woodley: "I think that God is going to take care of those who are already in a covenant agreement with him., (laughs) (reporter: "So you' re saying a little prayer in other words?") Most definitely." 01:36:01 20. NNS-Economy - MA: Six Flag Job Opportunities Avail, Reax Monday, March 02, 2009 Duration: 00:01:24.00 INFORMATION: Six Flags is no stranger to long lines and over the weekend, the crowds were hoping to experience the amusement park as an employee instead of a ticket-holder. That's because Six Flags is looking to hire several thousand people for their 2009 season. The jobs range anywhere from ride attendants and food service to promotions and safety. SUPERS: Springfield, MA Melissa Pinkerton - Six Flags New England Official Stephanie Carollo -College Student VIDEO INFO: MS to MW Six Flags sign and people waiting in line, WS park exterior, CU Six Flags exterior sign. SOT-PINKERTON "At a time when a lot of jobs aren't available, we're actually looking to hire three-thousand employees for our 2009 season, which is a big number." MW room of applicants waiting for interviews, CU hands filling out application, MS pan line of applicants. SOT-CAROLLO "It's hard with the economy. I know so many people who've been laid off; a lot of my friends have and I just, you know, am trying to hang in there and do the best I can." MW seated applicants, CU hands filling out application, MW to CU room of people being interviewed, MS rows of applicants waiting, MW interview area, MW applicants being interviewed, MS interview, MS applicant. SOT-MOS (young applicant) "It is hard to get a job for...especially for kids my age." MS applicants being interviewed, CU applicant filling out form, MW line of potential applicants. SOT-PINKERTON "That's the beautiful thing about what we're doing here today. Three-thousand jobs can be filled and that will help the community around us . I mean, we understand that everybody's going through tough times and we're here to offer jobs." 01:37:48 21. NNS- Job Fair-FL:One Thousand Show; Many Turned Away Wednesday, March 04, 2009 INFORMATION: For a lucky thousand people or so who are suffering the unemployment blues, the past couple of days at a Miami area college has been absolute bliss. About a dozen companies and job recruiters from across the southern region of Florida spent the last couple of days attending a job fair. SUPERS: Miami, FL Janay Hardwick - First in Line Tony Green - Carnival Cruise Lines Richard Austin - Couldn't Get into Job Fair Elena Gonzalez - Looking for Work VIDEO INFO: SOT- Hardwick: "I was here since 5. (You're the first one in line?) Yes. ( So you're going to wait some 4 hours to get in?) Yes. (It's worth it?) Yes! It's that bad out here." Pan from first woman in line and down the row, cu applicants holding resumes , cu people waiting in line, aerials of long line wrapped around building, pan of long line early this morning, man showing his resume. SOT-MOS: "Many years ago, I used to be a customer service rep. I got all my awards here." Cu various signs with company logos on them, applicants handing over resumes . SOT-MOS: "Probably 20-30 possibly. We'll see." SOT-Green: "As many as I can get." SOT-MOS: "Sorry, I have to go home now, there's too many people." People leaving. SOT-Austin: "(So you weren't able to get in?) Unfortunately, not. I guess it's signs of the times." Aerials of people on line, ws long line. SOT-Gonzalez: "It's good. It's good. I got a few of them." 01:39:26 21B. NNS- Job Fair-FL:One Thousand Show; Many Turned Away - same story as above but in HD
G20 Summit: Barack Obama press conference
G20 Summit: Barack Obama press conference; Barack Obama press conference speech continued SOT - Let me outline what I think has been most significant/ Number one, we are committed to growth and job creation/ All G20 nations have acted to stimulate demand, which will total well over 2 trillion in global fiscal expansion/ The United States is also partnering with the private sector to clean out the troubled assets, the legacy assets that are crippling some banks, and using the full force of the government to ensure that our action leads directly to loans to businesses large and small, as well as individuals who depend on credit/ And these efforts will be amplified by our G20 partners, who are pursuing similarly comprehensive programs - And we also agreed on bold action to support developing countries, so that we aren't faced with declining markets that the global economy depends on/ Together, the G20 is tripling the IMF's lending capacity and promoting lending by multilateral development banks to increase the purchasing power and expand markets in every country - We've also rejected the protectionism that could deepen this crisis/ History tells us that turning inward can help turn a downturn into a depression/ And this cooperation between the world's leading economies signals our support for open markets, as does our multilateral commitment to trade finance that will grow our exports and create new jobs - That's all on the growth front/ And next we made enormous strides in committing ourselves to comprehensive reform of a failed regulatory system/ And together, I believe that we must put an end to the bubble and bust economy that has stood in the way of sustained growth and enabled abusive risk-taking that endangers our prosperity - At home, back in the States, our efforts began with the approach that Secretary Geithner proposed last week, the strongest regulatory reforms any nation has contemplated so far to prevent the massive failure of responsibili...
RUSHES: Tom Bradby interviews with Gordon Brown
Tom Bradby interviews with Gordon Brown; ***ITN EXCLUSIVE (ITV News)*** ENGLAND: Birmingham: INT Reporter, Tom Bradby and Gordon Brown MP (PM) looking out of hotel window then both sit on settee for interview Gordon Brown MP (PM) interview SOT - saying the idea of having a Cabinet meeting in Liverpool is to hear what local people have to say / meet local people before meeting - important to listen to what people have to say round the country - got to get through this downturn and make Britain stronger for future - people got to get skills during this downturn, got to invest in digital future, environment Q: is is a waste of money Brown SOT - people are meeting local businesses, health, different walks of life - listening to what people say then acting on it
Steny Hoyer Speech
HOYER House Majority Leader Steny Hoyer discusses the 2010 legislative agenda in particular job creation and deficit reduction. Representative Steny Hoyer (D-MD) remarks at National Press Club X83/RS-9 Slugged: 1210 CSPAN HOYER X83 PREPARED REMARKS BELOW "When President Obama spoke to the Democratic Caucus this month, he took a moment to remind each of us how and why we were called to public service: 'We were willing to stand up in the public square, risk loss, risk embarrassment, because we knew in our hearts that something wasn't right.' Frustration is part of public service, whenever we see that the ideals we hold to be true are not within reach of our communities. Our test is whether we can turn our frustration into something constructive-whether we can be passionately positive. "And that is especially the case in 2010, as Congress begins a new session and as we gather to hear the State of the Union address. This is a time of economic pain for millions of Americans, and fear for their families' future; and in 2010, many expect that economic pain to be translated into political pain for Democrats, the incumbent party. That's what we saw in Massachusetts. If Democrats didn't share America's economic urgency, we would deserve to lose more seats. "But when I look at the members of our Caucus, I see that urgency every day; and it only grows when we reflect on why we are here in the first place. As we took our oaths a year ago, we knew that things weren't right in America. We saw it in the lives of the millions of Americans out of work; in the families forced to leave their homes; in the elderly doubting the security of their retirements after lives of hard work. We saw it in small businesses laying off workers in the face of falling sales and rising health care costs. 12:14:20 "We knew that things weren't right when our middle class has been running just to stand still for nearly a decade. And we knew that something wasn't right in a political culture that thrived for too long on easy choices; on the philosophy of 'deficits don't matter'; on entitlements, wars, and tax cuts for the privileged, all paid for with borrowed cash to be paid back by our children. For six years, our Republican colleagues had an unprecedented chance to put their ideology into law. And they drove our economy into a ditch. 12:15:03 "That failure is a fact, and we have to learn from it if we want to do better. But placing blame is not the point, because America's recovery is our responsibility-the shared responsibility of both parties, and the test on which we should be judged. Democrats have accepted it; Republicans should, too. "We accepted responsibility when, weeks into President Obama's, term we passed the Recovery Act: a plan supported by economists across the spectrum, premised on the idea that when consumers and businesses are justifiably afraid to spend in a recession, government has to pick up the slack. The Recovery Act passed without a single Republican 12:16:09 vote, just as President Clinton's 1993 economic policy did-the same policy that helped lead to the best economy we have seen in 50 years. As they did in 1993, the minority essentially bet on the failure of our economy. As the Recovery Act was being debated, campaign chairman Pete Sessions told his party: Republicans 'need to get over the idea that they're participating in legislation.' "Despite a year of Republican efforts to paint the Recovery Act as unsuccessful, many conservative economists agree that it has grown our economy and saved and created jobs: John H. Malkin of the American Enterprise Institute recently concluded that the Recovery Act helped add 'about 4 percentage points to U.S. growth' during the second half of 2009. "According to the nonpartisan Congressional Budget Office, the Recovery Act is already responsible for as many as 2.4 million jobs. It has seen job losses decrease from more than 12:17:34 two million during the last three months of the Bush administration to 200,000 in the last quarter of last year. It ensured that teachers, firefighters, and police officers would stay on the job across America, educating our children, protecting our homes, and keeping our streets safe. It has cut taxes for 95% of working families, made loans to nearly 40,000 small businesses, and funded over 11,500 transportation construction projects. 12:18:38 And thanks largely to the Recovery Act, our economy grew by 2.2% in the last fiscal quarter, its fastest rate in two years; in the first quarter of 2009, by contrast, our economy shrank by 6.4%. Unfortunately, many of my Republican colleagues, either out of ignorance or with intent, ignore those improvements. "We've seen progress-but still not success. Democrats recognize that those results are not good enough, particularly if you're one of the millions of Americans left jobless by the recession. That's why creating jobs has been at the heart of our past year's work-which helped make the 111th Congress one of the most productive in American history, according to Congressional Quarterly. Democrats helped 12:19:43 students and businesses access credit for education and job creation, stopped credit card companies' exploitations of their customers, extended unemployment insurance, and helped families keep their homes. 12:20:02 "In 2010, our efforts will be even more focused and vigorous, with both job creation and long-term deficit reductions as our most important priorities. "That's why the House passed the Jobs for Main Street Act to invest in job-creating infrastructure projects, increase the availability of loans to small businesses, and increase emergency aid for families that continue to struggle with long-term joblessness, which is not only essential to those who are making a 12:20:40 good-faith effort to find work, but a direct spark to local economies. And the bill will help us build roads, lay tracks, upgrade water systems, and more-some of the best ways to create good-paying jobs. "It is crucial to get a jobs bill to the President's desk as soon as possible, and to continue to search out the most innovative ideas from economists, small businesses, and communities to create jobs and strengthen the middle class-including those initiatives just laid out by the White House's Middle Class Task Force. 12:21:14 "Creating jobs is priority number one. At the same time, however, we must deal effectively with our exploding debt. In the last administration, fiscal denial turned a massive surplus into record deficits; on today's right, fiscal denial decries the deficit while pleading for more debt-financed tax cuts. Meanwhile, the country is rightfully worried that Washington is spending too much money. Democrats get it, and we will do something about it. 12:21:57 "Our country faces hard choices that can no longer be put off-so we are working to pass strong pay-as-you-go legislation, because the pledge to pay for what we buy is a proven deficit-reducer. 12:22:09 For the same reason, President Obama has announced a freeze of non-security discretionary spending, which will require us to choose our top priorities for funding and work even harder to eliminate wasteful spending. 12:22:24 "But that will not be nearly enough. The single greatest contributor to our deficit is the growing cost of our entitlement programs, which is why I'm eager to work with a bipartisan commission to tackle our long-term budgetary challenges. Even if it is ultimately created by executive order, the leadership in Congress has pledged to bring up its recommendations for an up-or-down vote. If Republicans are as concerned about the deficit as they say, I hope they'll participate and contribute their ideas on how to achieve fiscal balance-instead of sitting the process out, as they are threatening. "Some may argue that creating jobs and reducing the deficit are contradictory goals. But in truth, unemployment and a slow economy are among the most powerful drivers of our deficit. We cannot get our budget under control until Americans are back at work, and our economy is consistently growing again. "As I have said, the economy was also the focus in 2009, from the Recovery Act to the long, open debate on health insurance reform. Health reform has not been a distraction from these hard economic times-in fact, times like these show how vitally it is needed. With the ability to bring assurance of coverage and lower costs to working American families, and to create some 4 million jobs over the next decade, reform is a powerful response to economic insecurity. Which of us hasn't heard of a business unable to create a needed job because of health care costs? "That's why Democrats are taking time to find the best way of making reform a reality. As I see it, we have four options. The first is to not pass a bill. The second is to try to pass a smaller bill that will make some very modest improvements for Americans-assuming that Republicans want to work with us. The third is for the House to pass the Senate's bill as-is. And the fourth is for the House to pass the Senate bill and both chambers to pass a fixes bill to bridge their differences on issues such as affordability and funding. All of these choices have pluses and minuses. Democratic leaders are taking time to talk to our Members about what they are hearing from their constituents, and to digest with some clarity the messages that voters in Massachusetts were sending. "So there are no easy choices. But the objective of accessible, affordable, quality health care remains. It remains because every presidential candidate in 2008, from both parties, identified a health care crisis that is squeezing the middle class, and a status quo that cannot be sustained. It remains because Social Security and Medicare and Medicaid were all attacked in their own time as the end of the American way of life-and are now a cherished part of our social compact. And it remains because in Massachusetts, the state that has already adopted a similar health care program, not even the Republican Senate candidate-who voted for the state plan-would speak against it. "This year, we will also work hard to enact legislation to build our energy independence and create clean-energy jobs. "And we will push for final passage of Wall Street reform to bring accountability back to our financial sector. That bill will protect Americans from some of the most abusive practices that led up to the economic crisis, keep taxpayers off the hook for future bailouts to 'to-big-to-fail' firms, and safeguard our entire economy from another collapse brought on by Wall Street's most reckless gamblers. "Energy legislation and regulatory reform are both powerful actions on behalf of the middle class. It goes without saying that, if the majority ruled in the Senate, America would be closer to energy independence, and the rules for Wall Street would be clearer, more definite, and tougher. But we know that the majority does not rule: in the last two Congresses, Republican minorities have broken all-time records for abuse of the filibuster, turning the Senate from George Washington's cooling saucer into the place where solutions to our nation's most pressing problems are put into a deep freeze. "Under the current rules, taking a posture of permanent obstruction is the Republicans' right. But this fall, we will challenge them to stand up, own their record, and offer something more than opposition. "But in 2010, Republicans, by their own admission, will offer a steady diet of negativity. As Politico reports, Republicans 'will attack Democrats relentlessly..Internally, Republicans call it the '80-20 strategy,' which, loosely interpreted, means spending 80 percent of the time whacking Democrats and the remainder talking up their own ideas.' "Unfortunately, in this political environment, constructive Republicans are a minority of a minority. In fact, my State of Maryland is mourning the death of one such leader-Senator Charles 'Mac' Mathias, who, while a loyal Republican, was committed to bipartisanship and constructive solutions. "Finally, as we tackle our challenges at home, we must continue our vigilance against threats from abroad. The failed attack on Christmas Day reminded us of the persistence of America's enemies, and President Obama was right to demand greater accountability and cooperation from our intelligence services as a result. In Afghanistan, President Obama set in motion a troop increase intended to prevent that nation from reverting to a terrorist haven. And in Iraq, December was the first month without American combat deaths since the war began, a hopeful sign as the United States prepares to withdraw combat forces this year. As we speak, American troops are risking their lives around the world, and our terrorist enemies are working hard to undermine our defenses; but the president's thoughtful decision-making process and efforts to rebuild relationships with our allies are signs of a wise foreign policy at work. "In closing, we know that this is a time of real anger in America. For those of us who weren't alive for the Great Depression, these are the hardest times we've ever seen. And the size of our hardship is the size of our test. For those of us called to govern, the test is this: will we profit from anger and seek power for its own sake? Or can we show the people who sent us here a hope worth fighting for-a country creating jobs once more; a prosperity that's truly and deeply shared; a Congress not afraid to look our fiscal future in the face and protect generations to come from irresponsible policies; a country that holds Wall Street interests to account, that no longer ties wealth to health; a country that's building again? "It's a test America has seen before. And history can give us this much comfort: America has never failed it."
CBI Annual conference in London: Gordon Brown speech
CBI Annual conference in London: Gordon Brown speech; Brown speech SOT - And we had a choice; to let the recession simply take its course - or to match monetary action with a fiscal stimulus. You supported us in initiating, through the new G20, co-ordinated fiscal action - in fact, 5 trillions of stimulus - across the world. Having already taken this unprecedented global action, there is another choice: the timing of withdrawal from that fiscal stimulus - and you agree with the G20, the European Union, the IMF, the OECD and every major economy and every respected economic body that we should be careful not to abandon the stimulus too rapidly. Choking off recovery by turning off the life support prematurely would be fatal to world growth. And it would be fatal to British jobs, British prosperity, and British growth and to our capacity to grow not just for now but for years. So that's why we will, like other countries, continue with our plans to support our economy until the private sector recovery is established, and we will ensure that nothing we do will jeopardise that recovery. And now as we focus on coming out of recession we recognise that - not just Britain, but across the whole world we are looking at new realities. - First, it's clear that international economic cooperation is not now a luxury but a necessity. Put it one way: 1.5 trillions of American consumer spending a year has been taken out of the world economy threatening growth for years to come. If we are to have balanced and sustainable growth that will keep unemployment low we will have to address together, and my chosen vehicle is the G20, a strategy for global growth: addressing global imbalances in trade, the inefficient use of reserves, the instability in oil prices and agree together the contribution to higher growth each continent can make. - Second, in countries like ours, public and private sector: business and government - can no longer engage in a sterile battle for territory with eac...
The President signs an Energy Independence Executive Order; this feed also includes motorcade to and from the EPA DC SLUG: 1440 WH ENERGY INDEPENDENCE EO FS33 73 AR: 16X9 NYRS: WASH-3 [*] PENCE: Thank you all. Good afternoon. This is a great day for energy independence and a growing American economy. I want to thank our administrator, Scott Pruitt, Secretary Ryan Zinke and Secretary Rick Perry for your remarks, for your enthusiasm, and for your leadership. Would you give them all another round of applause? We are so grateful. (APPLAUSE) And let me thank - let me say thank you to all the Senators and members of Congress who are with us today. And thanks to all the business leaders and hardworking Americans that are gathered here. And especially, I know on behalf of my boss, we are especially grateful to see all these great coal miners here at the EPA today. (APPLAUSE) Guys, it's great to be with you. They know what most of America knows but they know it better than most. President Trump digs coal. You know, just last weekend, I was in West Virginia and I'm grateful to see Senator Shelley Moore Capito here. She knows about the heartbreaking story in West Virginia in recent years. That state has lost more than a third of their good-paying coal mining jobs in just the last few years. Over 130 mines have been shut down since 2009. As today's actions demonstrate, under President Donald Trump, those days are over because the war on coal is over. (APPLAUSE) Everyone here - everyone here knows the truth; that affordable, abundant, and reliable energy powers the American economy. And President Trump is committed to an all-of-the-above energy policy to provide the American people and American businesses with the power they need to innovate and thrive. It's a fact. Lower energy costs mean more jobs, more growth, and more opportunity for our country. And today, with a stroke of his pen, President Trump will strike a powerful blow for low-cost energy, for consumers and businesses and for a brighter future for America. You know, it's the greatest privilege of my life to serve as vice president to a man who gets up every single day to keep his promise to the American people to make America great again. And today's one more example. So now, it is my high honor and distinct privilege to introduce to you my friend, the president of the United States of America, President Donald Trump. (APPLAUSE) 14:45:58 TRUMP: Thank you. Shelley. Thank you very much. I guess they like what we're about to sign. I knew they were going to like this one. Well, thank you very much. I very much appreciate it and thank you to our great vice president, Mike Pence. I'm thrilled that everybody could be here with us today. I want to give special thanks to administrator Scott Pruitt, Secretary Ryan Zinke, and Secretary Rick Perry for your remarks. I told Rick, I said "run it the way you ran Texas" because it's going to be a great operation and he did a great job. We're honored to have all three. And I'm really honored to have our vice president because Mike Pence has been outstanding. Hasn't he been outstanding? (APPLAUSE) 14:46:49 Together this group is going to do a truly great job for our country. We have a very, very impressive group here to celebrate the start of a new era in American energy and production and job creation. The action I'm taking today will eliminate federal overreach, restore economic freedom, and allow our companies and our workers to thrive, compete, and succeed on a level playing field for the first time in a long time, fellows. Been a long time. I'm not just talking about eight years, we're talking about a lot longer than eight years. You people know it maybe better than anybody. Thanks as well to the many distinguished members of Congress who have taken the time to be here. I want to thank all of our industry leaders who are with us and who share our determination to create jobs in America for Americans. And Shelley, thank you very much also. I spotted you in the audience. Thank you. That is what this is all about, bringing back our jobs, bringing back our dreams, and making America wealthy again. I also want to thank the dedicated public servants who are with us this afternoon. You're doing important work to protect our health and public resources, so important. 14:48:23 Finally, I want to acknowledge the truly amazing people behind me on this stage, our incredible coal miners. (APPLAUSE) We love our coal miners. Great people. Over the past two years, I've spent time with the miners all over America. They told me about the struggles they've endured. I actually in one case - I went to a group of miners in West Virginia. You remember, Shelley. And I said "how about this? Why don't we get together, we'll go to another place, and you'll get another job. You won't mine any more. Do you like that idea?" They said "no, we don't like that idea. We love to mine, that's what we want to do." I said "if that's what you want to do, that's what you're going to do." And I was very impressed. They love the job. That's what their job is, I fully understand that. I grew up in a real estate family and until this recent little excursion into the world of politics, I could never understand why anybody would not want to be in the world of real estate. Believe me, so I understand it and we're with you 100 percent and that's what you're going to do. OK? 14:49:52 (APPLAUSE) The miners told me about the attacks on their jobs and their livelihoods. They told me about the efforts to shut down their mines, their communities and their very way of life. I made them this promise, we will put our miners back to work. (APPLAUSE) We've already eliminated a devastating, anti-coal regulation but that was just the beginning. Today, I'm taking bold action to follow- through on that promise. My administration is putting an end to the war on coal, going to have clean coal, really clean coal. 14:50:35 With today's executive action, I am taking historic steps to life the restrictions on American energy, to reverse government intrusion and to cancel job-killing regulations. (APPLAUSE) And by the way, regulations not only at this industry, but in every industry. We're doing them by the thousands, every industry. And we're going to have safety, we're going to have clean water, we're going to have clean air, but so many are unnecessary and so many are job-killing. We're getting rid of the bad ones. One after another, we're keeping our promises and putting power back into the hands of the people. First, today's energy independence action calls for an immediate reevaluation of the so-called Clean Power Plan. Perhaps... (APPLAUSE) Perhaps no single regulation threatens our miners, energy workers and companies more than this crushing attack on American industry. Second, we are lifting the ban on federal leasing for coal production. Third, we are lifting job-killing restrictions on the production of oil, natural gas, clean coal and shale energy. 14:52:10 And finally, we are returning power to the states, where that power belongs. States and local communities know what is best for them, they understand it, they get it, they've been doing it for a long time. It was taken away from them and not handled well. And they are the ones that we should now and will now, empower to decide. My action today is the latest in the series of steps to create American jobs and to grow American wealth. We're ending the theft of American prosperity and rebuilding our beloved country. We approved the permit to finally build the Keystone XL Pipeline and clear the way to completion of the Dakota Access Pipeline, thousands and thousands of jobs. (APPLAUSE) 14:53:11 We've already created a half a million new jobs in the first two jobs reports of my administration and if you notice today, Ford, great company, announced massive new spending on three big plans in the state of Michigan, the state which I love very much, Do you remember what happened in Michigan? Remember, November 8th, oh, that was an exciting Michigan evening. And Ford just made that announcement, it's a great announcement, it's a very important announcement, it means jobs, jobs, jobs. We're going to continue to expand energy production and we will also create more jobs in infrastructure trucking and manufacturing. This will allow the EPA to focus on its primary mission of protecting our air and protecting our water. Together, we are going to start a new energy revolution, one that celebrates American production on American soil. We want to make our goods here, instead of shipping them in from other countries. All over the world, they ship in, ship in, take the Americans' money, take the money, go home, take our jobs, take our companies, no longer folks, no longer. We believe in those really magnificent words, made in the USA. (APPLAUSE) Right, fellas? (APPLAUSE) 14:54:45 We will unlock job producing natural gas, oil and shale energy. We will produce American coal to power American industry. We will transport American energy through American pipelines made with American steel, made with American steel, can you believe somebody would actually say that? (APPLAUSE) This came up a little bit coincidentally when I was signing the pipeline deals, I'm all signing, I've got them done. And I said folks, when do we get this deal? And they said, I think it's from foreign lands. And he said no good. Who makes it, who makes those beautiful pipes for the pipeline? Sir, they're made outside of this country and I said no more, no more. So we added a little clause, didn't take much, that you want to build pipelines in this country, you're going to buy your steel and you're going to have it fabricated here. Makes sense, right? Doesn't it make sense, Bob? Think so, he knows. (APPLAUSE) 14:55:56 Together, we will create millions of good American jobs. Also, so many energy jobs and really lead to unbelievable prosperity all throughout our country and Rick Perry's going to have a lot to do with that. I want to just thank everybody in this room, you're all very special people. In particular, I want to thank the miners, you know, my guys they'll get enough thanks. These people haven't had enough thanks, they've had a hard time for a long time. (APPLAUSE) They're tough-looking guys too, I'll tell you what, not going to mess around with this group, right? All right, thank you fellas. I made my promise and I keep my promise. 14:57:21 So I want to thank everybody in the room. God bless you and God bless America, thank you very much, thank you. (APPLAUSE) END
President Barack Obama calls for an end to 'bubble and bust economy' during G20 press conference 2 April 2009
President Barack Obama calls for an end to 'bubble and bust economy' during G20 press conference 2 April 2009 (Core Number: NNAL541R)
President George W. Bush / GW Bush Remarks to National Association of Manufacturers
President George W. Bush / GW Bush Remarks to National Association of Manufacturers RS20/X83 Slugged: 1345 WH REMARKS X83 POTUS 13:46:23 bush walk out 13:46:53 man announces bush, kept economy growing doesn't like long introductions 13:47:59 thank you all for doing what you do for the country 13:48:11 make products that enrich our life, that drive and sustain our lives, when healthy this country is healthy 13:48:36 how to make sure this nation ahs a healthy economy remains one of the most important parts of 13:48:55 my former buddy, thanks for hiring him dong a fine job I might add 13:49:32 economic growth powered by manufactured goods, eighth largest economy in the world pioneered the technology it's important that we remain the economic leader in the world 13:50:06 responsible for 3/5th of developments - to stay ahead of the competition 13:50:48 if you're working for a manufacturing job, you probably get paid more than your neighbor 13:51:08 represents, economy as it did 20 years ago 13:51:24 everyday you stay creative, and we continue to lead this nation, I'm here to thank you and your work, we've overcome a lot together 13:51:44 easy to forget short-term history , corporate scandal, September 11 which still drives my foreign policy, high energy prices, we face a lot 13:52:17 I see a problem 13:52:30 this economy is going to grow, American people spend money so the government doesn't have to spend the money 13:52:54 incentives for small businesses to invest 13:53:14 want to make capitol less expensive 13:53:52 taxation without respiration 13:54:01 house passed, senate working on it 13:54:24 our policies to enable you to work better 13:54:43 our economy grew at 3.5& that's more than any other industrialized nation 13:55:04 34 straight months American economy has grown 13:55:30 up more than 7% since January 2001 productivity growing 13:55:47 American workers more productive 13:56:21 double the cost of living 13:56:33 manufacturing activity is growing 13:56:52 this morning commerce appointment 13:57:00 economic policies that we pursue are working 13:57:14 fundamental question, what do we need to do to make sure the economy stays strong 13:57:39 we go to be wise about how we spend your money, appropriate money 13:58:03 AS LONG AS OUR MEN AND WOMAN they will get all they need to get the job done 13:58:26 homeland security 13:58:47 reduce non security spending, and my budget has cut this spending 13:59:14 reduce mandatory spending 13:59:30 cut deficit by 2009, mid session review 14:03:14 social security and Medicare until we change it 14:03:32 living longer and getting ready for the benefits that we have been promised 14:03:58 overhand unfunding liability 14:04:23 put social security and Medicare on the road to solvency 14:06:54 for too long we had system that just shuffled kids through the schools 14:07:13 9th grade teacher looking me in the eye because my kids can't read 14:07:30 in return for additional money from Washington dc we expect the schools to measure.whole purpose is to have an accountability system able to detect problems early 14:08:01 more to be done in match and science, apply the same rigor used in no child left behind 14:08:19 we need to measure and solve problems earlier for our children.I'm a big believer in advanced placement 14:08:42 never forget going into Dallas to see an AP class there 14:09:07 there were Latinos and African Americans. Bright young kids 14:09:19 need a teacher capable of teaching advanced placement.sometimes science isn't viewed as cool 14:09:38 need to be able to connect fact jobs of 21st century will depend on person's ability to be an engineer 14:09:57 vital for our country we take action now to make sure we remain a leader in the world 14:10:10 take care of the poor and the elderly 14:10:18 says to poor seniors you no longer have to choose between your medicine and your food 14:10:41 big believer in health savings accounts, hope as you analyze your health care plans to look at your money 14:11:02 in order to make sure customers have more choice in their health care you have to have transparency 14:11:20 if you're worried about rising health care costs it makes sense to have transparency in pricing and quality 14:11:39 strongly supporting health IT. Many of you productive because you've been able to employ info technology 14:12:00 sometimes the files get misplaced, and a lot of times there are medical errors 14:12:16 if you are truly interested, you need to join us in making sure we end these frivolous lawsuits running doctors out of business 14:12:49 strong economy is good for our people. 14:12:56 want the American people to benefit, want people's lifestyles to go up want people to realize their dreams 14:13:42 we must expand our nuclear power industry if we want to be competitive 14:14:43 when demand for hydrocarbons goes up, it affects your 14:15:15 spending money to make sure liquefied natural gas terminals 14:16:08 every bushel of corn grown in Midwest makes us less dependent on oil from overseas 14:16:22 drive the first 40 miles on a battery, and your car doesn't look like a golf cart 14:16:37 in order to make sure this country's competitive, we have to spend money 14:17:03 big believer in trade 14:17:09 what I'm for is trade that opens up people's markets, that's what I'm for. 14:17:31 we open up our markets, you'll open up yours 14:17:56 makes sense for people locked in impoverished market that we open up our nations 14:20:09 owe it to future generations of Americans to keep our entrepreneurial spirit strong
President Barack Obama speaks about discussions between European Union leaders and United States regarding economy at EU - US Summit Prague; 5 April 2009
President Barack Obama speaks about discussions between European Union leaders and United States regarding economy at EU - US Summit Prague; 5 April 2009 (Core Number: NNAN121L)
World Lehman - Look at impact of collapse on world economy, one year on
NAME: WORLD LEHMAN 20090914I TAPE: EF09/0871 IN_TIME: 11:20:39:15 DURATION: 00:02:53:05 SOURCES: AP TELEVISION DATELINE: Various - 14 Sep 2009/ Recent/ File RESTRICTIONS: SHOTLIST: London, UK - 10 September 2009 1. Former Lehman Brothers skyscraper under cloudy skies 2. Bicycles parked outside former Lehman Brothers building 3. People on plaza in front of former Lehman Brothers building FILE: London, UK - 15 September 2008 4. Newspapers announcing collapse of Lehman Brothers 5. Policewoman shields sacked Lehman worker from media 6. Sacked employee with box walks past media into train station London, UK - 10 September 2009 7. Caroline White walks across design studio 8. Various of White looking at different kinds of fabrics 9. Artwork on wall inspired by collapse of Lehman Brothers 10. White's employee pass for Lehman Brothers 11. SOUNDBITE (English) Caroline White, banker turned designer: "I think it's quite unique in that it's been born out of a quite catastrophic event. Its creation and its early drive has been behind a concoction of different emotions. I think I'm looking to use those to create some beautiful and unique pieces." FILE: New York, US - 15 September 2008 12. Exterior of Lehman Brothers building in New York FILE: New York, US - 15 September 2008 13. Lehman employees removing personal belongings in boxes Arlington, Virginia, US - 8 June 2009 14. Jobless pilot Trent Bliven filmed through window of Arlington Employment Centre 15. SOUNDBITE (English) Trent Bliven, jobless pilot: "We were doing flying, mainly operating planes for relief stuff. Then the company lost their contract from the government, so we couldn't fly any more. So we had to come back. " 16. Various of pilot talking with employment advisor 17. SOUNDBITE (English) Fernando Delgardo, employment advisor: "Personally I have had people crying, I've had people very concerned about losing their homes, having to move, being homeless." Tokyo, Japan - 14 September 2009 18. Unemployed people hand out leaflets demanding better treatment 19. Jobless demonstrators standing beside banners 20. SOUNDBITE (Japanese) Tomoaki Okada, sacked car worker: "I am trying to make the best of this difficult situation. But I can't help wondering if there's a way to help us a bit more. I spent a week on the streets and I was lucky it wasn't longer. Being homeless is so tough." Yokohama, Japan - 14 September 2009 21. Nissan factory sign 22. Exterior of Nissan factory STORYLINE The demise of Lehman Brothers a year ago sparked the near-collapse of the international financial system, and triggered the worst recession for decades. It also cost thousands of people their jobs - causing personal and professional traumas that continue to this day. The Lehman Brothers skyscraper is one of the defining features of London's financial hub, Canary Wharf. People still work in the building, either as accountants or lawyers drafted in to deal with the aftermath of Lehman's implosion, or as bankers for Nomura who bought Lehman's European assets. But it's a shadow of its former self, a monument to a once-mighty bank that fell into the abyss. A far cry from the tumultuous events of 15 September 2008 when the world woke up to news that Lehman was about to bite the dust. Bankers turned up for work and were immediately told to clear their desks and leave, running the gauntlet of the media as they carried out their belongings in cardboard boxes. One of the banker who left Lehman Brothers that day was Caroline White. She earned hundreds of thousands of pounds a year, trading derivatives and other financial products. Now she's traded her entire career - and begun a new life as a designer. From a tiny studio in East London, White designs handbags and other high-end accessories. The studio is crammed with mementoes of her Lehman days - from her staff pass to an artwork commissioned in the aftermath of the bank's collapse. White says her designs are directly inspired by the trauma of losing her job in banking. "It's been born out of a quite catastrophic event," she says. "Its creation has been behind a concoction of different emotions. I think I'm looking to use those to create some beautiful and unique pieces." Across the Atlantic, former Lehman employees in New York are marking the anniversary. But the impact of the bank's collapse goes far beyond the lives of sacked Lehman staff, and beyond the financial sector generally. The global recession triggered by the financial crisis has affected just about every aspect of American life. Trent Bliven is a pilot. Until the recession he worked for a US-funded charity in Africa, flying relief aid to some of the poorest countries on earth. Then the funding stopped as the US government sought to combat the recession by reminding itself that charity begins at home. A move that left Bliven grounded - and unemployed. "We were doing flying, mainly operating planes for relief stuff," Bliven recalls. "Then the company lost their contract from the government, so we couldn't fly any more. So we had to come back." Bliven was stunned by his misfortune, but for his employment advisor, Fernando Delgardo, such stories are nothing new. "Personally I have had people crying, I've had people very concerned about losing their homes, having to move, being homeless," he says. That experience is echoed in Japan, where the recession has struck hard, pushing unemployment up to 5.7 per cent in July, a post-war record. Tomoaki Okada worked for Nissan in Yokohama until he lost his job as demand for cars plummeted in the face of the global downturn. Then he was evicted from his company apartment and found himself on the streets for a week. Now he's campaigning for a better deal for people out of work in the world's second-biggest economy. "I can't help wondering if there's a way to help us a bit more" he reflects. "I spent a week on the streets and I was lucky it wasn't longer. Being homeless is so tough." Now Okada is hoping the stimulus packages agreed by world governments will lead to a global recovery. But like many people whose lives were traumatised by the Lehman collapse and by everything that resulted from it, his personal scars will take a long time to heal.
HOUSE FLOOR DEBATE The House meets at 10:30 a.m. for morning hour and 12:00 p.m. for legislative business. Unlimited ?one minutes? Suspensions (10 Bills): 1) H.R. 2711 - FBI Families of Fallen Heroes Act (Rep. Rogers (MI) / Oversight and Government Reform) 2) H.Res. 1172 - Recognizing the life and achievements of Will Keith Kellogg (Rep. Schauer / Oversight and Government Reform) 3) H.Res. 1189 - Commending Lance Mackey on winning a record 4th straight Iditarod Trail Sled Dog Race (Rep. Young (AK) / Oversight and Government Reform) 4) H.Res. 1316 - Celebrating Asian/Pacific American Heritage Month (Rep. Honda / Oversight and Government Reform) 5) H.Res. 1385 - Recognizing and honoring the courage and sacrifice of the members of the Armed Forces and veterans (Rep. Skelton / Armed Services) 6) H.Res. 1353 - Supporting the goals and ideals of Student Financial Aid Awareness Month (Rep. Bishop (NY) / Education and Labor) 7) H.Res. 1169 - Honoring the 125th anniversary of Rollins College (Rep. Grayson / Education and Labor) 8) H.Res. 1161 - Honoring the Centennial Celebration of Women at Marquette University (Rep. Moore (WI) / Education and Labor) 9) H.Res. 1372 - Honoring the University of Georgia Graduate School (Rep. Broun / Education and Labor) // 10) H.Res. 407 - Expressing support for designation of May as "National Asthma and Allergy Awareness Month" (Rep. Castor / Energy and Commerce) Postponed Suspensions Votes (5 Bills): 1) H.Res. 1258 - Expressing support for designation of May 2010 as Mental Health Month (Rep. Napolitano / Energy and Commerce) 2) H.Res. 1382 - Expressing sympathy to the families of those killed by North Korea in the sinking of the Republic of Korea Ship Cheonan, and solidarity with the Republic of Korea in the aftermath of this tragic incident (Del. Faleomavaega / Foreign Affairs) 3) H.Res. 584 - Recognizing the importance of manufactured and modular housing in the United States (Rep. Donnelly / Financial Services) 4) H.R. 3885 - Veterans Dog Training Therapy Act (Rep. Brown (SC) / Veterans' Affairs) 5) H.R. 5145 - Assuring Quality Care for Veterans Act (Rep. McNerney / Veterans' Affairs) 20:00:10economic woes and brought this country into a situation that found people in the ranks of the unemployed and brought the american economy to its knees, as i indicated, the worst since the great depression. 20:00:27what i think is important to note that when we talk about choices, when we talk about contrasts, it's looking at where the allegiances lie. with the republican party, it was siding with big banks, with 20:00:45wall street, with the bill oil companies, with credit card companies. certainly with the insurance industry. and making certain that those special interests were their priority. 20:00:58well, the turnaround here is an alignment with the american worker, rather than special interests, the democrats have aligned with the american worker. rather than big oil companies, big banks, the democrats have 20:01:15aligned with american families. and certainly when it comes to the interests, the special interests that were held precious by the republican leadership of the past, we hear, as democrats have aligned with 20:01:33small business, seeing that as the springboard to a recovery, seeing that as the backbone of our economy. . there is a change of heart. 20:01:46there's a policy enhancement that finds us moving in a new direction. what has that meant? i believe that one needs merely to look at the statistics out there. let's look at the facts. this chart here will show us in 20:02:06very stark contrast where we were headed with the economy over the last several years. the red lines, the bar graphs of red, will show us that severe 20:02:21drop, that constant loss in jobs, in payroll across this country. and then finally a change in direction with the blue bars, suggesting the turnaround, the 20:02:37investments through policy that enaged us to begin the climb -- enabled to us begin the climb upward. this formation of red and blue will show the sharp contrast, will show the choices, the priority shift, if you will, where we have now begun to climb 20:02:54forward, where we're now experiencing absolute job growth. since december of 2009, this nation has experienced some 573,000 jobs created, 84% of 20:03:12which are in the private sector category. that has been a goal, to enable us to grow the economy, to create and retain jobs and add to that private sector column. 20:03:26this goal is beginning to be achieved. now, one needs to recall that the changes here in our economy are not going to come nearly as quickly as we would like because the problem, the dilemma, the 20:03:42siding with special interests occurred over a number of years and so with the change of leadership, with the obama administration, with the leadership in the house and certainly in the united states senate we've been able to march forward in a way that allows us 20:03:58to speak with dignity, to award the american people. speak with compassion toward the american family. and speak with productivity and growth to order the small business community -- toward the 20:04:14small business community. how do we do that? there are a number of members -- measures that have been proposed and passed here in the house and in both houses and in some cases 20:04:25signed by the president, we're still in the midst of unfinished business but we're continuing to work on a number of items. what we have currently is in this last bit of recovery where 20:04:40we are seeing that over 1/2 million jobs added to the picture, it is in sharp contrast, again, contrast and change here, eight million jobs lost through the course of the bush recession. 20:04:57that rivals in fact, it surpasses the statistics, the job losses from the great depression. it is a change in thinking where we embrace science and technology, where we look toward the strengths of an innovation 20:05:14economy, one that can use the american intellectual, embrace the intellectual capacity of this nation to not only advance research and development and basic research, which translates 20:05:28into jobs, but to also create new products, new discoveries, innovation that leads to businesses that leads to production that leads to job security and job growth. often times again in the private 20:05:45sector. and so it was this stewardship of our economy, arriving on the scene, inheriting a gross bit of policy, that drove us deep into a recession, that found an in-- 20:06:02impact not only on american workers, on the budgets of american households, but on house sales, on all sorts of investments that need to be part of a robust economy. all of these were dulled, the 20:06:18competitiveness of business was dulled simply by this recession. and so, again, the contrasts and the change. the choices, as we approach an election this november for 20:06:31members of this house and what will be a report card on the progress made to date, the important to note that there is a change order of thinking. the choice should be one of tremendously stark contrast, one that will look at hope inspired 20:06:50simply by the opportunity to land a job. now, there are still millions of people out of work, we know that. we're not happy with the point at which we have arrived yet. that is not our final 20:07:02destination. but it certainly is a climb in the right direction and a climb out of what was a very low, low pit in the nation's economy. let's look at the contrast. again, there are those who would 20:07:19have chosen and did choose to align with wall street, with big banks, with credit card companies, with big oil, with the insurance industry, with special interests. they had their day and made our day extremely gloomy and dark. 20:07:38made our economy bleak. however, there are those who aligned with american households, with america's families, with the hard working middle class, with small 20:07:54business, with senior populations, most of whom are looking to enjoy those golden years and have been threatened by this crash that hurt us so badly. let's look at some of those 20:08:08opportunities that we've had here in the house. opportunities to work with the president, opportunities to work with the leadership in the house of representatives. we had an opportunity called the american recovery and reinvestment act. many would like to suggest that 20:08:27it should have been avoided. we should not have invested through what our economically difficult -- through what are economically difficult times. well, a cross section of economists from very 20:08:40conservative thinking to more liberal thinking economists, as a panel, advising the president, the white house, his administration, the president's administration, a panel advising both houses, both parties in each of the houses, asked to 20:09:01where and how to recover the economy? advanced the notion that investing in these difficult times was essential. investing in a way that found a growth of some 2.8 million jobs 20:09:14to date with the american recovery and reinvestment act. that includes individuals in the public sector, including our 20:09:25educators, teachers, the school systems and support personnel, it includes public safety, our police officers, our firefighters, essential to the quality of life of communities. 20:09:38educators essential to growing the work force of tomorrow. these were important measures and again equating to some 2.8 million jobs that again are part of that recovery. keeping americans working, 20:09:54keeping services provided. more than 1/3 of the package of the american recovery and reinvestment act came in the form of tax cuts for 98% of america's workers and her small 20:10:14business community. so advancements there of the largest historic tax cut in this nation's history. for that income strata it is a part of this package, that is easily documented and should be 20:10:28touted as a form of relief that again engaged this economy. it allowed for people to circulate the dollars and their regional economies and begin to see the climb out of this difficult and very deep and 20:10:43painful recession. it also allowed as an american recovery and reinvestment act for us to play catchup with investments that were long overdue. investments in the area of clean energy, where this nation looks 20:11:02to advance, needs to advance, the concepts of energy security, enhancement of energy independence and, yes, national security, for as we reach to experts and their opinions, many 20:11:19suggest that our glute news to dependency on fossil-based fuels not only endanger our environment but find us shipping hundreds of billions of dollars per year to unfriendly and 20:11:35unstable governments that will often times then reutilize as we put those dollars, those american consumer dollars, into these foreign treasuries of again unfriendly governments. they are utilizing these dollars 20:11:49against our troops in the mid east. don't take our word for it. take the word of those who are part of the tool of veterans for american power. they recently traveled to new 20:12:05york state, the only stop made by the tour of our veterans, who defend this nation's liberties and per principles. these veterans made a stop in new york state. it was our fortune to host them 20:12:22in new york, part of the 21st congressional district, where we were joined by vintages of veterans, including our world war ii vets, amongst the oldest in the clustering. the oldest in the clustering. and they listened intently to 20:12:40the message and the message was this, we witness daily, we witnessed daily on the battlefield what was happening. dollars were going -- invested into the treasuries and then 20:12:56spent to train the taliban that would then go to harm and threaten our american troops. and so they said that if we do not resolve this climate change, global warming issue, the battle they see out there is enhanced 20:13:16because with flooding and drought and therefore famine, we have a weaker people around the globe, with lesser and lesser 20:13:31available land. a perfect storm, if you will, that then creates the chances, enhances the situation of terrorist activities as they look for less available land 20:13:45with a weakened people, it enhances that concept. and so they said, we saw the -- we witnessed the destruction, the devastation to our troops funded by our sending dollars into the treasuries of these unfriendly nations. 20:14:03so that the american recovery and reinvestment act allowed us to -- allows us to break away from those concepts that thinking allows for a new mindset. it takes projects backburnered and brought then to the front burner and it allows us to invest as we have in a clean 20:14:23energy economy with the recovery act. enabling us to talk about smart grid, smart thermostat, smart metering, an investment in our distribution system, the artery and veins of how we wheel electrons to the workplace and 20:14:39to the home place. that is part of the recovery act, so as to invest in a way that grows jobs in research and grows jobs and trades over to ph.d.'s. it goes on and on with broadband opportunities for our 20:14:52communities that are economically distressed or rural in nature or remote in location. it allows for us to invest in education with technology in the classroom, to stretch opportunities for our nation's students, it allows us to invest in health care with technology 20:15:11introduced into record keeping imaging and making certain that mistakes and duplication, unnecessary duplication, are avoided. so that is one investment that 20:15:24we made here in the house, had a choice. the president placed it before the house, democrats said yes. republicans said no. and it repeatedly -- the contrast, the choices, the differences that need to be understood by the public out there are what we're talking 20:15:40about here this evening. i am joined by a fellow freshman who has an outstanding record in the state of california. he was a state leader there, knowledgeable, extremely knowledgeable on insurance issues and small business issues and a leader. . 20:15:58this evening we're joined by the gentleman from california, representative garamendi, who is with us this evening and i welcome you, representative, and share with us your thoughts of change and contrast. . 20:16:15Garamendi (D-CA):thank you very much on focusing on what is the most spore national security issues facing this nation, which is our energy situation. we are finding $1 billion of our money is being transferred 20:16:34offshore to people who in countries that aren't our friends at all. and so the american energy policy is crucial to national security. we need to break our addiction to oil and you are bringing out not only the necessity of 20:16:51breaking that dependence on oil and sending money to very dangerous places in the world, but you're talking about creating the jobs in the future. i represented california and i was a lieutenant governor there. 20:17:04and throughout the state of california, we are looking to the green economy as being the next great opportunity. we talk about silicon valley and certainly 30, 40 years ago, the move to computers and silicon chips and all of those things 20:17:22did create a huge industry. now, what's the next step? everyone in silicon valley says the next step is the green economy and vent ture capital -- venture capital community, the scientific community, 20:17:39researchers are moving to the green economy. and so we see in my own district the biggest wind farms in california are in my district. those are the industries of the 20:17:54future. and as we move toward those green economies we free ourselves from oil. it's a huge issue. and you correctly pointed out that the stimulus program, the american reinvestment and recovery act pushed us in that direction by providing research 20:18:11dollars, the biggest increase in research in the last 12 years has occurred as a result of that stimulus program. we have another piece of legislation that was on this floor last week and it was the competes act, which is the next step in giving us the 20:18:27opportunity in america and in california to compete internationally with science, research and the educational system that we need to have those engineers and scientists and technicians educated. 20:18:44unfortunately right here on this floor, last week, the republicans put forth a reconsideration amendment motion that gutted that legislation, took away half of the potential money and stopped it cold in its tracks. 20:19:01it was one of the worst situations i have seen when they, every other business group, the american chamber of commerce, all said we have to have that piece of legislation. yet the republican party, for pure political reasons, stalled that legislation, derailed it. 20:19:17we're working hard to put it 20:19:21back on, because this is the future of america. we cannot any longer be held hostage by those countries that control our oil supply in the middle east, in venezuela and even in the gulf of mexico. 20:19:36we now know how risky it is even in our own gulf to rely upon oil. we need these new sources of energy. the next step is going to occur this week when we vote on the american jobs and closing 20:19:54corporate tax loopholes legislation. that bill is going to be up on the floor of this house this week. and what it does is provide very significant amount of funding for small businesses, increasing 20:20:09the small business administration loan potential. it provides funding for the research, green technology. it provides tax credits and subsidies so we can advance the green industries that future jobs of this nation are going to 20:20:23be advanced. and i know it's going to happen. the republican party on that side of the room are going to do everything they can to stop this critical piece of legislation, 250,000 summer jobs for youth 20:20:37that are otherwise going to be on the street causing trouble. Tonko (D-NY):representative garamendi, you are citing another contract that is coming in the future. let's talk about the wall street 20:20:55reform. yet another contrast, another choice, that becomes very clear in terms of the behavior patterns here to the american public. the wall street reform legislation gave us a golden opportunity to fix what's broken on wall street, to deal with 20:21:11consumer protection when it comes to predatory lending, when it came to addressing executive bonuses and salaries and providing a watchdog. we are joined by another freshman in the house who is yet another powerful voice. 20:21:26it's just a great class to work with. as a fellow freshman, i'm enjoying this first term in congress. we see fresh thinking, soundness of advocacy. and joined by representative 20:21:42driehaus, who has been begging away at reform and speaks to the contrast, the change, the change in thinking that i think aligns up a very sharp choice as we move towards this fall's campaign activity. 20:21:58Driehaus (D-OH):i thank the gentleman's leadership on this issue. when we talk about the economy, obviously clean energy is a critical piece of this. wall street reform is critical to making sure we don't repeat the mistakes that were made. 20:22:14but oftentimes as i'm sitting in that chair and you're sitting in that chair, you hear republican after republican after republican come down to the floor and tell the american people that the sky is falling and this is the worst recession 20:22:32and people can't find jobs and the recovery act isn't working. perhaps i would share with our audience, not what you and i think, and not what the republicans have to say when they come down to the floor, but what other people are saying 20:22:46about the economy today, because there has been a lot of dispute as to the impact of the stimulus. the american recovery act, as we passed -- what was it now, just over a year ago. so let me tell you what's happened in that year. 20:23:03just one year later, the numbers speak for themselves. you ask consumer confidence rose in april reaching its highest level. g.d.p. grew for the third kuwait quarter, 3.2%. consumer spending, surpassing 20:23:21pre-recession levels. manufacturing activity levels, increased for the nine straight months. pending home sales, up for the fifth straight month. largely attributed to the tax 20:23:37credit for first-time home buyers that was included in the stimulus. factory orders increased by the largest amount in more than nine years. and car sales, up by 20%, according to the "wall street journal." 20:23:51according to "market watch," this is what they had to say. hiring has increased for the first four months, reversing nearly two straight years of job losses after the recession began in 2007. according to the "new york times," this is unambiguously a 20:24:10strong report for growth implications, a chief economist said. it adds that it is a clear 20:24:20pickup in employment. it is very clear there has been a bounce here and momentum has been up. according to cnnmoney.com, another sign of recovery is taking hold. according to the ap, clearly 20:24:35companies have found a newfound confidence in the future of the economic recovery on the part of their business prospects, saped president of economic advisers. this is an indication that businesses are feeling more 20:24:50comfortable about expanding their work forces. and according to bloomberg, general electric company are boosting sales, leading to income gains that may spur consumer spending and more hiring. there is no doubt that the 20:25:05economy is recovering. there is no doubt that the stimulus that we voted on, that we infused into the economy, not only shortened the length of the recession, but shortened the severity of the recession. but i think it's worthwhile to explore, because you brought up 20:25:24regulatory reform. the senate passed their version of the bill, a bill we passed last december. but it's important to take people back, take people back to where we were during the bush administration and what was happening. the former congresswoman from 20:25:40northern ohio, stephanie tubbs jones who passed away, representative tubbs jones repeatedly came to this floor and sought predatory legislation to be heard. 20:25:55it was denied her in 2001, 2002, 2003, 2004, 2005 and 2006. in the meantime, ohio was experiencing the worst foreclosure crisis that we have seen in generations. due in large part to the 20:26:13predatory lending activity that we were seeing on the part of brokers, on the part of out -of-town financial institutions. what was enabling this? we found out what was enabling this. 20:26:30the mortgage-backed securities on wall street and the default swaps. it was the col rised debt obligations. all of these fancy derivative products, none of which were being regulated. 20:26:45they were being rated by the rating agencies hired by the same financial institutions that put the products together. so investors were purchasing these products, yet they didn't know what the underliing risk was. 20:27:01so what happened? well, i'll tell you what happened. because there was lax regulation and the s.i.c. and the bush administration didn't look at these various derivatives, they were shifting the risk away from 20:27:18the local markets. so whereas in the past, you would have to go to the savings and loan and would have to show proof of employment and proof of income and then the banks would offer you alone and share the 20:27:35risk, the bank would then take that mortgage paper and hold onto it. it would be part of their long term investment portfolio. that didn't happen anymore. as soon as that mortgage was closed, it would be immediately 20:27:50sold under a secondary market. that would then be bundled into these mortgage-backed securities. so no longer was there any risk at the close of the deal. what does that incentivize? you had people closing as many 20:28:06deals as they possibly could whoever walked in the door at the highest rates they could possibly get. putting people that shouldn't have qualified for loans into bad loans destinned to fail. 20:28:22that's what was contained in those mortgage-backed securities. that's what those credit default swaps were backing up. and that's why it was the house of cards ready to collapse. where were the regulators? where was the republican 20:28:37leadership when so many times democrats came to the floor and said we needed to crack down on this behavior? when the mortgage bankers were supporting the republican leadership. they didn't want to see change. they were making handsome 20:28:53profits on wall street. but finally we have an opportunity, finally we have an opportunity after this crisis, knowing that it led to the greatest recession in our lifetime, finally we have the opportunity to do something about it. that's wall street reform. 20:29:08that's what we passed in the house. that's what we passioned in the senate. that's -- passed in the senate. that's what republicans are standing in the way of. 20:29:19Tonko (D-NY):you are so very right. the gentleman from ohio outlines the greed that was allowed to take over because there was no watchdog in the equation. and tonight in this special order hour, we are sharing with the american public the sharp 20:29:34contrast, the change in direction, the choices that exist out there in terms of do we pursue this course and climb out of this recession and continue along the path of progress or do we go back into the bush recession era and go to 20:29:50those choices where we cater to these special interests? when we talk about these bank outcomes with this investment financial community and all of the woes that accompanied it, we are talking about every day 20:30:07people who perhaps live pay check to pay check and go to work and are proud of the living that they earn. this is the sort of community that got impacted. homeowners who lost their homes, retirees who had relied upon 20:30:23these savings and the growth of these savings upon which to retire, totally evaporating from their surroundings. lookingal -- looking at small businesses, the community banks 20:30:41were impacted. these are in alignment from big banks to big oil, to insurance companies, to the credit card companies. and the gentleman from california is wanting to jump in here. the choice is very clear to me. . 20:30:59Garamendi (D-CA):there are two different views about what america needs to do. the republican view, as articulated by mr. driehaus, is one of hands off, let the big boys do whatever they're going to do, we saw the result of that, the deepest recession since the great depression 20:31:14occurred because of a lack of regulation and the notion that somehow the marketplace would take care of itself. well, it took care of the economy of the world with he need that regulatory system in place and we're going to see it in the next week to two weeks, 20:31:31whether the republicans are going to stand for reining in wall street or letting it rip once more. we know where we came from. we did pass a bill in december, i was fortunate enough to be here. the senate has now acted with 20:31:44just a couple of republican votes in support, now it's going to be backed. we'll see. in this week, however, we have another opportunity to see where we stand. where do the republicans stand? this is the american jobs and corporate -- and closing 20:32:02corporate tax loopholes and bringing jobs back home. i want to go to wal-mart someday and see made in america on the things i buy. i've seen enough made in china, i want to see made in america. and we can do that and this piece of legislation that we're 20:32:17going to be voting on this week, the american jobs and ending corporate tax loopholes, for those corporations that have sent the jobs offseas, right now, those corporations have a tax break when they send american jobs offshore. enough of that. 20:32:33we're going to bring that back and we're going to get some of our money back from wall street because we're going to raise the taxes on those wall street barrens that have ripped this country off to a fair thee well. one more fact before i turn it back to you, mr. tonko, is that 20:32:52in the last days of the bush administration, in the very last days of the bush administration, when it was obvious that the entire financial institution of this nation and the world was collapsing, bush came forward with what became known as the 20:33:05tarp program. troubled asset relief program. that turned over some $700 billion to the financial industry, about $400 billion of that went directly to wall street. what did they do with that money? i tell you one thing they did 20:33:21not do, with all that money they received they reduced the number of loans and the amount of loanses that they made to small businesses on main street. now, the business banks on main street, the community banks actually increased their loans even though they got less than 18% of the money. 20:33:3781% of the money went to the big banks, they reduced their lending to small businesses. 18% went to the small banks. they increased. so what we're doing in this bill is to shift the direction. we're shifting the support to the small banks and we're going 20:33:53to build up small businesses. well, i think -- Garamendi (D-CA):well, i think the contrast is clear. when it came to whether you -- Tonko (D-NY):well, i think the cron draft is clear. democrats in the house say yes, republicans say no. do you want to have consumer 20:34:10protection for the general public out there that invests? the democrats say yes. republicans say no. 20:34:17Garamendi (D-CA):that's in the bill. the consumer protection -- Tonko (D-NY):as the instruments were invented to circumvent regulation, the democrats are -- have said yes, we're concerned about that, we want to fix it, republicans say no. the vote was clear. no to wall street reform. 20:34:32you look at the g.d.p. growth, you look at the changes that have come since the first quarter of 2009. we were hitting a job loss that was incredibly difficult. nearly $750 -- 750,000 jobs lost per month. 20:34:52lately 187,000 jobs increase. we talked earlier about december, 2009, forward in the last four months. 84% growth of the private sector from those over 1/2 million jobs, 573,000 jobs created. 20:35:08so the g.d.p. is improving, the household income lost $17.5 trillion over the last 18 months of the bush presidency, now 60% recovered. some $6 trillion recovered. and it goes on and on and on. and even with the tax situation, 20:35:24i know that representative driehaus is concerned about the tax situation. the tax cut that was part of the recovery and reinvestment act was a part of it but there are tax cuts galore and the gentleman from ohio, i believe, wants to address that factor. Driehaus (D-OH):and the american 20:35:42recovery and reinvestment act. the largest single tax cut for middle income families in the united states. Garamendi (D-CA):ever. Driehaus (D-OH):and the pretty clear to me that the republican caucus wants to take us back to the failed policies of the bushed a strailings. the exact same failed policies that brought us to the worst 20:35:59recession week of seen since the great depression. and they do it using scare tactics. they go out to the american people and suggest that we're raising their taxes. i was struck, as many people were struck, by the headline in "u.s.a. today"ed on may 11, may 20:36:2011, tax bills in 2009 at lowest level since 1950. since 1950. now, you might ask, where does 20:36:31this come from? well, it comes from the bureau of economic analysis where they say federal, state and local taxes, including income, property, sales and other taxes, consumed 9.2% of all personal income in 2009. 20:36:49the lowest rate since 1950. the lowest overall tax rate since 1950. on average, though, the tax rate paid by all americans, rich and poor combined, has fallen 26% 20:37:09since the recession began in 2007. that means a $3,400 annual tax savings for a household paying the average national rate and earning the average national 20:37:21household income of $102,000. every once in a while the facts get in the way of the arguments being made by the republicans. because time and time again they will come down to the floor and talk about how the taxes are 20:37:39going up for middle income americans. but the proof is far different. you know, i know that through the stimulus package we lowered taxes and according to reports all across america, the 20:37:57economists agree with us that these are the lowest tax rates since 1950. so, i think when you talk about the stimulus and the republicans often say, we need to be putting money back in the hands of the american taxpayer, that's 20:38:12exactly what we did. that is exactly what we did in the stimulus and it's reflected in the tax rates. Tonko (D-NY):i think the results here are driven by a number of things. choices, contrasts. the choice here was to put american families, american 20:38:33workers, small business as a high priority. no more alignment with big oil, big banks, insurance companies, credit card companies, let's drive a benefit, let's drive the focus for america's hard working 20:38:50families across this country. 98% of americans were part of that tax cut that was part of the recovery and reinvestment act. 98% of americans and small 20:39:03businesses, a tremendously strong statistic, a contrast to the behavior before, the decade before, which found two wars off budget, let the credit card 20:39:17cover that, i guess, tax cuts for the highest income bracket off budget, a deal with the pharmaceutical company, medicare part d which suggests that medicaid paid for part of the 20:39:32program when we know seniors, often times retirees, dug into their pockets to pay for pharmaceutical costs. and so we come up with a health care reform measure to which republicans said no, contrast again, democrats say yes. 20:39:50we make certain pharmaceutical costs are covered, we make certain that deductibles and co-pays are taken out of the picture for our medicare-eligible population. there are huge contrasts here. 20:40:04siding with people who really make america's economy work. they invest their money on basic core needs, they work paycheck to paycheck and then invest in the community and so when we had an opportunity here to further 20:40:20grow opportunity for this country and for her people we said yes to student loan reform, said yes to community college investment. republicans said no. all of these activities, all of this legislation, all of these 20:40:37improvements, all of this sensitivity, all of this fairness is equating to a resurgence in the economy. because what is it? the large broad middle class that needs to be fairly treated 20:40:52in public policy terms and budgeting are now being able to have more dollars available. the g.d.p. tells the story. the household income situation, the graph that we had here last week, talked about trillions of 20:41:07dollars, $17.5 trillion worth of household income lost in the last 18 months of the bush presidency. that bush recession drained american households and now since the beginning of 2009 30% 20:41:23of that has been recovered. some $6 trillion has been recovered. we're not stopping there. we're going to continue to go. the choice here is based on the contrast, very clear. do we continue along the path of 20:41:38progress or do we, as the president said a few days ago, give back the keys to the people who drove the car into the ditch and was a painful measure to pull the car out of the ditch? Driehaus (D-OH):it's important to 20:41:52note that we didn't just stabilize the economy, we didn't just keep it from continuing to go into the ditch. we didn't just stop the recession. we also laid the foundation for future growth. and i think our colleague from california was mentioning this earlier. 20:42:08and i think this is really important for all of us to understand. when we talk about the future economy, it's an economy of knowledge and it's an economy where there's investment in new energy technologies, where there's investment in energy efficiency, where there's 20:42:24investment in health care i.t. there are such huge opportunities for all of us in these areas. i know in ohio the governor was just down in cincinnati the other day talking about all of the energy companies wanting to come to ohio and take advantage 20:42:43of the investments being made in new energy technology. much of that coming from the stimulus as well as funding coming from the state of ohio. i know when i went out in cincinnati to a foundry where they used to work with steel and they built steel rolls, they now 20:43:00changed their technology, realizing that that same steel, that same fabrication, those same talents and skills can be used to make the gears for wind mills. they see into the future, they 20:43:14get it. and we are laying the foundation for the future growth of this economy. Garamendi (D-CA):mr. driehaus, you just touched on something that is really a serious issue. and i want to just drive home, because you said something that i want to take back to california. 20:43:30as i said earlier, we have some of the biggest wind farms in the nation. texas has done some that are a little bit bigger but we have -- i was out touring there with a couple of the companies that are building those things, i said, this is interesting, where is it made? 20:43:46turns out that the tower -- the steel tower was made in korea. yet just across the river 20 miles away is a korean company's steel mill that could have been made in california but instead they shipped it in from korea. the big blades and gears in the wind turbines all have been made 20:44:02overseas. and i told the company, enough. you'll have no more support from me for one more wind turbine in this area until you start buyinging america. they said, well, they don't make it america. 20:44:16mr. driehaus, you and i need to get together and i need to know where those gears are because i'm going to go back to california and tell them, i know where you can get a gear. that may be 1/100 of this machine but by god you're going to make it in america and build it in america because one more thing, our tax dollars are 20:44:33subsidizing that industry. and if our tax dollars are going to be used to subsidize any industry, they are going to be made in america. and we're going to help out ohio by making that happen. i've had enough of these jobs being shipped offshore by corporations that get a tax 20:44:50break, get a subsidy from the american taxpayer so they can send our jobs overseas. enough and this week we're going to see the kind of division that you talked about, mr. tonko, because the republicans are going to be held accountable. 20:45:05are they going to stand with the corporations that have been shipping jobs overseas and continuing that tax loophole or are they going to stand with the american public and bring the jobs back to america and close those loopholes? . 20:45:29Garamendi (D-CA):it reminds me that the change in direction, i think it was "fortune" magazine said the economy is taking a sharp 20:45:40u-turn applauding what has taken place to date. we see the optimism. we see the confidence growing. so that can't help but grow the economy and get a fresher field, 20:45:56because people were weighted down by this recession which was especially painful and long. what it does also is tap into the pioneer spirit that is always in the d.n.a. of this country. 20:46:10it is part of our fabric as a people and society. we see it time and time again. throughout the course of history. this nation has stories with the sense of courage, determination and optimism. i represent a district in 20:46:27upstate new york that is the host to the erie canal that gave birth to a westward movement, an industrial receive nution that grew the united states and -- revolution that grew the united 20:46:43states and impacted the world. mill towns, they became the center of innovation and invention and intellect of the worker and the pride of producing along that assem bly-line process to enhance the 20:47:01quality of people not just in these united states but around the world. that same magic can be prompted today. and it is the turnaround in policies, fairness, the focus on american job production, 20:47:17american energy independence, innovation. i know that the history of the birth place of electricity was the place that converted a factory that was plusing loco motives and women were changing 20:47:35their agenda and see the rosie the rifter. the transformer came because the intellect and can-do attitude. 20:47:51we have tapped into this resource in a way that is very powerful and not just turning around the economy, but showing respect and enhancing the dignity of the american worker and bringing us together as a people so we can grow this economy. 20:48:05to me, that is the validity here. and tonight, this discussion of contrast, of change, of choices couldn't be more clear. we cannot afford to fall back into those republican recessionary policies. 20:48:21we cannot afford to fall back to the huge deficits inherited by this administration passed on by the bush administration after it inherited a surplus. so the choice, the contrast, the change that should be endorsed becomes very clear to me. 20:48:40Driehaus (D-OH):we have tremendous opportunity and i think we are close to wrapping this up. but i would agree wholeheartedly, this is about innovation and about giving american businesses the tools to 20:48:53move forward. they were in desperate straits in january of 2009 when you took that oath of office, when i took that oath of office, when president obama took the oath of office. we were in the middle of the worst recession in our life 20:49:09times caused by greed and corruption on wall street. 20:49:16we have an opportunity to address that greed and corruption. the republicans have the opportunity to turn things around, to join us in whold holding wall street accountable. 20:49:30more importantly, they have the opportunity to embrace the policies that are making a difference. we know the economy is turning around. we spent the last hour citing the various sources who support that notion. 20:49:44we know the g.d.p. is growing. we know people are going back to work and we are investing in their intellect and their skills and investing in new technology. that's what is so critically important. 20:50:00if we are to see continued growth over time, we have to be making those necessary investments and we are making those investments. but at the same time, we have to have to have the courage to stand up to the oil companies, who would have us dependent on 20:50:19foreign oil for years to come. we have to have the courage to stand up to the wall street investment bankers, who want to control all of the decisions when it comes to the economy, but don't have the best interests of small businesses in 20:50:34mind. we have to have the courage to stand up to do the right thing and make the right investments in our economy. that's what we're doing. that's what this aagenda ave -- agenda has done as we move 20:50:49forward. Driehaus (D-OH):thank you, representative driehaus. and representative garamendi. and i'm sure you have final statements. Garamendi (D-CA):you have been foveringt right in pointing -- forte right in pointing out the 20:51:05differences between the republicans and the democrats. jobs, we talked about it. all house republicans voted no. the business assistance act, 93% of the republicans note voted 20:51:21no. health insurance reform, all house republicans voted know. student aid, republicans voted no. cash for clunkers, 55% of the republicans voted no. the hire act, 97% of republicans 20:51:38voted no. we passed many of those and many of those are law. wall street reform passed this house. every republican voted no. american workers, 93% of republicans voted no. 20:51:53small business infrastructure jobs act, 98% voted no. every effort that has been made to advance the economy has been done by the democratic party and it's working as you so carefully pointed out. 20:52:08thank you for bringing this to our attention and giving us the opportunity to point out the extraordinary contrast. our efforts to move the economy, to take action to do what must be done to move the economy forward, we have done it. the republicans have consistently have voted no or 20:52:24tried to block it. thank you so much for leading us in this discussion, representative tonko. Driehaus (D-OH):i would thank my colleagues for joining me. the change is working. the contrast is stark. the choice is clear. 20:52:40and so i appreciate my colleagues sharing some very strong thoughts about what's happening here to the good. it has been a climb out of the toughest times america has known, but we need to continue to pursue and the direction i believe that has been 20:52:56strengthening our economy and therefore the american families, the american worker and american small business community. mr. speaker, i yield back on behalf of my colleagues. THE SPEAKER PRO TEMPORE:under the speaker's announced policy of january 6, 2009, the chair 20:53:14recognizes the gentleman from iowa, mr. king. King, S. (R-IA):i appreciate the honor to be recognized and address you here on the floor of the house and appreciate the opportunity 20:53:29to listen to the speakers and do a bit of rebuttal even though i have been more attentive in previous presentations. looking at the decline in the economy that she show in their bar graph, it could be that when 20:53:44president bush was no longer president, things got better a lot faster. as i watched that, the graph doesn't go back quite so far enough to really your honor what happened during the eight years of the bush administration. but i remember what they said. 20:54:00remember what they said when they stood here on this floor night after night, hour after hour, year after year, the 30-something group and others that would stand here and tell america through this microphone 20:54:18and projected through the c-span cameras if they were in the majority they would fix america. if you give them the gavel they would solve the problems of america. 20:54:28and they made that case over and over again. and lo and be hold, what happened? i don't think it was intentional. it was circumstance by circumstance, district by district, that the majority changed from relationship cans 20:54:45to democrats and the problem that you have when you find yourself in the majority, you're responsible for governing. and even though they claim the mantell of responsibility, in all those years, leading up to 2006 election when the majority 20:55:02in this house shifted, they claim the mantle of responsibility, but when it was passed to them by the voters in november of 2006 and when speaker pelosi was passed the gavel here on january 3, 2007, 20:55:20mr. speaker and you can correct me if i'm wrong on that date, then they achieved the goal that they called for for all that time. and i watched what happened. the election returns came dem in november of 2006, it was 20:55:36apparent that they won the majority in 2006 and it was going to be nancy pelosi and the incoming chairman of the ways and means committee would be 20:55:51charlie rangel. and he did the national talk show circuit from november, december, january and february, all the way across every network and they asked him over and over again tell us about the bush tax cuts, which ones do you want to 20:56:09keep, which ones do you want to let expire? the questions came out over and over again. and mr. speaker, i don't want to allege that charlie rangel never gave a straight answer, i just don't remember one. but i do know by february of 2007, the smart money had 20:56:27analyzed the answers and the voids in those answers of charlie rangel and concluded there wasn't a single bush tax cut he would like to keep. and here we are today in this year, may, 2010 and it's obvious 20:56:46that the bush tax cuts will expire. and in november and december of 2006 and january and february of 2007 were ack rate and we saw in the beginning -- accurate and we 20:56:59saw in the beginning of 2007 a dramatic drop, because smart money understood that the cost of capital was going to go up because taxes were going to go up and that burden was going to come down on those who invested 20:57:15on their future profits and those who created jobs. jobs get created by the private sector unless you punish the private sector and drop it into the public sector. so we saw this happen in 2006 and 2007. 20:57:31lo and be hold, the dog that had chased the car for 12 years finally caught it. and what happened? what happened was industrial investment dropped off. the economy began to decline and they pushed the economy down 20:57:48because they were punishing business all those years beginning in 2007 with the pelosi -- speakership of the house of representatives, 2007, 2008 and 2009 and now in 2010. and furthermore, the argument 20:58:06was, we couldn't do enough because we had a president bush who would veto the anti-capitalist ideas. the people who were opposed to free enterprise were in charge of the house of representatives but occasionally the president of the united states, president 20:58:23bush would veto a bad idea and come back here to the house and uphold the veto. so we were restrained. during that period of time, speaker pelosi pushed, promoted and supported 44 votes in the house of representatives that 20:58:41were designed to underfund or undermine our troops, 44 votes. i'm not pulling that out of my head or hat. i have the data. i have the spreadsheet and linked to all of those issues that were pushed. 20:58:58the effort was to attack president bush and undermine the support for president bush by challenging his position as commander in chief. and in doing so, it undermined our military in a time of war 20:59:14when their lives are on the line. and i asked the question, when someone in this house of representatives, let alone the speaker of the house of representatives speaks against a military operation, when they argue that we ought to suck up our bats and go home from iraq 20:59:30and afghanistan, when they make that argument, what happens to an al qaeda terrorist in iraq and afghanistan and has the satellite dish on top. i have flown over those mud huts 20:59:44and i don't remember the exact number, but it was over 50% of those huts had a satellite dish on top of them. and these terrorists are making bombs, i.e.d.'s and planning to set these bombs up to detonate 21:00:00them against americans. and when americans are victims of this, we need to ask this question, what happens in the mind of that al qaeda terrorist that's sitting in that mud hult making that bomb, watching al-jazeera tv and sees the
Shoeshines At Philadelphia 30th Street Station
CLEAN: Interior shots shoeshines working at Philadelphia 30th Street Station with business men sitting in chairs having their shoes shined. on May 01, 2009 in Philadelphia, Pennsylvania.