Donald Powell
Donald Powell
Donald Powell Distinguished Service Orderwas an officer in the British Indian Army during World War I and World War II...
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The president is committed to rebuilding the Gulf Coast.
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The administration will come out with a certain level and then it will be up to Congress to decide on the level. The president is committed to rebuilding the Gulf Coast.
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Attracting private sector businesses to invest in the Gulf Coast is critical to rebuilding the region and the economy.
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It became very apparent to me after visiting with the administration, visiting with the president, that there would be no rebuilding of New Orleans unless people felt safe. That is the number one issue.
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Rebuilding should not become an exercise in centralized planning. If federal bureaucrats determine the path of rebuilding, local insight and initiative will be overrun and local needs overlooked.
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I've talked to people in all walks of life, from elected officials ... to the guy who repaired my shoes.
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Credit losses are very low now, but mortgage lenders need to be prepared for higher losses,
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This new position allows me to continue to serve my country and help the many people who have had their lives turned completely upside down,
work
That work is being done as we speak.
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Like the rest of the economy, banks are feeling the effects of the recession, as well as the aftershocks of the terrorist attacks on America in September,
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The American public knows that the banking sector has had record profits for the last four years. It's an opportunity to be generous.
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Today the president is requesting another $1.5 billion.
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I am aware that there is a great deal of public interest in the Wal-Mart Bank application; however, I believe it is important that the application be processed in a manner that is consistent with current law,
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Sean has been a guy who has reached out to me. He seems to have a sense of urgency about this.