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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It's important that people feel safe and move back into the area. It's important that business create jobs in that particular area. The levee system is vital to that process.
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I think everyone in this room understands that the dual banking system is at a crossroads,
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In short, what we seem to be seeing is a state banking system that is increasing in relative numbers and decreasing in relative size, ... Going forward, there is every indication the relative decline in the assets of state banks will continue.
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I don't think we can design a system that can compete with Mother Nature. What we're saying is that we are going to do whatever is necessary to make sure we have stronger and better levee systems than we've ever had.
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The federal government is committed to building the best levee system known in the world. It's a complicated issue.
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The levee system will be better and stronger than it ever has been in the history of New Orleans.
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The levee system will be better and safer than it's ever been before.
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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,
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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.