Talk Radio News Service, Victoria Jones, interviews Ann Coulter at the 2009 Conservative Political Action Conference in Washington, D.C. Coulter talks about President Obama’s new Iraq war strategy saying that President Obama “seems to be following Bush policy on terrorism.” Coulter also talks about how the government has to do something with the banks and that forcing banks to give loans not based on normal business practices is what’s putting the economy in a financial crisis. (04:45)

 

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Talk Radio News Service, Victoria Jones, interviews Ann Coulter at the 2009 CPAC Conference in Washington, D.C. Coulter talks about how she thinks Obama is “following the Bush plan on terrorism” and how the Democrats have contributed to the economic crisis.

By Suzia van Swol, University of New Mexico-Talk Radio News Service
At a weekly press session, John Boehner (R-OH) says that there has been too much Republican spending over the last few years but, “if you begin to look at what has happened over the last month, and what’s being proposed in the budget, the President is beginning to make President Bush look like a piker.”

Following the president’s statement in the Rose Garden, White House spokeswoman Dana Perino and Director of the National Economic Council briefed the press on the government’s increasing role in attempting to restore investor confidence to the struggling financial markets.

Hennessey outlined the steps that have been taken and those that the government would like to happen, “So we’ve got the conservatorship for Fannie and Freddie. Treasury and Fed worked over the last weekend, they were up in New York working with firms in the industry,” he said. “We had the Fed taking steps just a couple days ago to prevent what they would call the disorderly liquidation of AIG, the insurance company. And then the Fed has been increasing significant amounts of liquidity into the financial system to keep things moving.”

Hennessey reiterated statements made by President Bush about urging the Congress to pass legislation that would allow the federal government to buy illiquid assets from struggling financial institutions to further increase liquidity.

“The most obvious example of an illiquid asset is a mortgage asset, a mortgage-backed security that’s probably lost value as the values of the homes that are underlying those mortgages have declined,” he said. “And what’s happening is, as those assets have lost value, people don’t want to buy them, they become illiquid, it’s hard for people to buy and sell them, and so they’re stuck on the balance sheets of financial institutions.”

Hennessey said that the White House would be in negotiation with congressional leaders over the weekend. Congress and the administration will need to hammer out the details of this authorizing legislation. Hennessey said that they would have to make “significant, substantive progress on the details” over the weekend.

“This is a very bold set of actions, we are calling on Congress to do something that is very big and that we believe needs to be done quickly,” he said.

Speaking to reporters in the Rose Garden President George W. Bush, joined by the Chairmen of the Federal Reserve Board and the Securities and Exchange Commission Ben Bernanke and Chris Cox and the Secretary of Treasury Henry Paulson, speaks about government action in financial markets. Bush explains the current economic crisis and steps that the U.S. government is taking or plans to take to restore balance, liquidity, and investor confidence to the market. (9:04)

 

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Chief Pentagon Correspondent Meredith MacKenzie will cover a statement by President Bush at the White House. The Washington Bureau will also cover Education Secretary Margaret Spellings’ remarks to the Global Summit, an address by Colombian President Alvaro Uribe on “Colombia, a Success Story,” and the National Endowment for Democracy’s presentation on “Promoting Democracy in the Arab World: New Ideas for U.S. Policy.”

President George W. Bush speaks at a dedication ceremony for the Pentagon September 11 Memorial. He speaks about the U.S. armed forces and says that because of them, there has not been a terrorist attack on American soil in the last 2,557 days. (0:19)

 

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Seven years after the airborne attacks on the Pentagon and the World Trade Center in New York, President Bush, accompanied by former Secretary of Defense Donald Rumsfeld and the current Secretary of Defense Robert Gates dedicated memorial to the memory of Pentagon employees and passengers aboard American Airlines Flight 77 which crashed into the building on Sept. 11, 2001.

“We claim this hallowed ground for peace and for healing. We claim it in the affirmation of our strongest belief as a people that every life is precious,” said Gates. The memorial is a series of 184 silver metal benches spread out over a flat park of gravel. Beneath each bench a pool of water reflects the luster of the metal bench that stretches over it. For the ceremony each bench was draped in a blue flag, giving the appearance of a covered casket.

Quoting the poet Robert Frost, Rumsfeld spoke of Sept. 11 as a day that the United States “became acquainted with the night.” Rumsfeld was lauded by the other speakers for his quick actions at the Pentagon on Sept. 11. Speaking of those who died that day he said, “Make no mistake, it was because they were Americans that they were killed in this place.”

Rumsfeld also spoke the the resolve of the American people and of the U.S. military, “We have been acquainted with the night, we have taken it’s measure and in the darkest of times we stood together. In defiance our nation has pressed on toward morning…Our nation will force the dawn.”

Admiral Mike Mullen the Chairman of the Joint Chiefs of Staff also spoke to the families of those who died in the Pentagon, “We honor the heart wrenching sacrifice, the quite courage of those who called these souls dad, mom, son, daughter, husband, wife, brother, sister, friend.”

Bush spoke about the wars that have followed the attacks on the Pentagon. “Since Sept. 11 our troops have taken the fight to the terrorists abroad so we do not have to face them here at home,” he said. Shortly after the attacks the U.S. began military operations in Afghanistan to unseat the Taliban government which was harboring the al-Qaida terrorist group that planned and executed the attacks. Thanking the men and women of the U.S. armed forces, Bush noted, “There has not been another attack on our soil in 2,557 days.”

With the newly dedicated memorial and the Pentagon behind him, Sec. Gates spoke of the new meaning of the Department of Defense’s main building. “From this time forward the Pentagon will be more than a symbol of government, more than the seat of military power, it will also be a place of remembrance.”

Fill prisons with corporate criminals instead of non-violent drug offenders, said presidential candidate Ralph Nader at a press briefing at the Nader Gonzalez campaign headquarters. Nader called for a reversal of the War on Drugs, which unfairly targets minorities and the poor. (more…)

As a test of his presidential legacy, President Bush needs to address the human rights violation in China on his visit to the Beijing Olympic Games, said T. Kumar, Advocacy Director for Asia and Pacific for Amnesty International of the United States, especially because, on its own accord, the Chinese government promised to improve its human rights treatment. (more…)