bush radio address 05/27/06 full audio, text transcript

Technorati Tags: President Bush and White House or Memorial Day and West Point or Civil War battlefield and democratic government or freedom and Gettysburg or 10th Mountain division

bush radio address 05/27/06 full audio, text transcript. PODCAST President's Radio Address

Subscribe to Our Odeo Podcast Channel and receive the Presidential Radio Address each week. Featuring real audio and full text transcript.

THE PRESIDENT: Good morning. This Memorial Day weekend, Americans pay tribute to those who have given their lives in service to our Nation. America is free because generations of young Americans have been willing to sacrifice to defend the country they love, so their fellow citizens could live in liberty.

This weekend, I am visiting some of the brave men and women who will soon take their own place in the defense of our freedom -- the 2006 graduating class at West Point. This was the first class to arrive at West Point after the attacks of September the 11th, 2001. Each of them came to West Point in a time of war, knowing all the risks and dangers that come with wearing our Nation's uniform. And the reality of that war has surrounded them since their first moments at the Academy. Thirty-four times since they arrived at West Point, they have observed a moment of silence to honor a former cadet fallen in the war on terror.

One of those former cadets was First Lieutenant Rob Seidel, a 2004 West Point graduate who gave his life in Iraq earlier this month. Rob grew up in Maryland, and as a child he and his family made frequent visits to the Civil War battlefield at Gettysburg, and from his earliest days he dreamed of serving in the U.S. Army. He deployed to Iraq with the 10th Mountain division and was killed by a bomb in Baghdad. His father says this about Rob: "He loved his family, and believed in God, and he loved his country, and he was willing to pay the ultimate sacrifice on behalf of his country."

We live in freedom because of young Americans like Lieutenant Rob Seidel. And in recent days in Iraq, we've seen what their sacrifices have made possible. A week ago, the new Prime Minister of Iraq announced the formation of a national unity government. British Prime Minister Tony Blair recently visited Baghdad to meet with Prime Minister Maliki and Iraq's new leaders, and this week he came to the United States to give me his impressions. Prime Minister Blair told me that Iraq's new leaders are determined to rid their country of terrorism, unite Iraqis as one people, and deliver peace and prosperity for all their citizens.

The formation of a democratic government in Iraq marks a victory for the cause of freedom in the Middle East. It is a victory for millions of Iraqis who defied the terrorists and cast their ballots in three elections last year. It is a victory for the Iraqi Security Forces, who fought and bled for this moment, and now have a democracy worthy of their sacrifice. And it is a victory for the American, British, and other coalition forces who removed a murderous dictator who threatened the world. Because of their courage and sacrifices, Iraq has a free government that will be a strong and capable ally in the global war on terror.

The new government in Iraq is also a defeat for the terrorists, who fought the arrival of a free and democratic Iraq with all the hateful power they could muster. Now, a day that they feared has arrived. The terrorists can kill the innocent, but they cannot stop the advance of freedom. We can expect the terrorists to continue bombing and killing, but something fundamental has changed: The terrorists are now fighting a free and constitutional government. They are at war with the people of Iraq. The Iraqi people and their new leaders are determined to defeat this enemy, and so is the United States of America.

This Memorial Day weekend, we remember First Lieutenant Seidel and the brave Americans of every generation who have given their lives for freedom, liberated the oppressed, and left the world a safer and better place. And the best way to honor America's fallen heroes is to carry on their fight, defend our freedom, and complete the mission for which they gave their lives.

Thank you for listening.

END, For Immediate Release, Office of the Press Secretary, May 27, 2006

Related: Keywords radio address, podcast, Saturday, May 20, 2006 bush radio address 05/20/06 full audio, text transcript, Saturday, May 13, 2006 bush radio address 05/13/06 full audio, text transcript, Saturday, May 06, 2006 bush radio address 05/06/06 full audio, text transcript, Saturday, April 29, 2006 bush radio address 04/29/06 full audio, text transcript, Saturday, April 22, 2006 bush radio address 04/22/06 full audio, text transcript, Saturday, April 15, 2006 bush radio address 04/15/06 full audio, text transcript, Saturday, April 08, 2006 bush radio address 04/08/06 full audio, text transcript, Saturday, April 01, 2006 bush radio address 04/01/06 full audio, text transcript, Saturday, March 25, 2006 bush radio address 03/25/06 full audio, text transcript, Saturday, March 18, 2006 bush radio address 03/18/06 full audio, text transcript, Saturday, March 11, 2006 bush radio address 03/11/06 full audio, text transcript, Saturday, March 04, 2006 bush radio address 03/04/06 full audio, text transcript, Saturday, February 25, 2006 bush radio address 02/25/06 full audio, text transcript,

President Nominates Henry Paulson for Treasury (VIDEO)

UPDATE: July 10, 2006, Swearing-In Ceremony Henry Paulson (VIDEO) - THE PRESIDENT: Thank you all. Please be seated. Thanks for coming. Good morning. Thank you for being here. I'm pleased to be here at the Department of the Treasury to stand in one of its most historic rooms. A hundred years ago, the vaults of the Cash Room were stacked from floor to ceiling with bank notes and coins and bullion -- right here in this room.

Technorati Tags: President Bush or White House or Nominations and Henry Paulson or Secretary of the Treasury and Goldman Sachs Group or John Snow and economy or intellectual property rights and Economic and Business Affairs or economic policies

President Bush Nominates Henry Paulson as Treasury Secretary, FULL STREAMING VIDEO, C-SPAN, (C) 2006 National Cable Satellite Corporation, The Rose Garden, 9:14 A.M. EDT.

President George W. Bush shakes the hand of Henry Paulson after nominating him Tuesday, May 30, 2006, as Treasury Secretary to replace Secretary John Snow, right, who announced his resignation.

White House photo by Shealah Craighead.

THE PRESIDENT: Good morning. Welcome to the White House. I'm pleased to announce that I will nominate Henry Paulson to be the Secretary of the Treasury.

The past eight years, Hank has served as Chairman and Chief Executive Officer of the Goldman Sachs Group. It's one of the most respected firms on Wall Street. He has a lifetime of business experience; he has an intimate knowledge of financial markets and an ability to explain economic issues in clear terms. He's earned a reputation for candor and integrity. And when he is confirmed by the Senate, he'll be a superb addition to my Cabinet.

The Secretary of the Treasury has one of the most important jobs in the federal government. The Treasury Secretary is responsible for recommending and implementing policies dealing with taxes, financial markets, federal spending, trade and other issues affecting the health and competitiveness of the American economy. The Treasury Secretary oversees the minting of U.S. currency, the management of public finances, and the enforcement of important laws, including our efforts to crack down on terrorist financing. The Treasury Secretary is the leading force on my economic team and the chief spokesman for my economic policies.

For the past three years, Secretary John Snow has shown strong leadership in carrying out these responsibilities. John answered the call to public service in a time of uncertainty for our economy, and under his leadership, we have seen a broad and vigorous economic resurgence. He's been a steady advocate for small business entrepreneurs and working families, and he's helped deliver jobs and opportunity for the American people. I appreciate his years of service to our country. I wish you, John, and your family, all the very best.

When he's confirmed by the Senate, Hank will build on John's fine work. He takes this new post at a hopeful time for American businesses and workers. In the first quarter of 2006, the U.S. economy grew at an annual rate of 5.3 percent, the fastest growth in two-and-a-half years. We added 5.2 million new jobs since August of 2003. The national unemployment rate is down to 4.7 percent. Productivity is high, and that's leading to higher wages and a higher standard of living for the American people. Hourly compensation grew at an annual rate of 5.7 percent in the first quarter this year.

The American economy is powerful, productive and prosperous, and I look forward to working with Hank Paulison to keep it that way. As Treasury Secretary, Hank will be my principal advisor on the broad range of domestic and international economic issues that affect the well-being of all Americans. Hank shares my philosophy that the economy prospers when we trust the American people to save, spend and invest their money as they see fit.

The tax relief we delivered has helped set off the economic expansion that we're seeing today. And one of Hank's most important responsibilities will be to build on this success by working with Congress to maintain a pro-growth, low-tax environment.

Hank also understands that the government should spend the taxpayers' money wisely or not at all. He will work closely with Congress to help restrain the spending appetite of the federal government and keep us on track to meet our goal of cutting the deficit in half by 2009.

Hank will also be an important representative of the United States on the international scene. As an investment banker, he understands the importance of opening new markets for American exports. He will insist on fair treatment for American businesses, workers and farmers. He will help ensure that our trading partners play by the rules, respect intellectual property rights, and maintain flexible, market-based exchange rates for their currencies.

To all these tasks, Hank brings a record of achievement and excellence. He grew up on a farm in Illinois. He went to college at Dartmouth. He starred on the field as an all-Ivy football player and in the classroom as a Phi Beta Kappa student. He earned an MBA from Harvard. He served in the Pentagon and here at the White House. He started at Goldman Sachs in 1974, and rose to its top office after 24 years of distinguished work at the firm. He has a lifelong passion for nature, and he's served as chairman of the Nature Conservancy, where he has promoted conservation both at home and abroad.

As one of America's most prominent business executives, Hank has been a strong and consistent voice for corporate accountability. When the corporate scandals broke, Hank showed his leadership and character by calling for reforms that would strengthen the way America's public companies are governed and improve their accounting practices. And as Treasury Secretary, Hank will bring those high standards to one of the most important posts in Washington.

I want to thank Hank for his willingness to leave one of the most rewarding jobs on Wall Street to serve the American people. Hank will follow in the footsteps of Alexander Hamilton and other distinguished Treasury Secretaries who used their talents and wisdom to strengthen our financial markets and expand the reach of the American Dream.

Hank is going to make an outstanding Secretary of the Treasury. And I call on the United States Senate to promptly confirm him.

Mr. Secretary.

SECRETARY SNOW: Thank you, Mr. President. And thank you very much for those gracious words. I appreciate that. That means a lot.

Let me say first, it's been a great honor, a terrific honor to serve as the 73rd Secretary of the Treasury, and I will always be grateful to you for the opportunity you gave me. But as you know, I've looked forward for some time to returning to private life, and I do so with a great sense of satisfaction in what has been accomplished over the last three-and-a-half years. The facts are in: Your economic policies have put the American economy on a strong, upward path. And I've been pleased to have had a part in working with you to advance those policies.

The American economy today is growing and expanding at a rate well above the rest of the industrialized world. Businesses are investing, productivity growth is strong, and millions of new jobs have been created with rising wages. The foundation for continued prosperity is well in place.

Mr. President, at a critical time in our country's economic history -- and you alluded to it -- you recognized the need for tax relief to lower the marginal rates on work, risk-taking, savings, and investment. Those policies lie at the heart of the recovery we're now enjoying, a recovery which has also seen a dramatic increase in federal revenues. That surge in government receipts, along with the strict control on spending that you've advocated, are putting us on a path to not only meet your deficit reduction target, but to do so ahead of schedule.

The real deficit, as you have said often, is the unfunded obligations that loom ahead. Because of your leadership we're on a much stronger footing today to address those challenges.

Thanks also to your leadership, the Treasury Department today is in the forefront of the war on terror, using the authorities at our disposal to identify and disrupt terrorists and their funding activities and following the financial trail they leave. Terrorists are motivated by hatred, but they carry on their evil activities with money. By going after the money, and using the authorities that you have made possible at Treasury, we're playing a key role in the war on terror.

Let me say it's been a great honor, indeed, to work with the extraordinary and able, dedicated people of the U.S. Department of the Treasury. They reflect the very best traditions of public service, and I will forever be grateful to them for their support.

Mr. President, in Hank Paulson, you've made a superb choice to lead the Treasury Department. He's an old friend, somebody I've admired and respected and worked with over the years. He's a proven executive with wide-ranging business and financial experience, combined with a keen sense of public service. Hank will be a great addition to your administration.

In closing, thank you again, Mr. President, for your support. As I prepare to take my leave, I wish you all the best in the years to come as you lead this great country. As always, you will have my full support.

THE PRESIDENT: Thank you, Mr. Secretary. Thank you very much.

MR. PAULSON: Mr. President, thank you for the honor to serve you and our country. During my 32-year career in finance, I have developed a keen appreciation for the role that capital markets play in driving economic growth and efficiency, putting capital behind people and ideas. I have witnessed and participated in the globalization of finance as major economies around the world have become increasingly interdependent. Of course, the whole world is dependent upon the U.S. economy as a major engine of its growth. And our economy's strength is rooted in the entrepreneurial spirit and the competitive zeal of the American people, and in our free and open market. It is truly a marvel, but we cannot take it for granted. We must take steps to maintain our competitive edge in the world.

Mr. President, if confirmed, I look forward to working with you, your administration, and the Congress to help keep the American economy strong and competitive.

Let me also say, I'm also very, very grateful to my family for their understanding and for their support. Thank you.

END 9:25 A.M. EDT, For Immediate Release, Office of the Press Secretary, May 30, 2006

RELATED: Keywords announced his intention to nominate, Friday, May 12, 2006 President to nominate six and appoint two, Thursday, April 20, 2006 President to nominate four and appoint three, Thursday, Thursday, April 20, 2006 President to nominate four and appoint four, April 20, 2006 President to name four, Thursday, April 20, 2006 President to nominate Daniel L. Cooper, Thursday, April 20, 2006 President to nominate four, appoint sixteen and designate one, Friday, April 07, 2006 President to nominate one appoint five and designate one, Friday, April 07, 2006 President to nominate three and designate one, Friday, April 07, 2006 President to nominate three and appoint two, Friday, April 07, 2006 President to nominate one, Friday, April 07, 2006 President to nominate seven, appoint eight and designate one, Monday, March 06, 2006 President has nominated four and designated one, Monday, March 06, 2006 President names three individuals to serve in his Administration, Monday, March 06, 2006 4 Nominations Sent to the Senate, Friday, March 03, 2006 4 Nominations Sent to the Senate,