Monday, October 23, 2006

Small Business Owners and Community Bankers (VIDEO)

President Bush Meets with Small Business Owners and Community Bankers, Urban Trust Bank, Washington, D.C. 2:01 P.M. EDT. FULL STREAMING VIDEO In Focus: Jobs & Economy

President George W. Bush is welcomed by Bob Johnson, founder and chairman of the RLJ Companies, to the Urban Trust Bank for a discussion on the economy with small business owners and community bankers, Monday, Oct. 23, 2006 in Washington, D.C. White House photo by Eric DraperPresident George W. Bush is welcomed by Bob Johnson, founder and chairman of the RLJ Companies, to the Urban Trust Bank for a discussion on the economy with small business owners
and community bankers, Monday, Oct. 23, 2006 in Washington, D.C. White House photo by Eric Draper.

THE PRESIDENT: I want to thank Bob Johnson and Dwight Bush for hosting this meeting here at the Urban Trust Bank. I also want to thank Tim and Tony and Kathy for joining us. These are local entrepreneurs who are living the American Dream, which is, they've started their own businesses; they're growing their own businesses; they are hoping to expand and hire more people.

One of the great things about America is that somebody can start with nothing and end up with something when it comes to business. People can have a dream, and they can work hard to achieve that dream. And the role of government, it seems to me, is to make sure that the dreamers are rewarded for their hard work and their ingenuity and success. And the best way to do that is to reduce taxes on people. The more money a entrepreneur has in his or her pocket, the more likely it is he or she will be able to expand that business, which will create jobs.

Government has got to be careful about the regulations it passes. We've got to be careful about the number of lawsuits that threaten these young companies. Government can do well at helping to team up with private corporations to enhance capital flows. But the strength of this economy depends upon the strength of the small business sector.

We've added a lot of jobs since August of 2003, 6.6 million new jobs. And that's a result of small businesses growing and expanding. I was just talking to Tim. He's got 30 employees. That's up from zero five years ago. It's really enlightening and encouraging for me to talk to these hard-working people.

One of the interesting things about our economy that's also important is that as the economy has grown, the real wages for American workers has increased. Last year it increased by 2.2 percent. That's the largest increase in recent years. And that's important, because not only does it mean the small businesses are doing well, it means our working families are doing well.

And so I want to thank you, Bob, for letting me come by. Congratulations on the example you've set.

MR. JOHNSON: My pleasure, sir.

THE PRESIDENT: Appreciate you very much.

MR. JOHNSON: Thank you, Mr. President.

THE PRESIDENT: Thank you.

END 2:04 P.M. EDT, For Immediate Release, Office of the Press Secretary, October 23, 2006

Eid ul-Fitr Oct. 23, 2006 (VIDEO)

View of Olivet through arches of Moslem [i.e., Muslim] Supreme Council. REPRODUCTION NUMBER: LC-DIG-matpc-04175, Library of Congress Prints and Photographs Division. Eid ul-Fitr, FULL STREAMING VIDEO, Under Secretary Hughes, Oct. 23, 2006. Under Secretary for Public Diplomacy and Public Affairs provides remarks during
Eid ul-Fitr at Waterford Hall in Fairfax, Virginia on October 23, 2006.

Presidential Message: Eid al-Fitr

I send greetings to Muslims in the United States and around the world celebrating Eid al-Fitr.

Islam is a great faith that has transcended racial and ethnic divisions and brought hope and comfort to many people. Throughout Ramadan, Muslims have fasted to focus their minds on faith and to direct their hearts to charity. Eid al-Fitr marks the completion of this holy month with the Festival of Breaking the Fast. During this joyous celebration, Muslims thank God for his guidance and blessings by gathering with family and friends, sharing traditional foods, and showing compassion to those in need.

America is strengthened by the countless contributions of our Muslim citizens, and we value our ties with Muslim nations throughout the world. For people of all faiths, Eid al-Fitr is an opportunity to reflect on the values we share and the friendships that bind all who trace their faith back to God's call to Abraham.

Laura and I send our best wishes for a joyous Eid and for health, happiness, and prosperity in the year ahead. Eid Mubarak.

GEORGE W. BUSH

# # # For Immediate Release, Office of the Press Secretary, October 23, 2006