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September 19, 2008
September 19, 2008The effects of a weakening national economy made themselves felt in Pennsylvania with a nonfarm job count(1) loss of 5,900 jobs and a four-tenths of a percentage point increase in the state's unemployment rate(2) to 5.8 percent in August, Governor Edward G. Rendell said today as he commented on the state's employment situation. Full release
Former President Bill Clinton will make his fourth appearance as a guest on "The Daily Show with Jon Stewart to discuss the Clinton Global Initiative on Tuesday, September 23 at 11:00 p.m. (ET/PT). President Clinton previously appeared as a guest on the show on September 20, 2007, September 18, 2006 and August 9, 2004. Full release
Speaker Nancy Pelosi issued the following statement today following comments this morning by Treasury Secretary Henry Paulson and President Bush on the financial crisis. Last night, the Speaker hosted a productive meeting of Congressional leaders and Secretary Paulson, Federal Reserve Chairman Ben Bernanke, and Securities and Exchange Commission Chairman Chris Cox, who asked Congress for the authority to take extraordinary measures intended to bring stability to the financial markets and avoid further market disruptions. Full release
The United States Holocaust Memorial Museum joins in the worldwide condemnation of the upcoming address of Iranian President Mahmoud Ahmadinejad before the 63rd session of the United Nations General Assembly. Full release
Today, Obama Is Meeting With Economic Advisers Who Supported The Deregulation He's Railed Against: Obama Is Meeting With A Team Of Economic Advisers, Including Warren Buffett, Former Federal Reserve Chairman Paul Volcker, Former Treasury Secretaries Robert Rubin, Lawrence Summers And Paul O'Neill And Former Chair Of The Council Of Economic Advisers, Laura Tyson. "Barack Obama turned to a team of advisers that shaped America's economy in happier days to fashion fresh ideas for calming the stomach-churning financial crisis that has thundered from Wall Street to Main Street." Full release
The following open letter from the head of the Knights of Columbus, Carl Anderson, to Senator Joseph Biden was published in major newspapers on Friday, September 19, 2008, including USA Today, the Washington Times and the Philadelphia Inquirer. Full release
The following is an excerpt of an editorial from The Washington Post, and is being released today by the Republican National Committee: TO LISTEN to Sen. Barack Obama, Sen. John McCain is a Johnny-come-lately to the cause of regulating financial markets. "He has consistently opposed the sorts of common-sense regulations that might have lessened the current crisis," Mr. Obama said in New Mexico yesterday. "When I was warning about the danger ahead on Wall Street months ago because of the lack of oversight, Senator McCain was telling the Wall Street Journal -- and I quote - 'I'm always for less regulation.'" Full release
Speaker Nancy Pelosi and bipartisan House and Senate leaders met with Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke tonight. Below are the Speaker's brief remarks at a press availability following their meeting. Full release