Donald Powell
Donald Powell
Donald Powell Distinguished Service Orderwas an officer in the British Indian Army during World War I and World War II...
apparent became felt number orleans people rebuilding unless visiting
It became very apparent to me after visiting with the administration, visiting with the president, that there would be no rebuilding of New Orleans unless people felt safe. That is the number one issue.
along brings certainty flood greater issues maps news orleans uncertain viable
The most important news here is that the viable flood maps are being issued today. I think it's important because it brings certainty to some uncertain issues along the greater New Orleans area.
louisiana orleans
I think New Orleans and Louisiana need to be safe,
convinced hits katrina manageable orleans results saw today type
I'm convinced that what we're doing here today ? if there is another Katrina that hits New Orleans that we would not see the catastrophic results that we saw during Katrina. There will be some flooding, but it will be manageable type flooding.
banking dual room system
I think everyone in this room understands that the dual banking system is at a crossroads,
determine exercise federal initiative insight local needs path rebuilding
Rebuilding should not become an exercise in centralized planning. If federal bureaucrats determine the path of rebuilding, local insight and initiative will be overrun and local needs overlooked.
banking four knows last opportunity profits public record sector
The American public knows that the banking sector has had record profits for the last four years. It's an opportunity to be generous.
work
That work is being done as we speak.
business coming consumers disaster financial help houses hurricane natural order owners people turning wake weeks
There are many things consumers and business owners can do now and in the coming weeks to help put their financial houses back in order in the wake of the Hurricane Katrina, ... The FDIC is doing what we can to try to keep this natural disaster from turning into a financial disaster for all the people harmed by Katrina.
enable people
This will enable people to get on with their lives.
president today
Today the president is requesting another $1.5 billion.
believe funds housing meet needs permanent return roof safe state
We believe that these funds will meet the permanent housing needs of the state so that its residents can return and get back on their feet, not only with a roof over their heads, but with a safe one as well.
aware bank believe consistent current deal great interest manner processed public
I am aware that there is a great deal of public interest in the Wal-Mart Bank application; however, I believe it is important that the application be processed in a manner that is consistent with current law,
fewer hope
We just don't know. I would hope it would take fewer years.