Sen. Murkowski eNewsletter 09/26/2008
Murkowski Comments on Financial Stabilization Efforts
With confidence in our financial system shaken, the ability for people to get credit for larger purchases such as student loans, small business expansion or buying a car may be significantly constrained. This inability to get credit puts an almost unbearable strain on the economy. Uncertainty and the understandable fear of how we will resolve this issue is undermining confidence in our markets and choking off the credit needed to jumpstart our economy.
Congress recognizes the substantial need to instill confidence in the market place and to do so quickly. But quick action cannot preclude thoughtful legislative consideration. Congress has a fiduciary responsibility to the American taxpayer – we must rebuild the credibility of our financial institutions through strong oversight and accountability.
As Congress considers the Treasury’s proposal, I am particularly focused on provisions that would include additional congressional oversight, potential changes to bankruptcy laws as they apply to mortgages and very importantly, requiring program participants to curb executive compensation packages. I wholeheartedly believe that failure should not be rewarded, particularly with taxpayer dollars. At the end, I believe the greatest protection we can provide the American taxpayer is stabilization of our financial systems.
Tax Relief for Exxon Valdez Victims and Secure Rural Schools Funding
Anchorage Rated Great Community for Young People
This award is in recognition of the work done by Anchorage’s Promise to uphold the Five Promises for Anchorage’s children (Caring Adults, Safe Places, A Healthy Start, Effective Education and Opportunities to Help Others). Earlier this week, I was pleased to be able to greet Debbie Bogart, the Executive Director of Anchorage’s Promise, her daughter Makenzi, Dick Wells, the Volunteer Chairman of Anchorage’s Promise, and his son, Richard, the Vice President of America’s Promise Alliance.
Congress clears expansion of Americans With Disabilities Act
August travel in Alaska
The Alaska Sudan Medical Project
For the last 19 years Jill has given medical help to the Nuer people in the southern Sudan. They are mainly semi-nomadic cattle herders and are plagued with disease and famine. With financial help and logistical support from Crosscurrents International Institute and from her friends from Alaska and around the world, Jill set up shop in Old Fangak three years ago where she provides the only medical help for a population of thousands. Jill splits her time between Sudan and Bethel where for six months out of the year she can be found providing health care to the Yukon-Kuskokwim Delta Yup'ik residents.
A Visit to Providence Cancer Center
I visited the Providence Cancer Center and Susan Butcher Family Center. Alaskans are blessed to have this state-of-the art facility available to them in times of great need. Families can benefit from the services available at the Susan Butcher Family Center. The center offers children, teens and families support for coping and healing from a cancer diagnosis. The center is named in honor of legendary musher and great Alaskan, Susan Butcher.
Kenai River Jr. Classic
My favorite part of the Kenai River Jr. Classic is hearing all the wonderful fish stories! Over 150 young people from the Boys and Girls Clubs, Big Brothers Big Sisters, Young Marines, and children of deployed service members came together in August for a once-in-a-lifetime opportunity to fish with a guide on the Kenai River. It’s one of my favorite events and I look forward to it every year!
Ketchikan General Hospital
I toured Ketchikan General Hospital and was photographed with members of the environmental staff, who are the unsung heroes of KGH. (L to R) Prima Kintana, Zeny Machado, Marissa Zabala, Aida Cabillo and Rose Rangel. A U.S. Department of Health and Human Services survey recently rated KGH the top performer in the state in the patient satisfaction catetory, and the hospital was in the top 10 percent in that same category among 2,500 hospitals nationwide.
Arctic Conference of Parliamentarians
I hosted the eighth Conference of Arctic Parliamentarians at the University of Alaska Fairbanks in early August, bringing together elected representatives from the eight Arctic nations as well as members of the European Parliament, indigenous peoples’s and international organizations. Topics of discussion included human health in the Arctic, adaptation to climate change and development of rural energy resources. While the Arctic is coming to the forefront more and more with increasing news coverage of climate change, it’s not something that most Americans know much about. I consider it one of my duties as your representative in the United States Senate to educate other Senators and the public about the Arctic and to push our government for a comprehensive Arctic policy.
Morris Thompson Blessing and Dedication
I was honored to address those gathered for the Dedication and Blessing of the Morris Thompson Cultural and Visitors Center in Fairbanks. With the beautiful blue skies above, it felt like Morris was looking down on us and smiling.
Military Appreciation Day
I visited with the staff of Ft. Wainwright’s Army Community Service at the Military Appreciation Day and was impressed with the many quality services available to assist our soldiers and their families.