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Houston Forum, 3/16/89 [2]
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016168SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
3/13/89
3/14/89 10:00 AM
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: THE FORUM CLUB OF HOUSTON
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
CICCONI
PINKERTON
BOSKIN
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
Suggest a little more direct language on
RESPONSE:
budget - So that no one is the slightest
hit unclear that he is advocating budget Smis
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(McGroarty/Simon)
March 13, 1989
12:00 noon
PRESIDENTIAL REMARKS: 40 THE FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
Thank you
They say that Texas is a state of mind, but
it's still good to set both feet down on Texas earth, to come
home to Houston.
INSERT ON BAKER & MOSBACHER.
I take great pride in what is happening here. After
difficult times, Houston has turned the corner. I've checked the
statistics, and they're impressive: 250 new companies each
month, 95,000 new jobs in the area in the past two years, and
your unemployment rate is less than half what it was just three
years ago. And best of all, the new Houston is being built upon
a broad economic base.
And I am especially pleased to be back at the Forum Club,
which has contributed so much to public debate on the important
issues of the day. ( (By the way, I came to Houston to share the
good news with you because they've already heard it to Lubbock.) )
I've come home to Texas to tell you we're hard at work in
Washington -- and we're making progress.
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
2
The key is a realistic and workable budget, like the one I
sent to Congress seven weeks ago -- the one that even the
Congressional Budget Office now says will meet the Gramm-Rudman
target.
We're working to clean up insolvent savings and loans -- and
to clean up the S&L system, so that the questionable practices
and outright illegalities that caused the current crisis won't
happen again.
We're working now on a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
And we're waging the war on drug-abuse on every front: more
effective education and awareness efforts to dry up demand for
illegal drugs, and tougher law enforcement and interdiction to
cut off suppliers, and put the dealers behind bars -- where they
belong.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more that
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
The true test of leadership is knowing where we want to take
the country -- and taking the steps today to get us there.
That's working for the long term, for a payoff we won't see
today or tomorrow -- but ten and twenty years from now.
3
For people my age -- and for people a good deal younger --
the 21st Century has been the place we put all the fantastic
ideas, all the discoveries and inventions we couldn't dream of
experiencing in our own time. "The 21st Century" was just
another name for a future that seemed as distant as a voyage to
the moon.
Here in Houston, you have a better sense of how we can cover
that distance, and transform a distant future into our destiny.
The truth is, the 21st Century isn't far away at all. I
graduated in the Class of '42. Our first graders today will be
the class of 2000.
The 21st Century is here. The question is what we are doing
today to prepare ourselves for the new world that begins eleven
short years from now.
That's what my agenda is all about.
Building a better America means taking the the necessary
steps today to build the foundations for the kind of future we
want.
Preparing for our future means investment -- in our economy
and in our schools. It means safeguarding the environment
against short-sighted actions that do long-term damage. It means
finding ways to preserve and strengthen indispensable
institutions like the family in the midst of social change. It
means taking a long-range look at the international landscape, to
determine what policies and approaches will keep us free,
prosperous and at peace in the 21st Century, as we are today.
4
These aren't minor matters or unimportant issues.
These are concerns that will determine what kind of world we
live in -- and whether we as a people live up to our American
ideals.
And they're at the center of my agenda for a new American
Century.
To prepare for the future, we've got to invest in our
economy: We've got to create incentives to new investment, and
aggressive R&D programs that are catalysts to technological
I've proposeded Congress
advance. We've got to cut the capital gains tax, to spur the
entrepreneurial activity that means new products, new industries
and new jobs. Free enterprise is the engine of growth that can
lead us into the next century. It's up to government to maintain
a climate that is hospitable to growth, competitiveness and
productive investment, one that gives free enterprise free rein.
To prepare for the future, we've got to protect our
I've proposed to Congress.-
environment. Whether we're talking about the disposal of nuclear
or other hazardous wastes, or the discharge of CFCs into our
atmosphere, the United States -- on our own and in concert with
other nations -- must make a clean environment a priority. And
what I've done so far shows this isn't just talk -- I'm taking
action.
To prepare for the future, we've must got to focus on education.
We've got to recognize and reward excellence in education -- in
our schools, our teachers, our students. My merit proposals --
for teachers, schools, and our nation's best young science
5
scholars -- will reward the best, and encourage others follow
their example. We can also strengthen our schools by introducing
an element of competition into education. Magnet schools give
parents and students the power to choose their schools, and that
will serve as a powerful incentive for schools to improve their
performance.
To prepare for the future, we've got to cope with the
changing nature of society. What are we doing in the age of the
the single-parent and the two-career household to help the family
survive and prosper?
I've called on Congress to adopt a set of child care
initiatives aimed at strengthening the American family --
especially low-income working households, where balancing the
responsibilities of work and family proves most difficult.
And, of course, to prepare for the future, we've got to map
a national security strategy that gives due weight to each factor
of change in international scene. That's the aim of the series
of defense and foreign policy reviews I've instructed my national
security team to conduct.
American
We have to understand that this is an agenda for the
long-term. We aren't going to clean up the environment, turn
around our education system, create a more responsive business
climate or work environment in a single day. But we must begin
today, and make steady progress -- in order to succeed.
In this kind of work, more is going on than meets the eye --
or makes the headlines. The proof will come when we look back
6
from the year 2000. And I'm confident that we will be able to
look back with pride on work we did to get ready for a new
Century -- provided we look forward today.
-- We can enter the 21st Century as a strong and trusted
partner in the alliance of free nation, a front-line leader in
defense of freedom.
--
We can enter the 21st Century as a productive, energetic and
innovative member of the global economy, second to none in the
technological competition that will determine economic leadership
in the decades ahead.
--
We can enter the 21st Century as a nation whose people enjoy
a degree of freedom, opportunity, and a quality of life that
fulfills the American promise -- a society that draws its
strength from the individual, the family, the community, and a
government wise enough to respect those institutions as the
cornerstone of our democratic system.
We've got work to do -- work that won't wait -- great work
to ensure that the next century now on the horizon will be a new
American Century.
Thank you.
# # #
V
March 14, 1989
MEMORANDUM FOR JIM CICCONI
D8
FROM;
DENISE SCHWARZ
OFFICE OF CABINET AFFAIRS
SUBJECT;
PRESIDENTIAL REMARKS; THE FORUM CLUB OF HOUSTON
LOG #016168SS
We have reviewed the attached and have no comments as of
10:30 a.m. today.
Attachment
CC: Chriss Winston
Us
016168SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
3/13/89
3/14/89 10:00 AM
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
SUBJECT:
PRESIDENTIAL REMARKS: THE FORUM CLUB OF HOUSTON
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
CICCONI
PINKERTON
DEMAREST
BOSKIN
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Evt 2702
(McGroarty/Simon)
March 13, 1989
12:00 noon
PRESIDENTIAL REMARKS:
40
THE FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
Thank you
They say that Texas is a state of mind, but
it's still good to set both feet down on Texas earth, to come
home to Houston.
I take great pride in what is happening here. After
difficult times, Houston has turned the corner. I've checked the
statistics, and they're impressive: 250 new companies each
month, 95,000 new jobs in the area in the past two years, and
your unemployment rate is less than half what it was just three
years ago. And best of all, the new Houston is being built upon
a broad economic base.
And I am especially pleased to be back at the Forum Club,
which has contributed so much to public debate on the important
issues of the day. ((By the way, I came to Houston to share the
good news with you because they've already heard it to Lubbock.) )
I've come to Texas to tell you we're hard at work in
Washington -- and we're making progress.
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
2
The key is a realistic and workable budget, like the one I
sent to Congress seven weeks ago -- the one that even the
Congressional Budget Office now says will meet the Gramm-Rudman
target.
We're working to clean up insolvent savings and loans -- and
to clean up the S&L system, so that the questionable practices
and outright illegalities that caused the current crisis won't
happen again.
We're working now on a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
And we're waging the war on drug-abuse on every front: more
effective education and awareness efforts to dry up demand for
illegal drugs, and tougher law enforcement and interdiction to
cut off suppliers, and put the dealers behind bars -- where they
belong.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more that
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
The true test of leadership is knowing where we want to take
the country -- and taking the steps today to get us there.
That's working for the long term, for a payoff we won't see
today or tomorrow -- but ten and twenty years from now.
3
For people my age -- and for people a good deal younger --
the 21st Century has been the place we put all the fantastic
ideas, all the discoveries and inventions we couldn't dream of
experiencing in our own time. "The 21st Century" was just
another name for a future that seemed as distant as a voyage to
the moon.
Here in Houston, you have a better sense of how we can cover
that distance, and transform a distant future into our destiny.
The truth is, the 21st Century isn't far away at all. I
graduated in the Class of '42. Our first graders today will be
the class of 2000.
The 21st Century is here. The question is what we are doing
today to prepare ourselves for the new world that begins eleven
short years from now.
That's what my agenda is all about.
Building a better America means taking the the necessary
steps today to build the foundations for the kind of future we
want.
Preparing for our future means investment -- in our economy
and in our schools. It means safeguarding the environment
against short-sighted actions that do long-term damage. It means
finding ways to preserve and strengthen indispensable
institutions like the family in the midst of social change. It
means taking a long-range look at the international landscape, to
determine what policies and approaches will keep us free,
prosperous and at peace in the 21st Century, as we are today.
4
These aren't minor matters or unimportant issues.
These are concerns that will determine what kind of world we
live in -- and whether we as a people live up to our American
ideals.
And they're at the center of my agenda for a new American
Century.
To prepare for the future, we've got to invest in our
economy: We've got to create incentives to new investment, and
aggressive R&D programs that are catalysts to technological
advance. We've got to cut the capital gains tax, to spur the
entrepreneurial activity that means new products, new industries
and new jobs. Free enterprise is the engine of growth that can
lead us into the next century. It's up to government to maintain
a climate that is hospitable to growth, competitiveness and
productive investment, one that gives free enterprise free rein.
To prepare for the future, we've got to protect our
environment. Whether we're talking about the disposal of nuclear
or other hazardous wastes, or the discharge of CFCs into our
atmosphere, the United States -- on our own and in concert with
other nations -- must make a clean environment a priority. And
what I've done so far shows this isn't just talk -- I'm taking
action.
To prepare for the future, we've got to focus on education.
We've got to recognize and reward excellence in education -- in
our schools, our teachers, our students. My merit proposals --
for teachers, schools, and our nation's best young science
5
scholars -- will reward the best, and encourage others follow
their example. We can also strengthen our schools by introducing
an element of competition into education. Magnet schools give
parents and students the power to choose their schools, and that
will serve as a powerful incentive for schools to improve their
performance.
To prepare for the future, we've got to cope with the
changing nature of society. What are we doing in the age of the
the single-parent and the two-career household to help the family
survive and prosper?
I've called on Congress to adopt a set of child care
initiatives aimed at strengthening the American family --
especially low-income working households, where balancing the
responsibilities of work and family proves most difficult.
And, of course, to prepare for the future, we've got to map
a national security strategy that gives due weight to each factor
of change in international scene. That's the aim of the series
of defense and foreign policy reviews I've instructed my national
security team to conduct.
We have to understand that this is an agenda for the
long-term. We aren't going to clean up the environment, turn
around our education system, create a more responsive business
climate or work environment in a single day. But we must begin
today, and make steady progress -- in order to succeed.
In this kind of work, more is going on than meets the eye --
or makes the headlines. The proof will come when we look back
6
from the year 2000. And I'm confident that we will be able to
look back with pride on work we did to get ready for a new
Century -- provided we look forward today.
-- We can enter the 21st Century as a strong and trusted
partner in the alliance of free nation, a front-line leader in
defense of freedom.
-- We can enter the 21st Century as a productive, energetic and
innovative member of the global economy, second to none in the
technological competition that will determine economic leadership
in the decades ahead.
-- We can enter the 21st Century as a nation whose people enjoy
a degree of freedom, opportunity, and a quality of life that
fulfills the American promise -- a society that draws its
strength from the individual, the family, the community, and a
government wise enough to respect those institutions as the
cornerstone of our democratic system.
We've got work to do -- work that won't wait -- great work
to ensure that the next century now on the horizon will be a new
American Century.
Thank you.
# # #
016168SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
3/13/89
3/14/89 10:00 AM
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: THE FORUM CLUB OF HOUSTON
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
CICCONI
PINKERTON
BOSKIN
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
RESPONSE:
Too short and doing foals maer Spend James W. Cicconi 6" Andy
Assistant
to
the
President
arlibe
and Deputy to the Chief of Staff
Ext. 2702
(McGroarty/Simon)
March 13, 1989
12:00 noon
PRESIDENTIAL REMARKS.
49
THE FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
Thank you
They say that Texas is a state of mind, but
it's still good to set both feet down on Texas earth, to come
home to Houston.
I take great pride in what is happening here. After
difficult times, Houston has turned the corner. I've checked the
statistics, and they're impressive: 250 new companies each
month, 95,000 new jobs in the area in the past two years, and
your unemployment rate is less than half what it was just three
years ago. And best of all, the new Houston is being built upon
a broad economic base.
And I am especially pleased to be back at the Forum Club,
which has contributed so much to public debate on the important
issues of the day. ((By the way, I came to Houston to share the
good news with you because they've already heard it to Lubbock.) )
I've come to Texas to tell you we're hard at work in
Washington -- and we're making progress.
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
2
The key is a realistic and workable budget, like the one I
sent to Congress seven weeks ago -- the one that even the
Congressional Budget Office now says will meet the Gramm-Rudman
target.
We're working to clean up insolvent savings and loans -- and
to clean up the S&L system, so that the questionable practices
and outright illegalities that caused the current crisis won't
happen again.
We're working now on'a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
And we're waging the war on drug-abuse on every front: more
effective education and awareness efforts to dry up demand for
illegal drugs, and tougher law enforcement and interdiction to
cut off suppliers, and put the dealers behind bars -- where they
belong.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more that
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
The true test of leadership is knowing where we want to take
the country -- and taking the steps today to get us there.
That's working for the long term, for a payoff we won't see
today or tomorrow -- but ten and twenty years from now.
3
For people my age -- and for people a good deal younger --
the 21st Century has been the place we put all the fantastic
ideas, all the discoveries and inventions we couldn't dream of
experiencing in our own time. "The 21st Century" was just
another name for a future that seemed as distant as a voyage to
the moon.
Here in Houston, you have a better sense of how we can cover
that distance, and transform a distant future into our destiny.
The truth is, the 21st Century isn't far away at all. I
graduated in the Class of '42. Our first graders today will be
the class of 2000.
The 21st Century is here. The question is what we are doing
today to prepare ourselves for the new world that begins eleven
short years from now.
That's what my agenda is all about.
Building a better America means taking the the necessary
steps today to build the foundations for the kind of future we
want.
Preparing for our future means investment -- in our economy
and in our schools. It means safeguarding the environment
against short-sighted actions that do long-term damage. It means
finding ways to preserve and strengthen indispensable
institutions like the family in the midst of social change. It
means taking a long-range look at the international landscape, to
determine what policies and approaches will keep us free,
prosperous and at peace in the 21st Century, as we are today.
4
These aren't minor matters or unimportant issues.
These are concerns that will determine what kind of world we
live in -- and whether we as a people live up to our American
ideals.
And they're at the center of my agenda for a new American
Century.
To prepare for the future, we've got to invest in our
economy: We've got to create incentives to new investment, and
aggressive R&D programs that are catalysts to technological
advance. We've got to cut the capital gains tax, to spur the
entrepreneurial activity that means new products, new industries
and new jobs. Free enterprise is the engine of growth that can
lead us into the next century. It's up to government to maintain
a climate that is hospitable to growth, competitiveness and
productive investment, one that gives free enterprise free rein.
To prepare for the future, we've got to protect our
environment. Whether we're talking about the disposal of nuclear
or other hazardous wastes, or the discharge of CFCs into our
atmosphere, the United States -- on our own and in concert with
other nations -- must make a clean environment a priority. And
what I've done so far shows this isn't just talk -- I'm taking
action.
To prepare for the future, we've got to focus on education.
We've got to recognize and reward excellence in education -- in
our schools, our teachers, our students. My merit proposals --
for teachers, schools, and our nation's best young science
5
scholars -- will reward the best, and encourage others follow
their example. We can also strengthen our schools by introducing
an element of competition into education. Magnet schools give
parents and students the power to choose their schools, and that
will serve as a powerful incentive for schools to improve their
performance.
To prepare for the future, we've got to cope with the
changing nature of society. What are we doing in the age of the
the single-parent and the two-career household to help the family
survive and prosper?
I've called on Congress to adopt a set of child care
initiatives aimed at strengthening the American family --
especially low-income working households, where balancing the
responsibilities of work and family proves most difficult.
And, of course, to prepare for the future, we've got to map
a national security strategy that gives due weight to each factor
of change in international scene. That's the aim of the series
of defense and foreign policy reviews I've instructed my national
security team to conduct.
We have to understand that this is an agenda for the
long-term. We aren't going to clean up the environment, turn
around our education system, create a more responsive business
climate or work environment in a single day. But we must begin
today, and make steady progress -- in order to succeed.
In this kind of work, more is going on than meets the eye --
or makes the headlines. The proof will come when we look back
6
from the year 2000. And I'm confident that we will be able to
look back with pride on work we did to get ready for a new
Century -- provided we look forward today.
-- We can enter the 21st Century as a strong and trusted
partner in the alliance of free nation, a front-line leader in
defense of freedom.
--
We can enter the 21st Century as a productive, energetic and
innovative member of the global economy, second to none in the
technological competition that will determine economic leadership
in the decades ahead.
--
We can enter the 21st Century as a nation whose people enjoy
a degree of freedom, opportunity, and a quality of life that
fulfills the American promise -- a society that draws its
strength from the individual, the family, the community, and a
government wise enough to respect those institutions as the
cornerstone of our democratic system.
We've got work to do -- work that won't wait -- great work
to ensure that the next century now on the horizon will be a new
American Century.
Thank you.
# # #
016168SS
Document No.
Action: P. Paylor
WHITE HOUSE STAFFING MEMORANDUM
3/14/89 10:00 AM
3/13/89
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: THE FORUM CLUB OF HOUSTON
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
PINKERTON
CICCONI
BOSKIN
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
RESPONSE:
OK with changes on pgs, 1 and 2.
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(McGroarty/Simon)
March 13, 1989
12:00 noon
PRESIDENTIAL REMARKS: 40 THE FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
Thank you
They say that Texas is a state of mind, but
it's still good to set both feet down on Texas earth, to come
home to Houston.
I take great pride in what is happening here. After
difficult times, Houston has turned the corner. I've checked the
statistics, and they're impressive: 250 new companies each
around 0
month, 95,000 new jobs in the area in the past two years, and
your unemployment rate is less warly than half what it was just three
two
years ago. And best of all, the new Houston is being built upon
a broad economic base.
And I am especially pleased to be back at the Forum Club,
which has contributed so much to public debate on the important
issues of the day. ((By the way, I came to Houston to share the
good news with you because they've already heard it to Lubbock. ))
I've come to Texas to tell you we're hard at work in
Washington -- and we're making progress.
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
2
The key is a realistic and workable budget, like the one I
sent to Congress seven weeks ago -- the one that even the
be within the
Congressional Budget Office now says will meet the Gramm-Rudman
target.
We're working to clean up insolvent savings and loans -- and
to clean up the S&L system, so that the questionable practices
and outright illegalities that caused the current crisis won't
happen again.
We're working now on a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
And we're waging the war on drug-abuse on every front: more
effective education and awareness efforts to dry up demand for
illegal drugs, and tougher law enforcement and interdiction to
cut off suppliers, and put the dealers behind bars -- where they
belong.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more that
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
The true test of leadership is knowing where we want to take
the country -- and taking the steps today to get us there.
That's working for the long term, for a payoff we won't see
today or tomorrow -- but ten and twenty years from now.
3
For people my age -- and for people a good deal younger --
the 21st Century has been the place we put all the fantastic
ideas, all the discoveries and inventions we couldn't dream of
experiencing in our own time. "The 21st Century" was just
another name for a future that seemed as distant as a voyage to
the moon.
Here in Houston, you have a better sense of how we can cover
that distance, and transform a distant future into our destiny.
The truth is, the 21st Century isn't far away at all. I
graduated in the Class of '42. Our first graders today will be
the class of 2000.
The 21st Century is here. The question is what we are doing
today to prepare ourselves for the new world that begins eleven
short years from now.
That's what my agenda is all about.
Building a better America means taking the the necessary
steps today to build the foundations for the kind of future we
want.
Preparing for our future means investment -- in our economy
and in our schools. It means safeguarding the environment
against short-sighted actions that do long-term damage. It means
finding ways to preserve and strengthen indispensable
institutions like the family in the midst of social change. It
means taking a long-range look at the international landscape, to
determine what policies and approaches will keep us free,
prosperous and at peace in the 21st Century, as we are today.
4
These aren't minor matters or unimportant issues.
These are concerns that will determine what kind of world we
live in -- and whether we as a people live up to our American
ideals.
And they're at the center of my agenda for a new American
Century.
To prepare for the future, we've got to invest in our
economy: We've got to create incentives to new investment, and
aggressive R&D programs that are catalysts to technological
advance. We've got to cut the capital gains tax, to spur the
entrepreneurial activity that means new products, new industries
and new jobs. Free enterprise is the engine of growth that can
lead us into the next century. It's up to government to maintain
a climate that is hospitable to growth, competitiveness and
productive investment, one that gives free enterprise free rein.
To prepare for the future, we've got to protect our
environment. Whether we're talking about the disposal of nuclear
or other hazardous wastes, or the discharge of CFCs into our
atmosphere, the United States -- on our own and in concert with
other nations -- must make a clean environment a priority. And
what I've done so far shows this isn't just talk -- I'm taking
action.
To prepare for the future, we've got to focus on education.
We've got to recognize and reward excellence in education -- in
our schools, our teachers, our students. My merit proposals --
for teachers, schools, and our nation's best young science
5
scholars -- will reward the best, and encourage others follow
their example. We can also strengthen our schools by introducing
an element of competition into education. Magnet schools give
parents and students the power to choose their schools, and that
will serve as a powerful incentive for schools to improve their
performance.
To prepare for the future, we've got to cope with the
changing nature of society. What are we doing in the age of the
the single-parent and the two-career household to help the family
survive and prosper?
I've called on Congress to adopt a set of child care
initiatives aimed at strengthening the American family --
especially low-income working households, where balancing the
responsibilities of work and family proves most difficult.
And, of course, to prepare for the future, we've got to map
a national security strategy that gives due weight to each factor
of change in international scene. That's the aim of the series
of defense and foreign policy reviews I've instructed my national
security team to conduct.
We have to understand that this is an agenda for the
long-term. We aren't going to clean up the environment, turn
around our education system, create a more responsive business
climate or work environment in a single day. But we must begin
today, and make steady progress -- in order to succeed.
In this kind of work, more is going on than meets the eye --
or makes the headlines. The proof will come when we look back
6
from the year 2000. And I'm confident that we will be able to
look back with pride on work we did to get ready for a new
Century -- provided we look forward today.
--
We can enter the 21st Century as a strong and trusted
partner in the alliance of free nation, a front-line leader in
defense of freedom.
-- We can enter the 21st Century as a productive, energetic and
innovative member of the global economy, second to none in the
technological competition that will determine economic leadership
in the decades ahead.
--
We can enter the 21st Century as a nation whose people enjoy
a degree of freedom, opportunity, and a quality of life that
fulfills the American promise -- a society that draws its
strength from the individual, the family, the community, and a
government wise enough to respect those institutions as the
cornerstone of our democratic system.
We've got work to do -- work that won't wait -- great work
to ensure that the next century now on the horizon will be a new
American Century.
Thank you.
# # #
THE WHITE HOUSE
WASHINGTON
March 13, 1989
MEMORANDUM FOR CHRISS A. WINSTON
DEPUTY ASSISTANT TO THE PRESIDENT
FOR COMMUNICATIONS
FROM:
MICHAEL J. ASTRUE MA
ASSOCIATE COUNSEL TO THE PRESIDENT
SUBJECT:
Presidential Remarks: The Forum Club of Houston
Counsel's office has reviewed the above-referenced proposed
Presidential remarks, and we have no legal or other objections to
their delivery.
Thank you for submitting these remarks for our review.
CC: James W. Cicconi
016168SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
3/13/89
3/14/89 10:00 AM
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS: THE FORUM CLUB OF HOUSTON
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
CICCONI
PINKERTON
BOSKIN
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
RESPONSE:
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
(McGroarty/Simon)
March 13, 1989
12:00 noon
PRESIDENTIAL REMARKS: 40 THE FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
Thank you
They say that Texas is a state of mind, but
it's still good to set both feet down on Texas earth, to come
home to Houston.
I take great pride in what is happening here. After
difficult times, Houston has turned the corner. I've checked the
statistics, and they're impressive: 250 new companies each
waicher 5823
89
month, 95,000 new jobs in the area in the past two years, and
your unemployment rate is less nearly than half what it was just three
two
years ago. And best of all, the new Houston is being built upon
a broad economic base.
And I am especially pleased to be back at the Forum Club,
Holen
which has contributed so much to public debate on the important
5178
issues of the day. ( (By the way, I came to Houston to share the
?
good news with you because they've already heard it to (Lubbock. ))
I've come to Texas to tell you we're hard at work in
Washington -- and we're making progress.
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
class
2
3080
The key is a realistic and workable budget, like the one I
non-partisan Wricher
sent to Congress seven weeks ago --
the one that even^ the
5873
bein
range of the
Congressional Budget Office now says will meet theAGramm-Rudman- Hollings
1 don't think this Grady
Dale
target
is accurate
4844
Ander
deal with
3080
We're working to clean up insolvent savings and loans -- and
to clean up the S&L system, so that the questionable practices
and outright illegalities that caused the current crisis won't
happen again.
We're working now on a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
And we're waging the war on drug-abuse on every front: more
Clay
effective education and awareness efforts to dry up demand for
3080
illegal drugs, and tougher law enforcement and interdiction to HOLER
cut off suppliers and Putting? put the dealers behind bars -- where they 5178
belong.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more that
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
this
Cleery 3080
The true test of leadership is knowing where we want to take
the country and taking the steps today to get us us there.
Should be going
mygoal isto
means
That working for the long term, for a payoff we won't see
today or tomorrow
but ten and twenty years from now.
with an Eyr on the future,
3
those
For people my age -- and for people a good deal younger
that was where
the 21st Century has been the place wen put all the fantastic
would realize
They
3080
ideas, all the discoveries and inventions we couldn't dream of
experiencing in our own time. "The 21st Century" was just
another name for a future that seemed as distant as a voyage to
the moon.
Here in Houston, you have a better sense of how we can cover
that distance, and transform a distant future into our destiny.
3080
Clay
we now stand at the thre Shold of that new century.
Daliso
The truth is, the 21st Century isn't far away at all. I
from high school
graduated in the Class of '42. Our first graders today will be
the class of 2000.
nearly upon us, a we are faced wian Essential
The 21st Century is here. The question: is what we arendoing WE
all WL can
today to prepare ourselves for the new world that begins eleven
short years from now.
That's what my agenda is all about.
Building a better America means taking the the necessary
steps today to 1 ayrung build the foundations/ today for the kind of future we all
want.
Dale 3080
Preparing for our future means investment -- in our economy
children
and in our schools. It means safeguarding the environment
against short-sighted actions that do long-term damage. It means
finding ways to preserve and strengthen indispensable
institutions like the family in the midst of social change. It
means taking a long-range look at the international landscape, to
determine what policies and approaches will keep us free,
prosperous and at peace in the 21st Century, as we are today.
4
These aren't minor matters or unimportant issues.
These are concerns that will determine what kind of world we
live in -- and whether we as a people live up to our American
ideals.
And they're at the center of my agenda for a new American
Century.
need
To prepare for the future, we ve got to invest in our
Cleur
3080
far
economy: We've got to create incentives to new investment, and
aggressive R&D programs that are catalysts to technological
advance. We've got to cut the capital gains tax, to spur the
entrepreneurial activity that means new products, new industries
will
and new jobs. Free enterprise is the engine of growth that can
lead us into the next century. It's up to government to maintain
a climate that is hospitable to growth, competitiveness and
productive investment, one that gives free enterprise free rein.
To prepare for the future, we've got to protect our
environment. Whether we're talking about the disposal of nuclear
or other hazardous wastes, or the discharge of CFCs into our
atmosphere, the United States -- on our own and in concert with
top
other nations -- must make a clean environment a¹ priority. And
Clay
3080
what I've done so far shows this isn't just talk -- I'm taking
action.
Starts with Educe
To prepare for the future we ve got to focus on education
Encouraging.
We ve got to recognize and reward ing excellence in education -- in
Clay
and
3088
our schools, our teachers, our students. My merit proposals --
for teachers, schools, and our nation's best young science
5
to
scholars -- will reward the best, and encourage others^ follow
their example. We can also strengthen our schools by introducing
an element of competition into education. Magnet schools give
Dale 3080
more norechokein Chokein
parents and students the power to choose their schools, and that
will serve as a powerful incentive for schools to improve their
performance.
ing
also Means confronting
To prepare for the future, we've got to cope with the
our
changing nature of society. What are we doing in the age of the
the single-parent and the two-career household to help the family
survive and prosper?
I've called on Congress to adopt a set of child care
initiatives aimed at strengthening the American family --
especially low-income working households, where balancing the
responsibilities of work and family proves most difficult.
But,
all these initiatives would be meaningless
And, of course, to prepare for the future, we've got to map
without, ^ a national security strategy that/gives due weight to each factor
Ensures our freedon, and
3088
Clay
Holen
the
of change in international scene. That's the aim of the series
SLIG
of defense and foreign policy reviews I've instructed my national
security team to conduct.
Clay
We have to understand that this is an agenda for the
3080
long-term. We aren't going to clean up the environment, turn
around
around our education system, create a more responsive business
Clay
3080
climate or work environment in a single day. But we must begin
wewill
today, and make steady progress
in order ton succeed.
In this kind of work, more is going on than meets the eye --
or makes the headlines. The proof will come when we look back
6
from the year 2000. And I'm confident that we will be able to
look back with pride on work we did to get ready for a new
Century -- provided we look forward today.
-- We can enter the 21st Century as a strong and trusted
partner in the alliance of free nation, a front-line leader in the
defense of freedom.
-- We can enter the 21st Century as a productive, energetic and
innovative member of the global economy, second to none in the
technological competition that will determine economic leadership
in the decades ahead.
--
We can enter the 21st Century as a nation whose people enjoy
clay
3080
a degree of freedom, opportunity, and a quality of life that
fulfills the American promise -- a society that draws its
strength from the individual, the family, the community, and a
government wise enough to respect those institutions as the
cornerstone of our democratic system.
We've got work to do -- work that won't wait -- great work
to ensure that the next century now on the horizon will be a new
American Century.
Thank you.
# # #
THE WHITE HOUSE
WASHINGTON
March 14, 1989
Memorandum for Chriss Winston
From:
RBP/SP
Roger B. Porter
Jim Pinkerton
Re:
Comments on Forum Club of Houston Draft
This draft sets an upbeat, forward-looking tone. We
particularly liked the "we can " "we're working now
=
"we're waging the war can-do motif. We ought to continue
this central theme of long-term, long-range Presidential
leadership.
In fact, one main suggestion would be to move this central
theme up to an earlier point in the speech. On page two,
paragraph six, "Leadership is more than crisis management, " etc.,
should be inserted in page one, after paragraph four, "I've come
to Texas to tell you we're hard at work in Washington -- and
we're making progress."
We should highlight good economic news. We should not
unduly emphasize the month-to-month changes, even when the data
are positive (i.e. 5.1% unemployment). Rather, we should lay
heavier stress on favorable long term economic trends (i.e. 20
million new jobs). We agree that recitations of economic
statistics can be tedious. However, if we don't trumpet good
news, nobody else will! We need to strike a balance; we should
remind Americans of the remarkable successes our policies.
Finally, we felt there should be more references to the
President as a Houstonian. Certainly the people in Houston
consider him so.
p.1 para.3
"
they've already heard it to Lubbock" should be
"they' 've already heard it in Lubbock."
p.2, para. We'd add "Building a Better America" here. Thus:
"The key to Building a Better America is a realistic and workable
budget."
Also, we should delete the references to the Congressional
Budget Office. The CBO does not think that we can meet the
G.R.H. target of $100 billion. Rather, they say we can come
within the 10% "grace zone" and avoid a sequester if our
technical assumptions on the S&L bailout are accepted. This is
too complicated for a speech!
-2-
p.2, para. 6 We'd omit the first sentence: "But these are by
no means the only issues that demand leadership and prompt
action.' And then move the next few paragraphs dealing with long
range leadership up to page one, after paragraph four, as
mentioned above.
Also, in the second sentence of this paragraph "that" should
be "than."
p.3, para. 2 "Here in Houston, you have a better sense of how
we can cover that distance " As mentioned, we should
emphasize the Bush-Houston connection. Thus "you" in this
sentence should be "we."
p.4,para.3
"And they're at the center of my agenda for a new
American Century." We should remember that Henry Luce argued
that the 20th century was the American Century. The sentence
should read
=
center of my agenda for a Second American
Century."
p.6, para. 2
"We can enter the 21st Century as a strong and
trusted partner in the alliance of free nation, a front line
leader in defense of freedom." Change "nation" to the plural:
"nations."
#
2
We're working to drive down the deficit. We can bring
federal spending under control -- and into balance with our
resources. We can stay on track to meet the Gramm-Rudman target
-- and we can do it with no new taxes.
The key to building a better America is a realistic and
workable budget, like the one I sent to Congress seven weeks ago.
We're working now on a plan that will help developing
nations cope with the burden of debt -- a solution that promotes
growth and stability in world markets.
We're waging a war on drug-abuse on every front: more
effective education and awareness efforts to dry up demand for
illegal drugs, and tougher law enforcement and interdiction to
cut off suppliers, and put the dealers behind bars -- where they
belong.
We're working to establish a six-month training wage, as
part of a package raising the minimum wage to $4.25 an hour.
$4.25 is my first -- and last ---- offer. Anything higher will
actually cost us jobs, by raising costs to many employers. A
training wage does just the opposite -- providing those now
jobless -- especially or youth and minorities -- a hand-hold on
the economic ladder, and a means of moving up.
And we're working hard on a serious problem all Texans are
aware of -- the threat to our financial system posed by insolvent
savings and loans. Less than three weeks after taking office, I
announced a comprehensive set of proposals to take effective
action on this problem. We must clean up the S&L system, so that
new text -
we'd like to
review quickly
hitches for any policy
Thanks!
&
Larry Lindsey OPD OR for Porter
3
the questionable practices and outright illegalities that caused
the current crisis won't happen again.
Nationwide, insolvent S&Ls still in operation incur
check
operating losses at a rate of more than $333 million a month --
a Texas sized half
that's about $3 million dollars during the course of this
luncheon. Three weeks ago, I sent the Congress a bill that will
check
enable us to take action to halt the dollar drain, and move
forward on stabilizing our S&L system. It's a sound and
comprehensive plan. I want to see that bill -- with its central
provisions intact -- arrive on my desk by May 1. There's no
excuse for further delay.
Once the legislation is enacted, we must turn our attention
to careful and responsible handling of the assets of failed filed S&Ls
-- and to the complete protection of their depositors. Our
solution must ensure the least possible disruption to local
markets -- at the same time it keeps costs to a minimum. And let
me say clearly: we must see to it that those S&L officials
guilty of criminal actions are pursued and punished for the
losses they have caused.
These are serious challenges -- ticking time bombs that we
need to defuse without delay. And we're doing just that.
But these are by no means the only issues that demand
leadership and prompt action. Leadership is more than
crisis-management. It's more than dealing with the problems of
the day -- no matter how urgent they are.
016168SS
Document No.
WHITE HOUSE STAFFING MEMORANDUM
3/14/89 10:00 AM
3/13/89
DATE:
ACTION/CONCURRENCE/COMMENT DUE BY:
PRESIDENTIAL REMARKS:- THE FORUM CLUB OF HOUSTON
SUBJECT:
ACTION FYI
ACTION FYI
VICE PRESIDENT
MCCLURE
SUNUNU
NEWMAN
SCOWCROFT
PORTER
DARMAN
STUDDERT
BATES
UNTERMEYER
BREEDEN
WINSTON
CARD
ROGERS
PINKERTON
CICCONI
BOSKIN
DEMAREST
FITZWATER
GRAY
HAGIN
REMARKS:
Please forward any comments directly to Chriss Winston, Rm. 122,
x2930, no later than 10:00 AM, Tuesday, March 14, 1989, with an
info copy to my office. Thank you.
Oleany
RESPONSE:
Gorden Which
James W. Cicconi
Assistant to the President
and Deputy to the Chief of Staff
Ext. 2702
FORUM CLUB OF HOUSTON
HOUSTON, TEXAS
THURSDAY, MARCH 16, 1989
((THANK YOU, DICK FOR THAT INTRODUCTION, AND I MUST
THANK YOU AND DICK JOHNSON FOR PUTTING THIS "LITTLE" LUNCH
TOGETHER.))
THEY SAY THAT TEXAS IS A STATE OF MIND, BUT IT'S
STILL GOOD TO SET BOTH FEET DOWN ON TEXAS EARTH, TO COME
HOME TO HOUSTON.
2
I AM PLEASED TO BE BACK AT THE FORUM CLUB, WHICH HAS
CONTRIBUTED SO MUCH TO PUBLIC DEBATE ON THE IMPORTANT
ISSUES OF THE DAY. I'M GLAD THAT BoB MOSBACHER IS WITH ME
-- A PAST PRESIDENT OF THE FORUM CLUB, NOW HANDLING THE
TOUGH ASSIGNMENT AT COMMERCE -- AND NOT SURPRISINGLY,
DOING A SUPERB JOB.
I TAKE GREAT PRIDE IN WHAT IS HAPPENING HERE. AFTER
DIFFICULT TIMES, HOUSTON HAS TURNED THE CORNER.
3
I'VE CHECKED THE STATISTICS, AND THEY'RE IMPRESSIVE: 280
NEW COMPANIES LAST MONTH, NEARLY 90,000 NEW JOBS IN THE
AREA IN THE PAST TWO YEARS, AND YOUR UNEMPLOYMENT RATE IS
ALMOST HALF WHAT IT WAS JUST TWO YEARS AGO. AND BEST OF
ALL, THE NEW HOUSTON IS BEING BUILT UPON A BROAD ECONOMIC
BASE.
I'VE COME HOME TO TEXAS TO TELL YOU WE'RE HARD AT
WORK IN WASHINGTON -- AND WE'RE MAKING PROGRESS. ((By THE
WAY, I CAME TO HOUSTON TO SHARE THE GOOD NEWS WITH YOU
BECAUSE THEY'VE ALREADY HEARD IT IN LUBBOCK.))
4
WE'RE WORKING TO DRIVE DOWN THE DEFICIT. WE CAN
BRING FEDERAL SPENDING UNDER CONTROL -- AND INTO BALANCE
WITH OUR RESOURCES. UNDER OUR BUDGET, WE'LL HAVE $80
BILLION DOLLARS IN NEW REVENUE FOR 1990. WE CAN STAY ON
TRACK TO MEET THE GRAMM-RUDMAN TARGET -- AND WE CAN DO IT
WITH NO NEW TAXES.
THE KEY TO BUILDING A BETTER AMERICA IS A REALISTIC
AND WORKABLE BUDGET, LIKE THE ONE I SENT TO CONGRESS FIVE
WEEKS AGO.
5
WE'RE WORKING NOW ON A PLAN THAT WILL HELP DEVELOPING
NATIONS COPE WITH THE BURDEN OF DEBT -- A SOLUTION THAT
PROMOTES GROWTH AND STABILITY IN WORLD MARKETS.
WE'RE WAGING A WAR ON DRUG-ABUSE ON EVERY FRONT:
MORE EFFECTIVE EDUCATION AND AWARENESS EFFORTS TO DRY UP
DEMAND FOR ILLEGAL DRUGS, AND TOUGHER LAW ENFORCEMENT AND
INTERDICTION TO CUT OFF SUPPLIERS, AND PUT THE DEALERS
BEHIND BARS -- WHERE THEY BELONG.
6
WE'RE WORKING TO ESTABLISH A SIX-MONTH TRAINING WAGE,
AS PART OF A PACKAGE RAISING THE MINIMUM WAGE FROM $3.35
TO $4.25 AN HOUR. $4.25 IS MY FIRST -- AND LAST -- OFFER.
ANYTHING HIGHER WILL ACTUALLY COST US JOBS, BY RAISING
COSTS FOR MANY EMPLOYERS, AND WILL HAVE AN ADVERSE AFFECT
ON INFLATION AND PRODUCTIVITY. A TRAINING WAGE DOES JUST
THE OPPOSITE -- PROVIDING THOSE NOW JOBLESS --\ ESPECIALLY
FOR YOUTH AND MINORITIES -- A HAND-HOLD ON THE ECONOMIC
LADDER, A MEANS OF MOVING UP.
7
AND WE'RE WORKING HARD ON A SERIOUS PROBLEM ALL
TEXANS ARE AWARE OF -- THE THREAT TO OUR FINANCIAL SYSTEM
POSED BY INSOLVENT SAVINGS AND LOANS. LESS THAN THREE
WEEKS AFTER TAKING OFFICE, I ANNOUNCED A COMPREHENSIVE SET
OF PROPOSALS TO TAKE EFFECTIVE ACTION ON THIS PROBLEM. WE
MUST CLEAN UP THE S&L SYSTEM, so THAT THE QUESTIONABLE
PRACTICES AND OUTRIGHT ILLEGALITIES THAT CAUSED THE
CURRENT CRISIS WON'T HAPPEN AGAIN.
8
NATIONWIDE, INSOLVENT S&Ls STILL IN OPERATION ARE
INCURRING OPERATING LOSSES AT A RATE OF ABOUT $300
MILLION DOLLARS A MONTH. = THAT'S ALMOST $1 MILLION
DOLLARS DURING THE COURSE OF THIS LUNCHEON. THREE WEEKS
AGO, I SENT THE CONGRESS A BILL THAT WILL ENABLE US TO
TAKE ACTION TO HALT THE DOLLAR DRAIN, AND MOVE FORWARD ON
STABILIZING OUR S&L SYSTEM. IT'S A SOUND AND
COMPREHENSIVE PLAN -- AND IT HAS BEEN WELL RECEIVED. I
WANT TO SEE THAT BILL PASSED WITH ITS CENTRAL PROVISIONS
INTACT. THERE'S NO EXCUSE FOR FURTHER DELAY.
9
ONCE THE LEGISLATION IS ENACTED, WE MUST TURN OUR
ATTENTION TO CAREFUL AND RESPONSIBLE HANDLING OF THE
ASSETS OF FAILED S&Ls. LET ME BE CLEAR ON A KEY POINT:
INSURED DEPOSITORS ARE NOT AT RISK. THEY ARE FULLY
PROTECTED, AND WILL CONTINUE TO BE FULLY PROTECTED.
OUR SOLUTION MUST ENSURE THE LEAST POSSIBLE
DISRUPTION TO LOCAL MARKETS -- AND AT THE SAME TIME KEEP
COSTS TO A MINIMUM. AND LET ME SAY CLEARLY: WE MUST SEE
TO IT THAT THOSE S&L OFFICIALS GUILTY OF CRIMINAL ACTIONS
ARE PURSUED AND PUNISHED FOR THE LOSSES THEY HAVE CAUSED.
10
THESE ARE SERIOUS CHALLENGES -- TICKING TIME BOMBS
THAT WE NEED TO DEFUSE WITHOUT DELAY. AND WE'RE DOING
JUST THAT.
BUT THESE ARE BY NO MEANS THE ONLY ISSUES THAT DEMAND
LEADERSHIP AND PROMPT ACTION. WE'RE ENTERING THE 1990s --
A HORIZON DECADE -- THRESHOLD TO A NEW CENTURY.
11
FOR PEOPLE MY AGE -- AND FOR PEOPLE A GOOD DEAL
YOUNGER -- THE 21st CENTURY HAS BEEN THE PLACE IN OUR
MINDS THAT WE PUT ALL THE FANTASTIC IDEAS, ALL THE
DISCOVERIES AND INVENTIONS WE COULDN'T DREAM OF
EXPERIENCING IN OUR OWN TIME. "THE 21st CENTURY" WAS JUST
ANOTHER NAME FOR A FUTURE THAT SEEMED AS DISTANT AS A
VOYAGE TO THE MOON.
HERE IN HOUSTON, WE HAVE A BETTER SENSE OF HOW WE CAN
COVER THAT DISTANCE, AND TRANSFORM A DISTANT FUTURE INTO
OUR DESTINY.
12
THE TRUTH IS, THE 21st CENTURY ISN'T FAR AWAY AT ALL.
I GRADUATED FROM HIGH SCHOOL IN THE CLASS OF '42. OUR
FIRST GRADERS TODAY WILL BE THE CLASS OF 2000.
THE 21st CENTURY IS HERE -- IN OUR CHILDREN. THE
ESSENTIAL QUESTION TODAY IS: WHAT ARE WE DOING TO PREPARE
FOR THE NEW WORLD THAT BEGINS ELEVEN SHORT YEARS FROM NOW?
THAT'S WHAT MY AGENDA IS ALL ABOUT.
BUILDING A BETTER AMERICA MEANS LAYING THE
FOUNDATIONS TODAY FOR THE KIND OF FUTURE WE WANT.
13
PREPARING FOR OUR FUTURE MEANS INVESTMENT -- IN OUR
ECONOMY AND IN OUR SCHOOLS. IT MEANS SAFEGUARDING THE
ENVIRONMENT AGAINST SHORT-SIGHTED ACTIONS THAT DO
LONG-TERM DAMAGE. IT MEANS FINDING WAYS TO PRESERVE AND
STRENGTHEN INDISPENSABLE INSTITUTIONS LIKE THE FAMILY IN
THE MIDST OF SOCIAL CHANGE.
IT MEANS TAKING A LONG-RANGE LOOK AT THE
INTERNATIONAL LANDSCAPE, TO DETERMINE WHAT POLICIES AND
APPROACHES WILL KEEP US FREE, PROSPEROUS AND AT PEACE IN
THE 21st CENTURY, AS WE ARE TODAY.
14
AND SPEAKING OF FREEDOM, IT MEANS FORMULATING A
MULTI-SOURCE ENERGY POLICY THAT, IN THE LONG RUN, WILL
MAKE US LESS DEPENDENT ON FOREIGN OIL
THESE AREN'T MINOR MATTERS OR UNIMPORTANT ISSUES.
THESE ARE CONCERNS THAT WILL DETERMINE WHAT KIND OF
WORLD WE LIVE IN -- AND WHETHER WE AS A PEOPLE LIVE UP TO
OUR AMERICAN IDEALS.
AND THEY'RE AT THE CENTER OF MY AGENDA FOR A NEW
AMERICAN CENTURY.
15
To PREPARE FOR THE FUTURE, WE'VE GOT TO INVEST IN OUR
ECONOMY: WE'VE GOT TO CREATE INCENTIVES FOR NEW
INVESTMENT, AND AGGRESSIVE R&D PROGRAMS THAT ARE CATALYSTS
TO TECHNOLOGICAL ADVANCE. I'VE CALLED FOR A PERMANENT
R & E -- RESEARCH AND EXPERIMENTATION -- TAX CREDIT TO
CREATE THAT INCENTIVE AND A 13% INCREASE IN FEDERALLY
FUNDED SCIENCE RESEARCH.
16
WE'VE GOT TO CUT THE CAPITAL GAINS TAX -- AND I'VE
ASKED THE CONGRESS TO JOIN WITH ME ON THIS -- TO SPUR THE
ENTREPRENEURIAL ACTIVITY THAT MEANS NEW PRODUCTS, NEW
INDUSTRIES AND NEW JOBS. FREE ENTERPRISE IS THE ENGINE OF
GROWTH THAT CAN LEAD US INTO THE NEXT CENTURY. IT'S UP TO
GOVERNMENT TO MAINTAIN A CLIMATE THAT IS HOSPITABLE TO
GROWTH, COMPETITIVENESS AND PRODUCTIVE INVESTMENT, ONE
THAT GIVES FREE ENTERPRISE FREE REIN.
17
AND BY THE WAY, MY PROPOSAL ON RESTORING THE CAPITAL GAINS
TAX DIFFERENTIAL WILL ADD $4.8 BILLION DOLLARS IN NEW
REVENUES TO THE TREASURY IN 1990 ALONE.
To PREPARE FOR THE FUTURE, WE'VE GOT TO PROTECT OUR
ENVIRONMENT. WHETHER WE'RE TALKING ABOUT THE DISPOSAL OF
NUCLEAR OR OTHER HAZARDOUS WASTES, OR THE DISCHARGE OF
CFCs INTO OUR ATMOSPHERE, THE UNITED STATES -- ON OUR OWN
AND IN CONCERT WITH OTHER NATIONS -- MUST MAKE A CLEAN
ENVIRONMENT A TOP PRIORITY. AND WHAT I'VE DONE so FAR
SHOWS THIS ISN'T JUST TALK -- I'M TAKING ACTION.
18
To PREPARE FOR THE FUTURE, WE MUST ENCOURAGE AND
IMPROVE EDUCATION. WE MUST RECOGNIZE AND REWARD
EXCELLENCE IN EDUCATION -- IN OUR SCHOOLS, OUR TEACHERS,
OUR STUDENTS. Mr MERIT PROPOSALS -- FOR TEACHERS,
SCHOOLS, AND OUR NATION'S BEST YOUNG SCIENCE SCHOLARS --
WILL REWARD THE BEST, AND ENCOURAGE OTHERS TO FOLLOW THEIR
EXAMPLE. OUR NATIONAL SCIENCE SCHOLARSHIPS ALONE WILL
PROVIDE 570 TOP STUDENTS UP TO $10,000 A YEAR TO ATTEND
THE COLLEGE OF THEIR CHOICE.
19
WE CAN ALSO STRENGTHEN OUR SCHOOLS BY INTRODUCING AN
ELEMENT OF COMPETITION INTO EDUCATION. MAGNET SCHOOLS
GIVE PARENTS AND STUDENTS THE POWER TO CHOOSE THEIR
SCHOOLS, AND THAT WILL SERVE AS A POWERFUL INCENTIVE FOR
SCHOOLS TO IMPROVE THEIR PERFORMANCE. THAT'S WHY I'VE
URGED CONGRESS TO PROVIDE $100 MILLION TO HELP WITH THE
START-UP COSTS FOR NEW MAGNET SCHOOLS.
PREPARING FOR THE FUTURE MEANS CONFRONTING THE
CHANGING NATURE OF OUR SOCIETY.
20
WHAT ARE WE DOING IN THE AGE OF THE SINGLE-PARENT AND THE
TWO-CAREER HOUSEHOLD TO HELP THE FAMILY SURVIVE AND
PROSPER?
I'VE CALLED ON CONGRESS TO ADOPT A SET OF CHILD CARE
INITIATIVES AIMED AT STRENGTHENING THE AMERICAN FAMILY --
AND GIVING PARENTS A CHOICE. I DON'T WANT FEDERAL
REGULATORS TO PUSH CHURCHES AND PRIVATE GROUPS OUT OF THE
CHILD CARE BUSINESS.
21
OUR 1990 BUDGET REQUESTS A 20% INCREASE IN FUNDING FOR OUR
SUCCESSFUL HEAD START PROGRAM, AND INSTITUTES THIS NEW
CHILD CARE TAX CREDIT FOR LOW-INCOME HOUSEHOLDS, TO MAKE
BALANCING THE RESPONSIBILITIES OF WORK AND FAMILY LESS
DIFFICULT.
AND, OF COURSE, TO PREPARE FOR THE FUTURE, WE'VE GOT
TO MAP A NATIONAL SECURITY STRATEGY THAT ENSURES OUR
FREEDOM, AND GIVES DUE WEIGHT TO EACH FACTOR OF CHANGE IN
THE INTERNATIONAL SCENE.
22
THAT'S THE AIM OF THE SERIES OF DEFENSE AND FOREIGN POLICY
REVIEWS I'VE INSTRUCTED MY NATIONAL SECURITY TEAM TO
CONDUCT.
THIS IS AN AMERICAN AGENDA FOR THE LONG-TERM. WE
AREN'T GOING TO CLEAN UP THE ENVIRONMENT, TURN OUR
EDUCATION SYSTEM AROUND, OR CREATE A MORE RESPONSIVE
BUSINESS CLIMATE IN A SINGLE DAY. BUT IF WE BEGIN TODAY,
AND MAKE STEADY PROGRESS, WE WILL SUCCEED.
IN THIS KIND OF WORK, MORE IS GOING ON THAN MEETS THE
EYE -- OR MAKES THE HEADLINES.
23
THE PROOF WILL COME WHEN WE LOOK BACK FROM THE YEAR 2000.
AND I'M CONFIDENT THAT WE WILL BE ABLE TO LOOK BACK WITH
PRIDE ON WORK WE DID TO GET READY FOR A NEW CENTURY --
PROVIDED WE LOOK FORWARD TODAY.
--
WE MUST ENTER THE 21st CENTURY AS A STRONG AND
TRUSTED PARTNER IN THE ALLIANCE OF FREE NATIONS, A
FRONT-LINE LEADER IN DEFENSE OF FREEDOM.
24
:
WE MUST ENTER THE 21st CENTURY AS A PRODUCTIVE,
ENERGETIC AND INNOVATIVE MEMBER OF THE GLOBAL ECONOMY,
SECOND TO NONE IN THE TECHNOLOGICAL COMPETITION THAT WILL
DETERMINE ECONOMIC LEADERSHIP IN THE DECADES AHEAD.
-- WE MUST ENTER THE 21st CENTURY AS A NATION WHOSE
PEOPLE ENJOY FREEDOM, OPPORTUNITY, AND A QUALITY OF LIFE
THAT FULFILLS THE AMERICAN PROMISE -- A SOCIETY THAT DRAWS
ITS STRENGTH FROM THE INDIVIDUAL, THE FAMILY, THE
COMMUNITY, AND A GOVERNMENT WISE ENOUGH TO RESPECT THOSE
INSTITUTIONS AS THE CORNERSTONE OF OUR DEMOCRATIC SYSTEM.
25
WE'VE GOT WORK TO DO -- WORK THAT WON'T WAIT -- GREAT
WORK TO ENSURE THAT THE NEXT CENTURY NOW ON THE HORIZON
WILL BE A NEW AMERICAN CENTURY.
THANK YOU VERY MUCH. ((AND NOW, UNLESS THAT WAS ALL
PERFECTLY CLEAR TO ALL OF YOU, I'LL TAKE SOME QUESTIONS.))
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