Museado / NARA Collection gb-spe — Collection gb-spe
Recent Folios
Login Register
English (inglés) español magyar (húngaro) हिन्दी (hindi)

Survos folio item chat

Back to Real Estate Representatives 12/2/91 [OA 6039]

Ask the Scholar

Document scope · 1 page
doc
Scholar
Ask about this object, its catalog metadata, its source description, or the page inventory. For page-specific OCR and visual context, open one of the page chats.

Scholar Source Context

Document identity
localId
323151740
label
Real Estate Representatives 12/2/91 [OA 6039]
core
doc
dtoType
document
citationUrl
https://catalog.archives.gov/id/323151740
pageCount
1
Source metadata
id
323151740
sourceUrl
https://catalog.archives.gov/id/323151740
contentType
document
title
Real Estate Representatives 12/2/91 [OA 6039]
citationUrl
https://catalog.archives.gov/id/323151740
identifierLocal
13592-005
collections
Records of the White House Office of Speechwriting (George H. W. Bush Administration)
Speech Draft Files
iiifBase
https://s3.amazonaws.com/NARAprodstorage/lz/presidential-libraries/bush/gb-spe/speechwriting_draft_chron_578973/41-bpr-speech-draft-chron-13592-005_323151740.pdf
thumbnailUrl
https://s3.amazonaws.com/NARAprodstorage/lz/presidential-libraries/bush/gb-spe/speechwriting_draft_chron_578973/41-bpr-speech-draft-chron-13592-005_323151740.pdf
largeImageUrl
https://s3.amazonaws.com/NARAprodstorage/lz/presidential-libraries/bush/gb-spe/speechwriting_draft_chron_578973/41-bpr-speech-draft-chron-13592-005_323151740.pdf
imageCount
1
hasImages
yes
source
import
hasTranscription
no
Source extras
url
https://catalog.archives.gov/id/323151740
naId
323151740
levelOfDescription
fileUnit
recordType
description
ocrSource
nara-archive
Single page context
seq
1
pageIndex
0
type
document
url
https://s3.amazonaws.com/NARAprodstorage/lz/presidential-libraries/bush/gb-spe/speechwriting_draft_chron_578973/41-bpr-speech-draft-chron-13592-005_323151740.pdf
mediaId
3e790788eaa77b73
ocrText
Originally Processed With FOIA(s): FOIA Number: S S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Draft Files Subseries: Chron File, 1989-1993 OA/ID Number: 13592 Folder ID Number: 13592-005 Folder Title: Real Estate Representatives 12/2/91 [OA 6039] Stack: Row: Section: Shelf: Position: G 26 17 4 7 REAL ESTATE REPRESENTATIVES TALKING POINTS ROOSEVELT ROOM DECEMBER 2, 1991 / 10:00 A.M. I'D LIKE TO THANK SECRETARY BRADY AND GOVERNOR SUNUNU FOR ARRANGING THIS MEETING. I ALSO WANT TO RECOGNIZE SECRETARY KEMP; JOHN ROBSON, DEPUTY SECRETARY OF TREASURY; MICHAEL BOSKIN, CHAIRMAN OF THE COUNCIL OF ECONOMIC ADVISORS; AND ROGER PORTER, MY DOMESTIC POLICY ADVISOR. RECENTLY, I'VE HAD MEETINGS WITH A WIDE RANGE OF BUSINESS PEOPLE, INCLUDING CORPORATE CEO'S, BANKERS, AND SMALL BUSINESS OWNERS, AND I'M PLEASED TO BE HERE WITH YOU TODAY. -2- I AM NOT SATISFIED WITH THE CURRENT LEVELS OF ECONOMIC GROWTH. ALTHOUGH GNP BEGAN TO RISE THIS SUMMER, WE NEED TO GENERATE MORE JOBS, MORE GROWTH. I RECOGNIZE THAT MANY OF YOU IN THE REAL ESTATE INDUSTRY HAVE SUFFERED A GREAT DEAL DURING THE RECESSION. THE AVAILABILITY OF CREDIT REMAINS A MAJOR PROBLEM. -3- WE'VE WORKED FOR OVER A YEAR WITH REAL ESTATE GROUPS AND WITH BANK REGULATORS ON STEPS TO ENSURE THAT REGULATORY POLICY DOESN'T IMPEDE CREDIT EXPANSION. AND I THINK OUR RECENT CREDIT CRUNCH PROPOSALS WILL HELP. IN THE HOMEBUILDING SECTOR, RECENT REPORTS SHOW THAT NEW CONSTRUCTION AND EXISTING HOME SALES ARE RISING. HOWEVER, THE PACE IS TOO SLOW. BUT WE SHOULDN'T LOOK AT REAL ESTATE IN ISOLATION. -4- HOME EQUITY IS THE LARGEST ASSET FOR MOST AMERICAN FAMILIES. REAL ESTATE PROBLEMS AFFECT THOSE FAMILIES WEALTH AND SENSE OF WELL-BEING. LOW HOME VALUES AFFECT THEIR WILLINGNESS TO SPEND OR RISK MONEY IN INVESTMENTS. LOW REAL ESTATE VALUES DEPRESS CONSUMER CONFIDENCE. THIS IS TRUE OF THE COMMERCIAL REAL-ESTATE SECTOR AS WELL. THE COMMERCIAL REAL-ESTATE SECTOR WON'T FULLY RECOVER UNTIL THE ECONOMY PRODUCES MORE TENANTS. WE NEED MORE WIDESPREAD ECONOMIC GROWTH. -5- A CAPITAL GAINS TAX CUT WOULD HELP. IT WOULD SPUR INVESTMENT, CREATE JOBS, AND RAISE THE VALUE OF ALL HOMES AND COMMERCIAL PROJECTS. THE OTHER ELEMENTS OF OUR PACKAGE WOULD HELP BOLSTER THE ECONOMY, INCLUDING OUR FAMILY SAVINGS AND IRA PROPOSALS. UNFORTUNATELY, CONGRESS HAS SPENT THREE YEARS BLOCKING MY GROWTH PACKAGE. I'M SURE YOU'VE BEEN DISCUSSING WITH GOVERNOR SUNUNU, SECRETARY BRADY, AND CHAIRMAN BOSKIN THE RENEWED PUSH WE WILL GIVE OUR PROGRAM TO PROMOTE ECONOMIC EXPANSION. 28953955 Document No. WHITE HOUSE STATTING MEMORANDUM 11/27/91 3:00PM, TODAY, NOV. 27 DATE: ACTION/CONCURRENCE/COMMENT DUE BY: PRESIDENTIAL TALKING POINTS: MEETING WITH REAL ESTATE REPRESENTATIVES ROOSEVELT ROOM, DECEMBER 2, 10:00AM SUBJECT: ACTION FYI ACTION FYI VICE PRESIDENT HORNER SUNUNU MCCLURE SCOWCROFT PETERSMEYER DARMAN N/C PORTER BRADY ROGICH BROMLEY SMITH McBRIDE CARD SNOW DEMAREST FITZWATER BOSKIN given tots GRAY Schearv 2607 HOLIDAY N/C REMARKS: Please provide comments on the attached directly to Tony Snow, Rm. 122, x2930, with a copy to this office NO LATER THAN 3:00PM, TODAY, WEDNESDAY, NOVEMBER 27. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 see * But we shouldn't look at real estate in isolation The LGA commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package Parter would help bolster the economy, including our Family savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu, and and Chairman Roskin CEA with Secretary Brady/ the renewed push we will give our program to promote economic expansion. C9A * Insert: Home Equity is the largest asset for most American families. Real estate problems affect those families wealth and SENSE of wall bring Low home valves affect their willingness to spend or risk Money in investments 1 low real estate values depress consumer confidence This is true of the commercial real-estate sector as well Talking Points: Meeting with Real Estate Representatives A10 : 21 December 2, 1991 / Roosevelt Room / 10:00 a.m. I alsont to recognize Channan Michael Channan Boshing I'd like to thank Secretary Brady and Governor Sununu for of the CE arranging this meeting, which follows discussions Recently I've had meetings with a wide range of business people, including corporate CEO's, bankers, and small business owners LEA and I'm pleased to before with mention be in attendence. Boskin, who will) Partle you today. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, C4A we need to generate more jobs and More growth disappointing levels of consumer confidence continue to weigh down the economy I recognize that many of you in the real estate industry Rept The have suffered a great deal during the recession. It has C9A availability of credit Femoins a major problem. been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy dõesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. SENT BY:The TICKET CENTER 11-27-91 ; 17:01 ; LEGISLATIVE AFFAIRS- 6218;# 2 28953955 Document No. 91 NOV 27 P5: 04 WHITE HOUSE ST G MEMORANDUM 11/27/91 DATE: ACTION/CONCURRENCE/COMMENT DUE BY: 3:00PM, TODAY, NOV. 27 PRESIDENTIAL TALKING POINTS: MEETING WITH REAL ESTATE REPRESENTATIVE SUBJECT: ROOSEVELT ROOM, DECEMBER 2, 10:00AM ACTION FYI ACTION FYI VICE PRESIDENT HORNER SUNUNU MCCLUBE SCOWCROFT PETERSMEYER DARMAN PORTER BRADY ROGICH BROMLEY SMITH MCBRIDE CARD SNOW DEMAREST BOSKIN FITZWATER. GRAY HOLIDAY REMARKS: Please provide comments on the attached directly to Tony Snow, Rm. 122, x2930, with a copy to this office NO LATER THAN 3:00PM, TODAY, WEDNESDAY, NOVEMBER 27. Thank you. RESPONSE: Brief Comments ** 11/27/91 PHILLIP D. BRADY Assistant to the President fiel and Staff Secretary SENT BY:The TICKET CENTER 11-27-91 ; 17:02 ; LEGISLATIVE AFFAIRS- 6218;# 3 Talking Points: Meeting with Real Estate Representatives AID: 21 December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for RECENTIY arranging this meeting, which follows discussions I'vejhad MEETINGS with a wide range of business people, including corporate CEO's, bankers, and small business owners, AND Im' PLEASED to bE HERE with you TODAY As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. Onas ?what has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy doesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. SENT BY:The TICKET CENTER :11-27-91 ; 17:03 ; LEGISLATIVE AFFAIRS- 6218:# 4 But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. o A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. INITIATIVES. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. THE WHITE HOUSE WASHINGTON NOV 27 P3: 43 November 27, 1991 MEMORANDUM FOR TONY SNOW FROM: ROGER B. PORTER RBP SUBJECT: Presidential Talking Points: Meeting with Real Estate Representatives We have reviewed the attached set of presidential talking points and have noted a few suggested changes on the draft. If you have any questions or we can be of further assistance, please let us know. CC: Phillip D. Brady 28953955 Document No. WHITE HOUSE ST MEMORANDUM 11/27/91 DATE: 3:00PM, TODAY, NOV. 27 ACTION/CONCURRENCE/COMMENT DUE BY: PRESIDENTIAL TALKING POINTS: MEETING WITH REAL ESTATE REPRESENTATIVE SUBJECT: ROOSEVELT ROOM, DECEMBER 2, 10:00AM ACTION FYI ACTION FYI VICE PRESIDENT HORNER SUNUNU MCCLURE SCOWCROFT PETERSMEYER DARMAN PORTER BRADY ROGICH BROMLEY SMITH McBRIDE CARD SNOW DEMAREST FITZWATER BOSKIN GRAY HOLIDAY REMARKS: Please provide comments on the attached directly to Tony Snow, Rm. 122, x2930, with a copy to this office NO LATER THAN 3:00PM, TODAY, WEDNESDAY, NOVEMBER 27. Thank you. RESPONSE: PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Talking Points: Meeting with Real Estate Representatives A10 : 21 December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy doesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package FAMILY would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. 28953955 Document No. WHITE HOUSE STA MEMORANDUM 91 NOV27 All:53 11/27/91 3:00PM, TODAY, NOV. 27 DATE: ACTION/CONCURRENCE/COMMENT DUE BY: PRESIDENTIAL TALKING POINTS: MEETING WITH REAL ESTATE REPRESENTATIVES ROOSEVELT ROOM, DECEMBER 2, 10:00AM SUBJECT: ACTION FYI ACTION FYI VICE PRESIDENT HORNER SUNUNU MCCLURE SCOWCROFT PETERSMEYER DARMAN PORTER BRADY ROGICH BROMLEY SMITH McBRIDE CARD SNOW DEMAREST BOSKIN FITZWATER GRAY HOLIDAY REMARKS: Please provide comments on the attached directly to Tony Snow, Rm. 122, x2930, with a copy to this office NO LATER THAN 3:00PM, TODAY, WEDNESDAY, NOVEMBER 27. Thank you. RESPONSE: OK Bo for SR PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Talking Points: Meeting with Real Estate Representatives NOV 27 A10:21 December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy dõesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. 28953955 Document No. WHITE HOUSE ST MEMORANDUM 91 NOV 27 P1:01 11/27/91 3:00PM, TODAY, NOV. 27 DATE: ACTION/CONCURRENCE/COMMENT DUE BY: PRESIDENTIAL TALKING POINTS: MEETING WITH REAL ESTATE REPRESENTATIVI SUBJECT: ROOSEVELT ROOM, DECEMBER 2, 10:00AM ACTION FYI ACTION FYI VICE PRESIDENT HORNER SUNUNU MCCLURE SCOWCROFT PETERSMEYER DARMAN PORTER BRADY ROGICH BROMLEY SMITH MCBRIDE CARD SNOW DEMAREST FITZWATER BOSKIN GRAY HOLIDAY REMARKS: Please provide comments on the attached directly to Tony Snow, Rm. 122, x2930, with a copy to this office NO LATER THAN 3:00PM, TODAY, WEDNESDAY, NOVEMBER 27. Thank you. RESPONSE: 540 comman PHILLIP D. BRADY Assistant to the President and Staff Secretary Ext. 2702 Talking Points: Meeting with Real Estate Representatives A10: 21 December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. WauLD HAVE HELPED TO HAVE our BANKING BILL PASSED We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy dõesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. Talking Points: Meeting with Real Estate Representatives December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy doesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. Talking Points: Meeting with Real Estate Representatives December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy doesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion. Talking Points: Meeting with Real Estate Representatives December 2, 1991 / Roosevelt Room / 10:00 a.m. I'd like to thank Secretary Brady and Governor Sununu for arranging this meeting, which follows discussions I've had with a wide range of business people, including corporate CEO's, bankers, and small business owners. As you know, I am not satisfied with the current levels of economic growth. Although GNP began to rise this summer, disappointing levels of consumer confidence continue to weigh down the economy. I recognize that many of you in the real estate industry have suffered a great deal during the recession. It has been made more difficult by bankers traumatized by the S&L debacle and the credit crunch. We've worked for over a year with real estate groups and with bank regulators on steps to ensure that regulatory policy doesn't impede credit expansion. And I think our recent credit crunch proposals will help. In the homebuilding sector, recent reports show that new construction and existing home sales are rising. However, the pace is too slow. But we shouldn't look at real estate in isolation. The commercial real estate sector in particular won't fully recover until the economy produces more tenants. We need more widespread economic growth. A capital gains tax cut would help. It would spur investment, create jobs, and raise the value of all homes and commercial projects. The other elements of our package would help bolster the economy, including our savings and IRA proposals. Unfortunately, Congress has spent three years blocking my growth package. I'm sure you've been discussing with Governor Sununu and with Secretary Brady the renewed push we will give our program to promote economic expansion.