Remarks Following a Video Teleconference With Iraq Provincial Reconstruction Team Leaders and Brigade Combat Commanders by ProQuest

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I've just finished a meeting with our Ambassador and General Odierno, members of our-some of the PRTs, Provincial Reconstruction Teams in Iraq, four folks who have been spending time in Iraq. We are having success in Iraq. And one of the main reasons why is, we're implementing an innovative strategy that combines our military with civilian expertise to help people at the grassroots level build a society that will lay the foundations for peace.

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									                                                               Administration of George W. Bush, 2008 / Oct. 15                                                               1347

                                                               shares will eventually be sold back to the                      Remarks Following a Video
                                                               Government [banks]. *                                           Teleconference With Iraq Provincial
                                                                  Secondly, the program is limited. In other                   Reconstruction Team Leaders and
                                                               words, the Government will buy only a cer-                      Brigade Combat Commanders
                                                               tain number of shares in individual banks.                      October 15, 2008
                                                               These banks will be privately controlled. In
                                                               other words, the liquidity measures being                          I’ve just finished a meeting with our Am-
                                                               taken are structured such that the Govern-                      bassador and General Odierno, members of
                                                               ment will be a passive investor. In other                       our—some of the PRTs, Provincial Recon-
                                                               words, there won’t be Government officials                      struction Teams in Iraq, four folks who have
                                                               sitting on the boards of private companies.                     been spending time in Iraq. We are having
                                                                  These are extraordinary measures, no                         success in Iraq. And one of the main reasons
                                                               question about it. But they’re well thought-                    why is, we’re implementing an innovative
                                                               out, they are necessary, and I’m confident                      strategy that combines our military with civil-
                                                               in the long run this economy will come back.                    ian expertise to help people at the grassroots
                                                                                                                               level build a society that will lay the founda-
                                                                  Mr. Secretary, I want to thank you and
                                                                                                                               tions for peace.
                                                               your team for working hard during these ex-
                                                                                                                                  And so it’s been a fascinating discussion,
                                                               traordinary times.                                              and I come away with a couple of thoughts.
                                                                  We analyzed the situation very carefully.                    One, America is fortunate to have coura-
                                                               And the American people must understand                         geous souls volunteer to help develop an ally
                                                               that this carefully structured plan is aimed                    in the war against extremists, to develop a
                                                               at helping you. If I’d have thought this situa-                 democracy in a part of the world where a
                                                               tion would have been contained only to Wall                     lot of people said a democracy could never
                                                               Street, we’d have had a different response.                     flourish; and secondly, that we are imple-
                                                        
								
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