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Friday
Dec 05th
FrontPage arrow The News arrow Politics arrow Pago Tags Onto US Bailout Plan
Pago Tags Onto US Bailout Plan PDF Print E-mail
Written by Media Release   
Saturday, 04 October 2008

Congressman Faleomavaega announced yesterday that President Bush just signed the Emergency Economic Stabilization Act of 2008 into law, and Faleomavaega’s provision to extend 30A tax credits for American Samoa’s canneries is included.
 
            “In these financially difficult times when the US federal government is having to bailout Wall Street to protect Main Street, I want to once again thank my colleagues for supporting my efforts to protect American Samoa’s economy in the process,” Faleomavaega said. “American Samoa’s economy is more than 80% dependent either directly or indirectly on the US tuna fishing and processing industries, and the passage of 30A tax breaks to stabilize our cannery operations is critical for protecting the jobs of some 5,000 of our cannery workers.”





 
            “While the national media, including CNN, has questioned how or why American Samoa should get this special tax break, I want to thank Chairman Charles Rangel of the House Committee on Ways and Means and Chairman Max Baucus of the Senate Finance Committee for standing by my request and doing the right thing for American Samoa at this critical moment in our nation’s history. I also thank the House and Senate leadership.”
 
            “As I stated earlier today, I believe we have been successful in our efforts because of the continued support and prayers of our people, and this is why I thank our people most of all for their faith and trust. I also commend those who have stood with us as we have worked together for the past two years to strengthen our economy, stabilize our canneries, and protect the jobs of some 5,000 of our cannery workers. While there is much work left to do to shore up our economy, I will continue to do everything I can for our people,” Faleomavaega concluded. 




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Comments (1)Add Comment
The People Know
written by wow, October 06, 2008
Eni has obstructed the development of American Samoa. He works heavily for his corporate paymasters the Canneries for Profit. Not to say a profit corporation is bad, it says a lot of Eni the Congeressman, that bats 100 hundred percent for the same corporations that failed to provide living wages to their employee's, medical care to the same employees. and hardship issues concerning COLA cost, and other diverting issues with the same corporate illusionist for profit, that has made American Samoa the back stop of low cost one company town Pago Pago has become.

American Samoa has not had divergent strategy since Eni's redundant rise in politics. Count the times American Samoa has had a better future thru new jobs, new growth and the culture of corruption. Time tells you Eni has abetted the longsuffering of the People of American Samoa for purpose of for lack of a continue policy of business as usual. American Samoa needs something far different than what Eni has offered.

Eni is NOT trusted any longer for lack of basic solution. We cannot wait for another 15 years for Eni to get his act together. Sorry the future is to valuable left to the hands of quizling politicians who entrench into jobs that are "unreactive incumbant" and career solicitors of unworkable cause.

No Future for Amercan Samoa for Non-Term Limit surrogates In Washington D.C.


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