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Local News

August 26, 2009

Waurika banker named to Gingrich economic task force

WAURIKA — WAURIKA — When news of the appointment came down, Pryor Waid thought it was a case of mistaken identity.

“When I first was informed,” the president of Waurika’s First Farmers National Bank said, “I thought they had me confused for somebody else.”

That wasn’t the case, however.

Newt Gingrich, former Speaker of the House and general chairman of American Solutions, was indeed interested in honoring Waid and appointing him to the advisory board of a national task force that’s addressing the economy.

First, Waid was named a 2009 Entrepreneur of the Year for the state of Oklahoma by Gingrich’s Business Defense and Advisory Council.

Then Waid was asked to serve on the advisory board of the Jobs and Prosperity Task Force. The task force is Gingrich’s attempt to “pick the brains” of some of the nation’s most successful and accomplished business leaders and entrepreneurs by focusing on the theme “Jobs Here, Jobs Now, Jobs First.”

Waid accepted the appointment and is among fewer than 40 individuals nation-wide who’ll be advising the task force.

In a press release that accompanied a plaque acknowledging Waid’s entrepreneur award, Gingrich said the Jobs and Prosperity Task Force was spurred by last year’s economic downturn and the nation’s current unemployment situation.

“We’ve given Washington a chance,” Gingrich said, “(and) it has failed miserably and has proven to be so inept at job creation that our unemployment rate, as President Obama himself said, ‘blew past’ his own administration’s projection of 8 percent.

“Now it’s time for the people who know how to create jobs and prosperity, know what it means to stick to a budget and make payroll — the business leaders of this country — to come together and clean up this mess.

“We’re thrilled to have Mr. Waid on board as we begin the work to get this economy back on track.”

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