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Businessweek Archives

Quit Bickering And Govern Already

Readers Report

Quit Bickering and Govern Already

Come on, fellas, its time to quit the jockeying for political power and get about the business of running the country ("Let's all work together--once we've nuked Bush's Cabinet," Washington Outlook, Jan. 22). President Bush, true to his campaign promise, has chosen a cabinet diversified in ethnicity, gender, race, and political affiliation. Senators should limit their scrutiny to the qualifications of cabinet appointees. I welcome the offer of bipartisanship and cooperation extended by the Democratic Party to the Bush Administration.

John E. Perme

Port Charlotte, Fla.Return to top

Bush's "Recession Insurance" Could Pile Up the Debt

The idea that the surplus will grow to cover a $1.6 trillion tax cut is less certain as the economy falters ("Not so fast with that tax cut, pardner," News: Analysis & Commentary, Jan. 22). I am afraid President Bush will push the idea of "recession insurance" to the point where the national debt will increase. While the surplus belongs to "the people," so does the debt--along with its huge interest payments. Let's pay it off.

Mary Schafer

Petaluma, Calif.Return to top

Those Megamergers Don't Help the Customer

What America really needs is another Theodore "Trust Buster" Roosevelt ("The ever-shrinking skies," News: Analysis & Commentary, Jan. 22). The Time Warner/AOL merger and the proposed American/United deal only hurt the customer. Leave it to the government to force Microsoft Corp. to split, when all they ever did was put out one superior product after another.

Chris W. Fitzpatrick

Upper Montclair, N.J.Return to top

Kobe Steel Is Not About to Go Under

In "Japan: This time, it could get nasty" (International Business, Jan. 15), Kobe Steel was mentioned without stating that the source of the information was an analyst's report. We were one company on a list of 44, which included Japan's top five steel companies. Readers might have misunderstood--thinking that, following Sogo and Chiyoda, Kobe Steel could be the next in line with a high possibility of going under. We have been making a number of moves to restructure, including improving our finances. We are hardly the next company to go bankrupt.

Hiroji Izumi

General Manager

Secretariat & Publicity Dept.

Kobe Steel Ltd.

TokyoEditor's note: In the analyst's report mentioned, ING Barings (Japan) Ltd. listed Kobe as part of Corporate Japan's "Problem 44." Readers could have concluded that Kobe was in danger of bankruptcy. We should have cited the report, and we regret not giving Kobe an opportunity to respond.Return to top

Risking the Peace in China

Refusing World Trade Organization entry to China and putting up a missile shield is a very dangerous game ("Star Wars II: Less ambitious, so more likely?" International Outlook, Jan. 22). If we tumble the reformists in the Beijing government through our myopic viewpoint, we have lost peace and a progressive world political arena.

Bob Averill

Montpelier, Vt.Return to top

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