U.S. Chamber of Horrors?
Regarding "Obama's Tormentor" (Features, Nov. 8): Where was the U.S. Chamber of Commerce during the eight years where President Bush added to the national debt an amount equal to that incurred by all Presidents before him? The focus and energy spent by the Chamber of Commerce highlights the crisis America faces from the leadership at the highest levels of industry.
Looking to politics and government to resolve their business issues, Mr. Donohue wants less regulation, yet during Bush's watch the banks were not sufficiently supervised, and the public is left with an immense bailout. Business' primary focus is to remain in the cozy comfort of the 20th century, despite a burgeoning global population and a deteriorating environment.
The U.S. faces a shortage of serious leadership. Obviously the U.S. Chamber of Commerce is a leader of the problem, not the solution.
Larry Mowrer, Lincoln, Calif.
How interesting. A third-rate hit piece on the U.S. Chamber of Commerce in a probusiness magazine. Who knew that the Chamber is just a bunch of fat-cat lobbyists standing in the way of the probusiness agenda of the Democratic Congress?
James R. Dailey, Brimley, Mich.
A Bad Dream
The Valedictorian's Dilemma" (Politics & Policy, Nov. 15) expressed, in my opinion, the view that undocumented illegal immigrant students should be considered for U.S. citizenship despite blatantly lying on applications to Ivy League schools and colleges. They do this to better themselves by breaking the laws of the U.S.? Am I missing something here? At least 18 students, according to the article, have been approved for full-ride scholarships to attain a bachelor's degree at Harvard, paid for by the college and ultimately the American taxpayers.
The proponents and supporters of the Development, Relief and Education for Alien Minors (Dream) Act are very clear in their demand for this bill to pass Congress, despite the misleading language of the bill, which would allow for "illegal immigrant minors" to gain U.S. residency as a direct result of their parents breaking U.S. federal immigration laws. The fact that they were under 16 years old when they came illegally to the U.S. does not change the fact that they turned 18 and became adults, illegally. Had these students committed any federal crime at 18, they would have been treated as adults, so why is this fact simply forgotten when dealing with college students who break the law and lie to gain a free education?
I found the article both interesting and perplexing. You see, I'm a legal immigrant living in the U.S. for nearly 10 years and educated in England. I'm a proud holder of an electrical engineering bachelor's degree, with 26 years' experience in electrical power studies, and I'm still waiting for the U.S. Immigration Service to process my petition for permanent residency.
I'm not opposed to illegals gaining a better life, but the Dream Act does not take into account the legal residents who have followed all the rules and yet face prejudice.
John Carroll, Chandler, Ariz.
Lay Off the Layoffs
Former Executives Bomb at the Ballot Box" (Politics & Policy, Nov. 8) made a telling point regarding Carly Fiorina's failed campaign. Over and over we saw those commercials damning her for the outsourcing of jobs. Obviously, this was a major issue for the voters in California. Why isn't it a major issue for the fresh-out-of-business-school hotshots on Wall Street? Every time a company announces job layoffs to achieve greater efficiencies, it is rewarded by analysts. The same companies come back next year with another round of cutbacks. And the next year, and the year after that.
Isn't it time that layoffs got corporate managements a black eye for not being prudent enough to manage their staffing better? Layoffs cost a lot in severance. Layoffs kill internal company morale. Layoffs give the company a bad reputation among the general public.
Am I the only investor who looks at a company's record of staff reductions as an indication of its incompetence?
Dave Ingraham, San Diego
Right, Wrong, and Mortgages
"Shredding the Dream" (Features, Oct. 25) was insightful in many ways. Foremost was Mr. Lents' position of forcing the noteholder to produce the promissory note for his residence. "It's the law," he says. Funny that a guy of high legal principles would only apply those principles when it benefits himself. The security sales laws he was supposed to follow evidently didn't apply to him—or they were inconvenient. Law or no law, there is right and wrong. He knows he owes some amount on his mortgage. No doubt he can produce his copy of the promissory note. Why not simply do the right thing? Mr. Lents' sense of right and wrong must be situational. If it's in his best interest, he will do what is right, or what is wrong—it doesn't matter as long as his interests are served.
There is plenty of blame to go around, but there is right and wrong. It starts with the individual owning up to his/her mistakes, bad luck, misfortune, or whatever. Do what's right and move forward.
Paul Humes, Pickerington, Ohio
'We Want Smaller Government'
Although one is not entitled to his own facts, Jon Meacham can certainly twist the facts in his disgruntled, pious analysis of the election ("Beyond the Extremes," Opening Remarks, Nov. 8). Excuse me, Mr. Meacham, my taxes have gone up (maybe in the liberal universe, real estate taxes don't count), and I am still searching for those tax cuts that 95 percent of working families received under Obama.
Apparently when Republicans win it is by "brute force," as opposed to by deception, when Democrats win. Save your whiny, arrogant opinions for your liberal friends and don't sermonize on the need for "enlightened pragmatism," as if the electorate is irrational when they don't vote Democratic.
We know what we want, obviously you don't. We want smaller government (as Thomas Jefferson encouraged), less taxes, no Obamacare, no energy taxes, and less spending. Is that so hard for you to understand? No country ever taxed its way into prosperity.
By claiming that The New York Times (the bastion of liberal propaganda) is the disseminator of the truth shows where your true sympathies lie. So please don't insult our intelligence with your "enlightened" view of the election. The politicians know that this time we will keep their feet to the fire and not accept this continued drift toward socialism.
Igor Shpudejko, Mahwah, N.J.
I subscribe to this magazine, but I'm not sure why after reading big-time lefty Jon Meacham's Opening Remarks. Meacham couldn't recognize misguided economic policy if it slapped him in the face. Even his writing style is elitist. This whole joint needs a vacation from the Fed being so important in their lives.
Guess you guys missed the point a couple of Tuesdays ago. Pick it up or I'm gone.
Denny J. Lamers, Neenah, Wis.
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