Politicians shame corporations into canceling retreats -- and add to local and national economic woes Politicians eager to score political points by attacking events like the one Wells Fargo & Co. planned in Vegas should remember that each canceled event adds time to this long economic recession.
The Wells Fargo event in Las Vegas would have provided income to hundreds of people employed by the hotels, restaurants and casinos in Las Vegas. Bloomberg.com reported that the canceling of corporate meetings is adding to the casino industry's woes. Wynn Resorts, the biggest U.S. casino company by market value, has said that it will cut pay for all salaried employees in Las Vegas and reduce hours for others as the recession drives away consumers. Wynn shares have lost 75 percent of their value in the past year.
Canceling corporate events like this one for Wells Fargo will increase the use of unemployment benefits, cut consumer spending and force the government to use our taxpayer bailout money to help the same people who would have been employed by this event.
Let's ask our politicians why they support canceling events like this one yet support taxpayers bailing out these same workers by paying for longer unemployment benefits, food stamps, health insurance and stimulus projects aimed at hiring these same people who would work the canceled events and not needed any taxpayer bailout relief.
AL GIRAUD, MINNEAPOLIS
Better relations with Muslim world would start with honest self-examination There are a few missing references in the Feb. 2 letter "Respectful relations with Muslims world have been rare": the cozy relationship that the United States had with the shah of Iran, the deportation of many Muslims since 9/11, the U.S. policy and inaction in Darfur, the war on terror moving to Iraq and the misinformation disseminated from the Bush administration that Iraq was somehow involved with the attacks on 9/11.
I believe that in order to move forward with respectful relations the United States has to acknowledge that our foreign policy has not always been respectful. We also need to be mindful of the instances noted. I hope that the Obama administration along with Secretary of State Hillary Rodham Clinton can move beyond the myopic and broad-brushed argument contained in that letter and find us a better footing with peaceful Muslims across the globe.
ROANN CRAMER, MINNEAPOLIS