Wall Street likes do-nothing Congress

01/11/2014 8:01 AM

01/10/2014 3:07 PM

Re “Do-nothing House sets up to sink in new low in 2014” (Editorials, Jan. 7): In a totalitarian government, the last thing the controlling corporate powers want is a legislature that actually does something. If government leaders acted, the next thing you know they might enact laws contrary to the wishes of the corporations. For example, lawmakers might extend unemployment insurance, resulting in more business taxes. They might pass laws restricting Wall Street and banks. They might deal with ecological problems by imposing solutions that burden business in general. The only question is, how are these corporate giants going to enjoy their profits if the world becomes uninhabitable due to global warming?

-- Larry North, Sacramento

Editor's Choice Videos

 

Join the Discussion

The Sacramento Bee is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Terms of Service