New Legislation That Could Cripple Travel
When the lights go out in the major cities across America I can guarantee you the American people will not care about "failed" Government bailouts, TARP Money, executive bonuses or compensation and least of all who is to blame. Most of us have gone through the four (4) stages of grief: Shock, Denial, Grief and Acceptance.
Senator John McCain (R-AZ) said yesterday on Fox News, that it is probable that the Government should have let AIG go bankrupt and maybe the Government should have. I don't pretend to know.
What I do know is the Government and the Media should stop their feeding frenzy which is devastating to the US travel Industry. The Travel industry lost 200,000 job in 2008; 247,000 more jobs are estimated to be lost in 2009. Hotels, restaurants, taxis, airlines, cruise lines, buses, and limousine companies are being destroyed at an alarming rate because of the unending Media coverage of AIG. As usual, no one in Government is responsible and the Government and Media are looking for someone to blame for the irresponsible handling of the TARP money......The people get it. The money is gone!
But what we don't get is why the Government and Media is "fiddling" while our cities are "teetering" on disaster. Can you please give us some information on that looming crisis?
Jonna Sabroff, Executive Vice President / Legislative Chairman

Senator John Kerry (D-MA) is proposing legislation that would ban all 421firms including the nation's largest banks that received money from the Troubled Assets Relief Program (TARP) from hosting, sponsoring or paying for conferences, holiday parties and entertainment events.
If this legislation is passed I don't need to tell you the profound impact it would have on the business travel industry and the nation's economy. This legislation would not only impact the affected companies, it would also have a chilling, immediate impact on all companies.
This media driven witch-hunt is scaring companies that have never taken a cent of TARP funds to cancel meetings because of the negative images being portrayed. This hurts travel managers, hotels, airlines, rental cars, EVERYONE! It is estimated that without the jobs generated by meetings and conventions unemployment would jump from 7.6% to 8.2%!
You, as the expert in business travel, must educate Congress on the importance of managed travel and the benefits it brings. NBTA has issued a set of guidelines to the U.S. Treasury for effective managed travel based on your practices. You have made travel for meetings and events a cost effective tool that help businesses grow. We need to give these real world practices time to work.
We can't afford negative news stories to drive Congress to manage travel. You have to make sure our government knows that.
Kevin Maguire, President & CEO
National Business Travel Association

I would like to share with you the most recent news regarding the "Meetings Mean Business" Campaign. The following message from the U.S. Travel Association is evidence that the industry's combined efforts are beginning to change Washington, D.C.'s attitude towards business travel. LA INC. continues to work closely with the U.S. Travel Association to spread the word about this important campaign and will keep you informed of new developments.
Thank you to those who have participated in outreach regarding this issue. We encourage everyone to become involved in the "Meetings Mean Business" campaign by contacting congressional representatives and communicating to them how important this industry is to our city.
Sincerely,
Mark Liberman, President & CEO
LA INC. The Los Angeles Convention and Visitors Bureau
