What companies are you willing to bail out.

[Eric Merryfield]

Originally Posted by B Parker

With all the talk about bail out money for large corporations what do you think? I'm all in favor about bail out money for companies that are vital in keeping are country going. But I do believe any company that receives free bail out money should not have anyone on their payroll that makes more than 250,000 this year. You want to see some crazy numbers take a look at what the CEO's of the major Airlines make. It will shock you. I'm sorry I don't want to see my tax money given to a company that the CEO's make millions. BP

Delta's top ten make from 2 mil to 14 mil.

I don't have any issue loaning $ to corporations provided that they are under the same terms and condititions that we as small business owners are gifted with........and something that easily could be done to ensure that the $ was really needed, and not just wanted.

Officers get to PG(personally guarantee for those that aren't familiar with the ways of the sub 25 million dollar company world) Additional security in the form of a mortgage on their real property...........I think that an amount equal to 5 times last years compensation(in all form, pay, stock, benefits) should be enough to focus them and keep them focused.

So if you are Delta, and you really, really think you need the loan, and have exhausted all of the other forms of $, as the CEO, you'd be looking at a what 70 million dollar PG and lien. That should keep them focused and get that loan repaid ASAP. Default and the IRS will repo that fine country estate.......

Also, to be fair, and perhaps now is the time, CEO's shouldn't be earning more that 10X the lowest paid employee.

Off my soapbox, and back to trying to find small businesses that I understand, can justify the investment in and can aquire at a non-stomach churning price! If that might be yours, PM me.

Eric

[astikhossw]

I’m trying to figure out what this has to do with tech.i though subjects like this went to the lounge so a person that didn’t want to see it wouldn’t have to.

[Randy Wells]

Originally Posted by astikhossw

I’m trying to figure out what this has to do with tech.i though subjects like this went to the lounge so a person that didn’t want to see it wouldn’t have to.

Lighten up sooner, this is way more important then racing right now, when life gets back to normal we can go back to racing.
Randy Wells
Wells Bros
5034 C/SA

[CMcAllister]

Bail out, invest, help the ones that will keep their jobs and manufacturing in America. Or will bring it all back here from wherever it was moved to.

Penalize, tariff, charge, those who have moved or bought and sent good American manufacturers to China, to help pay for this mess - unless they move it all back here, fast. They want to build it there, build their economy, give them the tech, and sell it here, there's a penalty for doing that.

Cut the red tape, get the EPA and the rest of the bureaucracy off their backs so they actually want to be here and can sell their product at prices people want to pay.

This shouldn't ever happen again. All I'm going to say.