John Shaw: “Mr. Speaker, I must say that I agree very much with what my friend and colleague the gentleman from Florida just said…”

“Mr. Speaker, I must say that I agree very much with what my friend and colleague the gentleman from Florida just said, except his conclusion is wrong. We must first save the airlines. That is what is of utmost importance. I listened to the gentleman from Wisconsin (Mr. Obey) speaking on his concern about some of the obscene salaries that are continued to be paid while these airlines continue to hemorrhage red ink. I think the people who are considering the loans that we are being asked to guarantee should look very carefully at top executive salaries and see that these salaries should be based upon performance, and performance should be based upon, in part at least, the bottom line. When these airlines are continuing to lose money, the salaries at the top should not be in the figures that they are today. But this is for the loan people to figure out, and I hope that they do so. But thinking of this country, a collapse of the airline industry all across this country would be devastating.”