You can't just rewrite a contract without the other parties consent. Is that what you're suggesting? Can you give me explaination how that would work?

Sure he had the "power" to withhold payment to any and all of his employees or contractors. Those people could sue and eventually get their money after a legal battle costing the company more money in legal fees. Geez, that makes a lot of sense....

What scares me is that some of our govt officials even suggested as much. Don't you find that disturbing?