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    « New Garmin 430 iPhone App and a Contest That Could Pay You Cash! | Main | Update: New Regulations To Raise Cost of Flight Instruction »

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    effed by SSH

    Actually the Silver State Helicopter loans were for 69,000.00 not 50. Where were you folks when the crap hit the fan for the silverstate students? We are still dealing with this because no one has done anything to ensure that this does not happen again.

    Only now that you are effected do you even care.

    Max Trescott

    effed,
    I'm sorry you were apparently caught up in the the Silver State Helicopter bankruptcy. A few days ago, I received an email from a friend who's President of a company that manufacturers equipment for the helicopter industry stating that "Silver State was a ponzi scheme from the beginning." Apparently nobody realized that--not students, pilots, industry, associations or even "you folks" as you refer to my CFI colleagues and me. As to "Where were you folks," we were exactly in the same position as everyone else--in the dark and totally unaware of what was taking place. And yes, people do care and they have done something to ensure that this does not happen again. Sadly however, the current law--meant to protect students like you in the future--has gone too far and threatens to destroy an entire industry. In essence, it throws out the baby with the bathwater. Inspite of the injury that's been done to you, I'm sure you'd agree the solution is not to destroy hundreds if not thousands of jobs to prevent a recurrence of what happened to you. There are effective ways of protecting students without destroying the industry and hopefully the legislature will find a compromise that's effective at protecting the needs of students without destroying jobs of the many innocent professionals that make up this industry.

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