I am using this as a rough draft to send to my congressmen.

You are making a mistake bailing out these banks, GM, and Ford.  The best thing you can do is to encourage companies and banks to go broke.  From their ashes will come new strong growth.  You should be happy that banks fail as better run banks will take over their assets.  Even if GM fails, it will allow Zenn, Tesla, BGAuto, CAT, ACAT, PII, Deere, HOG, and all auto related companies to take over GMs assets and facilities on the cheap.  Companies go broke all the time.  It is healthy for the strength and tax base of the United States.

You can really improve their corporation balance sheets if you illegalize stock options and eliminate the pay of top executives.  You might allow top executives to get minimum wage.  It should also be illegal to increase shares outstanding.  It should also be illegal for a company to buy stock and give that stock out as bonuses.  All the income executives would receive would be from increasing dividends from share positions they bought in the open market or when the IPO was created.  All dividends should come from earnings to assure taxes.

How do you get a new CEO if they aren't paid?   The largest shareholder is the CEO.  The CEO gets paid by dividends from stock ownership.  The CEO could also sell shares. There is no board of directors.  The largest shareholder or the CEO would probably hire an acting CEO.  Smaller shareholders could combine their voting power to become the majority shareholder and be responsible for the CEO.

To increase jobs and the build the economy in the country you should be increasing taxes and earmarks.  Tax generates revenues that directly creates jobs.  Such as cleaning the trash along the roads.   Every economic powerhouse has taxed their way into prosperity.  Earmarks, where people compete on projects, is a good way to spend tax dollars.  Earmarks should be distributed based upon state population.  California might use their earmarks to build a bullet train or build their own Mount Rushmore.  The earmarks should be listed so the public can see them to decide if the money was spend wisely.

To get back to stocks here is a list of foreign ADRs an close-end funds that pay over 10% dividend: YZC, GGB, AWC, ACH, IAE, IAF, EOD, E, ANGGY.