...then start delegating the workload otherwise more and more work keeps getting pilled up on him and the rest of staff...
You don't remember? He has trust issues!
Who is he Drake?

we all know the reality for theymos.
...the people you hire turn out not to be trustworthy...
Wasn't he talking about the people he hired to for the new forum software development or hiring someone else to run the forum? I can understand that, but if he doesn't trust existing staff members with certain things here then I'm not sure what we're doing on staff in the first place. How many of us are going to jeopardise our position here and for what? The longer we don't trust others with certain things the board continues to go down the toilet and if theymos isn't going to be doing certain things then somebody needs to be doing them.
-snip-
It's clear he doesn't want to make any of these changes because he likes the traffic that bounty spamming brings. The irony is that as all the real members get bored and leave, all that will be left is spammers spamming other spammers. There's no profit in that, so the campaigns will stop paying for it and then the traffic will really fall.
You can make changes here without effecting the traffic at all, but there needs to be some compromise. Removing signatures from lower ranks doesn't effect anybody's ability to post here and they can still collect bounties, they just can't earn from posting until they've got ten merit. That's a small price to pay and if you can't earn ten merit then you probably don't deserve to earn from posting here in the first place.