Government Hypocrisy
If the CEOs of banks that take federal money, including those who took federal money only after Hank Paulsen essentially ordered them, have their salary capped at $500,000, under what principle do we allow universities that request federal funding to pay their own presidents much more money? Is there a rational basis for the distinction, or is it simply that the Democrats do not want to go after one of their most important constituents?
Forget about the university presidents, what about the football coaches? One Hundred Billion dollar banks can't pay their CEO's or deal-makers more than $500,000, but state-run football programs can pay their coaches $ 4 million dollars?
