Another warning comes from a university economist that "The most egregious problem with the salary cap for corporate executives, as with all other restrictions and requirements that are attached to federal bailout funds, is that it sets a frightening precedent" (" The camel in the tent ," Feb.11 and PghTrib.com).
I have a flash for George Mason U's Economics Chairman Donald Boudreaux:
The really frightening precedent that should have every true capitalist retching in the street is that the government is using our tax dollars to bail out these incompetents in the first place.
Ed Collins
West Newton
