This is what happens when you sell your soul to the devil

By accepting federal bailout funds, Wall Street executives, auto industry barons, and bankers have essentially sold their soul to the devil.

In the short term, the big shots got what they want--a quick influx of cash from the federal government to keep their firms solvent.

But just like those literary victims who sell their souls to "Old Scratch," the devil, oops, the federal government ends up in control

This morning I watched Barack Obama on Fox News tell reporters that he is limiting the pay of executives of Wall Street firms who have accepted bailout funds to $500,000 a year.

That's a lot more than I make.

Of course, perhaps these captains of finance should be thrown over board. Or maybe they should get paid what they were receiving before September's financial collapse.

But should the federal government be making these decisions?

What's next? Will the feds be monitoring advertising expenditures? Or the type of office supplies the firms buy? Who they use for shipping?

It's a slippery slope....

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