Liberal economics professor Paul Krugman -- perhaps better known as a New York Times columnist -- is on the faculty of the cash-strapped, taxpayer-funded City University of New York system. He is analyzing the problem of income inequality. He is drawing an annual salary of $225,000.

In the White House a large pay gap still exists between male and female employees. Data shows men earn an average annual salary of $78,000 while women are paid only $65,650. That's a gender gap of 15.8 percent. The "war on women" that Democrats blame on Republicans actually is being conducted by the commander-in-chief -- a Democrat.

Federal housing giants Fannie Mae and Freddie Mac still owe taxpayers $188 billion from a bailout from the 2008 financial crisis. Salaries of their CEO's were capped at $600,000 in 2012. Yet the federal regulator of the two agencies raised each of those salaries to $4 million. What's wrong with this picture?