Outrage misplaced

If a rise in nationalism (in all respects) wasn't enough. The United States is turning into 1938 Mexico. First, we have outrage over the high gas prices (nobody was complaining was big oil was giving us gas at 99 cents per gallon). Then, we have outrage over corporate executives getting rewarded for good performance.

I must stop here before I produce the third point that makes us 1938 Mexico. I love how there is no outrage over how much A-Rod makes in ten years ($252 million). It is called hypocricy.
Next, we have a great article in the Economist pointing out WHY Lee Raymond is making $400 million as a retired man...

Mr Raymond has enjoyed a remarkable record of using its capital to earn high profits—one reason why it has easily outperformed most other large oil companies in terms of total shareholder returns.

And it is the shareholders, after all, who pay Mr Raymond—and who have done well out of Exxon themselves. The real executive compensation scandals are those cases when bosses do well, while their shareholders do not.

And lastly, we now have senators calling for Big Oil to be broken up, be robbed of their profits (through a windfall profits tax), and now a senators want to investigate whether gas price gauging is occuring. Two words for these hysterics....demand and supply!

We should embrace high gas prices. The market is working by telling drivers, "Find alternative forms of energy." This is the best way to get hybrids on the road. Government only makes this move worse. For instance, ethanol is a great alternative by creating flex fuels. However, we 'protect' our ethanol farmers with a54-cent per gallon duty. (Note: The liberal Renewable Fuels Association says that the tarriffs are not a "barrier to entry". Thus confirming that liberals know nothing about economics.)