The New Face of Greed

Former Exxon chairman Lee Raymond (right) scored himself a nice pay package last year:

That was before new corporate documents filed with the Securities and Exchange Commission that revealed Raymond's retirement deal and his $51.1 million paycheck in 2005. That's equivalent to $141,000 a day, nearly $6,000 an hour. It's almost more than five times what the CEO of Chevron made.

Of course, the lefties are all in a tizzy because of this as gas prices are high and Exxon had the single best profits of any company in history last quarter. In the liberal world, profits are bad unless you own a movie studio. They fail to grasp the simple rule of business, make as much profit as possible for your shareholders:

Exxon defends Raymond's compensation, pointing out that during the 12 years he ran the company, Exxon became the largest oil company in the world and that the stock price went up 500 percent.

Raymond is an easy target as you can see by the picture. He has more chins than a Chinese phonebook and appears the very picture of a greedy capitalist in the eyes of the left.

Of course, those same lefties think that someone like Ben Affleck should get the most he can for making a bad movie like Gigli that tanks and loses money.