Perhaps you should do a little research on salaries before declaring that they are outrageous. Keep in mind that, first, there's about a ten year period of grad school and postdoc positions before you land the tenure track job, and then it's six years of busting your hump before you get tenure. After all that, a 9-month salary of $50K is by no means abnormal. There might be some outrage there, but we probably disagree on the direction of it.
Remember that for every big-name Harvard or Caltech superstar making $200K, there are 40 other academics working at least as hard as anyone in the "real world" for a small fraction of that salary (and no, they don't all have grad students to teach for them, and no, they don't just work 3 hours per week).