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  • From: bobf <bobford79 AT yahoo.com>
  • To: Wendy <crazygardens AT verizon.net>, homestead AT lists.ibiblio.org
  • Subject: Re: [Homestead] Atlas Shrugged - Fiction to fact in 52 years
  • Date: Sun, 11 Jan 2009 05:42:33 -0800 (PST)

You make a very good case , Wendy. One correction is that I think President
Reagan wanted to get the government off the backs of 'all' business --big &
small--not just big business. He also wanted to keep the government off 'my'
back and yours, something I do find appealing.

Unfortunately, he didn't account for the rapacicious greed and hubris
inherent in this present generation of moneychangers invilved in big business
and banking; not to the degree that the Congress would become nothing more
than their errand boys. And had he know that most all of the titans of
banking and industry would become and support liberal democrats, he might
have been red-faced.

I liked your critique, though, as much as I liked the original article. I
think that thousands of bankers; big business CEOs and board members; and
other various moneychangers 'and' politicians should be under federal and
state indictment , right now.

It will not happen, though. They own or frighten almost all of the
politicians, regardless of party identification. Only Ron Paul, Dennis
Kucinich, Jeff Flake and a few others will stand up to them, and those who do
are considered 'fringe' or 'nuts'..........

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--- On Sat, 1/10/09, Wendy <crazygardens AT verizon.net> wrote:

> From: Wendy <crazygardens AT verizon.net>
> Subject: Re: [Homestead] Atlas Shrugged - Fiction to fact in 52 years
> To: bobford79 AT yahoo.com, homestead AT lists.ibiblio.org
> Date: Saturday, January 10, 2009, 8:19 PM
> Mr. Moore draws parallels to Atlas Shrugged that do not
> exist. Atlas Shrugged is about economic collapse due to the
> imposition of socialistic policies (an attempt to even out
> everyone and their status in society). What is happening
> today, is a result of Reganomics -- give the wealthy the
> freedom to do what they do best (i.e. make money) and wealth
> and prosperity will "trickle down" on everyone
> else. This crisis is NOT the result of too many
> regulations, but the result of insufficient oversight and
> regulation of the flow and use of money at the very top of
> our economic structure. Remember "Get the government
> off the backs of big business"?The real wealth of our
> economy was sucked up and pocketed by those at the top.
> Nothing "trickled down" and no one at the bottom
> experienced any prosperity. Small businesses were bought
> out by the giants. Common folk were tricked into turning
> over their money to brokers and "investors" who
> gave them worthless pieces of paper and artificially
> inflated properties. Small businesses are gone and the
> common folk are bankrupted. After Common Joe was
> financially raped, they took those notes which were backed
> by Bankrupt Joe and repackaged them as another sellable
> commodity (money markets, hedge funds, etc) (think making a
> silk purse out of a sows ear) and marketed them to those who
> were only marginally wealthy or wanted to pretend that they
> were. Completely opposite scenario.
>
> Wendy
>
>
> > >From this am WSJ . I am a fan of Rand, as are
> many others. But, I am >one (rarely mentioned, but
> 'is' mentioned in this editorial); that has a
> >problem with a seemingly lack of compassion in her
> ideology. Anyway, >this is an interesting commentary of
> how today's events seem to mirror >much of the
> fictional plot lines in Atlas Shrugged....bobf
> >http://cartoonbox.slate.com/stevekelley/
> >
> >
> -----------------------------------------------------------------------
> >
> >
> > OPINION: DE GUSTIBUS JANUARY 9, 2009
> >
> > 'Atlas Shrugged': From Fiction to Fact in 52
> Years Article
> >
> >
> > By STEPHEN MOORE
> >
> > Some years ago when I worked at the libertarian Cato
> Institute, we used to label any new hire who had not yet
> read "Atlas Shrugged" a "virgin." Being
> conversant in Ayn Rand's classic novel about the
> economic carnage caused by big government run amok was
> practically a job requirement. If only "Atlas"
> were required reading for every member of Congress and
> political appointee in the Obama administration. I'm
> confident that we'd get out of the current financial
> mess a lot faster.

> >







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