Tuesday, September 30, 2008

Wall St and Ayn Rand Pt 2

Further to my Saturday post, Wall St: What would Ayn Rand think? the timely words of a commenter ...

Here's a timely quote from Rand. It's almost as if she could see the future - though in reality, she was simply restating what she had seen in Communist Russia.

"Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion–when you see that in order to produce, you need to obtain permission from men who produce nothing–when you see that money is flowing to those who deal, not in goods, but in favors–when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you–when you see corruption being rewarded and honesty becoming a self-sacrifice–you may know that your society is doomed."
(Thanks to reader: Brian)

Also included in his comment:

... "if you would like to know exactly what government manipulations of the economy brought us to this crisis, read this excellent article - written 8 years ago - which predicted the whole thing.

2 comments:

MK said...

Interesting quote, anyone listening?

Oh yeah, the constituents of those congressmen who knocked back the bailout plan.

Tapline said...

I hope the news media get this bit of information.....great find... I've given it to a couple of people we will see what develops if anything....