We will know the lesson of “Atlas Shrugged” and Rand when businesspersons facing accusers in Government and/or media, stand up like Rearden for their right to produce and trade freely, when they take pride in their profits and stop apologizing for creating wealth. >> more
A great day for the United States of America?
A reminder of what a great power can do when its back is against the wall?
A historic move by a lame-duck administration many thought could no longer solve any problems?
It will be some time before we know whether this week will go down in history as all, or even some, of those things. But as the largest bailout in government history unfolded in almost dizzying waves over recent days, a very different view prevailed at the Ayn Rand Center for Individual Rights, an outpost of free-market, anti-government thinking located just a few blocks from the newly aggressive and highly interventionist Department of Treasury in downtown Washington.
"It's a complete disaster," said Yaron Brook, the executive director of the center. "Its a form of national socialism of the financial markets...This is socialism 101." >> more