Star One Smart Blog's

Heh. Are we now living in Atlas Shrugged ? Bit players in an Ayn Rand novel? So it seems...

But as I am listening to the hearing on executive compensation and TARP special master (how crippy is this title?), I realize we are now officially living in a world that resembles an Ayn Rand novel. One man, one unelected government official, not even a Cabinet member confirmed by the Senate, has the power cut the pay of executives in private businesses by 50 percent or 90 percent in the banks the government now “owns.” A single individual is given too much power without accountability. But more importantly, this charade  masks the fact that the world we live in has nothing to do with capitalism. It’s nothing more than crony capitalism. The government went around bailing out out automobile companies that were producing cars that people didn’t want to buy, bailing out banks that were careless with their capital and assets, and bailing out homeowners that couldn’t afford the houses they were buying.

Fiscal responsibility is forgotten when social needs are given preference...

Socialism is the doctrine that man has no right to exist for his own sake, that his life and his work do not belong to him, but belong to society, that the only justification of his existence is his service to society, and that society may dispose of him in any way it pleases for the sake of whatever it deems to be its own tribal, collective good.

Thus the fiscal policy of our current Government, that spending monies we don't have and can't raise, and using redistributive methodologies is good-man proper, well and correct. All to promote the social well-being of (as it seems to me) worthless clods who haven't taken advantage of their born-in-the-greatest-Nation EVAH! opportunities.

On a lighter note...

---