WHY ARE WE IN THIS FINANCIAL DISASTER - SHOULD WE READ AYN RAND???

1. Two very different points of view relative to Ayn Rand and a Phil Donahue interview with Ayn Rand during the Carter administration
2. Tom McClintock who had warned California for years offers some ideas
3. How much of our problems are our legislators creating???

Stephan Colbert had one point of view

http://www.youtube.com/watch?v=b-tIY99QFFk&NR=1

Atlas Shrugged and the Tea Party Revolts had a different point of view

http://www.youtube.com/watch?v=3tNheAEHprI

Phil Donahue interviewing Ayn Rand during the Carter administration and discussing her views including President Carter

http://www.youtube.com/watch?v=FzGFytGBDN8

Ayn Rand said, "Morality is the judgement to distinguish right and wrong, vision to see the truth, courage to act upon it, dedication to that which is good, integrity to stand by the good at any price."

I believe that pure capitalism doesn't work because the greedy human capitalist will enslave the workers. Unions were formed by humans for good purpose and they quickly became drunk on power and greed. We need a mix which keeps the union/politician alliance from putting borrowed money which our country does not have into companies, bankrupting the company, shoving aside secured creditors and sharing the spoils with their union joint venture partner who funded and backed their elections and then competing with a successful private company who has to survive against the playmoney backed government companies. The voters need to extract their craniums from their anuses and look at what is happening and insure that free enterprise will produce products and provide services. We cannot take care of others if we do not take care of ourselves. LaLaLand will be destroyed if we start to believe that the government which does not create wealth because it is OVERHEAD EXPENSE can provide employment for everyone.
Tom McClintock warned us several years ago that this would happen in California and now we are teetering on bankruptcy and furlowing public employees. He wrote about tough love for California which includes, "Today, California faces a paradox: despite record levels of spending and borrowing, it can no longer produce a decent road system, educate its children, or lock up its prisoners. Those who blame the recession for California’s budget crisis profoundly misunderstand the nature of that crisis. Even before California’s revenue began to shrink, the state government was running a chronic $10 billion deficit and piling up unprecedented debt. The recession is merely the catalyst; the underlying cause is rampant mismanagement of the state’s resources. California spends $43,000 to house a prisoner while many states spend just half that. California spends over $11,000 per pupil, but only a fraction of that ever reaches the classroom. California has one of the most expensive welfare systems in the country and yet one of the worst records of moving people off welfare. "

http://mcclintock.house.gov/2009/06/tough-love-for-california.shtml

DENIAL WORKS ONLY UNTIL YOU RUN OUT OF TIME TO DENY AND REALITY CRASHES DOWN UPON YOU.

This is nothing new. Margaret Thatcher pointed out that socialism works until you run out of other people's money and that might be why China is expanding with zero capital gains tax and going to short term US debt and they broke into laughter when Tim Geightner spoke to a group of Chinese about America being in good shape.

Ayn Rand also said, "Devotion to the truth is the hallmark of morality; there is no greater nobler, more heroic form of devotion than the act of a man who assumes the responsibility of thinking." as well as, "I am, therefore I'll think."

DOING MORE OF WHAT DOESN'T WORK DOESN''T WORK. NON OF US ARE SURE OF WHAT IS, BUT IN MY THINKING, OUR CURRENT GOVERNMENT IS BUILDING A POWERFUL STRUCTURE INSTEAD OF REPRESENTING THE PEOPLE OF OUR COUNTRY.

Just one example is Thirty Billion Dollars to Chrysler to "keep it from going bankrupt" which is approximately $7,000,000.00 per employee if they have 40,000 employees. Would there seem to be a better way or was this a plan which had a different purpose? I acknowledge the ripple effect and cities in need of employment, but this would more than bail out the entire state of Califonia. Maybe we should get some people capable of good business decisions instead of the best politicians money can buy. That is why no major investigation of FannieMae/FreddieMac is going on - it would end up shining light on Barney Frank, Maxine Waters and that group being irate a few years ago when John McCain was pushing a bill for more regulation. The WIIers don't look at the real world and try to get our country back on track. They would rather be spoon fed what they feel good believing. Reality is harsh. The politicians are like a person passing gas and pointing to Wallstreet. They will crucify Enron or Bernie Madoff and then ignore the country's financial problems until a major crash which makes Enron look like pocket change and helps bring the world economy into crisis. The WIIers continue to sing "All is well in LaLaLand" kind of like Ceasar fiddling around until reality crashed in upon him.

My term WIIer = Willfully Ignorant Intellectuals refers to the good, intelligent people whom I respect, but do not understand. I am reading articles from foreign papers and looking at sites which challenge my beliefs, but a lot of the liberals I discuss the Fannie/Mae-FreddieMac debacle and ACORN turn off and don't want to hear what might challenge their desired belief. Dennis Prager in an interview with Justice Thomas pointed out that conservatives think that liberals are good people who are misguided and liberals think that conservatives are bad people. This would explain how a lot of the media presentations are targeted at each group of recipients. The more emotional a persons response (including mine in several cases), the more the person should test their views. It could be that the premise is faulty and not the other side's logic that upsets us.