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Paulson: What would we do if Ayn Rand's novel were real?
Ventura County Star ^ | 3/16/2009 | Terry Paulson

Posted on 03/16/2009 11:46:56 AM PDT by Signalman

President Barack Obama’s rapid race into socialism is creating an escalating tax revolt. With a never-ending stream of stimulus packages and new entitlement programs, the Americans who will be stuck with the bill are shouting a clear message: “Enough!”

Many organizations are calling for a Tax Day Tea Party (http://taxdayteaparty.com/) on April 15. To Democrats, “the rich” aren’t paying their “fair share,” but many of the top 20 percent of wage-owners who pay 83 percent of the income taxes are taking to the streets.

Yes, Obama is my president, and as Warren Buffett said, “We’re all in the same boat.” But if the boat’s captain is so busy enjoying his applauding throng to notice that he’s sending us full-speed into an iceberg, you’d better do more than just disagree.

Writing letters, complaining to your representatives, even tax-revolt protests may not be enough. When workers reject their contract, they strike. Maybe it’s time for Atlas to do more than shrug! Is it time for the top tax-paying Americans to strike?

John Galt, the fictional protagonist in Ayn Rand’s classic novel “Atlas Shrugged,” responded to the growing regulations and taxation in Rand’s fictional socialist America by convincing “the rich” to leave and let socialism fail. How would you respond if John Galt wrote this letter today?

My fellow taxpaying Americans,

I write you to warn you and to challenge you. We deserve this economic collapse. We’ve allowed our politicians to sacrifice justice to forced compassion, trade our freedom for government dependence and confiscate earned wealth to fund more entitlements.

For more than two centuries, the American Dream has demonstrated what excellence unleashed can do, but for decades, politicians have conducted a war on excellence. Personal responsibility has given way to entitlement. Instead of honoring excellence, we elect politicians to confiscate as much money as possible from wealth producers to fund entitlements for those who haven’t earned it.

Some of today’s bailout recipients are no better than burglars, but burglars don’t ask us to sanction their crime. As the government seizes your wealth through unfair taxation rates, liberal politicians want voluntary compliance from you, the tax-paying victims.

When America began, government cost the average citizen $20 in today’s money. That’s $20 a year! Taxes rose during wars, but for most of the history of America, spending never exceeded a few hundred dollars per citizen.

During and after World War II, government just kept expanding.

The cost of the recent stimulus packages alone is more than $18,000 per household. We are witnessing the climax of over 70 years of creeping socialism. America created a system that produced the wealth of the world, and we’re letting the destroyers dismantle it.

Citizens and companies now compete not to achieve but to receive the biggest bailouts. The responsible citizens pay, and the beggars collect. But money taken from the achievement of others won’t buy intelligence for the fool, admiration for the lazy or respect for the incompetent. The irresponsible takers are unwelcome hitchhikers.

We have always been a compassionate people, but compassionate Americans, not the government, should help their neighbors in need.

When those who fund our growing federal debt stop buying, who’ll pay the bill? Washington could confiscate all the taxable income of everyone making over $75,000 and it would barely produce $4 trillion.

Our unchecked entitlement system will eventually collapse; I challenge you to make that happen now! It’s time for Atlas to shrug — to calmly, consciously and deliberately go on strike for true fairness. Our collective response must be simple and non-violent: “No more! I will cease to achieve, invent, produce, hire, serve or invest until all Americans pay the same flat income-tax rate!”

Re-engage when America once again is a country that protects everyone’s rights — the right to property, the right for every person to rise as far as she’s able. We ask for no special rights — only freedom to take our own risks, to bear our own losses and to experience our own rewards.

For those of you who voted for this liberal takeover, take pause. Do you have so little confidence in yourself and your children’s ability that you can’t succeed without government subsidies?

It’s not too late to choose freedom over dependence, earned rewards over entitlement and personal responsibility over collective rights.

American automobile companies can emerge from bankruptcy with a smaller but more vibrant business model. Out of a bankrupt America can emerge a leaner government based on America’s founding principles. With shared equal responsibility and shared equal opportunity, a new optimism and entrepreneurial spirit will unleash an economic recovery like we have not seen in decades.

Risk striking for a new America worth believing in!

— John Galt

There is no letter. There is no strike. John Galt does not exist. How would you respond if he did?


TOPICS: Business/Economy
KEYWORDS: atlasshrugged; aynrand; fairytale; galt; paulson; rand; shrug
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To: Paladin2
Economics is not a Science.

Is that why colleges and universities offer Bachelor of Arts degrees in Economics, but Bachelor of Science degrees in Accounting?

21 posted on 03/16/2009 12:09:13 PM PDT by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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To: andy58-in-nh
"Yes, but I’m getting treatment. "

Eeewwwww, sorry I asked.

22 posted on 03/16/2009 12:10:10 PM PDT by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: WayneS

I’d argue that Accounting is not a Science either. (See Madoff, et al.).


23 posted on 03/16/2009 12:11:49 PM PDT by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: sten

so, sten ... does taking rand seriously mean that you hide your capital letters just like you’d hide any other capital?


24 posted on 03/16/2009 12:12:31 PM PDT by r9etb
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To: Paladin2

It MIGHT be a science if done CORRECTLY, though.


25 posted on 03/16/2009 12:14:02 PM PDT by WayneS (Respect the 2nd Amendment; Repeal the 16th)
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To: Paladin2

You know, if it weren’t for metaphors, we’d all be up a creek without a paddle.


26 posted on 03/16/2009 12:14:14 PM PDT by andy58-in-nh (You have enemies? Good. That means you've stood up for something, sometime in your life.)
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To: ducdriver

EXACTLY......then on to cash only.


27 posted on 03/16/2009 12:15:45 PM PDT by rightwingextremist1776
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To: weps4ret
Reading the Fountain Head right now. Whew, I'm about 3/4 through and still don't know what to make of Gail Wynand. Don't tell me, let me find out.

But Rand's description of the power of liberal media is freaky! How words and ideas and books become "plugged" across storylines until they seep into the mass consciousness...

28 posted on 03/16/2009 12:16:23 PM PDT by Clock King
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To: Islander7
My sister-in-law is a very sweet person, but has never had the desire to hold a full-time job. She takes government funded training as a condition to continue her payments, but refuses to turn the skills thus required into actual work. Her reasoning: she is a widow with dependent children. She is also an expert in the various government programs. By the time the costs of working are deducted, living off the government pays better for her situation.

Still, she has enough sense to vote Republican because she understands the economy for people like her will always be better long term when the adults are in charge. I once suggested to her that with her expertise on the various government programs, she could make a good living steering people on how to get their share.

She looked at me like I was crazy and said "there's no market for that when the experts are already working for the government and giving away this advice for free."

29 posted on 03/16/2009 12:16:50 PM PDT by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
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To: Paladin2
Laffer is not just the punchline to a joke.

Indeed, well stated

30 posted on 03/16/2009 12:17:31 PM PDT by Las Vegas Ron (FUBO, he says we should listen to our enemies, but not to Rush - and zer0 has already failed)
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To: WayneS

The Accounting theory is changing all the time. Plus the Feds and the LAW have an input. Numbers don’t lie by there are plenty of lying accountantacy systems (the Fed gov’t as the prime example).


31 posted on 03/16/2009 12:18:16 PM PDT by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: andy58-in-nh
Even the Obameister cannot redistribute that which has never been created.

I think the correct statement would be be Even the Obameister cannot redistribute that which has never been reported. Tax cheating, working for cash will be the norm for the middle class.

The big multinational corporations will relocate their headquarters to friendly countries that will help them hide their income. State owned businesses only pay taxes if their home countries fear what would happen if they didn't. With the military neutered and the "Soft Power" the liberals love so much destroyed by a collapsed banking system how do you make foreign nations pay up? What if China decides to apply tax owed by their companies doing business in the US directly to the debt they hold rather than giving it to Obama to distribute. Oh, I'm sure The One will squeal like a pig, but what can he actually do about it?

The rich will just declare themselves citizens of Barbados, Switzerland or some other nation that is willing to become a flag of convenience in exchange for a nominal fee from the new immigrants. When the Communists took over Vietnam there was the exodus of the Boat People. Now that the Communists have taken over the United States we will see an exodus of the Yacht People.
32 posted on 03/16/2009 12:19:00 PM PDT by GonzoGOP (There are millions of paranoid people in the world and they are all out to get me.)
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To: andy58-in-nh
"You know, if it weren’t for metaphors, we’d all be up a creek without a paddle."

I don't know about you, but as a Boy Scout, we always carried at least one extra paddle for trips into the wilderness.

33 posted on 03/16/2009 12:21:27 PM PDT by Paladin2 (No, pundits strongly believe that the proper solution is more dilution.)
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To: Bobkk47
What would we do if Ayn Rand's novel were real?

I would quit medicine and move to Galt Gulch.

34 posted on 03/16/2009 12:24:00 PM PDT by SC DOC
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To: WayneS
As a guy with a master's in economics, I can tell you that the best profs in the business are those who teach it like a science. They are extremely well-grounded in math and economic modeling.

Economics lost much of its cachet when it begin to admit liberal arts and behavioral science people who dumbed-down the math and turned a science into an art of deception, behavioral manipulation and political excuse making to explain away all the failures of the left.

I had thought these nimrods reached their zenith during my undergraduate years during the Carter administration when a 1950's theory called the Phillips Curve was dusted off to explain why both unemployment and inflation could continue to rise indefinitely. The only solution was lowered expectations.

Then Reagan was elected, the Phillips curve was put back into its 1950's limited context and I thought we would never hear about it again.

But Oba Mao's current team of economics advisors has ensured that it will be brought back.

35 posted on 03/16/2009 12:24:51 PM PDT by Vigilanteman (Are there any men left in Washington? Or, are there only cowards? Ahmad Shah Massoud)
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To: Vigilanteman

LOL

Thank you first laugh I have had today.

I am not disparaging your SIL, but the insanity of her statement
Would appear that she is more knowledgeable of govt than minions that are dispensing govt largesse.

There is a statement attributed to known statesman in 18th or 19th century that fits this situation but name and reference escapes at this time.


36 posted on 03/16/2009 12:25:33 PM PDT by Nailbiter
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To: Bobkk47; Republican Extremist; Boucheau; betsyross60; kalee; shezza; fanfan; wfu_deacons; ...
STARVE THE BEAST!

Atlas Shrugged ping!

37 posted on 03/16/2009 12:27:20 PM PDT by jellybean (Who is John Galt? ~ Bookmark http://altfreerepublic.freeforums.org for when FR is down)
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To: GonzoGOP
The rich will just declare themselves citizens of Barbados, Switzerland
If this were an option, why haven't they done so already? BTW, do you have any idea what the taxes in Switzerland are like? There's your first hint.
38 posted on 03/16/2009 12:29:16 PM PDT by Mr. Know It All
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To: Paladin2
I don't know about you, but as a Boy Scout, we always carried at least one extra paddle for trips into the wilderness.

As did I, as a youngster at Camp Literal. We lost our Scoutmaster though. He was trying to teach us how to tie flies, and...

39 posted on 03/16/2009 12:31:26 PM PDT by andy58-in-nh (You have enemies? Good. That means you've stood up for something, sometime in your life.)
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To: r9etb

:)

the lack of caps was due to being on the road with a laptop. the keyboard gymnastics for my (big) fingers were sacrificed for speed


40 posted on 03/16/2009 12:33:01 PM PDT by sten
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