Burns is a liar.
Maybe I'm not connecting the dots here, a link would be helpful, but I fail to see how the rejection of our moral obligations caused the recession
Greenspan may have been a Randian when he was young, but I never got the impression that what he did while in power was what she would have recommended.
Many folks wonder (out loud, even) if it was Rand herself who ghost-wrote those articles attributed to Greenspan in her books.
Amazing.
Ok, Christians intensely dislike Rand because she was atheist,,got it. Personally I think one of the stupidest things any man could do would have been to date the woman.
That said, an attempt to lay the *any* blame for this recession upon her philosophy, is one of the most uneducated, unsupportable things i’ve ever read.
If she ever wrote 2+2=4, there seems to be a bizzarro lunatic sect that would declare it to be wrong, and feel like they are somehow protecting God by doing so.
Just how can anyone after reading any of Rand writing or books mix Christianity and Objectivism???
I've read them all and the main reason I reject Objectivism is it's lack of any Christian values
What silliness. Greenspan was the CEO and CFO of a counterfeiting ring known as The Fed. His primary job was to convince the American public that this ring of gangsters was operating on it’s behalf. This behavior is hardly a characteristic of libertarianism, Libertarianism or Objectivism. Greenspan is no different than your typical mobster or conman. In a rational society he would be Maddof’s cellmate.
Rand would rejoice that our companies and the affluent are sitting on unprecedented wealth while our government and nonprofits are struggling financially.
Really? Our government is broke because of greedy businesses?
But of course the Sermon on the Mount, whose messenger borrowed a donkey, an upper room, and a tomb during Holy Week alone, suggests that we are to lend to anyone in true need.
And this is a justification for massive government debt?
The biblical discouragement of unholy alliances should have named that tune as syncretism. But the angry white man of 1994 sings on at today's tea parties. And his anger is still primarily over economic issues. ... How might more of us be found joyfully working in God's harvest rather than angrily wasting time, talent, and treasure drowning tea?
So the economic mess is the responsibility of people trying to limit government. Got it.
The author also takes shots at Larry Burkett, Dave Ramsey, and Glenn Beck. It's quite the hit piece. Rand was a mean, nasty little person as the author points out repeatedly. But his assertion that somehow that makes her loathing of big government wrong is asinine.
Ooooh... Collective Salvation, anyone?
1. That is a gross oversimplification of Rand’s “Objectivism”.
2. It was governments attempt to be “compasionate” with other people’s money that triggered the sub-prime crisis,not capitalism, Objectivism, or any other kind of ism.
God... a being whose only definition is that he is beyond man’s power to conceive.
Ayn Rand
If any civilization is to survive, it is the morality of altruism that men have to reject.
Ayn Rand
Achievement of your happiness is the only moral purpose of your life, and that happiness, not pain or mindless self-indulgence, is the proof of your moral integrity, since it is the proof and the result of your loyalty to the achievement of your values.
Ayn Rand
Ask yourself whether the dream of heaven and greatness should be waiting for us in our graves - or whether it should be ours here and now and on this earth.
Ayn Rand
Every aspect of Western culture needs a new code of ethics - a rational ethics - as a precondition of rebirth.
Ayn Rand
Every man builds his world in his own image. He has the power to choose, but no power to escape the necessity of choice.
Ayn Rand
Guess blaming it on Bush got old.
If this is the whole post and not an excerpt, it really wasn’t worth posting.
Epic fail.
Objectivism rejects forcing others into subservience in the name of “moral obligations”, not the obligations themselves.
There’s a book written by Barron’s editor Gene Epstein called “Econo-spinning”. It has chapters exposing BOTH Greenspan and Paul Krugman as charlatans....Greenspan AND Bernanke never made a single prediction that came true...and both made predictions based on a rosy accessment of their own monetary policy.....
Post #3 has a link to an interesting article about Rand from a religious perspective.
Greenspan wrote an articulate defense of the gold standard. I don’t think there’s any evidence that he pushed to restore the gold standard in the U.S. and many have commented that someone with such beliefs would end up being central banker to the largest economy on the planet. A return to the gold standard and floating exchange rates would obviate the need for a central banker.