Try reading it again. It describes Libertarians perfectly.
Ayn Rand on Libertarianism:
Q: What do you think of the Libertarian movement? [FHF: The Moratorium on Brains, 1971]
AR: All kinds of people today call themselves libertarians, especially something calling itself the New Right, which consists of hippies, except that theyre anarchists instead of collectivists. But of course, anarchists are collectivists. Capitalism is the one system that requires absolute objective law, yet they want to combine capitalism and anarchism. That is worse than anything the New Left has proposed. Its a mockery of philosophy and ideology. They sling slogans and try to ride on two bandwagons. They want to be hippies, but dont want to preach collectivism, because those jobs are already taken. But anarchism is a logical outgrowth of the anti-intellectual side of collectivism. I could deal with a Marxist with a greater chance of reaching some kind of understanding, and with much greater respect. The anarchist is the scum of the intellectual world of the left, which has given them up. So the right picks up another leftist discard. Thats the Libertarian movement.
I am not an anarchist, nor are most “libertarians” in the United States. The term “libertarian” in the United States generally applies to minarchist libertarians (http://en.wikipedia.org/wiki/Minarchism) or classical liberals (http://en.wikipedia.org/wiki/Classical_liberalism). Again, you are attacking a straw man. Nobody here is advocating anarchy. We are arguing for federalism. The federal government should be constrained to the 17 specific powers it is empowered by Article I, Section 8 to legislate regarding (and nothing else) as reinforced by the 10th amendment. Drug laws, if they exist at all, should be done on the state level.