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Sunday, January 13, 2013

 How the “Fiscal Cliff” Is Making Us All Indebted Servants to Wall Street 
,
Capitalism  | [Richard] Wolff points out that with the general stagnation of wages (adjusted for inflation) over many years, buying power of the working class consumer, as a trend, is only advanced through increased debt. It is a money-squeeze by the oligarchy, an exquisitely perverse strategy. Indeed, it has been an Alice in Wonderland version of Ayn Randian destruction of the asset value of the public commons.

Wednesday, February 29, 2012

 Who Stole the American Dream in Broad Daylight? 
,
Alan Greenspan  |Capitalism  | Donald Goldmacher: It is really important for Americans to understand that attacking the very idea of government being there for the working-class family was a critical first step in undermining what many people felt was the American dream. This opened the door to advocates for free-market fundamentalism, with Alan Greenspan (who was himself a devotee of Ayn Rand) as their high priest, who are no different than any other religious zealots.

Wednesday, February 22, 2012

• • • Thomas Frank Talks With Truthout on How Wall Street Doubled Down on Trashing America’s Economy 
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Atlas Shrugged  |Capitalism  |Individualism  | [Frank:] [....] [W]hat is really spectacular is how this alarming historical episode got processed through the right's upside-down machine and came out as the story of how power-hungry leftists tried to "transform America" by force during a crisis: Rather than Hank Paulson and Co. bailing out their friends, it was Big Government trying to get its fingers around the throat of free enterprise. This was the moment, you will recall, when sales of "Atlas Shrugged" really spiked, and the great fear of a crazed government reacting to hard times by grabbing economic power really got going.

Wednesday, August 10, 2011

• • The White House Gives Credibility to the Psychotic Radicals of the Tea Party | BuzzFlash.org 
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Capitalism  | President Obama implicitly and explicitly asserts that those who would protect Medicare and Social Security, for instance, are leftist counterparts to Ayn Rand followers who want to destroy the federal government and create free-market anarchy to replace it.

Saturday, June 04, 2011

 Why Does the Corporate Mainstream Media Shut Out Bernie Sanders? 
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Paul Ryan  | The corporate mainstream media generally “balances” the Ayn Rand extremism of Paul Ryan [...] with a so-called “centrist” Democrat.

Tuesday, November 30, 2010

• • • What do Ayn Rand, FOX Fraudcasting, and Alan Greenspan have in common? 
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Alan Greenspan  |Ayn Rand Institute  |Atlas Shrugged  |Capitalism  |Egoism  |Yaron Brook  | FOX’s Freedom Watch - with Judge Andrew Napolitano as the host - is one of the few shows that could tout “the virtue of selfishness” on Thanksgiving, which it did. Napolitano had a spokesman on from the Ayn Rand Institute exalting the “morality” of not caring about the fate of other people, while Napolitano bemoaned the money that the government “steals” from the well-off to help those less fortunate. Rand’s extremist cult of the ego fits like a glove with unregulated capitalism because the moral high ground is defined by the acquisition of personal wealth without any obligation to society.