Sunday, August 12, 2012

PAUL RYAN PICK PROVES ROMNEY NOT PRESIDENTIAL

Finally, Mitt Romney has publicly admitted to the true direction republican politics has taken. With his pick of Paul Ryan, he embraced laissez faire economics and all it stands for. I have blogged on my Firetree site on Google Chrome several times about the connection of Paul Ryan and Ayn Rand, the guru of laissez faire economics with, like a sour lemon twist in a drink, the bitter twist of social Darwinism in the form of “survival of the richest” and to “hell” with everyone else—they will always be there but just do not matter.

Her philosophy is so bad and unmarketable that the failed president George W. Bush tried to avoid a connection by moving in the direction of compassionate conservatism. Of course, he failed; he could not sell to the American people the idea that to destroy social security would help them, to lower the minimum wage would help them, to eliminate the government would help them; the list seems endless.  Now unabashedly Romney embraces the worst of Republican Philosophy by picking the one man, Paul Ryan, in the congress of the United States that has proved he is the epitome of selfishness.

Ryan hides his association with Ayn Rand. While in was still in his small circle of Wisconsin right wing politicians, he bragged about his “love of her ideas”, because he was among friends. When he admitted such an association on the national stage, he was overwhelmed with criticism. Ryan is not an ideology but not a stupid man; he stopped admitting an association with her ideas but as a disciple, he hangs on her core beliefs. As an aside in taking about people who hide their association with her, Allen Greenspan, a former Federal Reserve Chairman, often sat in Ayn Rand’s kitchen absorbing her ideas.

What are working interpretations this ideology? Tea Party Republicans, not old-line conservatives, want to eliminate government regulation or economic regulation of any kind. This is laissez faire economics. The old-line conservative wanted regulation to protect them from each other. Nonetheless, the invisible hand of Adam Smith will still guide the market. This may have worked with cave men when the merchandise was meat, fruits, and roots; bulky things that could spoil. The idea was that a hunter, for example, would not soil his own nest with rotten meat; if they had excess, they shared it with neighbors in exchange for favors. If they do not do this, their neighbors will force them to leave the tribe; this is “natural selection” at work in the market place.  

What a difference it made when people learned they could substitute coins and paper notes for goods. Dollar bills are not bulky and do not spoil but neither do account books kept in the back rooms of banks that allow people to double, triple, quadruple their holdings. They hide the books from their neighbors. Greed turned to avariciousness; there was never enough money; they want to lie, cheat, and steal to get more. They do not want to hurt anyone but do not care if someone cannot survive on what is left. This is “natural selection” at work by the 1% on Wall Street. With Ayn Rand and Paul Ryan, the 99% do not don’t matter.

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