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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