Tag Archives: Atlas Shrugged

Gotta See – Atlas Shrugged Movie – Premieres Friday April 15th

I wrote awhile ago about Atlas Shrugged and our current government collapsing under its own weight – See Atlas Shrugged Coming True. I am excited that the movie of Atlas Shrugged is debuting tomorrow, appropriately enough on tax day, April 15, 2011.  You can go to the movie website and “Demand” it for your area. The filmmakers are working hard to distribute the movie to a wider audience and in more theaters. It is the first movie in a planned trilogy, and funny enough, Part One covers about a third of the book.

My original impetus to write about Atlas Shrugged stemmed from an article in the Wall Street Journal. It was called Atlas Shrugged: From Fiction to Fact in 52 Years. It seems to me that it was fact in the 50’s and it is still fact now – the government can’t get out of its own way. The budget crisis continues – especially in the State of California and on the Federal level. With the threatened federal government shut down this past week and the emergency meetings to broker deals and get enough funding for the government to stay open, something in our government structure needs to change.

This morning the editorials, even in our local paper, read this way – Republicans are big spenders, Reagan’s spending rose 108%, Bush’s spending rose (by some other high percentage), it’s their fault the National Debt is in the trillions. I read this with interest because to me, both the republicans and the democrats tax and spend. Both parties spend on pork barrel projects. Both parties put taxes in place to keep up the spending. Both parties put tax cuts in place even with spending in place. Tax cuts come when they need to look good in an election year. These shenanigans all make a nice smoke screen for a deeper issue — the  two party system we have in place doesn’t work. It doesn’t represent the views of the people. Other parties want to get their messages out and heard, and have a seat at the table to solve some of our long-standing problems. Having other parties involved in election debates, not just the running for office, would bring other viewpoints, other suggested solutions to the forefront as well as garnering more votes and maybe a few seats – just look at the Tea Party as an example in the elections last Fall.

Having every congressman and senator read Atlas Shrugged, as suggested in the Wall Street Journal article, is a good  start. And maybe they could watch the movie tomorrow as a quicker start than reading the 1,168 page book! I think I’ll have to put Atlas Shrugged on my summer reading list for a refresher!

Let me know if you go see the movie and what you think of it!


Atlas Shrugged Coming True…

There was a great article in the Wall Street Journal in January about Ayn Rand’s epic book: ‘Atlas Shrugged’: From Fiction to Fact in 52 Years. With the weight of the Emergency Economic Stabilization Act, the government is about to show that it can be crushed under its own weight. An especially illuminating quote from the article:

“For the uninitiated, the moral of the story is simply this: Politicians invariably respond to crises — that in most cases they themselves created — by spawning new government programs, laws and regulations. These, in turn, generate more havoc and poverty, which inspires the politicians to create more programs . . . and the downward spiral repeats itself until the productive sectors of the economy collapse under the collective weight of taxes and other burdens imposed in the name of fairness, equality and do-goodism.”

Not that I don’t want to solve the economic crisis, I do; but more regulation isn’t the answer. Capitalism is. The businesses that couldn’t manage themselves to a profit or survival should be let to fail, even if it is a bank, brokerage firm or investment bank. Or even an automotive company. More regulation, with more Federal agencies, who can’t get out of their own way, isn’t the right answer either. The SEC was alerted to Madoff’s activities many times; but, ignored it each time (or investigated and decided to take no action). Do we think a new Federal agency or new regulations will miraculously enable the Feds to make the right decision at the right time? I am skeptical, to say the least.

If you haven’t read Atlas Shrugged, please do and then let me know what you think about it!