Dow at 4000

Posted by skipd on Feb 27, 2009 in Books, Economics, News, Politics | 0 comments

Yes, you read it right!

Dow is going to slide down to 4000.

It is no longer a secret folks: Obama and liberal democRATs determined to destroy the investor class. They are determined to destroy our confidence in the market. They want us all be dependent on the government, the government they run.

I sure would like to find out what all these liberal democRATs did with their portfolio within the last few months. They had inside information.

Whenever governments intervene in the market, in short, readers rush to buy Rand’s book. Why? The reason is explained by the name of a recently formed group on Facebook, the world’s biggest social-networking site: “Read the news today? It’s like ‘Atlas Shrugged’ is happening in real life”. The group, and an expanding chorus of fretful bloggers, reckon that life is imitating art.

Some were reminded of Rand’s gifted physicist, Robert Stadler, cravenly disavowing his faith in reason for political favour, when Alan Greenspan, an acolyte of Rand’s, testified before a congressional committee last October that he had found a “flaw in the model” of securitisation. And with pirates hijacking cargo ships, politicians castigating corporate chieftains, riots in Europe and slowing international trade—all of which are depicted in the book—this melancholy meme has plenty of fodder.

Atlas felt a sense of déjà vu

They are not only buying Atlas Shrugged but also pulling their money out of the reach of the looters.

Atlas Shrugged (Centennial Edition)

Ayn Rand. Dutton Adult 2005, Hardcover, 1192 pages, $24.46

Here are more books by Ayn Rand.