Comments on: Race towards the bottom

By: RjZ

RjZ — Wed, 26 Nov 2008 19:05:56 +0000

Hey, I’ve got the very same sticker. Now where ever did I get that….?

By: Nomad

Nomad — Wed, 26 Nov 2008 18:48:10 +0000

Sigh. I’ve had a “Who is John Galt?” bumper sticker on my car since W was re-elected. I was hoping that, now that the “Obama/Biden” sticker next to it translates to “I was right! I told you so!” I’d be able to find something more cheerful (”Visualize Whirled Peas,” perhaps?) to replace my cryptically snarky John Galt sticker. Then I learned more about the bailout. It looks like John will be there for the life of my car. Sigh.

By: RjZ

RjZ — Wed, 19 Nov 2008 05:40:54 +0000

I didn’t mean to pick on Mr. Paulson, per se, but your comments sure are in keeping with my Ayn Rand reference. She would likely not have been surprised to hear that his motivations were altruistic, a curse word to the the inventor of Objectivism. Thanks for taking the time to comment!

By: Pat

Pat — Wed, 19 Nov 2008 03:41:48 +0000

I wish the ghost of Ayn Rand could comment on this. Consider some personal details about Hank Paulson. An Eagle Scout, much admired, was on the Nature Conservancy board for a number of years. An avid nature lover, he has pledged his >$700M fortune to environmental causes after his death. When he became Treasury Secretary a major goal of his was to address the growing gap between rich and poor. I don’t think anybody could question his altruism or good intentions, and yet the only thing more feckless than his $700B bailout plan is his “selling” of said plan–he inspires less confidence than W himself. Less good intentions, more competence, please.