“Obama, Osama and Operation Infinite Sacrifice”

Writes Richard Salsman over at Forbes:

President Obama deserves a modicum of praise for finally allowing a team of U.S. Navy Seals to kill mass-murderer and al Qaeda kingpin Osama bin Laden last weekend, but only disdain for delaying the operation for so long, and harsh condemnation for extolling “extraordinary sacrifice” at his Ground Zero visit. Like his feckless predecessor, Mr. Obama deserves the lowest grade for continuing to appease political-militant Islam, as evidenced by the tender care and deep respect he bestowed on bin Laden during the burial at sea.

“Shameful” is the only word fit to describe a U.S. foreign policy that did nothing to bin Laden after 2005, when he first occupied his conspicuous compound in Abbottabad, just 30 miles from Pakistan’s capitol and close to the Pakistan Military Academy, which counted among its notable visitors U.S. Defense Secretary Robert Gates and Admiral Mike Mullen, chairman of the Joint Chiefs of Staff. Pakistan’s foreign minister Salman Bashir told the BBC recently that in mid-2009 his nation’s intelligence services (ISI) told the Obama regime about bin Laden’s not-so-secret hide-out.

The CIA and Pentagon gave Mr. Obama a specific raid plan last August, yet he dithered and remained reluctant to take military action. In time it’ll likely be revealed that Mr. Obama gave the go-ahead only because he feared leaks would reveal him to be weak and appeasing.

Of course, Barack Obama isn’t the only U.S. president who hoped to give bin Laden a pass. 

Read the rest.


Tax Cut 101: Getting Less Loot is Not the Same Thing as Being Robbed

Another brilliant op-ed over at Forbes by Yaron Brook and Don Watkins of the Ayn Rand Institute:

[...] The truth is that Ryan actually proposes increasing government spending in the coming years–just at a lower rate than current projections. So why are Ryan’s critics so up in arms?

Because Ryan’s plan dares to touch (albeit, merely to scratch) the untouchable entitlement state. Ryan’s plan would, among other things, trim and reorganize Medicare and Medicaid and reduce federal support for education. To the plan’s critics, this amounts to “reverse-Robin Hood redistribution,” as former vice chairman of the Federal Reserve Alan Blinder put it. “[A]bout two-thirds of Mr. Ryan’s so-called courageous budget cuts would come from programs serving low- and moderate-income Americans, while the rich would gain from copious tax cuts.”

The “reverse-Robin Hood” line suggests that Ryan’s plan robs from “the poor” and gives to “the rich.” But cutting entitlements is not robbery–and cutting taxes isn’t a gift.

Entitlements are essentially government handouts: the government takes money from some people in order to finance other people’s retirements, doctor’s visits, and whatever else the government deems worthy. They are unearned benefits. It is shameful that in a civilized society we have to say this, but getting less loot is not the same thing as being robbed.

A tax cut, meanwhile, is not a government handout–it is a reduction of how much of your income the government takes. Whether you’re a millionaire, billionaire, or an ambitious stock boy, a tax cut means you get to keep more of what you earn.

In this context, consider president Obama’s recent budget speech, in which he criticized Ryan’s plan for implying that “even though we can’t afford to care for seniors and poor children, we can somehow afford more than $1 trillion in new tax breaks for the wealthy.” When Obama speaks of what “we” can afford, he is obviously smuggling in the premise that all wealth rightfully belongs to society and that the government–as society’s representative–will dole out that wealth as it sees fit.

We reject that premise. On our view, you earned your wealth and it belongs to you, and no politician has any business talking about how much of your money he can “afford” to let you keep.

Read the rest of It’s Time To Kill The ‘Robin Hood’ Myth.




This Atlas Isn’t Shrugging: John Allison vs. The Anti-Capitalists in Academia

Reports Bloomberg in Schools Find Ayn Rand Can’t Be Shrugged as Donors Build Courses on John Allison, former chairman of bank holding company BB&T Corp's strategy to spread Ayn Rand's laissez-faire principles on U.S. campuses:
Allison, working through the BB&T Charitable Foundation, gives schools grants of as much as $2 million if they agree to create a course on capitalism and make Rand’s masterwork, “Atlas Shrugged,” required reading.

Allison’s crusade to counter what he considers the anti- capitalist orthodoxy at universities has produced results -- and controversy. Some 60 schools, including at least four campuses of the University of North Carolina, began teaching Rand’s book after getting the foundation money. Faculty at several schools that have accepted Allison’s terms are protesting, saying donors shouldn’t have the power to set the curriculum to pursue their political agendas, Bloomberg Markets magazine reports in its June issue.
So donors should give their money "with no strings attached" to causes that support some professor's own political agenda that the donor opposes?
“We have sought out professors who wanted to teach these ideas,” says Allison, now a professor at Wake Forest University’s business school in Winston-Salem, North Carolina. “It’s really a battle of ideas. If the ideas that made America great aren’t heard, then their influence will be destroyed.”
What about the possibility of giving money to professors who share your agenda?

Allison, who promotes Ayn Rand’s writings, will likely generate more conflicts on campuses as he seeks to expand his foundation’s gifts to 200 schools nationwide. [...] As private donors gain more power on campuses, it’s just the kind of shift away from state control that Rand would applaud.

That some anti-reason, anti-capitalist professors despise Ayn Rand and have banned her from their curriculum (whether out of malice or in many cases pure ignorance) only reveals their academic bias. Ayn Rand's ideas are part of the conversation over the battle of ideas.

Thanks to John Allison students who are interested will now be able to study Rand in an academic setting and come to their own conclusions.

Eight Effective Writing Approaches in Atlas Shrugged That The Movie Adaption Missed

Over at the The Story Department an anonymous writer "Mystery Man" elucidates on "8 Effective Writing Approaches in Atlas Shrugged":
In any case, I could not put the book down. I flew through the thousand pages without a sweat. It’s amazing to me how on the one hand, some 120-page amateur screenplays require monumental acts of willpower to get through them and yet, on the other hand, there are giant, thousand-page books that are hopelessly addictive. Why is that?

What is it about one story that makes it addictive and another one arduous? How can a writer hold a reader’s attention so intensely for so many pages?

While I didn’t agree with every idea advocated in the book, I’m not here to impose my own political or philosophical ideas. I’m here to talk about the craft of writing, and I must admit, there were some fabulous approaches to the art of storytelling that are worth mentioning. [Who is John Galt?]
We think the Atlas Shrugged producers obviously missed this one.

The Fountainhead Movie Success at the Box Office in 1949

In the aftermath of the mediocre results in the box office for Agilardo adaption of Ayn Rand's novel Atlas Shrugged, writer David Hayes sets the record straight on the success of The Fountainhead (1949) movie:
It has become an article of faith among critics of Ayn Rand that the movie made from her screenplay adaptation of her novel The Fountainhead was a box-office failure. Such critics have either never examined the evidence or have willfully disregarded it.

Evidence has been available in research libraries for decades which dispel the myth. Respected industry trade papers in operation at the time of the release of the film provide comparative information on how The Fountainhead the majority of other American feature-film releases in 1949.

The American Film Institute catalog shows that there were 387 American feature films in 1949. [...]

The film industry’s best-known trade paper, Variety, cut short the list of 1949 films at the 92 releases which met its threshold of achieving the minimum rental income it set to deem a film worthy of inclusion on its list. Even with this threshold, several releases from major studios which feature significant stars from the time, failed to make the list (see below). Despite not being major companies, Republic Pictures got in two releases, and Eagle-Lion and Film Classics had one each on the list. (Twelve films from 1949 were excluded from the list because they were released too late in the year to estimate how they would do. More on these later.)

The Fountainhead scored in the top half of the list compiled by Variety limited to releases earning the kind of money which only a major studio release would earn (a threshold that even some major studio releases didn’t meet). When one adds back in all releases for the year, The Fountainhead did better in ticket sales than nine out of ten films of the year.

For comparisons among competing releases, a better source of information is Box Office magazine. Releases in theaters at the time of publication of each weekly issue are compared to normal business for theaters in tracked cities, and in that way different films are compared. The Fountainhead did business consistently above average.

[...] The Fountainhead had its premiere engagements beginning June 26, 1949, and went into general release on July 2, 1949. [The Fountainhead movie success at the box office in 1949, David P. Hayes]

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