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@ casey
I see you’re at it again, you elitist old reprobate you.
What with Freudian references galore and admissions to being a “dom” and alluding to Objectivists having a penchant for secretly being dominated, this shabby smear-job of yours comes over more as a subtle solicitation for a bondage session than a critique of Rands ideas.
Recognising that a smear is an accusation without particulars or proof, let’s address the tired old leftist rehash of Greemspans admission to the failure of the free market (perhaps the only point worth addressing in your lame contumely)
While it’s true that Greenspan was once an advocate for Objectivism and free markets, his very acceptance of orchestrating a planned economy by holding the reigns on the Fed proves his treason to the principles of Laissez faire .
As Dr Yaron Brook noted
“Alan Greenspan’s entire tenure at the Federal Reserve was one devoted to distorting market outcomes in the pervasively controlled financial markets, including the mortgage market. The Fed by its nature wields enormous power over the market as it dictates the money supply and interest rates, which in turn determine lending, borrowing, and bank leverage throughout the economy. Early in Greenspan’s tenure, some expected the onetime opponent of the Fed and supporter of a gold standard to minimize the Fed’s distortion of markets. Instead, Greenspan became our Manipulator-in-Chief, repeatedly inflating the money supply and artificially lowering interest rates to allegedly magnify prosperity. Further, he voiced no substantial opposition to related market-distorters such as Fannie Mae and Freddie Mac (which incentivized lenders to make trillions in loans that they wouldn’t have made on a free market) and the cartel of government-supported rating agencies (whose absurd models gave AAA ratings to mortgage-backed securities).
Thus, when Greenspan speaks, he does so not as the voice of a (non-existent) free market in finance and housing, but as the voice of government central-planning–a voice with every incentive to blame the market rather than the Fed’s market-distorting policies.”
More here: http://www.aynrand.org/site/News2?page=NewsArticle&id=21857
As for your alleged plan to “depose” of the mindsets blocking progress by spawning a “middle of the road think tank”, may I suggest you repair to this advice from Galts speech in Atlas Shrugged
“The fence you have been straddling for two hours—while hearing my words and seeking to escape them—is the coward’s formula contained in the sentence: ‘But we don’t have to go to extremes!’ The extreme you have always struggled to avoid is the recognition that reality is final, that A is A and that the truth is true. A moral code impossible to practice, a code that demands imperfection or death, has taught you to dissolve all ideas in fog, to permit no firm definitions, to regard any concept as approximate and any rule of conduct as elastic, to hedge on any principle, to compromise on any value, to take the middle of any road. By extorting your acceptance of supernatural absolutes, it has forced you to reject the absolute of nature. By making moral judgments impossible, it has made you incapable of rational judgment. A code that forbids you to cast the first stone, has forbidden you to admit the identity of stones and to know when or if you’re being stoned.
“The man who refuses to judge, who neither agrees nor disagrees, who declares that there are no absolutes and believes that he escapes responsibility, is the man responsible for all the blood that is now spilled in the world. Reality is an absolute, existence is an absolute, a speck of dust is an absolute and so is a human life. Whether you live or die is an absolute. Whether you have a piece of bread or not, is an absolute. Whether you eat your break or see it vanish into a looter’s stomach, is an absolute.
“There are two sides to every issue: one side is right and the other is wrong, but the middle is always evil. The man who is wrong still retains some respect for truth, if only by accepting the responsibility of choice. But the man in the middle is the knave who blanks out the truth in order to pretend that no choice or values exist, who is willing to sit out the course of any battle, willing to cash in on the blood of the innocent or to crawl on his belly to the guilty, who dispenses justice by condemning both the robber and the robbed to jail, who shoves conflicts by ordering the thinker and the fool to meet each other halfway. In any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit. In that transfusion of blood which drains the good to feed the evil, the compromiser is the transmitting rubber tube.
Also note that any attempts to “depose” of me for being someone with that kind of “anti-progress” mindset will be met with the appropriate resistance
(“depose” you say, and you have the nerve to call Objectivists fascists)