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yglesias.thinkprogress.org - 3/19/2009

Carol Baum: Welfare CEOs are Just Like John Galt

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Bloomberg columnist Carol Baum puts together a baffling analogy : The hero of Ayn Rand’s “Atlas Shrugged” is smiling because he’s seen it all before: the government’s intervention in the private sector; the constraints placed on business in the name of the people; the desperation on the ...

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Wanker of the Day
Eschaton — Carol Baum.

Quote For The Day
The Daily Dish | By Andrew Sullivan — ... "If the folks running Citigroup and Bank of America and AIG were good at their jobs, we wouldn’t be in this situation in the first place. That’s the point. But they weren’t good. They lost staggering sums of money. Their companies went broke. They had to beg for taxpayer dollars. You don’t get to do that and then turn around and 'go Galt.'" - Matt Yglesias. ...

Creeping Galtism, Part III
Balloon Juice — Matt Yglesias flags this from Bloomberg columnist Carol Baum: The government needs Liddy and Citigroup’s Vikram Pandit and Bank of America’s Ken Lewis to continue working to restore their firms to prosperity in the same way the looters in Rand’s novel need Hank Reardon and Francisco d’Anconia and Dagny Taggart, respectively, to run their steel mills, copper mines and railroad. I sincerely believe that the key to understanding how our society works is realizing that our elites in media, government, and ...

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Crooks and Liars — CQ Politics: So called 'Democrats' prepare to obstruct Obama agenda. It's time for progressives to Dog The (Blue) Dogs Lost in Tarnation: Nonsense about Obama and AIG cab drollery: Worst of the worst's crimes continue Guerrilla News Network: The Right's ability to capitalize on people's sense of grievance must not be underestimated The Brad Blog: Five Kentucky officials were arrested and indicted Thursday, "including the circuit court judge, the county clerk, and ...

Quotable Liberals
Hit & Run — ... And because we're paid by the number of comments our posts generate (note: that is not actually true), here's Matthew Yglesias on looking for Galts in all the wrong places: ...

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The Moderate Voice — Matthew Yglesias has a post up that Andrew Sullivan links to (approvingly it would seem given the context?) that adds to the articulated outrage of millions of Americans over the AIG bonuses, If the folks running Citigroup and Bank of America and AIG were good at their jobs, we wouldn’t be in this situation in the first place. That’s the point. But they weren’t good. They lost staggering sums of money. Their companies went broke. They had to beg for taxpayer dollars. You don’t get to do that and then turn around and “go Galt.” ...

Tea And Taggart
Dean's World — ... (or as great intellect and literary critic Matthew Yglesias calls it, the “stupid book” by that “stupid woman” with the “stupid ideas”). ...