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Monday, May 07, 2012

Five hours ago I posted this on Facebook. I re-post it here with the comments. I was just watching Fox business Channel where Bill Gates, Warren Buffet and Charles Munger (chairman of Berkshire-Hathaway) were answering questions from the lady moderator. Mr. Munger was asked why he thought Alan Greenspan paid too much attention to Ayn Rand. He replied that Rand's political philosophy of laissez-faire capitalism doesn't work, adding that ax murderers exist in laissez-faire and there is nothing good about that and that people need restraints. OMG! In order for him to say that he has to believe that laissez-faire means no government in society when in fact it means no government interference with initiatory force in the market place. This is but one example of why businessmen are often their own worst enemies, and an example of the sanction of the victim. Like · · Unfollow Post · Share Joshua Lipana, Richard Ruggiero, Rob Van Aken and 3 others like this. Kristina Janson After what happened to Bill Gates in the Clinton era, you can bet your butt that they're going to sing the party line! They are imaging themselves as Martha Stewart behind bars. 5 hours ago · Like Philip Nelson We shouldn't rely on business men to present a moral ideal. Although Rand envisioned them as one of the main defenders of true freedom they are today one of it's biggest enemies. They are forced (or go voluntarily) to be supported by gov't ... See More4 hours ago · Like · 1 Kristina Janson In 1992, I met on several occasions Albert H. Gordon, of Kidder Peabody. As an investment genius and a builder of businesses, I thought that he would really appreciate to know that I thought his actions were moral. I wrote down a book recom... See More 4 hours ago · Like