Obama the Profit Czar

Friday, January 30th, 2009 11:26 am by Neal

His face had the expression which, these days, was the mark of an honest man: an expression of bewilderment. He was looking at his companion, trying hard — conscientiously, helplessly, hopelessly — to understand.

His companion was younger and shorter, a small man with lumpy flesh, with a chest thrust forward and the thin points of a mustache thrust up. He was saying, in a tone of patronizing boredom, “Well, I don’t know. All of you are crying about rising costs, it seems to be the stock complaint nowadays, it’s the usual whine of people whose profits are squeezed a little. I don’t know, we’ll have to see, we’ll have to decide whether we’ll permit you to make any profits or not.”

Atlas Shrugged, Ayn Rand

From January 28, 2009, Obama calls $18B in Wall St. bonuses ‘shameful’:

“We’re going to be having conversations as this process moves forward directly with these folks on Wall Street to underscore that they have to start acting in a more responsible fashion if we are to, together, get this economy rolling again,” Obama said.

“There will be time for them to make profits, and there will be time for them to get bonuses,” Obama said. “Now is not that time.”

We recently noted in Atlas is Shrugging the wise words of Stephen Moore,

Ultimately, “Atlas Shrugged” is a celebration of the entrepreneur, the risk taker and the cultivator of wealth through human intellect. Critics dismissed the novel as simple-minded, and even some of Rand’s political admirers complained that she lacked compassion. Yet one pertinent warning resounds throughout the book: When profits and wealth and creativity are denigrated in society, they start to disappear — leaving everyone the poorer.

Liberals like Obama don’t care about wealth and prosperity, what they desire above all else is equality of outcome for all people. Once we’re all poor, we’ll all be economically equal.

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