"The Strike"

The fallout from the financial crisis has left many of us unhinged as economic truths we subscribe to have been violated all over the place. President-elect Barack Obama's chief of staff designate Rahm Emanuel opined he did not want the current finacial crisis to "go to waste" as he signaled that it represented an opportunity for massive governmental intrusion into the private sector and the lives of our citizens for our benefit.

It is clear that the hope and change mindset entering Washington strongly feels that government should be further dictating the commerce of the private sector through new programs and regulation. Wall Street Journal senior economics writer and editorial board member Steve Moore reflected back to the Ayn Rand novel Atlas Shrugged in his recent column in the WSJ 'Atlas Shrugged': From Fiction to Fact in 52 Years and suggests the fictional tale is becoming fact, and this is not a welcomed development.

Moore is right on target drawing on the similarities of recent governmental actions and those forecasted to emerge and/or expand to the goings on, or "lunacy", in the classic novel.

Most, if not all, of the current issues we are dealing with were due to poorly constructed governmental influence, from the housing crisis to the lack of a sensible energy policy. Now, as Rahm Emanual indicated, more governmental programs will be initiated and thus will be doomed to create even more issues down the road.

I wonder if the non productive leeches John Galt speaks of in the book are representative of the same folks who do not pay taxes that are primed to get money back from the government in Obama's stimulus package. Recall Peggy Joseph?

This ain't gonna work, and for a preview, just grab the 1000 page classic and have at it. Too long for you, read Moore's column.