I'm glad that Bush didn't do this because that would have been stupid.
I'm glad that Bush didn't do this because that would have been stupid.
It will probably surprise no one that I read a bunch of Ayn Rand when I was in college, but I never tackled her magnum opus, the 1200-page behemoth Atlas Shrugged. But for some reason, I felt compelled to change that a few months ago. I can't tell you why. I even survived the hype surrounding the 50th anniversary a couple years back without succumbing, but a couple of weeks ago, for some reason, I felt that I had to read Atlas Shrugged.
I expected it to be a chore, but I was amazed at how swiftly and how utterly it pulled me in. I began telling a like-minded colleague about the book and told him he should read it too. But when the local bookstore proved to be sold out of it, I went online to try to find him a copy in the local library system. This next will sound hard to believe, but it is true. Out of 79 libraries in four nearby counties, every copy was currently checked out. Every. Single. One.
The I saw this story about how sales of Atlas Shrugged are skyrocketing. I'm such a trendsetter! And check out this recent photo from the NY Daily News.
So what happened? It's not just me, I guess. It's almost like a whole army of us folks were suddenly "activated" like Cylon plants or something, and spontaneously felt compelled to read some 52-year-old melodramatic novel. Weird, huh?
So anyway, let's talk about the book (even though I'm only about halfway through, because I'm an embarrassingly slow reader and I always read at least three books simultaneously.) Doubtless one of the reasons I'd never taken the plunge before now was the scathing critiques I'd read of her fiction even 20 years ago (most of her work that I read in college was essays and the like.)
To be fair, I found that many of the knocks against Rand's fiction are somewhat deserved. She's about as subtle as a daisy cutter for one thing, and she can sometimes beat you over the head when making a political statement. And yes, her prose is at times overwrought and turgid. But you know what? She's still better than 90% of the dreck on the NYT bestseller list. Hell, compared to Dan Brown, she might as well be Shakespeare.
And yes, the delivery mechanism for much of her political philosophy here is a trashy soap opera with breathless dialog. But remember, Rand was writing in her second language! And soap opera though it may be, it is as compelling as any fiction I've read in years. I just got done with this ludicrously melodramatic scene involving two women arguing over a bracelet at a wedding party and I could not put it down!
There's something to be said for that, Rand's literary detractors notwithstanding. I used to steadfastly defend the prose of Ian Fleming for the simple reason that he could write 30 or 40 pages about a baccarat game or a round of golf and keep me totally absorbed the entire time. That's genuine talent as far as I'm concerned, and Rand has it in spades. In fact, Rand would no doubt value Fleming's writings herself, if not because of their content then because of their commercial success. I could prove my point, but it would give away too much of the novel for those who haven't read it (but pay particular attention to the character of Balph Eubank.)
And now I'd like to address some of the other criticisms I've heard of the book over the years. First, that its protagonists (Hank Rearden, Dagny Taggart, et al) are assholes. Well of course they're assholes. They're heartless, inhuman automatons. But they had to be. It was necessary to prove her point. If they'd been some nicey-nice capitalists with hearts of gold or with a "social conscious," it would have completely undercut the thesis of her book. Rand wanted to illustrate that people who acted solely in their own self-interest were ultimately more beneficial to society than a raft of do-gooders, who ultimately have to rely on the wealth of the actual producers to further their sanctimonious, self-righteous ends.
And anyone who thinks Rand glorifies corporatism simply hasn't read the book. Most of the corporate types in the novel are loathsome wretches, and the real enemy in Atlas isn't so much "government" as that unholy alliance between government and corporate lowlifes who seek favorable legislation to help line their own pockets.
To modern readers, it might seem unrealistic the way Rand depicts the American landscape as fraught with avid collectivists and redistributionists at every turn. But remember, this was a different era. In 1957, when the book was published, the top marginal income tax rate was 91% (I shit you not!) and blatant appeals for socialism were much more common in genteel society than they were in the post-Reagan country most of us now consider normal.
In the end, my biggest critique of Any Rand is that she ultimately went from brilliant antistatist to cult leader. Her antipathy for religion (both conventional as well as the secular religion of collectivism) is sadly ironic in that she became a de facto religious leader herself. Granted, she cannot be held responsible for the excesses of all the Objectivists who followed her, but she was given to demanding absolute fealty with statements such as, "If you agree with some tenets of Objectivism, but disagree with others, do not call yourself an Objectivist." In short, she eventually acquired all the aspects of a religious leader -- including, if I read between the lines correctly, an aversion to alcohol(!)
But all of that being said, it's a terrific read, and I wish I'd read it earlier. If you've read this far and still haven't read Atlas Shrugged, then that means you need to right away. Go grab a copy (if you can find one!) and read it. We'll discuss it later.
Meghan, that is.
I just got a Kindle, and it's very interesting. I've had it for about two weeks now, and I must say I like it much better than I expected. I never really enjoyed reading text on a glowing, flickering screen (you'd never know it, right?) but this passive, eInk technology is pretty cool! It looks for all the world like someone ripped a page out of a printed book and pasted on the surface of the Kindle.
My only fear (which I'm sure is all part of Amazon's nefarious plan) is that having immediate access to all these books will prove too seductive, and all my money will go shooting over to Jeff Bezos of WhisperNet.
I saw this on PostSecret recently. It's a nice thought, isn't it? When we take our own puppy to our local doggie playground, we always like how all the dogs immediately stop what they're doing and run over to the gate with tails wagging every time a newcomer arrives. So who knows? Perhaps it's true.
On a related note, remember that old Twilight Zone episode? Don't be tricked.
And I don't really care for Canadian Whiskey. But this ad makes me wish I did.
A New York City doctor has come up with an inventive plan to treat uninsured patients for a nominal monthly fee. So what does the state do? Try to shut him down, of course!
This bill is one of the worst ideas I've seen come before Congress in a while, and that's saying something. The idea is to make "Wall Street" pay for the TARP bailout by imposing a 0.5% tax on stock transactions.
These days it's hard enough to find winning stocks period, even without having to take a whole percentage point off a round-trip stock purchase. Do you ever rebalance your 401k? Well then that makes you "Wall Street" in their eyes, and you're going to get hit with penalties. And even if you don't move your funds around, chances are your fund manager is doing it for you, which means you'll get hit this stupid tax even if you do nothing at all. And if (like me) you're a trader, then forget it. Especially a day trader. You're out of business.
Now I know that traders aren't viewed with a lot of sympathy out there. It's almost as if they're doing something sleazy or vaguely immoral, unlike the sainted "investors" who aren't constantly buying and selling every second of the day. But here's the problem. Whether you're a trader or investor, you benefit from a liquid market. For most listed stocks, you can always buy or sell at pretty damn near the officially quoted price. Why is that? Because there's a sufficient volume of traders out there who are always looking to buy or sell a given issue at a given time. Markets aren't liquid because the Warren Buffetts of the world come along every decade or so and buy a million shares of Coca-Cola and sit on it for eighty thousand years. Markets are liquid because of the dirty little traders out there, always looking to make a quick turnaround. Despise them if you want, but if you run them out of business, then your market doesn't work anymore, even if you're an "investor."
I really, really wish Congress would spend two seconds thinking about this kind of stuff because engaging in such stupidity.
I realize I shouldn't even bother with this post, because what else does one expect from a "conservative" that the New York Times would give steady work on its Op-Ed page... but what can I say, I'm bored. Anyway, this is a perfect example of why I find Brooks too lame and annoying for words.
It has nothing to do with defending Bobby Jindal, who performed horribly in the GOP response to Obama's quasi-SOTU address, and whose baggage as a religious nut and amateur exorcist will make him dead meat if the Republicans are stupid enough to run him on the national level.
But Brooks' stupidity goes well beyond that kind of valid criticism. To him, Jindal is a "nihilist" because he dares criticize "waste" and "earmarks" in Obama's stimulus legislation. Unbelievable. And it's not like Brooks doesn't have his own problems with his erstwhile (three weeks ago) hero Barack Obama. Sorry, but I find that column to be nonsense as well. I don't see Obama doing any kind of "immoderate," left-wing stuff that he didn't tell us in plain English during the campaign that was going to do. Whence the buyer's remorse?
No wonder the Times loves Brooks. He's their favorite kind of "conservative" -- self-loathing, philosophically vacuous, dedicated to big government, and suffering from the same kind of all-round generic wussiness that afflicts the rest of the Times' editorial department.
All right, enough about Brooks. I regret spending this much time on him already.
Tim Geithner's going after tax cheats. (Yeah, I know avoiding taxes in only important if you're a plumber from Ohio and doesn't matter a damn if you're Treasury Secretary, but you've gotta admit it's still kinda funny.)
During the eight years of Bush's presidency, the Dow Jones Industrial Average lost 2,638 points. In the two years since the the Democrats took control of congress, the Dow has lost 5,717 points. In the month and a half since Obama was sworn in, the Dow has lost 1,186 points.
For now, Obama can still lay all the blame for the state of the economy at the feet of his predecessor. But for how long? At which point, both in time and in DJIA points, will the Democrats officially own current economic conditions? (Note that this is a political question, not an economic one.)
I have a baby niece being born in Boston right now. The mom keeps texting us updates from her hospital bed. I love the 21st century. :-)
(It occurred to me that the title of this post owes a debt to Paul Harvey (*sniff*) See previous post.)