THE CINDERS OF AYN RAND - econoparody from versusplus.com on the Greenspan legacy & today's GOP
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This video is a response to YOU'VE GOT THE FED - song econoparody from versusplus.com on INTEREST RATES & FINANCIAL REGULATION
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Too bad Greenspan didn't really practice laissez-faire instead he went ahead with big government-Fed practices, contrary to what this song says. I get it, government screws up and the answer is "blame capitalism". Greenspan repudiated everything he wrote and supported when he was in the Ayn Rand group when he became the Fed Chairman.
elricmlbone 1 month ago 2
@mwtardif
You cannot slaughter something that NEVER existed?
greenmanev 10 months ago
@mwtardif You're an IDIOT!
greenmanev 10 months ago
Capitalism was slaughtered over a century ago, and yet people believe they are fighting against capitalism and its effects but dont realize they are in fact fighting socialism with socialism. THe main cause of the last recession (and every other recession since 1900 - including the great depression) has been the federal government. States rights are dead, capitalism is dead, it will not be long before people realize they no longer have capitalism as a scapegoat...as our producers lie dead
mwtardif 11 months ago
@ftsmallwood
Because Alan Greenspan had to contend with REALITY, something that, "Anarcho-Caitalism" has always had problems with.
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Sounds GREAT, looks good on PAPER, but just like CLASSIC "Conservatism" (ala Barry Goldwater), It is PURE FANTASY.
g4macdad 11 months ago
Government control of money by a Federal Reserve is a complete rejection of the free market, but why let facts get in the way of your riff?
ftsmallwood 1 year ago
President Clinton re-appointed Alan Greenspan to Chairman of the Federal Reserve. How does that fit your storyline? Libertarians hate Alan Greenspan's tenure at the Fed. His policies while Chairman of the Fed were a complete rejection of his own and Ayn Rand's economic theories, that were espoused by them many years ago. If you took the time to read Capitalism: The Unknown Ideal, you would know that Ayn Rand would have despised Greenpan's policies as Chairman of Federal Reserve.
ftsmallwood 1 year ago 2
Fail.
Rand, like the Austrian school of economics, was against centralised banking.
Guncriminal 1 year ago 2
the author of this song has no idea. Ayn Rand would condemn Greenspan and she considered The Federal Reserve one of the greatest abominations ever created - A TREMENDOUS threat to laissez faire capitalism. Rand believed that gold standard and economic freedom were inseparable.
MrObjectivist 1 year ago 2
Awesome song. Laughed the whole way through, though perhaps crying would have been more appropriate,
bulbheadmyass 2 years ago