Using his knowledge of Austrian economics and sound theory of money, he predicted in 2003 that state intervention in the mortgage market would lead to a "bubble" and inevitable market crash. He was ignored.
The crash occurred in 2007-2008.
The World, our Country, our Society is broken. This is my attempt to fix it (as it is in my power, so will I do). Please join The Movement...
It is a tragic irony of our time that the two worst, bloodiest tribes in history, the Nazis of Germany and the Communists of Soviet Russia, both of whom are motivated by brute powerlust and a crudely materialistic greed for the unearned, show respect for the power of philosophy (they call it "ideology") and spend billions of their looted wealth on propaganda and indoctrination, realising that man's mind is their most dangerous enemy and it is man's mind that they have to destroy — while the United States and the other countries of the West, who claim to believe in the superiority of the human spirit over matter, neglect philosophy, despise ideas, starve the best minds of the young, offer nothing but the stalest slogans of a materialistic altruism in the form of global giveaways, and wonder why they are losing the world to the thugs.
It is thus necessary that the individual should finally come to realise that his own ego is of no importance in comparison with the existence of his nation; that the position of the individual ego is conditioned solely by the interests of the nation as a whole ... that above all the unity of a nation's spirit and will are worth far more than the freedom of the spirit and will of an individual...."Is there anything evil in these ideas? On the surface, no. However, it led to this:
"This state of mind, which subordinates the interests of the ego to the conservation of the community, is really the first premise for every truly human culture.... The basic attitude from which such activity arises, we call-to distinguish it from egoism and selfishness-idealism. By this we understand only the individual's capacity to make sacrifices for the community, for his fellow men.
The gas chambers themselves [at Auschwitz] and the adjoining crematoria, viewed from a short distance, were not sinister-looking places at all; it was impossible to make them out for what they were. Over them were well-kept lawns with flower borders; the signs at the entrances merely said BATHS. The unsuspecting Jews thought they were simply being taken to the baths for the delousing which was customary at all camps. And taken to the accompaniment of sweet music!
"For there was light music. An orchestra of 'young and pretty girls all dressed in white blouses and navy-blue skirts,' as one survivor remembered, had been formed from among the inmates. While the selection was being made for the gas chambers this unique musical ensemble played gay tunes from The Merry Widow and Tales of Hoffmann. Nothing solemn and somber from Beethoven. The death marches at Auschwitz were sprightly and merry tunes, straight out of Viennese and Parisian operetta.
"To such music, recalling as it did happier and more frivolous times, the men, women and children were led into the 'bath houses,' where they were told to undress preparatory to taking a 'shower.' Sometimes they were even given towels. "Once they were inside the 'shower-room' — and perhaps this was the first moment that they may have suspected some thing was amiss, for as many as two thousand of them were packed into the chamber like sardines, making it difficult to take a bath — the massive door was slid shut, locked and hermetically sealed. Up above where the well-groomed lawn and flower beds almost concealed the mushroom-shaped lids of vents that ran up from the hall of death, orderlies stood ready to drop into them the amethyst-blue crystals of hydrogen cyanide....
"Surviving prisoners watching from blocks nearby remembered how for a time the signal for the orderlies to pour the crystals down the vents was given by a Sergeant Moll. ' Na, gib ihnen schon zu fressen' ('All right, give 'em something to chew on'), he would laugh and the crystals would be poured through the openings, which were then sealed.
"Through heavy-glass portholes the executioners could watch what happened. The naked prisoners below would be looking up at the showers from which no water spouted or perhaps at the floor wondering why there were no drains. It took some moments for the gas to have much effect. But soon the inmates became aware that it was issuing from the perforations in the vents. It was then that they usually panicked, crowding away from the pipes and finally stampeding toward the huge metal door where, as Reitlinger puts it, 'they piled up in one blue clammy blood-spattered pyramid, clawing and mauling each other even in death.' "
William Shirer in The Rise and Fall of the Third Reich
My philosophy, Objectivism, holds that:I once disregarded Rand's ideas as, whether by conditioning or whether by nature, I have always thought of myself as altruistic. However, I see now that altruism has its flaws.
Copyright © 1962 by Times-Mirror Co.
- Reality exists as an objective absolute—facts are facts, independent of man’s feelings, wishes, hopes or fears.
- Reason (the faculty which identifies and integrates the material provided by man’s senses) is man’s only means of perceiving reality, his only source of knowledge, his only guide to action, and his basic means of survival.
- Man—every man—is an end in himself, not the means to the ends of others. He must exist for his own sake, neither sacrificing himself to others nor sacrificing others to himself. The pursuit of his own rational self-interest and of his own happiness is the highest moral purpose of his life.
- The ideal political-economic system is laissez-faire capitalism. It is a system where men deal with one another, not as victims and executioners, nor as masters and slaves, but as traders, by free, voluntary exchange to mutual benefit. It is a system where no man may obtain any values from others by resorting to physical force, and no man may initiate the use of physical force against others. The government acts only as a policeman that protects man’s rights; it uses physical force only in retaliation and only against those who initiate its use, such as criminals or foreign invaders. In a system of full capitalism, there should be (but, historically, has not yet been) a complete separation of state and economics, in the same way and for the same reasons as the separation of state and church.
| Neue Synagogue - Berlin (copyright Emma Biggins 2012) |
| Pavement plaques, Tor Strasse, remembering Jewish residents, deported and murdered. |