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Paul Ryan’s Mentor: Ayn Rand, the Mother of Modern Conservatives

On April 30, 2012, The Atlas Society published a piece called “Paul Ryan And Ayn Rand’s Ideas: In The Hot Seat Again.” 

In it they talked about the close association then vice presidential candidate, Rep. Paul Ryan, had drawn between Ayn Rand and his own political philosophy. Publicity surrounding his views were prompted by a National Review article entitled, “Ryan Shrugged” which characterize as an “urban legend Ryan’s alleged connections to Rand’s Objectivist philosophy. While Rep. Ryan may never have expressly indicated he embraces her Objectivist philosopy, he is clearly a fan of Ayn Rand‘s ideas and requires his staff to read Atlas Shrugged. (See National Review’s “Ryan Isn’t a Randian” for more along these lines.)

How closely Paul Ryan and other conservative associate themselves with Ayn Rand’s Objectivism is important because it shines a light on the heart and soul of their political objectives.  Ayn Rand, a staunch believer in individualism and foe of collectivism in any form, believed altruism and any form of self-sacrifice was evil.  She meant this literally, and any institutions based on such collectivist notions were also evil.  This included churches and all major religions. Ayn Rand was obviously an atheist.  This is an inconvenient truth for Ryan and many evangelical Christians who have adopted Rand’s ideology with respect to the behavior of  corporations  and the formulation of government business policies.  Rand’s Objectivism philosophy has become, ex-post-facto, the underpinning for today’s very aggressive brand of capitalism.   In fact, the incompatibility of Rand’s value systems applied to business behavior and Christian values applied to human behavior is the great paradox of our time.  Objectivism and Religion antithetical belief systems.  (To hear a little more about Ayn Rand in her own words, listen to her interviewed on the Phil Donahue Show back in 1979.)

In the article the Atlas Society released an audio recording of a 2005 speech mand by Paul Ryan at the organizations “Celebration of Ayn Rand” event. That audio file is posted here below along with the following excerpts [highlights are mine].

Congressman Paul Ryan on Ayn Rand

(1:45) I just want to speak to you a little bit about Ayn Rand and what she meant to me in my life and [in] the fight we’re engaged here in Congress. I grew up on Ayn Rand, that’s what I tell people. You know everybody does their soul-searching, and trying to find out who they are and what they believe, and you learn about yourself.

(2:01) I grew up reading Ayn Rand and it taught me quite a bit about who I am and what my value systems are, and what my beliefs are. It’s inspired me so much that it’s required reading in my office for all my interns and my staff. We start with Atlas Shrugged. People tell me I need to start with The Fountainhead then go to Atlas Shrugged [laughter]. There’s a big debate about that. We go to Fountainhead, but then we move on, and we require Mises and Hayek as well.

(2:23) But the reason I got involved in public service, by and large, if I had to credit one thinker, one person, it would be Ayn Rand. And the fight we are in here, make no mistake about it, is a fight of individualism versus collectivism.

(2:38) In almost every fight we are involved in here, on Capitol Hill, whether it’s an amendment vote that I’ll take later on this afternoon, or a big piece of policy we’re putting through our Ways and Means Committee, it is a fight that usually comes down to one conflict: individualism vs. collectivism.

(2:54) And so when you take a look at where we are today, ah, some would say we’re on offense, some would say we’re on defense, I’d say it’s a little bit of both. And when you look at the twentieth-century experiment with collectivism—that Ayn Rand, more than anybody else, did such a good job of articulating the pitfalls of statism and collectivism—you can’t find another thinker or writer who did a better job of describing and laying out the moral case for capitalism than Ayn Rand.

(3: 21) It’s so important that we go back to our roots to look at Ayn Rand’s vision, her writings, to see what our girding, under-grounding [sic] principles are. I always go back to, you know, Francisco d’Anconia’s speech (at Bill Taggart’s wedding) on money when I think about monetary policy. And then I go to the 64-page John Galt speech, you know, on the radio at the end, and go back to a lot of other things that she did, to try and make sure that I can check my premises so that I know that what I’m believing and doing and advancing are square with the key principles of individualism… [To better understand Ryan’s references here go to David Weigel’s commentary in Slate from August 13, 2012 ]

(6:53) Is this an easy fight? Absolutely not…But if we’re going to actually win this we need to make sure that we’re solid on premises, that our principles are well-defended, and if we want to go and articulately defend these principles and what they mean to our society, what they mean for the trends that we set internationally, we have to go back to Ayn Rand. Because there is no better place to find the moral case for capitalism and individualism than through Ayn Rand’s writings and works.

TO LISTEN TO AUDIO, PLEASE CLICK ON THE ORIGINAL ATLAS SOCIETY LINK ABOVE  

Fiscal Cliff’s Specific Tax Breaks About to Expire

Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

From Wikipedia, the free encyclopedia

 Key aspects of the law include:

§                    Extending the EGTRRA 2001 income tax rates for two years. Associated changes in itemized deduction and personal exemption rules are also continued for the same period. The total negative revenue impact of this was estimated at $186 billion.[7]

§                    Extending the EGTRRA 2001 and JGTRRA 2003 dividends and capital gains rates for two years. The total negative revenue impact of this was estimated at $53 billion.[7]

§                    Patching the Alternative Minimum Tax to ensure an additional 21 million households will not face a tax increase. This was done by increasing the exemption amount and making other targeted changes. The negative revenue impact of this measure was estimated at $136 billion.[7]

§                                The above three measures are intended to provide relief to more than 100 million middle-class families and prevent an annual tax increase of over $2,000 for the typical family.[8]

§                    A 13-month extension of federal unemployment benefits.[2][9] The cost of this measure was estimated at $56 billion.[7]

§                    A temporary, one-year reduction in the FICA payroll tax. The normal employee rate of 6.2 percent is reduced to 4.2 percent. The rate for self-employed individuals is reduced from 12.4 percent to 10.4 percent.[9] The negative revenue impact of this measure was estimated at $111 billion.[7]

§                    Extension of the Child Tax Credit refundability threshold established by EGTRRA, ARRA, and other measures.[7] According to the White House, this would benefit 10.5 million lower-income families with 18 million children.[2]

§                    Extension of ARRA’s treatment of the Earned Income Tax Credit for two years.[7] According to the White House, this would benefit 6.5 million working parents with 15 million children.[2]

§                    Extension of ARRA’s American opportunity tax credit for two years, including extension of income limits applied thereto.[7] According to the White House, this would benefit more than 8 million students and their families.[2]

§                                The above three provisions, as well as some other similar ones, are intended to provide about $40 billion in tax relief for the hardest-hit families and students.[8]

§                    An extension of the Small Business Jobs and Credit Act of 2010‘s “bonus depreciation” allowance through the end of 2011, and an increase in that amount from that act’s 50 percent to a full 100 percent. For the year of 2012, it returns to 50 percent.[9] The White House hopes the 100 percent expensing change will result in $50 billion in new investments, thus fueling job creation.[2]

§                    An extension of Section 179 depreciation deduction maximum amounts and phase-out thresholds through 2012.[9]

§                                Together, the above two business incentive measures were estimated to have a negative revenue impact of $21 billion.[7]

§                    Various business tax credits for alternative fuels, such as the Volumetric Ethanol Excise Tax Credit, were also extended.[10] Others extended were credits for biodiesel and renewable diesel, refined coal, manufacture of energy-efficient homes, and properties featuring refueling for alternate vehicles.[9] Also finding an extension was the popular domestic Nonbusiness Energy Property Tax Credit, but with some limitations.[7]

§                    Estate tax adjustment. EGTRRA had gradually reduced estate tax rates until there was none in 2010. After sunsetting, the Clinton-era rate of 55 percent with a $1 million exclusion was due to return for 2011. The compromise package sets for two years a rate of 35 percent with an exclusion amount of $5 million. The negative revenue impact of this provision was estimated at $68 billion.[7][11]

§                    An extension of the 45G short line tax credit, also known as the Railroad Track Maintenance Tax Credit, through January 1, 2012. This credit had been in place since December 31, 2004 and allowed small railroad companies to deduct up to 50% of investments made in track repair and other qualifying infrastructure investments.[12]

       2.  a b c d e f “Tax Cuts, Unemployment Insurance and Jobs”The White House. Retrieved December 17, 2010.

7. ^ a b c d e f g h i j k “Tax Cut Extension Bill Wends Its Way to White House”. Accounting TodayDecember 17, 2010. Retrieved December 17, 2010.

9        ^ a b c d e Dupree, Jamie (December 9, 2010). “Tax Cuts Compromise Package Summary”. The Atlanta Journal-Constitution. Retrieved December 10, 2010.

TV Ads May Soon Target You Personally

DATA DRIVEN VIEWPOINT: How, as good citizens, can we ever expect to broaden our views and embrace our differences when everything we read, see on TV or hear in broadcasts are increasingly tailored to our current preferences?

“But these targeted ads are just commercial pitches for products we might want”, you say?

Maybe, but what we consume, what we produce and what we prefer not only derive from culture, it also drives culture changes.  The things we buy and the person we become have a transactional relationship, each influencing the other. So our purchases influence our attitudes and world outlook even as our attitudes and outlook influence what we want to buy.  Allowing broadcast media to so personally influence our buying habits likely has unseen consequences.

Coming in 2013 – targeted TV ads

BRobert Andrews
Nov 30, 20127:07AM

http://paidcontent.org/2012/11/30/coming-in-2013-targeted-tv-ads/


TV advertising remains healthy, but platform operators want a bigger slice of the pie. Next year, some will introduce targeted advertising to their set top boxes, promising greater granularity and more effectiveness to marketers.Just like with static display ads online, we have become used to seeing targeted video ads on the web, mobiles and tablets.

Now video ad targeting will come to the living room, when the UK’s two big pay-TV operators will soon start showing targeted ads to viewers in 2013. [SNIP]

The products

Leading provider BSkyB will trial-launch an NDS Dynamic-powered service to seven million set top boxes under the AdSmart banner by the summer, allowing advertisers to target 90 different demographic attributes. According to Sky

[SNIP]  Read more at the above URL address