> "Rand, who had come to America from Soviet Russia with striking insights into totalitarianism and the destructiveness of socialism..."
I'm sorry, I thought it was capitalism that just fudged the butter causing this economic crisis. I mean there was the whole mortgage deal (that only happened in the largely non-socialist US) that started screwing the economy up because the US doesn't have enough legal protections in place to stop people who physically don't have the money to pay a loan to get a loan in the first place. I mean there used to be the day in the US where if you had no money you'd get a credit check and then be refused like everywhere else in the world.
The subprime mortgage fiasco caused the big swathe of mortgages defaulting. Basically this made the banks need to get their money back or face bankruptcy, then the NYSE went down the crap hole, gas went through the roof and then the mixture of shit vehicles, crappy prices, high gas price/low mileage and big debts caused chaos for the big 3 automakers in the US.
I'm sorry, but correct me if I'm wrong, but that little summarization (essentially thanks to wikipedia) never once mentioned a country other than the largely non-socialist US.
The US's major butter fudging caused all the economic problems in the more socialist countries like the UK. The funny thing is, is that if the US had nationalised health care (like the UK) they would pay approximately half what they currently do for health care and would result in them being twice as healthy. Ironically this would mean more americans would have more money to spend and would have less reasons to not spend it, which is exactly what the economy needs right now.
On the side of Ayn Rand's background, she came from soviet Russia, which completely fucked up the whole socialism thing by preventing anyone losing a job or being unemployed. They avoided buying combine harvesters for farms because it would make some people unemployed not realising that those very people would become reemployed in other jobs... like fixing the combine harvesters.
Now I have a cute little pet bunny balled up in a blanket in between my legs whom, much like me, cares little about Atlas Shrugged and any misconceived links to the current financial crisis and he only cares that the prices of his food and hay and treats have all gone up a couple of dollars thanks to the US.