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Being Watched Over By Machines - Rand Economics and ethical values v personal gratification

Article By: donkylemore
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Being watched over by Machines -
i know v little of economics but something went wrong
the idea that virtue could be redundant repulses me if it is is in conflict with altruism.
This is about what I believe to be the odiously flawed philosophy of Ayan Rand- and all her brand .
Watch out for this Program if it comes your way . It shows how controlled and manipulated by money lenders- Not really banks - a more arcane group with massive amounts of money.
They sit as predators ; waiting to pounce on economies which are in trouble .; lend them money at crippling rates , then demand their money back . The IMF are their protectorate , and enforce the countries to repay.
This happened first in Indonesia ... Now its happening in Greece .. and Ireland along with the other PIGS ( Portugal Ireland Greece Spain.
Charming .. to be at the trough .. beggar bowl in hand .
But lest I give the impression otherwise I should emphasise that the bankers would not have screwed us had it not been for our personal greed ...
In Ireland we were unused to big money until the Celtic Tiger years - 2001 -2007 .
We borrowed like it was going out of style .
One of our property speculators bought the Savoy Hotel in London .. and hoisted the Irish tricolour on top just to cock a snoot at the Brits. Now he is in debt to the tune of €400 million ..


Submitted:May 27, 2011    Reads: 25    Comments: 0    Likes: 0   


Being watched over by Machines -

Philosophy of Ayan Rand
I know v little of economics but something has gone massively wrong and I watched this program which disconcerted me .
The idea that virtue could be redundant repulses me if it is in conflict with altruism.
This is about what I believe to be the odiously flawed philosophy of Ayan Rand- and all her brand .
Watch out for this Program if it comes your way . It shows how controlled and manipulated by money lenders- Not really banks - a more arcane group with massive amounts of money.
They sit as predators ; waiting to pounce on economies which are in trouble .; lend them money at crippling rates , then demand their money back . The IMF are their protectorate , and enforce the countries to repay.
This happened first in Indonesia ... Now its happening in Greece .. and Ireland along with the other PIGS ( Portugal Ireland Greece Spain.
Charming .. to be at the trough .. beggar bowl in hand .
But lest I give the impression otherwise I should emphasise that the bankers would not have screwed us had it not been for our personal greed ...
In Ireland we were unused to big money until the Celtic Tiger years - 2001 -2007 .
We borrowed like it was going out of style .
One of our property speculators bought the Savoy Hotel in London .. and hoisted the Irish tricolour on top just to cock a snoot at the Brits. Now he is in debt to the tune of €400 million .. View table of contents...

I strung these thoughts having watched the aforementioned program


"That human beings have direct contact with reality through sense perception, that one can attain objective knowledge from perception through the process of concept formation and inductive and deductive logic, that the proper moral purpose of one's life is the pursuit of one's own happiness or rational self-interest, that the only social system consistent with this morality is full respect for individual rights, embodied in laissez faire capitalism, and that the role of art in human life is to transform man's widest metaphysical ideas, by selective reproduction of reality, into a physical form-a work of art-that he can comprehend and to which he can respond emotionally.

My philosophy, in essence, is the concept of man as a heroic being, with his own happiness as the moral purpose of his life, with productive achievement as his noblest activity, and reason as his only absolute.

-Ayn Rand, Atlas Shrugged[4]

Take the first of theses concepts - ;
"that. the proper moral purpose of one's life is the pursuit of one's own happiness or rational self-interest, "

So if my idea of my pursuit of my happiness conflicts with yours where are we then
DO I acquiesce to your fulfilment of happiness and set aside mine . And not alone mine but those of all my civilization ?
My rational self interest could be to rule a country , take out all those men who would pose a risk to my policy , and leave those who have affirmed their complete devotion to me as the supreme human . Of course this would require that all dissenting males would be executed /
Then I would turn to the women and choose of them all I wished to use in the pursuit of my happiness . I would have to insist that they too would bow at my feet. Adore me . And wait for my call form my global harem for them to pleasure me .

There's something wrong here. Suppose someone else has the same idea /Or that many both male and female have the same ambitions .
This is the principal of glorified hedonism which was taken up by the Greenspan and the Money men in silica Valley in the 1970's

The money lenders adopted this as a New Testament .They bankers endeared themselves to the US government .
When the Eastern economies began to falter they the money men got together and lent them massive sums at punitive rates of interest. These men were so powerful that they had the IMF in their pockets. If a country was looking as if it were going to default and not repay the loan the IMF stepped in and made it a global edict that the country comply. The IMF moved in to the Pilipino government and demanded that the loan be repaid . It was repaid with ruinous consequences. So the money men took no risk whatever. They earned on their interest from the loan . The loan itself was secured by decree of the IMF .
If the country deigned to default the consequences were equally ruinous . They knew they could never go back to the money markets again .They also would face sanctions , which would stranglehold their exports . So for the country it was a lose lose situation and the obverse for the bankers ; win win .
The bankers just couldn't lose despite how their investment went .
This was moved up a gear in Reagan's tenure in the USA while in the UK Thatcher went along having stated that she believed that " there was no such thing as society"

The Philipine people saw this new free money as mana and began to spend and spend , way beyond their means . Then they went bust . And then the lenders demanded their money back . So the money that the IMF lent them to bail the Philinine government out went straight back into the banks and the lenders got theiir money back . Essentially they made debt collectors of the IMF .
The country of course collapsed . Their economy was in ruins. He IMF lent them more money . But wait . This money too was taken straight back from their economy to pay the debt owed to the bankers ( Not Governments )
There was widespread revolt against their governments .
But we'll leave them there .


Then the bankers turned their attention to China . They again pumped money in to China as an engine to the emerging industries . . Money was invested in the Chinese economy.. The Chinese produced with prolificacy . Cars dolls and every consumer item in high demand by the US especially were churned out in gargantuan quantities - and exported to America . The products sold so readily because of their value . America could not compete with the manufacturing costs in China .

The bankers are hovering ready to swoop .Same trick was expected to work .by the bankers So when the bankers demanded their money back the Chinese devalued their currency , agreeing to pay only the interest due on the massive loans .This was entirely legal as the Chinese had not repudiated on their loans. Just payed the intersest .The US was then flooded with cheap goods from China . And the dollars flew back into China.
The US and the IMF in this regard are are it must be assumed to be of the same family - the same thing , So now with the Chinese holding more US dollars than the US itself there was a problem . The US wanted her dollars back. The Chinese agreed to give back trillions of dollars in lieu of US Bonds.
So the Chinese still are bonded to the wealth of the US Economy- they still own all the dollars after all .The US is in hock to the Chinese .

Greenspan went along with all of this easy light touch laissez faire policy. And what followed emanated from a philosophy which had its foundations in the ideal logy of this woman - Ayn Rand



Rand advocated reason as the only means of acquiring knowledge and rejected all forms of faith and religion. She supported rational egoism and rejected ethical altruism.opposed all forms of collectivism and statism, instead supporting laissez-faire capitalism, which she believed was the only social system that protected individual rights.Libertarians support maximum liberty in both personal and economic matters. They advocate a much smaller government; one that is limited to protecting individuals from coercion and violence. Libertarians tend to embrace individual responsibility, oppose government bureaucracy and taxes, promote private pleasure.


But for each of us who wish to live in a world where all men are created equal - where our leaders are chosen by , from and of the people .- How does this resonate now ? That Greenspan among others from the Silicon Valley set came under her spell seems paradoxical at first , but theen consider the kind of morality that these people lived by . They were amoral . They and the bankers contrived to create the fastest and most comprehensive means of money transfer . This was an imperative for the sucess of the predators who were like vultures hovering over the oppertune countries; those whose economies could ill afford to decline a massive cash injections to help them through their assumed temporary financial difficulties .



The ideology of this woman was flawed in the extreme . . While I may loath the bankers and utterly repudiate the Rand philosophy of " the concept of man as a heroic being, with his own happiness as the moral purpose of his life " - this concept is to morality what goodness is to evil .- what noise is to silence

Altruism , which this woman distains is a derivation of measures of virtue.Self sacrifice , benevolence , generosity , courage , self denial . These are all things are all virtues -which would be regarded as regressive by Rand.

Altruism in fact is the only reason for living for being;, and is ultimately is the only reason worthy of for dying for - for a better society.
We are social animals . As are ants , bees and rats . ( rats will commit suicide for the betterment of their community)
So its down to this - society and altruism . And we are each responsible for holding our societies together , by a warm smile ..a flattering word









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