Atlas takes a government loan.
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Discussion

Fittster

Original Poster:

20,120 posts

237 months

Friday 10th July 2020
quotequote all
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...

Ridgemont

8,924 posts

155 months

Friday 10th July 2020
quotequote all
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
FFS. Is the moon in some kind of phase tonight bringing out the leftcanthrobs?

Fittster

Original Poster:

20,120 posts

237 months

Friday 10th July 2020
quotequote all
Ridgemont said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
FFS. Is the moon in some kind of phase tonight bringing out the leftcanthrobs?
This is one of those special loans, that you don't pay back.

Edited by Fittster on Friday 10th July 00:58

2xChevrons

4,216 posts

104 months

Friday 10th July 2020
quotequote all
They're only living up to the example set by their namesake, who railed against government spending and collective programmes and came up with a whole new 'philosophy' based on the rugged, self-actuating, selfish power of the individual...but still collected her welfare cheques when she needed to towards the end of her life.

Surely if the ARI can't function without support from the cloying dead hand of the dreaded state then The Market Has Spoken and it should be wrapped up?


Ridgemont

8,924 posts

155 months

Friday 10th July 2020
quotequote all
Fittster said:
Ridgemont said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
FFS. Is the moon in some kind of phase tonight bringing out the leftcanthrobs?
This is one of those special loans, that you don't pay back.

Edited by Fittster on Friday 10th July 00:58
And what is the condition for non repayment?

Electro1980

8,934 posts

163 months

Friday 10th July 2020
quotequote all
Ridgemont said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
FFS. Is the moon in some kind of phase tonight bringing out the leftcanthrobs?
What exactly is your point? That a government loan is not help from the government? That’s some strange logic.

Dr Jekyll

23,820 posts

285 months

Friday 10th July 2020
quotequote all
If it's a loan it's not a handout then I don't see the issue, the fact that it's from the government is irrelevant to the principle. Anyway, just because you don't believe in Santa Claus doesn't mean you stick your presents back up the chimney.

Teddy Lop

8,301 posts

91 months

Friday 10th July 2020
quotequote all
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
I dunno if you noticed or not but most western governments have recently enacted various forms of "lockdown" policy that directly prevent many businesses operating how they might otherwise choose to.

Fittster

Original Poster:

20,120 posts

237 months

Friday 10th July 2020
quotequote all
Dr Jekyll said:
If it's a loan it's not a handout then I don't see the issue, the fact that it's from the government is irrelevant to the principle. Anyway, just because you don't believe in Santa Claus doesn't mean you stick your presents back up the chimney.
It's a load you don't pay back.

So if the point of your organisation is to pressure the government in not spending money on anything, you don't think its a tad hypocritical to take a government handout when the going gets tough?

Fittster

Original Poster:

20,120 posts

237 months

Friday 10th July 2020
quotequote all
Teddy Lop said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
I dunno if you noticed or not but most western governments have recently enacted various forms of "lockdown" policy that directly prevent many businesses operating how they might otherwise choose to.
Surely a organisation that tries to force the philosophy of Rand on the world would have reserves / private donors it could call on if the market turned against it?

If you campaign against welfare how can you accept it yourself?


Countdown

47,699 posts

220 months

Friday 10th July 2020
quotequote all
Teddy Lop said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
I dunno if you noticed or not but most western governments have recently enacted various forms of "lockdown" policy that directly prevent many businesses operating how they might otherwise choose to.
Shouldn't they be pressuring the Government into NOT applying lockdown?

Digga

46,704 posts

307 months

Friday 10th July 2020
quotequote all
Countdown said:
Teddy Lop said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
I dunno if you noticed or not but most western governments have recently enacted various forms of "lockdown" policy that directly prevent many businesses operating how they might otherwise choose to.
Shouldn't they be pressuring the Government into NOT applying lockdown?
Perhaps, but that ship sailed pretty swiftly. It's moot.

There is a very rational argument to say this is merely compensation for state-sponsored loss of business.

Teddy Lop

8,301 posts

91 months

Friday 10th July 2020
quotequote all
Fittster said:
Teddy Lop said:
Fittster said:
" The institute promoting the “laissez-faire capitalism” of writer Ayn Rand, who in the novels “Atlas Shrugged” and “The Fountainhead” introduced her philosophy of “objectivism” to millions of readers, was approved for a Paycheck Protection Program (PPP) loan of up to $1 million, according to data released Monday by the Trump administration."


Hmm, taking a state handouts? Seems just a tad hypocritical

https://www.reuters.com/article/us-health-coronavi...
I dunno if you noticed or not but most western governments have recently enacted various forms of "lockdown" policy that directly prevent many businesses operating how they might otherwise choose to.
Surely a organisation that tries to force the philosophy of Rand on the world would have reserves / private donors it could call on if the market turned against it?

If you campaign against welfare how can you accept it yourself?
campaining against a system doesn't make you immune from the effects of living under it though. This is logic.

If 6 people go for dinner together and 2 vote for pizza but the others want curry so they go there should pizza boys be forced to go hungry?

I think the rand corp people are fruitier than a Jamaican cocktail menu but fairs fair.