This book is rapidly earning a spot on the reading list. I suppose you could say that I enjoy a story with a bunch of subversive subplots going on. I also appreciate a long and intricate story. If a book is going to be short like Animal Farm, it very well better get to the point and quickly. Animal Farm is going on the review list too, I have a couple others ahead of it first.
There is a lot going on in this chapter that is relevant to the current story lines in the plot. In fact, it is probably an end to the most controversial issues to date. I didn’t recognize that there were a lot of new concepts however. I am not sure where things are going from this chapter other than there is sure to be more interaction between Frank D’aconia, Jim Taggert, Dabny Taggert and Henry Reardon.
In the first, third of the chapter, we have the Equalization of Opportunity bill in action. Reardon ends up selling his different business interests to individual industrialists. Some of them are consolidating operations and others seem to be friends. It is clear that many industrialist are not happy with the status quo, but we get a glimpse into Reardon’s character. He will fight for his business in management and the marketplace but not in the political arena.
In the second, third we have more doubt on the John Galt Line. Dabny holds a press conference, concerning the near completion of the line. We have the same battle lines with the media saying it is going to be a disaster and the normal folks betting on success. The third, third of this chapter had the first run on the John Galt line. Of course it was successful, what did you think was going to happen?
So, lets talk about the media and misdirection or agenda pushing. Did anyone hear about the Inflation Reduction Act 2022? If you see the title, you would think that this is an attempt to actually reduce inflation. Despite the fact that the government is claiming there is no recession and inflation is minimal, why would we need to reduce inflation?
You can follow the link above to see what is actually in the bill (on a summary level). But, if you ignore the actual details and just look at the cost summary, you will see that this is touted as a deficit reduction. How is this actually done? Primarily there are some rebates that are terminated and taxes are raised on corporations.
Let us look into the bill for a minute. The ‘benefits’ of the bill are targeted toward climate change and health care rebates and changes. Now, if we take the name of the bill at it’s face value, how in the world are these things related to inflation reduction? I really don’t have the time and/or space to discuss how inflation works. But, simplifying inflation for a quick bite: inflation is driven by the federal reserve (non-governmental entity of member banks) increasing the money supply and this is done through fractional reserve banking. I hate to break this to you readers, but inflation is actually desired by the government because this is how the federal debt is financed. Older (more valuable) debt is payed with less valuable money.
Circling back to the media now. We have the useful idiots parroting all the great inflation reduction that we are going to see just like the media is publishing false information sourced by the State Science Institute in Atlas Shrugged . We are going to do that by raising taxes on the rich and giving money to people to buy electric cars, all the while the national debt is reduced. Huh, I can’t make the connection.
End Your Programming Routine: Pick your issue here. Trump has nuclear secrets at his home, the election was stolen, there is no inflation, stay home and save lives, two weeks to flatten the curve, get your vaccination to do your part… lies. I don’t like to talk about politics this definitively but if you are wrapped up in the BS that is being fed, then you are a drone. The government is going to do what they are going to do. We the people need to focus on things that matter to us. The political circus is still happening every day, don’t go.
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