Big Government, not Big Media, Threatens Free Speech

Self-appointed consumer watchdogs–including Obama’s recent pick for FCC chair, Julius Genachowski–have long complained about media consolidation. So it was no surprise that when the FCC recently loosened restrictions barring companies from owning a newspaper and TV station in the same city, these critics went apoplectic and are now urging the House to follow the Senate in blocking the measure.

Media consolidation supposedly threatens free speech. A few conglomerates, critics warn, have seized control of our media outlets, enabling these companies to shove a single “corporate-friendly” perspective down our throats. As Senator Byron Dorgan put it, “The free flow of information in this country is not accommodated by having fewer and fewer voices determine what is out there. . . . You have five or six corporate interests that determine what Americans can see, hear, and read.”
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Ayn Rand Institute Now Offering Impact Newsletter Free on the Web

The Ayn Rand Institute is pleased to announce that its Impact newsletter is now available electronically to Web visitors. Beginning with the January 2009 issue, ARI’s Web site will now offer all of its Impact issues online as PDF documents.

Impact, which remains available in a print edition for ARI donors of $35 or more each year, delivers the latest news and progress reports on ARI’s programs, along with interviews of Objectivist intellectuals and monthly highlights of different aspects of Ayn Rand’s philosophy.

The new, free electronic format will serve as an excellent way of introducing newcomers to ARI’s goals and programs. Additionally, visitors may now view a three-part introductory video on ARI’s home page, which provides information about Ayn Rand, Objectivism, and the Ayn Rand Institute.

» View ARI’s Impact newsletter online

Open letter to Mark Cross, former candidate for RPOF state chair

Dear Mark,

I am both bewildered and saddened to find myself writing this letter. I have always considered you a friend and ally – someone who was working toward the common goal of restoring freedom and liberty while bringing some honesty and integrity to the Republican Party. I still believe the above to be true, but I no longer trust your judgment after the events that unfolded last weekend.
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Watch and Learn from Hugo Chavez

Washington, D.C. – Venezuelan dictator Hugo Chavez has halted construction of a private shopping mall in downtown Caracas as a first step toward confiscation. “We’re going to expropriate that and turn it into a hospital–I don’t know–a school, a university,” said Chavez on his weekly radio show.

“Americans can learn an important lesson from the spread of socialism in Venezuela,” said Thomas Bowden, an analyst at the Ayn Rand Center for Individual Rights. “What is Chavez counting on when he grabs a private building and vows to make it into a hospital, school, or university? He’s counting on his listeners to excuse the seizure of private property because a higher moral purpose is supposedly being served.

“Chavez is relying on the fact that socialism embodies the world’s moral ideal of individual sacrifice for the ‘common good.’ History has taught him that no opponent will denounce that ideal. And so he climbs to the moral high ground, turning his back on socialism’s dismal historical record of economic decline, lost freedoms, and human misery.

“As long as the moral ideal of self-sacrifice remains unchallenged, socialism will continue to spread–not only in the third world, but in America as well.

“There is a rational alternative. It’s laissez-faire capitalism, which upholds the individual’s moral right to live and work for his own sake, not society’s. But to establish freedom we must dig up the moral roots that continue to nourish socialism worldwide.”

Pain of Recession Foretells Agony of Green Economy

Washington, D.C.–For the first time in 25 years, global demand for oil is expected to decline two years in a row. The decline is an effect of the global economic recession, which has dramatically reduced production and trade worldwide.
 
“This recession, with all its grim news of job loss and economic hardship, should be seen as a cautionary tale against coercive energy and climate policies,” said Keith Lockitch, fellow of the Ayn Rand Center for Individual Rights.
 
“Energy is the motive power that fuels production and trade. When economic activity slows, so does energy demand. But it goes the other way too. Imposing restrictions on the use of energy–as would occur under a system of carbon regulation–would choke off the economy’s fuel and shut down productive activity. The economic pain we’re all feeling in this recession is nothing compared to the pain we would feel if we adopt green policies that cut off fossil fuel consumption.
 
“For one thing, a recession is a temporary downturn; we can expect that once the economy picks up again, producers will increase their demand for energy toward renewed growth and prosperity. Also, nobody sets out to cause a recession. But if we voluntarily adopt green policies that force cutbacks in energy, the result would be a self-inflicted depression that would cause economic pain for as long as the policies are in place.
 
“Those who claim that we could avoid economic hardship by running a green economy on windmills and solar cells are seriously out of touch with reality. None of the so-called alternative energies that are supposedly going to power the ‘green energy revolution’ have proven themselves to be practical sources of energy. And this despite decades of research and billions of dollars in subsidies.

“Whatever you think about global warming–and there is ample evidence to reject the hysterical claim that we are facing any sort of planetary emergency–the reality is that a drastic reduction in carbon emissions means a reduction in the use of energy far greater than anything we are seeing right now, and the corresponding economic decline would make this recession seem like a party.”

How to Stop the Next Madoff

Washington, D.C.–“Want to stop the next Madoff? Gut the SEC,” says Yaron Brook, executive director of the Ayn Rand Center for Individual Rights.

“Part of the reason Madoff’s misdeeds went undetected is that the Securities and Exchange Commission spends most of its time doing things the government has no business doing. The only legitimate job of a securities law enforcement division is to protect investors against the specific crimes of theft, fraud, and breach of contract.

“But the SEC plays a much different role. Its mandate is to attempt to make investing ‘safe’ by controlling every aspect of financial markets, from dictating the composition of mutual fund boards to mandating public release of executive compensation numbers that shareholders want kept private to determining when executives are allowed to sell stock–‘insider trade’–instead of leaving that to the discretion of a company’s owners.

“In pretending to guarantee to investors that their investments are sound, which is impossible, the SEC encourages the kind of blind group-think that characterized the Madoff investors. And with the SEC devoting itself to a sprawling array of elaborate witch-hunts, such as the ‘insider trading’ case against Mark Cuban, what time or attention does it have for real fraud?

“The answer–as is clear from the fact that a 29-point, 17-page report on Madoff, submitted in 1999, 2001, and 2005, entitled The World’s Largest Hedge Fund is a Fraud slipped through its cracks–is none.”

 

Let Airlines Decide Who Boards Their Planes

Washington, D.C.–A 29-year-old Middle Eastern man who insisted on occupying the window seat closest to the cockpit while wearing a T-shirt saying, in Arabic and English, “WE WILL NOT BE SILENT,” has been paid $240,000 to drop his discrimination lawsuit. Raed Jarrar had sued JetBlue and two federal security officers for having made him cover the T-shirt and sit in the rear of the plane, to mollify passengers who felt threatened.

“It’s an injustice when a private airline is penalized for exercising its rights as an owner,” said Thomas Bowden, an analyst at the Ayn Rand Center for Individual Rights. “Property owners are entitled to set standards for conduct, including dress codes, that their customers must observe when using company property. If a potential customer finds those standards unreasonable, he is free to take his business elsewhere.

“Here, JetBlue should have been legally entitled to forbid Mr. Jarrar from frightening other passengers aboard its privately owned jetliner. In deciding the matter, JetBlue had a right to consider that Mr. Jarrar’s behavioral and physical profile resembled that of terrorists who have left a trail of blood and bone across the globe, both before and after destroying the World Trade Center with hijacked airliners in 2001.

“Now, however, Mr. Jarrar is a quarter-million dollars richer because our anti-discrimination laws forbid businesses to use their own judgment in these matters.”

Obama’s Backward Economics

Washington, D.C.–“Barack Obama claims that Americans can only stave off economic disaster by trillions in government spending–which means trillions of dollars taxed or borrowed to finance government make-work programs,” said Yaron Brook, executive director of the Ayn Rand Center for Individual Rights.
 
“Obama-nomics couldn’t be more wrong.
 
“Prosperity requires that the government drastically cut government spending. That way, as much real capital as possible will remain in private hands, and be put to productive use by entrepreneurs to create valuable goods and services to sell at home and abroad. By taxing and inflating our wealth away, Obama will simply be creating more of the crushing debt that brought about the current crisis.”
 
“You don’t put out a fire with more gasoline. And you don’t end a recession by destroying capital.”

No "Footprint," No Life

By Keith Lockitch (Washington Times, January 9, 2008)

As environmentalism continues to grow in prominence, more and more of us are trying to live a “greener” lifestyle. But the more “eco-friendly” you try to become, likely the more you find yourself confused and frustrated by the green message.

Have you tried giving up your bright and cheery incandescent light bulbs to save energy–only to learn that their gloomy-but-efficient compact fluorescent replacements contain mercury? Perhaps you’ve tried to free up space in landfills by foregoing the ease and convenience of disposable diapers–only to be criticized for the huge quantities of energy and water consumed in laundering those nasty cloth diapers. Even voicing support for renewable energy no longer seems to be green enough, as angry environmentalists protest the development of “pristine lands” for wind farms and solar power plants.
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Atlas Shrugged Essay Contest Pays $24,000 in Prizes

IRVINE, CA–University of California Los Angeles undergraduate Robert Sanders, from San Jose, CA, is the winner of the Ayn Rand Institute’s annual “Atlas Shrugged” essay contest, for which he received a prize of $10,000.

Open to 12th graders and both undergraduate- and graduate-level college students, the “Atlas Shrugged” essay contest requires contestants to write on one of several topics dealing with the characters and themes in the novel. The contest is designed to promote critical thinking and writing skills. Essays are judged on both style and content.

With 1,917 contestants, 2008 was the most competitive year in the contest’s history. The previous record was 1,647 contestants in 2003.

The following students have won this year’s second and third prizes:

Second-prize winners ($2,000):

Gregory Arney, Berklee College of Music, Boston, MA
Ryan Krause, Indiana University, Bloomington, IN
Margaret Wray, Cornell University, Ithaca, NY

Third-prize winners ($1,000):

Abigail Chernick, Mount Holyoke College, South Hadley, MA
Cadmus Kyrala, University of Birmingham, Birmingham, United Kingdom
Melanie Martin, University of California at Santa Barbara, Santa Barbara, CA
Ryan Menezes, University of Pennsylvania, Philadelphia, PA
Tay Tufenkjian, George Washington University, Washington, DC

The contest also awards 20 finalists ($100) and 20 semi-finalists ($50). A complete list of winners and a copy of the first-prize essay can be read online at the Ayn Rand Institute’s website.

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