Robert Tracinski on the New Orleans Disaster

Robert Tracinski has written a terrific article for The Intellectual Activist about what is taking place in New Orleans. It begins:

It has taken four long days for state and federal officials to figure out how to deal with the disaster in New Orleans. I can’t blame them, because it has also taken me four long days to figure out what is going on there. The reason is that the events there make no sense if you think that we are confronting a natural disaster.
If this is just a natural disaster, the response for public officials is obvious: you bring in food, water, and doctors; you send transportation to evacuate refugees to temporary shelters; you send engineers to stop the flooding and rebuild the city’s infrastructure. For journalists, natural disasters also have a familiar pattern: the heroism of ordinary people pulling together to survive; the hard work and dedication of doctors, nurses, and rescue workers; the steps being taken to clean up and rebuild.
Public officials did not expect that the first thing they would have to do is to send thousands of armed troops in armored vehicle, as if they are suppressing an enemy insurgency. And journalists–myself included–did not expect that the story would not be about rain, wind, and flooding, but about rape, murder, and looting.
But this is not a natural disaster. It is a man-made disaster.

Read the full article to find out why.

Inside 9/11 – National Geographic Documentary

The National Geographic Channel will broadcast a four-hour documentary tracking the events leading up to the terror attacks on 9/11 four years ago. The documentary, Inside 9/11, is in the form of a timeline and is divided into two parts. The first, “War on America”, tracks terrorist activities aimed at U.S. targets throughout the 1990s and charts the response of the U.S. intelligence community to these attacks and to the evidence about the imminent 9/11 plot. The second part, “Zero Hour”, captures the horror and the heroism witnessed on 9/11/2001. The documentary will air on September 8 at 7pm EST and at 11pm EST, and on September 11 at 1pm EST.
From the show’s description:

With each successful attack, al Qaeda becomes more emboldened. With each failure of the U.S. government to respond or stop their activities, the organization and the legend of Osama bin Laden grow… Inside 9/11 follows the footsteps of the terrorists as they formulated their plans, infiltrated our country and executed their suicide missions.

The documentary goes back to the Soviet defeat in Afghanistan at the hands of the Mujahadeen, who were led by Osama Bin Laden among others, and shows how their victory led to a new euphoria, suggesting that any Western superpower could be undone by bands of well-organized martyrs. The documentary also brings up early evidence of what would become radical Islamic cells, such as the 1990 murder of Rabbi Meir Kahane, which was dismissed as a dead-end dispute between the radical ends of two religions.
A commending review of the documentary in the New York Times states: “The National Geographic Channel honors the fourth anniversary of the terror attacks with a rational approach to what is usually treated with poetry and ceremony. Instead, the two-part Inside 9/11 is a four-hour compendium of the facts of the matter.”

Lisa VanDamme on C-SPAN Radio, Sun 4 Sept

From the Ayn Rand Institute:

On Sunday, September 4, 2005, at 10 AM Eastern Time, C-SPAN Radio is scheduled to broadcast a talk given by Lisa VanDamme at Objectivist Summer Conference 2005, “Reclaiming Education, Part 2.” Please consult your local listings for broadcast times in your area.
C-SPAN Radio is currently available on XM Satellite Radio and Sirius Satellite Radio. For other information on C-SPAN radio broadcasts go to: http://www.c-span.org/listen/satellite.asp

BB&T Donates $1 Million to UNC Charlotte

From an announcement on UNC’s Belk College of Business web site:

BB&T donates $1 million to UNC Charlotte
Gift will create programs focused on moral foundations of capitalism
The Belk College of Business has received a $1 million contribution from the BB&T Charitable Foundation to create a program for the study of the moral foundations of capitalism.
The donation was spearheaded by BB&T Chairman and CEO John A. Allison IV (left), who found common interests with Claude Lilly, dean of the Belk College.
“During a dinner meeting last year, our conversation turned from ethics and leadership to metaphysics, Objectivism and Ayn Rand,� Lilly said. �John and I discovered that we share an interest in how business schools discuss capitalism in their courses, as well as the importance of teaching ethics and values in business.�
The contribution is payable over five years and will be used to support the development of a course on ethics and morals in capitalism for advanced business undergraduates and MBA students. Lilly will be the first instructor for the course, which will be offered as a business elective in the spring 2006 semester. Additionally, the gift will fund faculty research on the philosophical underpinnings of capitalism; create a speakers series focusing on ethical and core values in business; support the Center for Applied Ethics at UNC Charlotte; and establish an Ayn Rand reading room on campus.

See their full announcement for more information.
Incidentally, this is the same BB&T who we noted last year made a $1 million grant to the University of South Carolina to promote the study of capitalism.

Neal Aronson and Atlanta's Roark Capital Group

An article in the Atlanta Daily News, “Roark Capital Group Builds Trust, Helps Franchise Companies Grow,” provides some interesting background about a relatively new private equity firm in Atlanta.
The article begins:

ATLANTA – In only a few years, Roark Capital Group, an Atlanta-based private equity firm, has made significant headway in debunking many of the stereotypes associated with the private equity industry. To become the strategic partner of choice, Roark is working with the people behind the franchise brands to create long-term solutions by committing capital to expand systems while also providing liquidity and estate planning for owners.
As an increasing number of high-quality franchise companies seek ways to strengthen their brands and increase the number of successful franchise locations, many are gun-shy about entering the often misunderstood world of private equity for their needs. Roark is establishing a strong track record of supporting companies and building upon existing infrastructures and core brand integrity.

What’s in a name:

Roark was named after architect Howard Roark, the protagonist in Ayn Randâ??s classic â??The Fountainhead.â? Howard Roark refused to succumb to conventional wisdom while many of his peers altered their architectural designs to follow the latest trend and gain fleeting notoriety. The book concludes with the former architectural elite exposed as frauds, and Roark revealed as a true visionary with unwavering commitment to integrity.
Rather than investing in the latest fad and looking for a quick exit, Roark seeks opportunities to support the long-term growth of businesses through strategic oversight and additional capital investment. Having actually operated franchise businesses, the partnerâ??s at Roark appreciate the challenges of managing a growing franchise system and actively support their portfolio companies and its management partners in good times and bad.

The man behind the company:

â??Our goal is to be the preferred strategic partner and capital source for franchise companies by earning the trust of those with whom we do business,â? said Neal Aronson, founder and managing partner of Roark Capital Group. â??We abide by the highest ethical and moral standards while treating our management partners, franchisees, investors, lenders, and advisors, with dignity and respect, creating a long-term win-win proposition.â? […]
Prior to forming Roark, Aronson was a co-founder and CFO of U.S. Franchise Systems, Inc. (USFS), which began with 12 people, one brand and 22 open franchised hotels in nine states. Within five years, USFS became the 10th largest hotel franchise company in the U.S. with 200 people, three brands and 500 open franchised hotels in 49 states and five countries. After 14 years in the finance arena, Aronson started Roark.

See the full article for more information.

Who Should Foot the Bill for Katrina?

As the cost of the devastation wrecked by the hurricane in Louisiana and other Southern states keeps escalating, the question is raised: who should foot the bill for the damage? Jack Chambless, Economics Professor at Valencia Community College in Orlando, Florida, answered the question unequivocally: Not the federal government. Chambless stated that “not one taxpayer dollar should go toward rebuilding the city of New Orleans.” Invoking the U.S. Constitution, Chambless argued:

[W]e have every obligation to provide for New Orleans in terms of charity, private charity from one person to the other. But the founding fathers never intended, Article One, section Eight of the Constitution, never intended to provide one dollar of taxpayer dollars to pay for any disaster or anything that we might call charity.

(For reference, article One, section Eight of the Constituion states: “The Congress shall have power to lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States.”)
Chambless concluded by making a case for the free market: “Between charity and between people making rational decisions about where they would like to live and buying insurance if they can afford it, you will still have people living in these areas.”
Read the entire transcript.
Chambless was a guest at the Fox News show “The World with Neil Cavuto” on Tuesday, Sept 30. The show’s host, Neil Cavuto, asked another question in his daily column. He wondered where was the international relief aid provided for disasters around the globe: “When this kind of stuff happens to other folks, we’re there. When this kind of stuff happens to us, who’s here?”
Update: House Speaker Dennis Hastert (R-Illinois) announced that: “It makes no sense to spend billions of dollars to rebuild a city that’s seven feet under sea level.”

Republicans Flunking Limited Government Test

Radley Balko has an excellent article on FoxNews exposing the modern Republican party’s abysmal record of enforcing limited government. Not that this is a news flash, for most people. But it’s alarming nonetheless, and Balko does a nice job of summarizing the key failures.
His article begins:

The Washington Post reports that in 1987, President Ronald Reagan vetoed a transportation bill passed by Congress because it had 157 “earmarks”â?? money set aside for Congress members’ pet projects that would ostensibly be considered too wasteful to pass as laws on their own merit.
Reagan made a show of his veto. It was a symbolic stroke against government waste, against the Democratsâ?? tradition of, for example, diverting every federal highway through West Virginia, then naming it after Sen. Robert Byrd.
Fast-forward to 2005. Republicans control the White House and both houses of Congress. Early on a Saturday morning in August â?? the day of the week, and the month of the year, least likely to attract media attention â?? President Bush signed into law a highway bill passed by his own party with more than 6,000 earmarked projects.
Bush signed the bill after sternly telling his party he’d veto any highway bill that spent more than $256 billion. He promptly “adjusted” that figure to $284 billion after complaints from party leaders. The bill Bush ultimately signed came at a price of $286 billion, $295 billion if you count a few provisions disguised to make the bill look cheaper than it actually is. Not exactly holding the line.
The Republican Party’s wholesale abandonment of limited government principles has been on display since President Bush took office. Government spending under the GOP’s reign has soared to historic highs, any way you want to measure it. And in stark contrast to President Reagan â?? or even the president’s own fatherâ??President Bush refuses to rein in spending. He hasnâ??t used his veto a single time since taking office â?? the longest such streak in U.S. history.

See the full article for more details.

The Ideas behind the Gaza Strip Withdrawal

Paul Eidelberg, a political scientist at the University of Chicago, detects the ideas behind the Israeli unilateral withdrawal from the Gaza Strip. He writes:

It began when the leaders of Israel, superficially good men, began to consort with profoundly bad men. I am referring to Israeli prime ministers, the leaders of a reputed democracyâ??ostensibly a good regimeâ??began to negotiate publicly with Arab tyrants, i.e., the rulers of bad regimesâ??and did so in quest of â??peace.â?
By negotiating with bad men, Israeli prime ministers dignified them and thereby obscured the difference between just and unjust regimes. In other words, Israeli prime ministers initiated what is now called â??moral equivalence.â? By so doing, they morally disarmed their own people. They lowered their peopleâ??s moral standards as well as their peopleâ??s sense of honor.

In an op-ed at the onset of the withdrawal process two years ago, Robert Tracinski observed:

Justice demands that one judge rationally the character and conduct of those one deals with, rewarding the good and punishing the evil. To insist on diplomacy as an unqualified virtue–regardless of the nature and conduct of one’s foe–does not save lives or resolve conflicts; it merely rewards and emboldens the aggressors.

As Ayn Rand wrote in Atlas Shrugged, “In any compromise between food and poison, it is only death that can win. In any compromise between good and evil, it is only evil that can profit.”

Atlas Shrugged Movie Update: Synopsis Available

Baldwin Entertainment has provided a synopsis of their Atlas Shrugged movie they have under development:

ATLAS SHRUGGED
Written by: Jim V. Hart
Based on the novel ATLAS SHRUGGED by Ayn Rand
GENRE: Action Drama
LOG LINE: Dagny Taggart, one of the great heroines of modern literature, struggles to fulfill her great-grandfatherâ??s legacy as she steers her familyâ??s railroad conglomerate through the triple threat of government corruption, international terrorism and a mysterious force that is silencing the great thinkers of the day.
SYNOPSIS: Ayn Randâ??s groundbreaking novel foresees an American future eerily similar to the future that America faces today. The politics of fear embodied by stringent government regulation and irresponsible foreign policy have driven American society to the brink of collapse. Against this backdrop, Dagny Taggart wrestles her corrupt and dissolute brother for control of their great-grandfatherâ??s railroad conglomerate. Determined to live up to her ancestorâ??s name, Dagny steers the railroad through a minefield of government sabotage, domestic disintegration, and international terrorism. All the while the destruction of the American way is hastened by a mysterious force that is silencing the great thinkers of the day. Their disappearance inspires a universal sense of fatalistic dread that is summed up by the new popular catchphrase: â??Who is John Galt?â?
TIME PERIOD/LOCATION: Near future â?? United States

Atlasphere member Diana Hsieh points out what could be some potential problems with this approach to the plot.