“What is good for General Motors is good for America” - Charlie Wilson, Chairman General Motors Corporation (1955)

In 1955, General Motors topped the Fortune 500 list as the largest corporation in the world, almost twice the size of Exxon Mobile. America was a land of unprecedented prosperity brought about by a relatively free market with government taking a relatively "hands off" stance regarding the booming American economy.

But in 1955 Ayn Rand already knew what the future had in store. She had grown up in a socialist country, and could see what was coming. In 1957, she published Atlas Shrugged, a fictional presentation of America falling apart both morally and economically. More importantly, her novel outlined crystal clearly the reasons for the culture-wide bankruptcy and what kind of thinking would be needed to turn things around.

Now it's 2009 and General Motors is unable to meet its financial obligations, causing the once great corporation to file for bankruptcy. Meanwhile, the once great United States government is not far behind in financial unsoundness and future historians will have no choice but to write: "What was bad for General Motors was bad for America."

Atlas Shrugged is one of the world's greatest novels, well worth reading in it's entirety. But especially read the portion of the novel that describes what happened to the Twentieth Century Motor Company. Then you'll understand what is happening in America today.



"God's laws will keep your minds at peace, because peace IS His Will, and His laws are established to uphold it. His are the laws of freedom, but yours are the laws of bondage. Since freedom and bondage are irreconcilable, their laws CANNOT BE UNDERSTOOD TOGETHER. The laws of God work only for your good, and there ARE no other laws beside His. Everything else is merely lawLESS, and therefore chaotic." -Jesus Christ in A Course in Miracles


0 comments