Re: A very basic printing question re XY3

["Andy Turnbull" andyt@xxxxxxxx]

Immigration barriers violate human rights? Does the lock on your front door
violate my rights?


Did the Palestinians have no right to Palestine, where their people had
lived for 1,000 years or more? Did the Indians have no rights to the
Americas?


andy t


----- Original Message -----
From: "Harry Binswanger" 

To: 
Sent: Wednesday, December 10, 2008 8:10 PM
Subject: RE: A very basic printing question re XY3






 (Atlas Shrugged, p. 1031)


I love this Harry. How utterly shocking it must have seemed to an American
society which was still in 1957 filled with constitutional and very dear
do-gooders of a type now apparently extinct. Still, we can, fifty years
on, see a problem with Atlas. It came just the other day, when Alan
Greenspan went to explain the meltdown to Congress . . . and he shrugged!


Yeah, Greenspan is a piece of work. To name drop: I met him several times
in the 60s, and I was at one party at Ayn Rand's apartment that Greenspan
attended. I think he really did care personally for her, in the early
days.

But as early as 1970, I decided he had sold out (on the basis of a speech
he gave that year). And his Congressional testimony--"don't blame me,
blame
freedom"--was the last step in a long, long series of betrayals of Ayn
Rand.


So, the problem is not with "Atlas" but with the regulatory state. How
come

the one million (count 'em: one million) regulations didn't prevent this
crisis? How come Greenspan's Fed gets a free pass, when it created the
overly cheap mortgages?

I know you're waiting for my solution to the crisis, so here it is.
De-regulate. The best short-term measure, for the pivotal issue of
housing,

would be: open the doors to immigration. Currently, we let in 500,000
annually. Let's ten-tuple that to 5,000,000 annually, and they will bid
our
real-estate prices back up. Think about it. I've heard the slogan we
should

use: "Buy a house, get a Green Card."

Restrictions on immigration are immoral anyway. People don't qualify as
criminals because they reside in a "foreign" country. Immigration barriers
violate individual rights.




Harry Binswanger
hb@xxxxxxxx




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