5 Temmuz 2012 Perşembe

Resurrecting Ayn Rand: Hedge Fund Money Teams Up With Koch & BB&T

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by PAM MARTENS and RUSS MARTENS (Counterpunch.org)Gary Weiss, the Wall Street writer who was ahead of his time with his comprehensive chronicle of Wall Street corruption in 2006 (Wall Street Versus America) charts a bold new course this week with the release of Ayn Rand Nation: The Hidden Struggle for America’s Soul.
Thanks to Weiss, the nation might just escape the next wave of Ayn Rand’s radical capitalism and student brainwashing by corporate money vultures fanning out across U.S. campuses.
Thanks to the trail paved in Weiss’ book, we did some further digging into the money cartel financing this “spontaneous” outpouring of campus and Tea Party interest in Rand, whose work is regularly considered by top academics to be mediocre and simpleminded.
This cartel has a striking similarity to the network of university economists set up by Big Tobacco in a money for hire scheme from 1983 to the mid 90s to blanket Congress and the media with bogus OpEds and research papers.
While it has been well known that the oil billionaire, Charles Koch, has been funneling tens of millions of dollars through his foundation into economic programs at public universities and mandating approval of faculty and curriculum in some instances, it has not heretofore been reported that a sweeping partnership in these programs has sprung up between Koch and the southern banking giant, BB&T, the latter corporation mandating that Ayn Rand’s book Atlas Shrugged is taught  and distributed to students.
Koch is based in Wichita, Kansas; BB&T in Winston-Salem, North Carolina. An email request to the Charles G. Koch Foundation for information on how this partnership evolved went unanswered, despite Koch’s copious web site claiming to want to set the record straight on his past funding schemes.
Raising more eyebrows is the discovery that the so-called populous craze for Ayn Rand’s seminal work, Atlas Shrugged, is also being financed by a  decidedly non-populist pact of deep-pocketed hedge fund operators.
As we reported yesterday in this space, the Ayn Rand Institute (ARI) has already conceded the following on its web site:
“ARI seeks to spearhead a cultural renaissance that will reverse the anti-reason, anti-individualism, anti-freedom, anti-capitalist trends in today’s culture. The major battleground in this fight for reason and capitalism is the educational institutions—high schools and, above all, the universities, where students learn the ideas that shape their lives…To date, more than 1.4 million copies of these Ayn Rand novels have been donated to 30,000 teachers in 40,000 classrooms across the United States and Canada.
“Based on a projected shelf life of five years per book, we estimate that more than 3 million young people have been introduced to Ayn Rand’s books and ideas as a result of our programs to date…partnerships have been established between ARI and the...
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