Reverend Samuel American Dollar.
He is everybody’s uncle. He comes in Red, Blue and White and not in Scott Malcomson’s one drop of the staining Red, White or Black blood of Philip Roth. We are all his nephews and nieces. Avuncular, he is the Santa until he can be Shylock.
The flirtation of We the People with Uncle Sam is indeed a SAD story, if only the old man’s initials are inscribed on his cuffs.
Uncle Sam has been idolized by Ayn Rand, the favorite Russian-American novelist of candidate for Vice President, Mitt Romney’s Republican running mate, Wisconsin Congressional District 1 Representative Paul Ryan, and a mentor and colleague of former Federal Reserve Chairman Alan Greenspan seen with Ayn Rand in a picture with former president Richard Nixon when Greenspan made his first foray into the Washington advising business.
Howard Roark – Rand’s protagonist in The Fountain Head, which spews pink these days in support of Dominique instead of Roark, standing next to the Fed’s marble but not granite William McChesney Martin Building on 20th and C Streets in Washington, District of Columbia, overlooking Constitution Avenue in theory and Unconstitutional Boulevard in practice – would have wanted to categorize people into four categories: first, the leaders; second, those who have the good sense to work with leaders; third, others who follow the leaders when its suits them opportunistically; and, of course, fourth, the countless clueless.
For meritorious leaders such as Roark, the clueless are the clients, the opportunistic pestilence, and the workers friends, when ultimately success in the form of money follows competence, an outcome of a life lived free or dead.
Roark would have been dead in today’s America where the blast furnace has been replaced by the printing press, not of Dominique but of Dominiques in service of the Don Juans of Wall Street, where ideas follow money. Dominique was perhaps then raped by Roark by the quarry, money by competence. It is any day better than Dominique ravaging Roark, competence by money.
It is important to understand why the pestilence is so, and especially potent if endowed with education, and money coming directly from central banks. Bright people such as Roark more often than not succeed early in offending their fellow denizens than they succeed in their work.
The third in the hierarchy of any society, ordinary people who play by the rules they had no role in fashioning, the Roarkian pestilence, freeriders as economists call them, always associate themselves with the rules of the game and the politically correct. These are the people of Franz Kafka’s Trial. They are usually well educated, including at the best academia in any country, and are paid well because they aspire up the ladder of the scheme of things. Such an ambition is not a bad thing. In fact, it is necessary for success in their world.
To these mediocre, uncommon competence is an affront to the order of the status quo, their bread and butter, because it introduces change, and hence, uncertainty into their scheme of life by transcending their aspiration of a good material life but not of the mind. Their education and salaries create a cause of mutual protection in vanity – a vanity which presumes the uncommon competence but which they do not perceive as a need to achieve given their stability in life owed to the status quo. This, I call the mediocrity syndrome. It is this malady which characterizes much of Boston, New York and Washington. It is a malady that is not problematic, in fact, it is an asset, until in its acuteness it obtusely resists needed change brought about by the uncommon competence unless it benefits the mediocre materially.
Money commensurate with work is Ayn Rand. Money for work – until neither work nor money is necessary – to free up time for people to pursue activities of choice, much as the royals do but for all, is sustainability.
The great American experiment in fiat money, invented to include the commoner, since the publication of Adam Smith’s Wealth of Nations in 1776, must end in the end of fiat money to celebrate freedom of minds and essentials for all if United States of America is to succeed.