23

Francisco's Money Speech (excerpt)

Posted by richrobinson 10 years ago to The Gulch: General
138 comments | Share | Best of... | Flag

I have been listening to Atlas Shrugged during my commute to and from work. I just listened to Francisco's money speech and he was explaining how looters can cause a society to vanish into ruin. He then asks if that day is coming. This gave me chills. I think this explains our current situation.

"Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society's virtue. When you see that trading is done, not by consent, but by compulsion – when you see that in order to produce, you need to obtain permission from men who produce nothing – when you see that money is flowing to those who deal, not in goods, but in favors – when you see that men get richer by graft and by pull than by work, and your laws don't protect you against them, but protect them against you – when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot.


All Comments


Previous comments...   You are currently on page 5.
  • Posted by wiggys 10 years ago
    this post demonstrates how AR was the best teacher we could have had. she makes clear all things going on around us good or bad. we who follow her teachings see the demise of our society and this post demonstrates that fact.
    Reply | Permalink  
  • Posted by 10 years ago in reply to this comment.
    Thanks Jb. From these words I guess we have to determine our tolerance for what is happening. I have been thinking about that since I read your post.
    Reply | Permalink  
  • Posted by Herb7734 10 years ago
    Money, like reality, is inexorable. You can wish it wasn't the way it was all you want, but if you're not paying attention, it will destroy you.
    Reply | Permalink  
  • Posted by 10 years ago in reply to this comment.
    I don't believe the government numbers reported on inflation and unemployment so I think it is entirely possible we are in a depression. Does he give any hope that we can change the situation?
    Reply | Permalink  
  • Posted by Temlakos 10 years ago
    I've seen that for some time.

    And by the way: Rand accurately quotes the progressive mantra, "money is the root of all evil." It might interest you to know: the progressives misquote Paul of Tarsus on that point. In writing to his student, Timothy, Paul said "a love for money is a root of all sorts of evil." "A root," not "the root." And "all sorts of evil," not all the evil in the world. Nor do I imagine Paul of Tarsus would disagree with Francisco d'Anconia fundamentally on the point made above.
    Reply | Permalink  
  • Posted by $ TomB666 10 years ago
    There is some hope. The people assembling in Oregon to protect a mine from the BLM show that there are still some of us who will resist government overreach. The BLM made the "mistake" of sending a letter to the mine owners letting them know what was about to happen, which gave the peace keepers time to assemble. When the government sneaks in as in the cited case is when there is not time to prepare!
    Reply | Permalink  
  • Posted by 10 years ago in reply to this comment.
    I don't know if having a family business makes it different but I hate the thought of walking away from something we built. (Yes Barack Obama and Elizabeth Warren we DID build this) I think of those who have walked away and I realize how difficult a decision that is.
    Reply | Permalink  
  • Posted by $ blarman 10 years ago
    For a chilling synopsis, read "The Death of Money" by James Rickards. He was an economist who went to work for the CIA and became the foremost "assymmetric warfare" (ie economic warfare) guru in the world. The book talks about all the signals of an impending financial disaster and compares them to the Depression of the 1930's. His contention is that we are already in a Depression worse than the 1930's - its just that instead of soup kitchens we have food stamps.
    Reply | Permalink  
  • Posted by $ blarman 10 years ago in reply to this comment.
    Agreed. This is the perfect length for a soundbite or movie bit and would have provided a lot of emphasis. I think they should have worked it into #2 to showcase it.
    Reply | Permalink  
  • Posted by khalling 10 years ago in reply to this comment.
    How to tell when it's too late. Hmm. For me, it had to do with personal happiness and future goals. It was a completely internal decision-opposed to reacting to externals. This is the difference between leaving with a purpose and fleeing a bad situation. Once people begin to flee a bad situation-it's already over.
    Reply | Permalink  
  • Posted by jimslag 10 years ago
    Excellent synopsis of the speech. It truly speaks of what we see in our country now. The scenario in Wisconsin, with the SWAT raids of average citizens, it just shows the contempt that the political elite have for us, the people who elect them and then they forget us. It is sad but just another nail in the coffin of freedom.
    Reply | Permalink  
  • Posted by $ jbrenner 10 years ago in reply to this comment.
    Ask yourself whether it is too early to leave. The answer, of course, depends largely on your financial situation, but as soon as the answer is no, then you should leave. I am close, but not quite to that point, but I'm not getting closer (;
    Reply | Permalink  
  • Posted by $ Abaco 10 years ago in reply to this comment.
    One of my favorite lines ever written. I show that to people and they just lock-up...
    Reply | Permalink  
  • Posted by 10 years ago in reply to this comment.
    I'm really glad I have the book on CD. It's easier for me to listen and it's amazing how many little things I had forgotten. It's clear why people say they have read it many times.
    Reply | Permalink  
  • Posted by 10 years ago in reply to this comment.
    I had forgotten how amazing it was. As I listened to it I just kept think how perfectly it described the times we are living in.
    Reply | Permalink  
  • Posted by gcarl615 10 years ago
    I was so disappointed that the entire money speech was not in the movie. It and Galts radio speech are truly the synopsis of the book in my mind.
    Reply | Permalink  

  • Comment hidden. Undo