tv Book TV CSPAN August 13, 2012 1:20am-1:30am EDT
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employee to read "atlas shrugged." why is he like john called? he went on strike in protest to the corrupt world. john allison retired when the federal gornment came to him and said you do not need to take it the we will force you. so he walked out and said he is out. >> host: who are the villains in "atlas shrugged" and how do you fit them into your book? >> ayn rand fans remember it is about the lance with the people in government.
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regulators. politicians. but the worst was a corrupt businessman working hand-in-hand with corrupted politicians and and that is what crash in the economy and he just about who brought the whole world down was angelo mozillo. the man essentially invented subprime lending. wesley mooch in the book he is like congressmen barney frank who was the godfather of fannie mae and freddie mac. angelo mozillo and bernie frank was the unholy
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alliance allowing country ride in those who copied them to create loans people could not repaid. because they sold those loans to the federal government made possible of barney frank through altruistic social benefits of housing putting people into house is they cannot afford. that is the world we barely survived. >> host: what do you do for it a living? >> ien investment appraiser for other investment in risers and giving advice when the markets to other investment managers who serve customers counselors are hedge fund managers. >> host: how much government regulation is and what you do?
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>> i don't handle the money. very little. but microfinance they are so regulated they cannot pick up the phone. i am now and know little firm that can influence $15 trillion without being regulated. >> host: what is it about ayn rand that has such a strong reaction? >> a great moral clarity. a romantic philosophy that draws young people where the good guys are passionate, a creative who know who they are and want to do with they want to do. jon called wanted to shut down t world to rebuild
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it. people understand what to role models to why have? found head and that was shrug to our full of amazing models for architects, bankers, lawyers , doctors with the philosophy of the extreme individualism. she also called it selfishness. it was controversial. to rub it in your face and. >> use the word moral and people don't use that word. >> morality is the philosophy of determining right and wrong.
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rand was the eighth the i's. a different answer why she's so polarizing she was an atheist when it was not acceptable. i think today nobody would care. and if you did not get your morality from the bible you don't have it but she said you can have it from reason and experience. hate who runs the steel mill said no more moral place because you know, exactly what is right and what is wrong with the oven building steel you will die. that has nothing to do with the bible. >> host: it you draw parallels between bill gates
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>> because henry reared been who created a new kind of metal was so competitive and disruptive the unholy alliance conspired to put him out of business the same way people could not compete with microsoft windows conspired to put to him out of business. do not tell yourself that was from a bureaucrat. they were paid off from silicon valley who could not compete. >> host: that is all list old taste of "i am john galt" today's heroic innovators building the world and the villianous parasites destroying it"
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>> this is the cover of toulon's newest book called price list. carrying the health care crisis. we are at freedomfest and dr. good men joins us now. talk about the recent supreme court decision what is your view? >> a wish the court had thrown out obamacare now we have to deal with the law as it is.
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even the supporters will want to make major changes. >> host: what do you want to see as rational health care? >> we have the requirement we by the insurance plan that will grow twice the rate of our income. if you pay for something increasing twice it will crowd out everything your consuming it is the impossible path. >> host: and then national center is one of the founders of savings accounts. what are they? >> it is what people manage and control most employers find when they go to the
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high deductible plan they cut to the overall cost 30%. employees are happy they can spend the money they want to. >> host: how many people use the health savings accounts? >> 24 million. of. >> host: what does the loss say? >> you have tavis across the board deductible. i think the law should be flexible than most people would. >> host: dimension with health care legislation, supporters of the current ago will not want to change. what are they? >> give people the ca
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