he is like john galt because john galt went on strike. he took his mind off the market in protest of a corrupt world. john ellis and retired when the federal government came to him in 2008 and said you don't need to pay hughes money so we will force you to take t.a.r.p. money. we are taking over your bank and the rest of the banks so he walked out and said enough. >> host: who are some of the villains first of all in "atlas shrugged" and how do you fit them into your book? >> guest: a lot of ayn rand fans remember falsely that "atlas shrugged" was all about the ones who were people in government. regulators. politicians. that is true. but the worst villain in "atlas shrugged" with a corrupt businessman who worked hand in hand with corrupt business corrupt politicians in an unholy alliance that crashed the economy. the corrupt businessman just about brought the whole world economy down in 2008 was angela mozilla of country wide finance. this was the man who invented sub prime lending. another key villain in "atlas shrugged" was a governmen

"i am john galt". first of all, who is john galt? >> the slogan from atlas shrugged. and amazing book written 55 years ago that could have been written yesterday. it perfectly describes our world of declining economy and declining wealth and declining moral standards and the reason it is so perfectly prophetic

a bag man for shysters downtown that's all you are paul well i think he should instead of who is john galt he should worry about who is slacks myself because slacks my eyes are as it is on strike against u.b.s. but you know here he is receiving huge amounts of money from the banking sector studies show c.e.o.'s not subject to the same rule of law as you so there's been two studies done one study looked at the influence of corporate lobbying on fraud detection corporate lobbying and fraud detection in the journal of financial and quantitative analysis they found that firms lobbying activities make a significant difference in fraud detection compared to non lobbying firms firms that lobby on average have a significantly lower hazard rate of being detected for fraud if they. fraud detection one hundred seventeen days longer and are thirty eight percent less likely to be detected by regulators the delay in detection leads to a greater distortion a resource allocation during fraudulent periods and also allows managers to sell more of their shares the other study from the university of florida f

. >> 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" >> 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. 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 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 savin

. >> joining us now is donald luskin "i am john galt" is the name of his book. today's heroic innovators building the world and the villianous parasites destroying it" who is john gault? >> that is the slow been from "atlas shrugged" front 55 years ago that could have been written yesterday perfectly describing our world of declining economy economy, wealth, innovation, a moral standards. it is prophetic it is an amazing portrait of human nature those who are in great conflict just like the real people moving the world today and who is john called it was asked over and over it turns out he was the man who went on strike. we have not tried it in this world. >> host: is there a john call today? >> in the book way at identify real people and we attach the ceo of bbn t. john allison into the tenth largest bank only one of two that did not need tarpon funding. the number one market share

, john galt being a character from "atlas shrugged" but ayn rand was an important influence on early members of the tea party including mark mcclure who was head of one of the major tea party groups. he is a very big ayn rand aficionado and ayn rand was an influence on other early members of the tea party. you see this not just in their adoption of her point of view. not only all of her beliefs the crucial parts of her belief system. you see this in positions that the tea party has taken. for instance the tea party is not very much into social issues. you don't see tea party members pushing all that much on abortion or gay marriage. their main thing is capitalism. to a large extent i think to a large extent that is rand's influence. >> i think there is a difference between the messenger and the message. the thing is it seems whatever the perception of her message is, i think you still have -- still broad appeal and you can pick things you like or don't like and just wondered from your perspective is -- i sense her appeal growing or not and it takes many forms. maybe people are also s

up next, who is john galt? answer to that 55-year-old question could shed some light on another question -- who is paul ryan? you've been busy for a dead man. after you jumped ship in bangkok, i thought i'd lost you. >>> surfing is my life now. but who's going to .... >>> tell the world that priceline has even faster, easier ways to save you money. . . on hotels, flights & cars? you still have it. >>> i'll always have it. so this is it? >>> we'll see where the waves take me. sayonara, brah! but that doesn't mean we should be penalized for it. that's why liberty mutual insurance policies come standard with accident forgiveness, if you qualify. learn more at libertymutual.com. >>> remember this -- >> if you got a business, you didn't build that. somebody else made that happen. >> if you were to do 180 degrees from what the president just said, you'd get ayn rand. 30 years after her death and more than 50 years after the release of her controversial novel, "she's stirring up dialogue and debate on the right and th

up next, who is john galt?he answer to that 55-year-old question could shed light on another question. who is paul ryan? ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the biggest ideas in modern history. so why should our anniversary matter to you? because for 200 years, we've been helping ideas move from ambition to achievement. and the next great idea could be yours. ♪ turn to senokot-s tablets. senokot-s has a natural vegetable laxative ingredient plus the comfort of a stool softener for gentle, overnight relief of occasional constipation. go to senokot-s.com for savings. >>> remember this -- >> if you have a business, you didn't build that. somebody else made that happen. >> if you were to do 180 degrees from what the president just said, you'd get ayn rand. she is stirring up dialogue and debate on the right