“We are Forerunners. Guardians of all that exists. The roots of the Galaxy have grown deep under our careful tending. Where there is life, the wisdom of our countless generations has saturated the soil. Our strength is a luminous sun, towards which all intelligence blossoms… And the impervious shelter, beneath which it has prospered.”

Didactic Mind, Ep 85: Going Galt

by | Oct 19, 2021 | Podcasts | 1 comment

At long last, the Didactic Mind podcast returns! This week is all about the parallels between Ayn Rand’s (in)famous magnum opus, Atlas Shrugged, and the daily realities of life under governments that hate us and want to see us persecuted and destroyed. I talk about “Going Galt” in terms of the way that Rand herself looked at the idea, and in terms of how it can be done in a proper Christian context. My conclusion here is that simply walking away from it all is not a solution, at all, and is certainly not in line with what we are called to do as Christians. Instead, I offer alternatives and solutions to help you get away from governments that clearly want you ground down, and which lie to you on a daily basis, just like the government bureaucrats in the novel do.

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1 Comment

  1. Bardelys the Magnificent

    Regarding inflation: in a previous post, I noted my work in capital markets. Fannie Mae sets what we call the conforming limits, meaning the parameters you need to meet for a “conventional” loan (all other loans are either non-conforming or government backed). There’s a maximum loan amount to qualify for a conforming loan that gets reset every Jan. 1st (This year it was $548,250). Fannie usually announces what the new limit will be sometime around Thanksgiving.

    We’ve seen that housing prices have gone up somewhere around 19% since this time last year. Well, one buyer in particular decided to jump the gun and offer a special program with a limit of $625,000. If you do the math, that’s a raise of just under 15%. Why did they do this? Too many inquiries for loans above the conforming limit. They’re very confident Fannie will increase the limit at least that much for the coming year, which at that time they will be able to unload those loans since they now qualify. They don’t see an increase of 15% as a risk. In fact, I think they’re playing it safe, as we still have another quarter to allow the bubble to rise a bit more. Stay tuned, it’s going to be a bumpy ride.

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