BB&T Bank Chairman is Ayn Rand fan

John Allison of BB&T bank says, in this interview with John Stossel, that his bank bases its business practices on Ayn Rand’s principles. This means rejecting eminent domain as a business option, among other things. Mr. Allison was also vehemently opposed to TARP, but says that they were forced by the government to take it. BB&T was the only large bank whose CEO wrote the government to protest TARP and was the first bank to pay back the money. I am impressed with the approach.

Stossel’s show (about 45 min.) examines Atlas Shrugged, the philosophy of Ayn Rand, and answers common objections to ‘objectivism.’ It is well worth the time.

By | 2010-01-30T11:34:43+00:00 January 30th, 2010|Eminent Domain, Property Rights|Comments Off on BB&T Bank Chairman is Ayn Rand fan

About the Author:

SSL Certificates