Image courtesy of wikipedia.
BB&T, a large multi-state bank, has given away millions of dollars through its "charitable" fund to promote the ideology of Ayn Rand. You know, unfettered capitalism, keep the government out of everything, and all that.
This was the subject of an earlier op-ed of mine in the Charleston Gazette and this story by NPR.
Well, the latest:
BB&T, the largest bank in West Virginia, announced on Oct. 27 it would receive $3.1 billion in federal rescue plan money.
Uhhhh...do you think they'll issue a clarifying statement to the effect that government intervention is OK if it goes to big corporations but not to anybody else?
WHILE WE'RE AT IT, here's a glimpse into the worldview of Massey Energy CEO Don Blankenship.
FOR THE RECORD, I didn't make any of this stuff up.
GOAT ROPE ADVISORY LEVEL: ELEVATED