An interesting article from two weeks ago about Allison's meeting with Trump:
http://www.journalnow.com/business/bu...

"Allison said Trump also sought his advice as an outside-the-box thinker that includes being a devotee of author Ayn Rand and her economic philosophy of objectivism, which extols rational individualism, creativity, independent thinking and a limited role for government as a protector of peace."

--and--

"Allison still may be on Trump’s short list, given that Mnuchin is viewed by Democratic senators as a controversial choice as Treasury secretary."

I have trouble sorting out credible news sources. What is one to believe if ANY regular media source is involved?

Can't see anything in your comment that deserved a downvote, chad. So +1.
Seems like someone can't stand to hear differing opinions based on reason. I thought this would cease after the election, but it hasn't.

Allison's career was not in a "cartel". Banking is a legitimate, important profession. He successfully ran a bank following proper principles.

We live in a mixed economy. Government intervenes in and adversely affects every profession. It doesn't mean that no honest, productive work is done and it doesn't mean that we are all scoundrels in a "cartel". If no creative, productive work was being done and everyone was a thief the economy would have collapsed long ago instead of expanding with investment in creativity. Allison was successful in spite of the corruption, not because of it.

Although I have doubts about Allison, I was willing to give him benefit of the doubt. Trump didn't give Allison the chance. Instead he picked another Goldman Sachs alumni to continue running the US Treasury on behalf of the bankster cartel.
-1 to Trump.

Thanks for the suggestion.
I get that he has promoted Rand's principles. That would mean something positive to me if he had acted as an Objectivist when he realized that the banking cartel that was enriching him was cheating the productive in order to become wealthy and powerful. Its very unlikely that his writing will change my mind about him, but his actions in the future might.

Just a quick thank you for each one of your remarks about John Allison. I was so excited to see him on Fox News and that he wanted people to read AS that I just had to ask your opinions. Again thanks! Now can you expound on the last sentence of AS. I love that sentence and want to hear your thoughts of what would happen next in the world outside! Are we anywhere near that!

That is like offering a thief who has stolen from you in the past the keys to your vault to find out if he will steal from you again. When he has proven that he is not a thief through his actions then trust him.

When the powers-that-be have your jewels in a vise, the rational thing to do is to stop protesting until you can get away. Looks as if he lived to fight another day.
It looks to me that he got into banking and discovered it was not quite what he thought. In every business that I've been involved in, I discovered behind the scenes stuff that was kept from the public. Because I am curious (nosy?) and my mind keeps my brain in a froth. What I discovered is for some other discussion after I've taken a new energy enhancing pill. (NO not amphetamines.)

Those of us who know more about economics than the guy who cuts your hair, have been complaining about the Fed for almost as long as I can remember. So finally, a guy in power who can do something about it (hopefully).
If he succeeds, there will be a new era in banking and the American economy.

Perhaps you should read his book on the financial crisis.

I love it. He would be great.

You have your opinion based on what you think are relevant facts. I have my opinion based on what I think are relevant facts. We disagree.

You posted an opinion and ended it with a question"Whats not to like?" I respectfully answered your question.
My comment here was a respectful reply to the OP iriscrockett who also asked a question. While my two posts were similar, they were answers to 2 separate questions and were not a copy and paste as your post was. Since it was an exact copy and paste, I saw no need to copy and paste an answer. (And I did end my post with ;^) and gave a link to my answer. ;^)

Allison is anything but a looter, and as ewv pointed out above he fought the cartel during the 2008 financial meltdown until strong-armed to "cooperate" by the regulators. He has no need to "change" and has proven himself through actions many times.
http://www.nytimes.com/2009/08/02/bus...
https://en.wikipedia.org/wiki/John_A....

Looks like Allison will not be offered the position after all.
https://www.yahoo.com/news/trump-pick...

I pasted the same exact question in response to your nearly identical post.

AS was fiction and dealt with looting in other ways. If Mulligan's wealth came from the cartel looting then I would have the same opinion of him prior to Galt approaching him and his acts rejecting the corrupt cartel. Thus far Allison has spoken well but it remains to be seen if his actions will support liberty or the banking cartel. As I said before repeatedly, he deserves the chance to prove himself through actions, not mere words. As with Trump I will be delighted to have him as a true ally, but I do not trust him based on words. Talk is cheap.
We are discussing a man who has an intimate understanding of the banking con from the inside, not a branch bank teller. To make a comparison to teaching you might find a similarity if you criticized the ethics of the Secretary of Education but not to line teachers.

The question is how much moral people can tolerate in Washington, not their capability. Ayn Rand once said she had no desire to be elected to office because it would be a sacrifice.

The best people can do more good for the future by promoting the right ideas, whatever short term benefit they may otherwise be capable of in politics. In the meantime we support the best we can get for those able and willing to work in Washington. Whether that includes someone like Allison depends on what he wants for his own life, if a position is offered him at all.

Allison's bank BB&T was one of the banks forced to take a TARP bailout. Allison said that his bank had avoided the bad government mortgage market and was not damaged by the crash, didn't need the money, didn't want it, and didn't think it was proper. He had to take it because he was called into a Treasury meeting with several other bankers who were told what they were going to do in a show of 'unity' with the government. When he tried to reject the bailout he was threatened with regulators "finding" problems with his operations -- there are so many overlapping and contradictory laws and restrictions that they can always find something to get someone with when they want to and the chilling threat was very explicit. He paid it all back as soon as he was allowed to.

After Allison retired became head of CATO and is still on their board of directors. He was also on the board of directors of the Ayn Rand Institute. While at BB&T he openly advocated and applied Ayn Rand's principles, which he credits for his success. He has also helped fund Objectivist scholars in universities. He made news by refusing loans for money that would be used for eminent domain. He would not be well received by the Treasury Dept. and obviously has major differences with Trump's fascistic view of government and business, including eminent domain.

if no Objectivists ever accept administration positions, then how do we ever expand or accomplish things politically?

He's only being considered, isn't he? Does he even want it? Could he personally tolerate the sewer trying to contend with the entrenched mentality there?

good points!

Already answered where you pasted this same exact question, CBJ. ;^)
https://www.galtsgulchonline.com/post...

I guess all public school teachers deserve to be vilified for the same reason, since they profit from the government school monopoly. And in Atlas Shrugged, Midas Mulligan should not have been portrayed as a hero.

Ayn Rand ably dealt with this issue in her article "The Question of Scholarships".