The Arkanssouri Blog.: Randian Superhero of the Day.

Thursday, January 26, 2006

Randian Superhero of the Day.

[Hat tip to Volokh, via Tom Rants.]

It's nice to know that not all of today's businessmen belong on the Landthieves Wiki.

One who doesn't is John Allison.

On Wednesday, Allison made the unusual decision to announce a corporate
policy regarding eminent domain, that controversial practice in which the
government can seize private property for public use. BB&T ... is not
going to lend money to any developer that plans to build on property seized in
such a manner. "The idea that a citizen's property can be taken by the
government solely for private use is extremely misguided," Allison said in a
statement. "In fact, it's just plain wrong."


Good does still exist in this world. Sometimes people do things because it's the right thing to do. But Forbes just can't keep itself from questioning those people's motives:

It also smacks of another trend in banking: the idea that doing good will result in good press.


Motives only matter in determining whether or not a certain person committed a particular act. In this case, there's no question about it -- he did it. And good for him.

Shrug on, Atlas.

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