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xchrom

(108,903 posts)
Thu Jun 12, 2014, 05:29 AM Jun 2014

The Ayn-Rand Loving Billionaires and Vast Right-Wing Machine Behind David Brat

http://www.alternet.org/tea-party-and-right/eric-cantors-upset-dark-portent-future-billionaires-dark-money-elections

***SNIP

According to The Street, during his time as CEO of BB&T, Allison regularly used the BB&T Charitable Foundation, “to provide grants to schools that agree to create courses on capitalism that feature the study of ‘Atlas Shrugged.’”

Meanwhile, according to New York Magazine, Allison gave $500,000 to Randolph-Macon College to hire Dave Brat, so that he too could teach the Ayn Rand libertarian philosophy as an economics professor.

Shortly after BB&T accepted $3.1 billion government bailout from the Bush Administration, Allison resigned as CEO, and was picked up by Charles Koch, to become the new president of the Cato Institute, formerly known as the Charles Koch Foundation, and to keep spreading the work of Rand.

Much like the BB&T Charitable Foundation, Koch-allied groups like The Cato Institute have spent millions of dollars, putting college professors in economics departments across the country, so that they can spread the good word of Ayn Rand, and help create a libertarian paradise in America.
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