Tue 29 Aug 2006
America’s Infrastructure - Who is John Galt?
Posted by RichSlick under Financial Safety, John Galt
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I wrote about failed power utilities, failed pipelines in a few other posts and I always end the post with the question, “Who is John Galt?” The question is from Ayn Rand’s Atlas Shrugged and I’ll comment again at the amazing parallels between the book and what is happening in America and around the world today. It appears that some of the main stream media is beginning to take a look at the problem and perhaps asking the same question (in a different way).
The Seattle Times reports
Newhouse News Service
WASHINGTON — A pipeline shuts down in Alaska. Equipment failures disrupt air travel in Los Angeles. Electricity runs short at a spy agency in Maryland.
None of these recent events resulted from a natural disaster or terrorist attack, but they may as well have, some homeland security experts say. They worry that too little attention is paid to how fast the country’s basic operating systems are deteriorating.
“When I see events like these, I become concerned that we’ve lost focus on the core operational functionality of the nation’s infrastructure and are becoming a fragile nation, which is just as bad — if not worse — as being an insecure nation,” said Christian Beckner, a Washington analyst who runs the respected Web site Homeland Security Watch (www.christianbeckner.com).
The American Society of Civil Engineers last year graded the nation “D” for its overall infrastructure conditions, estimating that it would take $1.6 trillion over five years to fix the problem.
I recall viewing a 20/20 broadcast on bridges not being maintained properly and that over the next 20 years, bridges would start falling apart and killing many people. That program aired about 15 years ago and here we are today talking about the decaying infrastructure. Back then, the problem was going to cost over 100 billion to fix, and I can only imagine that it would cost at least five times that to begin to fix the problem today. I urge you to buy a copy of Atlas Shrugged and read it numerous times. Perhaps you’ll join me in asking, “Who is John Galt?”
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