Obama's call for for the hedge funds to sacrifice, Asness points out, means simply that hedge fund managers are being called upon to steal from their investors, who did not invest their funds to be sacrificed to President Obama's political ends.
The ethic of sacrifice is carried to its logical conclusion in Ayn Rand's Atlas Shrugged, a novel that describes today's economic predicament in philosophical terms. Not only doesn't sacrifice work, it is downright evil and it will unravel the American Revolution. Asness is a trustee of The Atlas Society and has read the book. No wonder he is willing to stand up and speak out passionately and with moral certainty.