Angelina Jolie is keeping an open mind, Wiltshire & Washington reports.

In June, when Entertainment Weekly asked her whether she talked politics with Clint Eastwood, a longtime Republican, on the set of the upcoming movie, “The Changeling,” she said, “Actually, we don’t disagree as much as you’d think. I think people assume I’m a Democrat. But I’m registered independent and I’m still undecided. So I’m looking at McCain as well as Obama.”

Dagny Taggart?

The New York Times reports that Randall Wallace, screenwriter of Braveheart (1996) and We Were Soldiers (2002) is inching toward completion of a script for the filming of Ayn Rand’s Atlas Shrugged.

The challenge, Mr. Wallace said, was immediately tempting. As for how he is distilling Rand’s novel and its Castro-length monologues to a two-hour screenplay, Mr. Wallace insisted he had the material under control and was on course to deliver a finished draft this month.

“I can pretty much guarantee you that there won’t be a 30-page speech at the end of the movie,” he said. “I have two hours to try to express what Rand believed to an audience, and my responsibility is not only to Ayn Rand, but to the audience, that this be a compelling movie. More people will see the movie than will read ‘Atlas Shrugged.’ And the movie has to work.”

Of course, Randall, that has to mean that you outrank Rand.

A film production of Atlas Shrugged lacking John Galt’s speech would be like a performance of Beethoven’s 9th Symphony omitting the Ode to Joy. If you don’t think John Galt’s speech is a key part of the novel, if you don’t like John Galt’s speech or find it intrinsically boring, you don’t really connect with Ayn Rand, and have no business trying to do a screenplay version of her work.

No, I wouldn’t advocate a word-for-word performance, but Atlas Shrugged without the Speech would be like the New Testament without the Resurrection.

Not even Angelina Jolie as Dagny is going to save this turkey.

And can you imagine? The Times reports that they were able to buy full creative control from that worm Peikoff. Rand must be spinning at 78 rpms.

Earlier Story – 27 April 2006.

Pamela McClintock reports in Variety

Ayn Rand’s most ambitious novel may finally be brought to the bigscreen after years of false starts.

Lionsgate has picked up worldwide distribution rights to “Atlas Shrugged” from Howard and Karen Baldwin (Ray), who will produce with John Aglialoro.

As for stars, book provides an ideal role for an actress in lead character Dagny Taggart, so it’s not a stretch to assume Rand enthusiast Angelina Jolie’s name has been brought up. Brad Pitt, also a fan, is rumored to be among the names suggested for lead male character John Galt.

“Atlas Shrugged,” which runs more than 1,100 pages, has faced a lengthy and circuitous journey to a film adaptation.

The Russian-born author’s seminal tome, published in 1957, revolves around the economic collapse of the U.S. sometime in the future and espouses her individualistic philosophy of objectivism. The violent, apocalyptic ending has always posed a challenge but could prove especially so in the post-9/11 climate.

Howard Baldwin said some people have pigeonholed “Atlas” as better suited for a miniseries. That’s why he sometimes pondered turning “Atlas” into two movies. In fact, a two-part script penned by James V. Hart (Contact) for the Baldwins envisions “Atlas” as two pics, although it’s likely to be reworked.

For years, producer Al Ruddy tried to make Rand’s definitive book into a movie, attracting the interest of Clint Eastwood, Robert Redford and Faye Dunaway at one point.

But while Rand was still alive, she had script approval, complicating the process. After the author’s death in 1982, Ruddy continued his efforts and, in 1999, he inked a pactpact to produce “Atlas” as a miniseries for TNT. Ultimately, the deal faltered.

In 2003, the Baldwins acquired the film rights to the novel from Aglialoro, a New York businessman, after launching Crusader Entertainment with Philip Anschutz. Hart was hired at that time to adapt.

Anschutz, however, ultimately decided not to make the movie.

The Baldwins then took the project with them when they left Crusader and formed the Baldwin Entertainment Group.

“What we’ve always needed was a studio that had the same passion for this project that we and John have,” said Baldwin,

Generally speaking, Lionsgate keeps production budgets below $25 million. “Atlas” is likely to cost north of $30 million, but the studio will reduce its exposure through international pre-sales and co-financing partners. Actors would likely take less money upfrontupfront—a common practice for the indie.

Rand’s individualistic and character-driven stories have captured the imagination of Hollywood before. Warner Bros. made “The Fountainhead,” starring Gary Cooper as the maverick architect Howard Roark, in 1949.

Oliver Stone was attached to direct a remake of “Fountainhead” for Warner Bros. and Paramount, but the project has languished in development. Along the way, Pitt expressed interest in playing Roark.

Angelina Jolie as Dagny Taggart? We can all look forward to the love scene with Francisco on the railroad tracks.