Infrastructure

Let us be clear about things: Bankers know shit about their business.

They do NOT know the full meaning of CDS'es, they do not know how bonuses are supposed to be implemented and earned without creating implied risks or -simpler- without being perverse. They do not know that numerous risks exist, they are ignorant about the risks they take, in short I conclude: banking should not be left to bankers. Why? Because banking facilitates the efficient management of money.

Bankers are unaware of the fact that they exist for the sole purpose of providing a suitable infrastructure for the management of money.

Yes my readers (hope to have earned the plural of 'reader'), I mean exist when I say so.

Infrastructure is all that distinguishes government from business and civilians (my simplest definition...).

Infrastructue (MY DEFINITION) means:

• a full range of education (for every body, every soul in existance)
• full access to: energy demands, water demands, sewage needs, and the like (see below)
• digital information, which translates into a free access to internet, radio, television and more
• analog information, through connections from somewhere to anywhere (e.g. telephone, fax)
• public transportation, even from one suburb to the other and anything further away, so including at least trams, buses and trains
• private transportation infrastructure, thus including roads, traffic lights and signs, traffic police and more
• banking facilities, from chequing account facilities to efficient payment systems, from daily payments to automated (cheaper, but not acknowledged) transfers
• health care
• and more (do NOT tempt me to address them all....)

What have we seen, regarding the above list, for the last two decades? More and more elements of infrastructure have been privatised but health care as of the 22nd of March has been DE-privatized, and that is a victory.

We also know that the above list shows more items than one is used to: information, banking and more.

As far as banking is concerned, the Netherlands has seen a bizar development. As a result of the banking/financial/incompetency crisis the biggest banks have been privatised or have been refinanced with government funding. The financial market was bankrupt, could not take care of themself anymore, had to be helped by government.

All this showes that private enterprise cannot be left alone. They simply cannot function (in their own rights) compared to a government funded reality (although the enemy of efficiency is bureaucracy)...

Worse: they should not be able to function...

I simply propose: internet and banking must not be privatized. Private enterprise has shown to be incompetent to be left alone.

OK, I grant: food (processing), trains, planes and automobiles, sure they may be in private hands (but beware of train and plane companies because they tend to show negative benefits).

In fact, all business has been granted the opportunity to be at par with real persons, as in law. They sure made a hell of a mess of it.

The future will tell if their joint disability to remain independent is justified.

I, Me, Myself doubt this.