Thursday 15 December 2011

Even well meaning principles have a worm

You would think that a project aimed at curbing the excess of bankers would command universal support but two projects in tandem fail to do exactly that. One is the Post Apocalypse world that looks at ways make real the lyrical message og he Lennon song Imagine by agreeing an internet base unbounded reality governed by open decisions with no-where to hide and the next invents imaginary money as a vehicle on the way to do exactly that:
but thee is a worm as usual. Whatever these places issuing money might start out as they end up as banks, subject to all bank temptationd, oportunities for overcharging, creative mistakes and so on plus they have no reputation to protect, no accountants crawling around etc and open government leaves the door open for off-stage deals, payments for consultancies of unknown origin. Every corrupt practice is still around even if we know who is doing it. We know that this was always a dream world. Bankers dont have dreams, only nightmares where everything goes wrong to stop them being repaid, but will the next lot be any better and who would you trust with your records – mr & mrs Bloggs or Barclays?

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