Germany Got the Flick

Remember back in the good, old days when the smart guys thought privatizing your country’s air traffic control system was such a smart idea ? You know, back when the brains on Wall Street were “Masters of the Universe” and their enablers controlled Washington ? Back before we were thinking of nationalizing the banks ?

Germany drops plan to privatise air traffic control

"The sources confirmed a report in weekly magazine Der Spiegel which said the cabinet would next week formally abandon the bid, which had already been blocked by President Horst Koehler in 2006."

Better luck next time guys. Yes, there will be a next time. Aviation may be on the ropes for now but it will be back. And someone new will succumb to the greedy dream of owning a toll booth in the sky.

Don Brown
March 10, 2009