Another $800 billion to buy mortgages

[Soleron]

SlorgNet said:

Soleron said:

The economy "works" usually because it has freedom to react - good or bad - to unplanned events. Governments will never be able to make it work that well.

Not at all. The point of any government is to make the long-term investments businesses can't or won't make - science, education, research, infrastructure, a diverse mass media, a fair and equitable legal system.  

Just look at global warming. [Explanation]

I do recognise the importance of government and how it works better in some areas. I just want a clear division between the two: anything that works best as a monopoly (e.g. education) should be government, and anything that works best with competition (e.g. banking) should be private. Therefore private monopolies and government economic intervention are my big two problems with the current systems.