Snowden Mentioned ‘Direct Access’ In Interview With The Guardian

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29. I totally agree with you about this.

It may be much simpler to fix most of this than we think. There are some smart people out there.

I was thinking about the recent airliner crash being the only fatal commercial accident in over 2 years. Think about the tension that exists in that industry between safety and profits. And yet is can be safe and profitable. It isn't a zero sum gain at all. Safer aircraft cost more, but they also earn more, or something along those lines.

The way the costs are kept low while safety is assured is that everyone job in the industry has to be certified. And mechanics, pilots, crew members all exist in a framework that is based on an honor system. And it works.

We need to implement a similar system to regulate Wall Street. We need to move this from a fraud-based economy to a trust-based economy. That can be easily accomplished by making people accountable and providing them the proper training to monitor the finance sector as rigidly as we monitor the aviation sector.