Two excellent critical pieces on Obama's Infrastructure Bank and his False Populism

Both of these articles incorporate the principles that drive good governance, namely that government is instituted to create the infrastructure that facilitates an effective, free economy for all - not for a rich propertied class. I was trying to find time to write a similiar cirtique. I think these will do and are must reads for those tryng to understand the role of government in infrastructure and how infrastructure spending can effectivle stimulate a population (notice I didn't say economy). 

First is Black Agenda Report writer Glen Ford (HERE). He says,

The president's proposed bank is yet another ploy to create a new windfall for the private bankers on Wall Street."

And next is Economist Michael Hudson (HERE).  He says,

I can smell the newest giveaway looming a mile off. The Wall Street bailout, health-insurance giveaway and support of real estate prices rather than mortgage-debt write-downs were bad enough, not to mention the Oil War¹s Afghan extension. But now comes a topper: the $50 billion transportation infrastructure plan that Obama proposed in Milwaukee ­ cynically enough, on Labor Day. It looks like the Thatcherite Public-Private Partnership, Britain¹s notorious giveaway to the City of London underwriters. The financial giveaway had the effect of increasing prices for basic infrastructure services by building in heavy financial fees ­ guaranteed for the banks, who lent the money that banks and property owners used to pay in taxes in more progressive times...