To the point: tact
Two things are extremely repugnant to me. First, the ever-increasing claim of the state, or politicians, to control as many areas of society as possible. And then there is the ever-increasing populism. But let's take it one step at a time.
More and more areas are to come under the control of the state. Advertising bans are being demanded for legally available stimulants. Up to now it has been cigarettes and tobacco, soon it will be fatty and sugary foods. Restrictions in the statements of the automobile manufacturers are demanded in Brussels, one can make bets, until such becomes also in Switzerland the topic. Everything can be sold under the guise of precaution. All it takes is a serious skiing accident by a celebrity, and politicians will be calling for mandatory helmet use. Everything that could be dangerous in any way is tried to be prevented. The citizen must be protected from himself. Prevention becomes care. From the cradle to the grave. Only a few resist this.
Now, however, politicians have discovered a new playing field. The financial industry. There is no doubt that the financial crisis, which has now turned into an economic crisis, was influenced, among many other factors, by false financial incentives on the carpet floors of financial institutions. Greed for more and more - more bonuses, more expansion - was the driving force in the financial industry for years. But beware: everyone played the game. There were very few warners. Why should there have been, things were going well, many were profiting from the stock market hype. The bankers and the economy in general mocked the politicians. In retrospect, this was not exactly a clever tactical move, because the high horse on which certain business leaders were perched was becoming increasingly shaky.
It got even worse: UBS, as a large and proud Swiss bank, had to appear in Bern. Money was needed, help was needed. The government could not leave the financial institution out in the cold. The billions flowed. And the politicians were on the scene again. Since no collateral could be demanded, the politicians called for influence - fortunately in vain. From the left to the right, everyone agreed: control was needed.
The minefield was ready. But there was a lack of insight at UBS. Instead of paying the many normal UBS employees, who do not receive exorbitant salaries, a 13th month's salary instead of a small bonus, for example, by means of new employment contracts, the company stuck to the unfortunate word bonus. It came as it had to: politicians are crying out for control, the people are outraged, and certain media are joining in. An unholy alliance between political control, media outcry and the voice of the people. This could have been avoided. With tact and better communication.
Pierre C. Meier, Editor-in-Chief
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