The "2 enforcement" items pretty much have in-place burocracies, just so badly misapplied as to make them laughable.
Stockholder controls would actually argue for *removing* burocracy. Simply make a public statement that the stockholders of banks need to speak up if their wishes aren't followed by the institutions they hold stock in.
Full reporting of fed activities would just mean publishing their books.
The reallocation of the fed controls *would* involve the addition of some election comittee type things for the public part, but pretty minimal overall, just an addition to the normal balloting proceedure (piggyback it on the senate election). The state appointments would be done either by the governor or the state senates. The non-bank industry consortum could be allocated by contracting Forbes" or creating a 10 person committee with a *very* small inflation indexed budget.
As for all 5 of those being filled with bank lackeys... Public voting? The states? A non-bank industry consortium? Are you forgetting that it is *directly* controlled by the banks *now*?
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Date: 15/2/12 17:00 (UTC)The "2 enforcement" items pretty much have in-place burocracies, just so badly misapplied as to make them laughable.
Stockholder controls would actually argue for *removing* burocracy. Simply make a public statement that the stockholders of banks need to speak up if their wishes aren't followed by the institutions they hold stock in.
Full reporting of fed activities would just mean publishing their books.
The reallocation of the fed controls *would* involve the addition of some election comittee type things for the public part, but pretty minimal overall, just an addition to the normal balloting proceedure (piggyback it on the senate election). The state appointments would be done either by the governor or the state senates. The non-bank industry consortum could be allocated by contracting Forbes" or creating a 10 person committee with a *very* small inflation indexed budget.
As for all 5 of those being filled with bank lackeys... Public voting? The states? A non-bank industry consortium? Are you forgetting that it is *directly* controlled by the banks *now*?