Tuesday, March 11, 2014 12:31:03 PM
"An independent commission should be formed with members who are vetted for their success and experience in housing finance and who will not fall prey to personal interests and gain. They should produce a complete and authoritative report that can be distributed publicly to the Congress, White House, business sectors and general public for review. With all being on the same page, knowing the facts as they are and not as they wish or twist them to be, and the mass confusion removed, perhaps a better beginning and end could be had in housing finance reform. "
Presumably this initial assembly of this independent commission would mandated by the government? If so, do you think they would actually undertake this effort, for fear of exposing their utter lack of understanding of an extremely complex, high-stakes issue?
It seems as though several roundtable discussion have been held (in the spirit of your excellent suggestion) which try to attack these issues but ultimately the policymakers in Washington either disregard their conclusions or offer "straw-man" replies. How does a commission "convince" the government that their current line of thinking is broken?
Thanks in advance for your thoughtful reply!
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