The KEY element of this proposal is that each Fed district bank is made INDEPENDENT of the DC governing board. This effectively isolates the NY Fed which according to Catherine Austin Fitts (
http://www.solari.com) is responsible for about 80% of the current economic mess we're now in. Secondary regional conventions can then decide if the district banks are to be retained. I am opting for a Constitutional Convention to accomplish this because I believe Congress is too compromised by Wall Street $$$ to enact the necessary reform legislation.
http://groups.yahoo.com/group/NationalC ... nvention06