World Panel Backs Rules to Avert Banking Crises

The world panel recently met and ruled in favor of the new plan to escape the banking tragedy. The new plan has many people debating whether the economy was really in the panel's best interest. They are ensuring everyone that while their plan may not result in immediate economic growth, their plan will ensure the economy's stability in the long run. Numerous spectators are against the dramatic increase reserve that capital banks must maintain. The issue as a whole ties in with our new topic of agenda setting, (Birkland Ch. 5). It is obvious that the economy is the most prominent issue on the agenda and is definitely in the "decision making agenda." And from the looks of it, this issue is going to stay there for a while to come.

-Jordan Goodman

http://www.nytimes.com/2010/09/13/business/global/13bank.html?ref=business