Excellent idea, Bone. In an era of extreme corporate control and high deficits, we should definitely rebuild huge, expensive agencies from scratch. We all know that new things work flawlessly right out of the box. We'll need to get corporations to behave themselves during the undoubtedly long period when they'll have zero oversight. What we should NOT do is make a list of needed reforms and enact those reforms as we have the resources to do so.
It's all so simple. From the fire, a shinier, more perfect world will arise....
I'm going to burn down my entire neighborhood this weekend. The new speed bumps on 73rd St bug the shit outta me.