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It is reported that the Treasury and the House Financial Services Committee are drafting procedures that would let them wipe out shareholders, change management, and restructure the debt of large insolvent institutions.
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The actual drafting procedure can take several days during which recruits undergo medical and psychological examination.
Any amendment of the Charter must come under the same procedure as its original drafting procedure, which means it would require the assent of the European Parliament.
Persons trying to apply for a position in the army may not fully disclose pre-existing psychological problems in order not to fail in the drafting procedure.
The draft procedures now go to the full Senate for approval.
A formal vote on the measure will not take place until the international organization that monitors compliance with the international treaty banning chemical weapons drafts procedures for inspecting and eliminating Syria's vast arsenal of poison gas.
In all the reading I have done, I have never been able to understand why Stalin or Hitler felt they needed carefully drafted procedures and layers of laws — including public decrees and secret decrees — to have their opponents jailed or executed.
"We are on target to deliver new draft procedures this fall, and expect to have more to say in the coming weeks".
Secretary of Defense Donald H. Rumsfeld said that he had ordered the Pentagon's civilian general counsel, William J. Haynes 2nd, to begin drafting the procedures.
The thought of drafting accounting procedures reminds me of a Ph.D. candidate writing a dissertation.
"We all acknowledge this is a problem," Young said Wednesday at a meeting of the House Rules Committee, which was drafting the procedures under which the bill will be considered on the House floor Thursday.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com