We “the real economy” would appreciate this:

That some banks restructure their business into a much less risky operation so as to be able to attract shareholders that appreciate much less risk, like widows and orphans, pension funds and insurance companies and are therefore satisfied with lower returns. 

That could be done by banks by for instance voluntarily agree to hold 15 percent in capital against all of their assets, with none of that horrendous risk differentiation that so much distorts bank lending, by discriminating specially against those “risky” not so risky for banks, businesses and entrepreneurs that try to build an economic future on the margin of the real economy.

And the government, and the FDIC, should be very appreciative of such an evolution, and perhaps should consider giving special long term tax exemptions to any new capital raised for these too-strong-to-fail banks... and that by definition will have a lower return on equity.

If $500bn of fresh bank capital was raised, with that 15 percent capital against all assets, that would leave room for $3 trillion of new bank credit. 

And we, “the real economy”, would certainly very much welcome the managers and the shareholders of the banks, taking a much smaller bite out of us.

15 percent bank capital - 15 years tax exoneration - $500bn

The Western world needs, urgently, traditional bank capital, not that silly modern stuff. 

In this respect, whichever bank agreed to hold 15 percent in capital, against any asset, no matter how safe or risky these might be perceived, I would grant it 15 years exoneration from corporate and dividend taxes. 

This is just an idea, this is just how I feel today mind you, on this Labor without jobs day of 2012.

There is a world of productive risk-taking waiting out there to get our youngster their generation of good jobs… let’s give them a chance.

I would love to see $500bn in this type of fresh bank capital...which could be leveraged into over $3 trillion in loans which do not discriminate more based on perceived risks than what they should ordinary do in a free market.

That could mean a fresh start for our economies and a stop to that war current bank-nannies are waging against the "risky".