Authority without accountability is tyranny. Accountability without authority is slavery.
I do believe that ICANN wants us to believe it's different for them... that "authority without accountability is wonderful" as they do whatever the hell they want and charge a small fortune. Not that they will really get anything done without a watchdog, but... hey.. they get nice pay and fringes like meetings is high dollar locations, great food and drink.. so it's all good. Right?