I think the admins are / should be accountable to the users, but I don't think that needs to be through the government.
A sensible middle ground from my perspective would be to have the processes we come up with put forward to critique by the forum members in Technical Discussions or something.
There are going to be some points not up for discussion: If an admin comes across an account which is trying to hack the forum, or is posting child pornography or other RL illegal materials, then they are going to be expected to ban and delete as appropriate, no matter what anybody wants. For other matters, like proxy usage, flaming, harassment, and trolling, it's the community's purposes that the forum rules are intended to serve, so the community's input is essential.