Overhaul of the Fed

Bush is starting to sound more and more like Nixon.

Voted into office on a platform which touted deregulation and less government interference, he's now turned the corner toward draconian, totatliarian centralized microscopic examinations of financial institutions.

What's next, a revival of Tricky Dick's wage/price freezes? Not good. Not good at all.

CBS NEWS
Sweeping Overhaul Of Fed Proposed
Bush Administration Would Strengthen Reserve's Oversight Of Financial Institutions


Sweeping Overhaul Of Fed Proposed, Bush Administration Would Strengthen Reserve's Oversight Of Financial Institutions - CBS News