Obama delivers his plan to overhaul financial regulation - USATODAY.com

Obama delivers his plan to overhaul financial regulation - USATODAY.com - Obama announces his own Fake Federal Watch Dog Group. A federal group watching a federal group... Gosh, I'm sure there can not be a problem there! Obama is going crazy forming Federal Groups left and right.

Obama's administration realized that HR1207 (Federal Reserve Transparency Act) was going to pass and to keep the Federal Reserve from being really audited Obama was forced to anounce he is forming his own watch dog group. (Fox watching the hen house) I have been supporting Ron Paul's HR1207 for a few weeks now and it is very obvious to me what this is about. It may be unnoticable to those who get their news from late night talk shows but I see clearly.

They won't let us see what is going on with the Federal Reserve. Trilion of dollars are misplaced and he would look bad if he had to veto a transparency bill. Can you imagine Obama vetoing a transparency bill? This is the real reason he formed this fake Federal Watch Dog Group.