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Bush seeks financial regulation overhaul


Submitted by Reinhard on Fri, 2008-03-28 20:03.

http://news.yahoo.com/s/ap/20080329/ap_on_go_pr_wh/fed_overhaul

"...In an effort to deal with the problems highlighted by the current severe credit crisis, the new plan would give major new powers to the Federal Reserve, according to a 26-page executive summary obtained Friday by The Associated Press..."

A sad day for the notion of the Free Market - something that has made the U.S. shine for decades.

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