The Obama administration has proposed yet one more massive change for our nation: the proposed Consumer Financial Protection Agency that will be given vast powers to regulate credit in America. Byron York of the Washington Examiner notes that Democrats view the Agency as one more tool to accomplish their political goals: expand the government, shrink free enterprise and empower favored political groups. Indeed, ACORN or ACORN-like groups must be salivating.There will be two boards that will influence the Agency: a seven-member Oversight Board and an Advisory Board. The Oversight Board will be specifically composed of government officials that head key agencies. The second board is the Advisory Board and the membership is more open-ended. The more powerful board is the Oversight Board and that seems to be a target for Democrats.Congresswoman Maxine Waters-a key supporter of ACORN for years-has offered an amendment that would add 5 members to the Oversight Board.with all five chosen...(Read Full Post)