Not sure what the hell is up with Europe, but here it's all about the executive order. Even since we gave Bush the blank check he wanted with the AUMF that started the war on terror, every president just keeps pushing the envelope of what an executive order can be used to get away with. Spirit or even letter of the law be damned. I know this is a small c conservative position, so it rubs a lot of liberal leaning types the wrong way, but every time we celebrate a policy we like that was enacted via executive action, we're inviting the next muslim ban. This just isn't how it's all supposed to work. With banking specifically the argument is always that they have to move at a speed that Congress (or the European Commission or whoever) can't move at but that's bullshit. TARP was passed with amazing speed because that's what we deemed necessary at the time. Sure the Tea Baggers formed partly in response, but that's democracy for you. At some point in the future these motherfuckers have to suffer for their sins. Now would be a good time.