I know it's illegal.
I know the Supreme Court would overturn it.
I know Liberals would condemn it.
I know a whole lot of people would be outraged.
I know Rachel Maddow and Keith Olberman would be... well, who knows how they would react?
I know Rush Limbaugh and Glenn Beck would have a cow.
I know newspapers would slam it.
I know Congress would condemn it.
I know there would be talk of impeachment.
I know that he will be called a dictator. (He's already being called that)
I'm not even sure how I would react.
But millions of ordinary Americans -- Democrats, Republicans and Independents, especially those who have suffered from foreclosures or unemployment or bankruptcy becauseof the shenanigans of Wall Street -- would be wildly enthusiastic by Obama's sudden and outrageous demonstration of backbone.
What's the precedent for such action?
Well, there really isn't one.
Bush and Cheney started an illegal war in Iraq that has caused the deaths of thousands of American troops and Iraqis.