REBECCA BLOOD nails it:

First a Department of Homeland Security and now a Corporate Fraud Task Force (or the Committee for Corporate Feasance, as I like to call it)…. And I thought that throwing more goverment at problems was the hallmark of a Democrat administration.

If only it were so. It was Nixon who presided over what scholars of administrative law call the “regulatory explosion” of the early 1970s. And he did it for political reasons that, I’m afraid, resemble those motivating the Bush Administration.

UPDATE: Nick Denton had a similar reaction.