what?!

Obama Backing Off Bank Regulation Plan
(Huffington Post)
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WTF is going on here? Is Obama trying to piss off everyone all at once? Is he actually a republican operative sent to make them look better by lying about everything that he is going to do?
No, it's not at that point yet, but he has to stop backtracking, especially on these essential, common-sense policies.
He was off to a good start, but he needs to follow up with some serious action now if he wants to live up to his hype. He needs to remember why he was elected by a landslide - it wasn't to be a republican!