The Verdict: 6/19

" I'm judge entered a broad channel on the verdict is coming. -- president Barack Obama's historic plan to overhaul and regulator of financial institutions. Here's the question. What is left out of this proposal is and what we deserve to know is who don't regulate the Federal Reserve. What will become a clauses in the constitution. That prohibit the very type of regulation the president wants. And what is -- the meaning of the word free. In free market. You're the -- bias of the drafters of this proposal is that the government knows best. The constitution should not be an obstacle to egalitarian goals of the government and no private behavior is beyond the government's recent huge hands."

" The essence of the proposal is to give the Federal Reserve. -- authority to regulate any aspect of any firms that and it's discretion. Its sole discretion. Could adversely affect the economy if they -- The Fed would thus be the only unregulated. Private entity on the planet. This private. Super secret bank. Half of those board is appointed by the president is the most secret aspect and all of the government think about it the job other CIA. Is to steal and to keep secrets but we know more about the CIA that we do the Federal Reserve. The Federal Reserve is right it. Completely unregulated bank into which the Obama administration proposes to rip those. All regulatory authority. On the compensation of executives. At investment companies make. That location of their franchises. Are you ready for this to be a matter of fact in McDonald's cheeseburgers. Out of field. And without stating reasons for the regulation. Or -- investments. Even if the investors on the group like hedge funds like you and your neighbors getting together -- house. Will be subject to the Fed's new rules -- state chartered banks will now be subject of bad. All businesses whether financial in nature -- that are owned by any financial institutions. Shall be subject to. Even mom and pop shops and stores. If in the Fed's opinion would it. And thus reduce systemic harm to the and show it's not. -- That -- have you are to require employers and it asks to report data to that that many in the IRS presently lacks. There appears to be no limit to the private human behavior. That that that will not be able to find a way to right. This proposed."

" Want to hear more of opinions such as these take a look at my new book Dred -- to revenge a legal history of race and freedom in America. Available in bookstores nationwide. You can also tune into my nationally syndicated radio show. Brian and The Judge every weekday from 9 AM to noon eastern. And to my online program freedom watch every Wednesday from two to 3 PM eastern on foxnews.com. And don't forget you can always catch me right here on the Fox News Channel. And on the Fox Business Network throughout the day every day. I'm judge in -- about channel and that's my verdict."