President Obama’s pledge to recover the economy has taken a long and winding detour, but his 2008 campaign pledge to regulate corporate America is right on course — despite the fact that In January, the White House issued an executive order to review regulations for all federal agencies, with the intent to root out oppressive regulations on American businesses.

The initiative ordered agencies to review regulatory procedures and ensure that all rules "promote predictability and reduce uncertainty" and "identify and use the best, most innovative, and least burdensome tools for achieving regulatory ends."

But the Washington Times observed that during the past several months, the President’s edict has gone nowhere:

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