Obama won't get a compliant House. But he will test many proposals like this one against them and look for one with some traction and hammer it through with RINO support. I doubt this would be the one. But people should not underestimate the power of his class warfare message and his charge that Republicans are trying to "crash the economy". The issue he picks (maybe tax increases or a new federal financial authority) will be chosen to be both "unless you pass this the markets will crash" and "not passing this will only benefit the rich". Then he will get the compliant media to play those messages, engineer a market crash if the House votes it down, and ram it past the RINOs. It will actually be quite easy for him, although he will only be able to do it once or twice at most.
What about barry just going around congress and executive ordering this action? Who would stand up to him?
He is already acting outside the law in a number of other ways, so what’s to stop him, his media? His senate?
He has more flexibility now.
The biggest obstacle to this would be Wall Street itself -- which pretty much owns Congress and the White House anyway. Institutional investors and mutual funds -- many of which are dominated by tax-deferred accounts like IRAs and 401(k) plans -- would stop investing in corporate America completely. There's no way in hell these CEOs would allow this to happen.