It sure sounds like Dream Act
On Friday he did enact a major portion of the Dream act by executive order, although he made it look like it was Homeland Security Secretary Janet Napolitano's doing. This is an intentional end-run around the Constitution and Congress who failed to pass the legislation in 2010.
Although the Democrats deny it, this clearly was done for political reasons and like the gay marriage issue it was designed as a distraction because Obama cannot run on his miserable record of the last three and a half years. What I said in 2011 is still true today. "The main motive in passing this is to pander to Hispanics for their votes in his bid for re-election. Watch for more of the same during the next four months.