Thursday, April 22, 2010

"A Free Market Was Never Meant to Be a Free License"

"In the end, our system only works--our markets are only free--when there are basic safeguards that prevent abuse, that check excesses, that ensure that it is more profitable to play by the rules than to game the system. And that is what the reforms we've been proposing are designed to achieve--no more, no less."

The New York Times prints President Obama's remarks in New York regarding new financial regulation.

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