Obama: 'Free market' is not a 'free license' – The Oval: Tracking the Obama presidency


President Obama says he believes in the free market, but “it was never meant to be a free license to take whatever you can get, however you can get it” — and that’s why new Wall Street regulations are needed.

The White House included that argument in excerpts just released of Obama’s New York City speech, to be delivered around noon.

via Obama: ‘Free market’ is not a ‘free license’ – The Oval: Tracking the Obama presidency.

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