Obama: Free Market Without Regulations Doesn't Work

President Obama states that a free market without regulations did not work during the Great Depression nor has it worked over last the decade, and it will not work now. (00:34)

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Obama Administration is Cleaning Up After Bush Administration, Says Carney

White House Press Secretary, Jay Carney, claims that the Obama administration has been busy cleaning up after the Bush administration that turned surpluses to massive deficits in order to prevent another Great Depression in the US (1:44)

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Financial Reform Bill Will End 'Too Big To Fail,' Says Democrat Kaufman

Sen. Ted Kaufman (D-Del.) says Congress must pass strict laws that would prevent banks and other financial firms from becoming "too big to fail. (0:16)
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Wall Street Bill Would End 'Too Big To Fail,' Says Democrat Kaufman

Sen. Ted Kaufman (D-Del.) says Congress needs to pass strict laws that would bring about the end of banks becoming "too big too fail." (0:16)
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Great depression never again

Christina Romer, Chair of the President's Council of Economic Advisers, asserts her belief that a "great" depression will never occur again (0:11)
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Dr. Seiders says he recommends creating a tax credit for home purchase

At the Senate Finance Committee on "The Real Estate Market: Building a Strong Economy," Dr. David Seiders, Chief Economist and Senior Staff Vice President at the National Association of Home Builders, says his recommendations to the finance committee are creating a tax credit for the purchase of a home, expanding the mortgage revenue bond program, expand the net operating loss deducting carry back, and designate housing an eligible investment for tax-preferred retirement accounts. (1:01)
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