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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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)
President Obama says that regulations are what keep the free market fair, open and honest. (00:31)
President Obama declares before an audience in Kansas that the nation must work together and play by the same rules, rather than allow each person to fend for himself. (00:41)
While speaking on a panel hosted by Rep. Cathy McMorris Rodgers (R-Wash.) on Monday, Sandra Parrillo, president and CEO of Providence Mutual Fire Insurance, advocated for regulations to ensure insurance companies are held accountable to fulfill promises in contracts but advocated against duplicative, expensive, overreaching and unnecessary regulations that serve as a distraction for insurance companies. (00:40)
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