In the last few days, the alleged scandal at Madoff investor securities has reminded us yet again of how badly reform is needed when it comes to the rules and regulations that govern our markets.
Obama emphasizes the need for reform in market regulations following the Madoff scandal.
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We’ve now fought a war, spent billions and billions of dollars, you know, put enormous strain on our military. A lot of people have died. And it feels like we’re back where we were before we started the war, except maybe a little bit worse…
I think when you understand the complexities of America and the contradictions of America, I don’t think it makes you love it less. I think it makes you love it more.
America is currently experiencing anger and vision but we are looking for fairness and common sense and mutual respect."
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