Barack Obama actually said...

Senator Harkin will be missed, and Michelle and I join Iowans in thanking him for his longstanding service.

We also know the free market works best for everybody when we have smart, commonsense rules in place to prevent irresponsible behavior.

We passed tough reforms to protect consumers and our financial system from the kind of abuse that nearly brought our economy to its knees.

There are all sorts of lessons to be learned both from past presidents and my own first term.