Thursday, June 18, 2009

Obama Interview Transcript

We've mentioned Planet Moron a few times, all for good reasons.

Another grand-slam today.

HARWOOD: Would you please launch into a five-minute speech extolling your financial industry regulation plan in response to my softball question?

Pres. OBAMA: You bet. In examining our current regulatory structure, which was more expansive, thorough, intrusive, comprehensive and vulnerable to political meddling than that imposed on any other sector of our economy, we decided that the only way to avoid future financial crises was to create an even more expansive, thorough, intrusive, and comprehensive set of regulations vulnerable to political meddling.

And that's just the beginning...

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