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We've got to change our regulatory system.

-Barack Obama

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We've Got To Change Our Regulatory System.

Barack Obama

We've got to change our regulatory system.

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    <footer style="font-size: 1rem; font-weight: bold;">— Barack Obama</footer>
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More From Barack Obama

One voice can change a room, and if one voice can change a room, then it can change a city, and if it can change a city, it can change a state, and if it change a state, it can change a nation, and if it can change a nation, it can change the world. your voice can change the world.

I think one could argue that there's more political input into the regulatory side, and on the regulatory side there seem to be fewer people with financial and banking experience - there are more lawyers, academics, economists, maybe politicians now.

Every system tries to get people to conform to support that system. that goes for communism, socialism, free enterprise, or any other civilization. if they don't demand loyalty, they can't keep their civilization together. so what they do is they teach things that would support an established system. we do not advocate an established system. tvp talks of an emergent system into state of change. so that we always prepare people for the next changes coming ahead. so that people will not cling to the past.

Capitalism does not permit an even flow of economic resources. with this system, a small privileged few are rich beyond conscience, and almost all others are doomed to be poor at some level. that's the way the system works. and since we know that the system will not change the rules, we are going to have to change the system.

For market discipline to constrain risk effectively, financial institutions must be allowed to fail. under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.

Negative feelings are in you, not in reality. stop trying to change reality. that's crazy! stop trying to change the other person. we spend all our time and energy trying to change external circumstances, trying to change our spouses, our bosses, our friends, our enemies, and everybody else. we don't have to change anything. negative feelings are in you.

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