"In the absence of sound oversight,responsible businesses are forced to compete against unscrupulous and underhanded businesses, who are unencumbered by any restrictions on activities that might harm the environment, or take advantage of middle-class families, or threaten to bring down the entire financial system"
- Barack Obama
About this Quote
This quote by Barack Obama speaks to the importance of sound oversight in order to guarantee that businesses are held to a specific standard. Without oversight, services that are accountable and ethical are put at a drawback, as they must take on companies that are unscrupulous and questionable. These businesses are not held back by any restrictions on activities that could be damaging to the environment, or that could benefit from middle-class families, or that might threaten the whole financial system. This lack of oversight can lead to an unsafe circumstance, where companies are not held accountable for their actions and can trigger harm to the general public. It is necessary that services are held to a specific standard in order to ensure that the general public is safeguarded from any prospective harm.
This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA.
The author also have 123 other quotes.
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