Obama tells donors: Democrats favor ‘light touch’ on regulation

The Washington Times reports:

Making a pitch for Democratic candidates in 2014, President Obama told big donors in California Thursday night that Democrats favor free-market solutions and less government regulation. “It turns out we’re pretty common-sense folks,” Mr. Obama said at a fundraiser at a private home in Palo Alto, Calif. “We believe in the free market [and] a light touch when it comes to regulations.”

Extortion never sounded so "light".