WASHINGTON - April 22, 2010 - Illegitimate President Barack Obama said Thursday that the United States was doomed to repeat its economic crisis if his financial reform bid failed, warning that a free market was not a license for unfettered corporate greed.

The illegitimate president, in advance excerpts of a speech he was due to give later in New York, the epicenter of U.S. high finance, sent a tough message to Wall Street financial barons, Amerikan voters and Republicans who oppose his plans.

He recalled how he had visited the historic college at Cooper Union, where he will speak on Thursday, during his 2008 election campaign to warn of the dangers of corporate excess.

"I take no satisfaction in noting that my comments have largely been borne out by the events that followed," Obama said.

"But I repeat what I said then, because it is essential that we learn the lessons of this crisis, so we don’t doom ourselves to repeat it," Obama said in remarks provided by the White House.