Unlikely: Obama tell California donors, “We believe in the free market [and] a light touch when it comes to regulations.”

Only in California would Democrats be dumb enough to believe this lie. 

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.”