September 17th, 2008
12:00 PM ET
10 years ago

Biden: McCain fell off his horse

Sen. Biden talked about the economy while campaigning in Ohio Wednesday.

Sen. Biden talked about the economy while campaigning in Ohio Wednesday.

MAUMEE, Ohio (CNN) – Joe Biden hammered John McCain on the economy at his first stop Wednesday in this battleground state, criticizing the Arizona senator for only now coming around to the idea of regulation needed to avert financial crises.

“All of a sudden it’s my goodness there’s greed on Wall Street, my goodness we need common sense regulation,” Biden said.

With polls showing Barack Obama has lost his lead in Ohio, Biden is embarking on a two-day bus tour of the state.

The Delaware senator told supporters at an outdoor rally that they have a choice between those who allow corporations and the wealthy to go "unfettered” and those who want “common sense rules” to protect transparency.

“Look, if John cares so much about this now, where was he a week ago?” Biden asked. “Where was he a month ago? Where was he 5 years ago? I’ll tell you where he was, he was bragging to the folks on Wall Street, to the executives who now he calls ‘greedy.’ He was bragging to them how we’re going to shred the regulation that fetters them, that ties them down.”

“So let’s take a look at John’s conversion here,” Biden later added, “Something happened on the road to Damascus, John fell off his horse but he got back up on the same horse.”

He went on to draw parallels with McCain’s health care plan, saying that there too McCain favors de-regulation that wouldn’t allow states to protect its residents from insurance companies.

“So John, you got back on the same horse, you continue to push a plan that’s designed to de-regulate the health insurance industry,” said Biden, asking the crowd to raise their hands if they trust insurance companies to take care of their needs.

“I got one person [who] raised their hand. I got also a bridge I got to sell you and guess what? It’s in Alaska and it goes to nowhere,” he said, echoing a line Obama has been using on the stump as well.

Filed under: Economy • Joe Biden • John McCain • Ohio
soundoff (333 Responses)
  1. Tino

    I am sure as the American people continue to see the crises that are emerging on the economic front, and all the former secretaries of state essentially aggreeing to Senator Obama's position on Iran, it should be clear that we need to shelve our own prejudices and stereotypes of a "blackman" and support Barrack for president because I honestly think he is without any doubt more in touch... Senator Biden is right, what happened to Mr. deregulation in chief Mcain?

    September 17, 2008 01:59 pm at 1:59 pm |
  2. Tim

    The DNC has unveiled a new clock counting the days, hours, and minutes since McCain’s last press conference (34 days) and the time between Palin was picked and her first press conference (18 days and counting). Never before have Presidential candidates been so sheltered from the press. A real preview of the ivory tower approach we would see in the White House.

    September 17, 2008 02:00 pm at 2:00 pm |
  3. Hypocrits for Obama

    The only person "vaguer" than Palin in giving responses is OBAMA himself.

    The BEST person at stating the toatal obvious is NOT Palin... but OBAMA.

    Obama has been preaching the obvious forever- and he needs a teleprompter to do it.

    September 17, 2008 02:01 pm at 2:01 pm |
  4. Sissy

    To present the bailout of AIG by the Federal Reserve as a government bailout; in fact the Federal Reserve is as much a privately own corporation as AIG.
    For Mitt Romney to come on national TV and subscribe to the ideal that the Federal Reserve is a government agency shows the extent the republicans and our government officials are willing to distort the truth.
    America is being soldout and it's not the American people who will benefit.

    September 17, 2008 02:01 pm at 2:01 pm |
  5. The Conservative

    Tell them Joe! The fluffy bridge to nowhere! McBush should just go home and wait for the unavoidable!

    September 17, 2008 02:01 pm at 2:01 pm |
  6. Billy

    Where the heck is our President during all this??

    McCain and Palin treat the media the same way Bush does. None of them answer our questions, they just read their prepared statements and waltz out of the room.

    Good leaders don't hide during the tough times.

    We need a change.

    Obama/Biden 08

    September 17, 2008 02:02 pm at 2:02 pm |
  7. More double standards

    When it is Obama who changes his mind- it is "refining".

    Well McCain is allowed to refine his position based on new information- just like Obama can.

    September 17, 2008 02:02 pm at 2:02 pm |
  8. Go McCain/Palin

    Look up Gramm-Leach-Bliley – Find out why we are in our current financial mess and who supported it.

    September 17, 2008 02:03 pm at 2:03 pm |
  9. Freedom Lovin Patriot

    18 MILLION PEOPLE VOTED FOR OBAMA to lead the country.

    NOT based on his experience but based on his VISION

    Sarah won't even meet with reporters on her plane…forget about even having a vision!( other than seeing Russia from her house)


    It is the logical progression of credit failures.

    All because Republican leadership failed to protect taxpayers from greed.

    You'll see. Before the end of this year, maybe 1st quarter of next year.

    How does it effect you?…

    Your credit cards will be cancelled.
    Your credit line will be cut.
    You'll be forced to pay outstanding balance on your card.


    He'll flip-flop and not stop.

    September 17, 2008 02:03 pm at 2:03 pm |
  10. rick

    yes he did if he was normal he wouldt choose PALIN over Roney. mccain lost his minde long time ago i think he should look for a retirment house not for a job

    September 17, 2008 02:04 pm at 2:04 pm |
  11. Vinson




    September 17, 2008 02:04 pm at 2:04 pm |
  12. Andy - Atlanta, GA

    I don't know about a horse Joe, but McCain sure looks like he'll ride his new pitbull all the way to the whitehouse!

    September 17, 2008 02:04 pm at 2:04 pm |
  13. soccermom

    Joe Biden once again talks out of both sides of his face. Where are his solutions? Oops, if he had any, we wouldn't be in this mess, he's been up there in Washington this whole time too...!

    September 17, 2008 02:04 pm at 2:04 pm |
  14. My comments are always AWAITING moderation

    I find it down right mind boggling to read that people on here are blaming Biden. How about blaming McCain and his financial adviser PHIL GRAMM who was responsible for much of the deregulation that got us into this mess. Back in March McCain said no way to more regulations. Now he is all about regulations and how he is going to clean up Washington. I swear some of you people deserve another 4 yrs of Republican rule.

    September 17, 2008 02:04 pm at 2:04 pm |
  15. dittohead with forty names

    I lost my job, but Rush said not to worry I can sell his hats and t-shirts and make a profit.Thank you Rush,your my Saviour.

    September 17, 2008 02:04 pm at 2:04 pm |
  16. FactCheck

    So under the McCain economic plan of privatizing social security, all that money that Wall Street lost this week would essentially be your retirement funds. That's really comforting.

    September 17, 2008 02:04 pm at 2:04 pm |
  17. Marie Canada

    Surely most of the U.S. knows where John McCain and for that matter the entire GOP stand on these types of issues. Their stance has never changed and is exactly what got America to the point where it is now. More of the same will only get Americans out of a recession and into a depression.

    September 17, 2008 02:04 pm at 2:04 pm |
  18. S.B. Stein E.B. NJ

    So it takes McCain a while to get things. Sometimes he gets them sooner that later. This time it is later. Had there been enough people to keep an eye on Wall Street with enough regualtory power to keep things from getting all out of hand, then things would have been all right.

    It is the group of people who thing that businesses will do the proper thing who are delusional. Some will act ethically, but there are far too many who will do what every they can to get the maximum money out of the system before they get caught with doing something that is illegal or unethical. It is because of these bad eggs that we need more people watching over Wall Street with the power to do something to make sure that our interconnected markets don't make too large of a disasterous ripple.

    September 17, 2008 02:05 pm at 2:05 pm |
  19. Bill Charlotte,NC

    Finally, someone is calling McFiber out. Go Biden, tell it like it really is!

    September 17, 2008 02:06 pm at 2:06 pm |
  20. Jermiah

    I can't believe any democrat is dumb enough to buy anything that comes out of Biden's mouth.

    Oh, yeah, the democrats are supporting the media's pick for President, Obama.


    September 17, 2008 02:06 pm at 2:06 pm |
  21. Donna from Colorado Springs

    Tell it like it is Joe!!!!!!!!!!!!!!!! You probably know McCain better than anyone except for his wife. The difference is that you can see his flaws and will tell the truth about his faults, where his wife won't. We democrats want you to start really speaking up against McCain and PLEASE go out on the campaign trail with Obama! Don't let McBush and Cheney in a dress be the only ones out there!

    September 17, 2008 02:06 pm at 2:06 pm |
  22. ann


    Biden is funny.......he's the typical raving lunatic who won't shut up, so everybody pretends to listen to him, while they are wondering how long before he shuts up.

    However, we know how to shut him up....ask him about his sons legal issues.

    September 17, 2008 02:08 pm at 2:08 pm |
  23. irony

    The only thing ironic about the fake posts above from "irony" is that the poor idiot should be voting for Obama and change but obviously is confused and is voting for four more years of Mcbush's failed policies.

    September 17, 2008 02:08 pm at 2:08 pm |
  24. jim bob

    McCain has how many houses? His wife wears a 300,000 dollar dress to the RNC and these peole can realate to us.? She thinks she is a Queen. The Republicans and the Democrats have ruined this Country, but the Gov of Alaska, and John is running because he was a POW? help we need new blood not jerks

    I am sorry we are spending billions and billions we don't have. I am broke form taxes and the Govt and everyone is side tracked by the media circus and has turned the election into a circus, it has nothing to do about us.

    Rome is falling

    September 17, 2008 02:09 pm at 2:09 pm |
  25. JO

    (From the Veterans for Common Sense)
    John McCain on Women’s Issues
    In his own words: ““I do not support Roe v. Wade. It should be overturned.”

    September 17, 2008 02:10 pm at 2:10 pm |
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