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.