September 17th, 2008
12:00 PM ET
6 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. Carol for McCain all the way

    Biden's been hiding and keeping quiet. Good thing too. He should have stayed that way. The saying goes, "if you don't have something constructive to say, then keep quiet'. He should HEED this. Again, WHAT HAS BIDEN BEEN DOING FOR THE PAST 29 + YEARS IN THE SENATE?CONGRESS? Present? whoooa .... Remember – it's about EXPERIENCE, NOT A PARTY. Be careful what talk you listen to before you vote. Talk is cheap and EXPERIENCE COUNTS. Also, remember there are some changes you might NOT BE ABLE TO LIVE WITH. BECAREFUL WHAT YOU ASK FOR you could get something that will be hard to live with!
    Stand up for America for Proud Americans

    September 17, 2008 01:10 pm at 1:10 pm |
  2. Amanda

    I love Joe Biden's delivery of his speeches! He's so right on about everything and he doesnt hold back the truth. He's blunt and precise, this is exactly the person who Obama needs on his team. I've liked him from the moment I heard he was being vetted and I truely believe that Obama made the right choice!

    Obama/Biden '08

    September 17, 2008 01:11 pm at 1:11 pm |
  3. Seth in Jacksonville

    He is RIGHT. People, listen up. Say what you will about petty character differences between Obama and McCain.

    McCain is a flip flopper.

    He was for deregulation, now he is against it. He supported immigration policy, now he is against it. He was against Bush's tax cuts, now he is for them.

    Come on. This is easy...

    September 17, 2008 01:12 pm at 1:12 pm |
  4. A house divided

    The media should lay off Sarah.

    The Media fawned over Obama and could not sing HIS praises enough- even when he said nothing specific about nothing at all.

    The media fell for the vague, rhetorical speeches.

    Sarah, isn't given any leeway for vague rhetoric- the media DEMANDS that as VP nominee she PROVE herself MORE capable than Obama needs to be for POTUS.

    How ironic.

    September 17, 2008 01:12 pm at 1:12 pm |
  5. John in Ohio

    Even Factcheck shows that McCain has consistently been against regulation... until he sensed in the political winds that the people want regulation of the banking industry, because there is disaster without it.

    September 17, 2008 01:12 pm at 1:12 pm |
  6. NoMcSame

    Yes, and he fell right on his face.

    September 17, 2008 01:12 pm at 1:12 pm |
  7. Reader

    Not only do Obama-Biden get it. Biden shows that you can actually work in DC without being corrupted by it. Obama meanwhile shows the exceptional intelligence and quickness to handle increasingly complex issues.

    Palin is good for State level like Bush then. McCain is just too behind the times.

    September 17, 2008 01:13 pm at 1:13 pm |
  8. COUNTRY FIRST

    Biden is so pathetic. obama truly looks down his nose at you and if by chance that disgrace gets in the white house he'll have you sitting in the broom closet because he'll cane NOTHING about what you've got to say. He used you Biden........he used you.

    September 17, 2008 01:13 pm at 1:13 pm |
  9. Farrell, Houston, Tx

    McCain and Palin will surely put the country on the bridge to nowhere. The Democrats aren't buying into McCain and Palin and neither is the GOP. Republicans aren't going to suffer financial doom and they too are supporting Obama. WAKE UP AMERICANS.

    September 17, 2008 01:13 pm at 1:13 pm |
  10. Joe ' Bama

    pound pound pound away every day. do not slack up.

    September 17, 2008 01:14 pm at 1:14 pm |
  11. Tim in WV

    Joe Biden is the man

    September 17, 2008 01:14 pm at 1:14 pm |
  12. rjp

    Corporations have two things they need to look out for to stay afloat: themselves, and their shareholders. That's all they need to care about, and that's all most do. There are some that will pay attention to environmental concerns, or the concerns of the customers, but for the most part these go ignored. The government needs to be there to keep them in check. If a corporation could, they would find a way to channel money directly from the consumer into a bank account, but government regulation attempts to limit that, and for the most part, where competition AND regulation exists, a better environment for the consumer exist.

    September 17, 2008 01:14 pm at 1:14 pm |
  13. Gideon

    keep hitting him with the truth. He needs a big bump on the head to get in touch with the common folks

    September 17, 2008 01:14 pm at 1:14 pm |
  14. maynard hopkins wi

    who held the senate and congress while this was going on.. don't put the blame on just one person there are many to blame for this mess

    LIKE THE CONGRESS AND THE SENATE....... FIRE THEM ALL AND START OVER

    September 17, 2008 01:14 pm at 1:14 pm |
  15. jerry

    I'm a good Dad and would ride Am-Trak. Can I be VP? I could keep the world hating us ,if I had to ,also.

    September 17, 2008 01:14 pm at 1:14 pm |
  16. proud army and navy mom

    To all senior citizens on social security:

    You know if the repugs would have been able to push that legislation to privatize social security just think of the devastation that would take place for millions of senior citizens today. Mcwar stood by bush when he proposed it.

    this is why Bush/McCain wanted to privatize social security.... that money could have bought them more time before everything crumbled... so when Bush started preaching about privatizing, that's when they knew the deck of cards was going to fall...

    mcbush and his pitbull does not care about elderly people. Be warned.

    September 17, 2008 01:15 pm at 1:15 pm |
  17. KATHLEEN

    I do not think Americans realize the full impact of the bankruptcy of the
    Banks!!!! Instead of the Government, "just insuring" the banks, the
    Americans own it. The taxpayers will feel the brunt. Bush let the CEO
    rob the banks with their Million Dollar Bonuses-even when they were
    fired-they got a bonus!!!! Thank you Mr. Bush. And McCain and Palin
    won't tell the truth about their party antics for the rich!

    Obama Biden or BUST. 2008

    September 17, 2008 01:15 pm at 1:15 pm |
  18. judy, Wisconsin

    This deregulation mess was caused by the Repugs deregulating everything (i.e. "big government". ) Regulations that were put in place after the Great Depression. Partly authorized by Graham one of McCains "friends." Now we are paying for their stupid policies and Americans should see the difference between Repugs and Democrats. But this is the same electorate that put C- student Bush in for 8 years.

    September 17, 2008 01:15 pm at 1:15 pm |
  19. John in Ohio

    Seriously? Is hair plugs the best thing that Republicans can come up with for their Biden attacks? Seriously, people?

    What did Biden do to stop the meltdown? HE VOTED AGAINST THE DEREGULATION THAT CAUSED THE MELTDOWN IN THE FIRST PLACE. If we'd LISTENED to the congressional Democrats WE WOULDN'T HAVE THIS PROBLEM.

    September 17, 2008 01:16 pm at 1:16 pm |
  20. irony

    Democrats are arguing that Obama is qualified to be POTUS- but he is even less qualified than Palin- and she is just VP nominee.

    September 17, 2008 01:16 pm at 1:16 pm |
  21. L

    Obama and Biden have no right to slam John McCain on the economy when after yesterdays huge market disappointment, he partied with celebrities, charging $31,000 a head...well $28,500 + 2,500 for the Streisand concert...now let me think....what is his biggest concern...the economy or just making more money for his campaign.

    People are starving, the food banks are empty in Houston. I can't get a grant for my daughter to go to school because I make $54,000 per year....that is ridiculous.... and he has the nerve to charge that kind of money for a few hours, pictures and a concert....I'm so over this entire campaign......do any of the candidates really deserve our vote....scary.....

    September 17, 2008 01:16 pm at 1:16 pm |
  22. Jimmy P

    Poor ol' Joe, he's become so irrelevant. Now's about the time he will become frustrated and say something he, and what's his running mates name? – might regret!

    September 17, 2008 01:16 pm at 1:16 pm |
  23. Erika, KS

    Careful, there Joe.
    You're not too far from hitting the ground off of your own horse.

    September 17, 2008 01:16 pm at 1:16 pm |
  24. bob

    My gosh, McCain, what has happened to you??!!!

    September 17, 2008 01:16 pm at 1:16 pm |
  25. double talk

    Biden should talk- he is on the side of the large credit card companies that charge ever higher interest rates.

    Obama too voted against a bill to lower the MAX interest rates that credit card issuers could charge.

    September 17, 2008 01:17 pm at 1:17 pm |
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