September 26th, 2008
08:00 AM ET
14 years ago

Biden: GOP, possibly McCain, to blame for no bailout deal

[cnn-photo-caption image= caption="Biden spoke at a fundraiser in Rhode Island Thursda night."]
EAST GREENWICH, Rhode Island (CNN) – Joe Biden told donors at a fundraiser in Rhode Island Thursday night that Republicans in the House of Representatives are standing in the way of a bailout plan - and alluded to possible involvement by John McCain.

He also called out the Arizona senator on his self-proclaimed maverick credentials, saying “a lot of mavericks don’t know a lot, a lot of mavericks don’t change.”

“We had a deal this morning, it looked like,” said Biden, noting that running mate Barack Obama had been called to the White House by President George Bush. “We were going to all put this behind us and then I’m told that things changed, that John McCain landed about four o’ clock and all of a sudden - I don’t know what the reason - but some of the House Republicans decided that this, this wasn’t going to go forward, at least not right away.”

Biden added that it is “a shame” a deal wasn’t worked out when it initially appeared as though the terms put forward were agreed upon by all parties - and expressed frustration at what he called another example of the Bush administration failing to take responsibility for its actions.

“If you talk to the President of the United States, it’s a little bit like, you know, this didn’t happen on his watch,” Biden said.

“Think about it, there’s been virtually no explanation out of the White House,” he later added. “And all of a sudden the president appears as if somehow he’d just come to office as this crisis had dropped on his table.”

Biden continued to tie McCain’s economic proposals to Bush, calling them “as bankrupt as Lehman Brothers” as well as mocking McCain’s attempt to cast himself as the agent of change. “Well, you know, a lot of mavericks don’t know a lot, you know a lot of mavericks don’t change. John changed his rhetoric but didn’t change any of his philosophy.”

Filed under: Joe Biden • John McCain
soundoff (335 Responses)
  1. idiots & bigots for McCain

    John McCain is a POW war hero. He only has the interest of the country in mind when he sticks his nose into sensitive negotiations in order to postpone debates.

    American first! Support the Troops!

    Win in Iraq, Afganistan & Bomb, Bomb, Bomb, Iran
    Cut more taxes

    I'm wearing my flag pin!

    September 26, 2008 10:14 am at 10:14 am |
  2. jim

    It's called the Republicans sabotaging the bill so that McSame can get out of the debate. It's all a giant stunt.

    September 26, 2008 10:15 am at 10:15 am |
  3. Ray, NC.

    McCain isn't acting like he has any honor. He's acting like a "Girley Man" lol Grow a pair and go debate!

    September 26, 2008 10:16 am at 10:16 am |
  4. ADG

    mccain has the republicans playing the game so he has a reason not to show up at the debate! they act like there not happy with bush but they followed him for 8 years! old habits are hard to change . I heard one of mccains goonies say that obama should give the money he raised at that fund raiser in california to charity, why doesn't mccain sell one of his many houses and give the money to the poor or ad it to this bail out? Because he is GREEDY!

    September 26, 2008 10:16 am at 10:16 am |
  5. Gayle

    I agree with Rhonda. This administration has made me cynical. I believe they are totally capable of staging a deadlock and somehow have their party's candidate "rescue" the nation from financial ruin. They are desperate to stay in power and are capable of about anything. They wouldn't have enough votes from the wealthy top 2% so they USE the religious base.
    Why don't they get that the GOP is immoral and just spouts morality.

    September 26, 2008 10:16 am at 10:16 am |
  6. John

    That is junk. Anything to win an election.

    September 26, 2008 10:16 am at 10:16 am |
  7. Mike, FL

    I think McCain's stunt is designed to distract Plain's disastarous interview on CBS!

    September 26, 2008 10:16 am at 10:16 am |
  8. HoustonIndie

    I don't think McCain knows what he stands for. Right now, he must be busy trying to find an excuse for either coming back to the debate or missing it. My guess is there is much to lose for him whether he attends the debate or not.

    September 26, 2008 10:17 am at 10:17 am |
  9. irish

    The rebulications tried to push for regulation for years and the democrates kept shooting down the bill. So, who is to blame ? Stop being so naive when it comes to who is to blame, both of them are!!! Republicans and Democrates. Right now as the plan stands, the democrates have nothing in there that is going to benefit the tax payers who btw are paying for this mess. The only thing they have in there revised bill is regarding help of foreclosures. That's it. Why, if we are paying for this do we not get a stake in profits when profits are made by bailing out these companies. And why are these executive and ceo's getting anything. Democrates have in the plan LIMITED

    September 26, 2008 10:17 am at 10:17 am |
  10. Concerned citizen in Indiana

    This highlights a vast difference between Joe Biden and his opponent of GOP – Joe has guts and substance in what he is talking about.

    It is astonishing to see there are still some people who are refusing to admit this. Well, maybe I am wrong – they know that McCain and his running mate seriously lack intellectual competency and judgement. That's why they don't want to debate with Obama and Biden.

    September 26, 2008 10:17 am at 10:17 am |
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