Biden: Wall Street will “put you all back in chains”

Joe Biden

Vice President Joe Biden isn’t know for being a soft-spoken guy. Let’s face it, he is pretty gaffe-tastic. During a campaign stop yesterday, Biden told the crowd, “With you, we can win North Carolina again.” The only problem was that he was in Virginia, another crucial swing state. While this makes for a good laugh at Biden’s expense, there was also a pretty pathetic shot taken at the Romney-Ryan ticket and Wall Street.

During his remarks, Biden told supporters that Wall Street is going to put Americans “back in chains” if the Romney-Ryan ticket manages to win in November:

Vice President Joe Biden, speaking at a rally at the Institute for Advanced Learning in Danville, Va., said GOP presidential candidate Mitt Romney and his running mate, Rep. Paul Ryan (R-Wis.), are going to put the American people “back in chains.”

Biden said Romney promised in his first 100 days to “let the big banks once again write their own rules–unchain Wall Street. They’re gonna put you all back in chains,” Biden said.

Biden explained that his father used to say, “Don’t tell me what you value. Show me your budget, and I will tell you what you value.”

“Don’t tell me you value women in the workplace and don’t hire any women. Don’t tell me you value – and so on. Well let’s take a look, because now we got a real clear picture – we got a real clear picture of what they all value. They’ve said it,” Biden said.

It’s odd that Biden would be complaining about the “chains” of Wall Street since he, along with then-Sen. Obama, voted for TARP. Rep. Paul Ryan also voted for it and Mitt Romney supported it. Still, the Obama Administration has cozied up quite well with many industries, as Tim Carney has endlessly explained in his book, Obamanomics: How Barack Obama Is Bankrupting You and Enriching His Wall Street Friends, Corporate Lobbyists, and Union Bosses, and in his columns at the Washington Examiner.

The GOP presidential campaign has not only called on President Obama to condemn the attack, calling it a “new low”; but Romney himself reacted last night in Ohio in a firey speech, telling Obama to “take [his] campaign of division and anger and hate back to Chicago.”

 

The reaction from the Romney camp is understandable. The assertion by Biden is nothing short of absurd. Sure, it’s not easy to sympathize with Wall Street. There are many good people who go about their living honestly, but sadly there are also many that collude with the government to get taxpayer-funded subsidies or bailouts. However, it does little good to demonize them in such a way, especially by using comments that sound like something heard in an Occupy Wall Street commune by some idiot wearing a Che Guevera t-shirt while passing out the last Socialist Worker rag.

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