Biden: McCain's Economic Philosophy As Broke As Lehman Brothers

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First Posted: 09-23-08 05:47 PM   |   Updated: 10-24-08 05:12 AM

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Today vice presidential candidate Joseph Biden decried the McCain campaign for running a "successful smear campaign" against Barack Obama, and ridiculed the Republican nominee of having an economic policy "as bankrupt as Lehman Brothers."

Speaking at the National Jewish Democratic Council conference at the Hilton in Washington D.C., Biden asserted that Obama was a strong and committed supporter of Israel, something which the Illinois Democrat's conservative critics question.

"I promise you, i guarantee you," he told the crowd, "I would not join Barack Obama's ticket as vice president if I had any doubt, even the slightest doubt, whatsoever, that he shares the same commitment to Israel that I share."

Much of the address, however, was spent not on Middle East affairs but the Republican opposition. Ridiculing McCain for first saying the fundamentals of the economy are strong before adopting a populist mantra on the current financial market crisis, Biden told the predominantly Jewish crowd: "We Catholics call that an epiphany."

"The problem," he added, "was it was only a political epiphany; it was not a substantive change in policy... if John actually realized what was going on and felt in his gut what he articulated in his voice, he would have to admit that the economic policy that he and George Bush espouse... is as bankrupt as Lehman Brothers."

The crowd, numbering in the several hundreds, laughed in approval. Biden's appeal in the Jewish community is strong and will likely aide Obama among that constituency. The Senator addressed what has been a major problem for Obama among Jewish voters: namely, a rumor campaign that alleges that the Illinois Democrat is disposed towards the Palestinian side of the Middle East conflict, has Muslim roots, and would endanger Israel's security through meetings with Iran.

"[The Republicans] have run a pretty successful smear campaign," said Biden. "That is what these guys have been running."

Drifting from his stump speech, in which he paints McCain as a clone of George Bush, Biden delighted the crowd with a old Jewish tale.

"This is an election that kind of reminds me of that story," he said, "how every year the Yeshiva crew team would row against Harvard and get creamed year in and year out. So after a really tough loss the coach of Yeshiva told his captain: 'Why don't you guy spy on Harvard.'... So the captain of Yeshiva's team went, hid in the bushes along the river, and after a few minutes of watching figured it out. So he took his cell phone and called his coaches and said: 'Coach, I got it, I got it.' He said, 'The secret is they've got eight guys rowing and only one yelling.... That's what we need to be doing this election here. Ignore all the malarkey, ignore all the distractions, ignore all the emails and get behind Barack Obama straight up."

Today vice presidential candidate Joseph Biden decried the McCain campaign for running a "successful smear campaign" against Barack Obama, and ridiculed the Republican nominee of having an economic po...
Today vice presidential candidate Joseph Biden decried the McCain campaign for running a "successful smear campaign" against Barack Obama, and ridiculed the Republican nominee of having an economic po...
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- teacheng I'm a Fan of teacheng 4 fans permalink

"I looooove Joe Biden." - Bill Clinton

When he said that, I loved Bill Clinton again.

    Favorite    Flag as abusive Posted 09:18 AM on 09/24/2008

joe just keep attacking, and let 'O' worry about policy issues.

    Favorite    Flag as abusive Posted 06:22 AM on 09/24/2008
- iluvsam I'm a Fan of iluvsam 17 fans permalink

I love Joe.

    Favorite    Flag as abusive Posted 06:05 AM on 09/24/2008

I wonder if he picked up the line while watching from FDR's 1929 television appearance in order to calm the nation. Biden is a joke...

thegreatam­ericablog.­blogspot.c­om

    Favorite    Flag as abusive Posted 03:47 AM on 09/24/2008
- noamjunior I'm a Fan of noamjunior 85 fans permalink

After the cons picked PALIN
you "Biden is a Joke" nonsense seems even more redink-u-lose

    Favorite    Flag as abusive Posted 03:54 AM on 09/24/2008
- Kanashi I'm a Fan of Kanashi 2 fans permalink
    Favorite    Flag as abusive Posted 02:11 AM on 09/24/2008
- USMC1980 I'm a Fan of USMC1980 11 fans permalink

Biden is really going to massacre Palin in the debate...she should just call it off now and avoid the embarassment.

    Favorite    Flag as abusive Posted 02:11 AM on 09/24/2008

I'm sure she would love to do that, just like she's kept the press away. Ain't going to happen, but nobody ever accused the Repubes of living in reality, they prefer their Fantasy land.

    Favorite    Flag as abusive Posted 09:14 AM on 09/24/2008

We have a fiat currency bubble burst.

Financial Crisis Fundamental Foundation Flaws and Solution

Congress is tapping into this info today.

On http://coinage.me/

The flaws are articulated in detail as well as the solution which involves a New Global Value Exchange Accounting System they have a list of power questions that media and journalists can ask.

One interesting ironic insight is a small fortune can be made off pennies as a result of the amazing paradox resulting from current market conditions. 1 lb of pennies is worth $6.00 tangible and only $3.00 intangible.

They make an interesting point why shouldn't the bail out (citizens going into debt) go to pay off the mortgages and then trickle down to those firms needing to be bailed out?

Read the power questions. http://coinage.me/power_questions.htm

    Favorite    Flag as abusive Posted 11:14 PM on 09/23/2008


AND YOU WONDER WHY?

With America facing historic debt, multiple war fronts, stumbling health care,a weakened dollar, all-time high prison population, skyrocketing Federal spending, mortgage crises, bank foreclosures, etc. this is an unusually critical election year. Let's look at the educational background of your two options:

Obama:
Occidental College - Two years.
Columbia University - B.A. political science with a specialization in international relations.
Harvard - Jurist Doctor (J.D.) Magna Cum Laude

Biden:
University of Delaware - B.A. in history and B.A. in political science.
Syracuse University College of Law - Juris Doctor (J.D.)

vs.

McCain:
United States Naval Academy - Class rank 894 of 899 Out of 899 classmates, only 5 finished with lower grades than McCain !!!!!

Palin:
Hawaii Pacific University - 1 semester
North Idaho College - 2 semesters - general study
University of Idaho - 2 semesters - journalism
Matanuska-Susitna College - 1 semester
University of Idaho - 3 semesters - B.A. in journalism

Now, which team are you going to "hire" ?

    Favorite    Flag as abusive Posted 10:56 PM on 09/23/2008
- teacheng I'm a Fan of teacheng 4 fans permalink

Right!

    Favorite    Flag as abusive Posted 09:17 AM on 09/24/2008

Riding Amtrak from his home in Delaware to Wasington, D.C. as an elected representative to honor and uphold his responsibilities as a Senator of the Legislative Branch of government.

Meanwhile, back on the campaign trail, Sarah McPalin reads moose entrails to discern the will of god and can see Russia from somewhere in her home state.

Joe has a formidable foe in the inflateable fantasy doll of Republican politics.

    Favorite    Flag as abusive Posted 10:22 PM on 09/23/2008
- kellygrrrl I'm a Fan of kellygrrrl 640 fans permalink
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like a seasoned Hound Dog
standing next to a bejeweled Mal-Poo puppy

who is the loyalist/

who do you trust

    Favorite    Flag as abusive Posted 11:17 PM on 09/23/2008
- Glenn1441 I'm a Fan of Glenn1441 17 fans permalink
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I love Joe Biden. If we are so fortunate as to have Obama/Biden in the White House, yet so unfortunate as to witness tragic circumstances that necessitate the second in command assumes the presidency, I believe we would find ourselves in excellent hands. Obama and Biden are a fantastic combination as both are natural born leaders, because true leaders lead. Successful leaders do not govern or rule, and they certainly do not come to office because they 'won' an election. Indeed, leading is never about winning. And if it were, then a genuine, compassionate, strong leader leads all within his/her care to new opportunities and winning propositions -- equally shared.

    Favorite    Flag as abusive Posted 10:14 PM on 09/23/2008
- speeddeeps I'm a Fan of speeddeeps 2 fans permalink

This guy makes you proud being irish

    Favorite    Flag as abusive Posted 09:56 PM on 09/23/2008
- morefromLA I'm a Fan of morefromLA 25 fans permalink
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The guy makes me proud being a Democrat.

    Favorite    Flag as abusive Posted 11:13 PM on 09/23/2008
- kellygrrrl I'm a Fan of kellygrrrl 640 fans permalink
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definitely!

like the steady loyal workhorse

that he must sit by while the bejeweled poodle puppy prances, is horrifying

I can't wait to see him send SarahSpears back to the woods

    Favorite    Flag as abusive Posted 11:19 PM on 09/23/2008
- kc1963 I'm a Fan of kc1963 2 fans permalink

makes me homesick everytime he uses the word malarky. my grandfather used that word all the time. (another of pop's favorites was amodon, which is what he would call McCain)

slainte joe!!!

    Favorite    Flag as abusive Posted 12:56 AM on 09/24/2008
- redsongia I'm a Fan of redsongia 88 fans permalink
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I love Joe Biden. He's what McCain wishes he were. John, if you had any compassion, you could pull it off too.

    Favorite    Flag as abusive Posted 09:40 PM on 09/23/2008

...and character, empathy, scruples, ideals...

    Favorite    Flag as abusive Posted 10:28 PM on 09/23/2008
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He speaks the truth.

    Favorite    Flag as abusive Posted 09:38 PM on 09/23/2008
- wanj I'm a Fan of wanj 7 fans permalink

I love Joe Biden... I really do! Now, I hope he can stay on message. He's too passionate sometimes.. Look at Joey in '88!

http://www.politico.com/blogs/jonathanmartin/0908/Biden_The_gift_that_has_kept_on_giving.html#comments

    Favorite    Flag as abusive Posted 09:29 PM on 09/23/2008

Any idea who that was Joe was talking to? Was it Norquist?

    Favorite    Flag as abusive Posted 09:58 PM on 09/23/2008
- arthur2008 I'm a Fan of arthur2008 5 fans permalink

It turns out that George W. Bush spoke the truth (for once in his life) when he told us, "I'm a uniter, not a divider."

The final audacious act of his always-audacious political career is the extortionate demand that taxpayers hand over the keys to the vault to the president's profoundly corrupt cronies.

With that request, however, he has finally united Americans of all parties and persuasions -- in vehement opposition of his grotesque contempt for eveything American.

    Favorite    Flag as abusive Posted 09:27 PM on 09/23/2008
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