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Biden: Because of Bush Administration and Wall Street ‘People Died' and ‘Homes Burned’
CNSNews ^

Posted on 10/19/2011 5:05:53 PM PDT by Sub-Driver

Biden: Because of Bush Administration and Wall Street ‘People Died' and ‘Homes Burned’ By Elizabeth Harrington October 19, 2011 Subscribe to Elizabeth Harrington's posts

(CNSNews.com) - Vice President Joe Biden said Wednesday that “people died” and “people’s homes burned to the ground,” because the Bush administration allowed “God-awful Ponzi schemes” on Wall Street.

Speaking at a rally to promote a piecemeal provision of President Obama’s jobs proposal, Biden told police and firefighters that the budget shortfalls of state and local governments were not attributable to state and local governments.

“Those of you know it’s not really the fault of your mayor or your government,” the vice president said. “Some are more sympathetic than others, but the bottom line is they don’t have the money because of this God-awful mess we got put in.

“In many cities the result has been--and it’s not unique--murder rates are up, robberies are up, rapes are up. And folks, there’s a simple reason for that. It’s been a perfect storm out there from the God-awful Ponzi schemes that the last outfit allowed Wall Street to engage in, resulted in this gigantic collapse of the financial industry.”

(Excerpt) Read more at cnsnews.com ...


TOPICS: Front Page News; News/Current Events; Politics/Elections
KEYWORDS: biden; hyperbole; leftwingnuts
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To: BobP

When the shooting starts, I hope people recall who did everything they could to provoke it. But I doubt it. Instead, and in all present likelihood, they’ll probably vote to re-elect these clowns.


61 posted on 10/20/2011 6:51:12 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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62 posted on 10/20/2011 9:23:07 AM PDT by RedMDer (Forward With Confidence!)
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