Saturday, October 18, 2008

Biden Tired of Palin's "Politics of Division"

Posted by Ryan Corsaro

From CBS News' Ryan Corsaro:

(MESILLA, N.M.) - Joe Biden says he’s tired of the type of politics of division he heard in Sarah Palin’s comments last night, when she told a North Carolina fundraiser that she liked to visit “pro-American parts of the country.”

“It's disappointing, and I hope it's a slip of the tongue and she doesn't mean it, but she said it. It was reported she said that she likes to visit, quote, pro-American parts of the country,” said Biden, leading into a lengthy dissection of the remarks.

“Ladies and gentlemen, I, like your senator and governor, have been all over this great land. I've never been to a state, I've never been to a state that hasn't sent its sons and daughters to serve and die for this country. Right here in New Mexico right now, there are 1,400 Mexican sons and daughters -- New Mexican sons and daughters deployed in Afghanistan and Iraq. Thirty-six of them have already given their lives for this country.”

“Folks, it doesn't matter where you live, we all love this country. And I hope it gets through. We all love this country. Folks, one of the reasons why Barack and I are running is that we know how damaging the politics of division that continues to be practiced by the McCain, how damaging this policy of division has been. It's time to put this behind us.”

“Folks, it is not a corny thing. It's real. We are one nation, under God, indivisible. We are all patriotic. We all love our country in every part of this country. And I'm tired. I am tired, tired, tired, tired of the implications about patriotism.”

“Folks, that's the reason why Barack and I are running. We are absolutely, totally, thoroughly confident that we can get through these difficult times and like every generation before us be better for it.”

Palin responded today to questions about her remark, telling reporters, “Every area, every area across this great country where we’re stopping and where also the other ticket is stopping and getting to speak at these rallies and speak with the good Americans, it’s all pro-America.”

“I was just reinforcing the fact that there, where I was, there’s good patriotic people there in these rallies, so excited about positive change and reform of government that’s coming that they are so appreciative of hearing our message, hearing our plan. Not, not any one area of America is more pro-America patriotically than others,” said Palin.

Biden not only went after Palin this afternoon, but also had the crowd laughing at Joe Wurzelbacher, now known famously as “Joe the Plumber” after being mentioned 26 times in the final debate between John McCain and Barack Obama.

“We’re going to start with real meaningful tax cuts. I promise you, if you're unlike Joe the Plumber…be nice if he got a license,” said Biden to cheers from the crowd.

“But, Joe the Plumber -- I know you got a lot of plumbers out here making over 250,000 grand,” he said to supporters. “Raise your hands, please.”

At that point, a young man raised his hand, which appeared to be in jest.

“There's a man,” said Biden. “Go borrow money from him, the guy in the green shirt. He makes more than two-fifty. He looks like he's only 18 years old…which means he earned it the hard way. He inherited it.”

McCain spokesperson Ben Porritt fired off an email to press members at the comments, saying “Joe the Senator continued his angry campaign today fresh from his performance attacking Joe the Plumber on national television last night.”

“While Barack Obama attacks small town Americans for 'clinging' to guns and religion, his running mate is busy attacking hardworking Americans who oppose the socialist tax policies of Barack Obama. If anyone is paying attention to Barack Obama’s running mate they will see a serial exaggerator whose only job is to conceal Barack Obama's profound lack of experience, record, and judgment,” wrote Porritt, who titled his email “Biden Irrelevance Tour Continues”.

Biden speaks in Henderson, Nevada tonight as he continues a weekend sweep of West Coast states, including California and Washington.

Original here

Bush urges patience over economy

President George Bush says the US rescue plan needs time to work

US President George W Bush has called on worried Americans to trust in the government's series of interventions to fight the crisis in the banking system.

Global stock markets have behaved erratically despite a multi-billion dollar rescue deal to restore calm.

Mr Bush defended his decisions saying credit markets took "a while to freeze up" and would take a while to "thaw".

He spoke as figures released in the US suggested that the construction of new homes was at its lowest in 17 years.

According to the US commerce department, the building of new homes fell by more than 6% last month and was at its lowest level since the recession of 1991.

I would oppose such measures under ordinary circumstances but these are not ordinary circumstances
George W Bush

The BBC's David Willis in New York says the figures are significant, not least because housing - particularly losses stemming from mortgage defaults - lies at the heart of the current economic crisis.

News of the fall in house construction, when coupled with falling consumer spending and reports of rising job losses, is also seen as further evidence that the world's largest economy may well be heading for recession, our correspondent says.

Cash injections

In a further attempt to restore confidence to business, President Bush made a major speech at the US Chamber of Commerce headquarters in Washington.

Mr Bush, a free marketeer by instinct, defended his level of government intervention saying if he had not acted the hole in the financial system would have grown larger.

A sign advertises a bank repossessed home for sale (file photo)
Losses stemming from mortgage defaults are at the heart of the crisis
"I would oppose such measures under ordinary circumstances," he said, "but these are not ordinary circumstances."

He said that the American people could "be confident" that the measures were "big enough and bold enough to work".

The Treasury has said it wants to implement its $700bn financial bail-out plan quickly.

It has also announced plans to inject $250bn into many of the nation's banks, including JP Morgan Chase, Goldman Sachs and the Bank of New York Mellon Corp.

The president also spoke of the co-ordinated effort with Europe in tackling the global economic crisis, saying: "We're determined to overcome this challenge together."

Mr Bush will meet his French counterpart Nicolas Sarkozy and the European Commission chief, Jose Manual Barroso, at Camp David in Maryland this weekend.

Their talks are intended to pave the way for a global summit on overhauling the financial system.

In other developments:

  • European shares indexes fluctuated between small losses and gains of more than 3%, as traders took heart from the gains on Wall Street on Thursday
  • Credit rating agency Fitch downgraded Hungary's outlook from "stable" to "negative" as it considers that the global financial crisis has increased the country's credit risk
  • Oil prices rose above $72 a barrel on expectations that Opec would decide to cut production at its upcoming meeting
  • German bank shares were helped by news that the German parliament had passed a 500bn euro ($672bn; £389bn) bank rescue package
Original here