San Jose, CA — Democratic Party Vice Presidential candidate and incumbent Vice President of the United States, Joe Biden had gotten himself into hot water when he made a remark against the Romney-Ryan ticket’s plan of getting rid of the Dodd-Frank Wall Street Reform and Consumer Protection Act A.K.A. Wall Street Regulations Act. According to the VP, the GOP’s move would put the people “back in chains.” But fret not, Obama comes to the rescue of his running mate by defending him.
VP Joe Biden faced intense criticisms for his remark that even former 2008 Republican Vice Presidential Candidate, Sarah Palin who is a Fox news contributor, suggested that Obama dump his ticket partner and opt for Hillary Clinton instead. According to Palin, Biden’s remarks “really drags down that ticket.”
She further added, “If that’s not the nail in the coffin, really, the strategists there in the Obama campaign have got to look at a diplomatic way of replacing Joe Biden on the ticket with Hillary.” “And I don’t want to throw out that suggestion and have them actually accept the suggestion because then an Obama-Hillary Clinton ticket would have a darn good chance of winning,” this is according to the woman who has taken the route of appearing on reality shows(example: “Bristol Palin: Life’s a Tripp”).
But never to be daunted by the words of a Democrat, the Big O gave an interview to “Entertainment Tonight” and brushed off Palin’s comments. Strangely though, why an entertainment/showbiz gossip show and not a credible news program?
During the interview the Chief Executive stated,”We don’t spend a lot of time worrying about the chatter and the noise and this and that. The country is divided with gaffes or some stray remarks as Washington is. Most folks know that’s just sort of a WWF wrestling part of politics. It doesn’t mean anything, just fills up a lot of air time.”
Joe Biden made the controversial speech when he was campaigning in Danville, Virginia and with a multitude of African Americans in the crowd who are descendants of African slaves. He boldly addressed the crowd by stating that deregulating financial institutions or unchaining wall street would put them all back in chains, in short, trying to remind them of their slave history. Biden’s intention may have been metaphorical but it is still political demagoguery, stirring up emotions and controversies.
But never to be upstaged, Mitt Romney fired back during his 5-state bus tour campaign. “His campaign and his surrogates have made wild and reckless accusations that disgrace the office of the presidency.”
“Another outrageous charge came a few hours ago in Virginia. And the White House sinks a little bit lower. This is what an angry and desperate president looks like, ” he stated in front of thousands.
He further added, “So, Mr. President, take your campaign of division and anger and hate back to Chicago.” Touche!
Going back to unchaining Wall Street, the Dodd-Frank Wall Street Reform and Consumer Protection Act became a federal law in 2010. It was a response after the bailouts and was deemed to impose financial regulations on financial institutions to protect taxpayers and stop the banking/credit industry’s abuse on consumers when tacking on fees. The GOP party wants to repeal this act and cut on other things instead like Medicare.
With the way that the election campaigns are going, it is like an episode of looney tunes where Bugs Bunny makes his speech, “I speak softly but I carry a big stick.” Then Yosemite Sam fires back, “Well, I speak loud and I carry a bigger stick and I use it too.”
In the end, it is all about the bickering and the real issues that need to be addressed like social security, fiscal spending, jobs creation, taxes, and insurance are forgotten and set aside. And all the Americans have are looney politicians.