Obama on Biden’s Initial Opposition to AIG Bailout: ‘Joe Should Have Waited’

By Julia Hoppock

Sep 23, 2008 9:41am

"What has been clear during this entire past ten days is John McCain has not had clarity and a grasp on the situation," Sen. Barack Obama, D-Ill., told NBC’s Matt Lauer in an interview that ran this morning.

Lauer was talking about how Obama hit Sen. McCain, R-Ariz., for flip-flopping on the AIG bailout — saying he opposed it one day then announced he supported it the next day.

But, as Lauer pointed out, scarcely three minutes after McCain said he opposed the AIG bailout last week, "in an interview with Meredith Vieira, Joe Biden, your running mate was asked the exact same question: ‘should the federal government bail out AIG?’ And he said, ‘No, the federal government should not bail out AIG.’" (As we noted at the time.) "And I think that, in that situation," Obama said, "I think Joe should have waited, as well."

"But it’s the kind of thing that drives people crazy about politics," Lauer said. "It sounds like you were trying to score some political points against John McCain using his words, when your own running mate had used very similar words."

"No, hold on a second Matt," Obama said. "I think what drives people crazy about politics is the fact that somebody like John McCain who, for 26 years, has been an advocate for deregulation, for 26 years has said the market is king and then starts going out there suggesting somehow that he’s a populist who’s been railing against Wall Street and regulation — that’s what drives people crazy about politics."

– jpt

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus