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Author Topic: Biden slips, suggests fdr was president when market crashed  (Read 679 times)

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Offline TheSarge

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Biden slips, suggests fdr was president when market crashed
« on: September 23, 2008, 08:13:59 PM »
WASHINGTON — Vice presidential candidate Joe Biden says today’s leaders should take a lesson from the history books and follow fellow Democrat Franklin D. Roosevelt’s response to a financial crisis.

“When the stock market crashed, Franklin D. Roosevelt got on the television and didn’t just talk about the, you know, the princes of greed. He said, ‘Look, here’s what happened,”‘ Barack Obama’s running mate recently told the “CBS Evening News.”

Except, Republican Herbert Hoover was in office when the stock market crashed in October 1929. There also was no television at the time; TV wasn’t introduced to the public until a decade later, at the 1939 World’s Fair.

FDR was elected three years later when voters denied Hoover a second term. The Democratic challenger appealed to the “forgotten man” by promising a “new deal” to solve the Depression era.

http://elections.foxnews.com/2008/09/23/biden-slips-suggests-fdr-was-president-when-market-crashed/
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Offline Hawkgirl

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Re: Biden slips, suggests fdr was president when market crashed
« Reply #1 on: September 23, 2008, 08:38:08 PM »
 :old: 


oops. A retraction will be issued tomorrow....Obama campaign writing as we speak... :lmao:
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Offline Chris_

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Re: Biden slips, suggests fdr was president when market crashed
« Reply #2 on: September 23, 2008, 10:29:16 PM »
You'd think he'd know better.  Biden was there after all.   :fuelfire:
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Offline jinxmchue

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Re: Biden slips, suggests fdr was president when market crashed
« Reply #3 on: September 23, 2008, 10:48:57 PM »
Quote
Except, Republican Herbert Hoover was in office when the stock market crashed in October 1929. There also was no television at the time; TV wasn’t introduced to the public until a decade later, at the 1939 World’s Fair.

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Kind of puts the whole "potatoe" incident to shame, doesn't it?
« Last Edit: September 23, 2008, 10:52:37 PM by jinxmchue »
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