STERLING, Va. - Democratic vice presidential candidate Joe Biden said Friday that "ending the cowboy mentality of the Bush-McCain era" is part of the solution to the country's financial crisis.
"These guys have worshipped at the shrine of deregulation," Biden told about 1,000 supporters at a women's issues rally at a park in Loudoun County, a Virginia suburb of Washington that has been a key battleground in what is generally regarded as a swing state.
Biden jabbed at republican presidential candidate John McCain's response to the economic crisis, noting that until recently he had said the nation's economic fundamentals are sound.
"Something happened to John on the road to Damascus," Biden said.
Biden said there needs to be short-term, immediate intervention to "stanch the bleeding" in the financial markets and that in the long term, "we have to have a major, major overhaul of how the financial system works."
"There are all kinds of ideas Barack (Obama, the Democrats' presidential candidate) and I are putting together right now, but you can't do it haphazardly," said Biden. "Part of the solution is ending the cowboy mentality of the Bush-McCain era.".....
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