Biden on FDR’s management of the 1929 crash; Update: Biden video added

posted at 1:25 pm on September 23, 2008 by Ed Morrissey

Joe Biden continued his one-man Gaffemaster routine last night while being interviewed by Katie Couric at CBS. He attempted to discuss real leadership in the face of financial catastrophe, and reached back to the brilliant example of FDR and his televised speeches during the 1929 stock-market crash. Biden demonstrated the same expert grasp on history as he has on Barack Obama’s policies in this election:

Joe Biden’s denunciation of his own campaign’s ad to Katie Couric got so much attention last night that another odd note in the interview slipped by.

He was speaking about the role of the White House in a financial crisis.

“When the stock market crashed, Franklin Roosevelt got on the television and didn’t just talk about the princes of greed,” Biden told Couric. “He said, ‘Look, here’s what happened.’”

How ignorant is this statement? Let me count the ways:

  1. Franklin Roosevelt didn’t become president in 1929 during the crash.  He won the 1932 election and took office in 1933, largely because of the 1929 crash and the incompetent protectionist policies that transformed it into a Great Depression.
  2. If FDR and President Herbert Hoover didn’t talk about the “princes of greed” in 1929, by the time FDR took over, that kind of populist rhetoric had certainly taken root.  FDR greatly escalated the scope of federal government to institute the kind of redistributionism that Obama and Biden now champion.
  3. If Hoover or FDR appeared on television in 1929 or even 1933, only a few hundred people would have seen it.  Television was still an experimental medium and wouldn’t be introduced to the public for at least another decade.

FDR started off his long stretch as President with a series of thirty speeches on the radio called “fireside chats” that lasted from 1933-44.  He used that to connect on a personal level with ordinary Americans in a manner never before attempted (or even possible).  These informal addresses helped float his immense popularity through very troubled times.  But it is also incorrect to say that FDR was totally averse to using populism for his purposes, as he did in his conclusion of Fireside Chat #6, when he warned against “that definition of Liberty under which for many years a free people were being gradually regimented into the service of the privileged few.”  Not coincidentally, that speech came on the eve of his first midterm elections in 1934, and it’s generally considered an attack on the business sector for not supporting his reforms.

At any rate, it looks like Biden learned his history from Faber College:


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Yeah, he on fire!

Nyog_of_the_Bog on September 23, 2008 at 1:26 PM

Keep ‘em coming Joey. After Nov. maybe a gig in Vegas.

mred on September 23, 2008 at 1:28 PM

do these tools understand that it was because of FDRs policies that the country sank into a deeper depression in 1938?!? it was WW2 that rescued the American economy.

are these liberals implicitly saying they want a third world war??

bloghooligan on September 23, 2008 at 1:28 PM

waiting for the networks to trumpet this gaffe all over the place for the next 2 days ..

/wait? it was greasy joe and not saracuda? oh, never mind then …

//sigh

Buckaroo on September 23, 2008 at 1:28 PM

Untrue. FDR’s television speech in 1929 soothed everyone in all 57 states.

All thanks to the Large Hadron Collider.

rbj on September 23, 2008 at 1:29 PM

Joe Biden: Because every ticket needs an old white guy

thedudesblog on September 23, 2008 at 1:29 PM

“The Villlllllllllaaaaaaaaagggggggggggeeeeeeees. America’s friendliest home townnnnnnnnnnn……”

Chuck Schick on September 23, 2008 at 1:29 PM

Reason’s Jesse Walker’s response:

And if you owned an experimental TV set in 1929, you would have seen him. And you would have said to yourself, “Who is that guy? What happened to President Hoover?”

thedudesblog on September 23, 2008 at 1:30 PM

Naah – if Biden went to Faber College, he clearly was in the frat with Niedermayer.

Mr. D on September 23, 2008 at 1:30 PM

I missed it. I was watching the Worlds Fair in Queens.

lorien1973 on September 23, 2008 at 1:31 PM

I swear I try to find his speeches anymore just to see what else he screws up, he has given me great lol moment’s the past few days.

tee866 on September 23, 2008 at 1:31 PM

Hey Biden,you got two hands,see if you can find your ass.

/didn’t think so.

Obama needs to slow this guy down. I don’t want to see him under the bus until Nov. 5.

x-wing on September 23, 2008 at 1:31 PM

Chuck Schick on September 23, 2008 at 1:29 PM

?

Slublog on September 23, 2008 at 1:32 PM

Yeah, he on fire!

Nyog_of_the_Bog on September 23, 2008 at 1:26 PM

He smoke the Obama dope.

infidel4life on September 23, 2008 at 1:32 PM

Chuck Schick on September 23, 2008 at 1:29 PM

FUNNY!!!!

BUT, I remember it, just like Biden told it. Like I always said, many times, I was there.
Even tho I’m in my 40′s, I know he’s correct….er, well…
….maybe he should have waited.

shooter on September 23, 2008 at 1:32 PM

I am having a hard time trying to figure out the Obama camps strategy on these Biden gaffes. They can not be incidental…or can they?

How do these gaffes expidite Biden’s exit from the race?

Nelsa on September 23, 2008 at 1:33 PM

Untrue. FDR’s television speech in 1929 soothed everyone in all 57 states.

All thanks to the Large Hadron Collider.

rbj on September 23, 2008 at 1:29 PM

Everyone was worried it was going to disintegrate the world or something.

Instead we just have the timeline scrambled.

Paging the Doctor….

*eats*

Grue in the Attic on September 23, 2008 at 1:33 PM

“The Villlllllllllaaaaaaaaagggggggggggeeeeeeees. America’s friendliest home townnnnnnnnnnn……”

Chuck Schick on September 23, 2008 at 1:29 PM

I got huge laugh out of that! I see that commercial just about every day–come to think, I’ll look for Biden the next time I watch it.

m064404 on September 23, 2008 at 1:34 PM

“Mr. D on September 23, 2008 at 1:30 PM”

now that right there is funny!

Buckaroo on September 23, 2008 at 1:34 PM

How dare you be mean to Biden. Everybody knows he makes a lot of gaffes and generally talks out his hiney-hole, that’s why he’s qualified to be VP.

What’ll you neocon bullies come up with next? Holding ol’ Greasy Joe to Palin standards or something?

Gilda on September 23, 2008 at 1:34 PM

Chuck Schick on September 23, 2008 at 1:29 PM
?
Slublog on September 23, 2008 at 1:32 PM
———-

This is what he’s saying

http://www.youtube.com/watch?v=NmRXH7RkCZQ

x-wing on September 23, 2008 at 1:34 PM

At my count, Sarah gets 15 freebies before the MSM can utter a word.

shooter on September 23, 2008 at 1:34 PM

I think this was covered in 5th grade social studies. My guess was Joe was a little tardy.

( I don’t feel tardy )

DeweyWins on September 23, 2008 at 1:34 PM

The beauty of this statement is that it came directly after he said

Part of what a leader does to instill confidence is demonstrate that he or she knows what they’re talking about.

CookeyD on September 23, 2008 at 1:34 PM

The gift that keeps on giving.

thmcbb on September 23, 2008 at 1:35 PM

Can anyone even imagine the media meltdown we would be seeing today if Sarah Palin had made that comment?

I would honestly be tickled if the McCain campaign would make this into an ad, even just a Web ad.

rockmom on September 23, 2008 at 1:35 PM

Chuck Schick on September 23, 2008 at 1:29 PM

LMAO!

infidel4life on September 23, 2008 at 1:36 PM

So … FDR gave his speeches on kinetically operated analog TV narrowcasts at the Chicago World Fair, and the at the Olympics in Nuremberg?

While he was not yet elected President? Did he share the camera with Hitler?

How psychic of him.

Kristopher on September 23, 2008 at 1:36 PM

And the Democrats are worried about McCain’s age and mental acuity?

GarandFan on September 23, 2008 at 1:36 PM

x-wing on September 23, 2008 at 1:34 PM

Thanks. That’s great.

Slublog on September 23, 2008 at 1:36 PM

“Nelsa on September 23, 2008 at 1:33 PM”

they DON’T — joe is NOT going anywhere — he’s simply a MORON — thats why he FAILED in ’88, why he FAILED in any brief run for prez since then, and why he’ll FAIL as a veep candidate — he’s a loudmouth, stupid law-yuh that, for reasons completely inexplictable to me, the people of delaware keep sending back to dc …

Buckaroo on September 23, 2008 at 1:37 PM

Gasbag! Mmwwhahahaha! Maybe this is a right wing conspiracy. That wasn’t really “Joe” at all. It was a doppelganger! Soon, very soon, the REAL Joe will pop out of the woodwork & save the day by showering us all with govt $$$$$$$$$$$!!!!

Badger40 on September 23, 2008 at 1:37 PM

The Villlllllllllaaaaaaaaagggggggggggeeeeeeees. America’s friendliest home townnnnnnnnnnn……”

Chuck Schick on September 23, 2008 at 1:29 PM

That pops into my head every time I see, hear or read about Joe Biden. And I laugh.

HawaiiLwyr on September 23, 2008 at 1:38 PM

This just has to be deliberate.

Terrye on September 23, 2008 at 1:38 PM

Maybe we should take a poll……………….?

Seven Percent Solution on September 23, 2008 at 1:39 PM

Biden being a jerk is nothing compared to Obama’s radicalism, racism, and lack of qualifications. How could someone not vote for Obama because of Biden?

JiangxiDad on September 23, 2008 at 1:40 PM

This is the guy BarryMichelle brought on board for his experience and expertise. Every day he makes that decision look even more stupid.

a capella on September 23, 2008 at 1:40 PM

Keep in mind that he’s got a higher IQ than you. Ask him; He’ll tell you.

Did you know he’s from Scranton?

amerpundit on September 23, 2008 at 1:40 PM

Hey, doesn’t anyone remember how FDR broadcast redistributionism to all 57 Islamic states?

Western_Civ on September 23, 2008 at 1:41 PM

How could someone not vote for Obama because of Biden?

JiangxiDad on September 23, 2008 at 1:40 PM

The same way that they could not vote for McCain because of Palin. This guy is one heartbeat away, right?

amerpundit on September 23, 2008 at 1:41 PM

No doubt color TV.

Somebody needs to apologize to Dan Quayle. And Sarah’cuda didn’t know the Bush Doctrine?

This is beyond “gaffe.” He simply makes up stuff as he talks. A fiction writer wouldn’t (shouldn’t) make this kind of mistake.

davidk on September 23, 2008 at 1:42 PM

this isn’t the depression i thought i knew?

or maybe

This isn’t the depression you were looking for.

or maybe

1929…1933. Good enough for government work!

lorien1973 on September 23, 2008 at 1:42 PM

Since Alaska was just a territory then, where are these States Obamessiah keeps talking about. Hell does Biden even know anything about the history of our Nation?

Whoa.. LOL, the smartest man in the world is suppose to KNOW something… I rest his case!

upinak on September 23, 2008 at 1:43 PM

JiangxiDad on September 23, 2008 at 1:40 PM

It should help some fence straddlers make up their minds about Barry’s decision making ability.

a capella on September 23, 2008 at 1:43 PM

amerpundit on September 23, 2008 at 1:40 PM

Isn’t that next to Virginia?

lorien1973 on September 23, 2008 at 1:43 PM

Watch this one… Obama “McCain Running for George Bush’s 4th Term”

He needs to take more Math classes, or maybe start counting on his fingers?

http://www.youtube.com/watch?v=kmMQ_gLx-1s

Chakra Hammer on September 23, 2008 at 1:43 PM

And did Katie agree with him?

d1carter on September 23, 2008 at 1:43 PM

A fiction writer wouldn’t (shouldn’t) make this kind of mistake.

davidk on September 23, 2008 at 1:42 PM

Depends on your genre. ;)

*eats*

Grue in the Attic on September 23, 2008 at 1:43 PM

Thanks. That’s great.

Slublog on September 23, 2008 at 1:36 PM

Whenever Biden opens his mouth I think of that video. It actually makes me like him alot more. Reminds me of my uncles when they get too drunk at my cousins’ weddings.

Chuck Schick on September 23, 2008 at 1:44 PM

This isn’t the depression you were looking for.

I can roll with Wall Street = Mos Eisley.

*eats*

Grue in the Attic on September 23, 2008 at 1:45 PM

Not to pat myself on the back but I pointed some of this out on the original post.

RobCon on September 23, 2008 at 1:46 PM

A very small sample of Obama’s Grasp Of Geography..
(Lots more that easily, could be added to that)

http://www.youtube.com/watch?v=p9hZpJp7U3Y

Chakra Hammer on September 23, 2008 at 1:46 PM

Did they have flat-screen plasmas in 1929?

This guy is a joke.

I’m starting to believe those conspiracy theories now. He can’t be this stupid.

JammieWearingFool on September 23, 2008 at 1:46 PM

Depends on your genre. ;)

*eats*

Grue in the Attic on September 23, 2008 at 1:43 PM

I’m a male.

davidk on September 23, 2008 at 1:47 PM

“This just has to be deliberate.”

au contraire — THIS.IS.JOE!

anyone who pays attention to him knows this is how he rolls — “clean and articulate” “indians in 7-11″ etc. etc. there was a reason he wasn’t on shortlists until late august — we owe vladdie a big thankyou for invading georgia — it got us biden — and it will get vladdie a seat across the table soon with a former a-4 jockey who [correctly] looks and only sees k.g.b.
:-)

Buckaroo on September 23, 2008 at 1:47 PM

The media doesn’t play gotcha with Biden because, as has been noted elswhere, you’ve gotta be kind to the disabled.

TexasDan on September 23, 2008 at 1:48 PM

Time to send Uncle Joe to The Villages.

carbon_footprint on September 23, 2008 at 1:48 PM

No history must be wrong! I KNOW FOR A FACT that Joe Biden has a VERY HIGH IQ! Therefore he must not be considered wrong about anything.

petunia on September 23, 2008 at 1:48 PM

I can hear Biden saying,”Remember when I said that Hillary was probably a better choice than me….” Well, I now agree with my own analysis and I am stepping down for the Party…

Nelsa on September 23, 2008 at 1:49 PM

And he’s head of the foreign relations committee right? He’s more qualified as the banking committee chairman – if he can wrest it from Obama.

lorien1973 on September 23, 2008 at 1:50 PM

I think Biden is gonna disappear tomorrow

lodge on September 23, 2008 at 1:50 PM

Rush is launching a new program S.O.B. Save Our Biden? LOL

Nelsa on September 23, 2008 at 1:50 PM

Just words?

My collie says:

Maybe we should call it the “Biden doctrine”.

CyberCipher on September 23, 2008 at 1:51 PM

McCain needs to stop paying for slick video ads and instead buy some air time in some key states to play clips of Biden.

JudetheFossil on September 23, 2008 at 1:51 PM

And to think, Allah keeps worrying that Palin isn’t ready for prime time.

MarkTheGreat on September 23, 2008 at 1:51 PM

Depends on your genre. ;)
*eats*

Grue in the Attic on September 23, 2008 at 1:43 PM

I’m a male.

davidk on September 23, 2008 at 1:47 PM


DING DING DING! Post winner of the day!

petunia on September 23, 2008 at 1:52 PM

Rush is laughing about Biden right now and is having a hard time talking!

carbon_footprint on September 23, 2008 at 1:52 PM

Does anyone know if for the whole time he has been in Washington, that Joe has gone to some libraries, visited some museums, did some studying in US History on his own, that kind of thing?

I mean, this guy is supposed to be a Senator.

He is supposed to know stuff like this.

And he wants to be VP?

pilamaye on September 23, 2008 at 1:53 PM

And now he’s going off on the Biden’s Berretta thing from yesterday. Poor Rush can barely breathe!

*laughing too hard to eat*

Grue in the Attic on September 23, 2008 at 1:53 PM

Checkout the big brain on Joe.

ronsfi on September 23, 2008 at 1:53 PM

Historical trivia: Hoover appeared on television as Secretary of Commerce under Coolidge, via a phone link from Washington to New York. Of course, only a few hundred at most could have seen it.

That doesn’t lessen Hairplug’s ignorance, however.

And FDR regularly demonized the wealthy to cover for the failings of his recovery programs, as the persecutions of Sam Insull and Andrew Mellon showed.

irishspy on September 23, 2008 at 1:53 PM

Biden went to the Wilt Chamberlin school of fact checking

EricPWJohnson on September 23, 2008 at 1:53 PM

I freaking LOL when ever I see that picture with his two pointer fingers up and that grin. The image itself is comedy gold.

hawkdriver on September 23, 2008 at 1:54 PM

And did Katie agree with him?

d1carter on September 23, 2008 at 1:43 PM

Believe it zinged right over her head,..which should say something about her journalistic skills.

a capella on September 23, 2008 at 1:55 PM

“lodge on September 23, 2008 at 1:50 PM”

n
f
w

we get to enjoy this ride for 6 more weeks …

Buckaroo on September 23, 2008 at 1:55 PM

This was all inevitable. He’s been able to get away with this as the crazy uncle from Delaware but now it’s a different scene.

drjohn on September 23, 2008 at 1:56 PM

Depends on your genre. ;)
*eats*

Grue in the Attic on September 23, 2008 at 1:43 PM

I’m a male.

davidk on September 23, 2008 at 1:47 PM

DING DING DING! Post winner of the day!

petunia on September 23, 2008 at 1:52 PM

I concede, well done good sir.

*eats*

Grue in the Attic on September 23, 2008 at 1:57 PM

It’s not the gaffes so much as it is the mind numbing idiocy.

JimK on September 23, 2008 at 1:57 PM

Why does the press pretty much ignore this idiot
Sen. Blutarsky…I mean Biden?

Sefton on September 23, 2008 at 1:58 PM

It’s not the gaffes so much as it is the mind numbing idiocy.

JimK on September 23, 2008 at 1:57 PM

One thing leads to the other…. ;) Peas in a pod…

Nelsa on September 23, 2008 at 1:59 PM

Biden being a jerk is nothing compared to Obama’s radicalism, racism, and lack of qualifications. How could someone not vote for Obama because of Biden?

JiangxiDad on September 23, 2008 at 1:40 PM

Dang. I hate it when you’re right! Anyone voting for Obama couldn’t careless about facts.

But on the bright side…Biden could provide much needed humour to get through the Obama administration. People usally like people who make them laugh. So he’ll be very popular.

petunia on September 23, 2008 at 2:00 PM

Biten=lead paint victim.

saved on September 23, 2008 at 2:00 PM

“With his fireside chats broadcast to the entire nation, Franklin Delano Roosevelt (1933-1945) was considered to be a master of radio, the predominant broadcast media of his time. But few know that FDR appeared on television as well — the first president ever to do so. The occasion was the New York World’s Fair.

On the evening of April 30, 1939, FDR broadcast a short address to approximately 1,000 viewers then owning television sets. The New York Times reported that the signal was sent by RCA’s mobile TV van to a transmitter atop the Empire State Building and rebroadcast to the tiny television audience. The picture was ‘clear and steady,’ the newspaper added.”

From: Issues of Democracy, Oct. 2000.

AZCoyote on September 23, 2008 at 2:00 PM

What you’re all missing is that Bush is the one who’s supposed to be a stupid dumbass. After all, only a retard would mix up Slovakia and Slovenia.

I know a few older people who still won’t vote for a Republican because Hoover got us into the depression.

jbohanon on September 23, 2008 at 2:00 PM

Maybe this is the Democrats strategy, make Biden look like a dunce, have him say ignorant stuff daily, until the debates..

Maybe look for some sympathy. sheesh pathetic.

they are playing the victim on themselves.

Chakra Hammer on September 23, 2008 at 2:01 PM

Come on now… give Biden some slack here…

After all, if you have any basic intelligence at all its really hard to keep track of Obama’s Platform, because its hard to remember things that make no sense…

Romeo13 on September 23, 2008 at 2:02 PM

I think Biden is gonna disappear tomorrow

lodge on September 23, 2008 at 1:50 PM

Could be. I can see right through him already.

Sefton on September 23, 2008 at 2:02 PM

Comedy gold.

spmat on September 23, 2008 at 2:02 PM

I still think that he will be removed from the ticket before the election. It’s just too obvious that they are laughing that the American people even consider him a real anything.

bbz123 on September 23, 2008 at 2:02 PM

1. Franklin Roosevelt didn’t become president in 1929 during the crash. He won the 1932 election and took office in 1933, largely because of the 1929 crash and the incompetent protectionist policies that transformed it into a Great Depression.
2. If FDR and President Herbert Hoover didn’t talk about the “princes of greed” in 1929, by the time FDR took over, that kind of populist rhetoric had certainly taken root. FDR greatly escalated the scope of federal government to institute the kind of redistributionism that Obama and Biden now champion.
3. If Hoover or FDR appeared on television in 1929 or even 1933, only a few hundred people would have seen it. Television was still an experimental medium and wouldn’t be introduced to the public for at least another decade.

Yeah that’s problematic :)

Dr Evil on September 23, 2008 at 2:03 PM

FDR wouldn’t have gotten on TV even if it reached more than a few hundred people. He didn’t want people to know that he couldn’t walk, and he hid it well.

But during the 1929 stock market crash, to whom would people listen on the radio–President Hoover, or FDR, the Governor of New York?

By the way, when is Sarah Palin going to talk to Katie Couric and demonstrate her superior knowledge?

Steve Z on September 23, 2008 at 2:03 PM

Biden’s trying to get himself removed from the ticket. There is no other logical conclusion, unless, of course, joe is just plain stupid.

Skip all the polls, the new question should be the whether Biden stays until the debate with Palin. Given BO’s history and judgement, changing positions at every whim, in my view, Joe is done.

Bigger bus please.

swami on September 23, 2008 at 2:03 PM

Bwahahahahahahahaaaa!!!!

Stop! Stop! Stop! I can’t take it!

csdeven on September 23, 2008 at 2:03 PM

The most damaging aspect of this all is that Uncle Joe is now just a target for mockery, with audiences waiting for his next masterpiece. It completely undermines any semblance of gravitas in Obama’s campaign. They must have realized by now that Biden has turned it into Comedy Hour.

a capella on September 23, 2008 at 2:03 PM

Half of you are too clever by half. The other half are half as clever as square root of your own half.

TheUnrepentantGeek on September 23, 2008 at 2:04 PM

Minor nit, Ed:

The 1929 crash did not cause the Great Depression. The depression was caused by a massive and catastrophic shrinkage in the money supply. That shrinkage was the result of a run on the banks, followed by regulators’ forced increases in reserve requirements. Wealth literally disappeared overnight. The last straw was the Fed’s failure to serve as the “lender of last resort,” causing banks to fail. The rapid loss of liquidity and banks’ use of stocks as collateral then led to the stock market crash.

The Crash of ’29 was not the cause of the Great Depression, but rather a victim of its causes.

GulfCoastBamaFan on September 23, 2008 at 2:04 PM

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