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"Banks Should Be Doing Things More Like Banks. You Want To Be A Hedge Fund, Be A Hedge Fund, But Don't Be A Banking Hedge Fund." (video)
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Biden On The Bailout: 'Socialism For The Rich And Capitalism For The Poor' (VIDEO)
The Huffington Post | Full News Feed — In an interview with Jon Stewart on Comedy Central's The Daily Show Tuesday evening, Vice President Joe Biden acknowledged the anger and frustration many taxpayers feel over the way financial institutions seem to have favored status in Washington D.C. Pointing to the hundreds of billions of government dollars that been spent to keep banks from failing, he recalled a "great expression" of his grandfather, Ambrose Finnegan: "It's socialism for the rich and capitalism for the poor," Biden said. But he defended his administration's decisions to rescue Wall Street institutions from the brink of failure. "Because if we ...

Biden On The Bailout: 'Socialism For The Rich And Capitalism For The Poor' (VIDEO)
Politics on HuffingtonPost.com — In an interview with Jon Stewart on Comedy Central's The Daily Show Tuesday evening, Vice President Joe Biden acknowledged the anger and frustration many taxpayers feel over the way financial institutions seem to have favored status in Washington D.C. Pointing to the hundreds of billions of government dollars that been spent to keep banks from failing, he recalled a "great expression" of his grandfather, Ambrose Finnegan: "It's socialism for the rich and capitalism for the poor," Biden said. But he defended his administration's decisions to rescue Wall Street institutions from the brink of failure. "Because if we ...

Videos- VP Joe Biden on The Daily Show
The Political Carnival — The Daily Show With Jon Stewart Mon - Thurs 11p / 10c Joe Biden Pt. 1 www.thedailyshow.com Daily Show Full Episodes Political Humor Health Care ...

Related: biden on the bailout 'socialism for the rich and capitalism for the poor'
Quote of the DayTaegan Goddard's Political Wire
"It's socialism for the rich and capitalism for the poor." -- Vice President Joe Biden, talking to Jon Stewart , about the banking industry bailout.