Joe Biden, speaking at a campaign event in Virginia:
"Look at their budget, and what they are proposing," Biden said. "Romney wants to let--he said in the first hundred days, he's going to let the big banks once again write their own rules. Unchain Wall Street. They gonna put y'all back in chains."
Massachusetts Senate candidate Elizabeth Warren backed away from her statement that supporters of hers from Wall Street tell her she could "save capitalism." The Boston Herald reports on the Democratic candidate's walkback:
Is former Massachusetts governor Mitt Romney now the candidate of big finance and Wall Street? Several financial industry donors who gave to Barack Obama in 2008 have shifted their dollars to Romney, the Hill reports.
According to a review of fundraising data, 67 people who work in the financial sector and live in the New York City metro area gave to Obama in 2008 and the former Massachusetts governor in 2011.
This is a tale of two cities. Well, two streets, Wall Street and Main Street, with a stop on Pennsylvania Avenue along the way. On Wall Street all is cheery, if you don’t count the investment banks that are faced with rising costs, lower incomes, and the need to pare staffs. Investors have watched shares soar: the Dow Jones Industrial Average, the S&P index of 500 stocks and the Nasdaq are all well up on the year – by 9.3 percent, 6.8 percent and 7.8 percent, respectively, even after the sell-off that followed today’s jobs report.
The omens are everywhere. Iran is close to obtaining nuclear weapons. The eurozone is in crisis. The U.S. unemployment rate is near 10 percent. America’s social insurance programs threaten to bankrupt the country. And—most unusual—the Washington Nationals are above .500.