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Biden Calls Those Opposed to FinReg to Squealing Pigs”

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    FBN’s David Asman on the comments made by the Vice President and how regulations are impacting the economy.

  • Duration 4:32
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So race rolls toward November Mitt Romney and President Obama continue to launch their campaigns at least launch attacks in each other.

Now there's a controversy surrounding Romney's latest blasted Obama's welfare policy and then we always have something to talk about when it comes to vice president Joseph Biden.

Fox Business is David Asman is with us right now David out.

Only does the -- -- -- -- just keeps on -- -- you're journalists interest didn't what people say you want the most controversial things to talk about squealing sliding just -- those who were opposed to financial rigs squealing pigs is he said over the objections were they.

Refer to Republicans and presumably all those were against some of the financial -- including most of Wall Street.

Over the objections of Mitt Romney and all his allies we pass some of the toughest Wall Street regulations in history.

And Biden mister Barton said Vice President Biden says that in fact.

Those people are squealing -- Now there yet you don't have to be a squealing pig to object to some of the over regulation that is come down the pike from Wall Street from.

Inside the beltway I mean there's been tons of that whether you're talking about.

From the EPA or the financial regs of Dodd-Frank bill there'll -- of people frankly a lot of whom could have been President Obama supporters back in 2008.

Who pulled it away from President Obama Joseph Biden because of comments like this again.

You get back to this -- type of commentary that is as a real departure from traditional democratic policies -- say Bill Clinton.

I would in terms of the -- financial regulation issues does that really resonate with voters.

I wondered rhetoric does when it -- when you start using rhetoric like squealing pigs I -- and that's frankly that's Fidel Castro kind of rhetoric that's what Fidel Castro calls capitalist rotors you know squealing pigs.

I mean this is not forbidden from read about I'm sensitive to it because the -- -- looking around there -- What do you look colon and all -- up the crew is -- getting anything lots.

That's -- first they not all of -- and I are thought the first thing I thought about were all the socialist critics of capitalism that use expressions like this when referring to capitalists -- setting up.

A society in which there are a few rich capitalists and then that the -- -- proletariat and that's.

That's the idea that comes in the -- little orwellian an animal farm it is simply it is safe.

Tell me that make that -- meanwhile you have the president and and for and by Jim Vice President Biden continuing to say that it's Romney that is extremist for suggesting it.

That and he's going to that the president is is trying to -- some of the workfare policies.

Of the welfare reform that we did back in the ninety's with a democratic president and a Republican congress.

When in fact there's a lot of evidence that indeed.

This country has gone pretty wild on on welfare is -- results.

Of what president Obama's -- -- having now we're having advertisements -- food since in my lifetime.

I don't remember advertisements saying.

Talking extolling the virtues -- going on food -- And as the size of the food stamp program is up 70% and the last five years and that there were -- qualifications.

Were relaxed.

-- the issue of course on this this -- charges whether or not.

The president asking for waivers for certain states.

Vis a vis the workfare program -- you would force eligible people welfare recipients who were capable of doing work to do the work there are certain waivers certain states are asking for waivers.

The president saying that's an unjust charge some people in the media are also saying it's an -- charged.

But the entire that in fact is what the president did back in July he did ask for these waivers for the states.

He is doubling down tripling down quadruple leaned down and all the welfare programs.

That the United States has been doing whether it's.

Whether it's for food stamps or anything else so I -- it's it's a reasonable charge and again departure from the traditional democratic I was FDR.

Franklin Delano Roosevelt the guy were invented Social Security.

Who said we have to be very careful about becoming too dependent on welfare that welfare becomes a narcotic.

If it's administered to heavily into regularly and it.

-- -- argue that was all entitlements that once that once people get it you'll never veiled attack while we clearly ought to cut we're not hearing any of that -- from the president right now we're not hearing any of that talk from the vice president right now we have heard it from President Clinton we better from FDR we were hearing it from.

JFK it just shows again how far from the mainstream.

This particular administration has strayed David great saint -- as well checking out every day or PM eastern time but.