Comments on: Obama suggests expanding FDIC coverage to save bailout plan http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/ All politics, all the time Tue, 22 Dec 2009 17:13:05 +0000 http://wordpress.com/ hourly 1 By: demwit http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826319 demwit Tue, 30 Sep 2008 13:47:27 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826319 So taxpayers are now going to bail out rich people with $250,000 in cash laying around in various bank accounts!? But.., but I thought rich people where going to give me money? Even thought I don't pay any taxes.. So taxpayers are now going to bail out rich people with $250,000 in cash laying around in various bank accounts!? But.., but I thought rich people where going to give me money? Even thought I don't pay any taxes..

]]> By: joe http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826310 joe Tue, 30 Sep 2008 13:46:24 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826310 The problem is with teh financial institutions that hold the now valueless mortgage backed securities. Raising the depositor insurance levels won't fix this problem, it doesn't even address teh problem. Are any of you Obamaniacs even listening ot what's going on? The problem is with teh financial institutions that hold the now valueless mortgage backed securities. Raising the depositor insurance levels won't fix this problem, it doesn't even address teh problem. Are any of you Obamaniacs even listening ot what's going on?

]]> By: Not being fooled http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826291 Not being fooled Tue, 30 Sep 2008 13:45:20 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826291 Obama's idea is a step in the right direction expanding the amount banks will insure would help a great deal. Once again Obama has had remained calm in the face of a crisis and out forth solid ideas to help alleviate our nations economic crisis. Once again John McCain has done nothing but finger point, jump from one side to the other, depending on what position is popular at that moment and act like an utter fool. The more I see John McCain the more I like Barak Obama. Obama's idea is a step in the right direction expanding the amount banks will insure would help a great deal.

Once again Obama has had remained calm in the face of a crisis and out forth solid ideas to help alleviate our nations economic crisis.

Once again John McCain has done nothing but finger point, jump from one side to the other, depending on what position is popular at that moment and act like an utter fool.

The more I see John McCain the more I like Barak Obama.

]]> By: Gayle http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826285 Gayle Tue, 30 Sep 2008 13:44:57 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826285 Yeah, where's that old maverick? I know, I know! The Geezer's off coaching the Gidget. OBAMA/BIDEN '08 Yeah, where's that old maverick? I know, I know! The Geezer's off coaching the Gidget.

OBAMA/BIDEN '08

]]> By: Mark http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826281 Mark Tue, 30 Sep 2008 13:44:40 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826281 Raising the limit to $250 is a stretch across the aisle to the Repubs to get those 12 extra votes. You're right, most "average" people don't have to worry about saving over $100K, but the repub's constituents often do. That's called leadership. I think it's a decent comprimise. You get more people willing to "invest" in banks (through saving), which would strengthen thier lending power, which would free up more money for small businesses, home-car-student loans, etc. Not a bad idea in my novice finacial opinion. I think it's better than recinding the bancruptcy provision for individuals, which may open the panic floodgates right now in these tense times. Save that battle for healthier times. Raising the limit to $250 is a stretch across the aisle to the Repubs to get those 12 extra votes. You're right, most "average" people don't have to worry about saving over $100K, but the repub's constituents often do. That's called leadership.

I think it's a decent comprimise. You get more people willing to "invest" in banks (through saving), which would strengthen thier lending power, which would free up more money for small businesses, home-car-student loans, etc.

Not a bad idea in my novice finacial opinion. I think it's better than recinding the bancruptcy provision for individuals, which may open the panic floodgates right now in these tense times. Save that battle for healthier times.

]]> By: JusLaugh http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826267 JusLaugh Tue, 30 Sep 2008 13:43:05 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826267 Obama is the only one of them all that is making sense at this point. He seems to be the only person looking out for us regular people, that's for sure. This deal would have been done and 1.2 trillion dollars would have been saved if McCain didn't ride into Washington and screw it all up. I swear he remids me more and more of Bush every day. Obama is the only one of them all that is making sense at this point. He seems to be the only person looking out for us regular people, that's for sure.

This deal would have been done and 1.2 trillion dollars would have been saved if McCain didn't ride into Washington and screw it all up. I swear he remids me more and more of Bush every day.

]]> By: therealist http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826250 therealist Tue, 30 Sep 2008 13:41:48 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826250 This is no new idea of change.. This is no new idea of change..

]]> By: Mccain is a Out of Touch Liar http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826248 Mccain is a Out of Touch Liar Tue, 30 Sep 2008 13:41:38 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826248 Obama is always coming up with Ideas while Mccain and Republicans steal His ideas and try to take credit as they thought of it! Obama is ahead of his time he is right on most Positions even sarah Palin admitted we should strike Terrorist if we know they are in Pakistan Obama is always coming up with Ideas while Mccain and Republicans steal His ideas and try to take credit as they thought of it! Obama is ahead of his time he is right on most Positions even sarah Palin admitted we should strike Terrorist if we know they are in Pakistan

]]> By: James Byrd http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826246 James Byrd Tue, 30 Sep 2008 13:41:18 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826246 To the misinformed...one of the reasons for raising the limits on deposit insurance is to protect small businesses! As a married couple, John and Jane Doe may not have $250,000 in the bank. But as owners of a small business, they could very well have that. And then how about talking to the ordinary citizens who had more than $100,000 in Indy Mack. As what they think about the raising the insured deposits! Obama-Biden!!! To the misinformed...one of the reasons for raising the limits on deposit insurance is to protect small businesses! As a married couple, John and Jane Doe may not have $250,000 in the bank. But as owners of a small business, they could very well have that. And then how about talking to the ordinary citizens who had more than $100,000 in Indy Mack. As what they think about the raising the insured deposits! Obama-Biden!!!

]]> By: How FDIC works http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826245 How FDIC works Tue, 30 Sep 2008 13:41:17 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826245 FDIC insurance is not paid for out of taxes. Banks pay it as a small percentage of the deposits they hold. That's why their rates are sometimes lower than non-FDIC-insured holdings. So, no tax increase here, maybe just a slightly lower rate of interest on your savings. But I guess the facts don't really make for good political fodder, so it is easier to just cry foul from the abyss of ignorance. FDIC insurance is not paid for out of taxes. Banks pay it as a small percentage of the deposits they hold. That's why their rates are sometimes lower than non-FDIC-insured holdings. So, no tax increase here, maybe just a slightly lower rate of interest on your savings. But I guess the facts don't really make for good political fodder, so it is easier to just cry foul from the abyss of ignorance.

]]> By: MARYANN Oswego IL http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826241 MARYANN Oswego IL Tue, 30 Sep 2008 13:41:08 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826241 I agree with Dan ....Hillary Clinton should have been the nominee...she has been working with DEMS+REPS all of her political life...Can we recall Obama....Having a Clinton as our POTUS during this ECONOMIC FIASCO is what most AMERICANS want...we know the job will get done with everyone giving up some luxury...Give it up OBAMA ..sacrifIce your nomination for the good of the country........Bill+Hillary will get our nation back on track...... I agree with Dan ....Hillary Clinton should have been the nominee...she has been working with DEMS+REPS all of her political life...Can we recall Obama....Having a Clinton as our POTUS during this ECONOMIC FIASCO is what most AMERICANS want...we know the job will get done with everyone giving up some luxury...Give it up OBAMA ..sacrifIce your nomination for the good of the country........Bill+Hillary will get our nation back on track......

]]> By: voice of an ZIMBABWEAN http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826242 voice of an ZIMBABWEAN Tue, 30 Sep 2008 13:41:08 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826242 obama is a true mavrick...thats what America needs. obama is a true mavrick...thats what America needs.

]]> By: Pat in Florida http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826233 Pat in Florida Tue, 30 Sep 2008 13:40:40 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826233 Increasing FDIC insurance was proposed by several financial analysts yesterday on TV prior to Obama. I saw it personally. This wasn't Obama's idea although he is presenting it as such. Obama is a follower, not a leader. Increasing FDIC insurance was proposed by several financial analysts yesterday on TV prior to Obama. I saw it personally. This wasn't Obama's idea although he is presenting it as such. Obama is a follower, not a leader.

]]> By: Jim http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826232 Jim Tue, 30 Sep 2008 13:40:39 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826232 This helps no one but the rich. If there is anyone who has more than $100K in an account they can already put the excess in another bank. This helps no one but the rich. If there is anyone who has more than $100K in an account they can already put the excess in another bank.

]]> By: Micheal shoemac http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826221 Micheal shoemac Tue, 30 Sep 2008 13:40:08 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826221 Obama Obama hes our man if he cant do it No one can (and of course with the help of God!) Obama/Biden Obama Obama hes our man if he cant do it No one can

(and of course with the help of God!)

Obama/Biden

]]> By: Caucasians for Obama http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826198 Caucasians for Obama Tue, 30 Sep 2008 13:37:54 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826198 Sweetie - You are delusional. OBAMA will win by a landslide. See you in January Mr. President. By the way, Obama plans on raising taxes on 5% of Americans, how is he going to do this.... take the cap off of FICA which is currently at around 96,500. Those making more thn this will pay taxes on their entire salary, Gee what a smart idea! Obama change you can believe in. Sweetie –
You are delusional. OBAMA will win by a landslide.

See you in January Mr. President.

By the way, Obama plans on raising taxes on 5% of Americans, how is he going to do this.... take the cap off of FICA which is currently at around 96,500. Those making more thn this will pay taxes on their entire salary, Gee what a smart idea!

Obama change you can believe in.

]]> By: Stacy from Loudoun County, VA http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826197 Stacy from Loudoun County, VA Tue, 30 Sep 2008 13:37:51 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826197 Obama could sit on a hot stove and sweat ice water this man's so cool under pressure. Give'em Barack, you got my vote! Obama could sit on a hot stove and sweat ice water this man's so cool under pressure. Give'em Barack, you got my vote!

]]> By: WI Senior http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826194 WI Senior Tue, 30 Sep 2008 13:37:15 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826194 Jim Cramer on his Mad Money show presented the idea of raising the FDIC deposit limit from its current $100,000 to something higher on Friday, September 26, prior to either Obama or McCain announcing the same thing. This would allow the "somewhat" wealthy to feel comfortable leaving their deposits in their banks and the banks could use these deposits to lend money. While this doesn't fix all of the bad loans already in existence, it would allow credit to flow and the average person would benefit. I thought at the time this was a great idea and I'm happy both Obama and McCain are giving it publicity! Jim Cramer on his Mad Money show presented the idea of raising the FDIC deposit limit from its current $100,000 to something higher on Friday, September 26, prior to either Obama or McCain announcing the same thing. This would allow the "somewhat" wealthy to feel comfortable leaving their deposits in their banks and the banks could use these deposits to lend money. While this doesn't fix all of the bad loans already in existence, it would allow credit to flow and the average person would benefit. I thought at the time this was a great idea and I'm happy both Obama and McCain are giving it publicity!

]]> By: Thanks but no thanks McCain http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826190 Thanks but no thanks McCain Tue, 30 Sep 2008 13:37:01 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826190 The only thing McCain has left is to rip Obama... His political ideology certainly isn't going to get him into the White House... For those of you who still don't get it.. the bailout isn't what any politician wanted to have to deal with but the reality is that the market is crashing and something surely needs to be done before this country goes into a depression... I do agree however that the 21/2 oage plan from President Bush was feable but the bipartisan congress worked long and hard and made major changes to it... Now with Obama's proposal the people on Main street will get more help... The bailout even without his proposal would have a trickle down effect anyway so it would have helped the people on main street as well however adding this additional provision would inject more help for the home market!!! We need this bailout. We're all angry at the fact that it got so out of control that now the government must act but we are where we are and we have to take it from here! Obama for President1 The only thing McCain has left is to rip Obama... His political ideology certainly isn't going to get him into the White House...

For those of you who still don't get it.. the bailout isn't what any politician wanted to have to deal with but the reality is that the market is crashing and something surely needs to be done before this country goes into a depression... I do agree however that the 21/2 oage plan from President Bush was feable but the bipartisan congress worked long and hard and made major changes to it... Now with Obama's proposal the people on Main street will get more help...

The bailout even without his proposal would have a trickle down effect anyway so it would have helped the people on main street as well however adding this additional provision would inject more help for the home market!!!

We need this bailout. We're all angry at the fact that it got so out of control that now the government must act but we are where we are and we have to take it from here!

Obama for President1

]]> By: tlc http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826186 tlc Tue, 30 Sep 2008 13:36:51 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826186 HA HA HA so he wants to raise FDIC to cover up to his definition of rich $250K. This is NOT LEADERSHIP. This throwing out a dumb idead that helps almost no one. If you have more that $100,000 in a checking or saving account than either you are very rich, or you've put all your eggs in one basket and need to spread the money across different banks so that no account is more than the limit. That is just good management regardless of what the limit is. Don't be duped here to think this will help the economy. This is a lame attempt to show that he is coming up with something different than the expensive spending plan he has been pandering since he couldn't during the debates. HA HA HA so he wants to raise FDIC to cover up to his definition of rich $250K. This is NOT LEADERSHIP. This throwing out a dumb idead that helps almost no one. If you have more that $100,000 in a checking or saving account than either you are very rich, or you've put all your eggs in one basket and need to spread the money across different banks so that no account is more than the limit. That is just good management regardless of what the limit is.

Don't be duped here to think this will help the economy. This is a lame attempt to show that he is coming up with something different than the expensive spending plan he has been pandering since he couldn't during the debates.

]]> By: Founding Fathers http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826180 Founding Fathers Tue, 30 Sep 2008 13:36:13 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826180 Hey Barack, does the term HUGH GOVERNMENT, sound like SOCIALISUM, thats your plan? Fact, founding fathers wanted Americans tobe FREE, not free ride. You talk alot and really just say I am a great self promoter, but not a true leader. My opinion is we split the pie i.e., a Repuk, President and a Demo Congress and either they work together on the art of Compromise, or We the People vote their sorry butts out of office period end of story. 2012 ;-) Hey Barack, does the term HUGH GOVERNMENT, sound like SOCIALISUM, thats your plan? Fact, founding fathers wanted Americans tobe FREE, not free ride. You talk alot and really just say I am a great self promoter, but not a true leader. My opinion is we split the pie i.e., a Repuk, President and a Demo Congress and either they work together on the art of Compromise, or We the People vote their sorry butts out of office period end of story.

2012 ;-)

]]> By: Theresa Jones, Mesa, Arizona http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826179 Theresa Jones, Mesa, Arizona Tue, 30 Sep 2008 13:36:11 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826179 There he goes again. Preaching change and promising more of the same. There he goes again. Preaching change and promising more of the same.

]]> By: ANGIE http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826178 ANGIE Tue, 30 Sep 2008 13:36:08 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826178 Well sounds good at least obama has Ideas wheres the old maverick oh thats right hes too busy blaming obama for this mess and protecting his vp from the mean media or hes trying to catch up to obama mccain is a joke! Well sounds good at least obama has Ideas wheres the old maverick oh thats right hes too busy blaming obama for this mess and protecting his vp from the mean media or hes trying to catch up to obama mccain is a joke!

]]> By: no need to know http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826165 no need to know Tue, 30 Sep 2008 13:35:11 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826165 Obama is smart and shadows of McCain in all subjects and aspects and has the confidence to agree with McCain when McCain says something true and right. This news station and others should be admonished for how you are always shouting what you want to publicize as faults of Obama but propergate McCain and nothing about all the wrong he has committed. CNN is the worst next to Fox. Obama is smart and shadows of McCain in all subjects and aspects and has the confidence to agree with McCain when McCain says something true and right. This news station and others should be admonished for how you are always shouting what you want to publicize as faults of Obama but propergate McCain and nothing about all the wrong he has committed. CNN is the worst next to Fox.

]]> By: Belle2 http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826159 Belle2 Tue, 30 Sep 2008 13:34:51 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826159 And what will that cost? And what will that cost?

]]> By: Belle2 http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826153 Belle2 Tue, 30 Sep 2008 13:34:11 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826153 I believe it is the Democrats who are playing politics with this issue. Pelosi knew her speech would have a negative effect. Obama and his campaign insisted that McCain stay out of Washington (Obama didn't think of going to Washington first). Obama, McCain, and Biden need to do their day job, go back to Washington and find a way to solve the problem. I believe it is the Democrats who are playing politics with this issue. Pelosi knew her speech would have a negative effect. Obama and his campaign insisted that McCain stay out of Washington (Obama didn't think of going to Washington first). Obama, McCain, and Biden need to do their day job, go back to Washington and find a way to solve the problem.

]]> By: jone from malaysia http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826152 jone from malaysia Tue, 30 Sep 2008 13:34:04 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826152 obama tie maCcin to bush,dont waste time. obama 2008. obama tie maCcin to bush,dont waste time.
obama 2008.

]]> By: Xavier, Saint Louis, Missouri http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826149 Xavier, Saint Louis, Missouri Tue, 30 Sep 2008 13:33:44 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826149 This is a good idea if the babies in Washington can stop fighting and pointing fingers at each other. Everybody knows that whoever is in charge is responsible for what is going on at the time. The GOP don't want to take the blame, but it is clear that Bush has been president for the last eight years and during those last eight years, America's economy has gone from bad to worst. The rich has gotten richer and the rest of us has gotten screwed; without any lubrication! END THE DRAMA, VOTE OBAMA! This is a good idea if the babies in Washington can stop fighting and pointing fingers at each other. Everybody knows that whoever is in charge is responsible for what is going on at the time. The GOP don't want to take the blame, but it is clear that Bush has been president for the last eight years and during those last eight years, America's economy has gone from bad to worst. The rich has gotten richer and the rest of us has gotten screwed; without any lubrication!

END THE DRAMA, VOTE OBAMA!

]]> By: rd in huntsville http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826145 rd in huntsville Tue, 30 Sep 2008 13:33:35 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826145 First good idea I have heard coming from Obama. they need to raise it to $250,000 been $100,000 for years. Only thing that bothers me is Fannie Mae & Freddie mac is a big part of the problem and Obama was the 2nd largest receipent of funds from the lobbist of both these agency's. Sounds like they need to invesigate to see if he helped get us in this mess. First good idea I have heard coming from Obama. they need to raise it to $250,000 been $100,000 for years. Only thing that bothers me is Fannie Mae & Freddie mac is a big part of the problem and Obama was the 2nd largest receipent of funds from the lobbist of both these agency's. Sounds like they need to invesigate to see if he helped get us in this mess.

]]> By: D Va. http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826143 D Va. Tue, 30 Sep 2008 13:33:30 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826143 This shows that Obama is at least searching for some answer to save the country from going into recession/depression.....There is no easy solution that is perfect, however, something has to be done to at least try and correct a horrible situation in America. I would rather see the greedy Wall Street and Washington mis-representatives have to go it alone but that will not come close to helping Main Street. The McCain/Palin ticket is frightening. Let's be real, what if Palin had to take over as President? CRISIS or possibly worse. OBAMA/BIDEN 08 This shows that Obama is at least searching for some answer to save the country from going into recession/depression.....There is no easy solution that is perfect, however, something has to be done to at least try and correct a horrible situation in America. I would rather see the greedy Wall Street and Washington mis-representatives have to go it alone but that will not come close to helping Main Street.

The McCain/Palin ticket is frightening. Let's be real, what if Palin had to take over as President? CRISIS or possibly worse.

OBAMA/BIDEN 08

]]> By: Belle2 http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826139 Belle2 Tue, 30 Sep 2008 13:33:15 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826139 This life-long Democrat believes it is the Democrats who are playing politics with this issue. Pelosi knew her speech would have a negative effect. Obama and his campaign insisted that McCain stay out of Washington (Obama didn't think of going to Washington first). Obama, McCain, and Biden need to do their day job, go back to Washington and find a way to solve the problem. This life-long Democrat believes it is the Democrats who are playing politics with this issue. Pelosi knew her speech would have a negative effect. Obama and his campaign insisted that McCain stay out of Washington (Obama didn't think of going to Washington first). Obama, McCain, and Biden need to do their day job, go back to Washington and find a way to solve the problem.

]]> By: Brian http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826138 Brian Tue, 30 Sep 2008 13:33:09 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826138 OMG! OBAMA HAS MORE WAYS TO SPEND OUR MONEY THAN NANCY PELOSI! WHAT A LEADER? WHAT A MAN? WHAT AN ELITIST OUT OF TOUCH JERK! McCain/Palin 2008 OMG!
OBAMA HAS MORE WAYS TO SPEND OUR MONEY THAN NANCY PELOSI!
WHAT A LEADER?
WHAT A MAN?
WHAT AN ELITIST OUT OF TOUCH JERK!

McCain/Palin 2008

]]> By: ANNETTE http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826137 ANNETTE Tue, 30 Sep 2008 13:33:05 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826137 no bailout no bailout no bail out bail the rich out so they can travel abroard send their kids to college send their kids to private school in europe or private school here who careS about the rich getting richeR while we become poorer.NO THANKS NO THANKS MY CHILDREN NEED THEIR EDUCATION TOO. KEEP THE RICH WITH THEIR MONEY WHILE OUR CHILDREN CAN'T EVEN GET A LOAN TO PAY BACK IN THIRTY YEARS. NO THANKS SOMEONE CALLED BUSH AND TOLD HIM HIS FAMILY FORTUNE WAS GOING DOWN THE DRAIN THAT'S WHEN HE REALIZE WE NEED A BAILOUT. FOR HIS KIDS AND GRANDCHILDREN FUTURE. WHAT ABOUT THE POOR MANS FUTURE NO BAIL OUT NO BAILOUT no bailout no bailout no bail out bail the rich out so they can travel abroard send their kids to college send their kids to private school in europe or private school here who careS about the rich getting richeR while we become poorer.NO THANKS NO THANKS MY CHILDREN NEED THEIR EDUCATION TOO. KEEP THE RICH WITH THEIR MONEY WHILE OUR CHILDREN CAN'T EVEN GET A LOAN TO PAY BACK IN THIRTY YEARS. NO THANKS SOMEONE CALLED BUSH AND TOLD HIM HIS FAMILY FORTUNE WAS GOING DOWN THE DRAIN THAT'S WHEN HE REALIZE WE NEED A BAILOUT. FOR HIS KIDS AND GRANDCHILDREN FUTURE. WHAT ABOUT THE POOR MANS FUTURE NO BAIL OUT NO BAILOUT

]]> By: The guy behind the guy http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826136 The guy behind the guy Tue, 30 Sep 2008 13:33:04 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826136 Even if you personally do not have 250K in the bank, this will be a major help to small business owners. It will give them increased confidence in their savings/business, leading them to at the least maintain their business at the current level and hopefully growing. At the same time they will not feel the need to cut the jobs because of their uncertain savings. Even if you personally do not have 250K in the bank, this will be a major help to small business owners. It will give them increased confidence in their savings/business, leading them to at the least maintain their business at the current level and hopefully growing.

At the same time they will not feel the need to cut the jobs because of their uncertain savings.

]]> By: Rev Wright http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826134 Rev Wright Tue, 30 Sep 2008 13:32:52 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826134 Now thats a leader.......Says stay calm, does nothing and side steps the problem. You sheep are pathetic paid bloggers......News Flash Obama used the bathroom. Obama Sheep 'Now thats Presidential who else could use the bathroom in such a crisis" Now thats a leader.......Says stay calm, does nothing and side steps the problem. You sheep are pathetic paid bloggers......News Flash Obama used the bathroom. Obama Sheep 'Now thats Presidential who else could use the bathroom in such a crisis"

]]> By: Lorna, NY http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826133 Lorna, NY Tue, 30 Sep 2008 13:32:44 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826133 To people who don't know how raising the FDIC limit from $100,000 to $250,000 would help them. It helps small business since not many individual have $250,000 in the bank. Small business is the heart of main street. It is a great idea from our next president. Now McCain is jumping on Barak's bandwagon. McCain does not have any original ideas, he steals from Obama. What a loser. To people who don't know how raising the FDIC limit from $100,000 to $250,000 would help them. It helps small business since not many individual have $250,000 in the bank. Small business is the heart of main street. It is a great idea from our next president. Now McCain is jumping on Barak's bandwagon. McCain does not have any original ideas, he steals from Obama. What a loser.

]]> By: Bulldog http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826132 Bulldog Tue, 30 Sep 2008 13:32:25 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826132 Thank you President Obama......we need someone right now who is cool and calm and not creating uneeded anxiety. Watch McCain handle this makes people want to pull all their money out their accounts and hide it under their mattress. McCain is a HORRIBLE leader while Obama is doing exactly what a President should be doing, stay calm and get things done. Thank you President Obama......we need someone right now who is cool and calm and not creating uneeded anxiety. Watch McCain handle this makes people want to pull all their money out their accounts and hide it under their mattress. McCain is a HORRIBLE leader while Obama is doing exactly what a President should be doing, stay calm and get things done.

]]> By: Rural AZ Democrat http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826130 Rural AZ Democrat Tue, 30 Sep 2008 13:32:21 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826130 I live 10 miles from a latte' and I can't haul my animals' hay or feed in a Prius, but I can still sense when NEITHER of these candidates has the real pulse of the economic situation. A large holder of bundled mortgages either failing or writing DOWN the value of their investment would be good discipline, not financial catastrophe. And YES, a large holder might be YOUR 401K or your employer's pension fund. Why not ask the manager/s or your union leaders why they felt they had to "juice" up yields on portfolios by putting YOUR money in this stuff. Sorry, YOU gave them that discretion. Take it back, but don't reach into my pocket...its no fuller than yours. I live 10 miles from a latte' and I can't haul my animals' hay or feed in a Prius, but I can still sense when NEITHER of these candidates has the real pulse of the economic situation. A large holder of bundled mortgages either failing or writing DOWN the value of their investment would be good discipline, not financial catastrophe.

And YES, a large holder might be YOUR 401K or your employer's pension fund. Why not ask the manager/s or your union leaders why they felt they had to "juice" up yields on portfolios by putting YOUR money in this stuff. Sorry, YOU gave them that discretion. Take it back, but don't reach into my pocket...its no fuller than yours.

]]> By: jules http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826127 jules Tue, 30 Sep 2008 13:31:58 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826127 Obama at his best - let's give more away. Where do you guys think all his giveaways is coming from? We don't deserve anything to be handed to us on his silver platter. We need to get over this "gimme" attitude and start anew. Americans are not special. Our government (which, seems many of you have forgotten - is me and you) does not owe us. We need to grow up and get over ourselves. Obama thinks he can promise the moon and the stars, and dreams are fantastic, but let's be real here. That's what grown-ups do, face reality. It ain't gonna happen! If you overextended yourself that's too bad. If we will live in dire conditions for a while that's ok. We will get through it. Obama at his best – let's give more away. Where do you guys think all his giveaways is coming from? We don't deserve anything to be handed to us on his silver platter. We need to get over this "gimme" attitude and start anew. Americans are not special. Our government (which, seems many of you have forgotten – is me and you) does not owe us. We need to grow up and get over ourselves. Obama thinks he can promise the moon and the stars, and dreams are fantastic, but let's be real here. That's what grown-ups do, face reality. It ain't gonna happen! If you overextended yourself that's too bad. If we will live in dire conditions for a while that's ok. We will get through it.

]]> By: no more bs http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826125 no more bs Tue, 30 Sep 2008 13:31:50 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826125 Individual accounts are already insured to $100, 000. If you have more than $100, 000 just put it in different account. This is an example of more words that mean absolutely nothing. No more bs.. please Individual accounts are already insured to $100, 000. If you have more than $100, 000 just put it in different account. This is an example of more words that mean absolutely nothing. No more bs.. please

]]> By: Angela http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826123 Angela Tue, 30 Sep 2008 13:31:44 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826123 This is funny, I believe I heard the Dem's nemosis Karl Rove explaine doing this last night but not so loosley as Senator Obama has. This is off subject but has been pointed out quite a few times. Why is it that Senator Obama has none of the common respect that Senator McCain does? When listening to these candidates please pay attention to the fact that Senator Obama does not even address Senator McCain as a senator, yet Senator McCain always has the respect to address Senator Obama as senator? I find this arrogant and lack of respect for position. Wether you agree with someone or not they have earned the right to be addressed correctly. This is funny, I believe I heard the Dem's nemosis Karl Rove explaine doing this last night but not so loosley as Senator Obama has. This is off subject but has been pointed out quite a few times. Why is it that Senator Obama has none of the common respect that Senator McCain does? When listening to these candidates please pay attention to the fact that Senator Obama does not even address Senator McCain as a senator, yet Senator McCain always has the respect to address Senator Obama as senator? I find this arrogant and lack of respect for position. Wether you agree with someone or not they have earned the right to be addressed correctly.

]]> By: Sick of McCain in NC http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826124 Sick of McCain in NC Tue, 30 Sep 2008 13:31:44 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826124 McCain ONCE AGAIN is stealing Obama's ideas. I am really starting to not like this man on a personal level. McCain ONCE AGAIN is stealing Obama's ideas. I am really starting to not like this man on a personal level.

]]> By: Maggie from Virginia http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826122 Maggie from Virginia Tue, 30 Sep 2008 13:31:43 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826122 Sweetie, You sound like a child. Cut off your nose to spite your face mentallity Sweetie,

You sound like a child. Cut off your nose to spite your face mentallity

]]> By: Zen http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826117 Zen Tue, 30 Sep 2008 13:31:26 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826117 This does help you even if you don't $250k in the bank. If you've got $1000 in the bank and let's face it, you nor I are the ones keeping the doors open--the raised limit helps calm the nerves of those who do keep it open, those that have a lot of money. If they don't make a run on the bank in the midst of this panick then the bank stands a much better chance of not failing. This does help you even if you don't $250k in the bank. If you've got $1000 in the bank and let's face it, you nor I are the ones keeping the doors open–the raised limit helps calm the nerves of those who do keep it open, those that have a lot of money. If they don't make a run on the bank in the midst of this panick then the bank stands a much better chance of not failing.

]]> By: Bob http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826116 Bob Tue, 30 Sep 2008 13:31:25 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826116 It's about time we have a candidate with such innovate ideas that it make the opposition party jump on the bandwagon and agree like it was their idea in the first place. Now if we can only get the rest of Washington to go along.....Obama is the candidate we need in November It's about time we have a candidate with such innovate ideas that it make the opposition party jump on the bandwagon and agree like it was their idea in the first place. Now if we can only get the rest of Washington to go along.....Obama is the candidate we need in November

]]> By: ruth http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826115 ruth Tue, 30 Sep 2008 13:31:24 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826115 Go Senator Obama!! You have shown leadership, love of Country and a calmness that we all we need in a leader in times of turmoil!! Your truth is now upholding lots of people and you'll be rewarded on Nov. 4th. People can see through the truth and who can LEAD!! Go Senator Obama!! You have shown leadership, love of Country and a calmness that we all we need in a leader in times of turmoil!! Your truth is now upholding lots of people and you'll be rewarded on Nov. 4th. People can see through the truth and who can LEAD!!

]]> By: carl http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826111 carl Tue, 30 Sep 2008 13:31:09 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826111 That is funny I heard my republican congressman Steve Latourette propose the very same thing last night on a local radio station. Maybe Obama didn't come up with the idea. Sounds like he stole it from republicans in the house. That is funny I heard my republican congressman Steve Latourette propose the very same thing last night on a local radio station. Maybe Obama didn't come up with the idea. Sounds like he stole it from republicans in the house.

]]> By: Baze http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826110 Baze Tue, 30 Sep 2008 13:31:07 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826110 I love this guys, full of strategies and ideas. Obama for President McCain for Czar ONE NATION I love this guys, full of strategies and ideas.

Obama for President
McCain for Czar

ONE NATION

]]> By: sherri http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826107 sherri Tue, 30 Sep 2008 13:30:48 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826107 mccain should step down from the race along with palin there is no way he could win. He has erratic behavior which we all can clearly see, his vp has no experience, his judgement is erratic, has no ideas and steals them from obama, tells stories about his military days and pow days who cares. what are you going to do for me mccain nothing. you are a disgrace to america and the republican party mccain should step down from the race along with palin there is no way he could win. He has erratic behavior which we all can clearly see,
his vp has no experience, his judgement is erratic, has no ideas and steals them from obama, tells stories about his military days and pow days who cares. what are you going to do for me mccain nothing.

you are a disgrace to america and the republican party

]]> By: Michael http://politicalticker.blogs.cnn.com/2008/09/30/obama-suggests-expanding-fdic-coverage-to-save-bailout-plan/#comment-1826105 Michael Tue, 30 Sep 2008 13:30:43 +0000 http://cnnpoliticalticker.wordpress.com/?p=21442#comment-1826105 What needs to happen is an education on the funding limitation inside of FDIC. Most people do not understand how much of their money is protected. Trust me I work for a financial institution and we are constantly educating our members. Read your FDIC insured funds brochures. Take this grave opportunity to educate yourself so that you can be more informed. What needs to happen is an education on the funding limitation inside of FDIC. Most people do not understand how much of their money is protected. Trust me I work for a financial institution and we are constantly educating our members. Read your FDIC insured funds brochures. Take this grave opportunity to educate yourself so that you can be more informed.

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