The bailout and those who support it ARE CORNERING Main Street citizens with their own agenda commonly known as "covering your rear ends"!!! NO WAY, NO HOW, NO BAILOUT!!!

It's also a good idea for small businesses, which was really what Obama emphasized in proposing this. Remember that small businesses employ people, pay taxes, help to grow the economy. It's in everybody's best interest that we should support them. This is an excellent idea.

Posted by: Cara V. | Sep 30, 2008 7:53:53 AM
----------------------------------------

Obama can care less about small buissness His tax proposals attack us and will damage our survivial

I wonder about those of you who think having over $100k means a small business or an individual is rich. I'm wondering if you are just young and at the beginning of your work life, or haven't started it yet? It's not all that much, particularly if it has been accumulated over years and years.

That is an idiot suggestion - Nobama should fire the person who loaded that statement into his teleprompter.

The suggestion is a good one,but it is not going to solve the problem at hand.
It is kinda like having your hand cut off and some propsing how to save your leg

wow reddog -- you really don't understand this issue. This isn't a tax proposal. Do you even understand how these things work?

Yes I do my comment is in regard to you saying about him helping small buissness which I happen to own one and what I am saying is he can care less about us small buissness owners .The proof of that is his tax proposals

Almost everyone above me on this comment thread is being ridiculous.

There is a quiet bank run going on right now for people who have over $100k in the bank. They're drawing down to that $100k level.

This promises to shut down even MORE banks, putting all of our money at risk.

Get an education before commenting on this website.

And by the way - I'm sure McCain will support this proposal as well...

And by the way - I'm sure McCain will support this proposal as well...

Posted by: Paul | Sep 30, 2008 8:12:16 AM
I am sure he will as well.I think we need to fix the bleeding first.

Well we can agree to disagree. I have had my own business since the late 80s. I've had 8 years too many of a party that believes in warmongering, trashing the environment, deregulating to the point of financial crisis, trashing our reputation in the world, and on and on and on. I'm looking at the big picture of who can bring real change and vitality to this country. You vote for your guy, I'll vote for mine.

Well done Obama. A good practical measure that could be taken immediately to stabilize the banks. I hope people will be able to go beyond partisanship and get behind this idea. It doesn't matter whose idea it was or who first proposed it. Any one who cares about this country should put country first and focus on what is going to help us now.

Where is Obama getting the money to raise the FDIC coverage? All Obama ideas are immature and without any thought of the future. The rate hike will cost you, the America taxpayer. There are no free rides.

After a thorough investigation, there is no doubt in backing and voting for
Ralph Nader.

http://www.votenader.org/about/

NO…. NO…. NO WAY Obama. McCain is on the back burner. Obama failed our investigation. McCain did somewhat better.

Waa...Waa...Waa...Nancy's being mean to me...so I'm going home....

"Where is Obama getting the money to raise the FDIC coverage? "

Posted by: Judge | Sep 30, 2008 8:23:42 AM

.............................................................................

Yet another person who doesn't understand how this works.

I'm looking at the big picture of who can bring real change and vitality to this country.
Posted by: Cara V. | Sep 30, 2008 8:15:46 AM

I think you mean talk about change he already has back pedaled on his platform .He cant raise taxes the way he wanted to he cant spend the way he wants to.I think if you do some digging on a little piece called the community reinvesment act you will see what caused this financial crisis that you speak of

Copy cat of Jim Cramer's! Cramer suggested FDIC raises to $1M or DOW Jones will drop 2,500 points. Now Obama PLAGIARIZES Cramer's suggestion with $250,000.

The Federal Deposit Insurance Corporation (FDIC) is a United States government corporation created by the Glass-Steagall Act of 1933. You do not get it. The funds come from taxpayers. The money does not grow on trees. The FDIC could go bust with financial crisis.

All Obama ideas are immature and without any thought of the future. The rate hike will cost you, the America taxpayer. There are no free rides.

After a thorough investigation, there is no doubt in backing and voting for
Ralph Nader.

http://www.votenader.org/about/

NO…. NO…. NO WAY Obama. McCain is on the back burner. Obama failed our investigation. McCain did somewhat better.

You don't honestly think that Jim Cramer was the first to suggest this, do you? The FDIC level is an ongoing debate and has been for years.

And even if Cramer were the only person on the planet who had ever expressed this idea, well good for Obama for promoting it. It's a good idea, bottom line. It's time for action, not silly cat fights about "plagiarism." How asinine.

Good suggestion? You've got to be kidding me! Obama continues to be an idiot. Not every American has $250,000 just laying around in a bank. We are just trying to stay afloat with our everyday expenses. Obama, do us ALL a favor and go back to Chicago. You are way too inexperienced to be playing in this election game!

Good suggestion? You've got to be kidding me! Obama continues to be an idiot. Not every American has $250,000 just laying around in a bank. We are just trying to stay afloat with our everyday expenses. Obama, do us ALL a favor and go back to Chicago. You are way too inexperienced to be playing in this election game!