First he give in to gutting FISA, now this. Barack Obama, the only change is what's gonna be stolen from you to be given to the wealthy... He just lost my vote, I don't care what my friends and family say. I can't forgive a man who sells out the privacy of Americans and blows up the savings of the middle class and the poor to subsidize the bankers on Wall St. AFTER they have been exposed for criminal acts. Sorry Barack, you just lost me. 3rd party all the way.

Obama does what is politically expedient. He's all full of lectures now and last week wouldn't say boo about anything..but that's what he always does...put no stake in the ground and wait till it is all done and then try to pretend he was on the right side all the time.

Oh, and the funniest moment of the debate:
"uh, I have a bracelet too, it's from old what's his name" dang, can't remember that soldier's name...."

jamescbuilder, palin can see a bank from her office. she's virtually an economic expert.

Roger: get over it. if you are proud of america today you have issues, serious ones.

Why dont mccain let sara take over the economic situation like like that we are concerned with healthcare reform like we have to have job creation like like realing in spending lololol

THAT'S OBAMA'S WHOLE PLAN??????
well it didn't work when the limit was increased in 2006 for retirement accounts.

FDIC Insurance for Retirement Accounts Increased to $250,000
Higher coverage takes effect April 1; Basic insurance limit for other accounts stays at $100,000

FOR IMMEDIATE RELEASE
March 14, 2006 Media Contact:
David Barr (202) 898-6992
dbarr@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) Board of Directors today approved final rules that will raise the deposit insurance coverage on certain retirement accounts at a bank or savings institution to $250,000 from $100,000. The increase, the result of a new law boosting federal deposit insurance coverage for the first time in more than 25 years, will become effective on April 1. The basic insurance coverage for other deposit accounts, however, will remain at $100,000.

"The increase in deposit insurance coverage on certain retirement accounts is a significant change," said Martin J. Gruenberg, Acting Chairman of the FDIC. "The FDIC is committed to helping depositors understand clearly the change that has been made and how it will affect the deposit insurance coverage for which they are eligible."

Under the FDIC's new rules, up to $250,000 in deposit insurance will be provided for the money a consumer has in a variety of retirement accounts, primarily traditional and Roth IRAs (Individual Retirement Accounts), at one insured institution. Also included are self-directed Keogh accounts, "457 Plan" accounts for state government employees, and employer-sponsored "defined contribution plan" accounts that are self-directed, which are primarily 401(k) accounts. In general, self-directed means the consumer chooses how and where the money is deposited.

In addition, the IRAs and other retirement accounts that will be protected under the new rules to $250,000 are insured separately from other accounts at the same institution that will continue to be insured up to at least $100,000. To learn more about FDIC deposit insurance, see the resources listed later.

The new law also established a method by which the FDIC would consider an increase in the insurance limits on all deposit accounts (including retirement accounts) in the future, but only every five years starting in 2011. Any such increase would be based, in part, on inflation. Otherwise, accounts will continue to be insured as described above.

I read somewhere that electing Obama to handle this economic mess would be like hiring an arsonist to put out a fire. Kind of summed it all up for me.

I watched the entire speech which was one of Obama's best - ever. He is truly a leader - brilliant. He will be the next President of the United States.

This is a step in the right direction even if you don't like Obama, but the country is so polarized right now the spirit gets lost.

To the people that say Obama is lecturing and not doing anyting..what do you suggest he do? What can he do? What has he done that McCain hasnt done in terms of this bailout plan?

i dont get it.

SUPER PALIN TO THE RESCUE remember the economic situation according to sara palin is HEALTH CARE REFORM what a joke

KP: No, he said the soldiers name..they interviewed his mother, the one who gave him the band. She was so proud that he said her sons name during the debate. Her son died for all of us, in a war that is based on lies. She will hold that solid on the Bush administration.

beck, just like the last time that joke was posted. 85 billion divided by 200 million is 425 not 425,000.
This is why we are a democratic republic and not a pure democracy, the american people are not well educated enough or well informed enough to make good decisions.

BTW McCain, this is how you make a speech about not laying blame when your intent is to actually not lay blame. McCain, how about you suspend your campaign until Nov. 5th? Spare us the embarrassment of the debate on thursday.

the FDIC already raised the insurance on people's retirement money to $250,000 in 2006. It didn't stop anything. It only led to more bad loans to the ACORNS ond HOPES.

THIS BILL HAS INSUFFICIENT OVERSIGHT, CHECKS AND BALANCES, AND ACCOUNTABILITY.

ANSWER: ADD REAL CHECKS AND BALANCES, AND FULL ACCOUNTABILITY.

APPOINT A REPUBLICAN AND A DEMOCRAT MEMBER OF CONGRESS AS CO-SIGNERS ON ALL TTRANSACTIONS.

HAVE THE CO-SIGNERS SIT ON THE REVIEW BBOARD AND REPORT TO CONGRESS FOR TRANSPARENCY.

GIVE THE REVIEW BOARD THE POWER TO FREEZE THE PROGRAM IF IT IS NOT WORKING AAND TO SEND IT BACK TO CONGRESS FOR ADJUSTMENTS.

ALL MEMBERS ARE FULLY ACCOUNTABLE UNDER TTHE LAW.

WE HAVE NO TRUST SO WE MUST HAVE CHECKS AND BALANCES AND ACCOUNTABILITY.

I FEEL CERTAIN THE BILL WOULD PASS IF THESE MEASURES WERE IN PLACE.

geevil, it's not the whole plan. they put it out in digestible chunks for folks like yourself who can't see the big picture.

There is no question that Obama is much more presidential than McCain is ... in demeanor and action. The country is tired of all the gimmicks that the angry McCain pulls and want to get back to the serious business of electing a President who is intelligent, thoughtful, calm and well, presidential. The polls reflect the people's wishes ... Obama/Biden '08.

BIDEN pulls a "hillary" claims he was shot at in Iraq!!!! Media silent....Biden now backpedaling on remark.. anymonous news reporter from with in one network:::: "THE FIX IS IN ON THE ELECTION" MEDIA IS PROMOTING OBAMA. we need a justice department investigation into this!!! This is influencing an election

KP: No, he said the soldiers name

after going uh, uh, then reading the name off the bracelet!!!!!!!!

Obama has class.

The lunatic right-will shills are out in number today.