Tuesday, September 30, 2008

That, My Friend, Is Policy We Can Agree About

I previously said that increasing the FDIC limits is probably a good idea, so I'm glad the presidential candidates have finally gotten behind the Eschaton Plan.

RENO, Nev. – As they worked to make the government bailout plan more palatable, Senators John McCain and Barack Obama on Tuesday both proposed raising the federal insurance limit to $250,000 in an effort to help small businesses and restore public confidence in the American financial system.