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the higher gasoline/oil prices get and the harder it becomes to be able to AFFORD to be an American, the angrier they become and the more they troll?

Poor babies. They can't focus their anger and rage at Bush because then they'd have to admit that they voted for an idiot, and, just like Bush, there's no way they can ever admit they're wrong. So they have to come here and attack us instead.

I think the more the Republican party falls apart, the more difficulty they have affording even the most basic of necessities, the more bitter, angry, hateful trolling is likely to be inflicted upon us.

The "drive-bys" are so incredibly in the tank with Baroma! The lovefest has been far more nauseating than it ever was with Clinton.

How sad it is that McCain (who frustrates the krud out of me often times) is supposed to "hide" the fact that he was tortuored by those who wanted to destroy us for five LONG years? The enemy has changed, but their hatred of America has only worsened.

It's very likely that if Baroma wins that he'll be the first to be tested (like W was on 9/11). It could also certainly happen to McCain, but it's quite safe to say how he'd handle another 9/11 type situation. Sadly,this should give everyone a jolt: "Karachi Kids."

the cartoon in the New York Post? Yeah, that's one of the papers owned by Rupert Murdoch -- the same guy that owns Fixed Noise.

CEO first. Obama, like most democrats, are all about unions. I do believe Obama still wants to give unions more control by getting rid of secret ballots, etc. The only reason Obama threw the UAW under the bus was because there was really no other option. Intelligent people know that UAW killed GM and we also know that Obama would stand behind them until there was no hope because so many democrats get campaign money from unions. He wouldn't stab them in the back unless he had no other choice. There is no just no other option for GM. They need to file bankruptcy and restructure things.

My father worked for GM for 30+ years as a salvage worker. He always said that the union did nothing but protect p!ss poor employees from getting fired. They paid all that money into union dues and they never got anything out of it. Unions are nothing but greed and corruption and all they do is push democratic rhetoric while using the money they receive to back democrats in their campaigns.

You ASSUME I am a republican? I am simply stating that I saw it on something and suddenly made that connection. Further reading online there are many others - dems and reps - that have made that same conclusion - it's weird.

Don't read anything else into it and it sounds to me like you think you know where I stand, but you don't know anything about me, so keep your "labels" to yourself. I could make a deduction about who you are voting for, but I won't ASSUME anything. After all, I don't know you.

I just think it's because the stocks were so low yesterday that it was a buyer's market.

Palin (and now her daughter) is actively seeking press coverage and has been ever since the election. In other words, she WANTS to be in the news. She obviously is campaigning for 2012, and that makes her a relevant story.

We've been through this time and time again. What part of this do you not understand?

My daughter is very conservative and we believe only left-wing nutcases get lip injections. There. Now it's political.

You know, it's a crying shame that your every day run of the mill bank robber has to be turned away because banks don't have the cash on hand to support him.
What has America come to?

FDIC�s Bair warns on bank deposit insurance fund

Associated Press

March 4, 2009, 12:35PM

WASHINGTON � The head of the Federal Deposit Insurance Corp. Has warned that the fund insuring Americans� bank deposits could be wiped out this year without the money the agency is seeking in new fees from U.S. Banks and thrifts.

FDIC Chairman Sheila Bair acknowledged, in a letter to bank CEOs, that the new increased fees and hefty emergency premium the agency voted to levy last week will bring a �significant expense� to banks, especially amid a recession and financial crisis when their earnings are under pressure.

�We also recognize that assessments reduce the funds that banks can lend in their communities to help revitalize the economy,� Bair wrote.

But given the accelerating bank failures that have been depleting the deposit insurance fund, she said, it �could become insolvent this year.�

�Without substantial amounts of additional assessment revenue in the near future, current projections indicate that the fund balance will approach zero or even become negative,� Bair wrote in the letter dated Monday to the chief executives of the nation�s 8,305 federally insured banks and thrifts.

The industry, especially smaller community banks, has said the new insurance fees will place an extra burden on an already struggling sector. A federal banking regulator said last week the new premiums will unfairly burden smaller banks that didn�t contribute to the financial crisis with reckless lending.

As loan defaults have soared, reflecting the ravages of rising unemployment and sliding home prices, bank failures have cascaded and sapped billions out of the fund that insures regular accounts up to $250,000. The fund now stands at its lowest level in nearly a quarter-century, $18.9 billion as of Dec. 31, compared with $52.4 billion at the end of 2007.

The FDIC now expects that bank failures will cost the insurance fund around $65 billion through 2013, up from an earlier estimate of $40 billion. There have been 16 bank collapses already this year, following 25 in 2008 � which included two of the biggest savings and loans, Washington Mutual Inc. And IndyMac Bank.

The new insurance fees are meant to raise $27 billion this year to replenish the fund.

Bair said the plan protects bank depositors as well as taxpayers, because it likely means the FDIC won�t have to go to the Treasury Department and tap public money to replenish the insurance fund.

Bair has not ruled out that possibility for a short-term loan, but said she doesn�t expect to take the more drastic action of using its $30 billion long-term credit line with Treasury � something that has never been done.

�Some have suggested that we should turn to taxpayers for funding,� she said in her letter to the bank executives. �But banks � not taxpayers � are expected to fund the system, and I believe Congress would look skeptically on such a course of action.�

Furthermore, she said, turning to taxpayers �could open up a whole new debate about the degree of government involvement in the affairs of insured banks.�

The FDIC plan puts new charges on a battered industry while the Obama administration is seeking to pump as much as $750 billion in additional federal aid into ailing banks under its financial rescue plan. The FDIC, as a regulatory agency charged with protecting the insurance fund, acts independently from the administration.

The new emergency premium, to be collected from all federally insured institutions on Sept. 30, will be 20 cents for every $100 of their insured deposits. That compares with an average premium of 6.3 cents paid by banks and thrifts last year.

The FDIC also raised the regular insurance premiums for banks to between 12 and 16 cents for every $100 in deposits starting in April, up from a range of 12 to 14 cents.

UPDATE II: Oopsie. Change-O, Government-O drops the word "require" from their vocabulary in Obama's Change.gov website on "voluntary service" for Obama's new "Youth Corps" program.

Right.

UPDATE III: Obama forgot to remove "require" in one of his Change.gov website on service requirement,

Did ya notice?

FDIC�s Bair warns on bank deposit insurance fund

Associated Press

March 4, 2009, 12:35PM