cannotsleep

Oh SHIT! There goes $333.33 for every American. :/ I have mixed feelings about this bail-out plan. If we don’t do it, our economy will plunge into another depression, but still$ 100,000,000,000 dollars is alot.  Still it’s not as much as the $700,000,000,000.(DAMN! ‘ a lot of fucking zeroes) This will increase the Federal Deposit Insurance Corp.s’ cap on coverage of bank deposits from $100,000 to $250,000. For non-politkal pplz this means,taken from Wikipedia,

        ” It provides deposit insurance which guarantees the safety of checking and savings deposits in member banks, currently up to $100,000 per depositor per bank. ”

Source :http://www.msnbc.msn.com/id/26953481/