US 'may' back bank deposits as rescue system moves too slowly

Doug, see my post on your last blog to refresh your memory about the definition of "rathole."

As someone once said, sometimes the medicine is worse than the illness.

We fail to understand why Americans are unhappy. They voted for a Republican president in 2000 and 2004. We reject the claims being made in several foreign nations that Americans are so ignorant of their own history that they do not understand the consequences of voting Republican. Republicans brought us the Great Depression of 1929 and excepting Dwight Eisenhower (1952-1960), every Republican president since 1929 has crashed our economy. Republican Nixon gave us 12% inflation, wage and price controls, gas rationing (you were allowed to only buy gas on certain days and were limited to 5 gallons per purchase) and the stock market crash of 1973, Reagan gave us the stock market crash of 1987, homeless and unemployment marches, record deficits etc. The first Bush got thrown out of office because his economy was so bad ("Its the economy, stupid" was Democrat Clinton's winning campaign slogan). All Democrat presidents excepting Jimmy Carter gave us great economies. Clinton left us a great economy, a balanced budget and a 559 billion dollar surplus. SEE http://en.wikipedia.org/wiki/Bill_Clinton Americans were upset with Clinton's great economy so they voted Republican and are now getting what they voted for. Why so unhappy? It makes no sense to us. You get what you voted for - fools.

That is correct.......every time there is a republican in the white house......the middle class suffer!!!!! War and debt is all they know and it comes from greed !!!! What I want to know is why are these wallstreet rapists being prosecuted? We, mainstreet americans, should not have to bail them out and furthermore we cannot as we are all on our asses right now !!!!

"We fail to understand why Americans are unhappy. They voted for a Republican president in 2000 and 2004."

Actually, this isnt true. The majority voted for Al Gore in 2000, and in fact, the majority of votes in Florida were for Gore as well. The current president took office through something akin to a non military coup. The majority of Americans are unhappy because their country has been hijacked for the last 8 years, and fear that by the shennagins of a radical right wing, the same thing may happen for another 4.

America suffers from a political compromise hammered out during its foundation-votes from sparsely populated states are weighted more heavily than those from more populous states, so we can have a situation in which a minority can elect a president, which is what happened when Bush was elected the first time.

The rural voters are less educated and less sophisticated, and buy the con the Republicans run that they will lower their taxes and encourage business. What the Republicans actually do is lower taxes on the rich and make sweetheart deals for the politically connected rich, thus throwing a larger tax burden on the working class people that voted them in-but they aren't educated and intelligent enough to see through the scam.

If lower taxes for the rich and less regulation for corporations are the answer to creating a good economy, why are we in so much trouble? The Republican party has been in power for 8 years, and these policies have all but wrecked our country's economy. Now McCain proposes to lower the taxes for the rich yet more, and to pay for a huge givaway to fat cats in Wall Street, paid for with your tax dollars.

Think back, when was the last time you felt secure and prosperous? I'll bet Clinton was President. This is not a coincidence. Vote Obama, if you don't want another Great Depression.