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Obama proposes raising FDIC ceiling to 250k - How does AP report it?

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Jersey Devil Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 09:29 AM
Original message
Obama proposes raising FDIC ceiling to 250k - How does AP report it?
McCain later agrees while on Morning Joe.

Here's how AP reports it:

Candidates propose raising deposit insurance limit
Candidates propose raising amount of bank deposits insured by federal government to $250,000

Staff
AP News

Sep 30, 2008 08:05 EST

Republican John McCain and Democrat Barack Obama said Tuesday the government should raise the federal deposit insurance limit from $100,000 to $250,000 as part of a renewed approach to shoring up the U.S. economy.

Avoiding the term "bailout," the presidential candidates said in separate statements that Congress must make another attempt to pass an economic rescue plan. The House on Monday balked at approving the Bush administration's $700 billion proposal, its 228-205 vote sparking the largest sell-off on Wall Street since the day after the Sept. 11, 2001, terror attacks.

http://talkingpointsmemo.com/news/2008/09/candidates_propose_raising_dep.php

This shit pisses me off!
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NJmaverick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 09:35 AM
Response to Original message
1. AP has had a repuke bent, for about a year now
I think FAUX news now sits on their board
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tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 10:37 AM
Response to Reply #1
3. AP Chief Ron Fournier: Bushie Whore for quite some time now.
It stands to reason that AP would have been one of the Bushies' priumary targets for parasitization and neutralization.

Fournier's rise means one of the Bushie Parasites now runs the whole tapeworm!

AP is not to be trusted. Hasn't been for a long time, now.
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notaboutus Donating Member (194 posts) Send PM | Profile | Ignore Tue Sep-30-08 10:24 AM
Response to Original message
2. Don't Believe The Hype
The person that runs the news division is one of Rove's best friends (Check NY Times they did a story on this FACT) The Obama campaign has held discussions with the A.P. on their reporting of stories.
I can't see anyone who watches Joe question the A.P. Make no mistake MSNBC is FOX. Fox has lost all credibility except for with the far right so now MSNBC who is "suppose" to be left is carrying the banner. Please go to Media Matters and see for yourself. They lie on Obama daily, just because they have Keith and Rachael does not excuse the rest of their coverage.
They showed less of the democratic convention than Fox. This is a FACT. Don't be fooled by MSNBC.
I'll just give you a few examples to make my point.

1. They have ran the McCain You tube ads more than any other network. The negative ones he doesn't even by air time for.
2. They move PA from Obama to toss-up! To make him have less of a lead in the battle ground polls.
3. They have an uneven number of Republican surrogates on daily as opposed to equal time for both parties.

This is not just my opinion there are FACTS to back this up. I just want Democrats to stop putting so much faith in not just MSNBC but the press period. They are republican owned and controlled.
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KelleyKramer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-30-08 05:09 PM
Response to Original message
4. "largest sell-off on Wall Street since the day after the Sept. 11, 2001"

Ummm.. Wall Street was completely shut down the day after Sept 11

And yes, the AP is pretty much garbage now... a lot of newspapers are canceling it.
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