Have no fear, McCain's got a plan



Sept 30, 2008

From John McCain's campaign website :

- "I have talked to the President this morning and recommended an
- increase from $100,000 to $250,000 FDIC insurance on deposits. I
- also strongly recommended that we use the exchange stability fund
- that the Treasury has available -- $250 billion -- to shore up
- these institutions. Also, the Treasury has at its disposal about
- $1 trillion that they could begin without Congressional authority
- buying up some of these terrible mortgages and help stabilize
- the situation." -- John McCain

http://www.johnmccain.com/Informing/News/PressReleases/Read.aspx?guid=4d8bea35-f300-472b-9730-f1eacaf5d733

Paul P
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