Mark to Marked and FDIC increase

[Shawn Juris]

How does this make things better?
From what I've been able to gather about the revision of mark to market this is some very fuzzy math that is being suggested. I wish I could take out loans on what I might be worth one day and not on actual, tangible assets. Why on earth would we reverse this accounting practice? While we're at it why not call poop, pudding and serve everyone some dessert?

The FDIC increase from $100,000 to $250,000 may be a good idea but who hasn't read that medallion on every bank counter? If you have more than $100,000 in a single account and you claim ignorance on how much is insured if your bank goes belly up, I doubt many in America will feel sorry for you.