With annual trillion+ dollar deficits, the US will be at 160% debt-to-GDP within about 5 years. That's the same level that brought Greece to its' knees last year. This country is facing serious financial problems that won't really get addressed until after the election (and then probably just pushed down the road like normal).
Anyway, yes I agree that ING is worth more than the current trading price. That's why I still hold it.