Below The Beltway

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Voters Against The Bailout

by @ 1:44 pm on September 26, 2008. Filed under Credit Crisis, Economics, Politics, Sub-Prime Mortgage Crisis

It’s beginning to look like there’s a significant difference of opinion between American voters and the people who work for them:

Only 30% of U.S. voters think the federal government should step in to rescue the country’s troubled financial markets, according to a new Rasmussen Reports national telephone survey.

A sizable majority (63%), in fact, are worried that the federal government will do too much to respond to the current woes. The survey was taken Wednesday night, even as President Bush was making a nationally televised address urging Congress to pass the $700-billion taxpayer-backed bailout plan proposed by his administration.

A week ago, just 49% were worried the government would do too much.

Just 25% now fear the federal government will not do enough. That figure is down from 36% last week.

Half of voters (50%) say it’s better for the government to let the companies that made financial mistakes go bankrupt

The fact that the political class seems unaware of how the voters feel is both interesting, and disturbing.

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2 Responses to “Voters Against The Bailout”

  1. [...] of their bailout plan, the American people are growing less enthusiastic about it (Rasmussen via Below the Beltway): A sizable majority (63%), in fact, are worried that the federal government will do too much to [...]

  2. Jim Evanhoe says:

    We are here today because WALL STREET put GW Bush in power.
    In March 2000, Goldman-Sachs started the top Wall Street
    firms sell off of Tech Stocks, not just to profit, but to
    bring to power BUSH, part of the most corrupt Presidential
    Family in American history, check who is Bucky Bush, sister
    Bush-Koch, we all know Cheney ( out right thug ), C. Rice,
    Sec. State and former Shell Oil executive, who profits from
    a Bush Admin. OIL & WAR…. Father Like Son

    SR…..” Let a War happen ”
    JR…..” Created a War ”
    Both……. Higher Oil Prices…who profits
    Both……. Real Estate collapse
    Both……. U.S. Economic Recession-collapse
    On the Board of Directors of Goldman-Sachs in 2000
    were Reps from the Bill & Melinda Gates Foundation
    …..Reps from intel
    They all destroyed a great 4 trillion dollar economy,
    millions of jobs and the future for the BUSH False
    War and False housing economy……
    Put them all on trial then Hang them ALL!

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