by Frank James
In the span of 24 hours, we have two major polls that give us opposite readings on whether Americans support the Bush Administration's proposed $700 billion bailout of Wall Street.
A Los Angeles/Times Bloomberg poll found 55 percent of those surveyed opposing the bailout while 31 percent supported it. The Los Angeles Times has a report on that poll.
That result exactly contradicted the conclusion of a Pew Reseearch Center poll we reported on last night which found 57 percent of those surveyed supporting the bailout plan while 30 percent were against it.
Looks like we need another poll that can serve as the tiebreaker on that issue.
Both polls pointed in the same direction in terms of which presidential candidate was viewed as being better able to navigate through the financial crisis. Sen. Barack Obama was favored in both polls as the candidate who would be better for the economy, with 45 percent of those in the LA Times/Bloomberg Poll choosing him compared with 33 percent.
In the Pew Poll, it was 47 percent for Obama versus 35 percent for McCain.
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Comments
Amertica better back some form of bail out,,but afraid when Congress and the lobbist get though with it, will be a mess-
Posted by: LOAM | September 24, 2008 10:36 AM
I do, but only under the conditions the Democrats want to add to the Bush administration's proposals. The borrowers didn't force the lenders, but the lenders have been known, on occasion, to back-load many a mortgage, without any mention of it, to the borrowers. Those agents, representing the borrowers, who colluded with the lenders, should lose their licenses, be they law or real estate. The nonsensical charge that the victim is at fault, is an outrage and scheme to hide the real culprits. For all those cold, calculating people, who, for whatever reason, haven't the compassion, nor the wisdom, to see that many of these borrowers were victims, I can only feel sorry for you. You can't even see, let alone, the forest for the trees !!
SUPPORT OUR TROOPS, BRING THEM HOME, ALIVE AND WHOLE. NOW.
Posted by: Don Fitzgerald, Chicago | September 24, 2008 11:42 AM
Lets bail out everyone who has a mortgage. Do we bail out those folks who decided to get loans they couldn't afford--to start with but were brainwashed by the creditors? Yes--bring the troops home and then we talk about bailing out companies :-)
Posted by: Glenn | September 24, 2008 1:38 PM
The American people should not be responsible for irresponsible acts by this administration. Regulation was necessary and is still necessary today; which is not inclusive in this bill. It comes a time when everyone needs to take a break and say what am I doing, where am I heading? The time is now for this administration as well as congress and the house to ask these questions. The bottom line is that the American people do not need a quick fix-it, but a long-term solution to this disastrous problem. This is not a bail out, this is a sellout. It is “never” a bailout when Main Street has to pay for Wall Street.
Posted by: Patrina | October 3, 2008 3:04 PM