Wednesday, February 25, 2009

Plurality Say Bailouts a Boondoggle

Bailouts, bailouts everywhere, and not an end in sight.

The automakers want more, the banks want more, even the nation’s biggest insurance company is back because its $150-billion bailout last year wasn’t enough. And what about the people who can’t pay their mortgages? Taxpayers are beginning to wonder if the U.S. Treasury is going to run out of money.

So what do Americans think about all these bailout requests?

Given the choice between federal bailouts for the auto companies, the finance industry and financially trouble homeowners or no bailouts for any of them, 54% say no bailouts period.

Just 26% support bailouts for all three, according to a new Rasmussen Reports national telephone survey. Twenty percent (20%) aren’t sure which course is better to follow.

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