Americans Don't Want a Corporate Bailout

October 29, 2008 RSS Feed Print

Sorry, Treasury Secretary Henry Paulson, but Americans want the free market and not Washington to decide which companies live or die. Pollster Frank Luntz tells Whispers that only 25 percent of voters want the Feds to bail out corporate America. In a poll for the Kauffman Foundation, apparently angry voters decidedly rejected those typically handed the nation's economic reins. Only 14 percent want a Fortune 500 CEO—like Paulson—to manage the economy, and a similar 14 percent want a lawmaker in charge. So, who's da boss? Some 56 percent said a successful small-business owner should run the shop.

Tags:
bailout,
Henry Paulson

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i agree, its not fair for the taxpayers to pay for the mistakes of the ceo etc. I think the only way capitalism works is if you let the markety sort outall the problems itself. The only way globalisation works is to let the free market sort it out. When the rich make mistakes then the companies should fail. Atleast this will allow such companies to learn from the mistakes. Government handouts encourage more corporatons to be irresponsible. GOVT HANDOUTS IS MOST CERTAINLY NOT A SOLUTON!!!!!

LAW STUDENT of NY 7:39AM February 04, 2009

Why bailout CEO's and Executives after they created multi-million dollar salaries for them selves, with outrageous bonus's????

They should be held accountable and forced to pay it back!

Their performance was horrible and should be charged with white collar crimes.

Tired of white collar crime of IA 7:02PM November 11, 2008

Why bailout CEO's and Executives after they created multi-million dollar salaries for them selves, with outrageous bonus's????

They should be held accountable and forced to pay it back!

Their performance was horrible and should be charged with white collar crimes.

fred of IA 7:00PM November 11, 2008

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Washington Whispers has been featured in U.S. News & World Report since 1933, offering a fun, insider's view of Washington.

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