Rasmussen has a new poll [2] out on the increasing number of people who just want an end to ALL the financial bailouts. And these new numbers come not long before Obama's administration will be asking for more bailout money.
Forty-five percent (45%) of American adults say it’s time to stop all bailout funding for the financial industry. The latest Rasmussen Reports national telephone [3] survey found that 34% disagree while 21% are not sure.
The findings come amidst growing public anger over $165 million in executive bonuses paid out at American International Group (AIG) after the ailing insurance giant had received a $170 billion bailout from the federal government to stay in business.
As with other topics concerning bailouts, there is a huge gap between the Political Class and Mainstream America on this issue. By a 76% to nine percent (9%) margin, the Political Class believes the bailout should continue. By a 58% to 26% margin, those with Populist views disagree and say the bailouts should stop. Most Americans have Populist attitudes and their perspective can reasonably be considered the perspective of Mainstream America.
I don't see a breakdown of what percent of people are "political class" vs. "mainstream", but I think it's safe to say that the "political" class is a LOT smaller. And they shouldn't forget that they owe their careers to the "mainstream class".
TAKE ACTION: Click here and let your members of Congress know how YOU feel [4] about more bailouts and wasteful spending!