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AP-NCC Poll: Public opposes stake in ailing firms
AP/YahooNews ^ | 9/15/09 | MARK SHERMAN

Posted on 09/15/2009 2:26:01 PM PDT by Kartographer

Americans decidedly oppose the government's efforts to save struggling companies by taking ownership stakes even if failure of the businesses would cost jobs and harm the economy, a new poll shows.

The Associated Press-National Constitution Center poll of views on the Constitution found little support for the idea that the government had to save AIG, the world's largest insurer, mortgage giants Fannie Mae and Freddie Mac, and the iconic American company General Motors last year because they were too big to fail.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: governmentbailouts
NO MORE BAILOUTS!!!
1 posted on 09/15/2009 2:26:01 PM PDT by Kartographer
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