The Hill Poll: Voters say Washington is worse than Wall Street

The Hill ^ | 10/17/11 | Elise Viebeck

[neverdem]

In the minds of likely voters, Washington, not Wall Street, is primarily to blame for the financial crisis and the subsequent recession.

That is the key finding of this week’s The Hill poll, which comes as the national Occupy Wall Street movement — a protest that objects to risky practices and excessive salaries at major banks, along with American income disparities in general — enters its second month.

The movement appears to have struck a chord with progressive voters, but it does not seem to represent the feelings of the wider public.

The Hill poll found that only one in three likely voters blames Wall Street for the country’s financial troubles, whereas more than half — 56 percent — blame Washington.

Moreover, when it comes to the political consequences of the protest, voters tend to believe that there are more perils than positives for Obama and the Democrats.

A plurality believe that the Occupy Wall Street movement will hurt Democrats and Obama in the 2012 election. Even those whose sympathies lie on the left of center seem unsure about the likely political repercussions. Just half of all liberal likely voters — the group most likely to blame Wall Street for the recession — and fewer than half of all Democrats believe the protests will help their side next year.

The split on the question of apportioning blame for the nation’s economic travails corresponds closely with voters’ political ideologies: More than 7 in 10 conservatives blamed Washington for the recession, while more than 5 in 10 liberals blamed Wall Street.

But self-identified centrists, importantly, appear to be siding with the right on economic issues, with nearly half blaming Washington for the recession.

The difference also reflected voters’ views of Obama: Among those who “strongly” or “somewhat” approve of the president, most blamed Wall Street, while those who “strongly” or “somewhat” disapprove of the president blamed Washington.

Interestingly, those who described themselves as “not sure” about Obama nonetheless blamed Wall Street over Washington by a more than two-to-one margin, 55 percent to 23 percent.

Pulse Opinion Research conducted The Hill Poll on Oct. 13. It is based on the responses of 1,000 likely voters and has a margin of error of 3 percentage points.

Click here to view data from The Hill poll.(PDF)

[skeeter]

Well, “1000 likely voters” is a much more representative sample than Time’s “1000 adults (unless where noted)”

[GOPJ]

What? What? Twenty two year old trust fund babies and street people don’t represent the American people? OMG - how can it be?

[NoLibZone]

The reason Soros paid protestors to Occupy Wall Street is to make government larger.

They are Mercs

[Le Chien Rouge]

Regarding DC and Wall Street,With apologies to the late, great Billy Martin:

One’s a born liar [DC], and the other’s convicted [Wall Street].”

[NoLibZone]

They are paid to protest for larger government.

http://newyork.craigslist.org/brk/gov/2618821815.html

[xuberalles]

This whole entire Wall Street charade is nothing more than an orchestrated attempt to deflect attention from Obama's historic failures. Their messiah has failed and they can't stand the idea of him losing in 2012. These protestors are by a clear majority, Obama supporters. If Bush were president, they'd be occupying Pennsylvania Avenue.

[Ann Archy]

DUH!!!!

[Neoliberalnot]

Here’s a quick look into the three former Fannie Mae executives who brought down Wall Street.

Franklin Raines was a Chairman and Chief Executive Officer at Fannie Mae. Raines was forced to retire from his position with Fannie Mae when auditing discovered severe irregularities in Fannie Mae’s accounting activities. At the time of his departure The Wall Street Journal noted, “ Raines, who long defended the company’s accounting despite mounting evidence that it wasn’t proper, issued a statement late Tuesday conceding that “mistakes were made” and saying he would assume responsibility as he had earlier promised. News reports indicate the company was under growing pressure from regulators to shake up its management in the wake of findings that the company’s books ran afoul of generally accepted accounting principles for four years.” Fannie Mae had to reduce its surplus by $9 billion.

[Paladin2]

Occupy 1600 Pa. Ave.

[hsalaw]

the national Occupy Wall Street movement — a protest that objects to risky practices and excessive salaries at major banks

That's a stretch. From what I can tell, they're protesting paying their own bills and want someone else to support them.