Americans oppose the bailout

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Americans Oppose Bailouts, Favor Obama to Handle Market Crisis

By Matthew Benjamin

Sept. 24 (Bloomberg) — Americans oppose government rescues of ailing financial companies by a decisive margin, and blame Wall Street and President George W. Bush for the credit crisis.

By a margin of 55 percent to 31 percent, Americans say it’s not the government’s responsibility to bail out private companies with taxpayer dollars, even if their collapse could damage the economy, according to the latest Bloomberg/Los Angeles Times poll.

7:24 am on September 24, 2008