Skip to comments.Just 21% Favor GM Bailout Plan, 67% Oppose
Posted on 06/01/2009 7:28:57 AM PDT by reaganaut1
Only 21% of voters nationwide support a plan for the government to bail out General Motors as part of a structured bankruptcy plan to keep the troubled auto giant in business.
The latest Rasmussen Reports national telephone survey finds that 67% are opposed to a plan that would provide GM with $50 billion in funding and give the government a 70% ownership interest in the company.
Even when presented with the stark choice between providing government funding or letting GM go out of business, only 32% of voters support the bailout. Most voters (56%) say it would be better to let GM go out of business.
Most political conservatives and moderates say its best to let the company fail, but liberals are evenly divided. A majority of voters in all age groups say its better to let GM go out of business. So do 59% of men and 53% of women.
An earlier survey found that 76% believed economic recovery was possible even if GM fails.
Looking back at the bailout funding already provided, 60% say the auto bailouts were a bad idea. Two-out-of-three believe that most of the bailout money is going to those who caused the economic crisis.
Only 18% say the federal government will do a good job running GM. But they suspect the government will do all it can to help its investment. After taking ownership of GM and Chrysler, 57% expect the government will pass laws and regulations giving those companies unfair advantages over others.
(Excerpt) Read more at rasmussenreports.com ...
Elections have consequences.
Let's say GM makes environmentally-friendly cars in the future and the US public does not buy, but Ford sales rise. Since the UAW is a stakeholder in GM, will the UAW strike Ford to "level the playing field"? Is there some sort of oversight to monitor this potential situation?
How many of these morons voted for Obama and the current Rat Congress?
Interesting when coupled with the other Rasmussen poll showing most voters blame Bush for the current economic mess.
Will voters eventually get that Obama is making it worse or that Congress was Democratically controlled for the last two years of the Bush Administration?
Choice will no longer be an option when the government gets through with its’ stupid “plan”. We will all be driving tin cans and paying through the nose with money AND LIVES!!
imho, this is not a bailout and this is not a bankruptcy, this is a take-over.
About 100% (105% in heavily Rat districts).
It’s exactly that type of question that puts Ford in the same boat with GM and Chrysler for me. The root of the entire problem is the UAW...and they are entrenched at Ford too. NO UAW cars in this household in the future.
Needs to be a rake over.
This can only get worse.
Rats know better than to stay on this ship.
Even fleas leave as soon as they detect the heart stop.
When are people gpoing to realize that it does NOT matter what ‘we’ the people think; politicians are going to do what THEY want to do....errr, deem necessary...despite what ‘we’ think or feel.
‘We’ the people matter not to politicians except when it comes time to vote. Get with the program already, gesh.
If this is true and only 1/2 the rats support it then my back of the envelope projected GM and Chrysler sales would be cut in half. Oh boy......
It’s possible that Government Motors will be the sinkhole that bogs down the Baraqqis sprint to socialism.
Now if we only had some credible GOPers making the alternate case.
No they don't have consequences, at least not in this case. Bush bailed out GM with TARP funds. He made it all possible. You cant have a republican president that you (not you, I mean talk radio conservatives) call conservative for 6 years do this big government socialism stuff with democrats then claim it's all democrats doing it, and voters had a choice in the election.
McCain would have done the same thing as Bush if elected.
But at this point, on this board, I really see no reason for you to show up and expend so much energy bashing Republicans. I don't see you criticizing Obama -- I just see you saying "Bush's fault".
It's the summer of 2009. Bashing Bush isn't going to help anyone.
I guess we'll just wait again for Boehner to give us another "press release". How about him holding protests on the front steps of Capitol Hill or being on TV every other day complaining about it? Who are they afraid to offend? The Democrats? I feel like we're all alone fighting this, or is it just me?
I have been saying it will be the piece of "bling" around his neck like Flavor Flav's big watch. But it will be the GM symbol with a "Fiat 500" in it.
Yes, this can't and won't work, as much as I hate to say it. I know many good people still in GM and many retirees that will pay the price.
The alternative, look at my tagline, Palin / Mulally...
I am sure you know who Mulally is, Ford's CEO.....
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